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From the Rat Race to Financial Freedom... A common man's journey
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Happiness Unlimited...How to be happy..always !!
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Dream On...Every setback is a little nudge from HIM to Dream On
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The Autobiography Of A Stock
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Manoj Arora    About Me
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Saturday, January 25, 2014

Tax Free Bonds in India

Tax free bonds have emerged as highly popular investment option among investors due to the taxation benefit that they offer. These bonds, generally issued by government backed entities, are exempt from taxation on the interest income received from such instruments under the Income Tax Act, 1961.
What are Bonds?
Bonds form the part of "Debt" as an asset class. This implies that the investor has given a loan to the issuing entity, and will be repaid at the end of the tenure as specified. Bond, therefore, is an agreement between you and the bond issuing entity for a fixed tenure and a fixed interest on your investments.

Some facts about Tax Free Bonds
  • Many government owned institutions came out with tax-free bonds.
  • The recent success of Power Finance Corporation ’s tax-free bond issue attracted the attention of many an investor. The issue attracted bids worth Rs 2332 crore on the first day of opening. A substantial portion of this money has come from institutional investors and high net worth (HNI) individuals who represent the smart money in financial markets.
  • Tax free bond issue of National Hydroelectric Power Corporation too got good response on day one.
  • Tax-exempt bonds usually pay lower coupons than corporate bonds as they enjoy a better credit rating and the interest received is tax-free, thus after-tax returns work out to be higher for the tax-exempt bond.
  • If we have to compare these rates with fixed deposit rates, we should remember that returns from FDs are taxable in the hands of investors while these bonds are tax-free. So, one needs to look at returns from FDs after deducting the taxes. Currently, no bank FD pays such high rates. And if any company is offering such high rates, the same may not have such high ratings.

The merits
Investors’ interest in these tax-free bonds is not unjustifiable. There is a convincing logic behind it. Take for instance the case of PFC issue or the NHPC . Both are tax-free issues with 20-year tenure and offering 8.92% coupon rate each year to investors. If you belong to the high income tax bracket this is a very tempting proposition. You are making money and besides there is no credit risk since they have government backing. So, you know that you are going to get your capital back on the date of maturity.
Here are some key merits of investing in these tax free bonds:
  • Low risk of default, since companies have a better credit rating
  • Listing of bonds on various exchanges provides liquidity to your investments
  • Option of holding bonds in 'Demat Form' makes your investments easy to handle & monitor
  • Ratings by agencies like CARE, FITCH, CRISIL, ICRA enables you to assess the quality of instruments

Risk Vs Reward
These bonds are listed on stock exchange. This throws open an option to play interest rate cycle in Indian economy. If you expect the interest rates to go down, buy an AAA rated bond for 20 years term and remain invested in the bond. Over the next one year, you will take home tax-free interest on this bond and if the interest rates come down (economy booms), you are in for capital gains as well. So over a period of time, there is a high possibility that you should take home handsome returns, with no stock market risk and no credit risk. While Indian investors make the most of this opportunity, the global Indian diaspora should not remain behind. Investors outside India, non-resident Indians, should take this opportunity to invest money in Indian debt instruments. In case of tax-free bonds, you are not taking stock market risk and there is no credit risk also. If you comfortable with forex risk, this is a wonderful opportunity, which you should not let go.

The flip side
However, there is a downside which investors should be aware of. If you are investing in these bonds, you may not get the opportunity to invest in periodical interest at the same tax-free interest rates that are offered to you today. There is no compounding option available with these bonds. So you have to be disciplined enough to ensure that you invest the periodic coupon payments in appropriate available options. Otherwise it will be lost somewhere in your bank statements. If you are a retired person or nearing retirement and wondering where to invest your money, these bonds are wonderful investment option. Some of your fixed income asset allocation should be towards these bonds.

How to invest
  • Public Issue: During the public issue of the bonds, you can invest in them by submitting a physical form furnishing the details as requested.
  • Exchange: Post the public issue; these bonds are listed on NSE or BSE or at times on both. You can invest in these bonds through your Securities trading account the way you invest in shares.

Get going, this is one debt based investment in your portfolio which is not worth missing.


Manoj Arora
Freedom can buy you what money cannot !!

Friday, January 24, 2014

A wise investment indeed

So many times in life, the biggest luxuries, vacations and gadgets cannot give you what a single act of sticking to your core value can. This is exactly what happened with me yesterday, and the bliss can only be experienced by some fortunate few.

The eyes were moist with happiness and glee. I looked down at the signed and stamped papers, and then looked up straight in the eyes of my dad and my wife. There was a sudden burst of emotions from inside as if a volcano is about to burst without a warning. I managed to just control them somehow. It was a mission accomplished. It took us almost 13 months of consistent effort, more than 12 trips from my home to this office (which is  around 20km one way), innumerable rejections for one sundry reason or the other, immense patience, and loads of resilience to get this through.

I am talking about the free hold conversion of my flat in Delhi. I had to take through the application for free hold conversion through the DDA authorities (Delhi Development Authority). Yes, i know the question many of you would have in your mind. It could have been done faster and efficiently had i taken the easier option of paying some bribe, which some people call it is an "unofficial service fees". I chose to stand by my values. 

I have realised over years of experience that whenever it comes to making critical decisions in life, follow your values. They will never disappoint you in the end, though the journey may not initially look worth it.

I very well know that paying a bribe would have been a much cheaper option vis a vis making so many trips in my own car and spending time and energy to push the file every time it got stuck. It made lot of sense financially. It made lot of sense from saving my time and energy perspective. But made no sense from the perspective of my understanding of who we actually are.

The pleasure of experiencing the bliss after sticking to one's own values is unmatched, unparalleled. When you have stuck to your values, you are "full" from inside and will never feel the "hollowness" of those achievements which are achieved by compromising on one's values. 

If you cannot stick to your values, the money and the fame that you earn is not worth it. I say this because i understand who i am. I am an indestructible "soul" and not a mortal "body". And remember that what goes with you in your next birth (with the soul) is your "sanskars" and values, and not the money and fame (which are not linked to your soul).

Isn't this a wise investment if we understand that our soul spans multiple life spans? 
I just invested for my next life :) How about you?

Read more about your core values and how your everyday happiness is linked to it.
Chapter 6.11 ~ Inculcate and live your core values - Happiness Unlimited (the book)


Manoj Arora
You are entitled to happiness unlimited !!

Sunday, January 19, 2014

Zone independent of success or failure

During one of the workshops i was doing recently, someone asked me the techniques to promote a book so as to make it a bestseller. This guy apparently was aware that my maiden book attempt is already on course to become a bestseller. Believe me, i had no technical answer to his question. But once i thought through, i knew what was making it click...and this applies to everything that we do in life.... Read on

Sumeet wanted to know the best practices i have used to promote the book. He understood that just launching the book is not good enough. One needs to go out and market it with full strength. Bit i had nothing to share on that front.

I clearly told him that marketing or selling the book has never been my strength. But, at the same time, I do have a clear mission in life, and this mission pushes me to solve people's problems in life. I am just focusing on how i can solve someone's practical problems. How does this approach result in any kind of "word of mouth" is anyone's guess. Book sale has always been a bi-product of the help that i am giving from my heart.

"Easier said than done." he argued. I said "Yes, this looks like a motherhood statement, but we must understand how does this translate into practical actions." 

So, here is the practical aspect.
  • I am looking for people who have strong dreams and want to come out of financial rut in life, and i want to help them in the best way I can. Because i believe that once money problems are out of their life, they will do their own bit in upliftment of our society, which happens to be the mission of my life. 
  • I never ask anyone whether they have purchased my book, though i might ask them whether they have read it, and that too, just to understand their current level of understanding from where i need to guide them.
  • I never care for the number of copies sold, though i keep track of the number of freedom seekers who are actively seeking help, registering on blog, freedom portal and other social media etc.. 
  • I do not charge anyone even a single penny for the hundreds of sessions i provide or the workshops i take. Because the intention is to help, and i do so happily without an iota of doubt. 
  • I don't care whether the book is already a bestseller or not, because that has nothing to do with my mission of life. 

Now, in spite of all that, if the book also has been doing good in the market is a welcome news. I love it, because this tells me that i can potentially reach more people who may seek help.

Whenever i listen to one of the best motivational speakers Zig Ziglar, i like this statement of his: "If you help enough people get what they want in life, you will definitely get what you want in life."

I am in a zone or state that is independent of the "success" or "failure" - how market looks at it. I look at my success from my own lens keeping my mission of life in front of me. When you are in this zone, you have cut off your dependencies and that is a beautiful phase of life. Your happiness is now independent of how market or client reacts. Your happiness is only dependent on how you want to feel.

Learn more about reducing your dependencies in life, in the book "Happiness Unlimited"


Manoj Arora
You are entitled to happiness unlimited !!

What is Dividend Distribution Tax for AY 2014-15

Understanding that the Dividends paid to you are not "actually" tax free and attract hidden taxes, you can take much more informed decisions when it comes to investing for Dividend based Income. Let us understand what is Dividend Distribution Tax (DDT) and how does this understanding can help us...Read on..

What is Dividend Distribution Tax?
Section 10(34) of the Income Tax Act, 1961 declares that in addition to the income tax paid by a domestic company against the total income for any assessment year, any amount declared, distributed or paid by such company in form of dividends, is subject to additional tax known as Dividend Distribution Tax (DDT). DDT is also applicable to debt mutual funds and is the tax that debt funds pay on the dividend distributed to retail investors.

Who needs to pay the tax? 
As the companies or Mutual Funds pay the dividend distribution tax, dividend Income is tax-free in the hands of the investor. However, there is a catch here. Before the actual payment, companies and debt funds deduct DDT from the declared dividend and rest is distributed to the investor. Hence, common investor doesn't have any tax liability on the dividend income that he or she finally receives, but the dividend income is actually not tax free.

Why Investor should be concerned? 
It's an old and controversial tax, but the renewed concern is because of the recent ruling by the finance ministry this year to increase dividend distribution tax. Now, the tax rate on debt fund investments for retail investors is 25%, which was 12.5% earlier. This tax increase is going to impact all debt funds, gold exchange traded funds, and global Funds since the post Tax returns from these will be lesser now. Liquid funds are already taxed at 25% hence there is no change for them.

What made the govt to raise DDT ?
Earlier the interest earned by company fixed deposits was clubbed to income of the individual and taxed at marginal rate of tax, which is 20.6% (for investors in 20% tax bracket) and 30.9% (for investors in 30% tax bracket) and the dividends on the debt funds (other than liquid funds) were taxed at 13.5%. This made individuals in 20% and 30% with income needs consider investments in dividend option of debt funds. However in the budget for FY2013-2014 finance minister has hiked the DDT and also increased the surcharge. That results in an effective rate of tax of 28.33% on dividends declared by all debt funds. This new tax rule is effective from June 1, 2013.

So, make sure that your calculation of your actual Returns on Investments in Debt mutual funds before taking in the plunge.


Manoj Arora
Freedom can buy you what money cannot !!

Thursday, January 16, 2014

4 Things you may be missing to plan in your lives, at your own peril

We recently had a wonderful and interactive workshop on Financial Freedom last Sunday (12th Jan 2014). This was organised by Sartrac Global in Faridabad (NCR). During my interaction with the audience, i realised that most of us tend to miss out on these 4 vital things in our lives..and of course, we do so at our own peril.... Just if someone could point us towards these things, life can take a completely different dimension...Read on...

1. Life is a project. If we fail to plan, we are planning for failure. 
Being in IT industry, we deal with IT projects day in and day out. This is how the worldwide body PMI (Project Management Institute) defines a project : "A project can be defined as a temporary endeavor undertaken to create a unique product or service. Projects have a definite beginning and an end - they have a limited duration. Projects are a means by which the strategy (and therefore mission) of the company is implemented."
Just compare this definition of project with your own lives. Are we not on a temporary endeavor on this planet? I mean, we are going to die one day, isn't it? Don't we have a definite start and a definite end? Are we all not uniquely living our lives? I mean, everyone has a unique way to live, isn't it? Don't we use our life time to fulfill our mission of life - to stay happy and share the same happiness with everyone around us?
Yes, our life is nothing but a project.
And i have never seen any project succeeding without a definite, precise, detailed, and a documented project plan. So, when the audience was asked to show the project plan of their lives, they were all shocked. As if they were telling me, Who creates a project plan for a life? Well, yes, most of us do not and that is why we tend to be dissatisfied and frustrated. Because we don't have a plan, we don't know what we were supposed to do with our lives and what we are actually doing? We don't know whether we are on track or not? We don't know whether this plan would help us serve the mission of our lives or not?
In nutshell, if we do not plan our lives, we are planning for failure.

2. Know Your mission of life
Someone in the workshop asked me "Well, i want to enjoy the journey. I don't care to save for my future goals. I mean, the goals are useless if i cannot enjoy my today."
He was bang right, and as i could get from what he was speaking, he was representing a young, dynamic and a new generation of our country who don't care too much about planning for the future. They want to live in the present. and I know that happiness is only in the present.
But the only suggestion i had for him was based on my personal experience. I reminded him of the time when we were going for Disney World in Florida in US, and we were driving our own vehicle through the 1100 Km journey spread over 2 days from Bentonville to Florida. Yes, not only the destination, we enjoyed the journey too !! Beautiful countryside, pizzas for lunch, stopover, relaxation, fun all the way !! Everything seemed so wonderful during the journey.
Now, just imagine what would we feel if we were going through the same journey for a serious office client meeting at Florida instead of going to enjoy the Disney World. The journey is the same, the people are the sane but the mission / end objective has changed. I am sure you would agree that the enjoyment would never be the same. 
Knowing your mission in life helps. It helps you to enjoy this beautiful journey called life.
This youngster smiled and i knew that he was transformed for ever.

3. Time is our most critical asset. 
We keep saying that time is critical in life, and that we should spend quality time with our children. When we were debating on this point, someone in the participants asked me as to why spending that much time is important? He justified his question by clearly telling that our parents did not ever spend that time with us, so does that mean that we did not grow up with the values and wisdom that is good enough? Firstly, i was taken aback with the kind of question. But then, my intuition had the answer. 
Yes, i also remembered that our parents really did not have the time to spend with us. They were busy just in earning money. Not that they were in any kind of rat race, but money was difficult to get in those days. There were not enough opportunities to earn enough to survive happily with your families. 
But also remember that in those days, the cultural environment around us was not that polluted too. There was no internet, society was at relative peace with itself, there were less rapes, thefts, and murders. Today, the triggers for your child to lose the track in the initial stages of his / her life are so much more, that unless the parents spend enough time with their children, it is very difficult to pass on the value system that we have somehow carried along from our fathers and forefathers.
Therefore, time, not money is our most critical asset. Gift your child 3 extra hours to play and enjoy with them rather than the latest gadget and i can tell you that he or she would love that.

4. There is so much more in life beyond money. Know how much is enough for you.
Earning money is definitely important. Very important, i must say. But at the same time, not falling into a trap of rat race is equally critical. For this to happen, one must know how much money is enough? This number will be different for different people depending upon their family, age, current standard of living, city where they live in, and so many other factors. 
When you plan for financial freedom in your life, one of the first things you will come to know is how much money is enough for you and your family. This will not only help you build a plan, but you would also realise that you can think of better things in life after you have achieved that much corpus.
For generations, we have been enslaved in the rut of earning money, and therefore sometimes it is difficult to think life beyond earning money, but let me tell you this, form my own experience, that if the mere thought of a beautiful life chasing your dreams and passions without worrying about money is so wonderful and amazing, imagine how the actual life would be. It takes guts to "think" that way, because we are not used to doing it. But it is worthwhile all the way.

Focus on these 4 aspects and tell me if you have missed planning any of these in your own lives. If you have missed out planning any of these in your life, i strongly urge you to go ahead and take action right now, because if you skip this article without initiating an action, then you have lost it, yet again. And of course, you know that you have all my time to seek help. Let me know if you need any help, and i would be more than ready to provide you the same, because that is what serves the mission of my own life.


Manoj Arora
Freedom can buy you what money cannot !!

Saturday, January 11, 2014

What are electronic Insurance Repositories

IRDA has formally launching the Insurance Repository System (IRS) and you can now demat your insurance policies. Here's what you should know about this new concept. READ ON..

What is an insurance repository
It is a facility that allows you to hold insurance plans in the demat form. As is the case with shares and bonds, which can be held in a demat account with a depository, you can keep your insurance policies in an e-insurance account with an insurance repository.

How can you open an e-insurance account
A policyholder can open an e-insurance account with any of the five repositories approved by IRDA. Following are the approved e-insurance providers:
  • NSDL Database Management
  • Central Insurance Repository
  • SHCIL Projects
  • CAMS Repository Services
  • Karvy Insurance Repository. 
IRDA has also stipulated that one individual can have only one e-insurance account.

What if you have policies from different insurers
Even if you have policies from multiple insurance companies, they can be stored in the same account. Right now, only life insurance policies and pension plans are being allowed to be held in e-insurance accounts. However, the facility will eventually be extended to health, car, home and other forms of general insurance.

What are the advantages
  • You don't run the risk of losing the physical documents. This used to be a concern especially because insurance policies are typically long term contracts spanning even the entire life span and keeping a safe custody of these physical papers is definitely a challenge.
  • It will become easier to track your policies as the details will be available at one place. You won't have to go to different offices of different insurance companies anymore.
  • Your paperwork will reduce. With the repository as the single point of service, updating details like change of address or nomination will become easier, faster and more reliable. Today, you will have to go to every insurance provider for change of address or other personal details.
  • It will reduce mis-selling because the agent will not be able to keep the new insurance policy till the expiry of the 15-day free-look period.

What is the cost of this account
The policyholder has to pay nothing to open an e-insurance account or hold the policies in the demat form. All the services provided by insurance repositories are also free. You don't need to pay anything for converting the existing policies into electronic form. The insurance companies will recoup their costs from the savings in policy issuance and delivery.

What to do when you buy a new policy
If you have an e-insurance account, buying a new policy in the electronic form becomes easier. Just quote your account number in the application and opt for a policy in the electronic form. Since the KYC documents would already have been submitted and verified, the insurance firm won't have to repeat the process. The policy will reflect in your account after it is issued.

How do you make changes in a policy
The insurance repository is the single point of service for all your requirements, so you will need to submit your request to it. If the change is at the account level (address or contact details), the repository will execute it after due verification and then intimate the insurance company. If the change is at the policy level (nomination, sum assured or account details), the repository will forward the request to the insurance company.

How can the existing policies be converted to the demat form
All the existing life insurance and pension plans (and other policies when it is extended to all) will need to be converted into the demat form if you want them stored in the e-insurance account. You will need to fill up a request form for conversion and submit your policy documents to the insurer.

So, get e-enabled on your insurance policies and make your life simpler and more efficient.


Manoj Arora
Freedom can buy you what money cannot !!

Friday, January 10, 2014

Who will teach fighting spirit to our kids?

(This is my first attempt at fiction writing, inspired by my own life experiences)

Happiness needs no conditions. When we are happy, we can keep our family happy. One of the sources of generating great positive thoughts and protecting our inner happiness is seeing our children come out as fighters in life, overcoming odd situations and tough people. But if the so called "fighting spirit" is not taught as a subject in the school, then who is going to teach it to them..READ ON

It was a freezing Delhi morning. 6AM. Out of the addiction that Romesh had developed over the past 1 year, he was getting dressed up for the morning 5Km run. This was not new for him. He was now 40+ and fitness took a prime spot in his life's routine. He could feel the freeze in the air outside the house, as the chillness was seeping through the walls and striking his bones, as if trying to convince his soul that there are more comfortable options than throwing yourself in such chill on a Sunday morning. 

Chill tried its best, but the soul was not as easily conquerable now. It had been made much more resilient by a series of habit formation activities over the last 1 year. Romesh had been practicing for more than a year now. He is an active marathon runner, and came 3rd in the last half marathon held just a few weeks back in Delhi. But today seemed an unusually chilly day. Peeping through his drawing room window, he could see the frozen layer of water on the earthen pots just outside the home. 

The soul finally triumphed as he struggled through with his freezing fingers trying to tie his sports shoe laces to give a final touch to his preparedness in taking the icy cold weather head on.

Romesh was about to leave when his elder daughter, Kavya, woke up. Kids were having fun time these days, as the schools were having extended winter vacations considering the extreme weather conditions in Delhi. 

Kavya was clear that she wanted to join her dad in his fight against the "comfort zone". In spite of all his dad's persuasions, she could not be won over. At the hindsight, Romesh was happy, not only because he will have a good company for the run, but also because he could see the same fighting qualities in her, for which he had struggled for most part of his life.

Kavya was cute, adorable and a competitive 10 year old girl. Always a topper in her class, she wanted to excel in everything that she did. She took 10 minutes to finish her morning chores and got ready with a smart track suit, running shoes, an extra jacket and a woolen head cap to make sure that she is protected from the harshness of chilly air outside.

However prepared you are mentally, it is always a different ball game when you actually step out in the chill for a "seemingly non essential" activity like a morning run. I say it non essential only because one can easily plan to run later in the day as well, today being a Sunday. At least, you will get less daemons in the chilly air. But that is what fighters are made of. They do not bow down to the surroundings. They drive their own life. They create their own situations, and Romesh was proud that Kavya was one of them.

It was more or less a rectangular park with approx 400m of perimeter. It was still dark. The warmth of the morning sun had still not melted the frozen darkness. There were hardly any people around. Romesh and Kavya had just completed a bit of stretching and walk. Their hands and toes were almost freezing cold, although they were trying to keep them as cozy as feasible in their own pockets and shoes. The thought of running and facing the icy wind straight on the face, itself was a chilling thought. But it had to be done. 

As Romesh was about to launch into his 5Km run, he realised that this time, he was not alone and he had come with his daughter. This was not his regular practice session. Slowly, some disturbing thoughts started to cross his mind. 
"How will she manage a 5Km run? I have gone through a 1 year period of habit formation, preparing and running a 21Km half marathon, had a much fitter body. But she had never run more than 1 Km at a stretch. Asking her to do a 5 Km with me in this chilly morning was expecting just too much."

One of the easiest options that both of them had was to continue to do some more walk and then go back home and get sunk in the warmth and coziness of their beds. Romesh offered this option to Kavya. She refused. Kavya was not ready to go back till she ran. Fighters are fighters.

She was clear that she will run 5 Km with her dad. Now, Romesh was getting a little worried. This can be dangerous. If you have never ran even 1 Km at a stretch, running 5 Km at a stretch in a seemingly oxygen deficient chilly weather can be really dangerous. Romesh tried to argue with her by throwing all his technical jargon and the excuse of his own vast experience at her. He also pacified her by sharing that she is very much capable of achieving whatever she wants to, but the stamina for such runs is usually built over time and with practice. His requests to Kavya were falling on deaf ears. After your child turns 10, you have to give them the liberty of taking decisions, even though you may feel that they are not right. At most, you can advise them of the pros and cons.

They started with Romesh keeping his fingers crossed. 5Km meant around 14 rounds around the periphery of the park. They started slow and paced up by the 2nd round. Kavya was talking to Romesh while running just behind him. Romesh was happy that he was taking the chill head on and she was somewhat protected from the direct hit of the freezing winds. But he was also worried that if Kavya is in trouble, he might miss it, and therefore he was keeping a slant view from the corner of one eye. He was also keeping his ears extra recipient to hear her running. Kavya was also trying to communicate with her dad while running. Small chit chats about trees, birds and her school friends were keeping his  mind away from the real danger that lay ahead as they continued to exert pressure on their respective blood pumping organ.

It was after round no. 3 that Romesh stopped getting the communication vibes from Kavya. He looked back while running and checked that she was still running along quietly. Getting quiet during running is often the first symptom that it is not easy. Kavya seemed to be running short of breath. It was only at the end of Round 5 that Kavya decided that her body would not be able to accommodate more stress and she must relax. Kavya, however, asked Romesh to continue, as she detoured towards an icy cold bench nearby. 

Romesh was now much more relaxed. He continued to run as Kavya watched him take round after round, without getting exhausted. Practice and Stamina was the key. Kavya joined back Romesh in round 7, skipped the 8th round, and then she was back with her dad in round 9 and so on, till they accomplished their 14 rounds.

Kavya did her life's best run and must have run at least 3 Km. In spite of the chill, both of them were sweating like anything. In fact, after running for 2 Km or more, it really does not matter how cold is it outside, our body generates enough heat to keep us warm. Gasping for breath, as Romesh gave a "high five" to Kavya, he was very appreciative of her maiden 3 Km attempt. 

But this is what Kavya had to say after this experience:
Papa, I am highly competitive and i thought i can do 5 Km with you. But my body just could not coop up after 5 rounds (roughly 1/3 of the way). While sitting on the bench, first, i felt disappointed. But then i looked at you running, and then i looked at others in the park - who are much younger than you but cannot run this much, and then i thought of all those who do not even have the guts to come out of their own beds to win over themselves. I admired your fighting spirit and the fact that you can do so much being 40+. You have set an example for me today, once again. One day, i will beat you, for sure.

Romesh had never felt happier in life. With cut throat competition all around, where we are just trying to bring others down to "win" the "trivial" battles of life, ironically, when your child intends to barge ahead of you, you feel not only happy but blissful. Kavya had just learnt how to fight life situations (like chill, age, peers under performing etc..) and come out as a fighter in life. This was a lesson well learnt. No school text book, no college curriculum and no teacher could have taught her this.

Romesh was exhausted but his mind was actively thinking while dragging his body back home. He side glanced at Kavya as she was looking ahead confidently while walking. Over the years, Romesh had realized that one doesn't have to teach any of the life skills to our kids. We just have to adopt them in our own lives. Our children will look at us and will learn all of these by themselves. We, as parents, are their role model till a certain age, and if we are not fighting it out in life, if we are just comfortable in our own comfort zones, if we are not visible to them, if we do not have time to spend with them, if we do not play with them, fight with them, run with them, walk with them, study with them, solve school and life situations with them, then there are high chances that they might just miss the most important teachings of life that only we, as parents, are bestowed to pass it on to them.

As they entered the house, they were happy that they could overcome the morning challenge. 

Nothing can be more blissful than seeing our own children acquire these life skills. Happiness cannot be far away. Wishing you happiness unlimited.

(This was my first attempt at fiction writing, inspired by my own life experiences)


Manoj Arora
You are entitled to happiness unlimited !!

Saturday, January 04, 2014

Meet another Freedom seeker : Mr. Rishi Diwan

Last time, we met a Marketing Director from Dubai, UAE : Ms Rita Cooper who is on the journey towards financial freedom now. The response to that post was overwhelming. You can read more about her journey and experience till now by clicking here.

In continuation with our effort to interlock you with some common men and women who have been seeking financial freedom, today, it is a chance to meet a General Manager - Plant Operations from Himachal Pradesh, India.

I have tried to mentor him to build a financial freedom plan of his life. This monthly track-able plan, once executed, has the potential to bring him out of the rat race and allow him to chase the true dreams of his lives. This plan can make him experience "true freedom" in life.
And as we all know "Freedom can buy you what money cannot !!"

So, lets meet Rishi to know who he is, what his dreams and goals are, why is he chasing financial freedom, and above all, how has been his experience since he has set himself on this journey to financial freedom. So, here we go, lets meet with our next freedom seeker : Mr. Rishi Diwan.

Rishi is passionate about spend his time and energy with his loved ones and do things which he truly loves doing.
He wants to become a multi millionaire and help others also become so. 

Life need not be an either-or. Rishi has started this journey while being in a corporate job. He has kick started his journey towards financial freedom with a target of Nov 2026 to be free from rat race and start living the life of his dreams.

We will be together monitoring his journey and tuning her portfolio during the course of this journey, so that we stay on track and maximize the returns from his existing investments.

I wish him all the best for his life and wish that he can go on to chase his true dreams and calling in life.

Rishi is just one among all of you. He is no different, except the fact that he took a step to connect with me, was open to accept advise, and then worked on that advise. He took the first step. He came out of her comfort zone and he will surely be rewarded for the same.

Do you think it is wise to have a financial plan in place for your life, instead of randomly doing investments with no target in mind? 
How much money you need to get financially free? 
How much time you need to accumulate that kind of corpus which can fund you for the rest of your life? 
How can you maximise your returns on your net worth?

If you have any of the above questions pondering in your mind, or you have any genuine financial query, or you have strong dreams on which you are yet to start working, do write to me at help@ratrace2freedom.com and i will be happy to share my experience with you, so that we can work together and plan your future better.

There are no charges, no constraints ... only freedom !!


Manoj Arora
Lead a Financially Free Life !!