It is very exciting to do a post on the budget. All you have to do is a lot of cut, copy and paste. My mail box is full of documents about the budget – and there is only only key that I had to use. It is called ‘Del’.
Frankly for the common man (who is brought up on the Macaulay’s / Prussian education model) ‘what to do now’ is a question that he would happily ask google every day! Not reading about the budget, not watching television, not reading websites, blogs, etc. about the budget is a good beginning. Only set of people who were excited about the budget are a bunch of media people. To the common man it is a non event. Can you believe that whole of yesterday (Friday 26th) I spent in Delhi without talking about the budget? I smsed a few journos about the budget. 5-6 media people called me for my views (perhaps) about the budget. Other than that I had no connection to the budget at all.
However I have to give a few lectures on the budget – hopefully some kiddo in our office will put together some content…which I can mug.
Funnily the MOST important things a person needs to get financially better are:
1. Understand and do SMART GOAL SETTING.
2. Spend a lavish time on selecting a good financial planner – a fee only guy who does not tell you where to invest.
3. Create a financial plan yourself (no not by the planner) and see what steps are required to reach there.
4. Believe in YOURSELF, stop listening to experts and implement the plan.
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