There are two worlds of knowledge:of sound and words. The word of language is ruling the world but very few can analyse or realise the world of sound. Sound and music connect the world. language creates barriers and discrimination.
Ustad Amjad Ali Khan
•Imagine there is a bank that credits your account each morning with $86,400.
•It carries over no balance from day to day.
•Every “evening” deletes whatever part of the balance you failed to use during the day.
•What would you do?
•Draw out every cent, of course!!!!
•Each of us has such a “bank”. It’s name is TIME.
•Every morning, it credits you with 86,400 seconds.
•Every night it writes off, as lost, whatever of this you have failed to invest to good purpose.
•It carries over no balance.
•It allows no overdraft
•Each day it opens a new account for you.
•Each night it burns the remains of the day.
•If you fail to use the day’s deposits, the loss is yours
•There is no going back. There is no drawing against the “tomorrow.”
•You must live in the present on today’s deposits
•Invest it so as to get from it the utmost in health,happiness, and success!
•The clock is running.
•Make the most of today
To realize the value of ONE YEAR…. ask a student who failed a grade
To realize the value of ONE MONTH…..ask a mother who gave birth to a premature baby
To realize the value of ONE WEEK……
ask the editor of a weekly newspaper
To realize the value of ONE HOUR……
ask the lovers who are waiting to meet.
To realize the value of ONE MINUTE….. ask a person who missed the train.
To realize the value of ONE SECOND….ask a person who just avoided an accident.
To realize the value of ONE MILLISECOND…..ask the person who won a silver medal in the Olympics.
•Treasure every moment that you have!
•And treasure it more because you shared it with someone special, special enough to spend your time. And remember that time waits for no one.
•Yesterday is history.
•Tomorrow is mystery.
•Today is a gift.
•That’s why it’s called ….the Present!!
•Friends are a very rare jewel, indeed.
•They make you smile and encourage you to succeed.
•They lend an ear.
•They share a word of praise, and they always want to open their heart to us.
•Show your friends how much you care.....
You only loose energy when life becomes dull in your mind. Your mind gets bored & therefore tired of doing nothing.
Get interested in something.
Get absolutely enthralled in something.
Get out of yourself.
Be somebody! Do something.The more you loose yourself in something bigger than yourself, the more energy you will have!!!!
"Imagine life as a game in which you are juggling some five balls in the air. You name them - Work, Family, Health, Friends and Spirit and you're keeping all of these in the Air. You will soon understand that work is a rubber ball. If you drop it, it will bounce back. But the other four Balls - Family, Health, Friends and Spirit - are made of glass. If you drop one of these; they will be irrevocably scuffed, marked, nicked, damaged or even shattered. They will never be the same. You must understand that and strive for it.”
Bryan Dyson, CEO (Coca Cola)
Attitude: If you have a positive attitude towards life, everything else will follow.
Be better: In whatever you do, at work or at home, strive to perform the task better than last time you did it. Learn something new each day. Goodness is a deep gorge, which human has been discovering since time Immemorial. The more deep you go, the better it gets.
Cry: when you are sad, crying is your body's way of letting go.
Decisions: Make wise decisions and stick to them. The decisions you make today affect the life you'll live tomorrow.
Encouragement: Make it a habit to encourage yourself and others, especially when things aren't going well. Be a source of strength to those around you. Its best to do and not to tell, than to tell and not to do it.
Friends: Make new friends, keep old ones, and let go those who are a negative influence in your life.
Giving: Do something for someone for free. Feel the satisfaction of bringing joy to someone else's life. There is more happiness in giving than in receiving.
Holiday: Now and then we all need a break from the stress that comes with daily living. If you can't afford to travel, why not spend a weekend at a friend or relative's house or at a nearby lodge? The change of environment will do you good.
Inspiration: Surround yourself with people who are motivating and inspiring- the chances are it will rub off on you. Write down your goals and your favorite inspirational quotes and stick them where you can see them everyday.
Jokes: Laughter has been known to reduce stress, so laugh a lot. Buy a book of funny jokes and read them when you are feeling low.
Kindness: This is a virtue that's hard to find these days. Cultivate it and you'll be as rare as a diamond.
Love: "love is patient and kind. It does not envy or boast, it is not proud. It is not rude, it is not self-seeking, it is not easily angered, it keeps no record of wrongs. Love does not delight in evil but rejoices with the truth. It always protects, always trusts, always hopes, always preserves. Love never fails" This wonderful definition of love is found in the BIBLE in 1 Corinthians 13. See if you can match up by trying to substitute the word "love" with your name.
Move: When you fall do not stay down. Instead, get up and keep moving, no matter how difficult it may seem. Always try to make good perspective and manner a part of life.
Nature: Enjoy nature. There's so much to learn about it. Take care of the world and the environment around you as you would take care of a house you are proud of. Do not litter and destroy nature-you are not creating employment but poverty.
Opportunities: Keep your mind and your eyes open for new opportunities. Sometimes they present themselves in areas where we least expect them. Grab them before someone else does, and don’t let fear stop you.
Pray: A conversation with your maker is worth every minute. Make time to speak to him on a regular basis, through good times and bad.
Quit Quitting: There is an Ethopian proverb that says: " Smooth seas don't make skillful sailors". Finish what you start. Don't just give up when you are faced with an obstacle.
Relax and Rest: Get enough sleep. That way you start the next day feeling refreshed and healthy.
Seek success: Your success is not measured by how much money you have. Aim for success in all aspects of your life, as a parent, as a worker, as a lover or as a friend. Just don’t spend life-Live. Just don’t touch-Feel. Just don’t see-Contemplate. Just don’t read-Follow it. Just don’t listen-Understand.
Success is a Journey. The way to success is only a right perspective.
Time consciousness: Value your time and other people's time. Procrastination steals time and gives no rewards.
Variety: Variety is the spice of life and it also increases your creativity. Be friend someone who has a different background to yours. Accept that your way is not the only way.
XPEL: XPEL negative thoughts from your life. Surround yourself with people who have qualities that you want to develop in yourself. Nothing by nature is bad or good. People take good or bad as they like.
You: Realize that you are unique and special, and in fact the starting point of perfection. Find your own unique way of making a positive contribution to society. Try always to increase your knowledge because you will start to deplete from the time you stop learning.
Zeal: Be Zealous in following your dreams and nothing will stand in your way. Your enthusiasm will make people want to help you reach your destination.
" We see things not as they are, but as we are"
CIGARETTE: A pinch of tobacco rolled in paper with fire at one end and a fool at the other!
MARRIAGE: It's an agreement wherein a man loses his bachelor degree and a woman gains her master
LECTURE: An art of transmitting Information from the notes of the lecturer to the notes of students without passing through the minds of either
CONFERENCE: The confusion of one man multiplied by the number present
COMPROMISE: The art of dividing a cake in such a way that everybody believes he got the biggest piece
TEARS: The hydraulic force by which masculine will power is defeated by feminine water-power!
DICTIONARY: A place where divorce comes before marriage
CONFERENCE ROOM: A place where everybody talks, nobody listens and everybody disagrees later on
ECSTASY: A feeling when you feel you are going to feel a feeling you have never felt before
CLASSIC: A book which people praise, but never read
SMILE: A curve that can set a lot of things straight!
OFFICE: A place where you can relax after your strenuous home life
YAWN: The only time when some married men ever get to open their mouth
ETC: A sign to make others believe that you know more than you actually do
COMMITTEE: Individuals who can do nothing individually and sit to decide that nothing can be done together
EXPERIENCE: The name men give to their Mistakes
ATOM BOMB: An invention to bring an end to all inventions
PHILOSOPHER: A fool who torments himself during life, to be spoken of when dead
DIPLOMAT: A person who tells you to go to hell in such a way that you actually look forward to the trip
OPPORTUNIST: A person who starts taking bath if he accidentally falls into a river
OPTIMIST: A person who while falling from EIFFEL TOWER says in midway "SEE I AM NOT INJURED YET!"
PESSIMIST: A person who says that O is the last letter in ZERO, Instead of the first letter in OPPORTUNITY
MISER: A person who lives poor so that he can die RICH!
FATHER: A banker provided by nature
CRIMINAL: A guy no different from the other, unless he gets caught
BOSS: Someone who is early when you are late and late when you are early
POLITICIAN: One who shakes your hand before elections and your Confidence Later
DOCTOR: A person who kills your ills by pills, and kills you by his bills!
At first I thought this was funny...then I realized the awful truth of it. Be sure to read all the way to the end!
Tax his land, Tax his bed, Tax the table At which he`s fed.
Tax his tractor, Tax his mule, Teach him taxes Are the rule.
Tax his work, Tax his pay, He works for peanuts Anyway!
Tax his cow, Tax his goat, Tax his pants, Tax his coat. Tax his ties, Tax his shirt, Tax his work, Tax his dirt.
Tax his tobacco, Tax his drink, Tax him if he Tries to think.
Tax his cigars, Tax his beers, If he cries Tax his tears.
Tax his car, Tax his gas, Find other ways To tax his ass.
Tax all he has Then let him know That you won`t be done Till he has no dough.
When he screams and hollers; Then tax him some more, Tax him till He`s good and sore.
Then tax his coffin, Tax his grave, Tax the sod in Which he`s laid.
Put these words Upon his tomb, `Taxes drove me to my doom...`
When he`s gone, Do not relax, Its time to apply The inheritance tax.
Accounts Receivable Tax Airline surcharge tax Airline Fuel Tax Airport Maintenance Tax Building Permit Tax Cigarette Tax Corporate Income Tax Death Tax Dog License Tax Driving Permit Tax Excise Taxes Federal Income Tax Federal Unemployment (UI) Fishing License Tax Food License Tax Petrol Tax ( too much per litre) Gross Receipts Tax Health Tax Hunting License Tax Hydro Tax Inheritance Tax Interest Tax Liquor Tax Luxury Taxes Marriage License Tax Medicare Tax Mortgage Tax Personal Income Tax Property Tax Poverty Tax Prescription Drug Tax Property Tax Provincial Income Tax Real Estate Tax Recreational Vehicle Tax Retail Sales Tax Service Charge Tax School Tax Telephone Tax Telephone, Provincial and Local Surcharge Taxes Telephone Minimum Usage Surcharge Tax Vehicle License Registration Tax Vehicle Sales Tax Water Tax Watercraft Registration Tax Well Permit Tax Workers Compensation Tax
STILL THINK THIS IS FUNNY?
Not one of these taxes existed 100 years ago, and our nation was one of the most prosperous in the world.
We had absolutely no national debt, had a large middleclass, and Mom stayed home to raise the kids.
What in the hell happened? Can you spell `politicians? `
I hope this goes around world at least 100 times!!!!! YOU can help it get there!!!! GO AHEAD - - - !!!!!!!!!! SEND IT AROUND EVERYWHERE for a change
A woman came home from work late, tired and irritated, to find her 5-year old son waiting for her at the door.
SON: 'Mummy, may I ask you a question?'
MUM: 'Yeah sure, what it is?' replied the woman.
SON: 'Mummy, how much do you make an hour?'
MUM: 'That's none of your business. Why do you ask such a thing?' the woman said angrily. SON: 'I just want to know. Please tell me, how much do you make an hour?'
MUM: 'If you must know, I make $ 50 an hour.'
SON: 'Oh,' the little boy replied, with his head down.
SON: 'Mummy, may I please borrow $25?'
The mother was furious, 'If the only reason you asked that is so you can borrow some money to buy a silly toy or some other nonsense, then you march yourself straight to your room and go to bed. Think about why you are being so selfish. I don't work hard everyday for such childish frivolities.' The little boy quietly went to his room and shut the door.. The woman sat down and started to get even angrier about the little boy's questions. How dare he ask such questions only to get some money?
After about an hour or so, the woman had calmed down , and started to think: Maybe there was something he really needed to buy with that $25.00 and he really didn't ask for money very often The woman went to the door of the little boy's room and opened the door. 'Are you asleep, son?' She asked. 'No Mummy, I'm awake,' replied the boy. 'I've been thinking, maybe I was too hard on you earlier' said the woman. 'It's been a long day and I took out my aggravation on you. Here's the $25 you asked for.' The little boy sat straight up, smiling. 'Oh, thank you Mummy!' he yelled. Then, reaching under his pillow he pulled out some crumpled up bills. The woman saw that the boy already had money, started to get angry again. The little boy slowly counted out his money, and then looked up at his mother. 'Why do you want more money if you already have some?' the mother grumbled. 'Because I didn't have enough, but now I do,' the little boy replied. 'Mummy, I have $50 now. Can I buy an hour of your time? Please come home early tomorrow. I would like to have dinner with you.' The mother was crushed. She put his arms around her little son, and she begged for his forgiveness. It's just a short reminder to all of you working so hard in life. We should not let time slip through our fingers without having spent some time with those who really matter to us, those close to our hearts. Do remember to share that $50 worth of your time with someone you love. If we die tomorrow, the company that we are working for could easily replace us in a matter of hours. But the family & friends we leave behind will feel the loss for the rest of their lives.
How to bring joy back to your work Joy at work is not a matter of working in a lavish infrastructure, earning countless dollars and partying out every night. It is rather a practice of being happy with what you are doing and more importantly for whom you are doing.
People working in the biggest companies, earning millions of dollars are not the happiest ones always. Someone working in a local company with much lesser salary can be happier. Do you remember the old days when you passed out from the college and landed up your first job?
The excitement of going to work could be seen bubbling out but as the time passed, things changed. Going to work became an obligation rather than an enjoyment. Do you realise what changed in these few years?
Here are some tips to help you regain that joy in your work:
1. Be realistic
We often have a habit of setting unrealistic goals for ourselves. We expect more than what we are capable of and when we are not able to meet our goals, depression seeps in and the work becomes a source of unhappiness rather than joy.
See, if you also aimed to touch skies overnight. If yes, set S.M.A.R.T goals for yourself. SMART here means: Specific, Measurable, Achievable, Realistic, Timely.
2. Turn to the office with a right mindset
Enter your office with a positive mindset about your work, colleagues and employer.
Bearing negative thoughts about your workplace will not only hamper your performance but will not let you like your work.
3. Maintain a good rapport with everyone at office
This is something said ad-nauseam times but not practiced very often. The best way to do is to maintain an open communication with your boss and colleagues.
Practice small things like helping people wherever you can, pass a gentle smile as you see a colleague and you will see that you will always have some to help or advice you when needed.
4. Try to fix the problems rather than complaining
Most of us have a habit of sitting and criticising things.
Rather than just discussing the problems around it will be a better idea to find a solution to them. This will not only create a healthy work atmosphere but also give you a sense of achievement.
5. Focus on your KPAs
Many of us feel that we are doing a lot of work which is not recognised. This acts as a source of depression at work.
The best way to come out of such a situation is to focus on your Key Performance Areas.
If you do everything but your actual job, your performance will never be appreciated. So, see if you are doing the right things.
6. Maintain transparency
If you are a boss or a senior person at your workplace, try to maintain transparency in the work culture.
Well informed employees are easier to work with and will reduce your worries. Moreover, you will see that they will stand by you in the hour of need.
7. Celebrate success with juniors
Keep patting for the next batting.
Celebrate success with the junior members of your team. If they are happy and motivated, half of your worries will evaporate themselves.
Also, such informal gatherings bring your team members closer and increase the compatibility quotient.
8. Accept new challenges and risks
A common feature of most of the happy professionals around.
This will give you not only the joy of recognition but also a feeling of satisfaction. Identify new challenges and volunteer to handle them.
If you are offered an opportunity to handle any new project which might be totally new for you, accept the challenge and do all that is required to make it successful.
9. Stay away from dirty politics
Dirty office politics will not let you do your actual job affecting your performance, will keep your colleagues away from you and won't let you think constructively.
So, keep away from politics and blame game. If you have committed a mistake, accept it gracefully and learn to correct it.
10. Take a rejuvenating break from work
There will be times when even after practicing all the above mentioned things you will feel exhausted. This is an indication from your body that it needs rest.
So, take a break and rejuvenate yourself for the next inning.
cheers!!!
During a seminar, a woman asked," How do I know if I am with the right person?" the author then noticed that there was a large man sitting next to her so he said, "It depends. Is that your partner?" In all seriousness, she answered "How do you know?" Let me answer this question because the chances are good that it's weighing on your mind replied the author. Here's the answer.Every relationship has a cycle...In the beginning; you fall in love with your partner. You anticipate their calls, want their touch, and like their idiosyncrasies. Falling in love wasn't hard. In fact, it was a completely natural and spontaneous experience. You didn't have to DO anything. That's why it's called "falling" in love.People in love sometimes say, "I was swept of my feet." Picture the expression. It implies that you were just standing there; doing nothing, and then something happened TO YOU. Falling in love is a passive and spontaneous experience. But after a few months or years of being together, the euphoria of love fades. It's a natural cycle of EVERY relationship. Slowly but surely, phone calls become a bother (if they come at all), touch is not always welcome (when it happens), and your spouse's idiosyncrasies, instead of being cute, drive you nuts. The symptoms of this stage vary with every relationship; you will notice a dramatic difference between the initial stage when you were in love and a much duller or even angry subsequent stage. At this point, you and/or your partner might start asking, "Am I with the right person?" And as you reflect on the euphoria of the love you once had, you may begin to desire that experience with someone else. This is when relationships breakdown.The key to succeeding in a relationship is not finding the right person; it's learning to love the person you found.People blame their partners for their unhappiness and look outside for fulfillment. Extramarital fulfillment comes in all shapes and sizes. Infidelity is the most common. But sometimes people turn to work, a hobby, a friendship, excessive TV, or abusive substances. But the answer to this dilemma does NOT lie outside your relationship. It lies within it. I'm not saying that you couldn't fall in love with someone else. You could. And TEMPORARILY you'd feel better. But you'd be in the same situation a few years later. Because (listen carefully to this): “The key to succeeding in a relationship is not finding the right person; it's learning to love the person you found”.
SUSTAINING love is not a passive or spontaneous experience. You have to work on it day in and day out. It takes time, effort, and energy. And most importantly, it demands WISDOM. You have to know WHAT TO DO to make it work. Make no mistake about it. Love is NOT a mystery. There are specific things you can do (with or without your partner). Just as there are physical laws of the universe (such as gravity), there are also laws for relationships. If you know and apply these laws, the results are predictable. Love is therefore a "decision". Not just a feeling.
Remember this always:
“God determines who walks into your life. It is up to you to decide who you let walk away, who you let stay, and who you refuse to let GO!!”
As my friend was passing the elephants, he suddenly stopped,confused by the fact that these huge creatures were being held by only a rope tied to their legs. It was obvious that the elephants could, at anytime, break away from the ropes they were tied to but for some reason, they did not. My friend saw a trainer nearby and asked why these beautiful, magnificent animals just stood there and made no attempt to get away.
"Well" he said, " when they are young and very much smaller we use the same size rope to tie them and at that age, it's enough to hold them. As they grow up, they are conditioned to believe they cannot break away. They believe the rope can still hold them, so they never try to break free". My friend was amazed. These animals could at any time break free from their bonds but because they believed they couldn't they were stuck right where they were. The powerful and gigantic creatures has limited its present abilities by the limitations of its past.
Like the elephants, how many of us go through life holding onto a belief that we cannot do something simply because we failed at it once before? How many of us refuse to attempt something new and challenging because of our so called Mindset?
Our attempt may fail, but still we should never fail to make an attempt.
AND
We should not choose to accept the false boundaries and limitations created by the past.
Why Should You Plan for Your Parents' Retirement....!!!
One of the biggest mistakes people make now is failure to set aside money for post retirement needs. Most of us are not concerned about the life after retirement. Social Security is no longer a sure bet. This means that most of us have to rely on ourselves to provide for retirement, if you want to fill your stomach you have to earn nobody will come and help you. In simple terms saving money to make your retired life happy is called retirement planning. If you haven't made an effort to make retirement planning, make it now. A financial planner can help you in finding a better option for your retirement planning. You can do your own research also to determine what you need to do now so that you are secure in your future. In this article a try is made to make you aware of the importance of planning for your parents retirement.
Why should you Plan for your parents Future
Securing the future of your parent is your responsibility; we all have to realize this fact. Think for a moment how much money they have spent for us...! This is the time to give back all those golden moments that they have gifted to you. They have sacrificed many things to make you grow to this level. If you are able to read this article now, there is no doubt they have spent huge money on you. If they wouldn’t have spent money for your food, health, dress, education etc. now you wouldn’t have seated in front of system and reading this article. There are thousand things you can do for your parents. Old age is like childhood during this period they need care and love, if you can spend a minute with your parents when they are old, it will be a great happiness for them. There are many factors that disturb people when they are old such as;
Ill-health
Loneliness
Lack of care
Negligence by others
Lack of love etc.
Parent’s Investment on you
If your parents don’t have money to fulfill their retirement needs, don’t ever degrade them instead you should realize the fact why they don’t have money. To mold a kid as a perfect citizen, his parent has to invest huge amount on him/her. While investing this amount they will expect “I am investing on my kind, in future whenever I need money my kid will take care of me” 80% of the parent will have this expectation, now it is our responsibility to take care of our parents. Following are some of the spending they have done for you;
Food
Dress
Toys
Entertainment
Health care
Education, etc.
Needs to be fulfilled
Basically there are three kinds of need to be fulfilled such as;
Financial Needs
Medical needs
Moral Needs
Financial Needs
Nothing is possible without money, leading a life without sufficient money will kill the mental health of people. When our parents are old it is our responsibility to provide them enough money to take care of their small needs.
Medical Needs
Old age is the time during that all kinds of health problems will follow us. During this time we need to spend huge amount of money on our parent’s health like how they have done we were small. Taking a health insurance plan on your parents name will help you to find a simple solution for this problem.
Moral Needs
Moral support is the most important thing that we have to provide for our parents when they are old. It will help them to be mentally stronger. Moral support can avoid many problems such as depression, ill health, etc.
How can you plan for your Parent’s future?
There are many ways to do retirement planning. Following are some of the major ways in which you can plan your parent’s future.
· Reverse Mortgage
· Health Insurance
· Pension Plans (ULIPs)
· Immediate Annuity
· Annuity
Reverse Mortgage
Reverse Mortgage can be well defined as “a scheme under which a bank or financial institution permits the owner of a house to leverage the future value of the asset into a steady source of income”. Reverse Mortgage allows elderly people to have a steady stream of income by mortgaging self occupied property to banks or eligible financial institutions while continuing to live in and hold the title of the house till he is alive or sells the house or moves out.
In this case it is completely parents’ desire whether to go for reverse mortgage or not. But being their children we can do something for them. Normally parents will write their property in their children’s name even if they don’t have enough money to lead a peaceful life. Instead of making advantage of this situation we can advise them to go for Reverse mortgage, later if you want to retain the house you can pay back the money to bank and do it.
Health Insurance
Health care costs are high and getting higher day by day. As the age of an individual increases the health care costs increase manifold and become a burden on the individual. Senior citizens have to pay out of their hard earned savings to meet the expenses. Health Insurance Plans protects old age people in case they need expensive medical care. You get cashless benefit or medical reimbursement for hospitalization expenses due to illness or accidents.
It is our responsibility to take care of our parents’ health when they are old. But it is very difficult to manage this situation without proper financial planning because you might need huge money to take care of their health. Health Insurance is a better solution to overcome this scenario, it will take care of your parents health related expenses all you have to do is buy one health insurance plan and pay the small premium.
Pension Plans (ULIPs)
The first point to note is that there is no insurance in an ULPP, though the product is offered by insurers. Even if an insurer offers insurance cover bundled with pension, such a product is best avoided. Insurance is best taken independently from pension planning, through what are called term insurance plans. ULPP is very much an investment product, competing on costs, benefits and returns with Mutual Funds, deposits, share portfolios, and so on. In the accumulation phase, the amounts invested go towards purchase of units, at prevailing market rates. At retirement, the policyholder is provided with a certain portion of the accumulated fund as a lump sum payment. The remaining amount is used to purchase an Annuity scheme to provide regular monthly income post retirement.
Immediate Annuity
Immediate Annuity is aregular income stream purchased with a lump sum investment, where the income stream starts immediately after the purchase. Immediate Annuities are usually provided by a life insurance companies. The major difference between “immediate annuity” and “annuity” is that in immediate annuity you have to make a lump sum investment and you will start receiving the annuity immediately after purchasing it but in “annuity” you will start receiving amount only after a pre-determined period.
Annuity
An annuity is an investment that you make, either in a lump sum amount or through installments paid over a certain number of years, in return you will receive back a specific sum every year, every half-year or every month, either for life time or for a certain number of years. After the fixed period of annuity payments expires, the invested annuity fund is refunded, possibly with a small addition, calculated at that time.
Annuities differ from all the other forms of life insurance discussed so far in one basic way - an annuity does not provide any life insurance cover instead, offers a guaranteed income after your retirement. Usually annuities are meant to generate income during one’s life after retirement that is why they are also called pension plans. Annuity premiums and payments are fixed with reference to the duration of human life.
Types of Annuities
There are four major kinds of annuities such as;
· Life Annuity with purchase Price
· Life Annuity without purchase Price
· Joint Life Annuity with purchase Price
· Joint Life Annuity without purchase Price
· Life annuity guaranteed for 5, 10 & 15 years
Life Annuity with purchase Price
In this kind of annuities the person receives annuities for as long as he/she lives and his/her nominee receives the purchase price of the policy after demise. The purchase price refers to the value of your investment corpus at the end of the accumulation phase (it is the amount with which the annuity was purchased).
Life Annuity without purchase Price
In Life Annuity without purchase Price the person receives annuities for as long as he/she lives his/her nominee won’t receives anything after his/her demise.
Joint Life Annuity with purchase Price
In Joint Life Annuity with purchase Price both you and your spouse will receive annuities for life. After his/her demise the purchase price will be returned to the nominee.
Joint Life Annuity without purchase Price
In Joint Life Annuity with purchase Price both you and your spouse will receive annuities for life. After the death of concerned person nothing will be returned to the nominee.
Life annuity guaranteed for 5, 10 & 15 years
In this type of annuities you receive annuities for a minimum term i.e. 5, 10 or 15 years. Annuities continue for life thereafter. If death occurs before the end of the pre-determined term, the company will pay the annuity till the end of that term to his/her nominee.
It is when you stop going along with the crowd and start realizing that there are many things about yourself that you didn't know andmay not like.You start feeling insecure and wonder where you will be in a year or two, but then get scared because you barely knowwhere you are now.
You start realizing that people are selfish and that, maybe, those friends that you thought you were so close to aren't exactly thegreatest people you have ever met, and the people you have lost touch with are some of the most important ones. What you don'trecognize is that they are realizing that too, and aren't really cold, catty, mean or insincere, but that they are as confused as you.
You look at your job... and it is not even close to what you thought you would be doing, or maybe you are looking for a job andrealizing that you are going to have to start at the bottom and that scares you.
Your opinions have gotten stronger. You see what others are doing and find yourself judging more than usual because suddenly yourealize that you have certain boundaries in your life and are constantly adding things to your list of what is acceptable and whatisn't. One minute, you are insecure and then the next, secure.
You laugh and cry with the greatest force of your life. You feel alone and scared and confused. Suddenly, change is the enemy andyou try and cling on to the past with dear life, but soon realize that the past is drifting further and further away, and there is nothingto do but stay where you are or move forward.
You get your heart broken and wonder how someone you loved could do such damage to you. Or you lie in bed and wonder whyyou can't meet anyone decent enough that you want to get to know better. Or maybe you love someone but love someone else tooand cannot figure out why you're doing this because you know that you aren't a bad person. You want to settle down for goodbecause now all of a sudden that becomes top priority. Getting wasted and acting like an idiot starts to look pathetic.You begin tothink a companion for life is better than a hundred in the shack and for once you would not mind standing tall for that specialsomeone which otherwise you had never thought of until now.You go through the same emotions and questions over and over, andtalk with your friends about the same topics because you cannot seem to make a decision. You worry about loans, money, thefuture and making a life for yourself... and while winning the race would be great, right now you'd just like to be a contender!
What you may not realize is that every one reading this relates to it.We are in our best of times and our worst of times, trying ashard as we can to figure this whole thing out. Send this to your twenty-something friends.... maybe it will help someone feel likethey aren't alone in their state of confusion.
Tis is called the "Quarter-life Crisis"
Life is one of those races in nursery school where you have to run with a marble in a spoon kept in yourmouth. If the marble falls, there is no point coming first. Same with life, where health and relationshipsare the marble. Your striving is only worth it if there is harmony in your life. Else, you may achieve thesuccess, but this spark, this feeling of being excited and alive, will start to die. One thing about nurturing the spark - don't take life seriously. Life is not to be taken seriously, as we arereally temporary here. We are like a pre-paid card with limited validity. If we are lucky, we may lastanother 50 years. And 50 years is just 2,500 weekends. Do we really need to get so worked up? It's ok,bunk a few classes, goof up a few interviews, fall in love. We are people, not programmed devices.
"Don't be serious, be sincere."
Start Enjoying from moment................!!!!!!!!!!!!!!!!!!!!
Speech given by Chetan Bhagat at Symbiosis.
