Avoid Extravagant Expenses to Become Prosperous!

While on one hand it is being ensured that the landowners whose lands are going to be used for the Maharashtra Samruddhi Mahamarg Scheme are given a fair compensation, on the other hand they are being advised in detail as to where not to invest the said compensation money and the dangers associated with such investments. This blog talks about the same.

In order to ensure that the landowners who have received compensation under the Maharashtra Samruddhi Mahamarg Scheme do not fall prey to misleading schemes for momentary pleasures, they were guided about where not to invest their compensation money. They were advised about avoiding the misuse of the compensation amount through one-to-one communication. Various issues were discussed during such communication. These are as follows:

  • Avoid investment in gambling/lotteries: There are a lot of examples in our society where in a bid to earn fast money, people end up losing all the money in hand to gambling or lotteries. This is why one must avoid putting one’s money in such wagers.
  • Avoid spending money on addictions and dubious schemes: Not only can addictions be harmful for the health, spending your money indulging in such addictions is detrimental to self. Similarly, one must avoid spending money on dubious schemes, particularly where one has no knowledge about the same.
  • Beware of untrustworthy kith and kin and people that keep asking for advances: Quite often, we advance large sums of money to family, friends or acquaintances in order to help them out. However, it is important to be cautious while lending money to people.
  • Avoid investment in unauthorized and fraudulent companies: Avoid investing with companies that try to deceive people by offering higher interest rates.

The video titled “The Sparrow and The Monkey” tries to highlight the importance of appropriately investing the compensation money taking into consideration the above-mentioned points. Click on the link below to view the said video.