Author: Raoji

Categories
MoneySavingTips

Money Saving Tip # 1:Extending the life of your razor blades

This post is in continuation of my Money Saving Tips series (see here)

In the olden days, when a King wanted to punish somebody he used to gift him an elephant.The cost of feeding the elephant etc was so expensive that the recipient used to go broke.

In the modern world, using a Gillette Razor is like a white elephant.As part of their marketing strategy, the razor is fairly cheap but the blades are expensive (A pack of 5 Gillette Fusion Blades cost Rs.600).

So, how does one enjoy a Gillette shave and yet not blow up a wad of cash on the blades?The video below explains how

 

Estimated cost savings per year:Around 3000 Rs (Earlier, one blade used to last for 2 weeks, now it lasts for 6 months)

Email your own money saving tips to Alpha Ideas

Categories
MoneySavingTips

Starting a new series:Money Saving Tips

Was attending an investment seminar recently where the speaker was expounding the benefits of investing in tax free bonds.One gentleman got up and asked “Sir, how can we invest in these bonds when we don’t have any money left?””

The truth is that high inflation and galloping expenses have eaten away at the purchasing power of most people.

Its quite unlikely that prices of anything (food,fuel, school fees,medical expenses,property tax,insurance,travel etc) will come down, in fact they will just keep increasing over time.

Is there a way out?Well, the answer lies in the old proverb “A penny saved is a penny earned”.

I am a starting a new series called Money Saving Tips.Basically, they will cover simple tips to save money.I would request readers to contribute tips from their own experiences so that we can all benefit

Categories
WhatILearntFrom

What I learnt from DLF’s K P Singh

This post is in continuation of my What I Learnt from series (see here)

KP Singh is the Chairman and CEO of DLF Ltd, India’s largest real estate company.

 

What I learnt from him:You can prosper in business only if your partners and associates prosper along with you.

In his book “Whatever the Odds“, K P Singh writes “What we achieved at DLF is a miracle in business terms.DLF had no money when it started.More interestingly,ordinary farmers ended up financing DLF to take it to being a leader in its field.I remembered my father-in-law’s philosophy while dealing with farmers:’When you do business with someone they also should prosper with you.If this is a part of your business philosophy and practice, partners will do anything for you.’“

Categories
Links

Weekend Mega Linkfest:April 06, 2013

Some interesting off beat reads for the weekend:

Do our politicians think power is poison? (UnrealTimes)

Travelogues:Mystical Borong (TeamBHP)

7 habits of highly effective idiots on Indian roads (TeamBHP)

The Opening ceremony of IPL (GreatBong)

Movie Review:Himmatwala (VigilIdiot)

What’s the most ass kicking advice you got for your startup? (Rodinhoods)

Election night in Peru’s largest prison (Harpers)

The divorce from hell (TampaBay)

What is the business of literature? (Vgronline)

A nightmare in real life (WashingtonPost)

Rahul Speaks (Economist)

Where have all the secretaries gone? (Businessweek)

How the chess set got its look and feel (Smithsonian)

How Iran won the war on drugs (ForeignAffairs)

Obituary:Roger Ebert, legendary movie critic (Slate)

North Korea’s nuclear game theory (NewYorker)

Mom and Pop:The world’s worst investors (MarketWatch)

Cougar night in Silicon Valley (VanityFair)

What four decades of marriage taught a grateful husband (Atlantic)

Watch the throne:Nawaz Sharif on the cusp of power (Caravan)

Narendra Modi:From Hermitude to Holography (Outlook)

 

Categories
Politics

Modinama by Madhu Kishwar

An amazing article “Modinama” by Madhu Kishwar which is creating waves

[gview file=”https://alphaideas.in/wp-content/uploads/2013/04/134098942-MODINAMA-by-Madhu-Kishwar.pdf”]