Sir recently I have graduated from bsc in physics.my 10th percentage 81%,12 persentage 63%, graduation persentage 57%. I want to continue my career with MBA. Financially slightly weak also. I have decided to prepare for cat 2024. Mean to attempt the cat 2024 there is 1 year time period left.so suggest me what should I do in this year to improve my career.

Ans: Dear Amar,
I understand that you're in a challenging and complex situation. It's important to recognize that attempting to force someone back into a relationship, especially one that was secretive and has since ended, is not ethical or respectful. The woman you were involved with has made it clear she wants to prioritize her family, and it's crucial to respect her decision.

Your frustration likely stems from a lack of fulfillment in your marriage, particularly regarding your sex life. This is a significant issue that needs to be addressed directly within the context of your marriage. Open and honest communication with your wife about your needs and concerns is essential. Express how you feel and discuss the impact it’s having on you emotionally and physically. It's possible that your wife might also have unspoken issues or concerns, and addressing these together can pave the way for a deeper understanding and connection.

Seeking professional help, such as a marriage counselor or therapist, can be incredibly beneficial. A neutral third party can facilitate conversations that might be difficult to have on your own and can provide tools and strategies to improve your intimacy and overall relationship.

Respecting boundaries is fundamental. The woman you were involved with has chosen to end the affair for her family's sake, and continuing to pressure her can cause significant harm to both her family and yours. It's important to let go and focus on the relationships that are truly sustainable and healthy.

Consider focusing on your personal growth and fulfillment outside of your relationship issues. Engaging in activities and interests that bring you joy can help alleviate some of your frustration and provide a new perspective on your needs and desires.

Ultimately, addressing the core issues in your marriage with empathy, respect, and professional support is the best approach. This way, you can work towards finding fulfillment and resolving the underlying issues in a constructive and respectful manner.

Ans: I'm sorry to hear about the struggles in your marriage. The stress of your husband's military career, long periods of separation, and raising a child during the pandemic have taken a toll on your relationship. Your husband's impatience and frustration might be his way of dealing with stress, which affects your intimacy and communication.

Try to approach conversations with empathy and express your feelings calmly, focusing on how you feel rather than what he's doing wrong. Small gestures of affection and quality time can help rebuild your connection. Couples therapy could also be beneficial, providing a safe space to work through issues together.

Take care of your own well-being by engaging in activities that bring you joy and maintaining support from friends and family. This self-care will give you the strength to address the challenges in your relationship.

Your feelings are valid, and seeking help shows your commitment to your marriage. With patience and professional support, there's hope for rekindling the intimacy and closeness you desire.

Ans: I understand this is a frustrating situation. Here are some steps you can take:

Regarding the Flat:

Review your Sale Agreement: This document outlines the terms of your purchase, including timelines for completion and any delay penalties the builder may owe.

Form a Flat Buyer Association: Connect with other buyers facing the same issue. A united front holds more power when dealing with the builder or legal proceedings.

Track Court Proceedings: Stay informed about the court case's progress. This might influence your next steps.

Explore Legal Options: Consult a lawyer specializing in real estate disputes. They can advise on pursuing compensation or withdrawal from the project depending on the court case and agreement.

Regarding the Bank Loan:

Negotiate with the Bank: Explain the situation and present copies of the court case documents. They might offer a temporary pause or restructure your EMI plan.

Consider Loan Against Property (LAP): If you own another property, explore a LAP to pay off the existing loan and avoid credit score damage. However, this is a complex financial decision, so consult a financial advisor.

CIBIL Dispute Resolution: If the bank reports a default despite your efforts, you can raise a dispute with CIBIL, the credit bureau, explaining the situation.

Here are some additional resources that might be helpful:

Real Estate Regulatory Authority (RERA): https://rera.goa.gov.in/ (if your city falls under RERA)
Consumer Forum: You can file a case against the builder for delayed possession.
Remember, this is a complex situation, and the best course of action might depend on the specifics of your agreement, the court case, and your financial situation. Consulting a lawyer and potentially a financial advisor can provide tailored guidance.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Ans: Hello

Please note doing any other job while working fo a company is against the policy of several companies. Suggest you please check your company policy on moonlighting before proceeding further or else you could lose your current job as well.

All the best.

Ans: Hello

Getting campus placement is a best way to get job... applying directly to companies for job may delay the process.

All the Best

Ans: Try looking for a job at an entry level for an MBA graduate at a smaller firm to get some experience before you try to get a better job. Having job experience would help. Could upskill yourself with relevant courses if you are looking at jobs in specialized areas like stock market or data analyst.

Ans: Can write CAT. There are students with even 7 or 8 years or work experience studying in top IIMs. Placement prospect are similar to an average student at the IIMs, but you have a chance to get a lateral placement which could help to get better placement. Also look at option of writing GMAT to do a Executive MBA from the top colleges as a backup option.

Ans: Crafting a Shariah-Compliant Investment Strategy for Your Financial Objectives
In your pursuit of building a corpus of 1.5 crore by the age of 50, aligned with Shariah principles, we'll outline a tailored investment strategy leveraging various Shariah-compliant avenues and prudent financial planning.

Understanding Shariah-Compliant Investing
Core Principles of Shariah Compliance
Shariah-compliant investing emphasizes ethical and responsible investment practices, steering clear of businesses engaged in activities incompatible with Islamic teachings, such as alcohol, gambling, and interest-based transactions. It prioritizes transparency, fairness, and social responsibility.

Importance of Ethical Investing
Adhering to Shariah principles not only ensures compliance with religious beliefs but also promotes socially responsible investment practices, fostering financial growth with integrity. By investing ethically, you contribute to sustainable development and positive social impact.

Shariah-Compliant Investment Options
Islamic Mutual Funds
Invest in Islamic mutual funds that adhere to Shariah guidelines, allocating funds to companies compliant with Islamic principles, thus offering a diversified portfolio of Shariah-compliant stocks. These funds undergo rigorous screening processes to ensure adherence to Shariah principles.

Shariah-Compliant Equities
Diversify your investment portfolio with Shariah-compliant equities, selecting stocks of companies operating in permissible sectors, screened based on Shariah criteria. These criteria typically exclude businesses involved in industries such as alcohol, tobacco, and gambling.

Real Estate Investment Trusts (REITs)
Consider investing in Shariah-compliant REITs, which provide exposure to real estate assets while adhering to Islamic finance principles, offering potential rental income and capital appreciation. Shariah-compliant REITs invest in properties and assets that comply with Shariah guidelines.

Exchange-Traded Funds (ETFs)
Explore Shariah-compliant ETFs that track indices comprised of Shariah-compliant stocks, providing diversification and liquidity within a Shariah-compliant framework. These ETFs offer investors exposure to a basket of Shariah-compliant stocks across various sectors.

Wealth Accumulation Strategy
Systematic Investment Plan (SIP)
Implement a SIP approach, allocating a portion of your monthly income to Shariah-compliant investment avenues, fostering disciplined wealth accumulation over time. SIPs allow for regular and systematic investment, enabling you to benefit from rupee cost averaging and the power of compounding.

Asset Allocation and Diversification
Employ prudent asset allocation strategies, diversifying your investment portfolio across various Shariah-compliant asset classes to mitigate risk and optimize returns. A well-diversified portfolio helps spread risk and enhances the potential for long-term wealth creation.

Goal-Based Financial Planning
Defining Financial Objectives
Define clear financial goals, including the target corpus of 1.5 crore by age 50, and tailor your investment strategy to align with these objectives. Consider factors such as risk tolerance, time horizon, and liquidity requirements when crafting your financial plan.

Regular Portfolio Review
Regularly review and rebalance your investment portfolio, ensuring alignment with Shariah principles and adjusting your asset allocation as per changing market dynamics. Periodic portfolio reviews help you stay on track towards your financial goals and make necessary adjustments when required.

Seeking Professional Guidance
Consultation with Certified Financial Planners (CFPs)
Engage with Certified Financial Planners specializing in Shariah-compliant investing, seeking personalized advice to optimize your investment strategy and achieve your financial goals. A CFP can help you navigate the complexities of Shariah-compliant investing and provide tailored recommendations based on your unique circumstances.

Continuous Learning and Education
Stay informed about developments in Shariah-compliant investment options and financial planning strategies, empowering yourself to make informed investment decisions aligned with your values. Continuous learning and education are essential for staying abreast of market trends and maximizing investment opportunities.

By embracing a diversified approach to Shariah-compliant investing and seeking guidance from Certified Financial Planners, you can navigate the investment landscape with confidence and work towards realizing your financial aspirations while upholding your religious beliefs.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Ans: Congratulations on graduating and starting your career! That's an exciting time, and with a starting salary of Rs 36 lakh, you're in a good position to build a strong financial foundation for the future. Here are some steps you can take:

1. Track your income and expenses: This is the first crucial step. Understanding where your money goes will help you identify areas to save and budget effectively. There are many budgeting apps and spreadsheets available to help you with this.

2. Create a budget: Once you've tracked your expenses for a month or two, categorise them into needs (rent, groceries, transportation), wants (entertainment, dining out), and debt repayments. Aim to allocate a higher percentage towards needs and debt repayment, and a smaller percentage towards wants.

3. Build an emergency fund: Having an emergency fund of 3-6 months' worth of living expenses will act as a safety net for unexpected events like job loss or medical bills. Aim to save at least Rs 1-2 lakh initially and gradually build it up.

4. Manage your debt: If you have any student loans or credit card debt, prioritize paying them off. High-interest debt can quickly eat away at your savings. Consider a debt snowball strategy, where you focus on paying off the smallest debt first to gain momentum.

5. Start saving for retirement: Even though retirement might seem far off, starting early allows you to benefit from compound interest. Many companies in India offer Employee Provident Fund (EPF) schemes, where a portion of your salary goes towards retirement savings. You can also explore investing in Public Provident Fund (PPF) or National Pension System (NPS) for long-term wealth creation.

6. Invest for your goals: Once you have an emergency fund and are on track with debt repayment, consider investing for your future goals. This could be anything from a down payment on a house to a dream vacation. Research different investment options like mutual funds or stocks based on your risk tolerance and investment horizon.

Additional tips for your mid-20s:

• Live below your means: Don't let lifestyle inflation creep in as your income increases.
• Focus on skill development: Invest in yourself by taking courses or certifications that can help you advance in your career and potentially increase your earning potential.
• Automate your finances: Set up automatic transfers to your savings and investment accounts to ensure consistent saving.
• Seek professional advice: Consider consulting a financial advisor for personalized guidance based on your specific financial situation and goals.

Remember, building a strong financial foundation is a marathon, not a sprint. Be patient, consistent, and disciplined with your finances, and you'll be well on your way to a secure future.