Save Your Money: Lessons Learned from a 60 yr old Beggar July 8
There is a phenomenal article on BBC today about a 60-year-old beggar saving her coins for over 40 years. She has saved over 200 pounds of coins totaling as much as $700.
“When 60-year-old Laxmi Das recently deposited her earnings in an Indian bank in Calcutta, it was a bit more than the usual mundane money transfer.
Ms Das handed over 91kg (200lb) of coins - the produce of 44 years of hard begging - enabling her to open an account and qualify for a credit card.
Laxmi began begging near Hatibagan, a busy road junction in northern Calcutta, at the age of 16.
…
She would spend frugally from her daily collection and save the coins. She was very possessive about them,” says her sister Asha.…
Ms Das told bank officials that she had stored the coins for when she reached “old age” and needed a pension plan for when she was too old to beg.
That’s right, this was her retirement savings. Talk about planning and frugality.
Read the full article it’s quite interesting.
