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Sandeep Mall 

@SandeepMall

1 Dec

One morning every month I spend checking out what my savings is doing and any thing needs to be done. It’s frustrating to see that for every 100 Rs I earn, I hardly get 50% to spend. Rest all goes to various direct and indirect taxes. Some tips to create wealth

The smartest thing I ever did, financially, was decide to save a percentage of each salary. I began by putting 10% and gradually increasing as salary increased. Every month without fail. Never to pull out of that fund. The first time I used that fund was for sons wedding.

You make sudden more money and splurge. This can create a problem. So be careful with your spending even if you’re suddenly making more than you thought you would. You also will be unhappy if you chase temporary pleasure with money. Try to live just below your means, than above.

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Sandeep Mall 

@SandeepMall

30 Nov

31 years into the marriage and still happy in the relationship certainly qualifies me to pass down some free ka relationship gyan to others. This pic last year at Rishikesh. This is first time in three decades we are home for anniversary

1. Have realistic expectations. Happily ever after doesn’t exist. Somedays it’s struggle and somedays u feel like the luckiest person in the world
2. Respect is the most important factor in a relationship. Not love, kids, religion, communication etc etc

3. Talk about everything. Most importantly things that hurt. The key to maintain trust is being transparent to each other.
4. Give each other loads of space. Two healthy individuals make relationship work. Give ur partner freedom and independence. Let them be who they are

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Sandeep Mall 

@SandeepMall

6 Nov

As we age we get checkup’s done and work on vitamins,precautions &medicines to regulate our system. One problem that we least care is Sarcopenia - muscular atrophy. Post 30 muscle fibers dwindle in size and number and nerves degenerate. The result is loss of power and strength.

As we lose strength we can’t perform basic tasks like rising from a chair, climbing stairs or even walking normally. Increasing feebleness in turn makes people even less active, leading to a vicious cycle of deterioration. Sarcopenia is an epidemic that needs more attention

Various studies confirm that some form of resistance exercises confer significant metabolic benefits. It will help wading off Sarcopenia in old age. Will also help in osteoporosis, cardio vascular health and depression. So PLEASE BRING IN SOME FORM OF RESISTANCE TRAINING

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Sandeep Mall 

@SandeepMall

29 Oct

When I look back at last 20 years of my life, we fought 6 cancer cases in the closest family- Mom,Dad, Grandmom, Sister, Nephew, Mom In law. Many more in the extended family. And we won all these battles. Some lessons

1) It can happen to anyone. None were into any form of addiction.
2) Money is an important component for survival. Get a big insurance. And insurance alone cannot help. In nephews brain tumour case when best Docs here had no solution, we went to US for a year long treatment

So be thrifty in ur young days. Create wealth. Don’t splurge.
3) Family together is most important. I can’t emphasise enough on it’s importance to fight the disease.
4) Stay positive. Every moment. When happy and when in pain. Don’t try to win sympathy with ur sadness

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Sandeep Mall 

@SandeepMall

29 Oct

I am not someone who believes in diet. Historical data also shows 95% of people who diet to lose weight regain their weight in 1-5 years. Diets are not sustainable. Because they r restrictive in nature. Restrictive mentality does not work. 1/5

People eating less cause more harm to themselves. You know 70% of your calorie burn out are devoted to paying for the most basic needs of your bodies at rest. As I write these tweet, there is little visible evidence but every one of my body’s systems is working industriously..2/5

to keep me alive. My heart is contracting sixty times a minute to pump blood to every corner of my body, my intestines are digesting my last meal, my liver and kidneys are regulating and filtering my blood, my fingernails are growing, my brain is processing these words,..3/5

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Sandeep Mall 

@SandeepMall

15 Oct

As so many people reading The Psychology of Money these days, I thought I will share what I have done since the years. I am neither a financial advisor nor our goals and ways can be same. But I believe general values remain same

1. I have always lived well below my means. When I migrated here and had a meagre salary, never asked for money from my family which was well to do.We don’t pull out of wealth to live. Remember if u buy iPhone 12 pro you may look rich but u will be less wealthy by 1.3 Lacs.

2. I am averse to debt. Except for taking loan for buying one house to live I keep debt away. That also was repaid as fast as possible. No loan for more real estate investment or personal expenses or holidays.

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