Chaitanya's BlogWorld

Friday, April 28, 2006

wanna win a person??

very simple,know what are the things he is really a die-heart fan of,shoot him with meaningful challenges abt these issues ,and finally just surrender to him once the issue gets heated up.Now take care that he shud not realise that ur intentionally surrendered!!
Thats all , next time , just go in his way and put ur idea infront,this time am sure u will get him out of rigidity.

Wednesday, April 26, 2006

Living Below Your Means

Living Below Your Means, Part One
Knowledge gives you power over money
by Stefani Leto
he average American family walks around lugging $7,000 in annual consumer debt, according to CardTrak. That’s a little more than $583 per month in extra money spent, if you want to see it in stark terms. Clearly, most people are living beyond their means.
As a solution, pundits and the popular media suggest living within your means. Heck, it’s even suggested that our government adopt this money style. Seems simple enough: you don’t spend more money than your household takes in. That’s it. It ought to be doable, and it is. But it doesn’t go far enough.

You can go on forever living within your means and never gain the security and peace that comes from living below your means.

If you live within your means, you won’t add to the mountain of consumer debt faced by most families. Your family will have enough money to pay for life’s expenses. This is a good thing, mark my words. But it’s not enough. You can go on forever living within your means and never gain the security and peace that comes from a more radical step: living below your means.
Spending less than you receive in income is the key. Easy to say, but hard to do? Maybe. I know everyone isn’t an accountant. But if you’re committed to a worry-free financial life, you’ve got to think like one for a few months. Trust me. It’s not easy, and it’s generally not much fun, unless details are your thing. If you want to end up with a surplus, it’s a step that can’t be skipped.
Knowledge is power, so they say, and the way to gain knowledge about your family and money is to write down every penny spent by any family member for three months. That’s all. No fancy budget formulas, no guilt. Just write it down. This step is difficult simply because of its tedium and because it’s not the way it’s always been done. Difficulty levels can increase with more family members spending money. A first entry in the spending log might be tiny spiral-bound notebooks and pens for each spender.
The proper tools can help, but without agreement among the responsible members of the family, notebooks won’t get you very far. In each couple, there’s usually one who spearheads each change. Maybe you are the one who wants more financial stability, maybe it’s your partner. A minimum of agreement has to exist before living below your means is a possibility.
Some of us need to be shown results before signing on to a program. If you’re the one pushing for this change (and it is a big one), take it easy on your partner. Perhaps agreeing that you won’t require to-the-penny accounting if your partner tells you the total amount they’ve spent will be enough to start with. Face it—there’s going to be some spending that won’t get recorded. You’re hoping for a pretty-good compliance rate, not perfection.

So now, it’s three months later, and you’ve done a pretty good job writing down your spending. What you have is a mound of raw data. Next comes a much more fun step. On a piece of paper or your computer financial program (many people like Quicken), roughly list budget categories. In my family, they are divided into income and outgo. Income is any money we receive, whether regular salary or unusual earnings. Outgo gets divided by use. Utility companies, groceries, animal-related costs, clothing for each family member, books, eating out, auto insurance and gas, each of th vjese gets their own line. Your family’s budget categories will reflect how you spend money.

Knowledge is power, and detail will make your money picture clearer.

One important bit—don’t neglect any budget item now, no matter how small. For instance, you may want to lump cleaning and personal hygiene products under groceries because you get them at the same store. Fine, except remember that they’re there. Knowledge is power, and detail will make your money picture clearer.
Run totals. Ideally, your outgo won’t exceed your income. In reality, sometimes that’s not the case. No matter what your totals look like, you’ve got a road map to your money future. If you’re in the red, do you notice any obvious hot spots? We found that our “miscellaneous” category was using up about $200 a month more than we’d planned. Without record keeping, we didn’t know where it was going. Maybe there’s something evident on first look, maybe not.
Assuming that increasing your income isn’t a real possibility, what do you do to lower your expenses so you aren’t spending the limit? I’ll cover some ways to do that in the next part of this article. But one last bit of good news: you don’t have to spend a lot less than your income to be making progress. Creating any overage at all is an accomplishment to savor.

Living Below Your Means, Part Two:The envelope, please
Living Below Your Means, Part Three: Hatching that nest egg
Lynn’s related links:
Your Money or Your Life: A classic book on voluntary simplicity that will change your relationship to money forever.
New Road Map Foundation: Website of the foundation set up by the authors of “Your Money Or Your Life”.
How to Get Out of Debt, Stay Out of Debt and Live Prosperously: Based on the 12 Steps of Debtors Anonymous, this is hope in a book for anyone with money troubles, or anyone who’s tired of living the acquisitive life.
The Complete Tightwad Gazette: All three volumes in the “Tightwad Gazette” series newly gathered into one big book. Not content with just giving great tips on saving money, author Amy Dacyczyn also gives you lots of reasons why you want to save money.
Positive Futures Network: Publishers of the magazine Yes! (formerly In Context), these folks are dedicated in part to voluntary simplicity.

Thursday, April 20, 2006

made up my mind .....

day before yday,when i returned from home...
Basn gave me a nice lecture in the morning about all my negative doings ,
fortunately he got a nice fault of mine, that i have taken
a CD for rent before going to home and till that day hav'nt
returned back.And in the evening when i returned room , i saw him
watching another movie and when i enquired him abt the old CD , he
said its u who hav to face it and so i brought a new one leaving the
old for you to return it back.At that spur of moment,suddenly my BP
raised in a way i havn't seen it for long past.I really forget to hate,
i couldn't hate him,but my inner self made me to react with an extreme
anger.I hav managed to react and seriously returned the CD.By then
i hav controlled my Self and was normal but something was itching me
inside.I couldn't stop , but to rethink abt the situation.And till now
am thinking of the same,and really i could say you ,i changed a lot the
time i started rethinking of the whole situation.My positive change infact.
Questioning who's right and who's wrong made me to realise that i was
doing lot of blunders with a philosopical reasoning in hand.
It made me to keep my household things perfert and keep myself keen in
even minor things.
Am still in analysis phase and will hav to change a lot........
The other incident that took place recently was related to my office work.
I was struggling to fix a bug which was scraching me very often.This time
it again reopened n not bcoz of any reason except my neglegence.I was ashamed
of it to say to my boss abt the fact.Now proactively i accepted my failure to
Self and taught of facing it with a positive sight.Now interestingly the cause
for the reopen was not the real cause and even if i fixed it ,it would hav again reopened.A small advice from my boss "please look at each and every item , mark it
if needed , then only finalise it" gave me a wonderful leason , the interesting
thing is a bigger problem was hidden in it and that i was escaping from it ,keeping
eye only on the problem which was infront of me.
Look for the worst situation when u expect bad.
And out of box thinking is a necessary tool for existence.
And there will be many ways to solve a problem, sometimes combination of ways make a fix and one way in the combination is which u never think is a way(the simplest way,
a small kid does,can give u a solution to the biggest problem)

lesson ends......
take a break n wait for my next blog until then ...
keep smiling... :))