I got inspired to write this post from two news items. These cases are of the so-called class of Indian society “EDUCATED.” However, after going through the news, I felt myself that they are not actually educated. Let me share those two and discuss about what education is.
What is education?
Swami Vivekanada said “The education that does not help the common mass of people to equip themselves for the struggle for life, which does not bring out strength of character, a spirit of philanthropy and the courage of a lion is it worth the name?“. Today’s education system is the same of what Swamiji doubted about education.
Today’s education teaches us more to be slaves to our employer than using our brain for common sense. Go through below two incidents and you will come to know what and how low they are when it comes to common sense or about money.
1) Job seekers duped of Rs.1.25 Cr.
Two days back in Bangalore, an HR firm duped to 67 job seekers to the tune of Rs.1.25 Cr. This HR firm promised the job in Australia. Each job seeker who needs job in Australia must pay Rs.2 lakh as an initial cost of placement. Do remember that job seekers, who were cheated, are not ordinary degree holders. They are all BE and MBA Graduates.
So being engineering and MBA graduate they never used their brain while paying Rs.2 lakh. They blindfolded with dreams of getting a job in Australia. Now the HR Company, which promised them the job, shuts the door.
2) Two people held for cheating a NRI–
Bangalore city police arrested two persons for cheating a NRI to the tune of Rs.60 lakh. This NRI a US based business person, wanted to set up a business in India. They approached many banks to avail a loan for the same, but in vain. Two people, who cheated him, somehow came to know about his requirement and contacted him with a lure of making him to avail a loan of Rs.300 Cr at low interest rate of 6%.
Just to make him believe in them, they visited the land where he wants to set up a factory. They asked for Rs.60 Lakh as a registration fee. This so-called educated business person paid Rs.60 lakh without doing his homework like what is the current interest in India or which bank offering him such low interest loan. Once they received Rs.60 lakh then never returned. Police were searching them.
What you can learn from above two incidents?
- Being bookish or having so many degrees next to your name will not guarantee that you lead a better financial life.
- Cheaters may come from any corner of life. So being cautious is the way to manage money.
- By using common sense while dealing with money is more important than using your ego.
- Merely by educating or having good job not guarantee you that you will be rich in life.
- Even if you have accumulated so much wealth that your next two generations live happily will not guarantee that they live happily. Because in your absent anyone can take away your so-called wealth within a minute.
- If you do not know the things you are planning to execute, then throw your ego. Try to garner the information from expert or known.
- A lot of such cheating will not come to public forum only because of ego and status.
- Finally educate…educate and educate yourself with common sense and general knowledge instead of bookish to your profession.