Sunday, August 20, 2017

Equation of Finance and Relationship

Mathematics is my favorite subject. It contains equation. As I grew up, I witnessed that there were several equations, even outside mathematics. The equation gives some sort of generalization of behavior between two distinct objects. In this blog, I would like to derive an equation between two objects which are finance and relationship.

I hope, everyone is aware of relationship term. It could be with your friend, cousin, colleague, neighbor, relatives, in-laws, brother, sister, parents etc. The word finance in this context is lending money, giving credit to others or anything where money is involved.

As we grow up and start earning, everyone will have to go through and deal with finances. You'll be getting money in your hand and of course it must be spent judicially. It needs to be secured for future too and there will be expenses in our day-to-day activities. All of it has to be neatly managed without wasting precious hard earned money. Few may not realize its importance when they first start earning but then later, based on mistakes, they learn the hard lesson.

Also, as we grow up and start earning on our own, our relationship with others changes. The way society looks at you differs compared to when you were studying (non-earning). In today's modern world, without being financially independent, one cannot be liberal and will be disrespected. If you want to be respected, be independent and take your own decisions by having your own opinions then you must be financially independent first, capable of earning on your own otherwise, its not at all possible. As long as someone is dependent on another for their financial needs, then its like living under burden.

Call me naive, but I have grown up watching family entertainer movies, where they try to express that relations are more valuable than money. These kind of films doesn't stress much upon how family is rich or poor, or always show rich peoples (Agarwal, Singhania, Chopra, etc) and relation between them. I believe thats how we are suppose to live in society. The society where money is out of equation between relationships.

But the harsh truth is, money is everywhere and is the base on which society is built. In all the relations, money gets in. How much ever, you try to stay away, but ultimately you will end up in dealing finances in the relationships. As I said, I believe in building relations where money is out of equation and try act like that, but few people seamlessly take advantage of it. Sometimes, I feel, do they even value the relationship at all. 

The equation which I want to draw over here is, the more close relationship it is, the more amount of money is involved. With your colleague, you might be dealing in finances of 100s to 1000s and with your neighbors probably in some 1000s to 5000s (if they are close). If you have a closed one, the money with which you trust him/her is almost equal to the trust you both share. If its your close friend, you might lend 5000 to 10000, but a relative which is not close to you then you might think twice to lend such an amount (also the other factor generally one considers is, will he repay back on time). Anyways, as and when the relation gets thicker, amount increases. With your parents, siblings, husband-wife, the amount will be dealt in lakhs (properties, cash, etc).

The point which I would like to make is, obviously, more the trust and close relationship, more the money gets involved. But most people tend to forget about the close relationship they share and concentrate on the huge money. Keep in mind, the more money got involved in the first place is because of your close relationship, which people often forget and spoil the relationship.

The equation is quite simple and I am not asking you to value only relationship or value only money but I suggest to always try to maintain proper balance between relationship and finance as you know the equation now. Its very crucial.

No comments:

Post a Comment

Happy Life or Meaningful Life?

All these time, I had only known that our life must be filled with happiness. The ideal expectation from life of each individual is ‘happine...