Produced by: Navneet Kumar Dubey Designed by: Mohsin Shaikh
The construction of the grand Ram Mandir in Ayodhya is not just a matter of cultural significance; it also offers multiple valuable financial lessons. Here are seven critical financial takeaways from this monumental project.
The planning and fund collection for the temple has been going on for decades. This teaches us the importance of starting our savings early in life. No matter how small, incremental savings can accumulate to a sizeable fund over time.
From planning to execution, every step of the temple construction is calculated, reflecting the importance of creating and sticking to a budget. Proper budgeting helps avoid financial overruns and keeps your finances organised.
The legal battles and political issues surrounding the temple construction highlight the need for a contingency plan. Having an emergency fund for unexpected expenses is essential to financial health.
The Ram Mandir project is funded from multiple avenues, from public donations to government funding. Pooling together small contributions can make big dreams possible. Hence, doing SIP in mutual funds can be highly beneficial.
The Ram Mandir temple is a testament to the fact that massive endeavours take time to fructify. Investments, too, need patience to provide significant returns.
The construction of the temple has been a process spanning several decades. This shows us the importance of long-term financial planning and the power of a vision when achieved over time.