The Psychology of Motivation: How to Stay Driven and Achieve Your Goals Introduction: Why Do We Struggle with Motivation? Have you ever set ambitious goals but struggled to stay motivated? You’re not alone. Studies show that 92% of people fail to achieve their New Year's resolutions ( University of Scranton, 2023 ). Motivation isn’t just about willpower—it’s about understanding how the brain works and using scientifically proven techniques to stay driven. In this blog, we’ll explore the psychology of motivation , common obstacles, and strategies to stay inspired. 1. The Science Behind Motivation Motivation is primarily driven by two types: 1. Intrinsic Motivation (Internal Drive) ✔ Comes from personal satisfaction and passion . ✔ Example: Learning a skill because you enjoy it. 🔹 A Harvard study found that people with intrinsic motivation are 30% more likely to sustain long-term success than those relying on external rewards. 2. Extrinsic Motivation (External Rewards)...
India's Union Budget 2024-25: An In-Depth Analysis The Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman, addresses the economic challenges and aspirations of different segments of the population. This blog explores the advantages and disadvantages of the budget for the middle, lower, and upper classes, compares it with previous budgets, and assesses its overall impact on the Indian economy. Key Highlights 1. Economic Indicators and Fiscal Policy: Receipts and Expenditure: Total receipts (excluding borrowings) are projected at ₹32.07 lakh crore, while total expenditure is estimated at ₹48.21 lakh crore. Fiscal Deficit: The fiscal deficit is set at 4.9% of GDP, with a target to reduce it below 4.5% in the next fiscal year. 2. Taxation and Personal Finance: Standard Deduction: Increased from ₹50,000 to ₹75,000 for salaried employees. Revised Tax Slabs: The 5% tax rate now applies to incomes ₹3-7 lakh, with the highest rate of 30% for incomes above ₹15 lakh. NPS ...