Home > Career > Question
Need Expert Advice?Our Gurus Can Help
Maxim

Maxim Emmanuel  | Answer  |Ask -

Soft Skills Trainer - Answered on Apr 18, 2024

Maxim Emmanuel is the marketing director of Maxwill Zeus Expositions.
An alumnus of the Xavier Institute of Management and Research, Mumbai, Maxim has over 30 years of experience in training young professionals and corporate organisations on how to improve soft skills and build interpersonal relationships through effective communication.
He also works with students and job aspirants offering career guidance, preparing them for job interviews and group discussions and teaching them how to make effective presentations.... more
Asked by Anonymous - Mar 09, 2024Hindi
Listen
Career

I am currently working as a Counselor - Overseas. My salary is not that great. What should I do so that I will earn above Rs. 1 lakhs per month

Ans: Hi,

I wish I knew your exact skill sets and job description to guide you more specifically.
I undestand that your job would need good convincing skills to ensure candidate's invest large amounts to go overseas.

If you believe you are good at convincing people do a career switch to sales,good salary and performance incentives too!
Asked on - Apr 19, 2024 | Answered on Apr 24, 2024
Listen
Hello, I have good communication skills. Also I have received incentives. However, the amount is not something to be proud of. My 60% of my enquiries turn to enrolled students. I cannot be dependent on incentives. My salary should be significant. Please suggest.
Ans: If the salary is not significant, negotiate with your employer for better remuneration or look for alternative options!
Asked on - Apr 24, 2024 | Answered on Apr 24, 2024
Listen
Hello sir, My operations head i.e. branch head is younger to me and she has achieved a lot in last 3 years. She really has a good grasping power and I fail in this. I take lot of time to learn new things. Can you help me with this issue. Because of this, I am failing to grow in my current organization and in my work. This is the reason why my salary is less than Rs 50,000. Also my current organization is close to where I stay so I am not looking forward to change my job. I want to grow in my current organization and earn more. How can you help me?
Ans: I really don't know your area of activity as to what kind of organisation and operations, this is a bits and pieces question.. Riddle.

You have accepted that you have low grasping power, reason, that there is NO focus on the job?
Your comfort zone is satisfied organisation is near to your house.

It's important to prove your worth to the organization, otherwise you will be left behind as the case is now!

I suggest do a SWOT ANALYSIS about yourself and how to stay focussed on the task & achieve organizational goals.
It's then when you will be valued and grow.

Help yourself, no one knows better about the job you are doing than you!
Got it..!
Start with daily activities, weekly,monthly,quarterly & annual goals ...shrug off your complacency... Deliver or be Driven out... Bitter pill to swallow.. So don't take things lightly start now!
Asked on - Apr 26, 2024 | Answered on May 02, 2024
Listen
That's right Delivery or be Driven Out... Bitter pill to swallow. I will work towards my goal
Ans: Good you realised.. It's you and only you can engineer your success!
Career

You may like to see similar questions and answers below

Ramalingam

Ramalingam Kalirajan  |9309 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jun 22, 2024

Money
My age is 32, my current salary is 58000/month,how I get 1.25 cr at the age of 55?
Ans: It's great that you're thinking ahead and planning for your financial future. Let's work together to achieve your goal of Rs 1.25 crore by the age of 55. At 32, you've got a good amount of time to build a solid investment strategy. I'll walk you through various steps and strategies that can help you reach your target.

Understanding Your Current Financial Position
Firstly, kudos on taking the initiative to plan your future. Your current salary is Rs 58,000 per month. This is a good base to start building a substantial corpus. The key is disciplined savings and strategic investments.

Setting Clear Financial Goals
Your target is to accumulate Rs 1.25 crore in 23 years. This goal is achievable with a consistent and well-thought-out investment plan. We'll focus on maximizing your savings and investing wisely to ensure your money grows efficiently.

Systematic Investment Plan (SIP)
Starting with SIPs is a great way to grow your wealth over time. SIPs in mutual funds help you benefit from rupee cost averaging and the power of compounding. You can start with an amount you're comfortable with and increase it gradually as your income grows.

Benefits of Actively Managed Funds
Actively managed funds have professional fund managers making investment decisions to outperform the market. They can potentially offer higher returns compared to passive funds. Avoid index funds as they merely replicate the market and might not yield the higher returns you aim for.

Importance of Regular Investments
Consistent investments are crucial. Even during market downturns, continue your SIPs. This ensures you buy more units at lower prices, which can boost returns when the market recovers.

Diversifying Your Investment Portfolio
Equity Investments
Equities are known for their potential to generate high returns over the long term. Investing in diversified equity mutual funds or blue-chip stocks can provide good growth. Ensure you have a balanced mix of large-cap, mid-cap, and small-cap funds to spread risk.

Debt Instruments
Debt instruments like bonds and fixed deposits offer stability. They provide regular interest income and lower risk compared to equities. A portion of your portfolio should be in debt instruments to balance your risk.

Gold Investments
Gold can be a good hedge against inflation and economic instability. Investing a small portion in gold ETFs or sovereign gold bonds adds diversity to your portfolio and can provide a safety net.

Tax Efficiency
Tax-Saving Instruments
Utilize tax-saving instruments under Section 80C, like Public Provident Fund (PPF), Employee Provident Fund (EPF), and Equity-Linked Savings Scheme (ELSS). These not only reduce your tax liability but also help in building your retirement corpus.

Regular Fund Investments
Investing through a certified financial planner ensures you get professional advice and optimize your portfolio. Regular funds, despite higher expense ratios than direct funds, come with expert guidance, which can be invaluable.

Creating an Emergency Fund
Importance of an Emergency Fund
An emergency fund is crucial to cover unexpected expenses without disrupting your investment plan. Aim to save at least 6-12 months' worth of expenses in a liquid, easily accessible account.

Building the Fund
Start by setting aside a portion of your salary every month until you reach your target. This fund should be kept separate from your long-term investments to ensure liquidity during emergencies.

Insurance and Risk Management
Adequate Life Insurance
Ensure you have adequate life insurance coverage. This protects your family financially in case of any unforeseen events. Term insurance is a good option as it provides high coverage at a low premium.

Health Insurance
A good health insurance plan is essential to cover medical emergencies. This prevents out-of-pocket expenses that can disrupt your savings and investments.

Regular Monitoring and Rebalancing
Periodic Portfolio Review
Regularly review your investment portfolio to ensure it aligns with your goals and risk tolerance. Markets change, and so should your investment strategy. A certified financial planner can help with these periodic reviews.

Rebalancing Your Portfolio
Rebalancing involves adjusting your investments to maintain your desired asset allocation. For example, if equities have grown significantly, they might form a larger portion of your portfolio than intended. Sell some equities and reinvest in underperforming assets to balance the risk.

Maximizing Your Savings
Budgeting and Expense Management
Track your expenses to identify areas where you can save more. Create a budget and stick to it. This ensures you have more funds available for investments.

Increasing Savings Rate
As your salary increases, aim to increase your savings rate. Even a small increase in your monthly savings can significantly impact your final corpus due to the power of compounding.

Leveraging Employer Benefits
Provident Fund Contributions
Ensure you maximize your contributions to the Employee Provident Fund (EPF). This is a safe and tax-efficient way to build your retirement corpus.

Voluntary Provident Fund (VPF)
Consider contributing to the Voluntary Provident Fund (VPF) if you can save more. VPF offers the same benefits as EPF, with guaranteed returns and tax benefits.

Long-Term Investment Strategies
Compounding Power
The power of compounding cannot be overstated. The earlier you start investing, the more your money grows over time. Regular investments and reinvesting returns accelerate growth.

Staying Invested
Market fluctuations are normal. Stay invested for the long term to ride out volatility. Equity markets tend to deliver good returns over extended periods.

Avoiding Emotional Decisions
Investment decisions should be based on logic, not emotions. Avoid making impulsive decisions based on market movements. A certified financial planner can provide an objective perspective.

Retirement Planning
Projecting Future Expenses
Estimate your future expenses considering inflation. This helps in setting realistic retirement goals. A certified financial planner can assist in creating a detailed retirement plan.

Retirement Corpus Calculation
Calculate the corpus needed to sustain your desired lifestyle post-retirement. This helps in determining the monthly investment required to reach your goal.

Withdrawal Strategy
Plan a withdrawal strategy for your retirement corpus. Consider factors like life expectancy, inflation, and market conditions. A well-thought-out strategy ensures your corpus lasts throughout your retirement.

Final Insights
Achieving Rs 1.25 crore by age 55 is definitely possible with disciplined savings and strategic investments. Start with SIPs in actively managed funds, diversify your portfolio, and regularly review your investments. Maintain an emergency fund, ensure adequate insurance, and leverage employer benefits. Stay committed to your goals and avoid emotional decisions. With the right planning and consistent efforts, you'll reach your target and secure a comfortable retirement.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Nayagam P

Nayagam P P  |7706 Answers  |Ask -

Career Counsellor - Answered on Dec 08, 2024

Asked by Anonymous - Dec 08, 2024Hindi
Listen
Career
Hello Sir, My Salary is in range of 30k-35k per month. I work as Counselor for study abroad consultancy. My job profile includes counselling, content editing, grooming students for visa and other related paper work. As the job is close to my house, I really don't want to change my job. However with increasing inflation now there is a need to earn more money. Should I stick to counseling current job or should I look for remote job in content editing. I need to earn more money. Also if I do part time jobs will it be okay? Kindly advice
Ans: To manage finances while working, consider the following strategies. Stay in your current job and focus on improving skills for a higher salary. Talk about getting a raise by showcasing how you've helped students succeed and boosted the consultancy's reputation. Enhance your value by acquiring certifications in areas like international education consultancy, digital marketing, or advanced content editing. Consider remote counselling or mentoring opportunities. Set work-life boundaries to avoid burnout and maintain financial discipline. Consider freelancing or local counselling groups for part-time opportunities. Level up your skills to increase earning potential in your current consultancy. Also, fine-tune your LinkedIn Profile with Job Alerts for ABROAD EDUCATION COUNSELLOR Jobs. If affordable, go for one on one counselling/coaching with any reputed Career Coach having specialised knowledge in Job Search Strategies such as Vikram Anand or Sakshi Chandrasekar who can help you in searching for better job options & in fine-tuning your LinkedIn Profile.
All the Best for Your Prosperous Future.

Follow RediffGURUS to Know More on ‘Jobs | Education | Careers’.

..Read more

Latest Questions
Shalini

Shalini Singh  |165 Answers  |Ask -

Dating Coach - Answered on Jul 03, 2025

Asked by Anonymous - Jul 01, 2025Hindi
Relationship
Mam, I am in relationship with one girl since 2.5 year and my girlfriend told about our relationship to her mom. Every positive point of mine which told by my girlfriend to her mom but every point taken negetivly and denied to her.. Move on from relationship... Leave this relationship. He is not good boy.. The problem of her mother is the caste as well as I am Divorcee person and she is unmarried. We love to each other and want to marry. Due to her mother oppose, she is nervousness totally or told that she has no any idea what to do... How to do.. She is not sure she is convince to her family or not. She told that I don't know how much time she can servive to convince her family. Totally her mind felt like empty, dumb, nervousness. Her father not know about our relationship. When this type moment occurs she behave that sometime it is agree to make efforts for convince and sometime when she is nervousness that time she told that i can not convince and to do the breakup because she is not want to go against the her mom and family. But she told that also she want to marry with me. What should I do?
Ans: I am going with the assumption you both are adults who are thinking individuals. I am also assuming you are both financially independent.

Families, parents are important and it should be so. I understand parents apprehension, having said this, I do not get it why caste and relationship status as previously married takes precedence over compatibility. One should also realise that every relationship needs working upon by 2 people- there is no certainty if someone gets married within their caste or choice of parents/ family.

Coming to your issue there are 2 options

- she is open to take the step upsetting her parents and getting married to you

or

- she and you need to move on and move on in the true sense. which means no connection whatsoever, move out of each other's social media, block contact details and move on, heal yourself and find someone else.

in case you wish to connect you may schedule an interaction with me here https://andwemet.com/relationship-guidance

...Read more

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

Close  

You haven't logged in yet. To ask a question, Please Log in below
Login

A verification OTP will be sent to this
Mobile Number / Email

Enter OTP
A 6 digit code has been sent to

Resend OTP in120seconds

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus
Sign up

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

Enter OTP
A 6 digit code has been sent to Mobile

Resend OTP in120seconds

x