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By:

Asha Tripathi

14 April 2025 at 1:35:28 pm

The Allure of Street Shopping Over Malls

Street shopping is not just buying — it’s bargaining, bonding, and breathing life. Shopping has always been more than just a way to buy things. It reflects lifestyle, culture, and even emotions. In today’s fast-paced world, two different worlds of shopping coexist — the glimmering, air-conditioned world of malls and the colourful, lively lanes of street markets. Both have their own essence, yet when we look closely, we realise that while malls appear more sophisticated, the real life, energy,...

The Allure of Street Shopping Over Malls

Street shopping is not just buying — it’s bargaining, bonding, and breathing life. Shopping has always been more than just a way to buy things. It reflects lifestyle, culture, and even emotions. In today’s fast-paced world, two different worlds of shopping coexist — the glimmering, air-conditioned world of malls and the colourful, lively lanes of street markets. Both have their own essence, yet when we look closely, we realise that while malls appear more sophisticated, the real life, energy, and connection lie in street shopping.   Malls are like modern-day palaces of consumerism. As we step inside, we are greeted by polished floors, soft lighting, pleasant music, and an atmosphere that almost feels unreal. Every shop is neatly arranged, every brand fighting for our attention with attractive displays and offers. Shopping in a mall is a comfortable experience — there is no dust, no crowd pushing, and no chaos. You can walk leisurely from one store to another, have a coffee in between, watch a movie, and spend the whole day indoors without even realising how time flies.   For many, malls are a symbol of modernity and status. They offer quality assurance, branded products, and the comfort of air-conditioning. You don’t have to bargain, you don’t have to worry about getting cheated, and everything comes with a bill and a warranty. But somewhere in all this perfection, something feels missing — that human touch, that rawness of real life. Malls often make shopping look mechanical — polished, predictable, and slightly emotionless.   Now let’s step outside those glass doors and into the streets—where the real magic begins.   Street shopping is like diving into a sea of colours, voices, and stories. The moment you enter a busy marketplace, you feel the pulse of real life. The shopkeepers calling out their offers, the aroma of street food, the chatter of people, the energy in the air — everything feels alive. Street markets are where creativity meets affordability. You find handmade jewellery, ethnic clothes, quirky bags, and items you never even thought existed — all at throwaway prices!   And the best part? Bargaining. It’s not just about getting a lower price; it’s a lively exchange between the buyer and the seller. It’s a small battle of wits, ending with a smile and mutual satisfaction. In that short conversation, you connect with another human being — something malls rarely offer.   Street shopping also tells the story of hard-working vendors and small artisans who depend on their daily earnings. Every item on those stalls carries the sweat, skill, and dreams of people who create or sell them with passion. There is honesty and simplicity in their effort. It is this raw, unfiltered reality that gives street markets their soul.   In contrast, malls can sometimes feel like artificial bubbles — detached from the outside world. Everything is designed to look perfect, but it’s also expensive, repetitive, and often lacks originality. The same brands, the same products, the same discounts — no surprise, no adventure. Street shopping, on the other hand, is unpredictable. You never know what you’ll find. That’s what makes it so exciting.   Beyond the products, street markets give us something more valuable — an experience of real human connection. You hear laughter, you see bargaining, and you feel the rhythm of life moving all around you. You learn patience, observation, and the art of choosing wisely. Street shopping teaches you how to appreciate value, not just price.   Of course, street shopping comes with its own set of flaws. The crowds can be exhausting, the heat unbearable, and the quality uncertain. But those who truly love it will tell you that this chaos has its own beauty. It’s a slice of everyday life — imperfect yet real.   Malls, in comparison, may look polished, but they are isolated worlds of glass and glitter — where smiles are polite but not personal. Street markets, however, are bursting with emotions — of joy, struggle, laughter, and togetherness.   In the end, the difference between malls and street shopping is like the difference between a perfect photograph and a candid picture. The perfect one may look flawless, but the candid one feels alive. Malls may represent aspiration, but street shopping represents reality.   And perhaps, that’s why no matter how many malls rise in our cities, the narrow, noisy lanes of street markets will always have their charm. Because that’s where life breathes — in the voices of vendors, in the sparkle of roadside jewellery, in the scent of street food, and in the joy of finding something wonderful at a price you proudly bargained for.   (The writer is a tutor based in Thane. Views personal.)

Financial Freedom – India at 78

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As India celebrates 78 years of freedom, it’s a perfect time to reflect on another kind of liberation - Financial Freedom.


Just as our nation’s journey towards independence was long and purposeful, the path to personal financial independence requires vision, discipline, and persistence. While the terms financial independence and financial freedom are often used interchangeably, they have distinct meanings that are crucial to understand for long-term stability and security.


Here’s my interpretation in financial parlance:


Financial Independence (FI)

FI is when an individual has the education, skill set, and expertise to earn a monthly income that exceeds their living expenses. This ensures they are not financially dependent on parents, spouse, or children, and can live life on their own terms.


Basically, as long as the person is able to actively work, the expenses are well taken care of. A financially independent person can cover current expenses comfortably while also saving for future goals - buying a house or car, going on vacations, funding children’s education and weddings, and building a retirement corpus.


This is why we increasingly see women taking charge of their well-being, decision-making, and financial security. Because they are ‘FI’, they do not have to necessarily be dependent on their parents or spouse. Money does give a lot of power! Importantly, FI is the stepping stone to achieving Financial Freedom.


Financial Freedom (FF)

While incomes can be temporary, expenses are permanent. Here, income refers to active income - money earned by actively working (devoting time, effort and resources). A financially independent person, as a virtue of consistently saving, investing, and staying invested, can build assets making him financially free.


Financial Freedom is when a person has built enough wealth or income-generating assets to cover their expenses for life, without relying on a job or external support. It’s the stage where your investments pay your bills. Such a person is not dependent on their children to cover after-retirement expenses.


Key examples of such income streams:

·  Mutual Funds: Systematic Withdrawal Plan (SWP)

·  Stocks: Dividends

·  Bank Fixed Deposits: Interest Income

·  Insurance Pension Plans: Pension Income

·  Real Estate: Rental Income


Achieving financial freedom allows an individual to break free from the need for a regular paycheck, enabling them to pursue passions, travel, start a business, retire early, or devote time to social causes and legacy-building.


Take Help from Financial Advisors

Consult a well-educated, full-time advisor who will guide and handhold you. Remember, it takes years of education, experience, expertise and wisdom to write a prescription - so don’t self-medicate when it comes to money.


To Conclude

As India continues its march towards growth and self-reliance, the concepts of FI and FF have never been more relevant. Both demand careful planning, disciplined saving, and smart investing. The reward? A life of stability, choice, and abundance.


(The writer is a Chartered Accountant and CFA (USA). Financial Advisor.  Views personal. He could be reached on 9833133605.)

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