Beyond Narrative | Blog Where Every Single Word Matters

How Can A Person Be Relaxed And Calm His Life Through Attribute Of Water?

2020-11-08T12:55:00.000+05:00

Image by Somchai Chitprathak from Pixabay

Today we will talk about how a person can be relaxed and calm his life. Just think why the current generation is more dissatisfied with his life than the past. In fact, we are losing an important attribute of nature. We are going to give you an example to summarize this.

Water is an invaluable blessing of nature. The characteristic of water is that whether it is poured on a smooth surface or on an uneven surface. If there is no wind or any other external factors like it, its upper layer will always remain smooth. Now it is important for us to know what is the reason that did not allow water to become uneven even on an uneven surface. Because the water is in a liquid state, it easily inserts even in the smallest part of the surface and does not allow the upper layer of water to deteriorate. On the contrary, if the same water is converted into solid form, that water loses its attribute.

This makes us understand a subtle point that even if human beings adopt the attribute of water in their life, they can also walk on the uneven paths of life without harming their personality. A man should also remove the hardness of his heart. This slight change will calm him down.

From the above example, we learned how we can make our life happier by adopting the quality of water.

Tasteless Necessity:

Did you know that water basically has no taste but still it is an important need of every living thing in the world?

Now the point to note here is that taste is considered a characteristic of an object but water does not have this characteristic but still, water is an important need of life. Here it is clear that making oneself necessary for one's life is also a characteristic. We also need to make ourselves a necessity in people's lives and this is possible only when we come to the service of the people.

Believe me, when you do something good in someone's life, you will feel such effectiveness and freshness from within ourselves that you cannot buy it with all the wealth of the world.

Colorless Happiness:

There is no color in the water, but surprisingly, it is also an important interpreter of the beautiful landscapes and colors of the world.

This attribute of water teaches us that is not necessary to show yourself in the public to make one's life pleasant or to do good and virtuous deeds, to get a four-fold increase in one's dignity and glory, or to service someones.

Conclusion:

Strict temperament, not being able to help anyone, and pretending takes away peace from a person's life. If human beings also adopt the attributes of water in their life. then they can be relaxed and calm down their lives.

An Invaluable Way To Stay Calm And Happy

2020-10-15T00:30:00.006+05:00

Photo by Ben White on Unsplash

Today we will mention an attribute that will make human life pleasant. We are talking about "Compassion".

Compassion means dealing with a person with kindness and forgiveness. Man has been called a social animal, but there are some ways and means by which man deserves to be called the Noblest Of Creatures.

Compassion is a welcome and influential emotion in human beings. History has shown that many people in the world have set an example of compassion. Nations that do not show mercy are not shown mercy. God has many laws, one of which is the Law Of Mercy. If this spirit is forgotten, many nations before us have been destroyed by the same flaw.

The compassionate man is also seen in the world with love, devotion, and respect and there is a great virtue of compassion in the eyes of the Almighty.

The practical manifestation of love for God is compassion. Compassion is one of the attributes of the Lord of the Kaaba that man will acquire this attribute as if he has acquired and adopted a Secret Of God, then surely God will like him.

Benefits Of Compassion:

If a person is merciful and he forgives the injustice done to him with compassion and does not want to take revenge, then such a person will Always Be Calm And Happy. He will not burn in the fire of revenge.

A compassionate person can sleep peacefully. On the other hand, a non-compassion person being restless by oppressing someone, and when his deeds turn back to him, it destroys his life.

Compassion creates peace and order in society. Compassion brings happiness in this world and will lead to salvation in the Hereafter.

The benefits of the qualities of compassion, forgiveness, and tolerance are that hatred and filthiness in the heart are eliminated, Dry temperament is controlled and as a result, the enemy is transformed into an Ideal Relationship Of Friendship.

Way To Stay Calm And Happy:

Have we ever wondered why we are not happy despite having all the comforts in the world?

In fact, we spent our whole lives just collecting money. We spend half of our lives accumulating wealth and the rest fighting the tribulations of that wealth. So obviously we have no time to think about anything else.

We need to understand that the essence of life is contentment and peace of mind. and accumulating wealth takes away peace, it is not found.

In order to live a calm life, it is necessary to Soften Your Heart. If something goes wrong with your subordinates or employees, forgive them.

Compassion is in human nature but we have buried it somewhere. We get upset when we see an animal in trouble, but unfortunately, we do not even consider the difficulties of our own subordinates. If you make calm someone's life. your life will also be calm and happy.

Make Life Easy For Others.

Destiny Will Definitely Ease Your Life.

Satisfaction In Life Is A Real Success

2020-10-08T00:27:00.002+05:00

Photo by Darshan Gavali on Unsplash

Allah Almighty makes someone poor and someone rich but wealth is not everything. If you want to be Calm Or Happy In Your Life, you must be first Satisfied With Your Life. Now the question is what is satisfaction? The answer is that Whether you have more or fewer resources, you should not only be patient but also thankful. Satisfaction with this is called contentment.

If God Gives A Person The Least Amount Of Money To Live But In Peace, Then That Person Should Consider Himself Lucky.

Just imagine a rich man can easily purchase all luxury items in his life but there is any way to purchase peace and tranquility? (Obviously NO). Unfortunately, human nature is full of greed and covetousness. No matter how much wealth he gets, his greed does not end. The wise man is not afraid of profit and loss and he considers the lack or excess of wealth as destiny.

Explanation Through Examples:

If you want to Fill The Sea In A Jug because of greed so only one day's share will come in this jug. Therefore, the result of greed is nothing but mental confusion and a lack of peace of mind.
We should learn a Lesson From Oyster that she closes her mouth with just a drop of rain. The result of Oyster's contentment is that the Almighty makes this one drop of water into a precious pearl. If he is not satisfied with a drop, water will start coming out of his mouth and he will also lose the pearl. The best lesson of contentment can be learned from oysters.

Human Attributes:

Contentment is one of the highest human attributes. The contented person subjugates his desires to his needs and circumstances. Instead of running for more, Takes Refuge In The Footsteps Of Patience. He likes to compete with himself instead of competing with people. Of course, a convincing person is very admirable. Man's existence is a deep sea of desires. This ocean is so big that the vastness of the earth and sky is nothing in front of it. If this attribute is found in a person, then he is rich in the peace of mind and contentment of soul and he does not have to suffer from any kind of sorrow and grief.

If not a single wish of the unsatisfied person is not fulfilled, he files a pile of complaints. The persuader works patiently instead of wanting more. Contentment Is A Symbol Of Man's High Determination, high thinking, greatness, piety, and patience. While the person who follows the desires becomes a victim of selfishness, greed, and miserliness.

It is quite possible for a person to have just enough money to live on and be very Satisfied And Comfortable, while another person may have a bungalow, a car, a bank balance, and a lot of money. Yes, but in spite of this he did not get peace of mind and there are many such people around us. When the desire to accumulate as much wealth as possible arises in a person and due to greed he remains in the thought that If he gets wealth from all over the world, then surely such a person can never live in satisfaction. Such people, despite all the comforts available, are deprived of even good sleep and they have to take sleeping pills.

On the other hand, a person who satisfied with his life and not be in greed to get more wealth. Such a person is Rich In Heart and comfortable in heart, he does not have any worries and sorrows, then he also worships the Lord with complete oneness and tranquility and manages his home and family in a better way. Sleeping pills do not have to be taken. When the Quality Of Contentment Develops in a person, he does not even look at the wealth of others and thus he avoids many wrongdoings.

Summary:

Generally, people consider a person to be rich who has a lot of wealth, car, bungalow, land, property, servants, but it remains to be seen whether the person stops earning more even after getting enough. Certainly not and never, but as he accumulates wealth, his greed increase. One car after another, one bungalow after another, in the same way, he wants all the wealth of the world to be laid at his feet, but On the other hand, if a person is rich in heart, he will be happy and content even in low wealth and instead of making his wealth a source of luxury for himself and his family, he will also spend it in helping other poor and needy human beings. The wealth of selfless or rich heart is real and it is a measure of one's morality and dignity and one's true status.

The Effects Of Flowers On The Human Psyche To Reduce Depression

2020-10-03T00:52:00.004+05:00

Image by monicore from Pixabay

Who doesn't love Flowers?

Whether it is a child, young or old, Everyone loves flowers. When we seeing colorful flowers, we feel calm and refreshing.

Flowers are a symbol of happiness. The importance of flowers is also measured by the fact that rose petals are sprinkled on happy occasions and a bouquet full of different flowers is presented. If someone is sick, a bouquet of colorful flowers is presented at the time of care. Colorful fragrant flower pots add to the beauty of homes.

Nature has created not only beauty but also fragrance in flowers which makes the heart and mind fragrant. There is no other example of this. The flowers that scatter the springs of color and spread the fragrance are The Real Beauty Of This Universe. The color of flowers has a significant effect on a person's habits, mood, and personality.

Even in this scientific age, much has been discovered on the mystery of flowers and colors, and it has been proven that The love of flowers and colors highlights many aspects of human nature. Flowers are the best means of expression through which we can easily convey our heartfelt feelings and emotions to others. But the condition is that the opponent also understands the silent language of flowers and the transmission of messages through them.

Mental Health:

The fragrance of flowers has a profound effect on the human mind by scenting the environment, effects that cause mental and physical but also a heartfelt pleasure. The pure emotions created by flowers bring spiritual relief and in addition to their color, the sweet fragrance calms the nerves. Flowers have so much power inside them that smelling and touching them has a good effect on the nerves and sometimes just seeing the flowers makes the heart like a garden.

The scent of different flowers significantly reduces mental illnesses, especially stress. The scent of roses enhances a person's ability to function mentally and physically. Its fragrance Enhances Memory and is very effective in preventing Alzheimer's disease. Alzheimer's is a mental illness that causes a person to lose their memory very slowly.

Daily Smelling roses at night have a very beneficial effect on people's mental health. The hippocampus is an important part of the human brain. Smelling perfume at night enhances the function of this important part of the brain and strengthens the human memory.

The scent of roses is also beneficial in bringing better sleep and good sleep is essential for physical and mental health.

Reduce Mental illness:

While scientific evolution has provided innumerable facilities and comforts to human beings, there has also been a dramatic increase in stress and mental illness. The fast pace of life and the desire to achieve more in less time is increasing stress. The number of people around the world who are suffering from some form of mental illness is constantly increasing.

Smelling certain scent activates certain genes associated with mental illness and causes a specific change in blood chemistry that can greatly help reduce mental illness, especially stress. Smelling treatment with these fragrances is called aromatherapy which is becoming popular all over the world.

Deep Life Study and Thought process of Steve Jobs

2020-08-21T22:55:00.002+05:00

In this context, we will try to understand the though process of Steve Jobs through his quotations.

Image from Public Domain Pictures

So his first quote is YOU CAN’T CONNECT THE DOTS LOOKING FORWARD, YOU CAN ONLY CONNECT THEM LOOKING BACKWARD; SO YOU HAVE TO TRUST THAT THE DOTS WILL SOMEHOW CONNECTS IN YOUR FUTURE.

In this great quote, the meaning of dots is that what is happening in our life, sometime it would be some problem in our life or might have to face a big failure in our life or there is any other set-back when this happens, we can’t understand whether it is good for us or bad for us, in fact at that time, we only think that why such a bad thing happen in my life but when we move on to the future and look back to the past and then try to connect dots of our life. I mean, whatever happens in life, whether good or bad, then we will be able to understand the meaning of all of the dots by relative connection.

So you have to trust that the dots will somehow connect in your future, so you must have trust in yourself, faith in yourself, believe in yourself that whatever happening in your life is not meaningless, even not reasonless. That may be never understandable now but if you consider it deeply, so then will be clear in the future. And when we have been understood such connection then we will realize everything that happens in our life has such valuable meanings.

Do You Know? What is the benefit of such type of above thinking? Just think it consciously, Now in the present moment what is happening in our life, maybe we have face such type situation where we normally think that we are stuck by four-way around and there is no way to escape from that problem when we fully have broken from the inner side then at that point of time when we remember such Quote of Steve Jobs or living of such type of thought process in our mind then we feel courage in ourselves. We believe that it’s doesn’t matter what is happening in our life, we know how bad it is, at this moment. Maybe our plan is too good but it’s no doubt, never happens in such a way as we planned. By remembering such a quote we used to get courage, it helps us from losing heart because, in the past moments, it is used to be happening with me.

For example, I thought that I got admission in my favorite college but due to any reason, it couldn’t happen. Sometime later in the future, I realized, what happened was great, it’s only better for me except that it’s against my plan but ultimately it’s great for my future life.

When someone thinks like this, it’s called a positive mindset, and it’s a right direction of the thought process of that person. On the other hand, we can also negatively connecting the dots, for instance, that I’m so unlucky because I had so many failures in my life, it’s too bad for me, for my life but here if you are in the quote, so your minds go to the right direction such as even how much bad moment in my life led my life towards success instantly. It is possible that at this time, the benefits of bad moments never showed-off. But if you maintain courage, be calm and patient then it must good for your inherent future.

Now Just related to Steve Jobs life such as he was admitted in one of the best colleges of the world and he left to study in between and then he attends calligraphy classes, but at that time he didn’t understand that what was the reason behind this but after a long time, when he created the first invention of Macintosh, so under this project, he used special font by getting inspiration from calligraphy classes. And such fonts played a most important role in computers. So think about this, how small things it is, Calligraphy classes, you see, but how big impact of it, not only on Steve Jobs’s Life but all over the world. So It means, when he was attending classes of calligraphy, of course, he didn’t know, what is the benefit of it? And What is the use of it? But when considering the future, it has been all cleared well that what he has done in the past (i.e. Calligraphy), not a waste but behind it, there was a big reason.

Furthermore, another sharing with you, another beautiful quote in a business context that is: INNOVATION DISTINGUISHES BETWEEN A LEADER AND A FOLLOWER;

Do you know? What is that mean?

There are two types of people WHO doing business, in which someone is Market Leader, you can also say it an INNOVATORS, they are always one way forward from anyone, they are doing something new and all other are copying them so that Innovation is a thing or a big difference between a Leader or a Follower, you can choose any field, there must be such two types of persons, ones are doing innovate new things again and again or any hunt any new type of product in the market or ready to render any unique service or find out any new technology and on the contrary what the second type of people do? They will always copy them, so they are only followers.

But it’s an interesting fact to be discussing that in such time when followers are trying to copying innovators product or service then-No doubts, Innovators will be ready to release a new product or service listing again and always become a Market Leaders. And Followers always one step backward from them.

An essential meaning of a Leader is to innovate, just think about it. Do you know? Now, what is the meaning of Innovate? For answering this, I’m sharing with you the most important word that is NEED, I mean Market Need. Firstly Leaders always understand Market Need or Problem and Act on this or solve the problem of this which is a bright opportunity for Market Leaders that leads to Innovation.

So thought process or minds of Markets Leaders are on the Customers, in other words, what is exactly of Customer Wants? What is Customer Needs? How to make More Comfort of Customer Life? How to exceed beyond expectations of Customers? If a customer is already satisfied then find out what is a new way to Delight Customers? Do you understand the last question? Market Leader never stops even customer is satisfied already. But follower may stop here, their thought process is limited to merely customer satisfaction.

Leaders are doing innovate constantly, it’s a quality measure of a Market Leader, they think that what can happen or what will be the future but followers repeat the process or copy of things constantly of what happened actually.

Now in the instance of such BlackSwan Event, where Global Lockdown due to Pandemic of Covid-19, Only Market Leaders can survive themselves but followers will be crying, not able to absorb such sudden changes because they never understand the concept of innovation in their life but only follow others. That’s the big difference between Leaders and Followers, Leaders are not only changing with time but able to change the time.

Another quote to worth discussing is that: BEING THE RICHEST MAN IN THE CEMETERY (i.e. graveyard), DOESN’T MATTER TO BE, GOING TO BED AT NIGHT SAYING WE HAVE DONE SOMETHING WONDERFUL, THAT WHAT’S MATTER TO BE; Now suppose that when we go to any graveyard and see that someone of there is earned $1 million, other person earned $2 million, another earned in life, for example, $1 billion. So, is that any matter at all? All are under the land and become mix with sand, and ultimately all are in the same place. So keep understand this big statement “It doesn’t matter how much have you earned in life”. Such a golden statement said by Steve Jobs, due to this, we understand that he deeply observe life. Most of the person, never feel such things because everyone gives importance to only Money. In reality, people make friendship or love or even talking to someone by looking at Money and Bank Balance. They leave friendship and all of those if there is no financial benefit from someone. Our world is full of this type of majority. But this thought process of Steve Jobs is like a True Wisdom. In the end, nothing would matter under the graveyard.

Except for the above statement, it doesn’t mean that money is nothing in life because as said all of the relationships depend mostly on money like oxygen or water need in your life. So it matters in living but ultimately, it doesn’t matter at the end of life. It’s important to have money but not important from all the way.

So what is important all the way? As said in the second line that going to bed and saying we have done something wonderful today. That’s what matters to be. What a great statement it is!

What we are saying ourselves that today is a nice day, I have done something great, learn something new, and We’re proud of ourselves. At bed, for Positive Psychology, Today I grow not only physically, but also from the inner side. Not was that I had to do that I shouldn’t.

However when we spend every day like this then the sum-up of all such days becomes a Happy Life. Otherwise, where is life NOTHING? It’s relevant to say that drops of water make a river or a LIFE, this is how you realize, how bad or good your life it is!

So if you want to work then create some WONDERFUL, when anyone does any Extraordinary Contribution then success will be a must, money pull to them. Who does something only for money? So he’s limited only to money. He is a mediocre (i.e. of only average quality; not very good.) never become extraordinary.

For example, when a man works for a job and do the work limit to only his remuneration then he live only to a limit and die to a limit. But on the other hand, if he thinks that he isn’t receiving enough money from his job and his employer isn’t perceived or recognize his effort But except all of that, he gives 100% effort into his work, doing something extraordinary, and think like that it’s not for the company but himself. So whenever he leaves the company and join any other company that would recognize his hard work. Because hard work and extraordinary efforts always priorities somewhere and encash his incentives.

While look at the common people in our society, their goal is to have money and work is a process. But considering this quotation, Hence, Goal is Work and Money is a Process, means use the money to create some wonderful.

Being the richest man in the cemetery doesn’t matter to me.

Three out of Six Pillars of Self-Esteem | By Nathaniel Branden

2020-08-21T22:46:00.000+05:00

How much you perform well in your life? How much you capable of making money? How good relationships can you make? Hence in fact every aspect of life, how capable are you to become successful? All of the above statement simply depends on your Self-Esteem, I mean; all depends on your Confidence and beliefs. It is most important that what you think and feel for yourself.
The author of the book of Six Pillars of Self-Esteem emphasis that from the Depression, Under Achievement to big things like Violence or Suicide, all of these directly or indirectly connected with the Self-Esteem of the person, that’s why we must have to consider on this great topic about Self-Esteem.

Three out of Six Pillars of Self-Esteem By Nathaniel Branden

For example, before flying off the plane, when air-hostess give life-saving instruction for safety and security to passengers, then she says that when there would be an emergency, firstly be wear your oxygen mask then you can help others because if there would be something wrong in traveling then we have hardly three seconds only for wearing oxygen marks. It doesn’t matter how strong you are! In other words, even any hero or macho man had better protect their physics or life then he or she capable to help others otherwise not only he or she has no chance to help others but he or she lost own life by the way. And this instruction will also be true whenever there will be a small child in front of you. In this circumstance, wisdom is the same as firstly wear our mask then help others. To understand this statement consciously that without helping ourselves, we cannot help others. Now, this may relate this example to our topic that without feeling good for ourselves and only low confidence then we cannot be achieve something big in our life.

Do You Know? When any person never trusts himself then people in the world feel fear to trust on him. So always maintain your Self-Esteem high. And now I’m sharing with you three best pillars according to me out of the book of Six Pillars of Self-Esteem, authored by Nathaniel Branden, if you want to learn the whole of the concept in detail then Read this Great Book by Clicking this Link.

1-LIVING CONSCIOUSLY:

Do you ever notice? those Normal days of Working or Normal days at Home? come and go very fast, when one Sunday comes, then another Sunday, and then another one. But if you are out of town for two or three days then you could observe that maybe those days are long enough, you may feel that you did a lot of things, go to many places, and did different things at that time.
So what is the reason behind the above scene? Most of our time, we spend Unconsciously instead of Conscious in Normal days. I mean, we usually not in the present moments but staying to think other things in our mind. As simply said, Our time would be passed away without connecting present moments.

Another example of unconscious life is that sometimes we reach the wrong route while driving because we aren’t in the present, kept thinking something else that might be all of the other problems in our life whether happened in the past or would happen in the future.
Another final example is that some people start living like a robot, never live in the present moment, you can simply relate to yourself that when you are at the office may be a thing of the home or when at home, thinking about the office work. If this happens with you then although you spend time with your family but it may be not a quality time. For these reasons, both personal and professional life will be affected.

Due to this common man problem, which is not living consciously (i.e. Eat, Work and Sleep & then again Eat, Work and Sleep) and live life like a robot, most of them may lose confidence and Experience Less Self-Esteem. Other people who live consciously, and do new things anytime, Stay Living in the present moments, are Experience High Level of Self Esteem and they are Self-Confidence. They can easily make good relationships and able to balance life between personal and professional except said that they live their life at full potential. So your first practice in your life should be to LIVE LIFE CONSCIOUSLY AND SPEND TIME IN MOMENTS.

2- SELF ACCEPTANCE:

In this pillar, I am sharing with you my example is, I remember that when I was a teenager, there were so many pimples on my face, such a so bad feeling for me, in the face due to that terrible reason, I didn’t like to talk face to face with everyone. I didn’t want anyone to see my face like that.
I didn’t accept such bad things, even though, all of the people said that It’s normal and after some time it will vanish naturally but I deny such fact, eat different things or used stupid cream on that, and so much. But all things were useless, and then due to denial and never acceptance of this natural problem, my Confidence and Self-Esteem became low. In those circumstances, I became an awkward, introvert, and under-confidence type of person. And I lose many opportunities in my life as well. That’s why I’m sharing my story with you because you will not do such mistakes, and supposed to be accepting yourself as you naturally are! Be assured that the CONFIDENCE of a person is the most attractive thing in this world instead of Height, Weight, and Colors.

Now, it should be essential for you to know-how this important thing that there is 2 types of situation in life 1_YOU CAN CHANGE THINGS BY TAKING ACTION; 2_YOU CANNOT CHANGE THING BY DOING ANYTHING: Except of the above situation, something will be not acceptable anytime

Example of Type 1: If you are over-weight then you can act on it to work-out and solve the problem. In this situation, you shouldn’t say that I don’t care how am I? But instead of this, it is important to take action and change you.

Example of Type 2: But there is a situation, where your height is genetically short, and it isn’t in your control to change yourself then use wisdom and accept it because you can’t do anything about it, Here you should accept the fact and move on. In this situation, make yourself motivated by shouting to the world that there are only two things to make human-being, a big one or small, i.e. THINKING and ACTIONS.

3- SELF ASSERTIVENESS:

In this world, there is a maximum of two types of people, one is a PASSIVE TYPE, and the other is an AGGRESSIVE TYPE. For instance, explaining types of people in a casual way, where one person called A, for a long time staying in a queue for buying a ticket at counter, and another person breaks the queue in front of him then in this situation if the person held in the type of Passive Type then he won’t say anything but only feel angry in himself. But on the contrary, if he will be an Aggressive Type, then he takes some hard action, maybe shouting or abusing that person, and never let him to break the line by anyway.

Another simple example is that Passive types of people, usually never dare to say “No” to anyone, in other contexts, if they are in a hurry or late for some work, nevertheless say no for any work given by others. And If they are served burn food in a restaurant then they never complain about it even hesitate to talk about this. In short, passive people always do things that others want; on the other hand, aggressive people just do what they want!! Aggressive people say “NO” without listening reason of others and if they aren’t served well in a restaurant then they shouted-up to waiter.
So here is the important question arises that whether we should be PASSIVE TYPE OR AGGRESSIVE TYPE, while you shouldn’t be both of these types, because if you are passive, everyone takes advantage of you and not be able to do what you want.

But when you are aggressive than people finding you very rude and never liked by everyone. So, the best type of yours is to be ASSERTIVE.

For example, an assertive type of people is to say “No” in a Polite Way, taking the above case, if someone is in a type of assertive nature and he served to burn food by any restaurant then he instead of eating silently or shouting to a waiter. He will request a waiter for changing the foods like a gentleman, and if he has good communication skills, so then he’ll win the debate and assertively change that order. An assertive person does what he wants, but without being rude. So the question answers that you should be such a type of assertive person for increasing your Self Esteem and Confidence. This leads you to an intelligent person who takes action for his rights.

Think Positive and to Get up to the Success Ladder

2020-08-13T23:35:00.000+05:00

Life is exciting, but many of us are just living it instead of enjoying it. Let's suppose life is a dream project and we can design it like an Architect. It all starts with an idea. The idea is the first step, without it no action is possible. Let's understand it in detail that how to get up to the success ladder.

Image by Gerd Altmann from Pixabay

Did you know that when training is given to baby elephants, they are tied with a chain? The elephant pulls the chain and tries to break free. But soon he realizes that it is useless and he stops trying. As the elephant grows bigger, its chain is shortened and it is finally tied with a thin rope. ۔ But according to the mind of the elephant, it is a very strong chain, it does not think of breaking and running away. Physically he can break it very easily. But mentally he is like a prisoner, the thing that keeps him from escaping is stronger than any rope or chain. It is his idea that does not allow him to run away, as long as this rope is tied to his leg he does not try to run away. In the same way, we human beings have bound ourselves with such chains. We bind ourselves with imaginary and temporary ropes in our minds and engage ourselves in a limited life.

However, we can get rid of these ropes immediately. In fact, our minds are full of negative thoughts, which makes it an obstacle to Living a Free and Fulfilling Life. You may not be aware of these limited ideas, because they are called unconscious ideas. Everything we constantly think about goes into our subconscious and our subconscious starts acting on that thought whether it is (Negative Or Positive). That is why we are the only ones responsible for everything that has happened in our lives so far and most of it is due to our past experiences, circumstances, and events.

Our thoughts begin to take root in our subconscious from childhood. In addition, the environment around us is an integral part of our parents, teachers, religious leaders, and the media. From birth to seven years of age, the child is properly trained. At that time, his mind is rough and what he learns from his Environment Affects His Whole Life. This is when his mind needs programming and the right direction, which he can follow to achieve success in the future life. This childhood programming shapes your outlook on life and determines whether you have happy thoughts about life or sadness and regret. It's all like you think. Like some people feel inferior for no reason at all and the Rich Are Getting Richer And The Poor Are Getting Poorer and it's true that the rich are getting richer. Yes, but why?

Answer:
Because they have positive thinking and they think that they can achieve everything.

Your present life is a mirror of your past thoughts. Wherever you are in life right now is part of your past programming. There is an old saying, "I will believe when I see." But the opposite of this is the fact that "you will see when you believe." The Truth Arises From A Single Thought. As we all know that we cultivate first and then the crop is harvested. If you want to be something in life, you have to be steadfast in the thought that you have the right to be a successful, loving, and happy life.

Whatever you sincerely desire, one day you will get it. But it is important that you focus on what you want to achieve. Never Pay Attention To What You Don't Want. Your success and failure are closely linked to your thoughts and ideas. It is your belief that makes you successful or unsuccessful. This means that if you think about your success and believe that you will achieve it, then as much as the stronger your belief, the sooner you will get results.

Key Points To Become Positive:

It is completely a silly thing when you do the same work multiple times and think that you will get a different result. Obviously, if you failed to achieve whatever you are trying then you must retry in some different way.

Your past thoughts, past decisions, and actions are the reason you are at this point in your life. But we also know that the past, no matter what it may be, cannot be changed. I would say that everything you have today, is everything. Your today will make tomorrow better.

Appreciate yourself first. If you want more happiness and success in life, change your negative thoughts today.

You are very special and every human being is special. Allah Almighty has created each one of us with some qualities. Therefore, while understanding your importance, also give importance to your thoughts, never despise them. This is the greatest power in the world.

Your belief in something gives birth to positivity. We become what we think we are. In this way, our thoughts will design our lives. Only by changing your mind can you revolutionize your entire life.

Actual Discovery Of The World:
The greatest discovery of the world is not information technology, but the actual discovery is that man could change his life by changing his thinking. All other inventions can only be done when someone thinks that, it can do what he wants to do. This is the most powerful but simple principle in the world, but few people understand it and act on it.

Nothing will change in your life unless you change your way of thinking. Only you have control over your thoughts and it depends on you whether you think negatively or positively. If you have negative emotions and your thoughts are limited, you will achieve the same proportion. If your thinking is positive and you think about love, happiness, health, and prosperity and are dedicated to serving others, then there will be happiness and success everywhere in your life.

Conclusion:
It is a natural process of thinking and is directly related to our thoughts. Our brain is like a garden. The kind of seed (ideas) you put in it will produce the same kind of crop. It is now up to us to decide what seeds of success or failure. There are infinite forces in the human mind that tell him the solution to every problem. All you have to do is believe in yourself and make your thoughts positive. Choose only positive thoughts for yourself. Learn to control your thoughts and remember that only you and you are responsible for your future happiness and accomplishments.

If we have positive thoughts in ourselves, then our actions will be positive and their results will also be positive.

Lack of Financial Education of Gen Z | they Only Do, What they Loved!

2020-08-13T15:34:00.003+05:00

In this article, we’re describing about Financial Education, which moves around between Generation-Z and Money. And I'm so worried about those young people, because one of the biggest mistakes I still hear it today from young people is they don't have to worry. Eventually when one time, such young people getting old, and then never become younger again. So that’s why I’m considering them that why they should talk about Assets and Liabilities.

You Know, One of the most important things you have in your life is TIME;
It is one of your Greatest Assets.

I just turned 70 and I have friends who have nothing. I mean, they have zero. Now they may they've made a lot of money, but they have nothing here. They have nice houses, nice cars 16 Lives 19 kids and on what they have, you know, I mean, and being young is great, except it can be a liability to you, because when you're young, he's just having a lot of fun and life's exciting, you know, it's new. So as time passed away, but the thing is, this is the lesson today.

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So many people spend their time focusing here. They want to make a lot of money, and I can hear it in their words. They say, Oh, I want a career. This is a career, or I'm going to start my own business. And this is the chart here, which we'd say this is the cash flow quadrant book number two is the employee s a small business software. Employed or a specialist, like a doctor, lawyer, web designer, be as big business 500 employees or more, and is a professional investor.

So when I was young, I knew I wanted to get here. Let's take time. This is the hardest, you know, this is where the big megabucks are. And Kim and I are here. And the money is massive. But it takes time to get there. The big mistake I see young people make is they focus here. And the words are I want to do what I love. That’s the track.

You'll see in real life. Sometimes you have to do what you hate. Like people think I like to write books. I hate writing books but it fills my purpose in life. It's not my passion, my purpose in life. Because my purpose was to get here. A lot of these guys get trapped here doing what they love.

As we've talked about on earlier episodes of this thing, you guys pay the highest taxes 40% here, and 60% in taxes here, 20% here, and then zero percent here. So when I was in my before my 20s I knew I wanted to go there, and it wasn't doing what I love. I had to learn what I didn't want to learn. I sometimes have to do what I hated. I learned about taxes, I had to learn about debt. I take classes I thought about insurance. So I was doing a lot of things I hated doing so I could come over here.

These guys never do this because what they did that passion, what my passion, the passion is greedy purpose is for other people. So my purpose was to come over here so I could serve more people. So I have employees here and all this. I don't buy stocks, bonds, mutual funds, because as a professional faster I can create my assets. Yeah, if you ask anyone, they all say they want to do what they love. And they're talking about here.

And this week a text like, you know, coming here, I was doing fine over here because I didn't have much money. The government takes all your money anyway right 40% in taxes because nobody's going to sue you. You come over here they sue you, so I had to learn about lawsuits. I hated it. I learned it. So the big mistake for young people is I'm going to do what I love, which is fine over here. But what do you love the most, but I loved my freedom. And I know sounds great, but I love making money. I'd rather have a lot of money than no money. I've been both. I've been broke, beaten down everything but read a lot of money. So it was worth my purpose to get over here.

The big mistake I see young people making here is that they think about what they want to do what they love. And what I'm talking about to the Millennial/X OR Y Generation right now, they only invest in what you love. That's a very big difference.

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In other words, think about this site first. Most young people or I say, short-sighted people, they think this is it, or this is it. But this is the one here. So when I was your age, I knew that the assets I wanted to acquire the richest people own businesses over here, this guy's a small business self-employed, you're self-employed if you can't stop working. I stopped working years ago because I have a business's very big difference was painful, like so number one is a business.

So when I was in my 20s, I knew I was going to do whatever tech school study, learn about taxes, death insurance, accounting, lawsuits, and all this through business.

Next is real estate. I love real estate. But most people can't do what I do because they don't have a business. It was catch 22 they don't have enough money to get over here. Your mom just made that switch. But she's other people's money. So the reason I make more money is that it's not what I'm doing, what I love, I do sometimes what I hate, so I can have the assets that I love. I love having a business. And if I didn't have a business, you wouldn't be here. Darren wouldn't be here. I wouldn't have a CEO and President, I wouldn't have accounts I wouldn't have attorneys.

So the business affords me the lifestyle I want, and then I invest in real estate. I've never gone past a real estate piece, a piece of land, or a bill that I did not love. And then what most people invest in from there is paper. And that's Find that stocks, bonds, mutual fund savings. ETFs not my game. I don't love it. I hate it. But these guys are perfect for them to have paper stocks, bonds, mutual funds, ETF, and all that. Because their focus over here, they want to do what they love. They want to climb the ladder, they want their career they want this on becoming president.

You know, that's not what I wanted on the football star. But that is for the middle class here. That's fine, you can get redshirting. I just don't like it. It's not exciting to me. And then the last one is commodities. And the four basic commodities, a lot of commodities like food. farmers get rich like they provide food, which is good. I invest in food. I invest in avocado farms, like crude oil, gold, silver. I love forcings. I love avocados, you know. So I'm doing what I love. I love trees. I love plants and things like this. So I'm doing what I love here, here and here. I don't like stocks, bonds, mutual funds, ETFs, 401 K's IRAs, I think it doesn't excite me.

You know, it's, this excites me. So I invest in what I love, rather than do what I love. And these guys do what they love. But most of them never get over here. And this is like Steve Jobs. Zuckerberg, Bezos of Amazon, and they have all the money in the world. That was my plan. So as you mentioned, a lot of people are talking about how they want to do what they love, right? And I think you have a very valid point on investing in what you love, because a lot of people just to see it. They're entrepreneurs. They're investing. They're investing in this the whole Bitcoin outrage in the cryptocurrencies, but I felt like I wasn't pursuing what I loved or I was falling off the wagon because I wasn't interested in Bitcoin. But I realized that that's just not my thing. I'm not investing in what I love. If I'm doing that in Bitcoin, what I want to do is invest in real estate. So I love looking at properties. I love looking at houses, fixer-uppers, and looking at the numbers. That's my passion. Maybe I got it from my mom, who knows, but Bitcoin isn't my thing. So I have no reason to feel like I'm not doing what I love just because I'm not investing in Bitcoin.

And that's kind of the attitude in my world, because I see people they chase shiny objects. And want a shiny object means is going to be the official, you throw a lot of little shiny obstacles and the fish comes in, or they jump in. That's what most people do. Bitcoin today. It's a shiny object. I'm not saying you can make a lot of money on it. But most people are chasing shiny objects. They want to make money. They're not building an asset here. The thing the reason they don't do it here This is the highest risk.

Now, This is what I know, the higher the risk, the more education it takes. For example, if I want to know I flew, if I wanted to fly my little Cessna 172 around the place, not much risk in that. But when I had to go to Vietnam to fly, the risk went up. I had to study harder to become better at work harder at it. There isn't most people stay in paper, 401k IRAs, and chasing shiny objects like Bitcoin. Because they don't want to take the risk here. They're huge.

You've got to study this. We have a rich dad's education Mitch, that's coaching. All of you guys are allowed to take courses and all this. If you come here, it takes no intelligence to be here. It takes no intelligence to buy bitcoin. I mean, I have four for Bitcoin, or five Bitcoin. I didn't take you know, just, I don't want to do anything. Over here. I'll do it. On the lot over here, I have no a lot I have to study. So if you want to chase shiny objects like the stock market and all that you can make get rich there. It's really easy to get in here. It's really hard here.

So I do agree with you when you talk about Bitcoin being the shiny object that everybody's chasing, right. And one of my favorite stories that you've told us about your mentor Frank when he sent you to Peru, so you can learn a valuable lesson about maybe something that wasn't such as shiny object and turned into B because shiny objects take change every day.

So I wanted to learn about Icos initial coin offerings. I want to learn about IPOs Initial Public Offering and that's how you take a business and turn it into paper. You turn it into stock. So I went to see my friend Frank who is hardcore here. I'm a company he started taking public And I said Frank, and he didn't know me from Adam. I said I want to learn to do an IPO. He goes to you and everybody else. He says most guys don't have it. They don't have the guts. They don't have the determination. And they're wimps. I said I want to learn just how bad this is up here in Scottsdale, Arizona. I said badly, he says, Okay, this is Wednesday. Be in Lima, Peru.

I went on Saturday, and we were shooting the video for the cash flow game, you know. It says, How bad do you want it so badly. He says, as you know, you meet my president in the lymph. Frank never traveled. You meet my president and lymph that find out how bad you want it. So that was Wednesday, Wednesday night, I was on a plane to Lima, Peru.

At the pay full boat. I paid my way. Most employees can't stand that. They don't have any money. I flew into Lima, Peru, I went to look at three gold mines. With Frank's president, it was an experience and education I've never had. I would never have I didn't show it up. It cost me probably 15 to $20,000 for airfare on that thing. I get back on Tuesday to talk to Frank and I said, Frank, there's nothing there. He says, I could have told you that. Then why'd you send me with a fan? how badly you want to learn this, most people don't have it. They want a job. They want job security, they want a paycheck, they want a 401k. And that's why they don't get to come here.

That's why they don't get to come over here. I think right or wrong, you know. I don't ever want it to be here. I knew knows your age. I want to come here. But the higher the risk, the higher the returns, but also the higher dedication, education, and study had to go through. So today I'm making millions and millions I make more a day than most people make a lifetime. But it was worth it. If I lose sometimes Yes, but it was worth it. You go to school here, you take no risk. That's why my poor dad was poor. He didn't like to make mistakes.

I love that story. Robert, thank you for sharing it. Olivia, one last word that's very, very important for people to understand a young age, and the word is called liquidity.

The reason this is better for most people, is because it's liquid, you can buy a stock, you make a mistake, you go out, you buy an ETF make mistake, you gotta. It's not as good as important. The moment you go into real estate, you're not liquid. That's why you're going to be smarter going in. Because you make a mistake. You can't get out and buy a bad piece of property.

You write it down. And the same as businesses, you end there. You're Sol you can't Get out. Like if Rich Dad Amherst has gotten in trouble, you know what? Money all businesses are. I can't quit. Employers have quit, they leave the run like little rats, you know. But if you're in here or here, you can't get out. So that's why liquidity is crucial.

It's very important which means that we have rich dad's coaching which does education with all our programs on all this, but most people are not willing to do this study because they want to do what they love rather invest and acquire what they love. That makes sense totally, So stocks, bonds, mutual funds, ETFs savings I got because our liquid make a mistake and get out these things. Hard to get out of including gold Gold's hard to get out.

Sometimes. Goals more liquid than this. Oil is tough to get out of you make a mistake there you're gonna write that baby down in a soap is pretty easy, but the word is liquidity. less liquid, the higher your financial IQ, you've got to be so much smarter. And most people, they have it. They have that ability to be that smart, but they'd rather do what they love rather than invest in what they love. So of course. Thank you, Robert. And I also want to give you things for sharing this topic on investing in what you love. Because I hope that this can be a guide for every millennial out there, as opposed to what we're traditionally taught in doing what you love.

Debts is Only Good if it's expected to give you INCOME ESTEEM.

2020-08-13T15:33:00.004+05:00

What do I say, my questions when people say to get out of debt when it comes to your mind when people say, guys, I think about credit card debt, student loan debt, all that negative debt that you people use for shopping and personal things, and it's your idea of debt, good or bad.

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Some people have a very negative idea or connotation towards debts. And that's because what we were taught in the school system and the traditional education system, that it's not so great, but if you research work on it, and have such financial resources, and attend seminars of financial leaders, then you understand that debt can be powerful and it could be used in a good way, and it could generate you money. So for those of less thing, debt is a four-letter word. But most people, in a position so-called financial gurus who say they live debt-free.

And other people say cut up your credit cards. And you know, that's good advice for certain types of people. So you should cut up your credit cards. If you don't know you can't control your spending. You should definitely, but I don't know how people live without credit cards. I don't know how you can check into a hotel, rent a car or go shopping and go out for dinner. But you should cut up your credit cards if you're a shopaholic. That's good advice.

And the other thing about debt, there's good debt and bad debt. So this is going to be the lesson today is there's good debt and bad debt and if you only have bad debt, which I classify student loan debt as bad debt.

The main reason is bad debt is because it's the worst possible type of debt. You see if I get into trouble as a businessman with debt, I can declare bankruptcy and clean. But the trouble with student loan debt, you can't do that. You know, it hangs around your neck for the rest of your life.

So if you're a student, you shouldn't take on student loan debt unless you 100% guaranteed that you will commit to graduating.

So have you seen a lot of kids drop out of school? And so the problem with student loan debt is a person has to know, what are they going to study? You know, I have two friends. They're both medical doctors. And they came out of school with $500,000 in medical debt, I mean that student loan debt, but they paid off in five years, because their medical doctors had high paying jobs. And so the delayed having families and all this and the whole objective was to pay for becoming a doctor.

But I think you have friends who have no idea what they're going to school for. So I have this friend and she's changed her major like three different times from business to now nursing. And it's a lot of money and she still has no idea that what she wants to do, and she tells me she's like Alex, I want to change my major from nursing. But I'm already practically done. And I can't pay back this debt. So she's stuck with the nursing career and she doesn't even like it. You know, when I was your age, like I think I said earlier is that my classmates were making like 110 hundred 20,000 a year, which is not much money.

But for my generation, if I made 20,000 that was a lot of money. I mean, it's just out of proportion. So where were the highest paid graduates in the world? And my starting pay was about 47,000 a year. My classmates were making three times as much as me. But the choice we make I didn't want to do what they did. Yes, I had to join the labor union. Ships officers, we had to join the MMP masters made some pilots, which meant we're a labor union guys. So labor union guys may more money.

And nothing personal, but I don't want to be a union member. So I joined Standard Oil of California as a ship shipping officer. And then I didn't have to join the labor union. But I only got 47,000 a year. That was different. The differences in Standard Oil was still sailing. And a lot of those labor union jobs are gone, because the pay got too high. Yeah, I mean, so there's always a good and bad and it's hard to understand that when you're younger, but I knew when I was 22 years old, I didn't care if they paid me 100,000 a year. I wasn't going to join a union. It was just principal, my father, Poor Dad was head of the teachers union. And from what I saw,

I didn't want to be a teacher. I didn't want to be a union member. So it was kind of youthful exuberance on things.

But anyway, today it's harder because you don't know what, what is this mysterious high paying job.

And even lawyers today are having a hard time because they don't need that many lawyers, which is a good thing. And there's artificial intelligence, which is replacing a lot of the high-end jobs. Like even accountants today, they don't need accountants, because artificial intelligence can do a lot of the work for them. So that's why for your generation student loan debt, I would say, is possibly one of the most important things you need to decide before you take on no debt. Number one, are you going to graduate? And number two? What are you going to graduate s?

Any comments on that if you want to talk about so my dream and passion has always been to be an entrepreneur, but when I started studying it, I told my dad, it was the last thing I would ever do because I thought that what they were teaching me was what I was going to be doing on a day to day basis. But these teachers don't, aren't practicing what they're teaching. And so we give you this wrong conception of what you're studying. And reality is the traditional idea. It's obsolete. What mattered back then does not apply to how you're going to run your business. Now, you know, today if I was in your position, and I was pretty clear when I was about 15 I want to sail the seas, I sail, huge ships, you know, throughout the world. But that was a dream of a kid.

By the time I was 22, I was tired of it. I didn't you know, I didn't want to sail the world anymore. So I understand, you know, what it's like to keep that what they call it is finding your way in life. Right? Yeah, that's not easy. So I commend you guys and that's why we're doing the millennial money is because as these programs progress, you're gonna find out in my opinion, you guys have a harder road to go through the knighted. For me, it was really easy. There were a lot of jobs economy was booming and all this and it was easier.

So you guys have got to be smarter. So as far as a subject of debt. Good debt and bad debt.
Again, it goes back to the financial statement.

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Income expense as a liability, so debt falls in here. So if you let's say I'm going to buy interfaces, I'm going to buy a house emphasize my house as an asset. That's not true. Your house is a liability. I don't care if you have no debt on it or not. A house is a liability. Same as if you have a car. A car is a liability. And the reason for that is, as we've talked about earlier, the six words that are basics of financial education, Financial Intelligence, income expense, liability. And the two other words are cash flow. So when you look at the average person, they have a job.

Money comes in here, they pay for the house, and the money goes to a bank through a mortgage, so it's not an asset because the cash is flying flowing out. So it's a liability. So the definition of liability, does it take money from your pocket? And for an asset does it put money in your pocket. So when I have a rental property here, it puts money in my pocket. So if I live in that house, it's a liability.

Because even though I have no debt on it, I still have taxes, depreciation, repairs, and upkeep, insurance, and all this. When I rent a property, I've done a good job buying it and structuring it every month. It sends me money. So I started off when I was 25, I had a little one-bedroom and it put 25 bucks in my pocket was a start. So this was good debt. You say this. The debt also went out and paid.

But it also put $25 in my pocket. So-net. I was making money from my little house. So today my wife I own 6500 and every month 6500 houses, put money in my pocket. My people will live on love paying all this because they have a place to live. But all of this comes from debt.

So we don't, we have 100% finance here. It's all debt. So this is good debt. What makes a good debt is the two most important words cashflow. Does that make sense to you? Yeah. Any comments on this? So numerous people my age think that is horrible. And you just showed us a perfect example of cash flow and how debt can generate income. And many entrepreneurs use this formula to make money on a day to day basis. So what most people do is they have student loan debt. Sl, and that debt is going out this way.

You know, it doesn't put any money in your pocket, you can say, Well, I have a job. Well, this tool, you work for it. So I don't work for any of this money here. I do this job once, set the deal up. Every year, I add more and more and more money. I'm borrowing money from here. It's coming here and going this way. So the debt is putting money in my pocket. And bad debt is taking money from my pocket.

So the problem is if you're going to use that, you've got to be much smarter than this person here, you've got to be very, very smart. That's why I took real estate classes when I was 25. I've never stopped taking real estate classes. Because you buy a piece of real estate and you make a mistake, this turns into a liability.

This, if if I get the renter leaves the place, this goes here that fast, and the cash flows that way. Guys quite out of my pocket. So has nothing to do with real estate. It's nothing to do with a car that there was a student loan. It has to do with these two words here. So good debt, again, is debt when I borrow for this, and it puts money in my pocket. If I had a car and I borrowed money from it and somebody rented for me as an Uber driver or something and put money in my pocket, it would be an asset. My wife and I have a boat. And you know most boats lose money but our boat makes money because it's in a charter, you know, people rent my boat all the time. So has nothing to do, whether it's a boat, student loan debt, a house, a car, or whatever it has to do with these two words here. And so most of the time, you know, you've had accounting classes that don't talk much about this. This is something they never mentioned to me in college. Why is that? You think like you mentioned before, I mean, some people are teaching students something that they don't apply in their daily life, something that they barely know about, and they only learn through a textbook, but you have you've taken accounting classes, right? Yeah, exactly. I did it as well. I did finally get a high grade the second time around, but that was because I had a real content teaching me the real applications of accounting, as opposed to a fake teacher. Right. So your advisor Tom, we all right, Tommy, and one hour what I could have learned the entire semester with this one teacher that wasn't even accounting in his real life.

The big lesson for you is that it's nothing to do with the house, the car, the student loan, it has to do with whereas a cash flowing, if the cash is flowing into your income statement into your pocket, it's an asset. It's good debt. But if it's taking money from your pocket, it's bad about that does good debt and bad comments. I think just like Trump, you know how to apply the rules of debt, and he calls himself the king of debt, right? If you're gonna be successful I whether you're an employee or entrepreneur, you've got to control the direction of your cash flow. Like most people here we've talked about earlier. They get a job and the cash flows out here it goes to the government called taxes.

Trump doesn't do this. I don't do this legally. The reasons because we're entrepreneurs, not employees. employees have this entrepreneurs because it's type of acid and the other thing, so what would like to say to the young millennials listening to this? I'd say don't be afraid of debt and if you know how to use it, use it good debt puts money in your pocket credit card big good debt boy just depends on what you spend the money on. Right? So if you spent it on something that's going to produce income for you like an asset, then it's good debt. But if you spend it on let's say, a jacket that you wanted from Burberry, then it's not the first property there was in Maui Hawaii in the 1970s. I bought it with a credit card. Wow. property was $18,000 my first preference but I've taken several real estate classes. And so I knew what to look for. I found this one property it took a long time. When I found that I just broke up my credit card and bought it and I put $25 in my pocket and went from this little janky little thing. This is years ago. $25

It was good debt. I wish I never sold it. I don't know though it was a big mistake to sell it because today is probably worth four or 500,000 and that's a whole nother story. That's why I don't flip properties you know, I don't like to do that stuff. So anything else so good debt what money in your pocket? bad debt what takes money out of your pockets?

Whether Invest in Gold or in Fiat Currency

2020-08-10T21:40:00.000+05:00

When we study investment in the context of financial management, It is essential to have knowledge about natural mineral assets, which have worth it, really worth it, in the stream of time-span for a long time ago. Even, when accessibility of currency notes, debit card, and credit cards (categorize in plastic currency) are easily available.

So here is the commonly asked question is that Nowadays when paper currencies, plastic currencies and even digital currencies (bitcoin, etc.) are also available So, Why should we buy gold? , and In another way, What is the Gold's future, is it bright or not?

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Everyone knows that We have been using Gold from ages for investing or saving money. Before 1971, currency-notes, debit cards, and credit cards are attached to gold. And it was called "Gold Standard" then after 1971, An American President, Richard Nixon broke the relationship between Gold and Currencies and then he introduced the concept of Fiat Currency that is a new way of valuing money, and a medium of exchange value, which obviously does not have use-value, but have value only because a government maintains its value and government have the power to fluctuate it, or in the other way parties who engaging in exchange of fiat currency, agree on its value.

However, it is also a fact that Gold is always better in the longterm. In terms of pure Gold, explaining some reason for being better from other types of currencies and it stand-alone appearing as a King of Currency Asset now and expected to be forever.

The first reason is that When there is inflation in the economy, which used to have a hardcore effect on currency notes but Gold has a capacity to absorb inflation in itself and could easily stand out from this problem.

Another reason for giving priority to Gold expects from other paper or plastic assets because they may become depreciate and then have to claim into state banks as waste papers. And this is finally one of the major reasons prior to many times that are other fiat currencies would rely on devaluation concept, over and over again in short-term and then look at medium-term, I mean 5 years time, the cost has been upward more than after long-time of 10/20 or 30 years, cost risen so much enough.

But By the way, if you are a Gold Investor, you know it well that gold maintains its value in the long-term orientation of 10/20 or 30 years. For Instance, you see when you buy shoes, clothes, or any other food items in the past, it was less costly than now. And in the example of God, yes it fluctuates somehow but in the long-time, it gives you approximately the same value, So it's simple to understand the concept of devaluation in this context, by giving such a practical example.

Here are some points that are essential to understand when you want to become a Gold Investor.

1- Gold is not for the investment it has a storage of value that's why businessmen also use it for filling their investment portfolio because they know that gold has its own value also in itself. So if you want to save money for future contingencies then instead of storing in banks or money jar, acquire Gold, because you know that it remains value forever.
2- Gold has worth and value in bad times also, when any country has to face Hyperinflation in the economy where the country experiences an inflation rate of 50% or more per month. Like Venezuela, Hungary, Zimbabwe, and Yugoslavia all have experienced periods of hyperinflation.
Another example of India, where Narendra Modi, Prime Minister of India take a step on 8 November, 2016, after meeting in the evening called by the Indian Prime Minister Narendra Modi. then soon after the meeting, Modi announced the Demonetization of Banknotes in which Rs of 200 and 1000 are totally banned and become zero value in the country. Modi claimed that the action would curtail the shadow economy and counterfeit cash to fund use in illegal activities and terrorism. But due to this Act, many of whom, whos have cash in Gold or money in Gold, is on the safe side and could sleeps well but other than whom, might be crying due to effects of demonetization.
3- It is the point, you should know that if you want to invest in Gold, it normally gives you Capital Gain, not residual income like Interest from the bank on agreed time period or getting Rent from property assets on monthly basis, etc.
4- We can keep gold for decades, it's not perishable, but if in any case, not looking gold enough then it's no problem for a goldish to boil the gold and renew it in a pleasant attractive shape.
5- God is a easy portable asset, can be used to move in emergency times like War, etc.
6- You can sell it whenever you want liquid cash, it always has an active market in which buyers are always available, anywhere in the world.
7- It is a marvelous time when the population is growing in peak because never ever such type of peach in the world becomes a shortage of Gold due to demand-supply effect and that's why it's the main reason that Gold will gain more value thereafter.
8- One another reason for Shortage of Gold, due to high demand, and limited availability of supply is that there was in the history where no so much mining of gold but when industrial revolution becomes part of the world, and cost of mining was decreased but now increase the cost of mining because it's not easy to be found
9- Another special use of Gold are becomes part of life like for example Gold's use in teeth in case of broken teeth, it becomes fashion in some wealthy people to show-off their richness, uses Gold teeth in their mouths.
10- Except for the above fact that we are using gold more and more also use in electronic devices, then that devices normally bin into garbage or scrap. And this waste lead to short the supply of Gold in worldwide.

Recommendation:

If you want to save money for long-time for any contingency requirement of making a house, planning to save for education or health so never keep your funds into banknotes, it degrades the value. So instead of keeping your saving into banknotes, save your money into Gold, but here's an important aspect to know that don't invest your money into jewelry because designing cost will waste your money into the Air. So my advice for the smart investor is to always keep your saving money into plain gold like Gold's Coins or Gold's Biscuits. If you belong to a Muslim Religion like me, then you have to give 2.5% zakat in a year on your saving in golds is must but it still better than inflation. So gold is a good option but there a game to play is to understand the concept of diversification, don't invest all your money in gold either, a quote by Warren Buffett is that :

Don't put all your eggs into only one basket.

It's my overview and research share with you about Gold and Fiat Currencies.

I hope you learned something about Practical Finance Knowledge, it might be never learned from school

Theory of Creating Passive Wealth Extreme, & do Nothing!

2020-08-07T01:25:00.000+05:00

The theme of this website is to spread worthy ideas and in this article one of the powerful idea is sharing that may change your life and you can simply put such idea into creating wealth in your life without putting efforts. Isn't it interesting? How to change ideas without putting effort?

You know losing money is the biggest fear in everyone's life when they are young, always programmed the money is very tough to earn as you ask some question to yourself :
Is this very tough to earn MONEY? Doesn’t it grow on trees? IF this answer is yes then Why am I wasting money? It's very tough to win money, but I was advanced in life. I came across certain techniques of people they are actually creating wealth in their life by not putting continuous efforts and we shall understand them today by recalling the Seven R theory technique for creating wealth that must be read if you are passionate about the creation of passive income extreme.

Photo by Andrea Piacquadio from Pexels

But Before I go to the theory topic, I want to share with you, one of the very powerful stories, Written by American Author "Burke Hedges". is called a "Parable of the Pipeline"
for buying this great book, just Click Here And if you want it in Hindi Language Click Here

So first we have a look at the story, so it's happened when there were two boys: Pablo and Bruno in a village, who are unemployed. So the mayor of the village, calls them in one day and said that we need water in the village, the village tank is empty, so we need water from the nearby river of the village and every day, both of you, carry water from the river and put it into village river tank, And for every bucket of water you carry, you will be paid some money, For Unemployed Pablo and Bruno, it sounds like a great idea and agreed to it

The next morning both of them took their bucket, started to fulling water from the river and empty it into the village tank, again to the river and then to the village tank and for every bucket they'll be paid money. This went on the few days, then one day Pablo realized, it's so tedious process and he thought that why don't we build a pipeline. So if we build a pipeline, all the way from the river to the water river, the pipeline will carry water itself, we don't have to carry anymore and we don't have to put effort on a daily basis. So goes and shares the idea to his friend. He said that look if we build a pipeline we don't have to put daily efforts except that such pipeline will carry the water for us, but Bruno was not interested, because they would have to invest time, money and energy for building a pipeline. He was happy with carrying his buckets, so he tells Pablo you please go ahead. I'm happy the way as I'm,

Now we have to look at the long story then the short problem starts working hard. Despite of the criticism, despite the ridiculous, he builds a pipeline and slowly starts spring from the pipeline day-In and day-out, Pablo becomes a free man. When he is sleeping, his income is on, such that pipeline carries water for him, When he was on holiday, his income is on, When he was partying with his friends. His income is on.

Bruno on the other hand, the day he takes it off, his income becomes zero. The day he sick or tired, his income becomes zero. And for the Pablo, doesn't have to worry about that. So slowly Pablo starts building the pipeline not only for his own village, but all the villages around. And so many people like Bruno, get unemployed.

Hence can you observe, what's the big thing?, you know it's obvious that he should have been the pipeline. Remember friends, ninety-five percent of people in the world, are bucket carriers. Yes Ninety-five percent, maybe even more. But Only Five people are the ones who have created pipelines in their life and in this article we're discussing about 7 R Theory, by which we can actually create pipelines.

So we have a difference between what we call an Active Income and what we call a Passive Income for an active income you have to act all the time like Bruno, the day you are sleep, or go to a party, or on the holiday, the income stops, the day you tired, your income stops, after the dead, your income stops, even a child can not be inherited.

But there if you have a passive income extreme, even if you are sick or old, you will earn, you sleep, on holiday, be retired, your income is on, if you die, your child inherited your pipeline and his income will be on by the way. Ok, this is the passive income you have to focus on.

So the passive doesn't mean, the dad you are passing well to you. We have a different interpretation of passive income between seeing in the Seven R Theory is that people. We have Seven R' s.

Image from Canva.com

So before the Industrial Revolution, we had only two kinds of income, we had something called it RATE, and we have something called REMUNERATION. All of them who sold good, they have a rate, e.g. t-shirt has a rate, the trouser has a rate, and so on, but who render services, they give remuneration, e.g. a doctor, a lawyer, everybody has a remuneration so this two-income existed. A RATE or a REMUNERATION.

But there is something very interesting happened with the arrival of the Industrial Revolution, you can see it at the above image as it's a REPLICATION. So the efforts of the men, now transfer to the machine. So previously, if you wanted to make a hundred copies of the paper, you have to write a hundred times, but with the photocopy machine you can make the paper ones and the machine makes a hundred times for you.

For Instance, take an example of a theatre artist, he may be very talented. But when every time he wants to earn, then he has to go to the stage and perform on it, however, for any reason he couldn't perform, so his income will be zero. For those, he always has to struggle.

But when he came to Movies. The firm/ Movies, you can REPLICATE, I mean, print DVDs CDS prints, you can distribute all over the world and you can get income from that many millions of pipelines. So replication changes the world with the industrial revolution,

Now, in the current scenario, we have the other four incomes, RENTS, ROYALTY, RIGHTS, and RETURNS. If you use them in your life, you will be able to create EXTREME WEALTH BY PUTTING MINIMUM EFFORTS. You just create the system, and the system works for you that the siege, one of them very interesting at all.

_____________________________________

So the first is RENT, we all know this, IF you have a spare Property or a spare Flat or a spare Asset or a spare equipment, you give it to anyone and your income comes. So, are you working? No, if I have a spare property, my property generates rent for me, I'm not working whether I'm sleeping whether I'm on holiday, for every month, I get that into income, without putting any effort and that becomes an extra pipeline in my life so rent is a wonderful way of creating passive income. You have a property, a vehicle, or an equipment of economic value so you can rent it. Property is the best, because, what's a good price appreciation on your property.

Second is ROYALTY, taking question for an example, How many know candy crush game? We all played candy crush. You would be surprised at the makers of candy crush, earning between five hundred thousand dollars to eight hundred thousand dollars every single day. Every time someone downloads this app, a certain portion of the money goes to owner of candy crush developers. For that matter, any app in this world. Apple has now a revenue stream, which is more than the GDP of the hundred and fifty countries. Simply because everybody and anybody in the world downloads an app a certain portion as a royalty goes to the parent company.

People are putting products on stock websites and earning money. People are using the blocks, the gendered valve so application. You, too, we are living in a digital world enabling is on any part of the world. You may be sleeping in India and the US, someone knowledgeable and the money comes in about. So it is a beautiful reporting if you have any condition any intellectual property, you can capitalize on it by using organs. Tom Hanks right. We all know this right, so you can reduce your franchisee franchising rights. Brown breaks, I'm your licensee. For example, in the nineteen fifties when this started they're, not just governments. I'm happy to find this argument. Franchise is a little different in Australia infringement in Malaysia in Russia. Thirty, six thousand dollars it's in the world. And every. Other examples may be, to become a writer of the book, royalty easily becomes your income stream, like nowadays YouTubers make worthy videos and publish it on youtube.com and get income on it. So what is it? Every viral video is a pipeline, when everyone clicks on the video, youtube gives you money. People are putting photographs on stock websites and earning mone. People are using blogs to generate wealth. So app creating, youtube, we are in the digital world, when an ebook on the Amazon, download anywhere from the world. You may be sleeping in the USA, your data in the UK, someone downloads your book and money comes to your bank account. So royalty is the beautiful way of creating extreme passive income. If you have any creation or any intellectual property, you can capitalize on it on royalty.

The third way is RIGHTS, we all know, these rights include franchise rights, brand rights, and licenses. For example McDonald's, in the 1950s when they started, they were just ten McDonalds and then slowly after some period of time, they spread franchises all over the world, in Australia, in Finland, in Malaysia, in Russia. Today, they have thirty-six-thousands McDonald's outlets in the world. And every time, you buy a burger or french fries that money, a certain percentage to the parent company, Imagine the volume, the revenue share that is like thirty-six thousand pipelines working for you would be Day-in and Day-out. Just by creating a brand by giving the franchise.

When we look at Harry Potter, J.K.Rowling before writing Harry Potter, was financially struggling but after Harry Potter became a brand. She got rights to an amazing level. In every book sold by Harry Potter, J.K. Rowling got a royalty, not only that, she took Harry Potter, to metal toys store, and say that you can make Harry Potter toys, but give me a few million pounds. She also can go to electronic arts and allow access to them to make games on Harry Potter and receive her royalty payment. So she has the brand and through this pipeline, from being a struggling woman became one of the richest women in the UK. It is the power of rights.

And the last, you can use it whether you are a small employer, whether you are an entrepreneur with a lot of corporate, very easy, something to be learned from our grandfathers and grandmothers. Since ages, the disclosure RETURNS, taking an example of a stock market. When in nineteen seventy you invested ten thousand rupees in the shares /stocks of any corporate then today that money would have become three hundred crores. That's a lot of income/ return. Warren Buffet said interest is the eighth wonder in the world.

So your returns that's everything your Bank Fixed Deposits, Stock Investments. It is very safe, so you can have debts or bonds, Investment in Gold, Investment in Property, and even investment in Art. Return also from Interest, dividends, and appreciation.)

If you use this Seven R theory in your life, then you can be able to generate wealth by yourself.

Robert Kiyosaki said that POOR people WORK, but RICH people build NETWORK, and through the network, they get power to keep on earning.

Lessons from Top 5 Regrets Before Dying | by Bronnie Ware

2020-08-07T01:24:00.001+05:00

One of the most poisonous, most negative emotions of all, is regret. You know, if you take a deep breath in right now and think about what are all the regrets, you might have your own life. I'm sure it'll be a long list and it'll be a disturbing list. Well, Australian Writer, Speaker and Musician Ronnie Ware wrote a Best Selling book called The five regrets of dying people. And in that particular book, she spent over eight years in palliative care, looking after dying people, and she maintained a journal a diary during that period of time and asking this question to These folks, today as you look back into your life, what are your top regrets about life? And she started taking down answers from that interaction.

Image by Arek Socha from Pixabay

About one year into this process, she saw that, all these answers could be categorized, you know that there were a lot of similarities between them. And from these all research and process of taking notes and asking questions and spending time with these people. Her Best Selling book took birth, which was about the five regrets of dying people. And I would like to share those with you today because I believe, perhaps, the secret of the art of living lies in the secret of the art of dying, you know, famous Italian painter, artist reality which he said, as a day well spent, brings happy sleep. So a life well spent brings happiness. The whole idea is to spend your life in a way and to design your life in a way that when you're working Done.

You will be empty; you will have given away everything you could have. You're not looking back with a sense of regret. I wish I could have I should have been Why didn't I try? At least I shouldn't have tried, you know, why did I give up and things like that? Those are very disturbing questions, right? So I would like to share with you these five regrets of dying people so that today, you can reflect on this. And I've been quoting Ronnie Ware work with international audiences around the world. And it's resonated with people. The only reason why because today as you'll listen to these five regrets, if you can, you know, resonate if some of these resonate with you, if you can connect with some of them, then it's probably time to pause and reflect and redesign your life.

Because after all, you design your wardrobe don't you? You pay a lot of attention to designing your house, don't you the landscaping everything you know, you look after your fitness you look after your retirement. Why not and human beings we are the only species who have this gift that we are able to make changes in our life. We're not animals, we're not trees. If we do Like something, we're in a position to change it. And that's the whole idea here.

# #Top 5 Regrets Before Dying

As you reflect, see if some of these things are connecting with you. If you see the picture the story of your life in these five regrets, maybe it's time to change things, the topmost regret. The number one regret of dying people, as listed in the book called The five regrets of dying, folks, is

(1)_ I WISH, I HAD THE COURAGE TO LEAD A LIFE TRUE TO MYSELF :

You know? And oftentimes, we are so busy living up to the expectations of other people that we forget who we are, who our potential is, what have we capable of doing? Do we get a chance? Do we give it a chance to blossom? Or have we are we just too busy running the race that everybody else's? Do we even spend time figuring out Am I running in the right race or not? Right? What if I win, and then realize it was the wrong race I was running in the right.

Similarly, imagine I mean, some people have Very good at the ladder climbing the ladder of success. And I'm sure you are too, right. And we've been equipped with all these things, all these resources, all the information to speed up our journey up the ladder. Imagine if you will, that you're climbing the ladder of success, and then climbing it fast. But what if, when you get to the rooftop, you realize, hey, it's the wrong roof. It's gonna be too late to change them. Well, these folks who brawny were interviewed did not have a chance to rectify things. But you and I do, we're still alive. We still have chances we still can make amends are number one. The number one regret was I wish I had the courage to lead a life true to myself. And I'd like to ask the viewers here of this video. Are you living a life true to yourself? Or are you just busy living up to the expectations of other people? I'm reminded of a famous novel by Leo Tolstoy called the Death of Ivan Village.

Ivan Ilitch was a magistrate. He was leading in ordinary life, you know, and you know doing success, you know doing financially well-having everything and, but he wasn't happy. He was not happy with his work. He was not happy with his family. He was not happy with any aspect of his life and one day while hanging up the curtains he falls down, injures himself and the doctor comes in season and says it's terminal you are going to die. Now during the process while he's on the bed, he's anger towards life increases manifold is now even angrier at his wife and his family and his doctor at himself. You know why? Because of one of these sleepless nights, this question started eating in front of them. And the question was, what if my whole life was wrong?

What if my whole life was strong? And ladies and gentlemen watching this video, that can be a very painful question, what is the way I've lived my whole life was wrong. Another very important way of designing Life Are you living an authentic life do to yourself is what I've been sharing with audiences across the world is not about getting more stuff is perhaps about letting go of a lot of things which might not be working well for you. I'm reminded of a historical anecdote where the mayor of Sicily, found a huge block of someone brought a huge block of green light to him.

And he thought there is only one artist in all of Italy who could create a beautiful, you know, statue out of it. And he thought of Michelangelo. Michelangelo was commissioned for this job and he asked for two years, he shot themselves in a room and for two full years, he worked on this block of gray night. And after two years, he presented the world what is known as the masterpiece of the Renaissance, the statue of David. In his biography, Michelangelo reflects and writes. He says when I first saw that block of gray night, I could already see my angel inside it for the next two years. All I have to do was to chip away, chip away, and remove everything that was not required. And I got what I needed. And I think the same applies to life as well. It's not about adding more stuff. It's not about having more not about doing more.

Perhaps it's also about letting go of a lot of things, relationships, circumstances, thought processes, which might be hindering you back. What are yours? I think it's an important question to reflect on to help you design the life where you live in life true to yourself and your authentic life.

Now, the second read, as listed in Brony wares best-selling book, The five regrets of dying people will go against everything that you've learned so far about success and achievement.

Here's number two.
(2)_ I WISH, I HADN'T WORKED SO HARD :

Now, it's important that we put it in the right context, right? In order to truly understand it. The way I look at it is I would say I'm working hard.

If I'm not being able to give if I'm going upstream, if I'm struggling against the flow of If I'm not finding my creative voice, if I'm not doing the kind of work, which gives an expression to my higher self, that's when I'll use the term when working hard. And life is difficult. Because when after, I mean, it's been about a decade now, after I've switched my career track, and I picked a line of work that truly satisfies me. And as I reflect back on it, it doesn't seem like work anymore.

People have often asked me, you know, so is it a day off today? Or are you working today? And I tell you, the boundaries have merged, you know, it's very hard to distinguish when it's work and when it's free leisure time. And as this beautiful quote, I think puts it best. It says, you know, if you pick a line of work that you if you pick work that you love doing, you won't have to work a single day for the rest of your life because it's merging and you're enjoying what you do.

However, having said this, what I feel that these people who had this regret are truly trying to say is this. They were not able to balance work and the rest of their lives. They were not able to enjoy the little things around them, the sunrises, the sunsets, the smiles of their kids are the little things as they were growing up. I'm reminded of a famous author who said, in the hope of reaching the stars, men often fail to appreciate the flowers that blossom at their feet. In the hope of reaching the stars, we fail to appreciate the flowers that blossom around us.

Take time today, out of your busy schedules, look away from your smartphones, right, shut it down for a while, and take time to enjoy the little things that life has given you. Because that is the whole that is where the beauty of being alive license right. I know work has its place, working hard as it has its place to in achieving what we want to achieve. But make sure that you're not paying too heavy a price that you regret later on. Make sure the price that you pay is worthwhile and that you are getting enough time. enough opportunities to rejuvenate yourself to refuel yourself, right otherwise You will end up burning up too soon.

And that's not the kind of ideal scenario you want to be in the third regret

as expressed in Brony wares book is

(3)_ I WISH, I HAD THE COURAGE TO EXPRESS MY FEELINGS :

Now, this is the second theme when the term courage comes up. So I do believe these five regrets have a lot revolving around letting go of your fears, right. But the third one's quite interesting. I wish I had the courage to express my feelings and from my opinion as a motivational speaker and a life coach over the last decade I believe the most underexpressed emotion of all is appreciation.

We take things for granted okay with the I know that guy, guy person, that person in my work team know that I appreciate his work, but we failed to put it into words and guess what people around you do not mind readers. And after this opportunity's gone, you're going to regret it. I wish I could have appreciated that person and you have no idea what it means for the other person. Right.

Apologies another area where we fall short off. Did you do something that you know Say something that you regret now to another person, okay? Now's the time, have the courage to walk up to them and say, Hey, you know, I was being a jerk the other day and I saw regret having said what I said and you know, say it, express it, don't bottle it up. When I talk about appreciation, I'm reminded of this model that I've been using sharing in my workshops called perhaps model haps hedge a BBs appreciate and I would like to change the spelling of the word now.

So accountants talk about depreciation, and I want to change it from appreciation to appreciation. When you appreciate someone you appreciate who they are, you increase their self-worth, you increase their self-esteem. Perhaps the model is a very interesting model to follow, making it a way of life making appreciation a way of life. hedges for habitually acknowledge people tag people habitually is authentically, right. Don't fake it. Do it from your heart. Say what you really mean be promptly don't wait too long. The next P is proportionately right. And the final the S is specifically specific about, because that's how people really that's how behavior positive behavior is reinforced.

Because we are very quick, actually, as a default behavior, to pick out mistakes and other people to pick out what's going wrong around us. It takes conscious effort to spot what is going right and to appreciate it, make it a way of life. And you will be a lifter because I believe people can be broadly divided into two categories, lifters and leaners. If you're in the habit of expressing positive emotions, of acknowledging good stuff that is happening around you, you're a lifter. And so this is the number three, I wish I had the courage to express what I feel at all times. It's Really, really powerful. It's letting go of that fear of embarrassment or that uncertainty how the other person might react.

But, you know, express it positively, even if it's something negative, even if it's something that you have not appreciated. that you do not like, try to express it in a constructive way, and go and say to the other person, right, it's no point holding it up. Because I don't know it applies to all relationships, it applies to your family members applies to me. And you know, whether it's kids or parents apply, it applies to your colleagues.

Because you never know who's not going to be around, you know whether they're going to move to a different place, or what's going to happen tomorrow, say it, don't miss the opportunity. So the photograph as listed in the book is,
(4)_ I WISH, I WOULD HAVE STAYED IN TOUCH WITH MY FRIENDS MORE OFTEN :

And I believe that this happens to all of us. And we're living in a digital age in the era of Facebook Likes and you know, looking at what other people are doing, but what we're missing increasingly, is the face to face human connection, right? Where we can exchange ideas where we can reflect back on our lives.

And I feel it's really important as you move forward in life and as you achieve them so-called success is that you find time to develop a network where you're able to sit together and reflect back on how far you've come, how far others have come? What are the things that you're doing right and what is there to learn from others? because it would really help if your network is diverse, cultivate a diverse network of friends, and because it is going to get lonely at the top as you climb this ladder, so you need people to give you honest feedback, because you might end up being surrounded with people who are only giving you what you would like to hear. You don't want that happening. You want people who can be honest and straightforward and give you what you really need in order to make the changes in your life.

Another very important factor here is that the diversity of ideas. So I am a very big believer. I'm a big believer that your personality is shaped by the time that you spend with the five or six people who are the closest to you. So be very careful who you're spending your time with. And reach out and connect to if you feel the folks who have achieved a lot who build things from scratch. We're doing things that you would like to do Spend more quality time with your friends and family members look up from that gadget which is keeping you busy. Because someday guess what they might not be around anymore. Spend time with friends and family. And I'm sure that you'll be able to relate to the fifth regret that is listed in this book, which is I wish I would have let myself be happier. The keyword here being let

I believe we all have the ability to experience bliss. Actually, it's hard to come across depressed babies or infants, right? When we were born in a blissful state, right, and it's as we go along, and this journey of life and we collect stuff and behind these expectations and disappointments on this journey, that we start feeling that we start putting up the barricades on our own happiness. So listen to this carefully.

(5)_ I WISH I WOULD HAVE LET MYSELF BE HAPPIER :

The above statement, which implies that you already have the ability to experience happiness, but we just need to remove the battery Are there. Happiness is not something that you consciously choose.

I believe it's a byproduct. I'm reminded of an interesting story by my favorite author, Dr. Wayne Dyer. He says, a little cat came back from happiness workshop. And it was moving around in circles, trying to bite its own tail. So grandpa cat was observing this behavior. And out of curiosity, Grandpa got asked the little cat, what do you been doing? So the little cat replied, see, I went to the happiness workshop and then the happiness workshop. They taught me that happiness lies in my tail.

Therefore, I'm running around in circles trying to grab happiness. Grandpa cat had more experience with more wisdom. And he said, Okay, well, they did tell you the right thing. They did tell you that happiness lies in your tail, but you've got the process wrong. You don't have to go around in circles trying to grab your own tail. You just do what you have to do to go about doing the things that you must do. Extremely enjoying life and doing the things that you do, and happiness will follow you everywhere you go. And I believe that's a very powerful story with a very simple message.

Happiness is not a destination that you seek. Happiness is a byproduct of the way you live your life. And I also believe that happiness is usually found in the little things. Now psychologists have found out there is a threshold, the amount of happiness and money and material success can add to your life. Two or three things I'd like to share with you about giving permission to yourself experiencing happiness.

Number one being take time every day to appreciate what you already have, right? So often we are caught up in achieving this and the next journey and doing that, that we fail to appreciate that the universe has already given us so much. What we have today was probably something that we deeply desired a year ago or some time ago. And now that we have it, we take it for granted and it's no longer adding to the kitty of our happiness. I think that's the wrong way. Take time every day while you're traveling or wherever, wherever there's, you know, time alone with yourself to reflect on what are the gifts that I now have that I really craved for a few years ago.

And now have them with me because you know to add to your build your own positive narrative, your own positive story of life, you're right so that you're able to convince yourself that good things are supposed to happen to me. I believe negative folks also have a story to tell they got a victim story, right? I hate my life because of this, this and happy and positive folks also have a story to tell they say I love my life. I'm so thankful so happy because of this, it's important that you look for the right reasons to support your point of view.

The second thing I want to share with you to add more bless and happiness to your life is this. I was doing a lot of reading from offshore and I picked this from there. You know, he's inspired this thought. He says become conscious become aware of The negative thoughts that emerge in your mind, don't try to fight them, that you might be fighting a losing battle if you do that, but become conscious of negative thoughts as and when they enter your mind. Right. So just by becoming aware of you being caught up in negative thoughts will help you overcome that will help you to let go of that will help you say hell, okay, there I am going down this road once again there I am getting caught in this web once again, just that awareness, just a consciousness will allow you will give you the strength to move away from that.

So appreciate the small things that you have in life. See, bless is there all around you and build the right story. Right? If your story is I'm thankful for this opportunity to be alive. You got to support it the evidence of good things that have already happened in your life. It's been over five years that I've been quoting brawny where's research on the five regrets of dying people.

And although she is divided into five different categories with five different statements when I really think about it, and you know, I tried to put my own experiences to it and you know, to correlate it with the life, the lives of other people and my own life. I feel it's all about letting go of fear. It's all about letting go of fears and insecurities. And she's phrased it in different statements. But what I like to ask you is this, how would you live your life? If you were no longer afraid? What would and what are the things you would do? if you would no longer afraid because a lot of fears that hold us back fear of embarrassment, fear of failure for some fear of success for others, fear of the unknown, whatever it is, and these fears, to a large degree dictate the kind of decisions that we make.

And when whenever decisions are being dictated by fears. Those are not some of you know, the decisions that we make are not some of the most powerful ones. They are the more mediocre ones because we're trying to stay within the boundaries. Can we be ever truly free of these regrets? brainy bear has listed in a book. I don't know. Is it worth trying? I feel it is.

I hope that these five regrets and the thoughts that I've shared with you have given you some food for thought and some triggers for self-reflection.
If you want to learn this content into deep then Click on this link for getting this Book

Stop Regretting and Start Dreaming

Flywheel Effects and Doom Loop for Entrepreneurs

2020-08-05T14:42:00.000+05:00

Successful companies avoid the concept of “Doom Loop.”, because when leaders face disappointing results against their actions. Instead of purely understanding the core causes of such disappointments, then those leaders make some change about their mindset and then move forward to a new direction.

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In the context of the Doom loop for Entrepreneurs, for instance, some entrepreneurs are habitual to compare ourselves to others and in respect of their egos toward success, all of they're want to become bigger, better businessman in future. So, What could those look like?

Start thinking positively, and then thinking about your Vision and Goals, not from where you are with your limitations, but what could it look like? Just imagine like a dream. So the solution to the problem is that you should take out a Sheet of Paper and Start Writing will be in the top 30 mentors in North America by the end of 2020. And took that Sheet of Paper after you, read it aloud and looked at as it is your five-year Vision of the Future.

And what it immediately did for me was taking me from a Doom loop, negative thinking to Wow-though, you can see this if you want to focus on. And just took the sheet of paper and start sharing it with my employees, my friends, my family, and it was interesting and its impact had been immediately.

It had employees go over and you're smoking some hope dope here. For people that went Wow effect, about the top 30 metros, Hurrah! this is incredible. I also want to be a part of it. And those people stayed, the naysayers left. And we started to build something special together.

So when I toured you through and I showed you a wall of painted pictures for all our brand, We set these visions for where we're going. We never ever think while we're creating division of how to get there.

Because of that just lowers the bar, in high school dropout, university dropout, doesn't have the money. It's a bad idea. Don't think about how just answer the question, what does it look like? What's the destination? And-off we go. And you know, I'll throw this out too. If any of your viewers want to understand what a painted picture is, I'm happy to give away our painted picture.

As an example, I'll put a link here and put a link, they can go to Instagram and send a note at Brian Scudamore. I'll send a painted picture to you or whatever works, but I'm happy to give it away because I think that if there's one thing I learned, and I think this book inspired, that, for me was the value of a painted picture, because we wrote a second painted picture at a time after we had crashed and almost lost the company.

Instantly it is understood that, How can we write a vision that's compelling for the future? And a quick story on that is we brought everybody to Las Vegas. So we said let's do our conference this year in a fun place. Yes. Entrance to the room, the big ballroom of six hundred people was you had to come wearing a Hawaiian shirt? That was the only deal. Yeah, you were greeted at the door with LA, you're greeted at the door with a Tonny Robbins.

But we sat down and I read my painted picture for the next four years. And I said by the end of 2025, this is what it will look like? Whether we hit like this then, It may be. And we're going to be celebrating in Hawaii. So I had them transpose their mind by feeling like they were in Hawaii. By the way, I love Hawaii. When we did we so we said we had to double our revenue from 100 million to 200 million by the end of 2016.

And that in March of 2027, we'd go to Hawaii. Wow. There we were in March of 2027. Everyone brought their families. So awesome. We actually hit 220 million that year. They would say that my life will change and it is the secrets of my tie. So just imagine the Doom Loop, where you like to be yourself in the future.

The Secret was, in such a little bit example, you know a little bit about an expensive alcohol drink. Well, that's amazing. It's all done, It will help you to plan and imagine the situation in the future, to have it in your hand.

For Formal Study of these Applied Models
Click on the hyperlink in this para, and Get an in-depth understanding of the concept of Flywheel and Doom Loop In Banking and Governmental Organizations,

Doom Loop Model for Banks and Governments

2020-08-05T12:55:00.001+05:00

In the context of finance and economics on the large scale, a concept of Doom Loop is considered to be a negative spiral that can be occurred when banks hold sovereign bonds, and then governments with weak public finances bail-out against such banks.

#Flywheel and Doom Loop for Entrepreneurs, Governments and Banks

Pinpoints of Doom-Loop are describing in a list view below:

Banks need more government support
Banks' borrowing costs rise
Banks' loans go bad
Governments can't finance themselves
Investors lose faith in governments
Governments lean on banks to buy their bonds
Governments bail out banks

European Example Forum:
European governments were growing concerned about the doom loop among some large banks and the Euro-governments. Their Governments were exposed to bank risk, as well as banks were exposed to sovereign risk by holding government bonds in their portfolios. On the contrary, other names for the doom loop include the “diabolic loop” and “vicious circle”,

All of the above reasons, Regulatory of European bank still treat government debt as risk-free

In respect of the Euro Area Sovereign Debt Crisis of 2011-2012: Where the doom loop was primarily domestic, and banks were home-biased in all their asset allocation, simply making them exposed to domestic sovereign risk. While the sovereign debt crisis had to be coped, then home bias for banks was parallel and increased by the way. But now in 2020, Italian banks remain economically vulnerable due to their significant holdings of Italian sovereign debt. And then according to these governmental statistics, Italy’s government debt to gross domestic product (GDP) ratio is roughly 135%.

Briefing of Bailouts by Government against such Large Banks
The three main types of bank bailouts: guarantees, liquidity assistance, and recapitalization.
The two types of international bailouts are debt forgiveness and international loans.

Snapshot of the two main organizational performance concepts :

#Graphical presentation of Doom Loop and Flywheel

What is the Doom Loop?

No careful process- just simply doing it..

Instead of a quiet and careful process of figuring out

what needed to be done and simply doing it...

Comparison companies:

Frequently Launched New Programs.
Made it a big deal to Motivate.
Programs failed to produce lasting results.
Fell inside the Doom Loop.

Flywheel Effect:

When people begin to feel the Magic of Momentum when they begin to see tangible results when they can feel the flywheel beginning to build speed that's when the bulk of people line up to throw their shoulders against the wheel and push.

Each piece of the system reinforces the other parts.
An integrated whole that is much more powerful than the sum of the parts.

Are you in the Flywheel or in the Doom Loop?

(i)- Flywheel Model as a Wraparound Idea

· Follow a pattern of buildup leading to a breakthrough.
· Reach breakthrough by an accumulation of steps, one after the other, turn by turn of the flywheel; feels like an organic evolutionary process.
· Confront the brutal fads to see clearly what steps must be taken to build momentum.
· Attain consistency with clear Hedgehog Concept, resolutely staying within the three circles.
· Follow the pattern of disciplined people ("first who"), disciplined thought, disciplined action.
· Harness appropriate technologies to your Hedgehog Concept, to accelerate momentum.
· Make major acquisitions after breakthrough (if at all)
· Spend little energy trying to motivate or align people.
· Let results do most of the talking.
Maintain consistency over time.

(ii)- The Doom Loop Model

· Skip buildup and jump right to breakthrough.
· Implement big programs, radical change efforts, dramatic revolutions; chronic restructuring-always looking for a miracle moment or new savior.
· Embrace fads and engage in management hoopla, rather than confront the brutal facts.
· Demonstrate chronic inconsistency-lurching back and forth and out of the three circles.
· Jump right to action, without disciplined thought and without first getting the right people on the bus.
· Run about like Chicken Little in reaction to technology
· Make major acquisitions before breakthrough.
· Spend a lot of energy trying to align and motivate people.
· Sell the future.
· Inconsistency over time.

Two common patterns of the Doom Loop from company to company:

a)- The misguided use of Acquisitions.

Good - to -great companies used acquisitions as an accelerator of flywheel momentum, not a creator of it.
The comparison often tried to jump straight to a breakthrough via an acquisition or merger.

b)- Leaders who stops the Flywheel.

New leaders who step in, stop an already spinning flywheel, and throw it in an entirely new direction.

__________________________________________________________________________

Reference Articles:

That's why, in the Context of International Banking, Doom Loops have been becoming a serious problem that should be considered to a re-direct effect on Economic Health.

Flywheel and Doom Loop is also Essential for Successful Entrepreneurs when success is under the doubt and entrepreneurs have to take part in change management, muddling through the strategy, by using the Freewheeling Strategic Model.

Diabolic Loop, A major problem in International Banking

2020-08-03T23:22:00.002+05:00

There is a major problem in International Banking Sector, which is called the Diabolic Loop. Some banks a very significant investment in domestic government bonds and economic slowdown in countries just like Greece or Italy, increasing sovereign risk, reducing the value of the bonds held by banks. due to reduced solvency.

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. The “diabolic loop” between the credit risk of sovereigns which of banks was an indicator of the crisis. within the American Economic Review: Papers and Proceedings, a straightforward model of this sovereign-bank diabolic loop, and show that it are often avoided by restricting banks’ domestic sovereign exposures relative to their equity.

Furthermore, we show that equity requirements may be reduced if banks only hold the senior tranche of an internationally diversified sovereign portfolio—known as ESBies (European Safe Bonds) within the euro-area context.

Nowadays, the Distress of Bank Industry increased the possibilities that banks would have to be compelled to be bailed out by their Domestic Government, which increased sovereign distress even further, engendering a “bailout-loop”. Moreover, the recessionary impact of the liquidity crisis led to a discount in tax income, which also lead to weaken the government solvency in these countries, triggering a “real-economy loop”.

There are three ingredients to the feedback loops.

1- First, the debt portfolio among the house of Banks’ Bias leads to sovereign debt portfolios, and their Equity Value and Solvency hooked into swings within in order to be perceived solvency and market price of their own government’s debt.

2- Second, the lack of governments, to take action for committing ex-ante, to not bail out domestic banks, since bailout is perfect once banks are distressed.

3- The third ingredient to the feedback loop is that, in which Mobility of Free Capital in the economy, which will ensure to international investors, to take pre-emptive of government solvency in the future.

Whether warranted by fiscal fundamentals or not – are incorporated within the market price of domestic government debt. to interrupt these loops, the policy must remove a minimum of one among these three ingredients. So far, capital controls are the sole policy remedy adopted in response to the diabolic loop, in Cyprus and Greece. for the intention to eliminate the diabolic loop by reducing the sensitivity of banks’ sovereign debt portfolios to domestic sovereign risk.

These International banks cut back on lending triggering a reduction in economic activity and tax revenues. So the who is the linkage between government to banking? and then back to the government and potentially creating a major financial crisis in the country.

So it is a very important question is why is it that banks are buying so much of their domestic country bonds? I've been talking myself to chief risk officer or banks, and every time I asked them, Why do you buy so much of your local domestic bonds? And the answer is always the same because they have a higher return.

And therefore, indeed, it's unfair gambling because they shareholders will get a high interest on the bounce if things go well, and the things go poorly, losses will be better by government or eventually the IMF of the European Union.

There are three proposed ways to deal with this problem.

1- One way is to come up with implement, New Regulations to Limit the Possession of Government Bonds.

2- The second proposal, instead of having a bank, only local government bonds, they will invest in a portfolio of bonds of different countries, describe as Widen Bond Investments to different Markets.

3- The third option, which I prefer is to decide to cut completely the linkage between the State and the Banks. We make banking a normal industry. You take risks. Well, you bear the cost. When I say you, these are the shareholders, the bondholders, the creditors, with the idea is to cut the link between the government and the banks, simply describe as Cut the link between governments and banks, and normalize the banking industry.

Shadow Banking System is essential for Economic Health

2020-08-03T01:22:00.000+05:00

Something that involves Ninjas. No. But it is something that's concerning the government because the Treasury has put together a plan called the term asset-backed securities lending facility.

Actually, it's been around for a little while, but it's really starting to attract some attention now. And that plan is designed to kind of bail out the shadow banking system. So what is the shadow banking system and why is it so important? So, it acts in parallel to the banking system itself, the banking system proper as we understand it. So how does it work? How the financial sector works?

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Well, let's use an example. Here are let's here's our friend Bruce, okay, and Bruce wants to go out and like many good Americans want to go out and he wants to buy a home. Okay, so the first place that he goes to get the money to buy the home is down the street to his local bank. So here's our bank.

At that banks, people are very nice there and they say, oh, okay, Bruce, you're a good man. And you've got a good credit rating, we can give you a loan at, say 10% or 12%. Okay, so here's his final discount rate at 10%. But Bruce thinks, well, you know, I'll shop around a little bit, if I can get a better rate than that. And because there are various places that he can go, and he can look in what's called the shadow banking market.

Now, we've all heard about these companies that, that provide loans to homeowners that aren't actually banks, these people and it's not just one, not just Home Loans we're talking about, we're talking about credit cards and car loans and all the rest of it student loans.

They're not banks that provide these they're part of the shadow banking system. So Bruce goes to his and let's go, let's call this company nationwide. Okay. So he goes to nationwide and then nationwide system Okay, well there will make your loan at 39%. Okay. So here we have the shadow banking system.

And here we have the banking system, and what difference does it make to Bruce Well, at this point, not that much, Bruce is really just interested in the interest rate, you know, whichever one he chooses, he's going to be getting the same amount of money, although, obviously, the variants and different interest rates, so he's going to be looking for the best rates.

But essentially, his relationship is going to be the same. He's borrowing money, he has to pay it back with interest over a period of time. So why are we so worried about the shadow banking system?

Well, the best thing to do is to have a look at the nature of these two systems, and then we can see where the dangers are and where the concerns lie.

So a bank does business the Traditional Way. It's people save money at the bank. So money goes into the bank, and that money that goes in those deposits, the bank pays a certain amount of interest on say, 2% Okay, then it takes the money, and it lends it at 10% to people like Bruce, okay, and the interest or the spread that's made in between this 8% that's made in between, that is the bank's profit, okay? Which the bank, the bank does, whatever it does with that money. Okay, it's very easy.

What about the Shadow Banking System? Slightly different people are investing money and people are borrowing money via these people like, like our company Nationwide's, but in a slightly different way, whereas in the banking system, you know, Bruce's loan generally is kept on the books of the bank. Hence that doesn't happen with the shadow banking system. What happens is many people like Bruce say there are 100 people like Bruce, who borrowed from nationwide. So it's 100 times Bruce. hmm. Okay. And Lots of these mortgages that he's that they've got now got on their books here that this nation might just put together. What he does is it Securitizers these Okay, it bundles them up.

You've heard of that term, and it Securitizers them it turns them into bonds. Okay. So see we have our triple-A bonds, double A's, triple B's, double B's, and it goes out to pension funds, and other types of investors hedge funds all the rest of it. So are fun. out here are investors.

It goes out and it says, like, Hey, you guys, you invest money in these. And that's how the money comes into nationwide. So the funds go Okay, well, we'll take triple A's at a 2% double A's at 3%, triple B's 4%, double B is at 5%. Okay, so these are the interest rates based on the risk and this Securitization Instruments.

So this is the Securitization Process, So essentially, this is the way the money flows in the money flows in via these bonds here from the investors, and then it flows out to borrowers like Bruce. Okay. So obviously a different system.

But what's the fundamental difference here, aside from that, that, that that that difference that I've just pointed out in terms of the way the money is invested? Well, one of the really big differences is in the government involvement. Okay, The banks have been around for a long time.

And in fact, you know, well, since time infinitude. But over the years in America, the government's been gotten worried about the banks because we have various sorts of crashes and the rest, and they so they put in a system of regulation. So we could call this regulation, I guess you could call it a safety net. So there's a nice big safety net, sitting underneath the banking system.

And the banks have to accord to it in order to make sure that they're safe. And they're things like, capital adequacy, which means that you have to hold a certain amount of money on your balance sheet, depending on how many loans you have. And that's what that does is it makes sure that you're liquid in the event of a disaster. And there are other kinds of checks and balances that are put into a bank business that acts as a safety net.

So the things go wrong with the bank, then then you're caught and the and you're safe. I've had a lot of problems of the banks in the past this way. But what about on the shadow banking side? Well, no regulation, or at least very little regulation. So not much of a safety net. They're not much of a safety net at all. So why is this such a problem? Well, the reason it's such a problem is that the banking system over the years as the economy has gathered pace and more people want to borrow money to do whatever they want to do, whether it be to go to school or buy cars or buy houses or whatever it may be.

The banking system hasn't had the capacity to be able to cope with that demand. And what has happened is that, you know, as the, as the, as the sun has said, if you like on the banking industry over the last few years, the shadow, okay, that the bank has cast, because Securitization has been around for a while, but the shadow that the bank has cast has become a lot larger.

No, the shadows awfully large. Okay. And in fact, according to some measurements, the shadow is as large as 60% of the business of banking. Okay, so banks lend around 40% of the money in the economy or did before the credit crisis hit the shadow banks.

The shadow banking system was responsible for 60% of the loans. So now you're starting to see the scale of the problem. Companies like nationwide, these shadow banking companies have been responsible for so much lending, that they've become a key part of the economy.

In fact, you know, in many ways, you might say, the linchpin (a thing vital to an enterprise or organization.) of the economy. So if they go, if they go down badly, then suddenly you've erased a large proportion of your ability to lend to people and therefore people's ability to buy things and therefore stimulate the economy.

Because there is no safety net, you know, the shadow banking system just goes straight through and craters there on the ground. The reason that's happened is that people have looked at these notes, these bonds that they're spun off from the securities in Securitized Instruments, and they've said, this is toxic waste.

We can't find a way to price this stuff. We don't want to buy it, we don't want to touch it. So if nobody wants to buy any of these bonds, and there's no more of these new Securitization Vehicles being created, and suddenly 60% of your lending business is gone.

So now you can see what the government's getting worried. Because its plan is to get the economy moving again. But people need to be able to borrow in order to do that buying. So what's this towel thing this term is about securities lending facilities supposed to do?

Well, the government's talking about getting people involved to buy these bonds, it wants to create a, almost artificially create a market for these bonds, get people buying them again, get people interested in buying these bonds again, and thereby rejuvenate the market, get this shadow banking market moving again, probably won't be as large as 60%.

You know, it may only be sort of 20% of the market, but they need to get it moving again, because they need to get people like Bruce back in the stores back on the lots back into school, borrowing and stimulate the economy keeping people employed. That's what the government's plan is.

That's why the shadow banking system is essential to the government's plan and why the term asset-backed securities lending facility is so important. Because if the shadow banking system doesn't exist, and we can't keep the economy moving, it's going to leave everybody so the government thinks very badly, needing a drink.

How does it Cope with an Adverse Shock?

2020-08-02T19:47:00.000+05:00

Welcome back to the second part of the articles about the Diabolic System of Money in Banking article series. In part two, we will highlight the features of a debt run-up, and then illustrate how our financial economy copes with an adverse shock in a world without central bank interventions.

In this article, discussion about, How an adverse shock is endogenously amplified through the liquidity spiral and the disinflation spiral.

Photo by Andrea Piacquadio from Pexels

In particular, we will focus on two adverse feedback loops, the Liquidity Spiral and the Disinflation Spiral. You will also learn about the new paradox of prudence. So far, we have set up the economy. The financial system facilitates bobbling and lending across agents. The government, along with the central bank offers some safe assets in the form of reserves.

Let's start by noting that it is a buildup of short term debt that makes the economy vulnerable to the financial crisis. There are three aspects of economics that we would like to highlight upfront. First, the run-up in debt can occur in different sectors from crisis to crisis. For example, in Japan in the 1980s, the debt level increased significantly in the corporate sector.

In contrast, in the United States in the 2000s, again up of debt occurred in the household sector, while the corporate sectors that increased only marginally second. Typically when there is a run-up in debt, whichever sector may be, the financial sector is also issuing more debt. The third status fact is that the government stepped price a sharp sharply after the crisis erupts. The debt turn up can be benign and simply be a sign of financial deepening. But what if the economy experiences an adverse shock when the economy stopped functioning? How does an indebted economy cope with an adverse shock in a world in which the government and central bank Pass? Suppose some of the employers suffer an adverse shock, and as a consequence, they are less likely to pay back their debt.
________________________________________________________________________________

To see how the shock is amplified into a large financial crisis,
it is useful to split up the impact of this adverse shock into four steps.

- Firstly, the direct impact of the shock on the assets of the banks.

- Secondly, the response of the bank's shrinking the balance sheet.

- Third, the impact on asset prices. And

- Fourth, the impact on the real value of inside money.

__________________________________________________________________________________

So, the First step is the immediate impact of the adverse shock on the impose ability to repay their loans. This directly translates into a decline in the value of the bank's assets. Looking at the acid side of the bank's balance sheet, a decline in the value of credit safer 5% with a much larger percentage decline in equity liabilities in form of inside money stays the same in all the losses have to be absorbed by the equity. Since equity declines in percentage terms by much more than bank assets, the asset to equity ratio of the banks that is celebrity ratio is shooting up.

The Second step is the bank's response. The high level of trust issues caused by the adverse shock triggers a response by the banks to try to bring it back down by shrinking the balance sheet. First, they will extend less new credit to the Emperor's who then can buy fewer homes and invest in fewer machines. Second, banks will also try to sell off all loans all credit. If banks are hit, then they are would like to sell the assets at the same time. But if no bank wants to buy, who will be willing to buy these assets, the only ones that are potentially willing to buy these assets are the savers directly. However, remember that savers are not as good as banks at enforcing the repayment of the loans and they cannot diversify as well as the banks are able to, Hence, they are not willing to pay much for these assets, and asset prices will drop.

The Third step is the liquidity spiral. As banks fire sell the old loans and credit assets are worthless, resulting in further losses and a decline in bank equity. This triggers further fire zones, rising risk premia, And So,

The Fourth step. Paradoxically, each individual banks effort to deliver that is to be my rodent is macro imprudent, as it increases overall volatility. Our paradox of prudence is to risk-taking what Keynes paradox of Thrift is to saving. Each individual's attempt to save more reduces other's income and ultimately overall savings. Here, each individual banks attempt to reduce its risk increases the overall systemic macro risk. The fourth step is a disinflationary spiral on the liability side of the banks.

As banks shrink the balance sheet, they also shrink the amount of money they are creating. In other words, the supply of insert money declines, and with it, the money multiplier. In addition, households money demand rises, since households are now exposed to additional idiosyncratic risk, which banks seized to diversify away, without the intervention of the central bank, outside money is fixed. As banks shrink the balance sheet total money supply declines.

As this happens, the value of money rises, goods are getting cheaper. This inflation is kicking in. As the value of money increases, so does the value of banks' liability, as shown graphically, they call banks or savers money, so savers are benefiting while banks are losing. It's increasing the value of money hurts the bank's equity even further.

Again, the decline in equity raises celebratory issues further feeding the liquidity spiral and the debt disinflationary spiral, overall risk premia rise and investors demand a higher compensation for taking on risk.

To recap we have separated the shock in four steps, which of course occur simultaneously.

@Graph Captured from Study.com

-First, there was an initial shock that impaired assets.
-Second, the response of the banks was to shrink the balance sheets, cut back on new loans, and finally all outstanding credit.
-Third, this led to a liquidity spiral, lowering asset prices and forcing further sell-offs forth. The decline in the supply of inside money and the rise in the amount of money led to disinflation, which increases the real value of debt that banks owe to the savers.

All this significantly lowered bank's equity and give rise to risk premia. In some, a small shock has large persistent effects on the real economy in hurt especially the levered sector, including banks.

We have analyzed the impact of an adverse shock on financial stability, and we have gained a better understanding of the interaction. We have seen that the banks are hit on both sides of the balance sheets on the asset side. And on the liability side, we have two spirals, the liquidity spiral and the disinflationary spiral. Because of the liquidity spiral, you have less new credit, fire sales, declines in asset prices, declines in investment and economic growth. On the liability side, the disinflation spiral is at work, deposits decline, the real value of money in death rises, the money multiplier collapses.

Overall, banks aftershocks are amplified and can persist. Both lead to systemic risk endogenously generated by the system to sum-up, part two This video series taught us how spirals amplify a small adverse shock. If central bank stays passive, Click on Part Three to learn How Monetary Policy can Containthe Amplification.

Deep-Dive Understanding of Re-distributive Monetary Policy

2020-08-02T01:18:00.001+05:00

This is the third part of the Diabolic System of Money in Banking article series. In recap, under part one, we studied how a financial economy works and how banks create money. And part two, we'll learn how an adverse shock is endogenously amplified through the liquidity spiral and the disinflation spiral. Now in part three, we introduce monetary policy and macro Prudential policy.

Image by Free-Photos from Pixabay

The role of monetary policy in this framework is to limit the systemic risk that is endogenously created by the system. Hence, monetary policy will also reduce the wealth redistribution generated by systemic risk. There are different views about monetary policy. The money view focuses on restoring a broad measure of the total money supply to credit you focus on restoring credit by switching off the disinflationary spiral and the liquidity spiral.

The objective of the money view is to restore the total money supply. The central bank can vary the supply of outside money to indicate the passion interest 1930s the total money supply shrank. Many banks went bankrupt and the amount of demand deposits dropped. Inside Money, Frank Friedman and Schwartz concluded in their seminal work that the central bank failed to expand out that money as insert money was declining. Picture the increase in outside money supply as a helicopter drop of cash. But suppose the helicopter drops new money only to save us and not to the banks. As inside money shrinks outside money expands to questions arise.

First, will this fully undo the dis-inflationary spiral and calm, Consequently, the central bank will meet its inflation target. The answer is No. Inflation will still understood. So, unless, even though the money supply is fully restored, it is important to note that money demand also rises. This is because as banks diversify away less, it is credit risk and people have to bear it. People like to hold my money.

The second question is who actually benefits from the helicopter drop to the savers? Paradoxically, the banks are better capitalized, even though the money was dropped exclusively to the savers. Why are the banks benefiting from our money drop to the savers? Recall that savers would benefit from disinflation if the economy were not to tank. The extra outward money dropped on the same as high ever switches off this benefit. It reduces the value of the outside money. And inside money as the value of insert money declines, bank's liabilities decline in value.

This recapitalizes the bank somewhat, in which by the way also stabilizes the whole economy. In some, the money view makes a case to replace the reduction inside money due to the adverse shock. With an increase in outside money, the emphasis is on the liability side of the bank's balance sheet.

In contrast, the credit view focuses on restoring healthy credit. Proponents of the credit view, focus on the asset side of the bank's balance sheet, in particular, the credit supply of banks. The focus should be on healthy credit, not credit from Zombie banks.

The Banks, which are under-capitalized and have negative equity. Not credit from Vampire Banks, which offer high interest on demand deposits in order to attract more funding even though they are insolvent. So the question stands, how can one promote healthy credit? Let's see what happens when we give out money to the banks directly. Now suddenly banks have more assets than liabilities to what's the safest state is same. To balance the balance sheet and then the equity rises banks are recapitalized.

#You should hire a diabolic Finance Manager, because he will saves you from sinking in Debts.

Suppose we give the bank's exactly the same amount they have lost from the initial adverse shock. And there's no reason for them to extend less credit to the real economy or to issue less inside money. We have switched off both the dis-inflationary spiral into a liquidity spiral, no fire sales, no dis-inflationary pressure, etc. all the adverse effects are switched off. Of course, there is also a difference, Now all claims towards the Central Bank. Monetary policy in reality does not occur through a helicopter drop of money. The recapitalization of the banking system might occur in more subtle ways to what we call stealth recapitalization. Monetary Policy occurs by influencing prices and interest rates.

For example, through interest rate policy in open market operations, or through the outer purchase of bank loans. When the central bank buys loans directly, let's focus on interest rate policy. For this, we now assume that the central bank pays a nominal interest rate on reserves financed simply by printing new money to see the effect of monetary policy through interest rate changes. We have to introduce in addition to the outside money, a long term bond it shows up on the liability side of the government's balance sheet, we will assume that the bond pays a fixed interest rate, there is no default, and we will assume that the banks hold these bonds.

Now on the bank's balance sheets, we have in addition to the credit extended to the end pauses. So long term bonds, which is credit extended to the government. Note that the value of long term bonds rises when short term interest rates for. In addition, the pure existence of long term bonds increases the supply of assets that can be used as a store of value.

As before, let's study the impact of a small permanent adverse shock to the end powers. The initial direct impact is that it lowers the value of the loans extended by the banks. If at the same time as the value of the bank's asset decline, the central bank cuts shorter interest rates, then the value of the long term bond increases.

Monetary policy can compensate the bank's losses with capital gains on the long term government bonds. Hence, it switches off the liquidity spiral and the disinflationary spiral. In a sense, a helicopter prop to the banks was conducted through the interest rate policy, in a subtle way, a stealthy capitalization of the levered sector, which suffered from adverse shocks occurred. This stealth recapitalization of banks can be viewed as exposed redistribution of wealth, two important qualifiers need to be made.

Ideally, monetary policy should simply limit the redistribution caused by the endogenously generated systemic risk. Second, undoing this redistribution is not a zero-sum game. It creates overall welfare gains, sometimes even everyone can be better off. Instead of looking at exposed to the distribution, let's look at the ex-ante monetary policy rule.

Before we know whether there will be a positive or negative shock, and optimal ex-ante monetary policy rule cuts interest rates after negative shock and raises interest rates after positive shock. It acts like an insurance arrangement. Whenever there's a negative shock, the central bank creates capital gains for the banks by lowering the interest rates. Whenever there's a positive shock, it creates wealth losses by increasing the interest rates.

The optimal monetary policy calls for clear rule variables that show that the financial sector is undercapitalized like credit interest rate spreads should be part of such a rule. In a sense, we add to the money versus credit view a third perspective. So risk view, monetary policy can assume and redistribute tail risk and risks that occur in Nigeria tail events. This risk transfer stabilizes the economy by reducing amplification effects and endogenous risk.

However, as people in the economy anticipate the Central Bank's reaction, they also change the ex-ante behavior. And insurance arrangement comes with a moral hazard problem. If you provide the banks with full insurance against the negative shock, they will take on more risk-taking more leverage, arguably more than the economy can bear. So monetary policy has to be complemented with strict rules that limit pain and risk-taking. In other words, cannot separate monetary policy rules from macro Prudential rules like a loan to value ratios, haircut roles, and so forth that limit banks and others risk-taking behavior.

With the appropriate macro Prudential Regulation in place, monetary policy can assume a more forceful role as an insurer of aggregate risk market potential regulation in the largest set of implementable monetary policy rules.

In other words, market potential regulation in monetary policy, complementing each other. Again, one cannot separate price stability from financial stability. We now have a better understanding of the interaction between financial stability and monetary policy.

However, notice that although monetary policy can be a powerful tool that can ease a shock if properly applied, Its power is not limitless. By intervening in the government and the central bank pay-off the risk that can potentially put the whole nation into jeopardy (danger of loss, harm, or failure). To understand it better, we now need to consider our final stability concept, the government debt sustainability.

To sum up, in part three of this video series, we stress the stabilizing and re-distributive role of monetary policy. We contrast it, the money view with the credit view. And you also learned that monetary policy can be more effective if macro Prudential policy limits to this taking. Click on Part Four, to learn about the three stability concepts and what happens if government debt might default.

What makes an Economy Vulnerable to a Financial Crisis?

2020-08-01T03:02:00.001+05:00

Welcome back to the Diabolic System of Money in Banking series of articles. In this part-1, we studied how a financial economy works and how banks create money. And then in part two, we'll learn how an adverse shock is endogenously amplified through the liquidity spiral and the disinflation spiral. then in part three, we introduce monetary policy and macro Prudential policy.

So, In this article, you will learn about money creation by banks, liquidity spirals, and the debt disinflation spiral, as well as the paradox of prudence. You will study macro Prudential policy and monetary policy contrasting the money view with the credit view you will become familiar with monetary dominance, fiscal dominance, and financial dominance. In addition, you will be exposed to various stability concepts and to the diabolic or Doom loop between banking and sovereign risk.

This article is based on the topics where is to redirect, the theory of money, and re-distributive monetary policy, in which studies interaction between monetary policy, financial regulation, and fiscal policy to explain how the financial sector works, and What makes an economy vulnerable to a financial crisis?

How does the Financial Sector work? & How Banks Create Money?

Let's start by setting up a simple economy with the financial sector. In our simple economy, there's a bank and someone we call in who might want to buy a house. He goes to the bank and takes out a mortgage, it's a million dollars. The bank in which the consumer mortgage will credit the input for $1 million as deposit as soon as the mortgage is agreed upon.

This creates a credit on the asset side of the bank's balance sheet and deposits on the liability side of the bank's balance sheet. When the Emperor finally buys a house and makes a payment to the seller, he transfers his deposit to the seller of the house. As long as the seller holds the deposit essentially through the bank lends funds to the Emperor. Notice that after the purchase of the house to credit, the mortgage to the end program is risky to the bank, while the saver's deposit is supposedly risk-free.

It is noted that the mortgage is a long term commitment to the bank, while savers deposits are short term.

For these reasons, the bank faces two risks.

- First, on the Asset side, there's a possibility that the Emperor does not pay back his debt. The bank faces credit or default risk represented carefully by the fluctuating curve.

- Second, the bank faces liquidity funding risk or run risk, which stems from the fact that the candidate is long term, while deposits are short time.

Suddenly all savers with total deposits, the bank will not be able to repay them. In order to cover default risk, the bank should have an equity cushion to protect the depositor's savers

In our example, in order to fed off liquidity ran the risk. Some of these funds are invested in safe assets, for example, preserves. The bank's balance sheet now has his serves on the asset side. In addition to credit on the liability side, it has the equity of the bank, in addition to savers, own deposits, I owe us against the bank.

Of course, the bank has many employers on the asset side, and many savers deposit holders on the liability side. Granted, these risky loans to the end forced to not default all at the same time. The risks of each impose partially offset each other The bank diversifies risk across various inputs and putting various credits together into a single portfolio, which is like merging the fluctuating curves into single one fluctuations are largely averaged out.

Also, notice that also the bank runs many forms of credit, the bank issued standardized IOU in the form of deposits. So, on the asset side, there are long term assets that are risky and illiquid. While on the liability side, they're standardized deposits. io use issued by the bank, the latter which are much more liquid. In a sense, liquid deposits are one of the outputs of the bank's production function. These standardized deposits are used inside money that is created by the banking sector.

Since they are short term, they're readily available. Due to the protection from the equity of the bank, the default probabilities are low, there is credit risk is limited, hence, as little as symmetric information about the value of desire use.

Because of this, it is easy to net our use across the whole financial system, and hence it serves as a means of payment. Now, let's add the government with the central bank. The reserves that we have introduced earlier on the asset side of the bank's balance sheet are provided by the government more precisely by the Central Bank. Putting the picture together with the banks, we can now see that savers have the option to hold either inside money in form of standardized deposits on us or outside money in form of physical cash issued by the Central Bank. In addition, savers can also directly lent to importers. However, direct lending is riskier for two reasons.

Firstly, savers cannot diversify as well as banks. Secondly, banks are better at enforcing repayment from inputs. Therefore, direct lending is much riskier compared to holding inside money. In addition, as mentioned before, standardization of insert money allows some netting, which is not the case for direct lending claims.

Since the default risk might differ from employer to employer, to sum up, part one of this article series illustrated how the banks create money in normal times. In part two, Explaining how thefinancial economy copes with an adverse shock?. And that even such a small shock takes a large scale crisis, then manage that crisis, and further discussion about how to be able to prevent it, and who should be in charge of it? We focus on two spirals, the liquidity spiral and the disinflation spiral. We will also introduce the paradox of prudence.

How Money Really Works?

2020-08-01T02:36:00.000+05:00

Think about it, How money really works? It will help you consider the value of money all the time and lead you to focus on getting the power of economic freedom by having a lot of money in your life. So don't be such a loser! First of all, clean the damn room in your mind ! In this article, I'm describing the Five money secrets that will guarantee you to become rich or poor. And knowing the facts about all the misconceptions about money in five easily understandable secrets.

#Learn How to grow money in plants, by applying money-making secrets

Money secret number one, and that is money moves to those who are not afraid to talk about it. People ask me all the time, why do you talk about money all the time? You see, there's nothing wrong or evil about money. Money is neutral. Imagine if you enjoyed talking about basketball. Raptors, NBA, Canadian team, right.. and If you enjoyed playing basketball or watching basketball, would you be ashamed to talk about basketball with your friends, or your buddies? No, you wouldn't. Then why would you be ashamed of talking about money? You see, you have a story in your mind right now about health, about success, about life and also about money. You have a story in your mind right now and guess who created those stories? Could be your parents, could be your relatives, could be the people that you know, you love, your brothers and sisters, your cousins, it doesn't matter, but you picked up those stories from somewhere. Remember when you were a little kid? The horror story, the scary story, the spooky story, the boogie man hiding in the closet? Someone planted those thoughts in your mind and someone planted those thoughts about money in your mind as well. That it's hard to get money, that rich people are bad, that you have to do something bad to make money and it's one thing to make money and it's very difficult to keep money and if you make the money and now you lose it, then you look really, really stupid. This is simply not true. The people who are struggling with money, they're afraid to talk about money and believe me, they do talk about money. The difference is they argue over money. Do your parents argue over money? Do you argue over money with your loved one, your spouse, your boyfriend and girlfriend? I remember one of the few times in my life that I saw my mom cried was because we ran out of money, so remember the above money secret number one, money moves to those who are not afraid to talk about it.

Money secret number two, money moves to those who love it the most. Money is a lovely thing. It is a statement of abundance, not scarcity. You see, only people with money forget about money. Take this moment for example. You don't think about oxygen, why? Because you have plenty of it. You are breathing in and you are breathing out. You don't spend a second thinking about it, but the minute let's say you're under water, and you're running out of air, you're running out of oxygen, guess what? The only thing you can think about is (inhales) air, oxygen. When you have plenty of something, you don't have to think about it. It's very difficult to not think about money and care about money when you don't have any. When you are worried about paying the bills, when you are worried about your credit card debt, when you are worried about paying your rent, you have to think about it. It occupies your mind, it restricts your ability to do other things and focus on other areas of your life. You see money gives you the ability to love, to give, to express yourself, to be more, to do more, to uplift others, so love money, love your family, love yourself, love helping people. There is nothing wrong with that. You can love everything else including money.

Money secret number three, and that is money moves to those who understand it the most. How much do you understand the money? Think of the language you're speaking right now. How long did it take you to learn this language? How many years you spent learning, writing, and speaking the language you're speaking right now? How much time did you spend learning about computers or the internet? Now the question is, how much-focused education did you get about money when you were growing up? How much time did you spend learning about how money works, how to make money, and how to create wealth as an adult? Do you speak the language of money, which is accounting? Do you understand these words, words such as retained earnings, return on investments, depreciation, cost of goods sold, accounts payable, accounts receivable? All these words, that's what made up the language of money. If you're like me, I basically got zero education growing up when it comes to how money works. How do you make it, how do you keep it, how do you invest it, how do you multiply it? I got zero mentoring in all these areas and that's why, You see, how can you understand a language, how do you master a language, when you don't even understand the words? You first have to understand the words, then you can master the language, then you can use the language, but first you have to understand how money works so you can become a master of money.

Money secret number four, money goes to those who know how to circulate it. Now in Chinese, the term making money (In Chinese) also has a separate meaning, meaning to circulate money, (In Chinese). It's not just to hold onto it and keep it, and not spend it, it's to circulate it. You see whenever there's a contraction in the economy, what does the government tell you? You go out there and you what? Spend money. Go, spend money, consume. Hire that new employee, go start that new business, make that investment, go on that trip, buy that car, they want you to spend because it keeps money circulating. So money goes to those who know how to circulate it. In terms of business, go, open that new office, expand. That's how you keep billions, and billions and billions of dollars going and that's how you create momentum in the economy. Same thing in sales; a salesperson, a closer could circulate money because they are making money move. Without them, they would not have made that sale. That sale would not be there. The goods and services, that transaction would not take place. So money goes to those who know how to circulate it.

Money secret number five and that is, money moves to those who know how to multiply it. I want you to look at the richest people in the world. Some of the richest people in the world, they are money managers, they are investors. Now, why do people throw money at them? Because they know how to multiply money. They know how to generate good returns for their investors. It's very simple. Once you know how to multiply money, you don't have to chase money, money chases you. I remember back then, when I was a teenager, when I was asking the bank to give me a credit card, a credit card for $1000 and they wouldn't give that to me. Why? Because back then, I didn't know how money works. I didn't know how to multiply money. They wouldn't even give me a credit card, a limit of $1000, and now the banks call me and say, do you need a loan? Do you want to buy a building? Do you want to expand your business? We're more than happy to give you a huge line of credit, unsecured. Why? Because they know I know how to multiply money now. So I want you to rate yourself, comment below, based on these five secrets.

Number one, do you talk about money? Number two, do you love money? Number three, do you understand money? Number four, do you know how to circulate money and number five, do you know how to multiply money? Give yourself a rating, zero being horrible, 10 being fantastic.

That tells you exactly why you're where you are financially and what you need to do to fix it. Now, if you're like most people, you'll probably read this article and say oh, great, that's a great idea. I need to work on this, I need to work on how to circulate, I need to understand money, I need to do this and all that, but most people they talk about it, they don't want to do shit about it, but if you actually want to do something about it, and you want to fix this problem, but if you could apply the above five secret consciously into your life then you would be able to help yourself to change your life around the thought process that whether personal wealth or money really works.

Karoly Takacs | Olympic Gold Medalist by only Left hand

2020-07-31T22:34:00.002+05:00

Karoly Takacs, but in Hungarian name order, He is called as Takács Károly, He was the first shooter to win two Olympic gold medals in the 25-meter rapid fire pistol event, both with his left hand after his right hand had been seriously injured. He is the athlete which is known as the third physically disabled athlete which has competed in the Olympic Games after some well-known athlete as George Eyser in 1904 and Oliver Halassy in 1928, that all of them are followed by Liz Hartel in 1952, Neroli Fairhall in 1984 and Oscar Pistorius in 2012.

Karoly was born in Budapest and joined the Hungarian Army. And then by 1936, he became a world-class pistol shooter in Hungarian, He won every national championship in his country and all of the people almost confirm that he will be won the gold medal in the Olympics of 1940, that was going to happen. When we look at the efforts of Karoly, there was a training of years. He has only one dream, one and only focus to make his hand (right-hand), the best shooting hand in the world, and finally, he almost achieved the target that he got the best hand of one in the world, then he was denied and prohibited a place in the Hungarian shooting team for the 1936 Summer Olympics on the grounds because of that he was a sergeant, and he was allowed to compete only for commissioned officers. This prohibition was lifted in Hungary after the Berlin Games, and But Karoly Takacs had robust expectations of being successful, at the 1940 Summer Olympics, that was scheduled to be held in Tokyo.

Unfortunately when only two years was remaining for becoming his dream come true. There was an army training camp in 1938, his right hand was badly injured when a faulty hand grenade had been exploded during training. While his dream, his focus all buzzed, then he had two choices, whether he was crying all his life, and hide from the social blade or never under-estimate himself and hold the goal of life that was his dream, then he finally decided the forget about what he lost except that he focuses on what he had (his only left-hand), As such hand, by which he can't even write anything. After one month of hospitalization due to curation of right-hand injury then after relieving from hospitalization, he starts training of his left-hand. He came again After one year of left-hand training. In 1939, there was happening a national championship, where he came, all of the athletes encourage him that he is a remarkable man of inspiration and passionate about shooting careers because the other athletes thought that Karoly only came to see us and for enhearten us. He answered that I'm not come to encourage you but compete with all of you.

Dear Readers, just imagine all of the others are shooting with their best hand but there was Karoly, who compete by his only left-hand and you know what, he won, Yes, He won the championship and all the other athletes are shocked by the way. Now his focus again was cleared that he would make, his left-hand, the best shooting hand of the world. Even though, after such hardcore incident, Karoly Takacs was decided to remain in his shooting career and then exception of injured right-hand, in which he had a unique power to win and bet any challenge on the spot but Karoly had to switch his command for shooting from right-hand to his only left-hand. We say his left-hand as his only hand because everyone in this world has got born only with one hand perfection whether it is right or left. You know it's a rule of nature, there is always no one who has control enough of both hands. Whether Someone is right-handed or the other one is left-handed. But the man of exception, world's inspirational character Karoly Takacs was practiced secretly, surprised everyone with his countrymen when he won the Hungarian national pistol shooting championship in the spring of 1939.

So, Karoly also became a member of the Hungarian team that won the 1939, UIT World Shooting Championships in the event. And When The Olympic Games scheduled for 1940 and 1944 were canceled due to the Second World War, Then after that, he never ever stopped, Everyone had sympathy with him due to his effort and his humbleness, where the general public only said that Karoly might be had the courage yet by the aged of 38 to compete with young shooters but unfortunately, he lost right-hand and this is the reason he had to face so much criticism in the shooting career-forum because everybody thinks of him, sympathetic and comment him like being nothing in working side of shooting career.

But do you know? what happened in the history of Shooting career and Olympics History? Karoly Takacs even make surprised the world by winning the gold medal at the 1948 Summer Olympics in London, at the age of 38 years old, and finally was beating the favorite, Argentine Carlos Enrique Díaz Sáenz Valiente, who was the reigning world champions, who had approached him before the event and had asked him what was he doing there (having heard about his accident). His reply was also an inspiration that he was there to learn, setting a world record. Ultimately, Valiente later congratulated saying you have learned enough

So, there is a lesson in the Life Of Karoly Takacs as below:

Never Give up Anyway
Chase your Dreams...However, what is wrong with you
And No matter at all, What You Loss But think about What you have & What your Life gives you

A Calm and Quiet Life will be Achieved with Humility

2020-07-31T19:41:00.002+05:00

Photo by Pixabay from Pexels

Of course, this world is a place of trial where Heaven or Hell will be decided for a man based on his deeds. For this reason, the wise man takes such a role in this world that he can make a place in heaven after death.

However, there is another point that is very important. Naturally, man's desire has been to make this world a paradise, that is, to have a Comfortable Life In This World. Obviously, this does not seem possible in the difficulties of the world. But the fact is that Almighty God has created such opportunities in this world that man can be relieved in this world if he wants. Despite all the problems and difficulties, he can live a calm life He can enjoy his life in this world if he wants to.

To Erase Your Selfishness Required Strong Personality
The Fact Is That The Grain Blooms Together In The Dust

What Is Humility?
To despise self from the heart and to show it with words and deeds is Humility, which is a praiseworthy attribute. Humility is to Hide Self Virtue And Superiority As Much As Possible, Humility is to show Self as ordinary however by being superior, to show as inferior by being superior, to show as a student by becoming a scholar, to shows as a sinner by becoming virtuous and pious, even being obedient, call himself a Sinful. So we should evolve humility in our mien.

Lack Of Comfort:
If we look, the biggest problem of humanity at this time is the lack of comfort and for this, all efforts are being made. Medicines are being taken To Make Life Stress Free and new ways are being adopted. Sometimes they are trying to get rid of their pain with instruments and sometimes they are talking about going out to the forest. Somewhere the government is being changed and somewhere slogans of revolution are being chanted. It would not be out of place to say that the focus of all these efforts is to achieve peace and contentment in life.

So, why we did not focus on hard work and not use our energy in the most productive place? Do you want to may our efforts make our life peaceful and may the hereafter bring us peace and comfort in this life. Then the only way to do this is to keep ourselves humble and helping those who need some care in the sack of humanity.

Grace Of God:
Man, who was created just from a Drop Of Liquid (sperm) and has to leave this world at last, and his power and helplessness is that he has no control over his hunger, thirst, sleep, happiness, sorrow, memory, illness and death. Therefore, he should never forget his true status and Worth, no matter how great he may be in setting the stages of progress in this world, his status in front of the Creator is nothing.

The wise man adopts the method of humility and submission. And in the same way, this method gives him greatness in this world. But people who live their life with arrogance and selfishness will not achieve anything. Whenever they die, what is humiliating is that his name is not used as a compliment but as a condemnation.

Therefore, the requirement of intellect and understanding is that in order to fly high in this world, a man should become extremely humble and make humility his covering and bed, and then he will see how Allah (the Lord of Glory) give bestows upon his honor and greatness. Then he achieves a high place of love and popularity in the world which cannot be achieved without his grace.

The best way to get closer to God is through humility. One Good Word Is Better Than Donations Of Million Dollars. A tree is known by its fruit and man by his words and deeds. The sign of humility and submission to God is that man obeys God commands.

A Selfish Behaviour Is Like A Punctured Tire
Until You Change It, You Can't Go Anywhere

Peace Of Mind:
The comfort and pain that man assuming is just an additional thing, that's not the fact. The misconception of man is that he is looking for peace of mind in the outward things of this world. His gaze is on the outward splendor and wealth which he has regarded as a source of comfort and satisfaction. And then for the sake of it, he is risking himself, sometimes in the name of higher education or sometimes in the name of professional development and so and so...

Due to the Misdirection Of Thinking and then live their life on the basis of this thinking, is totally wrong, he will not get anything with this type of conception. he will not only get into a stressed himself but also destroy himself. As a result of all those things, he will move away from peace and contentment.

It is a matter of common observation that there is no matter how great a position a person may have or how much wealth he may have. if he does not believe the creator of the world (Almighty God) in his heart and does not remember, he will have mental conflict, anguish. With each passing day, he becomes more and more confused, anxious, stressed, and disturbed. His life gets worse with every worldly development.

The life he toils day and night to make it comfortable is slowly becoming a nightmare for him, as he spends his life in order to find peace and contentment in the world. He did not fulfill the divine law required by the Creator.

Conclusion:
The only people who are successful in this world are those who throw off the crown of arrogance and cover themselves with the cloak of humility. So we need to create humility in our lives. You will see that one day The Whole Universe Will Bend For You. Create flexibility in your caste. Arrogance does not adorn us in any way. The ascension of humanity is humility.

Ertugrul Ghazi | A Real Warrior and a Hero of Islamic History

2020-07-28T01:20:00.001+05:00

Nowadays, Both East and West are Stereotypes Arabs in Bad image. They are depicted as rude, ill-spoken, overweight, and terror-related peoples. The simplest example of this is that when a terrorist attacks committed in a Hollywood film, the terrorist is often represented as an Arab. Because along with specific groups, Hollywood also stereotypes of Arabs to Bad Arabs impression.

Arabs are generally representing, and obsessed with belly dancers, billionaires, sheikhs, and bombers and these elements are important elements in the overthrown of the Middle East. According to the young filmmaker named Eyab Zahra, in every film they make, when an Arab says Allah, something explodes.

The sample of the study is Dirilis Ertugrul, a TV series based on the story of Ertugrul Ghazi, the father of Osman Ghazi, who gave the Empire of Ottoman tradition, shows the power of the kingdom. The aim of the study is to explore how the orientalist discouragement was constructed in the series.

Dirilis Erturgul will be analyzed with critics and in this article, the elaboration of the four sessions of the series.

A few months ago, I noticed my children watching a new Turkish TV show Ertugrul Ghazi I've had heard about it from my friends and colleagues. When my son insisting that I should watch it. PTV started airing integral in the month of Ramadan so my children were kind of glued to TV screens at the time of its broadcast. To tell you the truth there I made a mistake of watching one episode with my kids and after that, I could not stop watching it whether in repeat telecast or on YouTube.

The reason I'm telling you this is that after watching the first episode, it became hard to not watch it again correctors of the play the costumes and everything takes you 700 years back and show you the past of Muslims main corrector Ertugrul Grazi on with the place-based and what attracts you to this character of Ertugrul is a sense of justice. Many have fallen in love with the Ertugrul in Europe, Middle East Africa. And millions of people have already watched it in over 60 countries around the world.

Many of them, in Pakistan, is first came to know about it only after our Prime Minister Imran Khan recommended it. You will also be surprised to know that some powerful quarters in the West and the Middle East started criticizing it and disapproved of it, or buried altogether from showing in their own countries. But the popularity of this drama refused to go down. What makes it more interesting is that it is based on true stories and characters. And it shows us an interesting period of Islamic history.

Although our youth has been fascinated with fictitious Hollywood characters like Spider-Man, Xman, or Batman. But through this show, they are now getting to know what the real heroes are like. It also shows that a man with a beard or a woman with her full body covered can also look good and attractive. A lot of people have already made the pictures of her to grow Ghazi their profile pictures is on their social media accounts. The story of plays about the bravery of Muslim tribe, who established history's one of the biggest and lasting empires with the courage, faith in God, and strength of character. The best thing about this play is that all the dialogues of the display can be written golden letters. I consider them golden sayings, and people have started sharing them on Facebook as quotes. I would like to tell you some dialogues or sentences of this play. If you allow the enemy to keep even a piece of stone from our land, then the misery will fall on us.

Those with no dreams have no future, the strength of our enemy, the cause of our bravery. If we fall, the whole Islamic world will fall. As long as we remain firmly attached to our beliefs and traditions. Our heads will not bow, the Islamic flag will not fall. As long as we follow the path of Allah, no one will be able to bring us to our knees. If your heart is pure and virtuous, no evil force in the world can surround you. There is no sword better than Zulfiqar. Furthermore to say that no one on the earth is braver than hydrothermally. The real hero is the one who has the courage to rise again. After he falls down. There are two powers. One is the sword, and the other is intellect. Today, no sword has been invented that can defeat reason or mind.

I'm not afraid of death, but my death will be haram for me if I surrender before dying. The stories of our forefathers are not just lullabies for children, but to awaken the men from their slumber. Wherever a person goes, the sustenance already reaches there.

We prefer death, over betrayal and deception. Allah never leaves those who walk in the path of truth alone. The struggle is ours. But the victory belongs to Allah, who will either become Congress or martyrs, but the sound of our souls will be heard for thousands of years. Disappointed is forbidden for us. We are commanded not to despair of Allah's mercy.

See, if we hear the bangles have covered eyes today out of fear, our generations will crumble at the sight of oppressors. Even if the whole world becomes a tyrant, we will not be afraid of tyranny.

Do not try to ride a horse you can't control. The soul rests in the hands of those who know how to wield it. I will not forgive a traitor, even if he is my brother. I will protect the oppressed, even if they are my enemies.

We will reveal what is in our heart without words and death and the way of growth, even if the whole universe is against you, believe that allies with you. So the most amazing thing to me in this play is that whenever the scene comes, the corrector takes the name of Prophet Muhammad (Peace Be Upon Him)

Everyone else who's there shows respect by bowing his head and putting his hand to his chest. The story of display contains lessons of obedience to God, and the love of the Prophet Muhammad (Peace Be Upon Him) Islamic pride on human welfare. The play also tells how to deal with the conspiracy, cunning and hypocrisy. I request all of you that during these lockdown days, you had the opportunity to spend a lot of time with your family, you must watch this drama along with your family. This is not only to teach children about our history, but to awaken our courage and pride as a Muslim nation. No matter how small your numbers maybe, if you have faith. If you have faith in God, no one can stop you from succeeding.

If we can remember the dialogues, the dramas of the 80s and 90s, then I don't think it is possible that those who watch this drama today will not remember the dialogues of Ertugrul Ghazi. The lessons contained in it will run like blood in their veins.

#Ertugrul Ghazi, son of Suleyman Shah

Ertuğrul was the son of Suleyman Shah, the leader of the Kayı tribe (a claim which has come under criticism from many historians of Oghuz Turks, who fled from western Central Asia to Anatolia to escape the Mongol conquests, but he may instead have been the son of Gündüz Alp. According to this legend, after the death of his father, Ertuğrul and his followers entered the service of the Sultanate of Rum, for which he was rewarded with dominion over the town of Söğüt on the frontier with the Byzantine Empire. This set off the chain of events that would ultimately lead to the founding of the Ottoman Empire. (From Wikipedia.com)

By the way, one question is trending is critics about such episodes, How many times did Ertugrul Ghazi get married? Who is İlbilge Hatun? The questions are asked by the audience of the Resurrection Ertugrul Series. In addition to the question of how many times Ertugrul was married? What happened after the death of Halime Hatun ? and Why he was removed from the series.?

How many times did Ertugrul Ghazi get married?

How many times did Ertuğrul Bey get married: Ertuğrul Bey, who has been living for 93 years, married 1 time in history. He married Halime Hatun, who had only one marriage. With the death of Halime Hatun in 1281, Ertuğrul Gazi also gained the right to the same year. He did not leave Ertuğrul Gazi until his death. He has three sons named Savcı Bey, Gündüz Alp, and Osman Gazi. It is known that he died in 1281. Even now they lie side by side in the same place. The tombs are located in Bilecik / Sogut.

Halime Hatun left the series because the screenplay of the popular series Diriliş Ertuğrul changed in the new season. The death of the show shocked all the audience with tears. No one would be expecting such type of drama story.

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Who is DIRILIŞ: OSMAN GAZI (rahimullah)?

#leaders of the Kayi tribe

Osman (1259-1326) was the leader of the Kayi tribe, who formed an independent state out of which arose the great Osmanli/ Ottoman Empire. Born in 1259, Osman entered a world desperately in need of a leader. In Eastern Europe and the Middle East, several great empires were declining. The Byzantine Empire—the eastern Roman Empire based around the capital city of Constantinople (Istanbul)—had endured for nine centuries but was beginning the long process of decline. (From Wikipedia.com)

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I have finished the four seasons full of every scene I love very much and a very big desire to play with the character of the new season, we ended due to the change of the new season. I am very grateful to you for seeing me like your family and your home from the very beginning to this day because you love me and own it.

I watched the series until Halime Sultan died and could not watch anymore. Because the show is based on history (real-life events), I was so saddened by the loss of Halime and the remarriage of Etrurgrul Bey that I could not watch anymore. It is a very emotional show that brings sadness the majority of the time.

What is the Secret Concept Behind Fast Foods And Reading Books?

2020-07-23T01:19:00.011+05:00

Before we go to the actual topic, Can you feel any excitement to read the title :
What is Secret Behind Fast Food And A Book?

If your answer is "yes", then we already have been attracted you through a unique method of storytelling. Now, this is the time to show that, what is creativity in storytelling and how to use it???

Q- What is Storytelling?

When we describe any event, culture, and activity in the form of education, cultural preservation, entertainment, or to teach moral values. That is called a story. And when someone presents a story at bedtime to his children or someone used it as theatrics or improvisation. it is called storytelling.

An Innovative way of Storytelling:

To create something new it is necessary to think something innovative. Every human brain has the power of imagination to create original ideas but only a few people have the ability to transform it into creativity.

>> Creativity In Storytelling:

As we all know that the world is moving faster with the time so to compete with the time it is necessary for any speakers or performers to convey his message with more clarity and strongly without wasting the time. And for that reason, creativity in storytelling helps us to attract the audience instantly.

Example Of Creativity and Innovation In Sports:

As we all know that 18th-century cricket was only in form of test cricket. Over time, in the 19th century, the world saw a new standard of cricket "ODI". But creativity does not have any boundaries so within a few years we see a new form of cricket T20. Then in the 2017 T10 league Launched in UAE. And Innovation still continues...

In public speaking, Example of Innovative style for getting the attention of the Audience :

A group of former students organized an event to create awareness among students on various topics and they approached highly qualified Teachers to become a part of this function.

Former students and Teachers jointly finalized the event and distributed topics among teachers for the preparation of lectures. But all of the audience are bored due to listening to formal ways of speech which do not have the capability to get attention in this fast and furious digital-world.

Those Speeches were formally started and the teachers gave speeches on Precise topics But One of a unique teacher is prepared for his lecture in a creative way because he believed that we can only convey our message to the people when a person give attention to it, and also have to break the boredom due to last boring speeches. And it can only be possible when the listener is attentive towards you.

Teachers had Delivered comprehensive speeches on various topics. The students present at the event like the speeches very much but continuous speeches on different topics lost the attention of students. All teachers tries his best but unable to get much attention.

The Whole hall full of students suddenly get pin drop silence when a teacher started his speech with an unexpected question "What is Secret Behind Fast Food And A Book". This unique phrase revived a series of attention of speeches at the event. Hence changing the way you speak over time is the hallmark of a good teacher.

Keeping the view in this wisdom, he explained the importance of books in human life and the Disadvantage of fast food on human health.

Creativity in storytelling being used all over the world and most of us also have been using this style. Are Of these, an example of social media is especially popular.

The storytelling way should be in harmony with modern requirements and full of creativity
because it'll become interesting, get rid of boredom and attract the attention of audience .

Self Meditation Technique by Listening Sounds of Silence

2020-07-22T23:46:00.000+05:00

When someone born in this world, never know sounds of humanity, except that newborn baby, used to only feel sound of silents in mother's core and afterward in this world but when they grow up, able to intake knowledge and experiences in their mind that will change their lives and then they become a sensible person that generally differentiate to a human being from all other wild animals living in this world. But this kind of thought process leads this humanity which gives them have a chance to paste unique mark into this universe i.e. called Ashraf-ul-Makhlokaat defined by Islamic Dictionaries.

Nowadays, people are facing a rush in their lifestyle due to the overuse of their mind tools. All of the knowledge and experiences that were good for them, becomes tension, anxiety, and frustration because everyone lost their identity in this rat race of the new tech world, where distance has been broken after internet invention.

Unfortunately, because of these fast-growing technologies, we have missed one important thing that is SOUND OF SILENTS, which is beyond meditation.

You know, they are lucky who live in the third world or underdeveloped countries like Pakistan, India, Bangladesh and other this type Asian and African countries where electricity is a most common issue and they have to face load shedding that is a regular timing in a day fixed it when no electricity exists, every specific area or towns have to face this problem and those are allotted specific time for load shedding by the general electric authority. However, other top-class countries even don't know about that and if you belong to a western/ developed country like the USA, UK, Canada, etc. these some countries are out of this problem. But people living in these types of countries, unfortunately, spend less time with the Sound of Silent.

According to my experience whenever electricity/ lights gone, and deprive from Internet, TV or other latest gadget, so without having all of such network we are more available time in spare, that is used for spending such valuable time with our friends, family and according to our topic, more time to spend, especially with ourself and can be able to experience the Sound of Silent.

It is better to do meditation in your routine but instead of this when you are with yourself and attempt to listen to the Sound of Silent regularly, by doing this you can feel a magical inner sound.

This Sound of Silent is just like a tune in you and it is not suspicious but its always in you all the time from inception of your life to the end of your destiny in this world, is in your subconscious mind. I mean, it remains with you from your birth to your death but only require focus on it.

But I am sure that you never focus on it due to staying busy all the time in this world so if you finding relaxation in your life and get rid of the cluster, the disorganized format of this life so there is only option to start joining the meeting with your natural voice, that is such an inner-sound.

That's why a religious person always getting relax after praying to their God, no one can find this natural energy outside, its always in ourselves but we only required attention to it by focus to listens consciously the Sounds of Silent, it's, of course, will change your life into a new world of your own.