Dharam Lessons

Why 20% < 8%

20% with Indexation better than 12.5% with Indexation.

20%

WAKE UP BEFORE IT IS LATE

1) DON'T WORK FOR LONG IF WORK IS NOT YOUR PLEASURE

2) MONEY IS LIKE FUEL. IT NEEDS VEHICLES. DON'T ACCUMULATE MINDLESSLY

3) YOU NEED MUCH LESS THAN YOU CAN IMAGINE

4) WHEN YOU GROW OLDER, YOUR MONEY GROWS FASTER BUT YOUR TIME SHINKS EVEN FASTER THAN THE RATE OF MONEY GROWTH

5) THE ONLY THING THAT DOES NOT GROW MUCH IS YOUR COST

6) BUT WE WORRY ABOUT COST THE MOST

7) FOCUS ON WEALTH

8) IGNORE THE SIGNAL OF PASSING TIME

SPEAK TO SOMEONE WHO UNDERSTAND MONEY IF THIS DOES NOT SINK IN

How can one be Wealthy and Meaningful?

Well-managed Money grows 4 times in 10 years while the cost of living becomes double in 10 years.

Let's assume at age 20 the cost of living is Rs 10 lac and the wealth is Rs 3 lac

So, if one chooses to live a normal life, wealth growth is shown in the table

At Age 80 under normal conditions, as described above, Wealth becomes Rs 102 cr. while cost grows to Rs.6.4 cr.

Thus Wealth is 16 times the Cost.

Now comes the important part.

If you were to contribute 5% of your Wealth every 10 years throughout your life, your Wealth would grow Rs 6.4 cr which is still 12 times your Cost.

In a nutshell, it is not unaffordable to be a Giver and make an impact.

Even by being a Giver your Wealth creation potential far outweighs your cost escalation.

This is the Power of Compounding which most people don't understand because of which they live poor and die rich.

Be a Giver, Create Impact, Bring Meaning and Purpose to your life and last but not least Live Well and Leave behind a Legacy that keeps compounding 4X every decade

I rest my caser