A life infused with meaning and purpose is a life well lived. Rightly said by our Eminent Speaker Mr. Rajiv Bajaj, Chairman of Bajaj Capital Ltd, organised by FLO Hyderabad Chapter under the eminent leadership of chairperson Ms. Uma Chigurupati at a virtual Session ‘Net Worth to Life Worth’.
What truly matters is not how long you live but how well you have lived and what you have done to find the meaning in the things that make your life worthwhile, shared Mr Rajeev while talking about Ikigai of money, striking a balance between Mind, body, soul and Money matters.
“Like all human relationships, our relationship with money is a continuous work in progress” says Rajeev Bajaj, who shared the story of his journey in the world of finance and how health and wellness became a huge and integral part of it.
Not a believer in memorizing and repeating lessons, Mr Bajaj shared his own learnt Life Lessons.
* Business has to be built brick by brick, according to him Business should sustainable with a steady income and relationship based.
* This is power of compounding and according to Albert Einstein, it is the eighth wonder of the world. The longer one leaves money in an investment, the more they will get back as return. One should invest consistently with commitment without being swayed by emotions.
*Don’t put all your eggs in one basket. He strongly believes that one should create a portfolio of different investments like shares, fixed deposits, bonds, gold, real estate, cash, etc.
* Linking your investments with life goals. A life goal similar to that of setting up a business, educating children, getting them married, buying a house, etc.
* Asset Allocation-He elaborated on the three categories of market strategy, scheme selection and asset allocation. He said that according to Bronson hood investing 90% into asset allocation, 5% on market strategy, and the remaining on scheme selection, is the best decision one can take for their money.
Mr Rajeev’s thoughts on Money and Health
He claimed that his journey enlightened him about the psychology of money and its spirituality. For this he quoted his father’s thoughts that money is a moving force of God and the physical manifestation of God is money. He said that someone who is humble and puts their money towards a good cause and for the benefit of society, the more they will get back, following the “law of nature”. Attitude towards money is very important. Ours is the only culture apart from Greeks where there is manifestation of God as money. We spend a lot of time nurturing our relationships with human beings, but one should also nurture their relationship with money, there should never be a broken relation. This is however, quite common due to difficulties during one’s childhood.
Speaking about human longevity, he said that he was attracted towards health and wellness of humans along with wealth and strongly believes in this integral connection of health, wealth, and longevity. He said “What good is wealth if one does not have good health to enjoy it” and “Money should outlast you and not the other way around”. Plan for the best and prepare for the worst. We should always be prepared to live for 100 years but also be ready to say bye to the world and leave a legacy behind.
It was a very enlightening session with lot of practical tips on money, investment and Health. The session also helped us to go on a journey of true passion and a path of meaningful living by discovering the life purpose and leverage our unique gifts to achieve professional and personal success.