For better part of past year or two, I have tried to avoid buying bottled water as much as possible. My reason has been simple - first bottles are made of plastic which is highly toxic to environment. Further, I strongly feel tap water (at most places with basic level of hygiene) are good enough to drink. Another factor is the absolute high premium charged by companies on bottled water.
Some companies have even gone to the extent of claiming that drinking water should not be a fundamental right of humans! Wow! How far can we migrate from basic ethos just to chase some profit - as if all other opportunities to ear profit and run a business have dried up.
That is why this article published by Story of Stuff Project (you should follow the site if you aren't already) is very important. The article throws light on how companies are exploiting natural resources in ways that have long term impact on ecology of regions without being held accountable for the damages caused.
Came across this very interesting article in today's Economic Times feed. Really makes you think if buying the new #iphone7 is worth the amount you need to shell out.
This article makes a very compelling case that for any value conscious consumer, there are many other phones available in the market - mostly at lower price point, with similar or better features.
The entire debate can be summed up with the Buffet quote cited in the article:
Buffett has been quoted as saying: "'Price is what you pay; value is what you get. Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down." Clearly value for money is Buffett's motto and the iPhone 7 is definitely not 'marked down'.
I would definitely rate this as a must read article before one decides to go and buy the new #iphone
After a long pestering from this guy - who never gives up on me to contribute to his blog... here I am with my first post...and to be honest...am really excited about it :) We have been hearing about the changes in the interest computation of our deposits in Saving Accounts. Here is an article by Uday Dhoot, CFPCM, CIPM is a financial planner and COO at International Money Matters who has explained it very lucidly about how you're going to benefit from it. I found it very informative and simple to understand. However, how are the banks going to set-off this additional expense is still unclear and under scanner. Whether the banks increase the minimum balance limit for depositors or increase the annual cherges is for us to wait and watch. More interest for your savings accountIdle money never has worked better for you. Your deposits lying in your Savings Bank Account will work better for you now than they did earlier. Effective April 1st 2010 the RBI has issued an announcement by cha…