Showing posts with label Life Lessons. Show all posts
Showing posts with label Life Lessons. Show all posts

The Art of Decision-Making: A Witty Guide to Navigating Life

NOTICE: This blog post was written with help and inputs using ChatGPT 

Image Credits: #Freepik

Introduction:

Ah, decision-making! The thrilling rollercoaster ride that is an inevitable part of life. From the moment we wake up to the moment we hit the pillow, we are faced with choices big and small. But fear not, dear reader, for I am here to guide you through the whimsical and often perplexing world of decision-making, armed with wit, charm, and a sprinkle of joviality. So buckle up and let's dive into the art of making decisions!


1. Embrace the Power of Procrastination:

Ah, procrastination, the timeless art of delaying decisions until the very last minute. While some may frown upon this approach, I say embrace it! After all, why rush into a decision when you can savor the delicious uncertainty of not knowing? Plus, the added pressure of a looming deadline might just make your decision-making process all the more thrilling!


2. Consult Your Crystal Ball:

When faced with a particularly perplexing decision, why not consult the mystical powers of a crystal ball? While I can't guarantee its accuracy, the mere act of gazing into a crystal ball can transport you to a whimsical realm where decisions are made based on a twist of fate. It's a witty and playful approach that adds an element of surprise to your decision-making adventures.


3. Flip a Coin... or Three:

In the game of decision-making, nothing beats the classic coin flip. But why settle for one flip when you can have three? Yes, my friend, the triple coin flip method is where it's at! Assign each option to a side of the coin and let fate decide your course. And if you're feeling particularly playful, throw in a dramatic catch in mid-air for extra flair.


4. Seek the Wisdom of the Universe... or Your Local Cat:

When faced with life's toughest decisions, why not turn to the universe for guidance? Seek out the mystical wisdom of the stars, or better yet, consult your furry companion. Cats, with their enigmatic personalities, have long been revered as decision-making experts. Simply observe their behavior and let their meows and purrs guide you on the path to enlightenment... or at least to a good belly rub.


5. Embrace the Art of "Eeny, Meeny, Miny, Moe":

Remember that childhood rhyme? It's time to bring it back! Sometimes, decisions can feel overwhelming, leaving us paralyzed by choices. In those moments, a round of "Eeny, Meeny, Miny, Moe" can be just the ticket. It's a playful and light-hearted way to give fate the reins and let go of the burden of decision-making.


Conclusion:

And there you have it, dear reader, a whimsical guide to decision-making that's sure to bring a smile to your face. Remember, life is full of choices, big and small, and making decisions can be both daunting and delightful. So why not infuse some humor and playfulness into the process? Embrace procrastination, consult your crystal ball, flip some coins, seek the wisdom of the universe, and play a round of "Eeny, Meeny, Miny, Moe." Let your decisions be guided by wit and joviality, and may your life be filled with adventurous choices and delightful surprises!


Now, go forth, embrace the art of decision-making, and let your journey be filled with laughter and joy!
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Subsidies and its Impact on the Economy



It all started with the government trying to win the votes of the farmers and promised them subsidies and write-off on their loans from the banks.  This led to huge amounts of money being written off as bad loans and the money accumulated to such enormous amounts that most government banks had their market share and shares go below their actual value due to the debt that they incurred.

When any company or even anybody that has more debt than they are generating income, for the next succeeding years it is always hard for them to balance their balance sheets.  The thing is you’re trying to match the positives and the negatives of balance sheet.  You can technically write this off, but on the actual books, you are in the red.  Once you are in the red, it now becomes the race to equal it off or come back into the black or positive side of the balance sheet.

Suppose I have a book that is worth 10, but I’m giving it to you for 8.  If my manufacturing or production cost is less than 8, then whatever I’m making will be gross profit and after forgoing my costs and other expenses it will be my net income/profit.  Until the cost that I’m providing it to you does not go below my manufacturing or production cost, I will still make a profit but at a lower amount.
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Impact of Fiscal Deficit, Current Account Deficit on Indian economy



The main thing is that both fiscal deficit and current account deficit are differences between income/revenue and expenditure.

Fiscal deficit is the difference between the government’s total expenditures and its revenues (excluding money from borrowings).

Current account deficit is the difference between the revenue earned by a country from its trade activities and its expenditure due to imports.

Now that we’ve got the definitions out of the way, in a sense both of them deal with either the positives of the negatives (in terms of income/expenditure) that the country has.  In India’s case, both are in negatives or we have high deficit.  Too bluntly (or technically) put it we are in the red on the balance sheet.

There are many things that have led to this.  An open economy, imports, manufacturing practices, rules and regulations, easiness of setting up a business, subsidies/favors, taxes (corporate), inflation, salaries, infusion of foreign capital and the proper use, et cetera…

When you open up an economy to the outside world, this leads to something called as innovation and brings in various methods and ways to circumvent the rules and regulations (i.e., cheating/evasion).  Any common that comes into power would like its name to be remembered forever for the good things it does, and along the way it tries to do things with a different approach.

Now, you must wonder why after more than 60+ (65) years after independence from British rule we have not been able to become truly independent from our archaic rules and regulations that the British had setup.  We have now become a true software powerhouse and in the coming years become a truly independent manufacturing powerhouse, but with the current colonialist and dynasty type of ruling where the government that comes into power, they try to get their loved ones and relatives into prominent positions to help them later out.

This leads to the Indian economy again going down as the deficit keeps on building up and there is a negative balance which needs to attain zero or rise to the positive or plus side of the balance sheet.  Unless there is a proper overhaul of the current archaic rules and regulations and a serious and it the various amendments and or repeal of these rules and regulations the Indian economy will still be in tatters down the line.

Any government that is going to be in power needs to look at the bottom-line of the economy, proper education and providence of food and shelter to the needy, better building up of its workforce, all-round development, and a boost to the roots of the economy.
The economy is struggling because of the deficit and it is being protected due to the reason that whatever income or surplus (if at all any) is being generated by the country goes into filling up the deficit that has been created over the past 60+ years.  The situation now is that however much we are creating or producing is just not enough to fill that gap and the negativity or bad side effect is that we’re still creating more deficit year over year which still makes the deficit higher.

The government or we as the people have to look at ways to get things going in a way that the Japanese, Korean, and Chinese people have done.  If you remember correctly, after the Hiroshima bombing Japan was devastated, but with hard work and determination they were able to turn themselves around and are now the world leaders in manufacturing of various products.  The sheer volume of which they are able to maintain quality of their products at a lower rate and still beat out competitors is truly amazing.

Our country (India) needs an all-round look into how we do things on all aspects.  There are many areas where we are lacking (if you ask me, I would say in everything).  It is not just the simple things that we look to circumvent.  Our dependence on technology has risen to such a point that we are now not able to live without it.  When we buy things from a foreign country it essentially means that the money we earn is going to that country or it is flowing out of the country to simply put it.


Due to globalization and the three nations (Japanese, Korean, and Chinese) capacity to mass produce on an exceptionally high scale, our local manufacturers and producers are not able to keep up due to hindrances placed by our own elected leaders.

When we do not have inbuilt production or manufacturing, we depend on outside assistance for products.  You have to understand that for manufacturing or production there is the need for raw materials and importing that is somewhat of a good thing.  But our dependence should not be on importing the full finished product, but should be on importing only the raw materials and exporting the finished products.

When you have less income and your expenses are high that is when you get either fiscal deficit or a current account deficit and this leads to our economy going down irrespective of whatever steps we take to bring it back up.
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[AVOID] HOW-To Avoid Credit Card Scams & Scammers


New Credit Card Scam!

The following was taken from a post on Facebook and edited for better understanding.

This information is worth reading. By understanding how VISA & MasterCard Telephone Credit Card Scam works, you'll be better prepared to protect yourself.

One of our employees was called on Wednesday from "VISA", and I was called on Thursday from "MasterCard". Note, the callers do not ask for your card number; they already have it.

The scam works like this:

The person calling says, "This is (name), and I'm calling from the Security and Fraud Department at VISA. My Badge number is 12460. Your card has been flagged for an unusual purchase pattern, and I'm calling to verify. This would be on your VISA card that was issued by (name of bank). Did you purchase an Anti-Telemarketing Device for £249.99 from a Marketing company based in (name of any town or city)?"

When you say "No" the caller continues with, "Then we will be issuing a credit to your account. This is a company we have been watching and the charges range from £150 to £249, just under the £250 purchase pattern that flags most cards. Before your next statement, the credit will be sent to (gives you your address), is that correct?"

You say "yes". The caller continues - "I will be starting a Fraud investigation. If you have any questions, you should call the 0800 number listed on the back of your card and ask for Security. You will need to refer to this Control Number. The caller then gives you a 6 digit number. "Do you need me to read it again?"

Here's the IMPORTANT part on how the scam works. The caller then says, "I need to verify you are in possession of your card". He'll ask you to "turn your card over and look for some numbers". There are 7 numbers; the first 4 are part of your card number, the next 3 are the security Numbers that verify you are the possessor of the card. These are the numbers you sometimes use to make Internet purchases to prove you have the card. The caller will ask you to read the 3 numbers to him.

After you tell the caller the 3 numbers, he'll say, "That is correct, I just needed to verify that the card has not been lost or stolen, and that you still have your card. Do you have any other questions?" After you say No, the caller then thanks you and states, "Don't hesitate to call back; if you do", and hangs up. You actually say very little, and they never ask for or tell you the Card number. But after we were called on Wednesday, we called back within 20 minutes to ask a question. Are we glad we did! The REAL VISA Security Department told us it was a scam and in the last 15 minutes a new purchase of £249.99 was charged to our card.

Long story made short - we made a real fraud report and closed the VISA account. VISA is reissuing us a new number. What the scammers want is the 3-digit PIN number on the back of the card. Don't give it to them. Instead, tell them you'll call VISA or Master card directly for verification of their conversation. The real VISA told us that they will never ask for anything on the card as they already know the information since they issued the card! If you give the scammers your 3 Digit PIN you think you're receiving a credit. However, by the time you get your statement you'll see charges for purchases you didn't make, and by then it's almost to late and/or more difficult to actually file a fraud report.

What makes this more remarkable is that on Thursday, I got a call from a "Jason Richardson of MasterCard" with a word-for-word repeat of the VISA scam. This time I didn't let him finish. I hung up! We filed a police report, as instructed by VISA. The police said they are taking several of these reports daily! They also urged us to tell everybody we know that this scam is happening.


Please pass this on to all your family and friends. By informing each other, we protect each other.
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1. Though you may not publicly own to this, at the age of 12-17 years, you were very proud of your first "Bell bottom" or your first first Apache jeans.

2. Phantom & Mandrake were your only true heroes. The brainy ones read "Competition Success Review".

3. Your "Camlin" geometry box & Natraj/Flora pencil was your prized possession.

4. The only "Holidays" you took were to go to your grandparents' or your cousins' houses.

5. Ice-cream meant only - either an orange stick, a vanilla stick – or a Choco Bar if you were better off than most.

6. You gave your neighbour’s phone number to others with a ‘c/o’ written against it because you had booked yours only 7 years ago and were still waiting for your number to come.

7. Your first family car (and the only one) was a Fiat or an Ambassador. This often had to be pushed by the entire family to get going.

8. The glass windows in the back seats used to get stuck at the two-thirds down level and used to irk the shit out of you! The window went down only if your puny arm could manage the tacky rotary handle to pull it down. Locking the door was easy. You just whacked the other tacky, non-rotary handle downwards.

9. Your mom had stitched the weirdest lace curtains for all the windows of the car. They were tied in the middle and if your dad was the comfort-oriented kinds, you had a magnificent small fan upfront.

10. Your parents were proud owners of HMT watches. You "earned" yours after SSC exams.

11. You have been to "Jumbo Circus"; have held your breath while the pretty young thing in the glittery skirt did acrobatics, quite enjoyed the elephants hitting football, the motorcyclist vrooming in the "Maut ka Gola" and it was politically okay to laugh your guts out at dwarfs hitting each others bottoms!

12. You have at least once heard "Hawa Mahal" on the radio.

13. If you had a TV, it was normal to expect the neighborhood to gather around to watch the Chitrahaar or the Sunday movie. If you didn't have a TV, you just went to a house that did. It mattered little if you knew the owners or not.

14. Sometimes the owners of these TVs got very creative and got a bi or even a tri-colored anti-glare screen which they attached with two side clips onto their Weston TVs. That confused the hell out of you!

15. Black & White TVs weren't so bad after all because cricket was played in whites.

16. You thought your Dad rocked because you got your own (the family's; not your own own!) color TV when the Asian Games started. Everyone else got the same idea as well and ever since, no one came over to your house and you didn't go to anyone else's.

17. You dreaded the death of any political leader because of the mourning they would announce on the TV. After all how much "Shashtriya Sangeet" can a kid take? Salma Sultana also didn't smile during the mourning.

18. You knew that "Indira Gandhi" was somebody really powerful and terribly important. And that's all you needed to know.

19. The only "Gadgets" in the house were the TV, the Fridge and possibly a mixer.

20. All the gadgets had to be duly covered with a crochet covers and sometimes even with ingenious, custom-fit plastic covers.

21. Movies meant Rajesh Khanna or Amitabh Bachchan. Before the start of the movie you always had to watch the obligatory "Newsreel".

22. You thought you were so rocking, because you knew almost all the songs of Abba and Boney M.

23. Your hormones went crazy when you heard "Disco Deewane" by Naziya Hassan & Zoheb Hassan.

24. School teachers, your parents and even your neighbors could whack you and it was all okay.

25. Photograph taking was a big thing. You were lucky if your family owned a camera. A reel of 36 exposures was valuable, hence it justified the half hour preparation & "setting" & the "posing" for each picture. Therefore, you have at least one family picture where everyone is holding their breath and standing at attention!

You were really happy then...... peace of mind, no pressure no stress.
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