It's unfortunate that many of us are unaware of simple concepts that can significantly improve our lives. In this video, Dr. Mary Matilda discusses a straightforward concept that helped her achieve financial discipline and security. This concept is known as the diminishing marginal utility theory. The law of diminishing marginal utility states that as you use or consume more of something, the satisfaction you get from each additional unit decreases. When applied, it can make life simpler and happier. Dr. Matilda shares practical ways to implement this theory, which will be highly beneficial for everyone. Additionally, she emphasizes the importance of financial discipline, which involves managing your money wisely, setting a budget, and making informed spending decisions to ensure long-term financial stability and peace of mind.
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Dr. Mary Matilda is the former Principal of Maharajas College Ernakulam. She is a well known motivational speaker, corporate trainer & life skills/soft skills coach. She has Master’s degrees in Mathematics (MSc & M.Phil), Education (M.Ed), Business Administration and Management (MBA), Women Studies (MWS), Applied Psychology (M.Sc), and Ph.D. in women’s studies. She is also a graduate in Law (LLB)
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Негізгі бет How to Gain Financial Discipline with This Simple Concept |Financial Tips Malayalam|Dr. Mary Matilda
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