Respect your money

by Manikaran Singal on May 30, 2012 Total Views: (118)

Do we actually respect Money? Yesterday, I got a mail from Reliance Mutual fund with the subject line as “Give your money the respect it deserves”. The mail was all about parking money in different mutual funds but the subject line put me into deep thought. In a country like India where we have given GOD status to money in the form of “Goddess Lakshmi”, do we actually respect her?

What money means to you?

Ask yourself this question and you will get many answers to it. Some might be security, freedom, Power etc. You will feel secure with money for your comfortable retirement, family responsibilities etc., some people think that any money they have is a fortunate possession to use as they please. As they feel that it’s no one else’s business how they choose to spend it. They feel free to do anything with it. Some treat it as a powerful thing as they can do so much with it and a lack of it can be so devastating. Now the question is still the same. If money is so important and so woven into our lives, do we respect it?

What does respecting your Money means?

Respecting your money means taking care of it properly. Your money is governed by how you treat it. Money has very important place in our lives. If we give her the respect she deserves, she will reciprocate in the same way. You don’t have to hug, love, touch feet etc. to show respect to your money. Showing respect to money means understanding its Value in true sense. The way you use the money shows how respectful you are towards her.

Respect money

Manikaran Singal

Founder and Chief Financial Planner at Good Moneying Financial Solutions
He’s MBA ( Finance) gold medalist, a CERTIFIED FINANCIAL PLANNER and SEBI Registered Investment adviser. An ex banker , having a decade long experience in financial services industry he manages clients across the globe. He’s an active member of Financial Planners’ Guild India ( An association of practicing SEBI registered Investment advisers). He's very passionate in the financial planning space and with a view to spread financial literacy among masses he writes blog articles and also contributes and quoted in various media publications like Money control, Indian express, Business Bhaskar, Dainik Bhaskar, Money mantra magazine etc. He also delivers training on Various personal finance topics to various corporate houses. You may get in touch with him at

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