Tuesday, July 25, 2006

Easy Money

5 of us went out last Saturday. We spent 6k on the dinner itself. Wondering where the money is coming from. More importantly, I wonder how my dad would react if he came to know that I blew 1/3rd of his last drawn salary on a silly weekend dinner! Are we so flushed with money right now that we can simply afford to flush it down our throats and not care a rat’s whisker about it?

They say the hunt for talent is the biggest battleground in Corporate India. Every industry is rising in India right now – IT, Finance, Retail, healthcare, Entertainment, Auto, Manufacturing, Textile, Chemicals, Energy… you name it! No wonder executives are being lured away with fatter pay packets. Consumer Product managers are moving from selling soaps to software. Retail managers are moving from selling clothes to durables to entertainment. Sales managers are moving from confectionaries to entertainment. IT managers are moving from project delivery to strategy. It’s a classic demand and supply case stupid! No wonder executives are paid their weight in dollars, even in India. Is it still a wonder how we can afford those dinners and clubbing nights and after-party revelry – it’s just a measly few thousand rupees after all!

What could I have done better with that 6k INR?

Perhaps I could have…
- donated them to a charitable cause
- bought a gift for my sister
- taken a small trip into the country side and rediscovered the rain-soaked tracks of the hinterland
- invested in equity
- bought some food for some street urchins
- bought some great books
.
.
.
But hey, isn’t that 6k a sunk cost? So why am I still thinking about it? I don’t know, you tell me…

5 comments:

ankur said...

2 questions...

1. Who were the 5...?
2. WHAT THE F DID YOU GUYS EAT...????

i wud hv gone with option 3...!...maybe 2...surely not 4..!!

Pratik said...

option 3 wins hands down for me too :)

BTW, we had good vegetarian Italian food with some wine :)

Anonymous said...

1. Are we so flushed with money right now that we can simply afford to flush it down our throats and not care a rat’s whisker about it?

-I think its the reduced gap between the stimulus and the response. Putting it in a simple way, we think after we just do something. Money is just what it will do, say i and four others went and had 10 vada paavs each....

then i will think, it wud hv been better if we cud have cooked something delicious...

bottomline is: if the mind is the free and disciplined and relaxed..it can save a lot of post analysis... :)

and good part is the self analysis...which u r doing ...and sharing too...so never mind... :)

(I do such post analysis quite often so as such i don't have a right to comment but still :) )

2. What could I have done better with that 6k INR?
-That's a good question..but very subjective...

anything that wud have given some "satisfaction" now it cud be anything...having a good veg italian dinner as well :)

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