He isn’t what we expect

I read a blog yesterday which emphasized on the people management and it all revolved around handling people who are little aggressive enough in their approach. I was just thinking why people behave in such a way.

I have also come across such people in few of my conference/meetings where they try to prove their point strongly. But I look for 2 major things in that.

a) Whether the person who argues has complete information about the concept/idea/matter of discussion.

b) is he just being autocratic in his approach just to prove he is right.


Either People are not being receptive to other’s point of view or

They have failed to learn the art of collaborating and the finishing the work

If each person develops these above 2 qualities (being receptive and collaborating) it could make a difference

People aren’t mind readers and sometimes it’s unfair to expect them to think the way we think. But we can always give them an opportunity to share their point of view

Let’s understand the fact that in process and while arriving at solutions need built-in means of communication with each other

Well I must say we need to listen till they finish saying whatever they want and then we can state our opinion

Avoid sarcasm as much as possible

1 thing I have noticed is people trying to change the way they react, behave or communicate. And its mere waste of energy in doing so.

Last but not the least I would say we are not designed to meet the expectations of all the people in the world.

Create a win-win situation where both people can be happy and fulfilled. A little compromise may be needed.

I often use these words like “I prefer..”  , “I believe”, “I need” and these words are very compelling.



Blame it on me..

I heard this slogan somewhere “life or mind is terrible master and a wonderful slave” either you should have a control over it or you will be made to dance to the tunes of life.
How often we see, people always complain, blame their managers for appraisal ratings
Blame wife/husband for unhappy home lives, blame boyfriend/girlfriend for all the heartbreaks
Blame strangers for some odd reasons, shopkeepers for not giving the change, police for catching you driving without license. But that’s a sad way to live. Who is the victim here??
We expect our partner/boss/strangers to change the way they live speak and react for your life to change. Observe that your life or mind for that matter is controlled by these people.
You’re becoming powerless. Who do you think should be held accountable for whatever happens in life?
Dint clear interviews?? people always Blame it on HR
Flunked exams?? people always Blame it on valuator
Breakups in relationship? people always Blame it on partner.
Well actually the better person to talk about problems in in your relationships is the person whom you’re in relation with.
Let’s analyze a little more and check if anything could have been done from our end which could have turned the things around and life would be still better?
And of course there will be situations where your partner has done something wrong
Well I believe life’s greatest difficulties are actually life’s biggest blessings,
As they make you stronger enough to face situations like this

While writing this post I remember the song sung by Akon “Blame it on Me”
Well to conclude.. lets understand that when you play blame games you’re really saying that they’ve shaped your destiny and are the cause of your current conditions.

Reporting Banking Ombudsmen

Imagine a scenario where you do transaction with bank. The transaction is incomplete or unsuccessful.
But the amount is been debited from your account. You approach bank and they say they will credit it within certain time.
You wait and wait but that doesn’t happen. Officials don’t respond properly and they procrastinate the things. What do you do??
I have experienced a similar trouble closing one of the Demat account.
it took 6 whole months for them to do it while expected timeline was 7 days.
And what I did was file a complaint against them to Ombudsmen.
And matter was solved within next 15 days.
The different scenarios which I have heard are:• Loss of cheque from Cheque drop box
• Closing your account without providing any prior information or reason

• Delay in the services
• rejecting the loan without proper justification or reason
• misbehaving with customers.
This can be done by filing a complaint online.

Follow the link http://www.rbi.org.in/scripts/bankingombudsman.aspx

Enter details and you can upload any supporting documents
Altogether a good initiative atleast I can say.
I have 1 last thing to tell . I have heard people complaining about recovering loans from guarantor .
Bank has the full right to recover loan from guarantor when intended person is unable to pay and you can’t file a complaint against this.
Some people I know had to wait for a longer time even from ombudsmen but still they have been benefitted finally.
Well filing of complaint doesn’t cost anything. It will take minimal effort and time
So why not make use of it. But people have to have a little patience.

Faster Tansfer

2 days back I was asked by a friend to transfer a little amount to his account for an emergency Problem he faced.
I was in a conference and his account no was also not added as a beneficiary .
However I could have added his account no. but it would take 16 hrs approx. for NEFT TRANSFER.
I couldn’t go out also to make CARD TO CARD transaction and I was helpless.
Hope he hasn’t misunderstood me. But then I was looking for faster money transfer option and I found an alternative option recently.(may be others also know that)
Its called Inter bank Mobile Payment service.
You can transfer the funds thru
A) SMS b)Mobile App
B) Mobile App
You need to have is UNIQUE ID called MMID for both the both parties
MMID can be obtained from ATM BY selecting IMPS option ->mobile Registration and providing ur mobile number.
You don’t need to add beneficiary .
If you are using Mobile App u have to choose transfer funder option->
Enter the MMID and mobile no. of the payee.
Enter the amount and MPIN and submit.
Money will be transferred instantaneously. Within a minute.
Well. If you are using SMS based service u don’t even need GPRS. Moreover these services do not take account no. as input.
Bank details which make use of this service are listed in this link
People who have already used it can provide more info on this.
It definitely will make transfer of fund faster and no rocket science is required here.

why save at all


a balance between securing future and having FUN

After I started blogging about personal finance many people asked me questions like :

why do you write about managing personal finance

why do you think we should start saving early

why do emphasize more on investments.

Why don’t u enjoy life rather than breaking your head on personal finance.

Here is what I feel .

Financial requirements

Expenses : gone are those days when a person with ambassador/chetak,LML VESPA was considered being rich enough,when idli was around 6 rs perplate cold drinks were 5 rs per bottle.The cola market is worth about Rs 10,000crore . may be now its pretty more than that.

People now seek to visit Shopping malls, going  to multiplex cinema halls, have credit cards, branded stuff, fast food, and more of new gadgets.

Kids and their education:

It starts with sending them to best play homes to providing them education in the best college till they finish their education these days are so expensive.

Apart from regular school/college expense children are also interested in many co-curricular activities. And to nurture their talents and enhance their skills many parents wish to provide them best training. And that’s also an add on to the expenses

People tend to take loans in many such situations to ease their burden of growing expenses. And sometimes with high interest rates


People also have their expenses to be considered for their marriage initially and in the future their child’s marriage as well

Gold investments can be helpful. Not  necessarily be invested in physical gold.


Please dream of travelling around the country /world

Asset building

People dream of buying home. Earlier people used to buy houses in their retirement money. Now thought process has change. People buy houses in their early stage of life so that they can use that house for their regular income or for themselves to stay after their retirement


People always dream of having peaceful life of retirement, playing with their grand children , spending time talking about politics and other social issues with other senior citizens and then go for an evening walk.

But ever thought of expenses if there is no regular income unlike pensions. And also at the growing 7% of inflation now . think about the rate of inflation 30 yrs later . it may be 10% or more

What people do:

People take endowment policy for 15-20 yrs in early life. It provides life cover, yes  but what about the rate of interest?? Does it cross 6% per annum? I’m not sure but people who have taken endowment policy can guide me.

I somewhere read this an insurance company is under no obligation to reveal where your money is being invested or what portion of your money is being invested

People neglect equities because of its volatile nature. But it is a good option for long term.

People neglect term insurance cover.

People fail to save/invest/buy basically Pure Term Insurance + PPF+Mutual Funds

What people SHOULD do

Start savings/investmenst early:

Avoid unnecessary expenses

Build contingency fund for a rainy day

Grow assets and make it generate regular income in the future

Get adequately insured

Increase ur financial literacy and change the way your earn, spend, save, invest

People can provide more information to the fact why we should save at all