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Self Image: Ticket To Success?

Outlook Money

|

August 2024

Your capacity for success will be altered according to the image you have of yourself. So, set it on the right trajectory to move to a higher level

- LARISSA FERNAND

Self Image: Ticket To Success?

Your capacity for success will be altered according to the image you have of yourself. So, set it on the right trajectory to move to a higher level

Q) When I say “dog”, what comes to your mind?

A) “English bull terrier, my favourite dog breed. White, with a patch over one eye, chunky, affectionate, and fun loving.”

When the word dog was uttered, the individual who answered instantly visualised the word based on his memories and experiences. He did not see the word D-O-G, he visualised it. That’s because humans predominantly think visually, in pictures and videos. This interaction is not something I made up. It took place on the podcast, Diary of a High Net Worth Investor, wherein Ravi Dua (guest) posed the question, and Graham Rowan (host) answered.

Take Coke. What comes to your mind when you hear the word coke? The pleasure of having a coke at a school friend’s birthday party because your mother would not keep it at home. The time you and your college friends shared a can of coke after a football game. The evening in a pub where you had a rum-n-coke on your first date with your wife. A glass of ice with the aerated drink poured over it on a hot summer day. That’s because Coca-Cola is not selling you a drink, but a memory.

Coca-Cola as a company knows this, and has a behavioural science team to better understand consumer wants and needs, and enact more targeted marketing activations.

Boat. What comes to your mind? A cruise liner? A yacht? A fisherman’s boat? A sail boat? House. Do you immediately see your house or the dream house you aspire for?

FLERE HISTORIER FRA Outlook Money

Outlook Money

Outlook Money

Gold vs Real Estate: What You Should Know

Both gold and real estate have long been preferred investment choices for Indians. They hold sentimental value, too. We compare the two and assess if one or both assets can complete your portfolio

time to read

7 mins

October 2025

Outlook Money

Outlook Money

Strategic Vs Tactical Allocation

Fixed-income investments can be bucketed based on your time horizon. However, you can also tweak the allocation, tactically, in accordance with the market conditions

time to read

4 mins

October 2025

Outlook Money

Outlook Money

Discipline Is Key, Shows This Retiree's Life

Pramod Agrawal, 64, a former banker, is an inspiration for active retirees who do not know what to do with their idle time post retirement. Pramod, who lives with his spouse in Ghaziabad, had the option of staying at home, like most retirees, but chose to use his expertise in new ways. Now, he is a visiting faculty at several institutes.

time to read

4 mins

October 2025

Outlook Money

Outlook Money

Will The E20 Fuel Rollout Make The GST Benefit Ride Bumpy?

The GST rate cut will benefit most car and two-wheeler buyers, but the E20 fuel rule may upset your budget. Calculate well and plan ahead for a smooth ride

time to read

6 mins

October 2025

Outlook Money

Outlook Money

Input Tax Credit In Insurance

Health insurance premiums in India have become more affordable after the government removed the 18 per cent goods and services tax (GST) on them.

time to read

2 mins

October 2025

Outlook Money

Regulatory Roundup

A few regulatory changes in September 2025, and how they will impact you

time to read

4 mins

October 2025

Outlook Money

Frugality: A Smart Money Move

We often equate frugality with penny-pinching behaviour. But it isn't. It is about being smart with money, and spending it on things that give value and satisfaction

time to read

5 mins

October 2025

Outlook Money

Here's How To Make Health Insurance Claims

For many people, health insurance is the safety net that prevents a medical emergency from turning into a financial burden. Yet, policyholders often find themselves confused while filing claims.

time to read

1 mins

October 2025

Outlook Money

Outlook Money

Why Seniors Need To Know Their Legal Rights

Many senior citizens often end up in destitution after being abandoned by their kith and kin, typically after transferring their property. Can taking recourse to laws meant for seniors lend a helping hand?

time to read

5 mins

October 2025

Outlook Money

Advantage Of Low Cost, High Returns

If you want to stay away from the constant game of chasing outperformance or worrying about underperformance, exchange-traded funds (ETFs) can be a smart option. They provide broad market exposure, are cost-efficient, and eliminate the need to time the market. An index ETF allows you to invest in sectors and stocks of the underlying benchmark in the same proportion as the benchmark. If you want to invest in Nifty 50 companies, Nippon India Nifty 50 BeES could be a decent choice.

time to read

1 mins

October 2025

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