Hope you all aware that the electricity bill is going to be double from April 1st onwards.
When one door closes, another door opens, but
unfortunately we always look for the door which is already closed.
No lock is manufactured without Key, for every
problem there will be many solutions, but we always concentrate on the problem
rather than looking for a solutions.
In life, there is something called area of
control and area of not control.
The hike of EB bill is area of not control, so you and I can't do anything about
it.
The area of control is how to manage those
sudden increases of 100% hike in the EB Bill.
If the sudden increase of EB bills bothers you, then please listen to my practical solutions
which are very simple for you to follow and address this issue.
In Mutual fund, very few heard about liquid and
liquid plus funds which are similar to your savings account and it is
absolutely risk free and it will not participate in the market, so don't worry
about the market volatility. In the current scenario, it earns somewhere
between 7and 8% interest per annum. Normally, the savings bank account gives
3.5% to 4% and the interest is paid after 6 months by the bank.
People who earns 5 lakhs per annum, normally
keep 1 lakh in a bank account for contingency fund, instead of keeping it in a
bank account the money can be parked in a liquid fund and for 1 lakh, there
will be a minimum of 20 rupees interest per day and for the next 2 months
one can earn 1200 rupees. That's what the increased amount of our EB bill.
Reliance mutual fund is offering reliance ATM
card, so in between if the investor needs money they can go and withdraw in any
one of the ATM across India. IDFC is offering SMS facility to transact online
by buying and selling liquid funds in finger tips. All the mutual fund
companies are offering this kind of fund.
For the corporates, they will not get any
interest in their current account and normally SME and big corporates will have
at least a monthly invoice around 1 Crore and it will be coming to their
account on 25th of every month and they have to disperse in terms of salaries
and other expenses on 1st of every month.
1 Crore in 5 days will earn around 2000 * 5 =
10000 rupees, which normally they allow the present bank to enjoy the benefits
and apart from that they will maintain few lakhs and if you calculate the
interest then it would be somewhere 15K per month and for 1 year it will be 1.8
lakhs. By simply moving the money here and there they can make 1.8 lakhs, the
bigger the corporate the better will be the additional money.
Man and Money should not keep idle; if you try
to understand the characteristics of the money then you can probably use it to
your advantage.
I would be very happy; if few of the mail
recipients understand this and make use of it then the purpose of the mail is
fulfilled. For those who do not react immediately will at least know there is a
solution but we can look forward little later!
Happy to assist you; in case if you need any
clarification on this.
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