Sodium (Na), which is over 500 times more abundant than lithium (Li), has recently garnered significant attention for its potential in sodium-ion battery technologies. However, existing sodium-ion batteries face fundamental limitations, including lower power output, constrained storage properties, and longer charging times, necessitating the development of next-generation energy storage materials.

A research team led by Professor Jeung Ku Kang from the Department of Materials Science and Engineering has developed a high-energy, high-power hybrid sodium-ion battery capable of rapid charging.

This research, co-authored by KAIST doctoral candidates Jong Hui Choi and Dong Won Kim, was published in the journal Energy Storage Materials with the title “Low-crystallinity conductive multivalence iron sulfide-embedded S-doped anode and high-surface-area O-doped cathode of 3D porous N-rich graphitic carbon frameworks for high-performance sodium-ion hybrid energy storages.”

The innovative hybrid energy storage system integrates anode materials typically used in batteries with cathodes suitable for supercapacitors. This combination allows the device to achieve both high storage capacities and rapid charge-discharge rates, positioning it as a viable next-generation alternative to lithium-ion batteries.

However, the development of a hybrid battery with high energy and high power density requires an improvement to the slow energy storage rate of battery-type anodes as well as the enhancement of the relatively low capacity of supercapacitor-type cathode materials.

To account for this, Professor Kang’s team utilized two distinct metal-organic frameworks for the optimized synthesis of hybrid batteries. This approach led to the development of an anode material with improved kinetics through the inclusion of fine active materials in porous carbon derived from metal-organic frameworks.

Additionally, a high-capacity cathode material was synthesized, and the combination of the cathode and anode materials allowed for the development of a sodium-ion storage system optimizing the balance and minimizing the disparities in energy storage rates between the electrodes.

The assembled full cell, comprising the newly developed anode and cathode, forms a high-performance hybrid sodium-ion energy storage device. This device surpasses the energy density of commercial lithium-ion batteries and exhibits the characteristics of supercapacitors’ power density. It is expected to be suitable for rapid charging applications ranging from electric vehicles to smart electronic devices and aerospace technologies.

Professor Kang noted that the hybrid sodium-ion energy storage device, capable of rapid charging and achieving an energy density of 247 Wh/kg and a power density of 34,748 W/kg, represents a breakthrough in overcoming the current limitations of energy storage systems. He anticipates broader applications across various electronic devices, including electric vehicles.

courtsey – @JINU JOHN

The best and the economic way to reach Gavi is through the bus service run by KSRTC ( Kerala State Road Transport Corporation ). KSRTC runs 2 ordinary bus services daily between Kumily and Pathanamthitta. 2 schedules from both the KSRTC depots.  The majority part of the route passes through the thick forests and hilly terrains  of Periyar Tiger Reserve. Wild life sightings are regular, especially elephants. The service passes through  chittar, Seethathodu, Angamuzhi, Kakki Dam, Anathodu Dam, Pamba Dam, Gavi, Vallakadavu and Vandiperiyar.

This bus and the route became famous after the release of the film Ordinary. Tough the major portions I believe should have been shooted outside this route. This route is much beautiful just after the monsoons and if you enjoy the monsoons… go and feel it, you wont be disappointed.

Google maps of the route: http://goo.gl/srm3LQ

The bus timings from both the KSRTC stations,

From Pathanamthitta to Kumily via Gavi :

Schedule 1:
06.30 AM : Pathanamthitta
11.00 AM : Gavi
12.45 PM : Kumily

Schedule 2:
01.30 PM : Pathanamthitta
06.00 PM : Gavi
07.45 PM : Kumily

From Kumily to Pathanamthitta via Gavi :

Schedule 1:
06.30 AM : Kumily
08.00 AM : Gavi
12.45 PM : Pathanamthitta

Schedule 2:
01.30 PM : Kumily
03.00 PM : Gavi
07.45 PM : Pathanamthitta

You can contact the Pathanamthitta KSRTC depot or Kumily KSRTC depot if you want to check more about the service. The phone numbers ,

Pathanamthitta KSRTC :
Office :  0468 – 2229213
Station Master :  0468 – 2222366

Kumily KSRTC :
Office :  0486- 9224242
Station Master :  0486- 9224242 (same as office)

Pathanamthitta – Gavi – Kumily on KSRTC Bus

The best and the economic way to reach Gavi is through the bus service run by KSRTC ( Kerala State Road Transport Corporation ). KSRTC runs 2 ordinary bus services daily between Kumily and Pathanamthitta. 2 schedules from both the KSRTC depots.  The majority part of the route passes through the thick forests and hilly terrains  of Periyar Tiger Reserve. Wild life sightings are regular, especially elephants. The service passes through  chittar, Seethathodu, Angamuzhi, Kakki Dam, Anathodu Dam, Pamba Dam, Gavi, Vallakadavu and Vandiperiyar.

This bus and the route became famous after the release of the film Ordinary. Tough the major portions I believe should have been shooted outside this route. This route is much beautiful just after the monsoons and if you enjoy the monsoons… go and feel it, you wont be disappointed.

Google maps of the route: http://goo.gl/srm3LQ

The bus timings from both the KSRTC stations,

From Pathanamthitta to Kumily via Gavi :

Schedule 1:
06.30 AM : Pathanamthitta
11.00 AM : Gavi
12.45 PM : Kumily

Schedule 2:
01.30 PM : Pathanamthitta
06.00 PM : Gavi
07.45 PM : Kumily

From Kumily to Pathanamthitta via Gavi :

Schedule 1:
06.30 AM : Kumily
08.00 AM : Gavi
12.45 PM : Pathanamthitta

Schedule 2:
01.30 PM : Kumily
03.00 PM : Gavi
07.45 PM : Pathanamthitta

You can contact the Pathanamthitta KSRTC depot or Kumily KSRTC depot if you want to check more about the service. The phone numbers ,

Pathanamthitta KSRTC :
Office :  0468 – 2229213
Station Master :  0468 – 2222366

Kumily KSRTC :
Office :  0486- 9224242
Station Master :  0486- 9224242 (same as office)

The city’s streets are adorned with food stalls and local eateries, known as “thattukadas,” where you can savour mouth-watering snacks like “parottas,” “samosas,” and “banana fritters.” For those craving international cuisine, Kochi offers a range of restaurants serving Chinese, Italian, and North Indian fare. The ambience of dining in Kochi is often a treat for the senses, with restaurants overlooking the Arabian Sea nestled amidst lush greenery. The city’s love for traditional tea and coffee is evident in the popularity of “Chai” and “Kattan Chaya” (black tea) served at every corner.  

Kochi’s food and dining scene is a delightful exploration of diverse flavours, ranging from local Kerala delicacies to international cuisine. The city’s culinary journey is a reflection of its rich heritage and global influences, making it a paradise for food enthusiasts. Whether you’re a traveller or a local, the Kochi holidays offer an exciting gastronomic experience that will leave you craving more.

What to Eat in Kochi?

From traditional Kerala dishes to international fare, Kochi offers a diverse range of culinary delights that are sure to satisfy any food lover. Here’s a guide to some of the must-try dishes and foods in Kochi:

1. Kerala Sadya: A quintessential Kerala meal, Sadya is a lavish spread of vegetarian dishes served on a banana leaf. It includes rice, various curries, pickles, and desserts. Don’t miss out on the classic “Aviyal” and “Rasam.”

2. Meen Pollichathu: This is a mouthwatering spicy fish preparation where fish is marinated in a blend of spices and wrapped in a banana leaf before being steamed or roasted.

3. Karimeen Fry: Karimeen, or pearl spot fish, is a Kerala speciality. It’s often marinated with a mixture of spices and shallow-fried until crispy and golden.

4. Appam and Stew: Appam is a rice pancake with a soft, spongy centre and crispy edges, perfect for dipping in a mild coconut stew, typically prepared with vegetables or chicken.

5. Parotta and Beef Fry: Parotta is a layered flatbread, and it pairs perfectly with a spicy and flavourful beef fry. The combination is a popular street food in Kochi.

6. Puttu and Kadala Curry: Puttu is steamed rice cylinders served with Kadala Curry, which is a spicy black chickpea curry. It’s a popular breakfast item.

7. Kappa and Fish Curry: Kappa is made from tapioca and is often served with spicy fish curry. It’s a beloved comfort food in Kerala.

8. Banana Chips: Crispy and slightly sweet banana chips are a popular snack in Kochi. They make for a great souvenir as well.

9. Prawn Balchao: This spicy prawn dish is a perfect example of the rich and flavourful Goan influence on Kochi’s cuisine.

10. Seafood Platter: Being a coastal city, Kochi offers an array of seafood options. Enjoy a platter of prawns, squid, and fish prepared in various styles, from fried to grilled.

11. Chatti Pathiri: A layered pastry, Chatti Pathiri is often filled with a mixture of chicken and eggs. It’s a unique and delicious dish.

12. Thalassery Biryani: A popular variant of biryani, Thalassery Biryani is known for its fragrant rice, succulent meat (usually chicken or mutton), and rich, flavourful spices.

13. Malabar Parotta and Chicken Curry: Malabar parottas are a flaky, layered bread that pairs wonderfully with spicy chicken curry.

14. Ghee Roast Dosa: A crispy and buttery dosa with a rich ghee flavour, often served with coconut chutney and sambar.

15. Syrian Christian Dishes: Explore the unique flavours of Syrian Christian cuisine, which includes dishes like “Kappa Puzhukku” (tapioca with grated coconut) and “Erachi Varutharacha Curry” (mutton curry with roasted coconut).

16. Bonda: These deep-fried snacks have a crispy outer layer and a soft, spicy filling. They’re a popular tea-time treat.

17. Kozhikodan Halwa: This sweet treat is made from wheat and is flavoured with ghee and cardamom, giving it a distinct taste and aroma.

18. Coconut Lagoon: Enjoy a refreshing tender coconut drink from a roadside vendor, a true taste of Kerala.

19. Payasam: Don’t forget to end your meal with a bowl of “Payasam,” a delicious rice or vermicelli pudding, often flavoured with cardamom and garnished with cashews and raisins.

20. Chai and Kattan Chaya: Kochi is known for its love of tea. Try the local “Kattan Chaya,” a strong black tea, or savour a cup of authentic “Chai” from a street vendor.

21. International Cuisine: Kochi also offers a variety of international cuisines, from Chinese and Italian to North Indian and Middle Eastern. You can find top-notch restaurants serving these dishes in the city.

22. Fresh Seafood: Given its coastal location, don’t miss the opportunity to enjoy the freshest seafood. You can choose from a variety of fish, prawns, crabs, and lobsters prepared in different styles.

23. Local Desserts: Explore local sweets like “Unniyappam” (deep-fried rice cakes), “Achappam” (rose cookies), and “Neiappam” (sweet rice fritters) at local bakeries.

Kochi is a food lover’s paradise, where traditional Kerala cuisine meets global flavours. With its diverse array of dishes and culinary influences, your taste buds are in for a delightful journey. Whether you’re exploring street food stalls, traditional eateries, or fine-dining restaurants, the food scene in Kochi is a memorable experience that celebrates the essence of this vibrant city.

Top 12 Restaurants to Eat in Kochi

1. Fort House Restaurant

Fort House Restaurant, nestled in the heart of Fort Kochi, is a culinary gem that encapsulates the essence of this historic coastal town. This charming eatery offers a delightful blend of Indian and international cuisine with a pronounced focus on fresh seafood. Set in a colonial-era building with a tranquil garden courtyard, the ambience is as inviting as the food is delectable. From sumptuous Malabar curries to mouthwatering seafood specialities, every dish is a celebration of the region’s rich culinary heritage. The restaurant’s welcoming atmosphere and its commitment to flavours make it a must-visit destination for those seeking an authentic taste of Kochi.

2. Kashi Art Cafe

Kashi Art Cafe, a cultural and culinary haven in Fort Kochi, offers a unique blend of art and gastronomy. Set in a historic building, it doubles as an art gallery and cafe, creating a vibrant and artistic ambience. The menu here features a variety of dishes, including delectable breakfast options and fresh seafood. It’s a meeting point for artists, travellers, and locals, fostering an atmosphere of creativity and exchange. Whether you’re savouring a leisurely meal, enjoying a coffee, or browsing the art on display, Kashi Art Cafe is a hub where the worlds of art and culinary delight harmoniously collide, creating a memorable experience in Kochi.

3. Rasoi Fort Kochi

Rasoi Fort Kochi, a culinary gem in the heart of Fort Kochi, is renowned for its North Indian and Mughlai delights. This restaurant invites diners into a world of rich, aromatic flavours, offering a diverse menu that tantalizes the taste buds. From creamy butter chicken to fragrant biryanis, each dish is a testament to the artistry of Indian cuisine. The warm and welcoming ambience complements the sumptuous fare, making it a top choice for those in search of a North Indian culinary experience. Rasoi Fort Kochi’s dedication to authenticity and taste ensures a memorable dining adventure in the heart of Kochi.

4. Trilogi

Trilogi, a rooftop restaurant in Kochi, offers a unique dining experience with a stunning panoramic view of the city. The restaurant’s name reflects its diverse menu that combines Indian, Asian, and European cuisines to create a delightful fusion of flavours. From fragrant Indian curries to delectable Asian stir-fries and European classics, Trilogi provides a gastronomic adventure that caters to various tastes. The modern yet warm ambience, coupled with the picturesque backdrop, elevates the dining experience. Whether it’s a romantic dinner or a gathering with friends, Trilogi is a top choice for those who appreciate diverse culinary influences and a spectacular view of Kochi.

5. Seagull

Seagull, an exquisite dining establishment in Kochi, offers a dining experience that combines fine cuisine with breathtaking sea views. Perched near the Arabian Sea, this restaurant specialises in fresh seafood and Mediterranean fare. Its menu features an array of succulent dishes that celebrate the catch of the day, creatively prepared to tantalise the palate. Whether you opt for grilled prawns, fresh catch of the day, or other seafood delicacies, the culinary journey at Seagull is heightened by the soothing sound of waves and the picturesque setting. It’s a place where food, ambience, and ocean vistas merge to create a memorable dining experience in Kochi.

6. Paragon Restaurant

Paragon Restaurant, a beloved culinary institution in Kochi, has garnered a dedicated following for its mouthwatering Malabar cuisine. This iconic eatery is celebrated for its aromatic and flavourful biryanis, especially the chicken and mutton variants, which are hailed as some of the best in the city. Besides biryanis, Paragon serves an array of delectable dishes, from rich and spicy curries to delectable seafood specialities. The restaurant’s casual yet inviting ambience and commitment to delivering authentic Malabar flavours have made it a go-to destination for locals and visitors alike. Paragon Restaurant is a taste of tradition and a culinary treasure in Kochi.

7. The Postcard Mandalay Hall

The Postcard Mandalay Hall in Kochi offers a dining experience that seamlessly combines history with delectable cuisine. Housed within a heritage building, this restaurant exudes an old-world charm that transports diners to a bygone era. The menu is a delightful fusion of Indian and European flavours, with each dish carefully crafted to please the palate. Whether you’re savouring traditional Malabar cuisine or relishing continental delicacies, the ambience of The Postcard Mandalay Hall adds a unique touch to every meal. Dining here is like stepping back in time, allowing you to savour the taste of history in every carefully prepared dish in the heart of Kochi.

8. Malabar Junction

Malabar Junction, situated in the heart of Kochi, is a culinary gem that showcases Malabar cuisine with a modern twist. This chic restaurant is known for its unique fusion of traditional flavours and contemporary presentation. Guests can relish dishes that celebrate the diverse culinary heritage of the Malabar region, blending a rich array of spices and ingredients. From succulent seafood creations to aromatic biryanis and exquisite curries, every meal here is a tantalising journey. The restaurant’s elegant ambience and commitment to preserving authentic tastes while adding a creative touch make Malabar Junction a must-visit for those seeking a memorable dining experience in Kochi.

9. Ginger House Restaurant

Ginger House Restaurant, nestled within a heritage building in Kochi, offers a delectable fusion of Indian and international cuisines, combining tradition with modernity. The restaurant’s setting is as enchanting as its menu, featuring a tranquil courtyard with lush greenery and a charming interior adorned with artistic details. Diners can relish an array of flavourful dishes, including fresh seafood and Mediterranean delights. The restaurant’s commitment to quality and a unique dining atmosphere makes Ginger House a sought-after destination for those who appreciate the blend of heritage and global culinary influences. A visit to this restaurant is a culinary journey through time and taste in Kochi.

10. Rice Boat

Rice Boat, located at the prestigious Vivanta by Taj in Kochi, is a celebrated restaurant that offers a unique backwater dining experience. This dining establishment is renowned for its authentic Kerala cuisine, featuring an array of fresh seafood dishes prepared with locally sourced ingredients. The restaurant’s signature dish, the “Karimeen Pollichathu,” is a must-try, showcasing the flavours of the region. The dining setting, which includes traditional houseboats, offers a picturesque view of the backwaters, adding to the ambience. Rice Boat is not just a restaurant; it’s a culinary journey that celebrates the rich culinary heritage of Kerala amidst serene waters, making it a top choice for both locals and tourists.

11. Le Arabia

Le Arabia, a culinary gem in Kochi, brings the vibrant flavours of Middle Eastern cuisine to the city. Specialising in traditional dishes like shawarmas, kebabs, falafel, and hummus, it offers a delicious taste of the Middle East in the heart of Kochi. The menu is a tantalising mix of aromatic spices and fresh ingredients, ensuring an authentic experience. Whether you’re craving a hearty shawarma wrap or a mezze platter, Le Arabia’s dedication to preserving the true essence of Middle Eastern cuisine shines through. The restaurant’s inviting setting and flavourful dishes make it a must-visit for lovers of this exotic and delightful culinary tradition.

12. Fusion Bay

Fusion Bay, a charming restaurant in Kochi, lives up to its name by offering a delightful fusion of Indian, Asian, and international cuisines. The menu is a vibrant celebration of diverse culinary influences, combining flavours from different regions and cultures. Whether you’re in the mood for Indian curries, Asian stir-fries, or international classics, Fusion Bay caters to a wide range of palates. The restaurant’s commitment to blending tastes while maintaining the authenticity of each dish results in a memorable dining experience. The warm and inviting atmosphere makes Fusion Bay an excellent choice for those who appreciate the creative interplay of flavours and a global dining adventure in Kochi.

Book your next trip to Kochi

Kochi’s culinary scene is a treasure trove of flavours, offering a diverse range of dining experiences that cater to every palate. From traditional Kerala dishes like the sumptuous Kerala Sadya and Meen Pollichathu to international cuisine served at stylish establishments, the city has something for every food enthusiast. Each restaurant we’ve explored, from Fort House Restaurant’s coastal charm to Fusion Bay’s culinary fusion, adds a unique dimension to the vibrant food landscape of Kochi. With its rich heritage, breathtaking scenery, and global influence on its cuisine, Kochi stands as a food lover’s paradise, inviting visitors to embark on a memorable gastronomic journey. Start planning your holidays by searching for flights to Kochi.

The Nexon was the first model to achieve a five star #SaferCarsForIndia rating in 2018. In 2023 the new Nexon has been updated with additional safety equipments, including six airbags and Electronic Stability Control(ESC) as standard. The new rating is valid for models produced as from August 8, 2023. Global NCAP said in a media release.

New Delhi: The Tata Nexon has achieved the second highest Global NCAP score, five star, for adult and child occupant safety in the #SaferCarsForIndia testing to date. Tata also holds the top spot for its Safari/Harrier rating.

The Nexon was the first model to achieve a five star #SaferCarsForIndia rating in 2018. In 2023 the new Nexon has been updated with additional safety equipment, including six airbags and Electronic Stability Control (ESC) as standard. The new rating is valid for models produced as from August 8, 2023, Global NCAP said in a media release.

Global NCAP’s crash test protocols assess frontal and side impact pretection for all models, as well as Electronic Stability Control. Pedestrian protection and side pole impact protection assessment are required for vehicles scoring the height star rating.

Tata Nexon showed a stable structure and robust restraint systems which offered good protection. The model offered almost full protection for child occupants in the dynamics tests and is fitted with i-size anchorages and a passenger airbag disabling switch, making it very versatile for transporting child occupants, the release said.

The Nexon meets UN127 and GTR9 requirements for pedestrian protection as standard. The model also complies with Global NCAP’s ESC requirements and offers seat belt reminders in all seating positions, the release added.

Alejandro Furas, Global NCAP Secretary General said, “Tata has consistently demonstrated its commitment to safety and the Nexon’s very significant result should be the example to follow by other car makes in India. The continuing evolution of Tata’s safety performance across the model range should make the company very proud.”

David Ward, President of the Towards Zero Foundation said, “Achieving high standards of crash test safety has now become a core component of the Tata brand in India. We applaud Tata’s leadership for this strategic commitment and look forward to the next stage in the company’s road safety journey.”

• Hero Mavrick 440 prices announced
• Prices start from Rs 1.99 lakh going up to Rs 2.24 lakh depending on the variant
• Bookings start from today, while deliveries to commence from April onwards

Ushering the introduction of a new motorcycle in the under 500cc premium segment, Hero MotoCorp has announced the prices of the all-new Mavrick 440. Available in three variants – Base, Mid and Top, the prices of the Mavrick 440 are, Rs 1.99 lakh, Rs 2.14 lakh and Rs 2.24 lakh, respectively (All prices are ex-showroom, Pan-India). Bookings of the motorcycle have started from today at Rs 5,000, while deliveries are expected to commence from April onwards. Notably, Hero has also introduced a ‘Welcome to Mavrick Club Offer’ program that is available to buyers who book the Mavrick 440 before March 15th. Under this offer, buyers will receive a customised Mavrick kit consisting of accessories and merchandise worth Rs 10,000.

With the Mavrick 440 added to Hero’s lineup, it is now the highest displacement motorcycle in the product portfolio. Built using the platform of the X440, a result of the partnership between Harley-Davidson and Hero MotoCorp, the Mavrick 440 is a roadster featuring an assertive and forward mass design. The motorcycle sports a muscular fuel tank with prominent tank extensions, a bold round LED headlamp, a stepped one-piece saddle, digital instrumentation and more.

Also Read: Hero MotoCorp Unveils All-New Mavrick 440; Price Announcement In February 2024

Although the Mavrick 440 is marketed as a roadster, the riding ergonomics have been crafted keeping comfort in check. The motorcycle has an upright riding stance thanks to the sculpted spacious seat, neutral-set footpegs and wide handlebar. The bike rides on 17-inch wheels with a ground clearance of 175 mm, a telescopic fork setup at the front and 7-step twin shocks at the rear. Braking is done by disc brakes at both ends equipped with dual-channel ABS.

Built around a trellis frame, the Mavrick 440 is powered by a 440cc air/oil-cooled TorqX motor that is capable of producing 27 bhp@6000 rpm and 36Nm@4000rpm and comes mated to a 6-speed gearbox. The torque curve has been tuned to offer over 90 per cent of the peak torque at about 2,000rpm, giving it strong low-end performance which should make the Mavrick 440 a peppy motorcycle to ride in the city and effortless to ride out on the highways. 

On the tech front, the Mavrick 440 is equipped with negative display digital instrumentation that is equipped with turn-by-turn navigation, smartphone connectivity, low fuel indicator, distance to empty and a few more features. The unit also has eSIM-based connectivity providing the user with additional features like remote tracking and access to over 35 functions through the Connected 2.0 app.

Hero is offering the Mavrick 440 in five colour options that have been spread across the three variants. While the base variant is available only in Arctic White, the mid variant is available in Celestial Blue and Fearless Red. The top-spec variant is available in two colours – Phantom Black and Enigma Black.

While navigating wealth creation and management, the rich often follow a distinct set of money rules and principles that differentiate their approach from ordinary people. These laws of wealth are not just about accumulating assets but about strategically building, diversifying, creating influence, and preserving affluence.

How To Get Rich: 5 Rich Principles That Change Your Life

In this article, we delve into nine fundamental strategies that the financially successful employ, offering insights and guidance for anyone aiming to understand the deeper nuances of effective wealth creation, wealth building, management, and growth.

What Are The Laws Of Money And Wealth?

Here are nine advanced money rules often followed by the wealthy, distilled from various studies, books, and experts:

1. Leverage and Investment: The rich often use leverage to amplify their investment returns. For example, they borrow at lower rates and invest in higher-return assets.
2. Diversification: Wealthy individuals diversify their investments across various asset classes to mitigate risk.
3. Income Streams: They don’t rely on a single income source. Multiple streams of income, including passive income, are a vital strategy.
4. Long-Term Perspective: The rich focus on long-term gains rather than short-term fluctuations, understanding that wealth building is a marathon, not a sprint.
5. Tax Efficiency: Understanding and utilizing tax laws to minimize liability is shared among the wealthy.
6. Risk Management: They are adept at managing and mitigating risk in investments and across all financial decisions.
7. Asset Protection: Wealthy individuals often use legal structures to protect their assets from lawsuits and creditors.
8. Philanthropy and Legacy Planning: Many wealthy individuals engage in philanthropy and establish trusts or foundations for legacy planning.
9. Continuous Learning and Adaptation: They stay informed about financial markets, technology, business trends, and economic trends. They are willing to adapt their strategies accordingly.

These rules are more about strategic thinking as the specific tactics will differ for each person, reflecting a growth mindset geared towards building assets and preserving wealth.

Keep reading for a deeper dive into the rich’s money rules.

Leveraging Wealth: The Power Of Investment Leverage

One of the most powerful tools in the wealthy’s financial arsenal is leverage – using borrowed money to increase investment potential. This strategy amplifies returns while managing risks. However, it’s not without its pitfalls.

Key considerations when using leverage include understanding the cost of borrowing, the potential returns on investments, and the risks involved. The rich use leverage judiciously, ensuring the potential gains outweigh the risks and costs. Self-liquidating assets, real estate, and business ownership are three of the wealthy’s most popular debt-driven wealth-building tools.

Mastering Diversification: Spreading Risk To Grow Rich

Diversification is a cornerstone of wealth management. It involves spreading investments across various asset classes to mitigate risk. The wealthy understand that putting all eggs in one basket is risky.

Instead, they invest in stocks, bonds, businesses, real estate, and other assets. This approach protects them from the volatility of individual investments and positions them to capitalize on different market conditions. Self-made millionaires tend to start concentrated on their wealth building with their primary business and then diversify into more investments as their wealth grows to alleviate risks.

Multiple Income Streams: The Secret To Sustained Wealth

The rich don’t rely on a single source of income. Instead, they build multiple streams, including passive income, dividends, and rental income. This strategy provides financial stability and opens up growth opportunities.

By diversifying their income sources, the wealthy ensure they are not overly reliant on any single income stream, which is crucial for long-term financial security. They tend to have cash flow from a business, investment dividends, rental properties, and digital assets, among other income sources.

The Long Game: Wealth Building With A Long-Term Perspective

Wealth building is a marathon, not a sprint. The wealthy focus on long-term gains rather than short-term fluctuations. They understand that patience and foresight are critical to wealth accumulation.

Long-terminvestment strategies often involve holding assets over extended periods, benefiting from compound interest, compounding capital gains, reinvesting dividends, and avoiding the pitfalls of panic selling their long-term investments.

Tax Strategies: Minimizing Liability, Maximizing Wealth

Tax efficiency plays a significant role in wealth management. The wealthy use various strategies to reduce their tax liabilities, maximizing their wealth. These strategies can include investing in tax-advantaged accounts, making charitable contributions, and utilizing tax-efficient investment vehicles.

By minimizing the amount paid in taxes, the wealthy can retain more of their earnings for reinvestment and growth. The wealthy’s largest and most controllable expense is taxes, so they optimize for minimal taxes through the existing tax code and expert advice.

Risk Management: The Wealthy’s Approach To Financial Security

Risk management is crucial in personal finance, especially for the wealthy. Their approach to risk focuses on the preservation of capital. This involves identifying potential hazards, assessing their impact, and implementing mitigation strategies.

Key risk management strategies include diversification, insurance, and setting aside emergency funds. They always look at the size of the risks they take on and the overall risk-reward ratio for each endeavor.

Asset Protection: Safeguarding Wealth Against Threats

Protecting assets from legal and financial threats is another critical aspect of wealth management. The wealthy often use legal structures like trusts and holding companies to protect their assets from lawsuits and creditors. These structures can shield personal assets, preserving wealth for future generations.

Philanthropy And Legacy: The Rich’s Approach To Giving Back

Many wealthy individuals consider philanthropy and legacy planning integral to their wealth strategy. This approach goes beyond mere wealth accumulation, focusing on the impact of their wealth on society.

Philanthropy can take many forms, from charitable donations to establishing foundations. Legacy planning often involves establishing trusts and estate planning to ensure wealth is passed on according to their wishes.

Adaptation And Learning: Staying Ahead In Wealth Management

The financial world is ever-changing, and staying informed and adaptable is crucial for successful wealth management. The wealthy invest in continuous learning, keeping updated on financial markets, economic trends, and new investment opportunities. This proactive approach allows them to adapt their strategies to market changes and emerging trends.

Key Takeaways

• Utilizing borrowed funds strategically enhances investment returns.
• Wealth accumulation benefits from a diversified investment portfolio.
• Establishing diverse income sources ensures financial resilience.
• Prioritizing long-term wealth growth over immediate gains.
• Implementing tax-efficient strategies to retain more earnings.
• Emphasizing capital preservation through calculated risk assessment.
• Safeguarding assets with legal measures against potential threats.
• Integrating charitable acts and thoughtful legacy planning.
• Committing to ongoing education and adaptability in financial strategies.

Conclusion

The fiscal habits of affluent individuals revolve around sophisticated management and the growth of resources. These principles encompass a broad spectrum, from leveraging and protecting assets to philanthropic endeavors and continuous self-education in the financial realm.

Embracing these rules offers a blueprint for accumulating wealth and nurturing and sustaining it through thoughtful, informed decisions. This approach underscores a holistic view of wealth, where its creation, preservation, and utilization go hand in hand, paving the way for lasting financial success and impact.

The financial strategies of the wealthy are not just about accumulating more money; they are about managing and growing wealth sustainably. By understanding and applying these nine money rules, you can take a page from the playbook of the rich and set yourself on a path to financial success. Remember, wealth building is a journey that requires patience, foresight, and a willingness to learn and adapt.

In a world where travel has become more accessible than ever before, finding ways to save on airfare has become a skill sought after by every savvy traveller. Whether you’re planning a dream vacation, a quick getaway, or a business trip, the cost of flights can significantly impact your overall budget.

Fortunately, there are expert strategies and tips that consistently prove effective in helping travellers secure the best deals on air tickets. Here are 10 expert tips that help travellers make smart choices when it comes to air travel.

The world’s most stressful airports!

FacebookTwitterPintrest

Book in advance: Generally, booking tickets well in advance can help you secure lower prices, especially for popular routes and peak travel seasons. Aim to book at least a few months ahead if possible.

Photo courtesy: CanvaBe flexible with travel dates: Flexibility with your travel dates can lead to significant savings. Use fare comparison websites or tools that allow you to view prices across different dates to identify the cheapest options.

Consider alternative airports: Flying into or out of alternative airports, especially smaller ones, can sometimes result in lower fares. Be sure to factor in transportation costs to and from these airports when assessing overall savings.

Use Incognito Mode: When searching for flights online, use a private or incognito browsing mode to avoid cookies tracking your searches. Some airlines and booking sites may increase prices if they detect repeated searches for the same route.

Photo courtesy: CanvaConsider budget airlines: Budget carriers often offer lower fares compared to traditional airlines. While they may have fewer amenities, they can be a cost-effective option for short-haul flights.

Opt for connecting flights: If you are not pressed for time, consider connecting flights. Direct flights are convenient but are often more expensive. Connecting flights can sometimes be significantly cheaper. Just ensure you have ample layover time to avoid missing your connection.

Photo courtesy: CanvaUse reward points and miles: If you’re a frequent traveller, take advantage of loyalty programs offered by airlines and credit card companies. Accumulated points or miles can be used to offset the cost of airfare or even secure free flights.

Travel off-peak: Travelling during off-peak seasons or avoiding peak travel days (like weekends and holidays) can result in lower fares. Additionally, flights during off-peak hours, such as early morning or late at night, may be cheaper.

Be ready to book quickly: When you spot a great deal, don’t hesitate to book it. Flight prices can fluctuate rapidly, so decisive action can help you secure the lowest fare before it disappears.

Bengaluru-based electric vehicle manufacturer Ather Energy has officially launched its flagship electric scooter, the 450 Apex, with a starting price of Rs 1.89 lakh (ex-showroom). The company had already started accepting bookings for the scooter last month, with a token amount of Rs 2,500. Deliveries of the electric scooter are set to begin in March 2024.

The Ather 450 Apex comes with several upgrades compared to its predecessor, the Ather 450X. It boasts a more powerful 7.0 kW/26 Nm motor, allowing it to surpass speeds of 100 kmph. In contrast, the 450X had a top speed of 90 kmph. The Apex also offers better acceleration, reaching 40 kmph from a standstill in just 2.9 seconds.

The flagship scooter shares the same 3.7 kWh battery pack as the 450X, but with an improved claimed range of 157 km on a single charge. It features five riding modes, including the new ‘Warp+’ mode, which offers enhanced acceleration without compromising the range of 75 km. Another notable feature is ‘Magic Twist,’ which allows the scooter to slow down without using the brakes every time the throttle is released.

The Ather 450 Apex is available in the Indium Blue paint option and features transparent side panels, giving it an eye-catching appearance. It also comes with an extended 5-year/60,000 km battery warranty, in comparison to the 3-year/30,000 km coverage provided for the 450X. Other than these changes, the scooter remains largely the same, with similar features and hardware.

My family and I don’t exchange birthday or Christmas gifts. Instead, we travel together to Asia or Africa for two weeks in December.

We’ve spent the holidays hiking volcanoes in Indonesia, traveling by train through Vietnam, and swimming in the Indian Ocean in Madagascar.

This past Christmas, my family and I spent two weeks traveling through the southern Indian region of Kerala.

The highlight of our trip was spending Christmas on a private houseboat for 25,000 rupees, or about $300.

We boarded our private, two-bedroom houseboat in an Alleppey canal.

Our houseboat was docked in Alleppey, also known as Alappuzha.

It’s a river city framed by sprawling rice fields and narrow canals lined with palms and pastel-colored houses.

We boarded our two-bedroom houseboat in what’s popularly known as the backwaters, a network of lagoons, lakes, and canals throughout the Kerala region.

Our houseboat had a living and dining area with floor-to-ceiling windows, two bedrooms with private bathrooms, and a kitchen where a private chef cooked us lunch, dinner, and breakfast.

Advertisement

The main part of the boat was filled with natural light.

We entered the boat through the light-filled living and dining area — each side had three huge windows. It also had two ceiling fans to help stave off the Indian heat.

After boarding, we met our two-person staff (not including the houseboat’s driver), who welcomed us with freshly squeezed pineapple juice.

Long benches snaked along the houseboat’s two sides, and wooden lounge chairs were positioned by the windows for optimal views.

Advertisement

After boarding, we checked out our living quarters for the night.

Both bedrooms were off a long hallway that led to the kitchen.

Each had a king-sized bed, two nightstands, a mirror, a small closet, a window, and a private bathroom with a shower.

In December, India is dry and sunny, so I was also glad to have air conditioners in each bedroom and the living room.

Advertisement

Soon, we began cruising along the backwaters.

During the day, all the living and dining-room windows were flung open to let in a much-needed cooling breeze.

As the houseboat’s engine came onto a rumbling start, I sat in a lounge chair behind the driver for a 180-degree view of the scenery.

Advertisement

Cruising down the backwaters felt like sailing through liquid glass.

The canal’s water was so still that the palm trees and houses were reflected almost perfectly onto its surface.

I enjoyed sailing by the many temples, schools, and houses shaded by lush vegetation and bushes of hibiscus flowers. Each waterfront house had small steps leading into the canal.

I thought it was one of the most beautiful places I’d ever seen.

Advertisement

An hour into sailing, we were served an authentic local lunch.

The lunch prepared for us was a full-on feast.

We were given a large pot of basmati rice, vegetables and cabbage tossed with grated coconut, and cubed potatoes drenched in a lightly spicy sauce.

We also had plenty of poori, a deep-fried bread, and we each got a local river fish grilled with turmeric and masala.

Everything was delicious, but the star of the meal was the fish. Its meat was incredibly tender, flaky, and flavorful.

Advertisement

After lunch, the boat stopped and we went on a walk.

Before heading on our walk, the staff told us of a local fish stall where we could pick out our meal for the night.

The pop-up store had river crabs, river king prawns with long cobalt-blue legs, and other local fish.

We bought four king prawns and a red snapper for 1,180 rupees, about $14, and returned to our houseboat.

Advertisement

At around 5 p.m., we were served tea and a light snack.

Throughout my two-week trip to India, I drank my weight in masala chai, a tea spiced with cardamom, clove, cinnamon, black pepper, allspice, star anise, and ginger. It’s often served with milk and sugar.

It’s common to drink chai during breakfast and in the late afternoon and have a sweet or savory snack with it — I happily took part in this ritual every day.

The masala chai on board was perfectly spiced and served alongside sweet, deep-fried bananas that were surprisingly light.

As the sun set, we docked for the night in the same spot we boarded from earlier in the day.

We closed the windows to keep out the many mosquitos that arrived at dusk, drew our shades for privacy, and turned on all the AC units on the boat.

Advertisement

We were served dinner an hour after sunset.

The king prawns and red snapper we purchased earlier were cooked with garlic paste, turmeric, masala, and lime.

We were also served chapati (flatbread), basmati rice, spicy cubed potatoes, and a bowl of yellow dal (a rich and creamy lentil soup). We washed our dinner down with a cold bottle of Indian Grover sauvignon blanc.

Everything was bursting with flavor, and it was easily one of the best meals we had during our trip. After dinner, we drank hot ginger tea to digest, played cards, and returned to our rooms for an early night.

Advertisement

The next day, I woke up early to enjoy the quiet moments of the morning.

I woke up around 7 a.m. to experience the backwaters in the early moments of the day. When I walked out of my bedroom, I saw that the living and dining ares were bathed in golden sunlight.

For the next hour, I packed up my things and sat by the windows to take in the views.

Advertisement

At around 8 a.m. we were served a hearty Indian breakfast.

The dining table was set with a large pot filled with rolled Indian pancakes stuffed with grated coconut, sugar, and cumin seeds.

There were also glasses of freshly squeezed pineapple juice, butter-soft omelets, and sliced toast slathered with local pineapple jam.

It was easily the best breakfast I had during my trip.

Advertisement

As we ate, the houseboat went on one final sail.

We passed by locals welcoming the cloudless day by washing their clothes in the canal and hanging them across trees to dry.

I saw turquoise dragonflies and yellow butterflies flicker past the windows and white egrets standing on large patches of floating water lettuce.

Advertisement

The experience was the highlight of our two-week trip.

Although I was sad about leaving the houseboat and Alleppey, I felt incredibly grateful for the experience.

The local meals, friendly staff, and views of the city’s backwaters made the night aboard the houseboat the highlight of our two-week trip.

Next time, I’d like to stay two nights to maximize the experience and see new areas of Alleppey’s backwaters.