CULTIVATE SAVING HABIT

Savings is a good habit and one should cultivate the same on a regular basis.  Small drops of water makes an ocean is true.  And if you save something for the day then you can very well bank on that during hard times when expenses go above your neck. You are in a good job, earn a fat salary and have a bright future. Yet, none of this is evident when you look at your savings. This is because young people often find it difficult to save in the initial years of their careers. Studies reveal that discretionary spending can be as high as 18-20% of the income for young people. A 2011 study by Assocham revealed that almost 35% of the urban youth spend up to Rs 5,000 a month on clothing alone. This is one of the reasons most young people have such low savings. Experts recommend some extreme measures for serious shopping addicts. Some say you should just note down the card details and then cut the card into pieces so that you can't use it anymore. Others suggest you keep the card in a paper sleeve and stick pictures of your kids or spouse on it. You will be reminded of the other goals you may be jeopardising when you swipe the card for an unnecessary purchase. Having worked in a bank as a Senior Manager and served for 38 years I learned the art of savings and during my retired life I feel the security in life as I am not hard pressed for money.  One should save first before spending exorbitantly thus losing a chance of saving for the future.  Wait and watch approach serves as a best tool as we need to act patiently at the time of crisis and perseverance pay pivotal role in preserving the earnings for your old days.  The usage of plastic money more put you in tight situation when the 45 days stipulated time gets over. You need to provide balance or if you pay part of the due, then for the balance amount you need to pay penal interest and some times face the wrath of Bank's appointed agents when the amount falls overdue.  It is better to be on safer side and for that cultivate Saving habit and save your skin and lead a peaceful life for ever.

Feast of football in the final

Germany's captain Philipp Lahm was the proud man as he lifted the World Cup trophy with a 1-0 win against Argentina in the final soccer match between Germany and Argentina in Rio de Janeiro, Brazil. There were lots of twist and turns but better side won in the end. Early exit of Tournament favourite Brazil gave an opening to the other sides in the Championship to come to the last two stage.  Germany, while leaving something in reserve, came close to making the breakthrough just before the break when Höwedes charged through a congested penalty area and headed Thomas Müller’s corner against the post. Götze had taken down Schürrle’s cross on his chest with his first touch. His second was to arrow a left-foot volley into the net and that ensured Germany will always remember Rio de Janeiro with the same fondness as Bern in 1954, Munich in 1974 and Rome in 1990. Germany played great football and they deserved to win the coveted trophy. It was indeed feast of football in the final.