With inflation and sticky stock markets, we as pensioners have reason to be overwhelmed. We may feel at times there is nothing we can do to prevent our own house from crumbling financially. Can we do something to start shoring up our financial house, which is equally true whether one is reaping the benefits of plenty or facing economic downslide?
Now, maybe is the time to embrace frugality. We have truly sought to live out and embrace the 5 star culture of yesteryears especially while in service, but need of the hour is to control our rash rationality.
We are dreamers and surely all are looking out for the Sixth Pay Commission handouts, which will enhance our spending capability but till then, we must condition ourselves to spending less and be contented. This must be everyone's personal mantra to advocate and practise. Embrace fiscal fast an as alternate therapy.
Moderator
Filling the submarine gap
2 days ago
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