Hello Everyone,
I want to share the This life lesson I learned recently, I got a Earnings of around Rs.2 lacs before 2months, upon teeing money credit in, I started dreaming of buying items. although, I never needed those item as I am already using iPhone 12 Pro and I have plenty of shoes and cloths but still started planning of spending bonus money. After 2–3 days I went to this shop to buy iPhone 13 pro, as I was about to pay using my debit card, the owner of the shop said that there is a deduction of 2% on the total POS value (it means the bank will charge 2000 Rupees for every 1lac rupees), and he further suggested that there is an ATM near by and I could withdraw money and give it to him, I said I will pay through UPI, upon which he said, sir, there is an ATM near by why don't you bring cash it will be easy for me and for you too, and he said, he is ready to give me further discount of 2–3k, upon which I got the idea that he wants to save some tax or whatever.so, I went ahead and withdrew money, as soon as I held 50,000 Rupees in my hand,it was a lot of money for me, suddenly I realized that I was about to buy an iPhone worth more than 1 lac like it was nothing and now I am holding 50000 rupees and its a lot of money, so I just changed my mind and came back to home taking my money, and instead of wasting it on iPhone ,I invested that money after spending a little on My daughter’s birthday shopping happened in Jan month.
Lesson Learned, if you want to make a big purchase, please think about it for some time, wait for 30 days and see if you still need that thing, if you do, go ahead and buy it. furthermore, if you want to make a huge purchase try to withdraw cash of that amount and see if u really wanna spend that much of money on luxury goods, money in electronic form sound small even 1 lac will sound like nothing but if u will have 1 lac in physical form u would want to save it and not spend.
~Azharshaik
