When You Don't Read The Fine Print !

When You Don't Read The Fine Print !

A very important lesson most of us are going to learn about our finances , probably the hard way , is this strange thing called the ' Fine Print ' !

I still am perplexed by this strange method or style of these Banksters for giving us the worst side of the deal in the Fine Print !

Whenever , we ordinary people go to these financial institutions for our major drama of life , we are set against a strange character ! They will advertise as the most friendly and helpful people who are going to help or guide us to establish a stable living in an uncertain and unpredictable life ! This strange character actually makes us believe that they as bankers are really there to help us !! What a 

sad deceit and dishonourable way we get trapped by these sweet talking characters ! 

I sound upset and angry ? yes , I blood am !

First whenever , we go to take loans from this financial institutions , we are made to feel intimated by their aura ! The tallest buildings in the city ! The very official looking rooms that we are met in ! Their dress code and the whole atmosphere is created to give a cool chill down the spine ! We are made to appear as though we are begging to be helped and they , the mighty are going to help me ! The very set up is a con game ! Ooops ! That is a rather strong word or term I have used ! Getting emotional , am I ? When you have been hurt and left high and dry because of a small technical clause , you too will feel like I do !

Now , the story .

After years of hard work , that too honest hard work , I felt that I could buy a property for investment. I did get a wonderful property in the very heart of a major city in the world . Great investment location . The builders , brokers and the bankers all agrees that it was a great investment property ! I , being the greenhorn , newbie or simply immature to the ways of the world felt wonderful.

All went well , a very thick looking document called the contract was brought that I had to sign as agreeing to gods knows what ! Basically , my understanding is that I will and promise to pay the bank it's monies as interest . I was made to feel that I am on the right track to become the next property tycoon ! Anyway , looking at those thick loan contracts , I thought that at least , I should read them as I am putting my signatures . But , the bloody contract papers were just too thick and also too technical in their language ! Legal terms and language is another clever way to make us feel confused and lost , even if we or you think you are well educated ! 

When they saw me trying to read , they just appeared shocked and annoyed ! They told me to just sign as all are standard contracts ! Well , I did just that ! I signed ! 

All went well till after about 5-6 years , when I got a letter from the bank demanding all their money back as it was as per the contract ! Of course , I was shocked and taken aback ! How can I settle the huge amount in 2 weeks ! I asked the reason ?! Reason given is that once I pass 60 years , the loan has to be settled ! Why ? I am healthy , strong , still working and really enjoying and doing fairly well as a simple medical doctor . As per their reasoning , I have become a risk factor !! But , the property is still here with the bank !

I went to great lenght to reason that the said property is with them . The property is giving good rental and I have never even once defaulted on my payments . My track record is good . Okay , well , if they want their money back , give me sometime to think , make arrangements or even sell the property . It will take some time and meanwhile nobody is loosing any money !! The interest owed to the bank is going regularly to the bank ! That is what the bank is there for anyway ! 

Everything felt on deaf ears ! No amount of reasoning made any difference to the great mighty Banksters ! They can give a chance provided I disclosed all my other asserts and monies ! 

The end of this great saga was that the property was taken away and sold and I labelled as a defaulter and my status was that of bad credit ratings !! Hahahaha !! What a F@#% situation , to say the least !

As the drama was unfolding , I went within to my inner space and connected to the energies of detachment ! They advised me to just let go and enjoy a new lesson in my journey of life and living !

That I did , and here I am sharing another one of my financial ventures !

Hope you found it useful or helpful . Please, be very careful when it comes to this character called a Bankster ! There are simply no friendly banks or banksters ! 

I have been hurt as I lost my hard earned money . I maybe biased or prejudiced or whatever , maybe a fool or even mad ! I don't care, you just be careful !

And yes , Please read the Fine print ! 

Now I have expressed  my feelings and shared to you all, it feels good !

Take care and will meet soon . 

Amar.

What do We do with this Dependence on Money !

What do We do with this Dependence on Money !

This is a big issue in our modern culture and civilisation . What do we do with this dependence on money ?

The importance , status , need , want and relevance is so high in our lives that we have actually and practically become slaves to money ! We are all trapped and it is not getting any better !

Our real joys and passions are always being pushed aside or rejected  when it comes to this great reality of money . Money rules our life !

I have studied and seen what it has done to us all . I have seen how young and intelligent people are trapped and do not know what to do . It is the greatest catch 22 situation ! The sad story is that in today's world we are caught even before we start working ! Higher education and University seems to be the place we sell our souls !! I do not like to say such hash words , but , I have seen the lost , sad , worried and anxieties on countless faces . It is also not going to get better for the youngster of tomorrow ! 

I have seen young people who have to leave homes and commute to work . It takes hours in today's modern cities . They work in some faceless place till late evening and than come back all exhausted to just go to sleep ! This drama goes on the whole week and by weekend they are just too tired to do anything !! We call this modern living ! OMG ! What shall we do !

This young people are really trapped . If they don't work , they cannot pay their loans for this and that.

I have taken the trouble to actually sit with many young people and tracked how their money flows away ! By the end of the month , after paying off their bills and loans , they are left to still breath to start a new month ! We call that living !

I have thought off many ways to overcome this sad state of affairs . From the real ridiculous to some good reasonable possibilities . Whatever the ways around this situation , it is really serious matter .

I feel and think we are not going to get much help from our present leaders as they are still very busy with some other issues that will take awhile to be settled ! So, let us sit and think of ways out of this very deep hole ! I am always confident that a way will be found or it is already there !

I am glad that at least , we have this platform to express these issues .  I am also very glad that there is so much connectivity among us , the people !

We will definitely find a way . 

Please let me know your comments . 

Take this seriously . It is not going to simply pass away , unless we do something .

Till we meet again , take care . 

Goodnight.

Amar.

Money is just Beautiful !

Money is just beautiful !

Money in any form and from any where is beautiful ! Money is just a wonderful expression of the potential and possibilities that one can have or do ! How you do it or what way you do it, is  you wish . Abba , a musical group from Sweden sang a song , Money , money , money . I use to hear a song in my youth , sang by the Beatles , a British musical group . They expressed that money cannot buy love . Money has been an emotionally charged entity . We love it , we hate it , we abuse it or we use it . Money does not care ! Money is a power like any other power that is neutral . It is up to you to give it direction . You can buy guns or you can buy food is your choice !

Whatever said and done , we who are living in this present culture and civilisation have to come to the realisation , that we  have to acknowledge the importance of money . It may not take away all the pain of living , but , it can certainly reduce the suffering that we go through ! It can certainly give much comfort to ones lifestyle . It can bring much joy in so many ways in our life . It can bring a certain sense of self-esteem and confidence when one has money in ones pockets or handbag . I know from my personal experience . When I have a big fat pocket full of money , I walk with a certain air of , like I own the world !   I still remember , walking into a very expensive up market boutique for leather goods. They welcomed me wonderfully as I did look like I could buy over their shop ! I was shown shoes that were really beautiful and well crafted . The price too was just as wonderful ! 5000.00 in my currency ! It was expensive in short . Normal good shoes are between 10-20 % of that expensive price. I enjoyed my short adventure with them . I was not sure how I will live with those shoes ! I still have to wear them and walk on the same roads where all the normal muck is . I will still have to leave the shoes out when I visit family , friends and any holy place in my part of the world . My concern will be if my pair of shoes will still be there after I come back to collect them ! Those shoes are going to be my source of stress !

Money is beautiful , but I do not need that kind of money that will bring stress into my life .

I should be able to give and care to whom I feel like and not have to worry if people around me are genuine or there for my money ! 

All said and done , money  never lets you be dull ! There is always adventure with money. 

I have gained and made money , I have also lost money and felt s sense of emptiness ! Money brings out many strange and wonderful sides of our personalities and character .

Say what you like , I have to tell you that you have to show some respect to this magical entity that we call money . The sooner we do that , the sooner we can go on living our life on our own terms !

You want to stand as a tall poppy or just be like a common weed , it is your choice . Both have their pros and cons . I have seen enough to share with you that a certain balance is good . Millionaires who behave like paupers and paupers who behave like millionaires is common experience that I have seen.

Sometimes we are too secretive and at other times we just want to flaunt our richness as though we have come from Richistan ! 

In my conclusion on my rumblings on money , I will say , it is good to have a fair amount of money to get some comfort and also some respect . And , perhaps also have some love !

Till we meet again , enjoy.

Dr Dhali /Amar.

Creating Money Out Of Thin Air !

Creating Money Out Of Thin Air !

In my search and understanding of the mysterious of money , I came across a phrase that was used by many people in the world of creating wealth . They talked of creating money out of thin air !

Now that was certainly a place I wanted to be in ! I definitely wanted to know how to create money out of thin air !

That lead to me reading books on financial matters . I wanted to know how money was created . What is the concept of money . Who or what are Capitalist . I realised that I needed to go to the very roots of this thing called money that had such a strong impact on all of us humans on the planet  Earth.

Smart people realised that some items are asserts and some are liabilities . Asserts go up over time due to inflation ! Wow ! that was a great discovery for me . What is inflation and why do we have inflation ? Inflation is a mystery in the sense that the price of some items that are really needed and can become scarce due to demand or due the cost of production or many other factors . Whatever the reason given by the experts , the fact remains that some things will go up and some will go down .

I learned from these smart money people that property is one such item that will usually go up in value over time !

Most smart money people either made good money from properties and did other things to make more money further or after they made money , they parked their money in property !

Well , all we need is knowledge and then take action . I went to work on my new found understanding  of expanding or increasing my wealth .

I further also learned that the Banks and other institutes of money were always willing to give money for properties provided you meet the terms and conditions of these banks . They were willing to give you a loan for you to get your property . All you needed to do was to place a small deposit and the rest was given by the bank . Wow , that sounded even better ! I learnt another new phrase known as OPM ! It simply means , other peoples money ! We use other peoples money to create money for ourselves ! The magic of creating money becomes more and more interesting .

So , now , we go get a property and let the bank give us a loan . Then we rent the property and wait patiently for the inflation to do its magic ! If all the factors are done well then the outcome is short of a miracle ! Money is really made out of thin air !

I will end my short and brief blog here. 

Till we meet again . Keep making money or that least create some great ideas on ways to create money .

Take care. Dr Dhali / Amar.

The Magic of Money and Beyond !

The Magic of Money and Beyond !

Today , It is Christmas ! What has money to do with this beautiful festival ?

People say that money is the root of all ....... !

Whatever people say , I tell you that having money is the most wonderful thing we can have !

Money is an energy entity that can bring plenty of fun , joy , happiness and fulfil to our many needs.

It's true that money may not be able to buy love , but it can buy plenty of things to  make people want to love you !

Give a poor hungry person a good meal and you will experience a joy and warm feelings in the eyes

of those you cared to share you kindness .

I actually feel that money can give birth to love ! 

Having said that about money , I also want to make a strong point about giving .

Giving is physical and non-physical and more .

If you can give money in any form , it is wonderful . My point is give freely and comfortable but don't

get stressed in giving ! That's not good for you and anybody .

If money is scarce , then there are so many other ways to give .

Go beyond money and see the magical world of love , kindness and compassion .

I just want to high light that money is wonderful , but we beings are beings that feel .

The only currency to feelings is Love that makes us expand with joy and happiness .

Money can buy you whatever gourmet foods,  but you need some appetite which money cannot buy !

You can make a luxury house but you need love to make that into a home !

So ,the wonders of money are great but greater still is being aware that real goodies of life and living are beyond money !

Share and give money but don't please place yourself in any stress and pain doing that .

Thank you and keep enjoying this wonderful festive season .

Love to all . Amar.

Lessons in Liabilities and Asserts !

Lessons in Liabilities and Asserts !

It's a great day to share my finanical ventures today ! After my last post , I had to write this post .

Yesterday I wrote how the limited mind set can keep expanding . It's up to you where you want to go .

I realised very soon that there are no limits to our growth in any thing here on planet Earth ! 

We all have unlimited potential yet are trapped by views or opinions of others who limit us !

Once you understand that reality and truth , you are now free to fly !

I saw my thinking around simply buying cars ! From unable to buy a car to being able to buy any car without a blink of an eye ! How did that happen ! Just read my last post or I will simply explain again . 

It's taking baby steps and expanding the possibilites and potential within ! From unable to than  being able to buy a car over a phone valued at nearly ringgit 200,000.00 ! That too about 25 years ago !

Now begins my journey towards being wise and mature in matters of money . It's a long winding journey.

My expensive dream car was fun and enjoyable to have and drive . It was a pride and ego booster at most . When I decided to sell it in less than 3 years , I was shocked and surprised to know that I could not get anyone to buy it from me for even Ringgit 120,000.00 ! Anyway I sold it before it lost more value . That was and is a good lesson for me about something known as labilities ! Some things just go down in value and yet somethings go up in value !!

How or why does that happen ? 

I learnt further lessons in the great and mysterious science or art of economy .

There is law in economies that explains that there is a demand and supply law .

If people want something , than the value goes up . Otherwise it goes down !

So, labilities are when there is less or no demand of things . Prices go down . It's that simple .

If people want something , prices go up and it becomes an assert . That's it .

I sold my car and have never gone to buying anything that expensive again .

I have a car that I bought in 1999 and than too, it was 2 years old !

A car 16 years old must be really old or perhaps becoming a vintage !

My car is wonderfully good and looks good too !

My secret is simple . A car is just parts of metal and other stuff . I have learnt to refubish my car in parts . Every 3 years I will respray my car with a new paintwork . Every few years I will change my front lights and panels to the latest model . Interior of the car is also regularly upgraded. Good leather sitting and improved sound system too . My engine is always maintained perfectly by an expert.

So, I have an amazing car that runs like a cheetah ! Smooth as silk ! Shines like today !

The present value is shocking ! Market value is less than Ringgit 12.000.00 ! Am I worried ? Concerned ? Not at all ! 

Do I need to boost my ego ? Never . My aging body or let me be kind to my own body is going fine at 65 years plus ! It's the inner glow that shines now !

Having said about the concept of labitities , there is a value only you will know that defers all such laws of economy . Your pleasure and love of what ever you have is priceless ! 

Liabilities are for man-made laws . We Humans have laws that are infinitely priceless ! 

How do we price peace, happiness , joy and love ?

We are busy chasing GDP when a tiny country called Bhutan is practicing GHP ! They pracitce Gross Happiness Product or whatever !! What a joy to know a small kingdom in the Himalayas is ahead of the rest of the smart world ! God bless them .

Good bye for now . Till we meet again, take care and yes, please be happy !

How our Money Blueprint Grows !

How Our Money Blueprint Grows !

Just sharing a small story from my life experiences on money .

I started working and was always walking to work ! Just could not afford a car ! While that was in India . My starting salary was Rupees 300.00 ! Hahahahah . It's about US$ 6-7 /. for 30 days of working !! I had a female colleague who just got married to a Millionaire ! She was chauffeured to work for the same work and pay ! If she saw me walking , she was kind enough to give me a lift .

That was my start to the world of working and understanding the value of money.

After that I came back to Malaysia and started work as a houseman . Well my pay was double !

Now , I was earning Ringgit 600.00 ! It's about US$ 180.00 for 30 days too . That was a good jump !

Still I cannot afford a car . Here my grandmother comes to my rescue . She had an old vintage English car lying in her garage and just crumpling down naturally . I managed to get that car moving and was a very proud young doctor driving around . Towards the end of my houseman , I actually went to the bank manager to borrow Ringgit 2000.00 so that I could buy my own car ! I got my first loan fast.

Most good cars were around Ringgit 7000.00 . No, not new cars ! This were fairly decent used cars . It was no where near my financial situation. I did a brainstorming on how to get my car with my uncle, also a struggling doctor ! We came out with , a so-called brilliant idea. Some big American cars were going for a song because they were petrol guzzlers . Why not buy one of those Fords and just top up the petrol . After all I am buying the car cheap . That's where my Ringgit 2000,00 went . It was a huge car for Malaysian roads . I enjoyed my petrol guzzler for sometime . Money was just dripping away from my pocket . Finally, I managed to get another average car that appeared and kind to my pocket. My American car was left to decay or crumple as no one wanted to touch it .At the end it was sent a scrape yard ! 

Now I had an average decant car by Malaysian standards . By this stage of my career I was doing my psychiatric work cum studying . That's when reality hit me to the importance of this entity called money. I was getting very tired of struggling to look after my family and me . Decided to leave working as a wage earner and start my own medical practice . 

Within a few months I bought a smallish Japanese car , Honda Perlude ! That was a fun car to drive . I was already tasting a new life . My Honda Perlude cost me Ringgit 19,000.00 . Now you can see that I am getting comfortable and confident towards money! 

Now comes the big jump. After about 4 years being in my own business , I felt I wanted to have an image of success ! Why did I needed to show that !? That was the given opinion of people around me . So, I thought I better go with the flow.

I decided to buy a German car , Mercedes Benz.The so-called symbol of success in my country or probably in most countries. I planned my budget to be around Ringgit 50,000.00 . Well, if the car is really to my liking I will go another Ringgit 5000.00 . With that in mind , after much thinking I started looking for my ultimate car !

In no time a Mercedes was brought to my place . The salesperson was a seasoned 50 plus years old. Matured and know his job . He told me that the price of the wonderful car was Ringgit 60,000,00 !

I felt very uncomfortable and was struggling with my own self limit that I had set. My maximum was not over 55,000.00 . Now what to do as they were not budging. They had good reason as the car was priced right . I sat there perplexed and wondered. A dear friend was with me to give support . He saw my perplexed state and explained to me that there was nothing to get too confused with the decision making . He told me that if can afford 55,000.00 than another 5,000.00 is no problem . Anyway, I am not buying my dream car cash . As I am taking a loan from the bank , what difference does it make if the loan is paid an extra few more months ! 

That was my ' Ah ' moment ! Yes, that is it ! 

So, that is how I got my dream car . I would now see the reasoning and was comfortable with such a big step in my financial journey .

After 3 years , I decided to up grade my car to the latest model . 

Now , sitting in my office , I rang my car sales people and told them that I wanted to get the latest model. I wanted the model with all the trappings of comfort.

The new price was a whopping 180,000.00 . I did not even blink an eye !

Over the phone , I bought a 180,000.00 car ! What is there to fear . I learned to take care of the monthly payment , which I could easily . 

So, that is my expanding journey on money !

Well, that was the last time I ever bought a car in that price bracket .

The next phase of my financial journey for another day .

Thanks for being patient. 

The simple moral of the story is to show how we Humans are fascinating and strange creatures .

We set our own limits and than we struggle to go beyond those limits !