What does money mean to you?
You know, the power of money is the power to able to give it way it. You definitely need a certain level of wealth to take care of your material needs, no doubt about it.. housing, health, basic necessities. But beyond that the power of money is to make a difference to those people whose need is much greater than yours, to whom the value is much higher than the value that you can assign to the money you have, or for whom the difference will be much higher than what it is for you. So essentially, the power of money is the power to give it away. . .
Will your children join Infosys?
My son is doing PhD at Harvard. He is a spectacular student. My daughter is an MBA from Stanford. So both are extremely well qualified. But I believe that they probably would say that it is so much better to run their own marathon on their own legs than on my shoulders.
Image: A bank employee counts $100 notes. | Photograph: Jo Yong-Hak/Reuters
Also read: How Section 80C helps you save tax
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