Sunday, January 5, 2014

Liquidity Crisis in personal finances

This is no money economy theorum and I am no economist(but I fancied this title)! In the management of personal finances, every one is an expert on their own! We know it right from the ages we managed our pocket money! But in my opinion we have different styles of managing. Extra liquidity is a risk in personal finances. In a hurry to suit the lifestyle, often the liquidity gets spent on a fancy of the moment. Limiting the liquidity just sufficient for foreseen expenses, keeps the personal finances healthy. Some tips are as these; Believe in investing and not spending! Keep saying it to your self, every day it is meaningful! The postponed spending leads to best of purchase decision, most of the times you would have had a better choice. Flipside, may be the attractive offer is gone, but dont regret. This makes us a careful spendor Dont be an acrobat or gymnast! if you have more than handful of investments and assets/businesses to manage, hire personnel and deligate. If you wish not to let a single ball on ground, you can't everything on your own..ex: Have a trusted broker for your stock market purchases / sales! Power of today - If it an opportunity, dont expect it tomorrow! it knocks only once, when it is sencond time, there will be more than many takers! Contingency - deschiplined investment of past is our best friend at contingency! Asset verification: An idle asset need not be so, for eternity. May be, it is the time you utilize it and there is a marginal utility unaccounted so far.. Lastly, personal finance is very 'personal'. So dont copy others...! Hear, listen, read others.. Analyse to do what you want.. after all its 'personal' finance!

Some tasty timepass..

If creativity is one's forte...anything can become inspiration... why not at kitchen?.. After the Sunday siesta, calls for a really hot tickler for toungue.. I tried something like this.. It tasted good when hot...! Potato is so deep frying pan friendly..Any combination tastes good.. Try this out if you have some time after a lazy Sunday Siesta and at a company who appreciates to eat.. (eat well!!) Scrape some peeled potatoes, better crush them in a Mixer Grinder jar, add salt, Jeera and chick peas floor with salt to taste! Potato crush leaves moisture and therefore don't add extra water. Mix the ingredients well until it can make into small patties.. For added taste along with potato, add crushed green peas and carrots, a little.. Heat the oil in a frying pan and deep fry the patties.. Remove before all the bubbles fade..Color is golden brown! Serve hot with ketchup and Masala tea..!! For my kind of Masala Tea, keep the following ready! Your ordinary tea will no more be so.. Vanilla beans dried, ginger and elaichi, better dried. Crush them in mixer grinder and keep in seperate containers! For sugary tea, vanilla goes well,use for tea with milk, blended with hot boiling at a jar. For medium sugar, ginger goes well and anything else elaichi.! Remember to keep the milk thinner to avoid milkly smell over riding the aromas of blended tea!!Serve the tea piping hot!!! That makes the end of perfect Sunday!