Introduction: This one emphasizes the importance of one’s expenditure, whether it is within the limit or exceeding the income. Cloth here refers to the income and coat implies the monthly bills. In short, it is aimed at meeting both the ends.

Explanation: It is an old proverb mostly before the ready-made dresses started flooding the shopping mall. In those days, people bought the cloth according to the requisite measurement for stitching new dresses, including the coat. Even now many people do that. However, if the cloth purchased is cut more at one or two places than the required length and breadth, then there will be shortfall of material for other areas of the body, like arms, collar and pockets.

Like the body and mind coordination for any action of ours, these two, income and expenses, go together. It is all in one’s hand; mostly in middle class and even among higher income group of people, too. A father is the breadwinner of a family. He works and earns, so that he and his family members who depend on him for a living, find all the bare necessities and live peacefully. At home, both the father and mother jointly discuss and plan the monthly expenditures so that it should not overlap the income.

Income can be compared to input, and expenses to output. If the output exceeds the input, then there is bound to be financial crunch every month. This will lead to debts and worries. And if the same situation persists, resulting in the accumulation of debts, it would shatter the peace in the family.

So, it is the duty of the heads of the family to chalk out a strategy in such a way like cutting the cloth to the requisite measurement that both ends can be met with. It is not with the family alone, but applicable to any country in the world, including India, too. Now even the super power USA also undergoes trials and tribulations, resulting in recession.

It is worth mentioning here, a funny but matter-of-fact great saying by an Anonymous writer, “They live in a beautiful little apartment overlooking the rent.” Though it sounds funny, it is true in many families who give utmost importance to luxury, a sort of face-saving attitude among their near and dear, by borrowing money and becoming debtors in the long run.

One has to have some comforts. There is no second opinion about it. But at the same time, it is the best policy to curtail unnecessary expenses. Didn’t someone say that, ‘a penny save a penny earned?’

Conclusion: The need of the hour is to cut down
whatever extra expenditure occurs.

This can be done by turning of the light, fan or PC when the inmate is in another room. Similarly, identifying the areas that need little attention the way the coat is cut to the right size and not more, is sure to be helpful.

This habit, if cultivated from the teenage level, will be of immense help to reap great harvest of benefits, rather continually.