Ten Financial Lessons from Ramayan

1. Safeguard your life:

   You are certainly not Laxman, and there is no Hanuman to fetch Sanjeevani for you.... thus obtain health & life insurance and remember term plan is the best and insurance is not to be mixed with investment.

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2. Establish your budget:

   Establish the financial budget's "Laxman Rekha" and guarantee not to cross it. Understand the contrast between need and want.... be financially disciplined.

3. Contingency Fund:

   Remarkably, Lord Ram experienced being sent to 'Vanvas' for 14 Years and was compelled to abandon his luxurious Palace. Not everybody can reside with such unforeseen changes in lifestyle. Possess an appropriate emergency fund to manage unanticipated circumstances.

4. Exercise Patience/Think Long Term:

   Throughout the 14 years of 'Vanvas,' Lord Ram encountered numerous ups and downs, including the abduction of Devi Sita. Lord Ram waited patiently until the situation was favorable, instead of selecting shortcuts. Stay invested for the long term, there is no shortcut to success.

5. Select advisors intelligently:

   Kaikeyi accepted Manthara's advice... & Ramayan occurred. Stay away from those attempting to sell Lucrative policies, products, and from distributors who disguise themselves as advisors for their own benefit.

6. Construct Corpus:

   Lord Ram, Sita, and Laxman departed Ayodhya with nothing. They patiently built their network and Vanar Sena over the years to achieve the objective of vanquishing Ravan. It requires patience to build a corpus, to conquer inflation in the prolonged run.

7. Cultivate discipline:

   Lord Ram practiced "Dharma" to be righteous, accountable, and disciplined in life. Apply a comparable theory to your life. Save judiciously, spend carefully, and invest wisely for a disciplined financial life.

8. Initiate anew:

   The 14-day Lanka War denoted the overthrow of evil and provided a foundation for a fresh route. Similarly, discard ill-advised choices made in the past and make informed choices to streamline your financial journey.

9. Wealth creation necessitates time:

   If you aspire to create wealth and possess the 'Sone ki lanka,' have the patience to sleep over investments for 14 years similar to what Kumbhakarna had performed.

10. Believe in karma:

    Continue engaging in good deeds, and karma will eventually reach you.