A confession - and a dilemma

I have a confession to make - I am a complete, hopeless spendthrift. The only time I have saved money in my life is when I had to purchase something. But, after getting a job even this habit has started to vane thanks to the great EMI offers, Personal Loans, and credit cards. Infact, the only reason why I am not neck deep in debt is that I still do have a somewhat sensitive head, which stops me from following all my heart's whims and fancies (though I don't listen to it that much).

Okay, now that I have confessed, let me come to the next point of discussion - which is the current dilemma I am in. Before talking (or rather, writing) about that, let me give you a bit of a background which has given rise it. The thing is, we are Inshallah going to have a function at my place in October/November (and no, I am neither getting engaged nor married, yet). Obvoiusly, when you have a function at home, there are a lot of expenses involved, and I want to support my Dad to the fullest possible extent. This means that I have to start saving from now - since my present bank balance is zero (thankfully it is not in negative).

Now, coming back to my dilemma - it is about whether or not should I go ahead and purchase a bike? The thing is - with Tech Mahindra having taken over Satyam, I can breath more easy now than before, and also since I have already paid the last semester's fee of my MS, so some of my expenses have reduced. So, I can think of buying a bike. The problem is, the bike I want to purchase costs a little over 1 Lakh INR, since my dream bike is the Thunderbird

I have wanted to have a bullet since I was a kid, and the TBTS is that and more. And, I know that I am short, fat, and that I won't look good on the bike - so all my detractors - you have no points to comment on (evil grin!!).

This is my dilemma. Should I buy it now, or should I wait till say August, see my bank balance, and then decide on whether I can take the risk or not. I am thinking on these lines, and am requesting you to think and suggest. Till then,

This is a confused Hashir, signing off

Over and out

Financial (Un)stability

Well, seems like I am neck deep in financial trouble. Being a 20 something techie with little or no financial obligations, I fell into this mess of EMIs, credit cards, and personal loans [:(]. All was under control till the Satyam fiasco did not happen, but now for the last two months am in an economic crunch.

The reason is that though we are getting our salary on time, the payments of other components like the variable pay and the shift allowance is still on hole. And, for me, this means that every month I am getting Rs around 7500 less than what I was expecting.

This surely has affected me a lot, and no matter how much I stop myself from spending lavishly, I still have to meet the payments of the various EMIs and rent etc.

So, right now, am facing the heat, and am trying to find a way out. Lets see where this leads me to. Meanwhile,

This is Hashir, signing off

Over and out