WE LEARN FROM OTHER'S EXPERIENCES.

Hi friends,

Life is the process of learning. We learn something every day, every minute. We also learn from other's experiences. I have a lot of experiences in my life. I write about my experiences not to show off but to share with others so that they learn something.

Most of the people who work in an organization think that they are indispensable and that the establishment would suffer if they leave it. You are totally under the wrong impression. The company will survive even without you and it will hire a younger person with more talent at less pay.

That is why senior people are offered voluntary retirement. They are replaced by youngsters who will work with more energy and enthusiasm for lesser pay. For professional degree holders, it may be possible to get another job. For others, it will be difficult to get a job on equal footing.

If lucky, you may get a job with less salary and it will be difficult to manage the family. Life will become miserable. I committed this blunder of leaving the job in 1992 when I was 47 with two kids aged16 and 12. Since then, for 25 years, I suffered like hell. I was doing odd jobs. By 2000, I exhausted all my savings. I became bankrupt. I nearly went to the extent of suiciding.

My children came to my rescue. They were wonderful. They started earning from 2000. They supported us to their maximum. We decided to live within their money and also save it. we wanted to spend only the interest part of it. It was like having the pudding and also eat it. In management, it is said, when you want to improve the profit, either you increase the sales or reduce the expenses.

Fortunately, I had a house to stay in and avoid rent. My wife contributed a lot to save. She understood the situation and spent economically. We spent only on necessities, ignored the comforts, and forgot the luxuries. It was a Herculean task. We resurrected like a phoenix. With God's grace, we could achieve it.

I wrote accounts daily and prepared a summary at the end of the month and year. It helped to plan. In 15 years, by 2015, we saved what our children had given us and also lived our life. My family is like a car, my daughter is the engine, my son is petrol and we are the drivers. The tendency to save became a habit.

Even after coming out of the woods, we are continuing to live economically to save for the children. We now get more than what we need. We have told our children not to send any money. I will be glad if this article is of any use to you. GOD BLESS YOU.

Year         Food         Nonfood             Capital             Total

                                                        [Excl.house] 

  2001          2500             --                   1500              4000

      02         3000              --                  5340              8340 [surya MCA fees]

      03         3750              --                  1660               5410         -do-

      04         2845           2126                1529               6500

      05         2401           1889                1343               5633

      06         2309          1515                   813               4637   

      07         2687          1687                 1440               5814

​      08         2454​          2203                1809               6466

​      09         2495          1865                1059                5419​
​      10          2266          1235                1302               4803​

​      11           2390          1358                2022              5770​

​      12          2838          1152                 2219               6209​

​      13          3580            822                1781               6183​

​      14          4300           1858                1026              7184​

​      15          4340           1874                1960              8174​

Total         44155           19584              26803           90542

Average      3680            1632                2234              7546