8 Financial Lessons to learn from Ramayana
1. Get your Life Secured: You are not Laxman, and there is no Hanuman for you, who can get Sanjeevani for you. So get Life Insurance today.
2. Set your Budget: Set "Laxman Rekha" of your financial budget and make sure that you do not cross it due to luring online discounts. Understand the difference between needs and wants and be financially disciplined.
3. Contingency Fund: Have an adequate emergency funds to handle unforeseen circumstances as Lord Ram was sent to "Vanvaas" for 14 years and was forced to leave his Luxurious Palace.
4. Be Patient and Think Long Term: Stay invested for the long term, there is no shortcut to success in the financial assets. As Lord Rama was patiently waited until the situation was favourable to him.
5. Choose your Advisor wisely: Mata Kaitkey listened to Manthara's advice and all were got sad.
6. Build a Corpus: Lord Rama built the Ram-Setu along with patience. Likewise, to build the corpus, to defeat the inflation in the long run.
7. Cultivate Discipline: Lord Rama is also known as "Maryada Purushottam" with disciplined in life. Likewise, we need to save judiciously, spend carefully and invest wisely to lead a disciplined financial life.
8. Wipe your slate and start over: Forget your bad decisions that you would made in the past and make right and informed decisions to streamline your financial journey.
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