‘A penny saved is a penny earned’ is an adage you will hear so often that its sheer repetition will make you believe it to be true. But is it really true? Sure, money not spent right now is sitting to be spent on something else later. Economics defines this as opportunity cost. But in this article, I am going to argue against ‘thrifty saving’ as a way to ‘grow your money’ or to ‘get and live rich’. Continue reading Why thrifty saving is not the same as investing
Here is an observation. I regularly convert whatever I love into my lifestyle, rather than just a hobby or a passion. If it is not part of my lifestyle, then I most probably don’t like it enough and will eventually give up on it. Continue reading Is it your hobby, passion or lifestyle?
I love bicycling and have been doing it since learning it during my summer vacation between fourth standard and fifth standard. After marriage, I have been encouraging Priya (my wife) to use her bicycle frequently as well. But what she achieved over the last two weekends has left me immensely proud of her. With me, Priya rode 235km in the rainy conditions of monsoon, one of them being a 160km (or 100 mile) long ride from Pune to Thane. All this, considering that this is Priya’s first year of serious long distance bicycling, whereas it is already my 6th.
What is Priya’s secret to such supreme fitness and determination? Ideally this should have been Priya’s post to write as her own story, but this time we decided to take a different angle, by making me the observer who studied Priya’s success. Continue reading How Priya mastered long distance bicycling