In Memoriam…

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Am going to soon move to another city and shift into another apartment. Have been busy sorting things out and cleaning up in that context.

It’s simply amazing how much clutter we accumulate over time, and how difficult it is to declutter. Was reading some online tips and one great idea was to “digitize to minimize” – especially for those items that you have an emotional attachment to. Am trying it out and this post is part of that digitizing process. Hope I succeed…..

Have owned this doggie for almost two decades now. Bought it in Dilli Haat (New Delhi) long ago, and he has travelled with me to Singapore, US, back to India and all over India. Finally mustered enough resolve to donate him to my maid’s kids.

Here’s a great verse by Lord Tennyson from the poem “In Memoriam” that he wrote after his friend’s death. People mistakenly quote this verse in romantic break-up situations, but it was actually written after the death of a close friend:

I hold it true, whate’er befall;
I feel it, when I sorrow most;
‘Tis better to have loved and lost
Than never to have loved at all.

 

It’s good to be a Spendthrift!

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In general, we end up discovering that most things in life that feel good (eating sweets, drinking alcohol, staying up late etc. ) are bad for you 😦 😦 However, I’ve finally discovered something that feels good, is good for you, and for the economy – spending!! A man who spends contributes more to society compared to the man who mostly saves! It might sound counter-intuitive, but its true. Below are excerpts from the essay “In praise of idleness” by philosopher and Nobel Laureate Bertrand Russell that explain the concept.

“…..As long as a man spends his income, he puts just as much bread into people’s mouths in spending as he takes out of other people’s mouths in earning. The real villain, from this point of view, is the man who saves. If he merely puts his savings in a stocking, it is obvious that they do not give employment………..If he spent his money, say, in giving parties for his friends, they (we may hope) would get pleasure, and so would all those upon whom he spent money, such as the butcher, the baker, and the bootlegger……..”

If you still have doubts, check out “The paradox of thrift” in google. The paradox states that if everyone tries to save more money, then aggregate demand will fall and, in turn, lower total savings in the population because of the decrease in consumption and economic growth.

So friends, go ahead and take that extra vacation, buy that designer dress or the latest gadget. Make “security” and not “wealth” your goal. There are very few things in life that feel good and are good, spending is one of them 🙂 😉

References:

https://en.wikipedia.org/wiki/Paradox_of_thrift

https://en.wikipedia.org/wiki/Bertrand_Russell