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.

Are we moving our young towards Pre historic basic instincts?


With rapid developments in Artificial intelligence and use of it in developing robots that can do almost anything what we are capable of doing we humans will be left with not much to do until unless we come to terms with our cognitive and emotional intelligence. In this next Machine age humans will be left serving the Machines , 3D printers and monitoring the distributed manufacturing facilities. Deep intelligence networks autonomously can start a war or robots can kill people if not programmed properly.  Nations and their policy for human development needs to have a vision 2050 and beyond , right now to prepare our younger generation (with their bodies implanted with sensors and other electronics that control their feelings and habits)  for co-existence with Intelligent machines which are capable to compete and win better over humans in terms of work , logic and processing power.

Roughly around 50% to 60% of planets population becomes available to do something drastically different than what we do presently by year 2050(May be earlier too). This mammoth population will have nothing much to do except eat and have fun when smart machines are doing everything that kept present generations busy with  work, family life and social engagements.

In spite of  living in the most advanced societies mankind will still need to deal with basic human emotions of greed, ego, desires, consciousness, primal instinct of survival, love, hate etc whether it is today or it is  year 2050 and beyond.  Evil characteristics are primitive in nature but always played a vital role and still will play a vital role. Interesting read on this here http://www.bbc.com/earth/story/20160401-how-did-evil-evolve-and-why-did-it-persist

Presently there is an attempt to redefine the fundamental ideas of exactly what it means to be a Human. We can witness unimaginable things happening due to huge investments that control the natural habitat of homo-sapiens and other species. These efforts will pave way of world dominance by a few big corporations and few people

So it is time for every nation to have a policy plan in place for Human Vision 2050 to keep human as humans with feelings, consciousness and intelligence to overcome basic negative instincts. Here are some of the ideas that I wish to propose to make mankind have a meaningful peaceful coexistence.

Academic.

Today’s education system leads to high stress, depression, anxiety and other neurological diseases. Kids Mental strength to withstand even small pressure is depleting fast in this digitally connected fast paced life style. So the syllabus should include developing good human emotions, empathy spirituality, yoga, meditation and how to lead a life rather than just live. Schools should start focusing on nurturing and imparting   human’s best practices, deep cognitive and emotional intelligence. The curriculum should be carefully drafted to make the future citizens to be intelligent enough to know what is good for their long term fruitful coexistence on the planet.

Corporations and Governments.

The smartest and most creative companies will never stop from being just a profitable company. They will strive to become dominant market player and try becoming dominant across multiple business domains leading to world dominance. The Most innovative companies are working on possibilities of making humans immune to diseases, stop aging and other unimaginable things to us today. (example : Calico project https://www.calicolabs.com/)

Powerful Government’s will attempt strategies to have control of natural resources thru world dominance militarily and thru other tactics.   These strategies should be carefully monitored by both companies and governments to avoid self-destruction on the long run. They should consider planet’s other living beings, natural resources as part of their planning for peaceful coexistence and to stay human as much as possible.  Company’s innovations or Government policy matters should enable all citizens to have equal opportunity. They should encourage and support individual’s cognitive and emotional intelligence for better life with best practices for themselves, society and their families for peaceful coexistence.

There is a trend to make humans half robots with body implants, which is so worrisome since these half human/half digital human beings will lose the abilities such as empathy, consciousness and other natural human feelings and finally end up destroying themselves and other living beings. This reminds me of the pre historic life styles where there is nothing much to do but to eat and fight to grab others territories.

Our kids with their soul mate, deserve a nice evening walk in a beautiful garden under the moonlight, listening to their favourite music and having memories that they can share and cherish with their near and dear.   Let’s nurture and nourish the planet with better practices and let our companies consider human feelings to be part of their Technology innovations strategies.