Posted in Experience, learnings, Life, Philosophy

The Cost of an Indian Wedding

In Indian culture, as soon as the child is born, the planning for one’s wedding starts. The family start’s gathering gold/ possessions right from the day you are born. They do this killing a lot of their own ambitions and aspirations. Now, this is also one of the costs which a family pays in an Indian wedding. Throughout the childhood gathering of possessions continue. Somehow Indian people find a huge satisfaction in possessions and not in experiences. This continues till the education of the child is done and then starts the saga of getting one married. Hence, the cost of marriage can be equated as:

Cost of Marriage (CoM) = Cost of possession + Lost opportunity cost + Lost aspirations + Amount spent in marriage

Cost of possession

We buy anything for a purpose which gives us instant gratification. The touch and feel of that possession give us a very satisfactory feeling. After a while when this feeling wears off comes a state where we should keep up those possessions (gold, house etc.). The cost of possession is the cost of maintaining those things for their life. A gold ornament will need a bank locker, considering the risks involved, A house will need maintenance time and again etc.

Lost opportunity cost

Now when you buy anything, it is at the cost of something else. In typical Indian family where people buy a lot of things planning for future for their children they lose out on many other things in life, the cost of which is huge. Now, you could have invested that money made much more and made everyone happy. But patience is not a virtue of Indian people. A 4000 Rs a month in a mutual fund for 20 years can reap more than a crore which can make everyone’s life very easy and fulfilling.

Lost aspirations

I had to travel to new places but I didn’t have money for it as I took that gold ornament set for my future daughter in law. Now, this thing called marriage leads to a loss of a lot of loss of aspirations for the family. The future that is not even certain. We don’t know what will happen next moment but we easily do things for like 10 years down the line killing a lot of aspirations of our own which could be life changing.

Amount spent in marriage

This is the most stupid thing various Indian families do. They will take a loan and get their son/ daughter married. Why? Because I should keep up that status in society otherwise what will people say about me, because I have only one son and I want to do the best for him, because marriage is only done once in life and no one has an intent of the second one, because this is the only thing we live for are some of the lame reasons you will get. All of this for what? Living your life in debt for the people who will not even remember it next morning.

After reading this do you still want to get married in those big fat Indian wedding types functions, considering what all your parents have been through? Don’t you want to give them back something which will at least make up for those costs that they have paid knowingly or un-knowingly and make you happy about doing something good in life?

Please leave your thoughts in comments,

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Author:

Engineer and MBA by profession but an entrepreneur at heart. Mayank loves building new product and processes. He has developed a product in agricultural space and found an exit. He also had his own teaching institute which he used to run during his engineering. His interests lie in helping start-ups in their early growth stage in the field of strategy and digital marketing. Currently, he is working in Business Intelligence domain at Practo. His other interests include travelling, photography, philosophy, meeting new people and learn new things every time every day.

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