Tuesday 13 December 2011

Rupee slides AGAIN!

I remember the time when the rupee had hit a low in 1997-1999. I remember going on my first trip to Japan counting every Yen and rupee. At that time I was not sure of all the reasons, just knew how it was impacting me directly. Of course, on the return journey, with Yen and Dollars on me, the rupee being low was more advantageous.

Today's newspapers speak about the sliding rupee and the continued sliding rupee.  There goes my decision to buy the 5 new management books from Amazon. Should I also postpone my holiday plans? Should i buy that new flat screen or the new smart phone/tablet - will the prices increase. The point is, how long can I hold on - how long can I hold on? Let us wait watch and act.

Saturday 10 December 2011

Money. Money. Money. Must be funny in a rich man's world.

The two lines from a song that was popular once sums up what most people feel about money.
The amount of money is never enough or so it seems. 

With the internet there are various ways to earn money even while sitting from home. but there are equal and more opportunities to spend on and many new mechanisms to enable spending money.

It is indeed a great time to be a child now. Dad being an ATM is a much needed facility. And with moms also joining the ATM bandwagon, and many single hosuehold families, children have it good like never before.

And of course there is so much to buy - through shops, discount retailers online, virtual goods etc. .. But how does one pay for everything - even if you have enough money! Cash is still popular. And dad will not really give a credit card that easily..

Thank heaverns I can hear some parents say. But isnt it funny that school bills, MCD taxes, etc cannot also be paid online even though so much advancement has happended.

But mroe about that later