The value of Liquid Net Worth


Net worth is defined as  “Assets – Liabilities”. Where assets are everything that you own(house, cars, jewellery, rental properties, securities etc. and in case of companies it would be employees, machinery, factories , bank balance etc. ) whereas Liabilities are credit card and debit card bills, EMI bills, loans, mortgages and other loans  and for companies salaries, long and short term debt payments, taxes  etc.

Whereas Liquid Net worth is “Liquid assets – short term expenses”.

Liquid asset  are cash you hold   or something that can be easily converted to cash (A fixed deposit in Bank )  , to meet short term expenses such as meeting the family expenses, near future payments such as credit card bills, rent, monthly bills  and in case of companies it would be salaries, taxes , administrative and other expenses.

Covid-19 pandemic has brought to the lime light this very important self-assessment of personal, professional, emotional and financial evaluation to the core . It exposed all our fallacies of planning, optimism, denial, underestimation of the problem and not staying mindful of what’s happening around us that is destroying financial , professional and personal wealth and health.

What else is happening is that Nature already started signalling that we have done enough damage to the planet by expressing itself with  extreme weather, unintended severe storms , mild earthquakes(recently in Delhi) which I  think may destroy livelihood more than this covid-19 Pandemic and may lead to more financial distress to families and companies and to countries GDP growth.

When we look at these extra ordinary negative events, Liquid net worth becomes so important   to all of us and it is time that individuals and companies should start to seriously evaluate all possible scenarios of what can go wrong and come up with alternative plans to avoid pain and grief. Companies cannot afford to layoff valuable experienced employees for  this nasty passing cloud called Carona. Companies should have hard cash excluding working capital requirements (Cash is what is more important in present situations that can make or break a company) ,  that can allow them survive without any issue for at least a year with business as usual possibility,  individuals should start asking if they are eligible to spend on any given day. We should avoid waste by not buying that we will not use/eat or can be postponed for a while. There are many more such ways we can assess to increase our Liquid Net Worth and reduce Liabilities to have a peaceful, healthy living or a nice evening walk with your near and dear.  Ponder on this and increase your liquid Net worth and stay hale and healthy.

Note: Never ever go for EMI on Credit card or for Moratorium. Without your attention those bills become so huge that it can destroy all your present or future financial plannings and also net worth will be gone.

Software Services for Business


https://www.braintreepayments.com/   lets developers accept payments in their app or website

https://stripe.com/ same business like braintree , makes it easy to accept credit card payments on a website or mobile app by eliminating the need for merchant accounts and gateways. JavaScript libraries and Android and iOS toolkits take care of capturing customer card data.

http://www.elasticsearch.org/ enables data exploration by allowing developers to pose free-text or more structured queries to large volumes of data via aRESTful API. It’s built on top of the Lucerne Apache project, a Java-based text search engine.

Firebase is BaaS (backend as a service), a cloud database , replaces all the usual server-side infrastructure with highly scaleable and secure data storage. When one client updates the data repository, where data is stored via an API as JSON, the changes are synchronized by notifying all other clients

http://www.firepad.io/#1  Use Firepad’s rich text features for collaborative blogging, note taking, proofreading and much more!

https://www.heroku.com/ Platform as a Service (PaaS) companies and it supports Ruby, Node.js, Clojure, Java, Python, and Scala. PaaS services let developers concentrate on writing code rather than operating infrastructure by managing servers, deployment, and scaling for them. Over 4 million apps are deployed on Heroku.

http://www.jetbrains.com/ has been making developer tools like IDEs (Integrated Development Environments), including the widely used Java IDE IntelliJ, as well as continuous integration and project management tools for over 10 years. JetBrains is now creating a new statically typed language for the JVM called Kotlin.

http://pusher.com/  is a hosted service for adding real-time features like notifications, chats, and data feeds to web and mobile applications. Essentially, it lets developers offload a lot of the work of real-time synchronization to Pusher’s RESTful API. New information is sent to the API and Pusher uses awebsocket connection to push new updates to the browser instead of pulling them from the server.

http://sendgrid.com/  helped developers to deliver millions of transactional and marketing emails like purchase confirmations, without having to run their own email servers. To send email through SendGrid a developer just needs to change his email configuration to point to SendGrid’s servers.

http://www.twilio.com/voice by letting developers add voice, SMS, and VoIP functionality into web, desktop, or mobile software. You can even build an entire call center system with Twilio’s cloud API including call queuing, routing, and call recording.