For people who have not done Economics – at any level, there is a good chance that they may not know the meaning of ‘Rent’ – in economics, here is the explanation. When you have got used to a certain annuity – generally undeservedly – the rent is threatened. Now if a shop is located […]
If you went back in time, most ‘middle class’ people were spending a big fortune of their income on ‘essentials’. Imagine in the 1980s – a person earning Rs. 5000pm (almost a HUGE salary!) – could have been spending Rs. 2000 a month on household expenses. This was about 40% of the take home salary. […]
I know there are too many people in the world who would like to debate the existence of God. I am not one of them. I believe it is better to bet that he does exist. Because to believe that he does not exist is not a risk free idea. In case he does exist..and […]
When I started blogging I found this as a good medium for writing about charitable giving. Many friends, classmates, relatives had monies coming out of their ears and seriously did not know what to do. The Audis had been bought, the beach house (a 5 BHK should be called a house or palace, I know […]