Tuesday, February 15, 2011

Moolah Power

Moolah is a Fijian word meaning 'Moolah'. This word may be the origin of the English slang for 'Money'.

 Any body can make
Moolah if you are with wiTdom. It is raining Moolah at wiTdom Moolah festival.
An absolute power in modern society—Moolah makes everything clicks! It remains the single source of almost all temptations and motivations ever known to man—entire empires and kingdoms have been raised and decimated for the lure of the lucre. Today, when social scientists raise ethical issues over the nature of man’s relationship with Moolah, many agree about the constructive potential involved in making it. But at the end of the day the most eternal of all facts is that—all of us need it!

Our attitude towards Moolah reflects our attitude towards life. Moolah is an exchange system between ourselves—our goods, services, skills and creativity, self-expression—and what we need from the world—approval, admiration, status, lifestyle, goods, services. Therefore, our attitude towards Moolah is intimately tied up with our sense of self-worth and self-belief, our sense of security, our value system and our worldview.

New age thinkers frequently overlook the importance of the means of acquiring Moolah. In the Indian scriptures, four aspects are considered important to human existence: dharma or righteous action, artha, the pursuit of wealth, kama, the pleasure principle and finally moksha, liberation. Artha and kama are sandwiched between dharma and moksha to indicate that they must be pursued with due regard for ethical norms and keeping the goal of liberation in mind.

I recall having accountability drilled into me as a child. “My mother would keep accounts and would even follow up on an expenditure of five paisa. We were supposed to tell her how we spent every paisa.”

The early training has given me a strong sense of responsibility in handling money. “As far as my investment tactics are concerned.”

Atul Sikrai
Sr Vice President & Head Equities
wiTdom investment advisory.

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