19th July this year was celebrated as National Ice Cream Day in United States. Former United States President Ronal Regan declared that July be called The National Ice Cream Month in 1984. Since then 3rd Sunday of July is celebrated as National Ice Cream Day in many parts of the world. This day is a treat for ice cream lovers and makers alike. On every ice cream day ice cream stores and factories throughout the United States come up with all sorts of unique recipes of ice creams. People also celebrate this day at their homes either by buying these unique ice cream flavours or by making them at home. And the sole purpose of creating one-of-a-kind ice cream is to eat it.
Till date I haven’t come across anyone who possibly does not like ice cream. I read it somewhere that if you want to buy happiness, buy ice cream, that’s one and the same thing. Ice cream brings happiness to everyone whether it’s a 1 year old or a 60 yr. old. From plain vanilla to exotic combos, nowadays we get a lot of varieties to choose from and at many places we even get a chance to create it our own way. But what we miss out is that sometimes in pursuit of creating the best, we end up spoiling the flavour. Yes sometimes mixing too many flavours may spoil the taste.
Personal Finance is no different
We all work hard to make money so that we can do all that gives us happiness not just today but also in years to come. But what we forget is that the money which gives us happiness can also bring despair to one’s life if not managed properly. I often come across people who keep worrying about the best investment that can help them make the most out of their hard earned money. And in the quest to find out the best investments they keep on trying something or another. For instance, to create the best investments kitty we just keep adding different products to it like FDs, Post office schemes, LICs, Sahara, real estate, gold, silver, commodity, futures and options, mutual funds and what not, hoping that something would work. Many call this as diversification. But what they miss out is that they need to have assets for their diversified needs and not diversified products. Identify what you need and what would suit best to your needs and then act upon accordingly.
I never thought that something as small as ice cream can give me a lesson for lifetime. So don’t let the flavour of life get spoilt just because you like experimenting with flavours.