Moneycontrol PRO
Check Credit Score
Check Credit Score
HomeNewsTrendsFeatures

Someone do the costing

These are somber times, yes, but also a period to set the frivolous and the fancy apart from bare necessities.

May 30, 2020 / 06:47 AM IST

So we sit like Scrooge counting all our money these days. We haven’t done this in a long while; add up all our assets and delete all our liabilities. Now we know how much we have in savings, down to the smallest change. We never had to do this before, see what stood between us and total starvation. The virus has brought money, or a lack of it, sharply into focus. Are we in the red or in the black or somewhere so in the middle a new colour was created just for us?

We can barely recognise ourselves in old selfies; laughing drunkenly in some bizarre new bar with people we don’t text anymore. In our memories from this year itself we were different people, people who vaguely knew they were financially comfy, without having to count every fixed deposit.

The good news is our expenses are down. No parties to be hosted, no foreign holidays, not even a birthday gift to be purchased. We realise how frugal our meals are, how affordable, especially when lobster and avocado go missing from the market shelves and our diet. We won’t have to eat our family members out of sheer hunger in the foreseeable future.

The bad news is that we miss spending our money. You know, that metal moth we saw in a back-alley shop on one of our rural getaways; how we loved buying it and hanging it on our garden wall, and casually bringing up the story of where we saw it first. If making money was a joyless affair, spending it was always a thrill. We don’t get the same pleasure out of shopping today; the virus has been a buzz-kill. We do wander online, adding to the cart, but a little voice in our heads nags us constantly: ‘Do we need this, do we really need this?’

Previously the world fit into our wallet. Maybe we couldn’t plan a trip to the moon, but most nooks and crannies of the planet were just a plane ticket away. Now all package tours are home-bound. We are making our way back; back to where we belong, back to our families, back to those we love…

COVID-19 Vaccine

Frequently Asked Questions

View more
How does a vaccine work?

A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine.

How many types of vaccines are there?

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine.

What does it take to develop a vaccine of this kind?

Vaccine development is a long, complex process. Unlike drugs that are given to people with a diseased, vaccines are given to healthy people and also vulnerable sections such as children, pregnant women and the elderly. So rigorous tests are compulsory. History says that the fastest time it took to develop a vaccine is five years, but it usually takes double or sometimes triple that time.

View more
Show

All of us have had to give up our extravagances, our little sins, our dark pleasures. If not pay-cuts or joblessness, there’s the knowledge of utter penury killing millions on the streets. These are somber times, yes, but also a period to set the frivolous and the fancy apart from bare necessities. While ABBA sang to us in our childhood, money, money, money… it’s a rich man’s world, our teachers did say in that boring way of theirs, health is wealth.

In the end, it is not about cash. We are down to the only prized possession we have – ourselves. This body, this mind, this heart, this health, this mouth, these words. Beyond real estate and pay packets stand the real us, alone and alive. It’s no more a matter of how much we have, but how long we have.

Shinie Antony is a writer and editor based in Bangalore. Her books include The Girl Who Couldn't Love, Barefoot and Pregnant, Planet Polygamous, and the anthologies Why We Don’t Talk, An Unsuitable Woman, Boo. Winner of the Commonwealth Short Story Asia Prize for her story A Dog’s Death in 2003, she is the co-founder of the Bangalore Literature Festival and director of the Bengaluru Poetry Festival.

Shinie Antony is a writer and editor based in Bangalore. Her books include The Girl Who Couldn't Love, Barefoot and Pregnant, Planet Polygamous, and the anthologies Why We Don’t Talk, An Unsuitable Woman, Boo. Winner of the Commonwealth Short Story Asia Prize for her story A Dog’s Death in 2003, she is the co-founder of the Bangalore Literature Festival and director of the Bengaluru Poetry Festival.
first published: May 30, 2020 06:47 am

Discover the latest business news, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347