_*Earnings, Cash Flows & Stress*_

I'm always at *PEACE* with myself, when my _Cash Inflows match with my Needs & some Wants / Luxuries (if needed)_

I'm always at a *BATTLE* with myself, when my _Cash Inflows are always a Monthly Struggle to my Needs & some Wants_ 🤔

I'm always at a  *WAR* with myself, when my _Cash Inflows are sufficient to meet my Basic Needs BUT, are insufficient to meet the never ending Wants / Luxuries_

Cash Inflows = Earnings

Cash Outflows = Spending

How much ever is my earning, if *frugality* is not a virtue within myself, it'll destroy my present & my future.

Frugality means.....being careful when using money. I'll better say, *it's being sensible & thoughtful when spending money*

It doesn't mean to be miserely.

_Thoughtful Spending_ is meaning, *where & what should i spend on & where and what shouldn't i spend on*

It's quite simple to follow, if the _*thoughts in our brain are filled with Clarity of Purpose....on money & life matters*_

_*Diagnosis, Medication & Recovery*_

The base case for any *recovery* from an illness is the appropriate *diagnosis*

If, *what is the problem?* is not understood, the, *how to cure it?* can never be got.

_Incorrect Diagnosis, Incorrect Remedy_

Be it an illness or *Savings, Spending & _getting priorities right_*

We miss the *diagnosis* within our own perceptions & biases. Even if we get it right, *do we accept it*?

Earnings

Savings

Investing

Debt (Borrowings)

Liquidity

Risk understanding

Life as a whole

Diagnose the problem, objectively and accept it.

Medication is available.

We diagnose it & don't take the medication 🙂....situation doesn't change

_*Robo, Human & Decisions*_

Can Robo Advisory beat an Individual Human Advisor (Money or Life)?

Money ....Yes & No

Life .... Never

Everything in Money & Life is not filled with 1 & 0....for a program to be run.

There are so many *subjective variables* at stake.

The day we handover our Money & Life decisions to machines....we're on a  highway to hell.

I'll prefer to defer the decision of going onto a highway to hell as long as possible.

It's hip to talk about Robots / Automation / AI etc....but, the value they bring to one's life Vs the complications that are bundled along 🤔.....is it really worth ?

A human remains a human

Trying to make a human out of a machine is a disastrous decison.

Automate only what needs to be.

The rest needs to be kept at a simple.

Data is good but what we do with it, is what counts. 

That decision of, What we do with that data, should never be a machine's call for us.

It should always end as a  *human decision*.

_*Certainty, Uncertainty & Money Life*_

*Life & Politics are so uncertain*

*Money & Investments look to have a certain, _Certainity_*

_*Children, Growth & Investing*_

Quite a cliched statement which compares the growth of a child to one's investments. 

Nevertheless...

The stages most forget are these....

_Just Born_ starting to invest

_Infant_ getting adjusted to the investing process

_Baby_ highly dependent & does nothing but eat (earn), sleep (doing nothing after investing) & play (enjoying the process of investing)

_Boy / Girl stage_ serious work & play starts as in serious accumulation of savings & investments

_Teens_ the *volatility* stage but we need to let the phase pass through. It will, eventually. 

_Grown up Adult_ into the best phase of *compounding growth*. All that has been accumulated & stayed out throught the 20 to 25 year period starts to deliver the best results.

Don't we know these phases 🤔?

Yes, we all know and we've gone through them.

Then, why do we still keep getting panicked about every fall that an investment child is taking.

No worries.

_Invest_

_Keep track_

_Review_

_Let it grow_

_*Philosophy, Structure & Money Life*_

Lego blocks fit perfectly well with each other.They have a *philosophy* in the way they are built & structured.

*Money, Investing & Life* should also perfectly fit each other in the way they're to be built or structured.

We can't have the current situation as in Maharashtra, in our Money & Life. 

_No Philosophy_

_No Structure_

*Do we fit with each other?*

*Do our Assets for with each other?*

_*Income, Returns & Adjustments*_

_STRESS ADJUSTED INCOME_

&

_RISK ADJUSTED RETURN_

More stress, more income 🤔

Do i need it?

More stress, less income 😩

Eeks, horrible situation.

Less stress, more income 😌

Ideal state.

Less stress, less income 😏

What am i doing?

The same analogy holds for _risk vs return_

_*Basic, Comfortable or Luxury Lifestyle*_

Am I positioned for a *basic lifestyle*? 

Roti, Kapadaa, Makkan & some healthcare

Am I positioned for a *comfortable lifestyle*?

In addition to the above, some decent health care cover,  materialistic & experiential goodies of life taken care of without beating the head for cash inflows.

Am I positioned for a *luxury lifestyle*?

Top end lifestyle with not thinking about the sustenance of wealth for life.

Charity & Philanthropy included in all the 3 variants.

_Where do I stand today?_

_Did I set myself a target on this?_

_What am i supposed to do to get there?_

_Am I going in the right direction?_

If I don't fall into any of the 3 categories above, then I'm in a *struggling cash inflow* scenario.

It's a *month on month* & *year on year* repeat.

_How do i get out of this?_

Analyse

Understand

Action

Review

Repeat 👆🏼

_*Parking Space & Asset Space*_

Apparently, Cops and Lawyers clash in Delhi court's parking lot 

Dispute....Parking space

Thankfully, we don't need to fight for *Allocating / Parking our Money* in the *Asset Space*

_*Kids, Reality Shows & Sustenance*_

_Kids in reality shows or Investments in real life_; if they can't deliver consistently over a time period & sustain their performance...the purpose is defeated.