Introduction: Lost in the Race, Forgotten ‘Enough’.
In the relentless pursuit of wealth, we find ourselves caught in the rat race, often forgetting to pause and ask a fundamental question: how much is truly enough? Reflecting on my own journey, I recall that as a child, I believed having 10 lakhs would make life heavenly. However, with time, my aspirations escalated; from dreaming of 1 crore, I eventually aimed for 100 crores, influenced by societal notions of luxury. Reading “The Psychology of Money” by Morgan Housel unveiled a universal truth – this desire for more is an endless cycle. Even the wealthy yearn for greater wealth: Michael Jordan eyes Jeff Bezos, and Bezos eyes Elon Musk.
In a moment of contemplation, a lingering question emerged within me: “What is the threshold of sufficiency?” Turning to the wisdom of my guru, Acharya Chanakya, I discovered his profound insight: “
the moist important thing for a happy life is satisfaction. If you are satisfied with life then there will be no problem in your life.”To be satisfied , one must know how to control his senses. No one is happier than the person who is satisfied by controlling his senses.”
Thus began my quest to explore the concept of “enough.”
The Cost of Chasing More: Tragedies Unveiled.
Conversations with my friends opened my eyes to some harsh realities. One friend had spent ten years building up money, but lost it all in just a few months by trading in ways that were very risky. He was convinced by his colleagues that he could make more money quickly by trading instead of saving for a small piece of land.
Another friend shared that their family ran a chit fund, but things went wrong and they lost all the money they were taking care of for others. This led them to bankruptcy.
While growing up, I saw many people from lower middle-class families lose everything because they hoped to get rich quickly. They gambled all their money, even the little they had, just to avoid the shame of being broke.
My own family also struggled with money. We had times when we had to walk a long way to save a small amount of money, just to buy a simple snack.
Seeing all of these situations shaped how I handle money. It made me wonder: Is it really worth it to chase after money so much that we lose out on life, time for ourselves, and our self-respect?.
Purpose and Passion: The Dual Pathways of Life.
As we progress through life, our selection of business or profession naturally transforms. For certain individuals, their work becomes a channel through which they find a profound sense of purpose and fulfillment. However, contrasting this, there are those who find themselves trapped in roles that bring about dissatisfaction and resentment.
Irrespective of the specific circumstances, the notion of constructing a financial corpus gains paramount importance. This corpus serves as a reservoir of financial resources, a reservoir that is integral to attaining a state of financial independence. This state liberates individuals from the compulsion to work solely for monetary gain, thereby affording them the luxury to delve into their passions and interests with unbridled enthusiasm.
In essence, the strategic accumulation of wealth doesn’t solely cater to material acquisitions, but rather, it acts as a conduit to a more profound form of freedom. This freedom extends beyond merely quitting a disliked job; it empowers one to explore their innate potential, nurture their creative endeavors, and lead a life aligned with their true aspirations.
Unleashing the Potential: The Miraculous 2 Crore Corpus.
Let’s consider a scenario where an individual, through ethical means, manages to accumulate 2 crores in their business or profession. Imagine this sum being invested in an Indian index fund, which hypothetically yields a 9% year-on-year return (being conservative here, considering that historically NIFTY has averaged 12%). Suppose this person withdraws 1 lakh every month for 30 years, allowing the remainder to continue compounding. Surprisingly, at the end of these 30 years, the corpus would still amount to a substantial 10 crores!
This prompts us to question: do we truly require such a substantial amount of money? With age, our need for extravagant luxury often diminishes. By having comprehensive health insurance in place, monthly expenses could be significantly reduced.
After conducting this thought experiment, I found myself taken aback and pushed to delve deeper. Could I realistically aim to amass 2 crores and attain a form of financial independence? Certainly, this wouldn’t imply ceasing work, but rather, it would infuse a heightened sense of confidence and contentment into life. Wouldn’t that be a valuable achievement?
I’m not certain if 2 crores is “The” figure that applies to me. What I wish to emphasize to the reader is that each individual should take a pen and paper to ascertain this number. Without doing so, breaking free from the rat race can seem nearly impossible.
Here is a tool that could help you to speedup in the process https://cleartax.in/s/swp-calculator.
Embracing Authenticity: Escaping Unfulfilling Pursuits.
Upon reaching the juncture where our accumulated corpus is capable of consistently generating the desired monthly revenue while also undergoing substantial compounding, a pivotal decision arises. This crossroads invites us to consider bidding farewell to the professions that evoke our disdain or the jobs that no longer kindle our interest. The financial security provided by the self-sustaining corpus can empower us to relinquish roles that once held us captive in the pursuit of monetary gains, paving the way for new chapters aligned with our genuine passions and aspirations. This transition signifies a transformative shift from obligation to choice, from the compulsion of necessity to the liberation of fulfillment.
Dharma’s Light: Transforming Desires into Destiny.
Here come the natural question how do i find my passion?
Well its not that easy to answer , but not difficult either …
I can only quote some awakening links from the Sanathana Dharma.
Dharma is your unique purpose in life. It is the process by which you use your unique skills and passions to serve your community and the world.
There is a phrase in the Upanishads, one of the great Indian texts, that says:
” You are what your deepest desire is,
As is your desire, so is your intent,
As is your intent, so is your will,
As is your will, so is your deed,
As is your deed, so is your destiny. “
Wisdom from Mahabharata: Navigating the Battle Within for a Noble Life.
As we embark on the quest to discover a meaningful purpose for our lives, it’s crucial to bear in mind the insightful encapsulation of the Mahabharata by a wise individual:
“Mahabharata in a metaphorical way: the battle of Mahabharata is, actually, the battle between the good and evil present in ourselves; this means that we are composed out of forces of evil and of good. Our mental condition is not void: forces of evil and of good are present in us. Therefore, we cannot wait and see: we ought to take a decision on our moral constitution.”
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Disclaimer: This blog post is intended for informational purposes only and should not be considered as financial advice. Always conduct thorough research and consult with a qualified financial professional before making investment dec