The Science Behind Money

September10

Money always dazzled me. At a younger age it was more about things money could buy for me. In the late teens, I realized it there was more to money than earning and spending it. I also realized that the people who manage big money are paid big money. At the center of all major decision is money.

The flow of money decides what asset is in demand and will outperform it peers in a discreet time frame. The flow of money decides what a country ought to be. The flow of money decides your tax rates. Track where the money is heading and a lot of things will start to emerge and hazy details will start becoming clear.

The funny aspect is that a lot of emphasis is laid by the common man is on earning the money. I understand it is important. But to get it to work should be a major focus. If done right your money can make you much more than your work ever will. Manage your risks, make calculated decisions. Take control.

Learn about money. Learn how to make more money with your money. Learn how to not lose money. Learn about money systems. Learn about how money in one country affects the other country. Learn !

 

Back in the country

September10

I am finally back in my comfort zone, back in Dubai. Not Dubai exactly, Sharjah. It feels kinda warm and less sticky. Its nice to be around things I am used to and comfortable with. I feel relaxed knowing that when I set out from point A to Point B, I will reach without surprised. I ll reach without some bike, cycle or car almost running me over. I ll reach without any cows in the way. I ll reach without having to constantly looking down to make sure I am not stepping on poop.

However it is, I am going to miss the place. Cheap food, extended family and lot of noise. Its a good place for a 2 week change, I am not sure if I would like to settle there. Its a little difficult to settle for something less when you’ve had the best you know. But at the end of the day, its my country.

I am still hopeful, someday it will be worth living in. Not today, not tomorrow but somewhere down the line. It will be a decent place to live in and that is when I’ll go back. I will go back.

 

Whats your Number?

September8

They say “Money Doesn’t Buy Happiness”. I agree. But money does make it a lot more easier to be happy. Money allows you to do things that make you happy. It allows you to buy time that you can use to do things you like and be happy. So indirectly, Money can buy happiness.

When one starts out to work, they usually have a number in mind. The amount of money one needs to not work again. Its a big amount that ensures all of his and his family’s needs are covered for rest of the life. Some don’t have a number and keep working. Some are greedy and always want more.

Its a nice idea to have a number in mind. You at least know what you are working towards. You know if you are current job/business will take you there. You know you have to change jobs. It makes your financial life a lot more simpler and enlightened.

Thinking of it. My number would be close to 10 Million AED. This would ensure that I make enough money in annualized return to live a life of abundance back in UAE or any other country in the world. Whats your number ?

 

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#ban7days Over Exaggeration of a story

September8

I recently read this article on 7days which talks about how an expatriate can ask a mosque to lower its volume. Its a very touchy subject. Muslims are very sensitive about stuff concerning their religion. This is a good thing. But this makes them very vulnerable to being offended.

The article discusses about one to approach the imam of the mosque and request him to be a little away from the mic while conducting his duty which would lower the volume a bit. If this doesn’t work, file an request with the government. Looking at it rationally, I don’t see anything wrong here. I don’t see how lowering the volume a bit would affect someone’s religion.

The expats in the article are not asking to mute the prayers but to lower it a bit. The whole article has received an over exaggerated response of twitter. I am of the strong opinion this is not a healthy conduct. Dubai is a multicultural country. Harmony can only exist if there is mutual understanding between expats of different community regarding their self and religion.

Retiring at 35…

September6

I am a 21 year Aeronautical engineer who aims to retire by the age of 35. When I tell my parents and relatives about this, they are usually startled. They don’t know how it will work out. I have a rough plan in mind and I am trying to fill in the details.

I have to work hard for 14 years to ensure that I don’t work for rest of my life. Its a good deal i’ll take it. So what am I going to do after the age of 35 ? I am going to do whatever I want. May be travel the world, raise cattle, make more sites or even farm.

I don’t want this money to feed myself and my future family. I want this money to buy me independence from my worldly responsibility and allow me to do what I want.This is life is too short. I want to live it to the fullest.

I am going to share my calculations with you in the next blog post on how exactly am I going to make it happen. So stay tuned !

 

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