"The Goody Bag Formula" or "Do you know the formula to keep spending your money and still the money never gets over?"

 

The Goody Bag Formula

      or 

Do you know the formula to keep spending your money and still the money never gets over?

 Most people have a fear that they will outlive their money they fear their money will get over before they die, because of their fear people indulge in mindless saving and they live poor and die rich, these are the modern generation Poor; People who live a life of poverty despite having enough wealth, so here is a "Peaceful Life Magic Bag" or The Goody Bag Formula, you can construct as per your need & desire, so what is the proposition? how does this bag solve every problem? the Basic Proposition is to Guarantee the Best Quality of Life & at the same time ensure that their money never gets over in their lifetime .

This single proposition can transform lives and can make people enhance the quality of their lives, they  will buy more stuff, hire more people , on a large scale economy and job creation will improve,
so how does this work?

let's see how it will work 

Based on fair assumptions Rs 2.5.cr is the investment corpus needed to support Rs 1 lac inflation adjustedinflation-adjusted lifestyle per month

Let's say your expenses per annum are as under 

Lifestyle & Living Cost = Rs 12 lac pa, corpus needed to support this  Rs 250 lac

Holiday and Travel Cost = Rs 3 lac pa, corpus needed to support this  Rs 42 lac

Medical Cost including Insurance Premium = Rs 1 lac pa,corpus needed to support this  Rs 21 lac 

 Life Insurance Premium = Rs .5 lac pa ,corpus needed to support this  Rs 10.5 lac

Knowledge Development Cost = Rs 1 lac pa, corpus needed to support this  Rs 14 lac

Purchases of Clothes, Consumer Electronics, Mobile Phones, Subscriptions of software s, etc = Rs 3 lac pa,corpusadjusted inflation needed to support this  Rs 62.5 lac
 

The Cost of Magic Bag for a Peaceful Life Forever = Rs 400 lac (or Rs 4cr.)
 

This is the Magic Number of Living the  Life of your Choice without your Money ever getting over. 

This is a basic concept of this strategy, it depends upon a few more factors, 
in our review meeting, we will discuss details.

Raja Bhattacharjee

 factors
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