Perfect use of Credit Cards

Well, I found intersting when warren buffet added and I quote " Being a number one invester around the globe he doesnot hold any credit cards".

I got puzzled by this remark and withdraw a coda that credit cards holders spends much than a non credit card holder. The reason out is that it facilitates demands. Please note I have not used the word 'need'. So, if we are able to distinguish betwwen these two words the usability of credit cards will definetlly used for demand purposes.

In United states the people basically use these plastic money and this was the one of the reason for recession from mid 2007 due to which whole world is sufferring. These people where unable to pay back money to the prospective banks . The results is Leyman bro got devastated. Every 10 out of 1 american is on road now and they are feeding there livehood on food coupons given by there government.

I use my credit cards only when i need to pay registration fee for my conferences or for an itenary or when am at abroad for shopping purpose(shopping will be probably come in demand). So, i missuse this basically at shopping.

So, before you use a credit card be carefull and enumerate the areas where you want to use it. otherwise your whole salary will be dumped to balance your balance sheet..

Department of science and technology

It,s very important discussion for the students who are doing research work in there respective fields. Department of science and technology, delhi award's international travel support to the researcher's who's papers are accepted for publication. Just download the forms from DST site and fill up with the prescribed check list. Recentlly i have applied for my international trip and i got the advantage of it. For any quries regarding these matter feel free to get in touch with me...

Brief Discussion about SAP

SAP is a german company which was started by IBM employess in late 70's. These people generated idea of SAP but IBM under estimated it. Later on these people left IBM and started there own company which was named as SAP. 

Well, sometime a very small ideas comes out with big innovation due to which IBM is virtually suffering losses. So, it's a lesson for everyone that never miscalucate or miss-understand anyone idea. Because ideas are no one's monoploy.

I have being learning SAP from last few months. I find it so interesting to work on it that i decided to make up my future in this area as i have good knowledge of accounts. It's neccessary to have pelimanary knowlegde of basic accountancy before any one like to go for SAP. Since my background is from science ,i never got esposed to this kind of area but when i started my mtech program i got very good knowlegde in accountancy. One must realise the bussiness flow. 

If one has done a medium size project on data base mangement system he can realise the business process veryefficientlly. I am saying it because business process has to be automated and to automate its not a cup of tee. Now the challenge for us(engineers) is that we have to understand the business process as well as our technical part implementation to a very large extent. I know when i designed the banking system we faced many problem while automating it  to real sytem.

My abstract till now is related to SAP. For engineers its a hot cake and to know SAP today is a big thing. I am very lucky that i have gone through SAP during my mtech.