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Ramalingam

Ramalingam Kalirajan  |10872 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 10, 2024

Ramalingam Kalirajan has over 23 years of experience in mutual funds and financial planning.
He has an MBA in finance from the University of Madras and is a certified financial planner.
He is the director and chief financial planner at Holistic Investment, a Chennai-based firm that offers financial planning and wealth management advice.... more
Abhishek Question by Abhishek on Jun 25, 2024Hindi
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Hi sir, i am 30 year old, working in MNC with salary of 55,000. My monthly expenses includes 26,000 Home loan EMI and 10,000 household expenses. Also annually 53,000 Paying for life insurance payment. Please suggest me how should i manage by finance.

Ans: I understand managing finances can be a bit overwhelming. You are doing a great job balancing your home loan EMI, household expenses, and life insurance payment. Let's break down your financial situation and explore ways to optimize it for a better future.

Understanding Your Current Financial Situation
Your monthly salary is Rs 55,000, and you have several financial commitments.

Home loan EMI: Rs 26,000
Household expenses: Rs 10,000
Annual life insurance payment: Rs 53,000
This leaves you with Rs 19,000 each month. Your annual life insurance payment translates to roughly Rs 4,417 per month.

Assessing Your Financial Goals
At 30, you likely have various financial goals.

Building an emergency fund
Saving for future expenses, such as children's education or marriage
Planning for retirement
Enjoying life and achieving personal milestones
Let's break down how to achieve these goals step by step.

Building an Emergency Fund
An emergency fund is crucial. It should cover at least six months of your expenses.

Your monthly expenses total Rs 36,000 (EMI, household expenses, and life insurance).

Aim to save Rs 2,16,000 in your emergency fund.

Start by saving a portion of your Rs 19,000 surplus each month.

Optimizing Your Life Insurance
Review your life insurance policy.

Ensure it provides adequate coverage.

Consider whether it’s an investment cum insurance policy, like ULIPs or endowment plans.

These policies often have high costs and low returns.

If so, think about surrendering it and reinvesting in a more efficient mutual fund.

Exploring Mutual Funds
Mutual funds can be a powerful tool for wealth creation.

They offer diversification and professional management.

Let’s explore the types of mutual funds.

Types of Mutual Funds
Equity Funds: Invest in stocks, suitable for long-term goals. Higher returns but more risk.

Debt Funds: Invest in bonds, suitable for short-term goals. Lower returns but safer.

Hybrid Funds: Invest in both stocks and bonds. Balanced risk and return.

Advantages of Mutual Funds
Diversification: Reduces risk by investing in various assets.

Professional Management: Experts handle your investments.

Liquidity: Easily buy and sell mutual fund units.

Systematic Investment Plans (SIPs): Invest small amounts regularly, ensuring disciplined savings.

Power of Compounding
Investing in mutual funds harnesses the power of compounding.

Earnings from your investments generate more earnings.

The earlier you start, the more your money grows over time.

Balancing Risk and Return
Investing always involves some risk.

Understand your risk tolerance before investing.

Equity funds are riskier but can offer higher returns.

Debt funds are safer but with lower returns.

Hybrid funds offer a middle ground.

Systematic Investment Plan (SIP)
SIPs are a disciplined way to invest in mutual funds.

You can start with a small amount.

It helps in averaging out the cost and reduces market volatility impact.

Reviewing Your Budget
Let's review your budget to free up more funds for investment.

Salary: Rs 55,000
Home loan EMI: Rs 26,000
Household expenses: Rs 10,000
Life insurance: Rs 4,417 (monthly equivalent)
This leaves Rs 14,583 each month.

Reducing Household Expenses
Consider reducing household expenses.

Small savings can add up.

Review your monthly spending and identify areas to cut back.

Increasing Income
Look for opportunities to increase your income.

Could be a part-time job, freelancing, or passive income sources.

Regular Financial Review
Regularly review your financial plan.

Make adjustments based on changes in your life circumstances.

Consulting a Certified Financial Planner
Consulting a Certified Financial Planner (CFP) can be beneficial.

They can provide personalized advice and help you navigate complex financial decisions.

Final Insights
Balancing financial commitments and planning for the future can be challenging, but with a strategic approach, it's achievable.

Build an emergency fund, optimize your insurance, explore mutual funds, and review your budget regularly.

Your financial journey is unique, and making informed decisions will help you achieve your goals.

Stay disciplined, be patient, and consult a CFP for tailored advice.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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Ramalingam

Ramalingam Kalirajan  |10872 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jun 25, 2024

Asked by Anonymous - Jun 14, 2024Hindi
Money
Hi sir, i am 28 year old, working in MNC with just salary of 50,000. I have savings of about 4 lakh. Please suggest me how should i manage by finance. My monthly expense is 15k and 10k i send at home.
Ans: I understand you're looking to manage your finances better. You're 28, working in an MNC, with a salary of Rs 50,000. You have Rs 4 lakhs in savings. Your monthly expenses are Rs 15,000, and you send Rs 10,000 home. Let's work together to create a solid financial plan for you.

Monthly Budget Analysis
First, let's break down your monthly income and expenses:

Monthly Income: Rs 50,000
Monthly Expenses: Rs 15,000
Amount Sent Home: Rs 10,000
This leaves you with Rs 25,000 every month. You have been managing your expenses well. Let's see how we can make the most of your savings and surplus income.

Building an Emergency Fund
An emergency fund is essential. It covers unexpected expenses like medical emergencies or job loss. Aim to save at least 3-6 months of your expenses.

Monthly Expenses + Amount Sent Home: Rs 25,000
Emergency Fund Target: Rs 75,000 - Rs 1,50,000
Since you already have Rs 4 lakhs in savings, allocate Rs 1 lakh for your emergency fund. Keep this money in a liquid fund or a high-interest savings account for easy access.

Managing and Growing Your Savings
With Rs 3 lakhs left after setting aside your emergency fund, let's look at some options for growing your savings. Diversifying your investments can help in achieving your financial goals.

Fixed Deposits and Recurring Deposits
Fixed Deposits (FDs) and Recurring Deposits (RDs) are safe investment options with fixed returns. They are ideal for short-term goals.

FD: Invest Rs 1 lakh in a fixed deposit for a tenure of 1-2 years. This ensures safety and liquidity.
RD: Start a recurring deposit with Rs 5,000 per month. It helps in disciplined saving and earns decent interest.
Mutual Funds
Mutual funds offer higher returns than traditional savings options. Consider a mix of equity and debt mutual funds for balanced growth and stability.

Equity Mutual Funds: Allocate Rs 1 lakh to equity mutual funds for long-term growth. Choose funds with a good track record.
Debt Mutual Funds: Invest Rs 50,000 in debt mutual funds for short to medium-term goals. They are less risky than equity funds.
Systematic Investment Plan (SIP)
SIPs are a great way to invest regularly in mutual funds. They average out market volatility and build wealth over time.

SIP Allocation: Start a SIP of Rs 5,000 per month in a balanced mutual fund. This ensures consistent investment and capital appreciation.
Insurance: Protecting Your Finances
Having adequate insurance is crucial to protect against unforeseen events. Ensure you have both health and life insurance.

Health Insurance
Health insurance covers medical expenses, reducing financial strain during health emergencies.

Coverage Amount: Opt for a health insurance policy with a coverage of Rs 5 lakhs. It provides a good safety net.
Family Coverage: If possible, include your parents in the policy. This ensures they are also covered in case of medical emergencies.
Life Insurance
Life insurance secures your family's financial future in case of your untimely demise.

Term Insurance: Choose a term insurance policy with coverage of Rs 50 lakhs. Term insurance is affordable and provides high coverage.
Avoid ULIPs: Avoid Unit Linked Insurance Plans (ULIPs) as they mix investment and insurance, often leading to higher costs and lower returns.
Tax Planning: Maximizing Your Savings
Effective tax planning helps in maximizing your savings and investments. Utilize available tax deductions and exemptions.

Section 80C Deductions
Investments under Section 80C help in reducing taxable income. The maximum limit is Rs 1.5 lakhs.

Public Provident Fund (PPF): Invest Rs 50,000 in PPF. It offers tax-free returns and long-term growth.
ELSS Funds: Allocate Rs 50,000 in Equity Linked Savings Scheme (ELSS) mutual funds. They provide tax benefits and potential high returns.
Employee Provident Fund (EPF): Your EPF contributions are also eligible for Section 80C deductions. Ensure to check your EPF balance and contributions.
Health Insurance Premiums
Premiums paid for health insurance are eligible for tax deductions under Section 80D.

Self and Family: Claim up to Rs 25,000 for premiums paid for yourself, spouse, and children.
Parents: If you pay for your parents' health insurance, claim an additional Rs 25,000. If they are senior citizens, this limit increases to Rs 50,000.
Financial Goals and Planning
Identify and prioritize your financial goals. This helps in creating a focused and efficient investment plan.

Short-Term Goals
Short-term goals are those you aim to achieve within 1-3 years.

Emergency Fund: As discussed, ensure your emergency fund is well-maintained.
Travel Fund: If you plan to travel, start a dedicated fund. Allocate a part of your savings for this goal.
Medium-Term Goals
Medium-term goals are those you plan to achieve within 3-5 years.

Higher Education: If you plan to pursue higher education, start saving now. Consider education loans if needed.
Buying a Vehicle: If you intend to buy a car or bike, start a dedicated fund. Allocate Rs 1 lakh towards this goal.
Long-Term Goals
Long-term goals are those you plan to achieve in 5+ years.

Retirement Planning: Start saving for retirement early. The power of compounding works best over long periods.
House Purchase: If you plan to buy a house, start saving for the down payment. Allocate Rs 1 lakh towards this goal.
Monitoring and Reviewing Your Financial Plan
Regularly review your financial plan to ensure it stays aligned with your goals. Adjust your investments based on changes in your income, expenses, and financial goals.

Monthly Budget Review
Track your income and expenses every month. Ensure you are sticking to your budget and making necessary adjustments.

Investment Portfolio Review
Review your investment portfolio every six months. Assess the performance of your investments and make changes if needed.

Insurance Policy Review
Review your insurance policies annually. Ensure your coverage is adequate and update your policies as required.

Seeking Professional Advice
Consulting a Certified Financial Planner (CFP) can provide valuable insights and personalized advice. A CFP can help you create a comprehensive financial plan tailored to your needs and goals.

Benefits of Consulting a CFP
Customized Advice: Get advice that matches your unique financial situation and goals.
Holistic Planning: A CFP considers all aspects of your finances, ensuring a well-rounded plan.
Expert Guidance: With their expertise, CFPs help you make informed decisions, optimizing your financial planning.
Final Insights
Managing your finances effectively involves careful planning and disciplined execution. By building an emergency fund, growing your savings through diversified investments, ensuring adequate insurance coverage, and maximizing tax savings, you can achieve financial stability and growth.

Regularly review and adjust your financial plan to stay aligned with your goals. Seek professional advice if needed to ensure your financial strategy is robust and efficient. With these steps, you can secure your financial future and achieve your financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

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Ramalingam

Ramalingam Kalirajan  |10872 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jun 25, 2024

Money
I am 30 years with salary of 1.5 lakhs. I have home loan emi of 47K and car loan emi of 20k. Please help me manage my finances better. So that i can have continous cashflows. I have MFs of 2.3 lakhs in total. I need to manage expense of my marriage.
Ans: Managing finances at 30 years old with a salary of Rs. 1.5 lakhs per month can be challenging, especially with significant EMIs and upcoming major expenses like marriage. Let’s break down your financial situation and explore ways to optimize cash flow and achieve financial stability.

Understanding Your Current Financial Situation
Income and Expenses:

Monthly Salary: Rs. 1.5 lakhs
Home Loan EMI: Rs. 47,000
Car Loan EMI: Rs. 20,000
Remaining Income after EMIs: Rs. 83,000
Your monthly EMIs consume a substantial portion of your income. Managing the remaining Rs. 83,000 effectively is crucial for maintaining healthy cash flow and preparing for your future financial goals.

Existing Investments:

Mutual Funds (MFs): Rs. 2.3 lakhs
Your investments in mutual funds are a good start. However, considering your financial commitments, let’s examine how to best utilize your remaining cash flow and enhance your financial strategy.

Steps to Optimize Your Finances
Review and Adjust Your Budget
Start by analyzing your monthly expenses beyond EMIs. Knowing where your money goes can help identify areas for potential savings.

Track Your Expenses:

List all monthly expenses: groceries, utilities, dining, entertainment, etc.
Use apps or a simple spreadsheet to monitor spending.
Identify Saving Opportunities:

Categorize expenses into 'needs' and 'wants'.
Reduce discretionary spending without affecting your quality of life.
Create a Realistic Budget:

Allocate specific amounts for each expense category.
Stick to your budget to avoid unnecessary expenses.
Emergency Fund Planning
An emergency fund is vital. It helps you cover unexpected expenses without disrupting your finances.

Determine Fund Size:

Aim for 6 months of living expenses, including EMIs.
This could mean saving around Rs. 4 to 5 lakhs based on your expenses.
Build the Fund Gradually:

Start saving a fixed amount monthly until you reach your goal.
Keep this fund in a liquid or short-term debt mutual fund for easy access.
Avoid Using MFs for Emergencies:

Your mutual funds should be for long-term goals, not emergency uses.
Debt Management and Reduction
Managing your debt efficiently is crucial for freeing up cash flow and reducing financial stress.

Prioritize High-Interest Debt:

Focus on paying off the car loan if it has a higher interest rate than the home loan.
Accelerate payments towards the car loan to reduce overall interest.
Consider Refinancing:

Check if refinancing your home loan at a lower interest rate is possible.
This can reduce your EMI burden and free up cash for other needs.
Avoid New Debts:

Postpone any new loans or large purchases until you have more financial stability.
Optimizing Investments for Cash Flow
Enhancing your investment strategy can provide better returns and align with your financial goals.

Review Your Mutual Funds:

Analyze the performance of your existing MFs.
Ensure they align with your risk tolerance and financial goals.
Diversify Your Portfolio:

Invest in a mix of equity and debt funds to balance risk and returns.
Consider actively managed funds for potentially better returns than index funds.
Increase SIP Contributions:

Gradually increase your SIP contributions as your disposable income grows.
This can enhance your wealth-building over time.
Saving for Marriage Expenses
With marriage expenses on the horizon, planning ahead is essential to avoid financial strain.

Estimate Costs:

List potential expenses: venue, catering, attire, etc.
Set a realistic budget for your wedding.
Start a Dedicated Savings Fund:

Open a separate savings account or use a short-term debt mutual fund.
Contribute regularly to this fund to accumulate the required amount.
Cut Unnecessary Costs:

Look for ways to save on wedding expenses without compromising on key elements.
Prioritize what’s most important to you and your partner.
Ensuring Continuous Cash Flow
Maintaining a steady cash flow is critical for meeting your financial obligations and achieving your goals.

Create a Cash Flow Plan:

Outline your income and expenses on a monthly basis.
Include all fixed and variable expenses to get a clear picture of your cash flow.
Automate Savings and Investments:

Set up automatic transfers to your savings and investment accounts.
This ensures disciplined saving and investing without manual effort.
Plan for Irregular Expenses:

Allocate funds for quarterly or annual expenses like insurance premiums.
Spread these costs over the year to avoid sudden financial pressure.
Protecting Your Financial Future
Insurance Coverage:

Ensure you have adequate health and life insurance coverage.
This protects you and your family from unforeseen financial burdens.
Retirement Planning:

Start planning for retirement early to build a sufficient corpus.
Consider retirement-specific investment options to grow your wealth.
Estate Planning:

Prepare a will to ensure your assets are distributed according to your wishes.
Consider setting up a trust if needed to manage your estate.
Continuous Financial Review
Regularly reviewing and adjusting your financial plan helps you stay on track and adapt to changes.

Annual Financial Review:

Reevaluate your financial goals and progress annually.
Adjust your budget, savings, and investments as needed.
Adapting to Life Changes:

Update your financial plan to reflect significant life changes.
This includes marriage, children, or changes in income.
Consult a Certified Financial Planner:

Seek professional advice to refine your financial strategy.
A Certified Financial Planner can provide personalized insights and guidance.
Final Insights
Managing your finances effectively requires a holistic approach. Here’s a recap of key steps to take:

Review and Adjust Your Budget:

Track expenses and identify saving opportunities.
Create a realistic budget and stick to it.
Build an Emergency Fund:

Aim for 6 months of living expenses in a liquid fund.
Save gradually to build this essential financial cushion.
Manage and Reduce Debt:

Prioritize high-interest debt and consider refinancing options.
Avoid taking on new debt to maintain financial stability.
Optimize Your Investments:

Review and diversify your mutual funds.
Increase SIP contributions as your income allows.
Plan for Major Expenses:

Start a dedicated fund for your marriage expenses.
Estimate costs and save regularly to avoid financial strain.
Ensure Continuous Cash Flow:

Create a cash flow plan and automate savings and investments.
Plan for irregular expenses to smooth out your finances.
Protect Your Future:

Ensure adequate insurance coverage and start retirement planning early.
Prepare a will and consider estate planning as needed.
Review Regularly:

Conduct annual financial reviews and adjust for life changes.
Consult a Certified Financial Planner for expert advice.
By following these steps, you can better manage your finances, ensure continuous cash flow, and achieve your financial goals. Remember, financial planning is an ongoing process that requires regular review and adjustment.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

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Ramalingam

Ramalingam Kalirajan  |10872 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 16, 2024

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Hii sir, my monthly income is 45k. My rent is 10k and my emi is 40k. Every month i spend money monthly on credit card. My loan is 300000. How should i manage
Ans: I appreciate your willingness to address your financial situation. Managing finances with a monthly income of Rs 45,000 and significant expenses can be challenging. Let’s break it down step-by-step.

First, your rent is Rs 10,000 and your EMI is Rs 40,000. This means your monthly fixed expenses are Rs 50,000, which is more than your income. Additionally, using a credit card for monthly expenses indicates a potential debt trap.

Identifying Key Financial Challenges

Your primary challenges are:

Income is less than expenses

High EMI compared to income

Dependency on credit cards for daily expenses

Addressing these issues requires a comprehensive approach.

Creating a Budget

A well-planned budget is crucial. List all your expenses, including rent, EMI, groceries, utilities, transportation, and credit card payments. This helps identify areas where you can cut costs.

Reducing Discretionary Spending

Review your discretionary expenses. These are non-essential costs like dining out, entertainment, and shopping. Reducing these expenses can free up some funds.

Prioritizing Debt Repayment

Your loan is Rs 3,00,000. High EMIs indicate a large debt burden. Prioritizing debt repayment is essential to regain financial stability.

Exploring Loan Restructuring Options

Talk to your bank about restructuring your loan. They may offer options like extending the loan tenure or reducing the EMI. This can help manage your cash flow better.

Increasing Your Income

Consider ways to increase your income. Look for part-time jobs, freelance work, or side businesses. Every extra rupee can help.

Building an Emergency Fund

An emergency fund is crucial. Start small. Save Rs 500 or Rs 1,000 monthly. This fund can cover unexpected expenses without relying on credit cards.

Using Credit Cards Wisely

Credit cards are convenient but can lead to high-interest debt. Aim to pay off your credit card balance in full every month. If that’s not possible, pay more than the minimum due to reduce interest charges.

Seeking Professional Financial Guidance

Engaging a Certified Financial Planner (CFP) can provide personalized advice. They can help create a financial plan tailored to your situation. A CFP can assist with budgeting, debt management, and long-term financial planning.

Avoiding New Debt

Avoid taking on new debt. This includes personal loans, additional credit cards, or any form of credit. Focus on reducing existing debt first.

Negotiating Better Terms with Creditors

Talk to your creditors. Sometimes, they offer hardship programs that can lower interest rates or extend repayment periods. This can ease your financial burden.

Exploring Consolidation Loans

A consolidation loan can combine multiple debts into one loan with a lower interest rate. This simplifies repayment and can reduce monthly payments.

Monitoring Your Financial Progress

Regularly review your financial progress. Track your income, expenses, and debt repayment. Adjust your budget as needed to stay on track.

Building Good Financial Habits

Developing good financial habits is key. This includes:

Living within your means

Saving regularly

Avoiding impulse purchases

Being mindful of credit card use

Creating a Long-Term Financial Plan

A long-term financial plan is essential for financial security. This includes:

Setting financial goals

Creating a savings plan

Investing for the future

Disadvantages of Direct Funds

Investing in direct funds without guidance can be risky. Lack of professional advice can lead to poor investment choices.

Benefits of Regular Funds via CFPs

Investing through a CFP provides several benefits:

Professional advice

Personalized investment strategies

Regular portfolio reviews

CFPs can help align your investments with your financial goals.

Emphasizing Financial Discipline

Financial discipline is crucial. Stick to your budget, avoid unnecessary expenses, and prioritize debt repayment. This will improve your financial situation over time.

Recognizing the Importance of Financial Education

Financial education is vital. Learn about personal finance, budgeting, and investing. This knowledge empowers you to make informed financial decisions.

Final Insights

Managing finances with a limited income and high expenses is challenging but achievable. It requires a disciplined approach, prioritizing debt repayment, and seeking professional guidance.

Regularly review and adjust your financial plan to stay on track. Stay disciplined, avoid new debt, and work towards financial stability.

Remember, every small step counts towards achieving your financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Money
Ramalingam

Ramalingam Kalirajan  |10872 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jun 02, 2025

Asked by Anonymous - May 17, 2025Hindi
Money
Hi sir , i am 27 years old with multiple personal loan of 2L , 1.03L , 65k, 70k and some credit card bill EMIs of around 10k and EMI for those loan above including all i am paying around 25k EMI per month and my salary is 28k , my house expense is handled by my parents what should i do how to handle or mange the money in this situation.
Ans: You are 27 years old.

Your monthly salary is Rs 28,000.

Your parents manage the house expenses.

You have multiple personal loans and EMIs of Rs 25,000.

This leaves you only Rs 3,000 each month.

It is a serious concern and needs a focused plan.

Let’s appreciate that you are seeking help now.

It shows you care about your financial health.

Let’s create a step-by-step approach to handle this.

Assessing the Debt Situation
Your total loans add up to Rs 2 lakh, 1.03 lakh, 65k and 70k.

You also have credit card EMIs of Rs 10,000.

Your total EMIs are Rs 25,000 every month.

Your EMIs are almost 90% of your salary.

This is a heavy burden for your current income.

We need to find ways to reduce this.

We also need to ensure you don’t fall into bigger debts.

Let’s break down your debts one by one.

Let’s also see if you have any assets to sell.

If not, we will look at negotiation with lenders.

Step 1: Creating a List of Debts
Write down each loan with interest rate, tenure and EMI.

Note the credit card EMIs also.

Note down the total outstanding of each loan.

This will help you see which loan is costing you most.

Usually, credit cards have the highest interest rates.

Personal loans also have high rates.

It is important to know this to prioritise repayment.

Step 2: Prioritising Debt Repayment
First focus on clearing high-interest debts.

This is usually credit card EMIs.

They charge very high interest.

You should try to pay them off first.

If possible, use any bonus, gift or extra income to pay them.

This will save you money in interest payments.

If not possible, let’s move to the next step.

Step 3: Talking to Your Lenders
Contact your banks and lenders.

Explain your income and EMI burden.

Ask if they can restructure the loan.

They may offer lower EMIs or longer tenure.

This can reduce your monthly EMI burden.

This will give you some breathing space.

Also, ask them if they can reduce the interest rate.

Some lenders offer reduced rates for loyal customers.

Step 4: Exploring Consolidation of Loans
Debt consolidation is combining loans into one loan.

You take a new loan with lower interest to pay old loans.

This new loan has one EMI instead of many EMIs.

It will be easier to manage.

This reduces stress and confusion.

Look for lenders who give lower interest consolidation loans.

Make sure the new EMI is affordable for your income.

Do not take new loans from informal sources.

Only use trusted banks or NBFCs.

Step 5: Reviewing Your Spending
With only Rs 3,000 left each month, you need to be careful.

Track every rupee you spend.

Note down each expense daily.

Avoid unnecessary spending.

Save money on transport, eating out and other extras.

Find ways to save even small amounts.

Even small savings will help repay debts.

Step 6: Looking for Extra Income
Your parents manage house expenses.

So you can focus on earning extra income.

Look for part-time jobs or freelancing.

Many online platforms offer small income options.

Even Rs 2,000-3,000 extra can help pay debts faster.

Consider teaching or tutoring if you have skills.

Sell things you don’t use like old gadgets or furniture.

Every rupee earned will ease your EMI burden.

Step 7: Avoiding More Debts
Do not take new loans unless it is an emergency.

Using credit cards for daily expenses can create new debts.

Do not fall for offers like easy EMIs or cashback loans.

Your goal is to become debt-free first.

Once you pay off debts, you can think about other goals.

Step 8: Planning for an Emergency Fund
Once you reduce your debts, build an emergency fund.

This will protect you from new debts.

Start small with even Rs 500 or Rs 1,000 each month.

Keep this money separate from your spending account.

Over time, this fund will grow.

It will help in case of job loss or sudden expenses.

Step 9: Financial Discipline and Mindset
Managing money is not only about numbers.

It also needs a disciplined mindset.

Be patient with your progress.

Avoid comparing with others.

Stay motivated and consistent.

Celebrate small wins like paying off one loan.

These wins will encourage you to keep going.

Final Insights
Your situation is challenging but not hopeless.

With clear planning, you can manage your debts.

Start by listing your debts and understanding them.

Prioritise paying high-interest debts first.

Talk to lenders for restructuring if needed.

Avoid new debts and cut down on spending.

Look for extra income sources to boost your repayment.

Once debts are cleared, focus on saving and investing.

Avoid investing in direct mutual funds without a trusted MFD.

Regular funds via MFD have guidance and service.

Direct funds miss this personalised support.

This can hurt long-term wealth building.

As you clear debts, you will feel more confident.

You will also learn good money habits for life.

This effort will bring you financial peace.

Your parents will also feel proud of your efforts.

I am here to guide you step by step.

You will come out stronger from this situation.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

https://www.youtube.com/@HolisticInvestment

..Read more

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Ramalingam

Ramalingam Kalirajan  |10872 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Aug 11, 2025

Asked by Anonymous - Aug 11, 2025Hindi
Money
My monthly salary is 88000 thousand, personal loan EMI is 31500,I invest 24000 monthly,household expenses is 10000,child education almost 5000,rent 4500,left with only 10000 in hand,How can I manage,plz suggest
Ans: You are already doing something very positive.
You have fixed investments every month.
You have kept expenses under control.
This is a very good starting point.

» Understanding your cash flow
– Your salary is Rs. 88000 per month.
– Loan EMI is Rs. 31500.
– Monthly investments are Rs. 24000.
– Household expenses are Rs. 10000.
– Child education is Rs. 5000.
– Rent is Rs. 4500.
– This leaves you with Rs. 10000 in hand.

» Assessing your current challenges
– Loan EMI is taking a high share of income.
– Investments are also high compared to surplus cash.
– Your fixed expenses are reasonable.
– Surplus of Rs. 10000 is too low for emergencies.
– This creates risk if unexpected costs arise.

» Reviewing your loan repayment
– EMI is almost 36% of income.
– Ideal EMI share is under 30% of income.
– Try to prepay small parts when you get bonuses.
– Even small prepayments reduce loan term.
– Avoid taking any more personal loans.
– Avoid refinancing unless rate reduction is good.

» Emergency fund importance
– Surplus cash each month is low.
– Keep at least 6 months of expenses as emergency fund.
– This means around Rs. 1.5 lakh minimum.
– Keep this in a liquid option with quick access.
– Build this before increasing other investments.

» Balancing investments and cash flow
– You are investing Rs. 24000 every month.
– This is almost 27% of income.
– Investments are good but liquidity is low.
– For next few months, reduce monthly investment slightly.
– Use freed amount to build emergency fund.
– Once fund is ready, resume higher investments.

» Prioritising child education planning
– Education cost rises faster than inflation.
– You are spending Rs. 5000 now.
– For higher education, plan separately.
– Use a goal-based investment approach.
– Allocate to a mix of diversified equity and debt.
– Review progress every year.

» Optimising household expenses
– Your household expenses are already low.
– Still, review bills every quarter.
– Negotiate for better rates on utilities if possible.
– Avoid lifestyle inflation until loan is reduced.
– Avoid large purchases on EMI or credit card.

» Insurance protection review
– Check if you have enough life cover.
– Cover should be at least 10-12 times annual income.
– Take pure term insurance for low cost.
– Review health insurance coverage for whole family.
– Adequate insurance prevents breaking investments for emergencies.

» Investment strategy refinement
– Continue disciplined investing but with balance.
– Focus on goal-based planning, not random amounts.
– Prefer actively managed funds over index funds.
– Actively managed funds can beat inflation and offer better downside protection.
– They have experienced fund managers making decisions, unlike index funds which follow the market blindly.
– Index funds cannot avoid poor-performing stocks in the index.
– In volatile markets, this can hurt returns.
– With a Certified Financial Planner, you can choose the right active funds for each goal.

» Avoiding direct fund pitfalls
– Direct funds give lower expense ratio but no guidance.
– Many investors choose wrong funds and wrong exit timing.
– Wrong asset mix can harm long-term returns.
– A regular plan through a Mutual Fund Distributor with CFP guidance gives proper monitoring.
– This helps in rebalancing and course correction.
– Professional tracking prevents emotional investment decisions.

» Tax planning alignment
– Review investments for tax efficiency.
– Use eligible options under Section 80C only after basic goals are funded.
– Avoid locking too much in long-term tax products without liquidity.
– Keep capital gains tax rules in mind for mutual funds.
– Plan redemption in a way to reduce tax impact.

» Building surplus gradually
– Current surplus is Rs. 10000 per month.
– After reducing investment slightly, you can raise surplus to Rs. 15000-18000.
– This will help in building emergency fund faster.
– Once fund is ready, channel extra into goal investments.
– Surplus also gives peace of mind during unexpected expenses.

» Psychological advantage of balance
– Too high investments with low liquidity cause stress.
– Balanced approach builds both future wealth and present safety.
– You can handle emergencies without breaking long-term plans.
– This improves your confidence in financial planning.

» Monitoring progress
– Review your financial plan every six months.
– Check if EMI share is going down.
– Check if emergency fund is growing.
– Track if investments are aligned to goals.
– Make small adjustments instead of large changes.

» Planning for loan closure
– Once loan is closed, you will free Rs. 31500 monthly.
– Allocate half to investments for faster wealth building.
– Keep the other half to increase lifestyle and savings.
– This will give a big positive boost to cash flow.

» Avoiding common mistakes
– Do not stop investments completely for long periods.
– Do not take new loans for discretionary spending.
– Avoid investing in unregulated products.
– Avoid mixing insurance and investment in same product.

» Building long-term wealth
– Wealth comes from discipline over decades.
– A steady plan with flexibility works best.
– Your current savings habit is strong.
– Add liquidity and goal clarity for full effectiveness.

» Finally
– You have a strong start with high savings habit.
– Adjust investment amount temporarily to build emergency fund.
– Focus on reducing loan burden over time.
– Keep child education and retirement as separate, clear goals.
– Use actively managed funds with CFP guidance for long-term growth.
– Review and adjust every six months to stay on track.
– This approach will improve cash flow now and wealth later.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

..Read more

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Latest Questions
Nayagam P

Nayagam P P  |10851 Answers  |Ask -

Career Counsellor - Answered on Dec 07, 2025

Career
Hello, I’m a student who recently joined the Integrated M.Sc Physics program at Amrita University. I’m aiming for a strong academic foundation and a clear career path. Could you please guide me on the following: How good is this course for research careers or higher studies (IISc, IITs, abroad)? What are the placement prospects after Integrated M.Sc Physics at Amrita? Does the program help in preparing for alternate options like UPSC, CDS/AFCAT, or technical roles? What skills (coding, research projects, certifications) should I start early to make the most of this degree?
Ans: Sree, Program Overview and Academic Foundation: Congratulations on joining the Integrated M.Sc Physics program at Amrita University. This five-year integrated program represents a rigorous pathway designed to equip you with advanced theoretical and experimental physics knowledge combined with cutting-edge scientific computing skills. The curriculum uniquely integrates a minor in Scientific Computing, which adds substantial computational capability to your profile—a critical advantage in today's research and professional landscape. The program incorporates comprehensive coursework spanning classical mechanics, electromagnetism, quantum mechanics, statistical physics, advanced laboratory work, and specialized topics in materials physics, optoelectronics, and computational methods, positioning you excellently for both research and professional careers.
Research Career Prospects: IISc, IITs, and Beyond: For research-oriented careers, the Integrated M.Sc Physics program at Amrita provides an exceptional foundation. Amrita's curriculum specifically aligns with GATE and UGC-NET examination syllabi, and the institution emphasizes early research engagement. The faculty at Amrita actively publish research in Scopus-indexed journals, with over 60 publications in international venues within the past five years, exposing you to active research environments.
To pursue research at premier institutions like IISc, you would typically follow the PhD pathway. IISc accepts M.Sc graduates through their Integrated PhD programs, and with your Amrita M.Sc, you're eligible to apply. You'll need to qualify the relevant entrance examinations, and your integrated program's emphasis on research fundamentals provides strong preparation. The final year of your Integrated M.Sc is intentionally structured to be nearly free of classroom commitments, enabling engagement with research projects at institutes like IISc, IITs, and National Labs. According to Amrita's data, over 80% of M.Sc Physics students secured internship offers from reputed institutions during academic year 2019-20, directly facilitating research career transitions.
Placement and Direct Employment Opportunities: Amrita University boasts a comprehensive placement ecosystem with strong corporate and government sector connections. According to NIRF placement data for the Amrita Integrated M.Sc program (5-year), the median salary in 2023-24 stood at ?7.2 LPA with approximately 57% placement rate. However, these figures reflect general placement trends; physics graduates often secure higher packages in specialized technical roles. Many graduates join software companies like Infosys (with early offers), Google, and PayPal, where their strong analytical and computational skills command competitive compensation packages ranging from ?8-15 LPA for entry-level positions.
The Department of Corporate and Industrial Relations at Amrita provides intensive three-semester life skills training covering linguistic competence, data interpretation, group discussions, and interview techniques. This structured placement support significantly enhances your employability in both government and private sectors.
Government Sector Opportunities: UPSC, BARC, DRDO, and ISRO: Your M.Sc Physics degree opens multiple avenues for prestigious government employment. UPSC Geophysicist examinations explicitly list M.Sc Physics or Applied Physics as qualifying degrees, enabling you to compete for Group A positions in the Geological Survey of India and Central Ground Water Board. The age limit for geophysicist positions is 32 years (with relaxation for reserved categories), and the exam comprises preliminary, main, and interview stages.
BARC (Bhabha Atomic Research Centre) actively recruits M.Sc Physics graduates as Scientific Officers and Research Fellows. Recruitment occurs through the BARC Online Test or GATE scores, with positions in nuclear science, radiation protection, and atomic research. BARC Summer Internship programs are available, offering ?5,000-?10,000 monthly stipends with opportunity for future scientist recruitment.
DRDO (Defense Research and Development Organization) recruits M.Sc Physics graduates through CEPTAM examinations or GATE scores for roles involving defense technology, weapon systems, and laser physics research. ISRO (Indian Space Research Organisation) regularly advertises scientist/engineer positions through competitive recruitment for candidates with strong physics backgrounds, offering opportunities in satellite technology and space science applications.
Other significant employers include the Indian Meteorological Department (IMD) recruiting as scientific officers, and NPCIL (Nuclear Power Corporation of India Limited), offering stable government service with competitive compensation packages exceeding ?8-12 LPA for scientists.
Alternate Career Pathways: UPSC, CDS, and AFCAT: UPSC Civil Services (IFS - Indian Forest Service): M.Sc Physics graduates qualify for UPSC Civil Services examinations, with the forest service offering opportunities for science-based administrative roles with potential to reach senior government positions.
CDS/AFCAT (Armed Forces): While AFCAT meteorology branches specifically require "B.Sc with Maths & Physics with 60% minimum marks," the technical branches (Aeronautical Engineering and Ground Duty Technical roles) require graduation/integrated postgraduation in Engineering/Technology. An M.Sc Physics integrates well with technical qualifications, though you would need engineering background for direct officer entry. However, you remain eligible for specialized technical interviews if applying through alternate defence channels.
UGC-NET Examination: This pathway leads to Assistant Professor positions in central universities and colleges across India. NET-qualified candidates receive scholarships of ?31,000/month for 2-year JRF positions with PhD pursuit, transitioning to Assistant Professor salaries of ?41,000/month in government institutions. This route provides long-term academic career security with research opportunities.
Private Sector Technical Roles
M.Sc Physics graduates are increasingly valued in data science, software engineering, and technical consulting. Companies actively recruit physics graduates for software development, where strong problem-solving and logical reasoning translate to competitive packages of ?10-20 LPA. Specialized domains including quantum computing development, financial modeling, and scientific computing offer premium compensation. Your minor in Scientific Computing makes you particularly attractive to technology companies requiring computational expertise.
International Opportunities and Higher Studies Abroad
An M.Sc from Amrita facilitates admission to PhD programs at international institutions. German universities offer tuition-free or low-fee MSc Physics programs (2 years) with scholarships like DAAD providing €850+ monthly stipends. US universities accept M.Sc graduates directly for PhD positions with full funding (tuition coverage + stipend). These pathways require GRE scores and strong Statement of Purpose articulating research interests. Research collaboration opportunities exist with Max Planck Institute (Germany) and CalTech Summer Research Program (USA), both welcoming Indian M.Sc students.
Essential Skills and Certifications to Develop Immediately: Programming Languages: Start learning Python immediately—it's universally used in research and industry. Dedicate 2-3 hours weekly to data analysis, scientific computing libraries (NumPy, SciPy, Pandas), and machine learning fundamentals. MATLAB is equally critical for physics applications, particularly numerical simulations and data visualization. Aim to complete MATLAB certification courses within your first year.
Research Tools: Learn Git/version control, LaTeX for scientific documentation, and data analysis frameworks. These skills are indispensable for publishing research papers and collaborating on projects.
Certifications Worth Pursuing: (1) MATLAB Certification (DIYguru or MathWorks official courses) (2) Python for Data Science (complete certificate programs from platforms like Coursera) (3) Machine Learning Fundamentals (for expanding technical versatility) & (4) Scientific Communication and Technical Writing (develop through departmental workshops)
Strategic Internship Planning: Leverage Amrita's research connections systematically. In your third year, apply to BARC Summer Internship, IISER Internships, TIFR Summer Fellowships, and IIT Internship programs (like IIT Kanpur SURGE). These expose you to frontier research while establishing connections for future PhD or scientist recruitment. Target 2-3 research internships across different specializations to develop versatility.

TO SUM UP, Your Integrated M.Sc Physics degree from Amrita positions you exceptionally well for competitive research careers at IISc/IITs, prestigious government scientist roles at BARC/DRDO/ISRO, and international PhD opportunities. The program's scientific computing emphasis differentiates you in the job market. Immediate priorities: (1) Master Python and MATLAB within the first two years; (2) Engage in research projects starting year 2-3; (3) Target internships at premiere research institutions; (4) Prepare GATE while completing your degree for maximum flexibility in recruitment; (5) Consider UGC-NET for long-term academic stability. Your career trajectory will ultimately depend on developing strong research fundamentals, demonstrating consistent excellence in specialization areas, and strategically selecting internship and research opportunities. The rigorous Amrita program combined with disciplined skill development positions you for exceptional career success across multiple sectors. Choose the most suitable option for you out of the various options available mentioned above. All the BEST for Your Prosperous Future!

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Nayagam P

Nayagam P P  |10851 Answers  |Ask -

Career Counsellor - Answered on Dec 07, 2025

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Radheshyam

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Dr Nagarajan J S K

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Mihir

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Asked by Anonymous - Dec 04, 2025Hindi
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Ramalingam

Ramalingam Kalirajan  |10872 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Dec 06, 2025

Asked by Anonymous - Dec 06, 2025Hindi
Money
Dear Sir/Ma'am, I need some guidance and advice for continuing my mutual fund investments. I am a 36 year old male, married, no kids yet and no debts/liabilities as such. I have couple of savings in PPF, NPS, Emergency funds and long term investing in direct stocks. I recently started below mentioned SIPs for long term to grow wealth. Request you to review the same and let me know if I should continue with the SIPs or need to rationalize. Kindly also advice on how to invest a lumpsum amount of around 6lacs. invesco small cap 2000 motilal oswal midcap 2700 parag parikh flexicap 3000 HDFC flexicap 3100 ICICI prudential largecap 3100 HDFC large and midcap 3100 HDFC gold etf FOF 2000 ICICI Pru equity and debt fund 3000 HDFC balanced advantage fund 3000 nippon india silver etf FOF 2000
Ans: You already built a solid foundation. Many investors delay planning. But you started early at 36. That gives you a strong advantage. You have no liabilities. You have long term thinking. You also have diversified savings like PPF, NPS, Emergency funds and direct stocks. That shows clarity and discipline. This approach builds wealth with less stress over time.

You also started systematic investments in equity funds. That is a positive step. Your selection covers multiple categories like large cap, mid cap, small cap, flexi cap, hybrid and precious metals. So the intent is right. You are trying to create a broad portfolio. That gives balance.

» Your Portfolio Composition Understanding
Your current SIP list includes:

Small cap

Mid cap

Flexi cap

Large cap

Large and mid cap

Hybrid category

Gold and Silver FoF

Equity and Debt allocation fund

Dynamic hybrid fund

This shows you are trying to cover many segments. But too many categories can create overlap. When there is overlap, you get confusion during review. It also makes portfolio discipline difficult. You may think you are diversified. But the holdings inside may repeat. That reduces efficiency.

Your portfolio now looks like:

Equity dominant

Hybrid for stability

Metals for hedge

So the broad direction is fine. But simplifying helps in long-term habit building.

» Fund Category Duplication
You hold:

Two flexi cap funds

One large and mid cap fund

One pure large cap fund

One mid cap fund

One small cap fund

Flexi cap funds already invest across large, mid, small. Then large and mid also overlaps. So the large cap exposure gets repeated. That may not add extra benefit. But it increases monitoring complexity.

So I suggest rationalising. Keep one fund per category in core. Keep satellite space for only high conviction.

» Core and Satellite Strategy
A structured portfolio follows core and satellite method.

Core portfolio should be:

Simple

Long term

Stable

Satellite portfolio can be:

High growth

Concentrated

Based on your thinking level, you can structure like this:

Core funds:

One large cap

One flexi cap

One hybrid equity and debt fund

One balanced advantage type fund

Satellite funds:

One mid cap

One small cap

One metal allocation if needed

This division gives clarity. You can continue SIPs with review every year. No need to stop and restart often. That reduces behavioural mistakes.

» Your Current SIP List Review with Suggested Streamlining

You can consider continuing:

One flexi cap

One large cap

One mid cap

One small cap

One balanced advantage

One equity and debt hybrid

You may reconsider keeping both flexi caps and both gold silver funds. One of each category is enough. Because too many funds do not increase returns. It complicates tracking.

Precious metal funds should not be more than 5 to 7 percent in your portfolio. This is because metals are hedge assets. They do not create compounding like equity. They act as protection during cycles. So keep them small.

» How to Use the Rs 6 Lakh Lump Sum
You asked about lump sum investing. This is important. Lump sum should not go fully into equity at one time. Markets move in cycles. So use a staggered method. You can invest the lump sum through STP (Systematic Transfer Plan). You can keep the amount in a liquid fund and set STP toward your chosen growth funds over 6 to 12 months.

This reduces timing risk. It also creates discipline. So your Rs 6 lakh can be deployed gradually. You may use 50% towards core equity funds and 30% toward satellite growth category. The remaining 20% can go into hybrid category. This gives balance and comfort.

» Regular Funds Over Direct Funds
One important point many investors miss. Direct funds look cheaper. But they demand deep knowledge, discipline, and behaviour control. Most investors lose more through emotional selling and wrong timing than they save on expense ratio.

With regular funds through a Mutual Fund Distributor with Certified Financial Planner qualification, you get guidance, structure and correction. The advisory discipline protects you during market extremes. That is more valuable than a small saving in expense ratio.

A personalised planner also tracks portfolio drift, rebalancing need and category shifts. So regular fund investing gives long-term benefit and behaviour coaching.

» Actively Managed Funds over Index or ETF
Some investors choose index funds or ETF thinking they are simple and cheap. But they ignore drawbacks.

Index funds or ETF will not avoid weak companies in the index. They will invest whether the company grows or struggles. There is no fund manager decision making. So when markets are at peak, index funds continue aggressive exposure. In downturns also they fall fully. There is no cushion.

Actively managed funds work with research teams. They can avoid bad sectors. They can shift allocation based on market and economy. Over long term, this gives better alpha and stability. So continuing with actively managed funds creates better wealth compounding.

» SIP Continuation Strategy
Once the rationalisation is done, continue SIPs every month without interruption. Pause and restart behaviour damages compounding power. SIP works best when you go through all market cycles. You benefit more during corrections because cost averaging works.

So continue SIP amount. You can also review SIP increase every year based on income. Increasing SIP by 10 to 15 percent every year helps you reach large corpus faster.

» Asset Allocation Based Approach
One key point in wealth creation is having the right asset mix. Equity gives growth. Hybrid gives balance. Metals give hedge. Debt gives safety. Your asset allocation should stay aligned to your risk profile and time horizon.

Since you are young and have long term horizon, higher equity allocation is fine. But as time moves, rebalancing is important. Rebalancing protects gains and restores allocation.

So review your asset allocation every year or during major life events like child birth, home buying or retirement planning.

» Behaviour Management
Many portfolios fail not due to bad funds. They fail due to bad decisions. Selling during correction. Stopping SIP when market falls. Chasing past return performance. These mistakes reduce wealth.

Your discipline so far is good. Continue to stay patient during volatility. Equity rewards patience and time.

» Financial Goals Clarity
Since you have no children now, you can decide your long-term goals. Typical goals may include:

Retirement

Future child education

Dream lifestyle purchase

Health care reserves

When goals are clear, investment purpose becomes stronger. So you can map each fund category to goal horizon. Short-term goals should not use equity. Long-term goals should use equity with hybrid support.

» Role of Review and Monitoring
Review once in a year is enough. Frequent review can create anxiety. Annual review helps check:

Fund performance

Expense drift

Category relevance

Allocation balance

Then adjust only if needed. This progress helps you stay confident and aligned.

» Taxation Awareness
Equity mutual funds taxation rules are:

Short term (below one year holding) taxable at 20 percent

Long term (above one year holding) gains above Rs 1.25 lakh taxable at 12.5 percent

Debt mutual funds are taxed as per your income slab.

So always hold equity funds for long term. That reduces tax impact and gives better growth.

» SIP Increase Plan
You can create a simple plan to increase SIP over time. For example:

Increase SIP at every salary increment

Increase SIP during bonus time

Use rewards or extra income for investing

This habit accelerates wealth. So by the time you reach 45 to 50 years, your investments could reach a strong level.

» Insurance and Protection
Before investing large, ensure you have term insurance and health insurance. If not already done, it is important. Insurance protects wealth. Without insurance, even a small medical event can impact investment plan. So review this part also. Since you are married, cover both.

» Wealth Behaviour Mindset
You are already disciplined. Just keep these simple principles:

Invest without stopping

Review once a year

Avoid funds overlap

Follow asset allocation

Avoid reacting to media noise

This helps you reach long term milestones.

» Finally
You are on the right track. Only fine tuning and simplification is needed. Your discipline is visible. Your portfolio will grow well with structure, patience and periodic review. Use the Rs 6 lakh with STP approach. And continue SIP with rationalised categories.

With time and consistency, wealth creation becomes effortless and peaceful. You just need to stay committed and avoid overthinking during market movements.

Best Regards,
K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

https://www.youtube.com/@HolisticInvestment

...Read more

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Radheshyam

Radheshyam Zanwar  |6736 Answers  |Ask -

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Dec 06, 2025

Asked by Anonymous - Dec 04, 2025Hindi
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Radheshyam

Radheshyam Zanwar  |6736 Answers  |Ask -

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Dr Dipankar

Dr Dipankar Dutta  |1837 Answers  |Ask -

Tech Careers and Skill Development Expert - Answered on Dec 05, 2025

Career
Dear Sir, I did my BTech from a normal engineering college not very famous. The teaching was not great and hence i did not study well. I tried my best to learn coding including all the technologies like html,css,javascript,react js,dba,php because i wanted to be a web developer But nothing seem to enter my head except html and css. I don't understand a language which has more complexities. Is it because of my lack of experience or not devoting enough time. I am not sure. I did many courses online and tried to do diplomas also abroad which i passed somehow. I recently joined android development course because i like apps but the teaching was so fast that i could not memorize anything. There was no time to even take notes down. During the course i did assignments and understood the code because i have to pass but after the course is over i tend to forget everything. I attempted a lot of interviews. Some of them i even got but could not perform well so they let me go. Now due to the AI booming and job markets in a bad shape i am re-thinking whether to keep studying or whether its just time waste. Since 3 years i am doing labour type of jobs which does not yield anything to me for survival and to pay my expenses. I have the quest to learn everything but as soon as i sit in front of the computer i listen to music or read something else. What should i do to stay more focused? What should i do to make myself believe confident. Is there still scope of IT in todays world? Kindly advise.
Ans: Your story does not show failure.
It shows persistence, effort, and desire to improve.

Most people give up.
You didn’t.
That means you will succeed — but with the right method, not the old one.

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