Tag: bank

Matching Money

SFLeave a comment

Kaveri is already an ace negotiator

I’ve now agreed to match whatever she saves this (financial) year, with the equivalent each year up until she reaches 21.

We’ve started counting her savings and placed them in a box at my home

That’s now over 5,000Rs from the two years I’ve known her, from selling bracelets at the kids market and generally extorting from the foreigners. 🤔🤭🙂

It’ll be put into a protected account so no one else can get their grubby hands on it.

One of the many many lessons I learned from Manjula is how she experienced people, particularly men but not exclusively, and also family members (and first husband) who would take her money, gold and send her out to the moneylenders to borrow more.

We will have protections in place, help educate Kaveri and hopefully the strong woman I know she will become will help safeguard her as an adult.

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Plus she’s astute at reminding me of my ‘pearls of wisdom’ when I forget to follow my own advice. So we’ll also keep an eye on each other.

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So Kaveri… the savings are for you to choose how to use BUT it’s a waste to spend on parties. Leave that until you’re rich.

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Here’s how we arrived here —- from Facebook

wow 3

SFLeave a comment

well the shortage of cash is now beginning to affect me.

I jokingly refer to Indian being consistently inconsistent and don’t misunderstand me, I love the people and the place but sometimes it just takes the biscuit! and can be sooooo annoying.

I didn’t have enough money to buy train tickets this morning. So I ended up with a single instead of a return.

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I’d also taken the scooter for a service.

 

Would they accept a card or cheque?

Not at either the Post office or the scooter main dealer. So I go to the  nearest Bank (branch of Canara, my personal bank) massive scrum around the bank door. No chance. Next, the five ATMs in the vicinity, all not working. So I get the motorbike out to go to the city and visit the bank branch to cash a cheque for 12,000 Rupees (its around 140 devalued pounds after Biscuit (aka Brexit)). That’s my max allowance now for the week.  Then back to the Post Office to get my return ticket. The clerk has my form, from the first trip to the Post Office in front of her, on the desk (its required to show what ticket you want). There are all the details of the return part of the journey on the same form, she uses that form to complete the details into the computer.

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“Sorry sir can’t take the details from this form” where it listed all the details of the train, its name, number, our names, ages, address, out and return dates and times, preferred class and berth, starting station, getting on station, getting off station. “You need to complete a new form”.

Its at this point I begin to lose it!

later, back home…..

what next?

Half the money has now gone. I suddenly have the realisation that at this rate we’ll not have enough cash to go on holiday next week. That’s why I bought the bloody train tickets.

half a rant

at the bank I asked for my pass book to be brought up to date but have to call back as recent entries are not in the book, is there are a problem? Sorry sir each update (printing of deposits and withdrawals in the book) can only have twenty entries per day/visit. So I have to go back to the bank tomorrow for another printing session to see the other deposit/withdrawal entries. What!? Really?

Farrell’s dodgy factoid and questioning.

I seriously wonder what would have happened if the UK Govt had unilaterally deleted ALL the five and twenty pound notes in circulation overnight and then severely restricted how many of the replacement notes each person could withdraw so they just didn’t have enough cash! Would we have been so accepting and tolerant?

Yesterday a guest managed to cash 2,000 Rs of old money at my bank and had indelible ink marked on his finger nail so that he couldn’t go to another bank to exchange more. Mad!?