If you want to lead a nice normal life you need to do some simple things right. Not to say it is easy. Let me explain. Getting up in the morning and going for a walk. Sounds simple, but not easy to do. Give up smoking, sounds simple, not very easy to do.

However there are certain things, which if you do, you will remain healthy:
Get adequate rest. Live within your means. Eat a balanced diet. Exercise regularly.
These are easy.

However something far easier than all this is “Don’t listen to bad news”. When it comes to the state of the economy, do NOT listen to pundits or your average TV news show.

Channels chase TRPs and newspapers chase circulation. Sadly negative news gets far greater viewership – so when bad news is available, there is an over-kill. If you watched the Mumbai terror coverage you will know what I mean. I had to pull my wife away from TV! I was saved because the TV in the office is far away from where I sit!
And this is not for Indian channels alone. I could NOT believe my ears….
Some so-called ‘experts’ are comparing the current U.S and world economy to the Great Depression of the 1920’s.
Nothing could be further for the truth.
Unfortunately, this type of limited and scarcity thinking will give MILLIONS of people the excuse to do …NOTHING.
For many, it will become a self-fulfilling prophecy.
The bad news will permeate their subconscious mind and cause them to ’see’ limitation instead of POSSIBILITY.
I have over 20 years of experience handling other people’s money and finances. I think I know a thing or two about money.
And the reality is that, yes…there ARE indeed some economic challenges that we’ve ALL had to deal with recently.
Petrol and food prices WERE at all-time record highs…but they have headed down.
That’s a FACT…
Many people have had to deal with their fair share of “money storms” this past year…We ALL go through it at one point or another…
But here are some more FACTS….
There is more wealth being created today than at any other time in history.
There will be more millionaires today than there were yesterday
Thousands of people around the world will DOUBLE their income!
The Internet has opened up the world to a whole new realm of possibilities.

Ordinary citizens can now turn hobbies and side businesses into lucrative money-making ventures like never before.
When my colleague called banks, life insurance companies and mutual funds (today on 2nd Dec, 08) for training programs – NO COMPANY SAID they have reduced / stopped trainings because there is a slow down…
I could go on and on…Do you get the point?

It all depends on where you’d like to focus your attention.
I rarely watch the news anymore. Instead, I prefer to fill my mind with positive thoughts, shlokas and music before I start my day. Focus on the abundance. Focus on the positives. It really helps.

A wholesome breakfast for the mind is just as important as the one you feed your body.
You have a choice. Reach for GOOD NEWS at every opportunity.
I’ve now reached a point where I am extremely sensitive to negative news of any kind.
I simply REFUSE to listen to it. I recommend you do the same.
It’s POISON. Most people are ADDICTED to doom and gloom news.
It’s hard to avoid, since it’s fed to us every single day by the media.
If you see the Australian and American websites you will believe if you go out in the sun, you will die of skin cancer. If that were true all Indians would be dead. Then you realize that both these countries have a thriving skin care business.

Do I need to say anything more?

  1. I completely agree with you regarding the news. See the way they “overcovered” Mumbai attacks. Small items like the death of VP SINGH EX PM were almost ignored in the scramble for TRPs! There is research showing the damage that television causes to a persons mind and body…!

  2. Hi Mr. Money,

    Good article. I liked it coz I think even i am right when I dont see news specially the negative ones which I am not comfortable and aware is just a media hype and only for their bread and extra butter.

    Veena

  3. No Mujahid Ahmed no Indian sites. Occasionally wsj, forbes. Google daily to pick up some articles on economics, company performance, etc. but nothing material…

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