FE is an obsession with us Indians - I concur. Having said that, if we try and delve deeper, we will notice that it is a part of our genetic make-up. No-no, please do not get me wrong here. Savings are our biggest obsession. Period.
Faaltu kharch mat karoo.
Save for a rainy day.
Power of compounding.
Eat little - Eat longer.
Having survived 300 years and more of foreign rule, our genes are programmed to keep something aside for a rainy day. Come to think of it in a deeper sense, you will feel sad and sorry.
I have never been goods with words, but hope you guys get my drift.
On a lighter note, with the Credit card and EMI culture hitting the younger generation with vengeance, are the days of 'FE calculations' numbered cos for sure if our new generation is an example, our genetic structure is already evolving!
Cheers |