|Life revolves around money; so, to say that money is not important is absurd. The important thing is not to compromise one's principles; not be solely motivated by money. In sports, to deliver a high-quality performance, you have to insulate yourself from thoughts of material gratification, but to render a creditable performance, you have to have solid financial backing. |
In 1998, when I wanted to pursue shooting as a sport, I did not have Rs 10,000 to buy imported ammunition. Luckily for me, my parents could afford it, but there are countless talented sportspersons denied their glory only because of inadequate finances.
Money has only just started to come in for me, and I am slowly learning to transcend middle-class values of buying only what's needed. I wouldn't call myself extravagant, but I don't deny myself the occasional indulgence. When I won silver at the Olympics, I bought myself a Bose Lifestyle 35. Gizmos fascinate me, and rate high on my wish list.
My wife and father look after my investments. But from the little I understand of investing, I prefer bonds, mutual funds and real estate rather than stocks.