We all need to learn to open up and expand .
First Scenario
We start to contract , we always think in terms of ME. Always such thoughts arise in our minds as
• What about me?
• What will happen to me?
• How can I get this or that?
We start moving within a shell. We need to realise we are closing ourselves from many good things in life.
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Working mothers have a dilemma and a guilt feeling on that whether they are ignoring their children for the sake of career? Some mothers work for their career development and some work due to financial constraints. Whatever the case be points go both for and against working mothers.
Points in favour – for the working mothers:
Good news for working mothers is that they act as a role model for their children – a strong , confident and independent figure. Children look up to their mother as a figure who carries herself well and it gives them good feeling about themselves and their mother. Children look up to be like their mothers –independent and growth oriented.
Children become independent from a very young age.
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Remember first step in achieving anything is conceptualisation and intent setting. Thought power is very great and this can lead us places.
You need to answer these questions for yourselves which lead you to set vision for yourself i.e. how you want your life to be ?
Look into yourself and create a vision and mission for yourself.
Q1. a) What are my fundamental beliefs? What is my value system which forms the foundation of how I work and conduct myself?
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Mr. X: What happens when you are doing something with passion and dedication and someone comments that you are not doing it properly , there are lapses in your working style and you are required to undergo a training for improvement???
Mr. Y : Oh! I feel lot of pain and turmoil inside me. I feel I am putting in sincere effort from my side and this is the credit I get for my work. I feel terrible and as if all my reputation is at stake. I feel like retaliating or leaving the work what I was involved in.
Wait a second!!! If these are your thoughts wait for sometime. Continue Reading on our website platinumlearningmate.com
Finding a mentor is very important in Life.
Mentor in todays world is same as what we called a MASTER in ancient world.
Mentor is like a propeller in a rocket, as an engine in a train. He is a person who has the capability of looking into the gifts you have with you , the capabilities you have with you and guides your capabilities in right direction. He is a person who has the capability of taking the best out of you and holding you when you fall.
Once you find a right mentor in your life nearly half of your journey on the path of your dreams is achieved.
First Step:
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Recurring Deposits are a special kind of Term Deposits offered by banks which help people with regular incomes to deposit a fixed amount every month into their Recurring Deposit account. It is similar to making FDs of a certain amount in monthly installments.
Maturity Value = P*((1+R)^N-1)/(1-(1+R)^(-1/3) )
Amount invested each month, P = Rs. 1000
Rate of interest ,R = 8%
Compounded Quarterly ,therefore rate of interest would be
R = 8% ÷4 = 8/400 = 0.02
Number of quarters over the duration of 5 years,
N = (5 X 12 months) ÷ 3 = 20 quarters.
So,
Maturity Value=1000 * ((1 + 0.02 )^20 -1) / (1- (1 + 0.02)^(-1/3))
For Ms Excel type = 1000 * ((1+ 0.02)^20-1)/(1-(1+0.02)^(-1/3))
When you press the enter key you will get
Maturity value= Rs. 73861.87
Inflation is defined as a sustained increase in the general level of prices for goods and services. It is measured as an annual percentage increase. With the rise in inflation , every dollar or rupee you own will buy a smaller percentage of goods or services.
The value of a rupee or dollar does not stay constant when there is inflation. The value of a rupee or dollar is observed in terms of purchasing power, which is the tangible goods that money can buy. The purchasing power of money goes down with increase in inflation.
For example, if the inflation rate is 3% annually, then theoretically a $1 or Re.1 chocolate will cost $1.03 or Re.1.03 in a year. After inflation, your rupee or dollar can’t buy the same goods it could beforehand.
= 10000/(1+2%) ^ 10
= Rs 8203 or $8203
It is usually seen in most of the homes that children are busy watching television or playing while parents are doing all the household work.
Parents think that the children are too small to be involved in the household work .
Children are already doing so much of work and are so much stressed and burdened by their study schedules so why burden them more???
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Teaching Children Interpersonal Responsibility:
Teaching interpersonal responsibility means that children should be taught to take up responsibility of their behaviour while dealing with others.
• Children should be taught compassion i.e. how other person feels .They should be taught to respect other person’s feelings.
Example situation 1:
Brother: Mummy why is Disha(sister) sad today? (Brother asking about his sister)
Mother: Disha(sister) lost in the tournament. Do you remember when you lost in running race ?
Brother: Yes, I remember I was very sad and down.
Mother: So, what will you do?
Brother: I will give her a big hug and take her out to play.
Example situation 2 :
Brother: Mummy why is Disha so happy today? (Brother asking about his sister)
Mother: Disha won the tournament. Do you remember when you won running race ?
Brother: Yes, I remember I was very happy and escalated. I wanted to share my happiness with someone.
Mother: So, what you will do?
Brother: I will give her a big hug and celebrate her joy with her.
Teach children to be sensitive to others feelings. Teach them to share the joyous as well as sad moments of others.
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As parents we should strive at teaching responsibility to our children very early in life. We should help them to grow up as responsible adults. There are different levels of responsibility-
• responsibility at personal level(personal responsibility)
• responsibility in dealing with others(interpersonal responsibility)
• responsibility towards home and parents
• responsibility towards society and country
Personal responsibility:
Children should be taught to take up personal responsibility.
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