Time is a concept which is related to our perception of reality. There are three times: past, present and future. Tense is a grammatical category which is marked by verb inflection and expresses when an event or action happens in the flow of time.

(i) Credit creation is one of the important functions of a commercial bank. It constitutes the major component of the money supply in the economy.
(ii) They create credit in the form of demand deposits.
(iii) The process of credit creation occurs when banks accept deposits and provide loans and advances. When the customer deposit money with the bank, they are called primary deposits. This money will not be withdrawn immediately by them.
(iv) Hence banks keep a certain amount of deposits as reserves which are known as Legal Reserves Ratio (Cash Reserve Ratio and Statutory Liquid Ratio) and provide the balance amount as loans and advances.

The narrator belongs to Hosahalli, a village in the erstwhile Mysore State. Hosahalli is to Mysore state what the sweet ‘Karigadabu’ is to a festive meal in South India. The village has some mango trees, creepers and a pond. The people are simple. The ‘priceless commodity’, English is not so widespread in Hosahalli. The narrator is proud of his village and speaks glowingly of it.

There’s an invisible force in this world that turns people into selfish, ungrateful, anti-social, unfriendly, and miserable creatures.

If you’ve read the title of this article, you know I’m talking about materialism.

In today’s society, it’s almost impossible not to develop any materialistic tendencies. Think about it, from a very young age we are being bombarded with glorification and celebration of the rich and famous in movies, advertisements, billboards, media, and so on.

We are taught that being a success in this world means being rich, famous, handsome, and admired by the masses.

It’s exactly this kind of programming and social conditioning that gets in the way of living a happy and fulfilled life. After all, how could you ever be satisfied if you believe in the materialistic values of a society that tells you the only path to happiness is through getting and being more. More what? More money, more friends, more cars, more Facebook likes, more Social Media followers, and so on.

Here’s the thing: Happiness and materialism are somewhat mutually exclusive; you can’t have both at the same time. That means, if you want to feel truly happy and fulfilled, you will sooner or later have to get rid of your materialistic tendencies. You can either do that right now, in a few months, or in 5 or 20 years. I would argue the sooner the better, but I understand that you might need some convincing.

Which is where this article comes into play. I will first discuss what materialism is, then I’ll show you why it is so detrimental to your well-being and happiness, and then I will show you seven proven strategies to help you overcome it.