warikoo Wanderings

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THANK YOU FOR THE BOOK RECOMMENDATIONS

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Last week, I asked all of you for book recommendations. And OMG - you are all so awesome!
I have some great recommendations - books that I hadn't even hear about, which have been suggested by several of you.

Thank you so much for the same.

The top 10 recommended books by you:
​12 Rules for Life​
​5 AM Club: Own Your Morning. Elevate Your Life.
​A Man Called Ove: The life-affirming bestseller that will brighten your day​
​Becoming, by Michelle Obama​
​Deep Work: Rules for Focused Success in a Distracted World​
​Factfulness: Ten Reasons We're Wrong About The World - And Why Things Are Better Than You Think​
​Good Vibes, Good Life: How Self-love Is the Key to Unlocking Your Greatness​
​Show Your Work!: 10 Ways to Share Your Creativity and Get Discovered​
​The Book Thief​
​The Power of Your Subconscious Mind: A personal transformation and development book, understanding human psychology and thinking​

I have read only 3 books from these - so I am super pumped and excited :))

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WHY DO WE LACK MOTIVATION?

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My latest podcast episode speaks about motivation and delves into why we seem to always lack it!

Give it a listen on Spotify, Apple Podcast, Gaana, JioSaavn.

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WHO WOULD YOU DISSAPOINT THE MOST?

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If you have seen the movie 3 Idiots, you would remember the scene where Farhan speaks to his dad, trying to convince him to follow his dream. Each time I watch this scene, I have tears in my eyes.
​Watch it again, if you have forgotten.​

Besides the heart-warming emotional conversation, is an important lesson that I took away from this.
There is always this person, that special person in our life, who we feel we will disappoint the most if we "fail" in life.
For most of us, it is our parents. As we grow up, it could be our closest friend, our spouse, perhaps even our kids at a certain age.

And we live our life, in fear of letting them down.
"They have done so much for me. I cannot be a failure in their eyes."

But we rarely have a conversation with them.

A conversation, not to convince them of what we want to do. Instead, to seek permission.
Seek permission to fail.

Because when the one person we are closest to, tells us that they will continue to love us, irrespective, we find the courage to face everything!

EVERYTHING!

Who would you disappoint the most if you "failed"?
Speak to them today.
And tell them "I want to know that you will continue to love and respect me, even if I am in the worst position possible."
They will never say no!

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QUOTES I WISH TO SHARE

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You can't have simple solutions to end tough relationships.
​(Share on Twitter)​

Calmness is not lack of emotions. It is an understanding of emotions.
​(Share on Twitter)​

When we say "I don't know what I should do", very often we mean "I don't know if what I want to do will work!"
​(Share on Twitter)​

Apologize for your actions. But not for who you are.
​(Share on Twitter)​

You know who are devastated by the crypto crash? Those who invested driven by FOMO.
​(Share on Twitter)​

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RESPONSE TO LAST WEEK'S QUESTION

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Last week I asked you all -

If you put 1,00,000 rupees in a fixed deposit, which gives you 5% returns, how much money will you have at the end of 10 years?

1. Approximately 1,60,000
2. Approximately 91,000
3. Approximately 84,000
4. I don't like math
5. I don't like investing

The answers were surprisingly, devastating :(

64% of you gave the accurate answer - 1,60,000 (which is 5% interest rate, compounded over 10 years!)
15% of you gave the true answer - 91,000 (which is the same 1,60,000 adjusted for inflation - the value of your money decreases over time because of inflation)
10% of you gave the correct answer - 84,000 (which is what will be the value of your money, after paying taxes!)

Inflation is REAL.

Taxes are REAL.

DO NOT put your money in FDs just because they offer a fixed rate of return.
​For every investment you make, ask yourself, what is the post-Tax, Inflation-adjusted rate of return?

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THIS WEEK'S QUESTION

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Would you much rather spend more money on your bed mattress or your work/study chair? And why?

1. Bed mattress
2. Chair
3. Neither are important to me

​Reply to this survey by clicking here (the form is anonymous)​

You can of course, send me an email by replying to this newsletter. I may not reply to all emails, but I read all my emails.
I READ ALL MY EMAILS (baarish mein garam garam pyaaz ke pakode ki kasam!)

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​Read all previous editions of the newsletter here.​