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Ramalingam Kalirajan |7122 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 17, 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

Question by Naveen on Dec 20, 2023Hindi

Money

Hi sir,I done my graduation in 2021 and I started trading and I almost lost 8 lakhs in trading which is debt amount in 2 years,now I learned full stack python course for a job.I am a fresher, so seeking jobs are tuff and low pay. I have one year time to clear my debt.I don't know what to do and I don't have any job or money to continue my trading.so, please suggest me a way how to clear my debt in a year sir.

Ans: I'm sorry to hear about your trading losses. Given your situation, focusing on clearing your debt should be your top priority. Here's a plan:

Employment: While job hunting, consider freelance or part-time roles in your field or related areas to generate income.

Budgeting: Create a strict monthly budget to manage expenses and allocate a significant portion to debt repayment.

Debt Repayment Strategy: Prioritize high-interest debts and consider consolidating debts to lower interest rates if possible.

Skill Utilization: Apply the skills from your full-stack Python course to freelance projects or remote work to boost income.

Financial Counseling: Consider seeking advice from a financial counselor for personalized debt management strategies.

Stay disciplined and focused on your goal to clear the debt within a year.

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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Advait Arora | Answer |Ask -Follow

Financial Planner - Answered on Jan 18, 2024

Question by Naveen - Dec 20, 2023Hindi

Money

I have 10 lakhs debt in trading.I only have one year time to clear my debt i don't have any job or money left to do trading.I don't know what to do and how to clear

Ans: Hope you have learnt the lesson. Work hard, earn money and save it and invest wisely in future.

Ramalingam Kalirajan |7122 Answers |Ask -Follow

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

Asked by Anonymous - Jul 22, 2024Hindi

Money

Dear sir, My monthly income is 1.5Lacs Monthly Expenses: 2.5 Lacs Borrowed money from Market 80Lacs How can get rid of this debt plz advise me Thank you Mohammed Majeed

Ans: Dear Mohammed,

Handling your debt effectively and improving your financial health requires a strategic approach. Here are some steps you can take to manage and eventually eliminate your debt.

Assess Your Current Financial Situation
Monthly Income and Expenses: You have a monthly income of Rs 1.5 lakhs and expenses of Rs 2.5 lakhs. This results in a deficit of Rs 1 lakh per month.

Borrowed Money: You have borrowed Rs 80 lakhs from the market. This is a significant amount and needs careful planning to repay.

Create a Detailed Budget
Track Expenses: Note down all your expenses, categorize them, and identify non-essential items.

Cut Down Costs: Focus on reducing discretionary spending. Prioritize needs over wants.

Increase Income Streams
Additional Work: Look for part-time or freelance opportunities to boost your income.

Utilize Skills: Use your skills to offer consulting or other services.

Debt Repayment Strategy
Prioritize High-Interest Debt: Focus on repaying the highest interest debt first. This will reduce the overall interest burden.

Debt Consolidation: Consider consolidating your loans into a single loan with a lower interest rate. This simplifies payments and can reduce interest costs.

Negotiate with Creditors
Interest Rate Reduction: Contact creditors to negotiate lower interest rates or extended repayment terms.

Restructuring Loans: If possible, restructure your loans to make repayment more manageable.

Financial Discipline
Avoid New Debt: Resist taking on new debt until the existing one is under control.

Emergency Fund: Gradually build an emergency fund to avoid relying on debt for unexpected expenses.

Utilize Professional Guidance
Certified Financial Planner: Seek advice from a Certified Financial Planner (CFP). They can provide a personalized plan based on your financial situation.
Regular Review and Adjustment
Monthly Review: Regularly review your budget and repayment plan. Adjust as needed to stay on track.

Final Insights
Commitment: Managing and eliminating debt requires commitment and financial discipline.

Professional Help: Utilize professional guidance to navigate complex financial decisions.

Long-Term View: Focus on long-term financial health, not just immediate relief.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Samraat Jadhav |2098 Answers |Ask -Follow

Stock Market Expert - Answered on Aug 19, 2024

Asked by Anonymous - Aug 18, 2024Hindi

Money

Iam in huge debt with 1 crore, because of business and share trading. Please let me know how to overcome this. My take home salary is 1.5 lakh, Iam 40 years old. I have family with 2 kids

Ans: I would suggest you to visit a SEBI Registered Investment Advisor and seek advice from them. The following link will help you to find the nearest Adviser for you.
https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&intmId=13

Latest Questions

Dr Nandita Palshetkar |11 Answers |Ask -Follow

Gynaecologist, IVF expert - Answered on Nov 26, 2024

Question by paresh - Nov 24, 2024Hindi

Health

I am 43 years old, my periods come for 1-2 days, I have been having acidity for 5-6 months, I have gained weight, hair fall occurs, water comes out from the breasts, is this a symbol of menopause, if yes then what medicine should I take?

Ans: At age of 43, there is a hormonal imbalance which can result in weight gain, scanty menses, hair fall, discharge from nipple.
It can be due to stress, diet changes or lifestyle changes
Watery discharge from nipple can be due to impaired, raised prolactin level which can and treated with medicine under supervision of your doctor
To check for hormones
TSH, prolactin, LH, FSH, estradiol level, and correct accordingly
Weight gain can be taken care by correcting hormonal imbalance, dietary changes (including proteins less carbs, less oily and fatty food), exercises (Zumba, cardio, daily walks)
Hair fall can be taken care of by improving nutrition, including vitamin A, C, D, iron, biotin, zinc, protein, essential fatty acids and taking supplements under doctor supervision

Dr Nandita Palshetkar |11 Answers |Ask -Follow

Gynaecologist, IVF expert - Answered on Nov 26, 2024

Asked by Anonymous - Nov 21, 2024Hindi

Health

Sir/Ma'am, my wife aged 36 years old suffering from constipation as well as TSH 9.7. we are blessed with two children girl 12 yrs and 6 yrs old boy. She is undergoing treatment under a good Consultant Physician (Ex Resident AIIMS New Delhi) Dr Kamal Bandhu at Samastipur Bihar. She was treated for low Hb and Calcium by single dose Encicarb IV and medicine. Lal path lab report for Hb -9.5 and HB1ac -5.7, Vitamin B12- 135 and vitamin D- 45. Recently she missed the period after last period was on 18 Oct 24 but till now no period came. Urine pregnancy test was also carried out twice with the help of two different UPT strip and result was negative twice. We are not in physical contact since 19 Sep 24 due to job location. Kindly suggest in case she missed her period

Ans: History noted
Since she missed her periods, tsh higher side
Urine pregnancy test twice negative
I would advise
1) to get one usg pelvis done to rule out any cyst
2) hormonal test
Tsh , prolactin
Since TSH is high, advisable to start thyroid medications tab thyronorm to bring down the tsh level to within normal limits
If usg pelvis is normal
Can give withdrawal bleed in form of progesterone pills to get periods.
Keep a watch on further cycles
If still irregular, then to keep on cyclic oral contraceptive pills to regularize periods
To maintain menstrual diary
To control TSH LEVEL

Dr Nandita Palshetkar |11 Answers |Ask -Follow

Gynaecologist, IVF expert - Answered on Nov 26, 2024

Asked by Anonymous - Nov 22, 2024Hindi

Health

Hi doctor, I am 44 years old, and my menstrual cycle is currently 20 days. I got my period on September 30, 2024, and then I took an emergency contraceptive pill (i-pill) on October 9. I had my regular period on October 21. Now, I have missed my second period; today is October 22, and I still have not started. How long should I wait for my period to arrive, or should I take a pregnancy test? This was my first time using an i-pill, so I would like some advice. Is it normal to have a delay after taking an I-pill? How many days could it be delayed? Please suggest what I should do.

Ans: Hey, since you are 44 years, you are in your peri menopausal phase which causes hormonal imbalance
But since have consumed IPILL, which is an emergency contraception, periods can be up to a week late and sometimes even later. If your period is more than a week late, we recommend taking a pregnancy test. You may have some irregular bleeding after you take the Ipill, and before your next period. This can range from spotting to heavy bleeding.
So please do home pregnancy test once to rule out pregnancy. If its negative, then await normal regular periods.

Dr Nandita Palshetkar |11 Answers |Ask -Follow

Gynaecologist, IVF expert - Answered on Nov 26, 2024

Question by Twisha - Nov 19, 2024Hindi

Health

Hello mam, I am a girl 18years old I had pcod since my period started I got my period when I was 13years that time everything was ok but after few months I was bleeding heavy getting menses 2-3in a month so my mom got very worried and she takes me to a gynaecologist and she prescription and tablets like "novelon"and then I am ok but after that I didn't get my periods for few months and also that time lockdown happened so we can't go to a gynaecologist and then after everything got normal and hospitals we go to the doctor and she asked from how many time you don't get your menses and then I replied from past 6months and she shouted on me and immediately told me to have ultrasound and after seeing the reports she said you have pcod then the rest of the story you know I am still suffering from this disease I don't get my periods if I don't take the tablets now I can't understand what to do even I changed a lot of gynaecologists but nothing happened and they this is a incurable disease you have to take tablets for lifetime and also I am not even financially strong

Ans: Polycystic ovary syndrome (PCOS) is a hormonal condition that can cause irregular or absent menstrual periods.
Higher amounts of androgens in PCOS can interfere with egg development and ovulation, leading to skipped or absent periods.
One of the best ways to cope with PCOS is to maintain a healthy bodyweight, eat nutritious foods and exercise regularly.
LIFESTYLE CHANGES:
Eating healthy foods, exercising regularly, and maintaining a healthy weight can help regulate your menstrual cycle
BIRTH CONTROL PILLS:
Combination oral contraceptives (COCs) can help regulate menstrual periods and treat acne and hirsutism. It can take up to six months to see if birth control is effective.
ANTIESTROGENS:
These medicines can help with skin and hair growth problems
METFORMIN
This diabetes medicine can help control ovulation and androgen levels, which can make menstrual cycles more regular
Supplements containing
Myo ionositol, chirositol, vitamin D, chromium also helps in maintaining pco

Radheshyam Zanwar |1070 Answers |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Nov 26, 2024

Question by Vikas - Nov 25, 2024Hindi

Career

Neet Wale jee de sakte hai

Ans: Hello Vikas.
NEET aspirants can give the JEE (Mains) without any hurdle. But the JEE is based on PCM. Hence, to be admitted to the engineering branch, the aspirant must have cleared mathematics as an optional subject.
Best of luck for your upcoming NEET and JEE exams.

If satisfied, please like and follow me.
If dissatisfied with the reply, please ask again without hesitation.
Thanks.

Radheshyam

Dr Dipankar Dutta |702 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Nov 25, 2024

Asked by Anonymous - Nov 25, 2024Hindi

Career

Hello, I have completed my MSc from Biotechnology I am interested in R and D but not getting proper guidance. Can you help me with some good carrier options please ?

Ans: If you are interested in R&D you should do PhD. You may get scholarship also. See websites of the premier Universities to know criteria.

Asked on - Nov 25, 2024 | Answered on Nov 25, 2024

Thank you I will definitely do it. But can you also let me know about other options rather than PhD or NET exam?

Ans: You can join Pharma Companies as scientists. One of my friends is working at Emami

Dr Dipankar Dutta |702 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Nov 25, 2024

Asked by Anonymous - Nov 25, 2024Hindi

Career

I have completed btech in mechanical engineering in 2021.Due to preparation of government job. I am currently looking for job. please suggest me which course provide guaratee job

Ans: Sorry. I do not know any course which provide job guarantee. Best course will be M.Tech from IITs

Milind Vadjikar |692 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Nov 25, 2024

Asked by Anonymous - Nov 20, 2024Hindi

Money

My EPS amount is stuck. How to get it ? you mentioned about Composite claim form in some of the answers. How to get that as well. Can you please explain in detail?

Ans: Hello;

What is the reason for EPS being held-up?

Your employer or EPFO should clarify to you on this aspect.

Based on the reason we can take corrective steps to clear the matter.

Composite claim form(CCF), aadhar and non aadhar type, both are available on epfo portal. It has replaced the earlier form no. 19, 10 C and 31.

Best wishes;

Nayagam P P |3921 Answers |Ask -Follow

Career Counsellor - Answered on Nov 25, 2024

Asked by Anonymous - Nov 25, 2024Hindi

Career

My daughter is in 10 th class Maharashtra board She wants to do carrier in mathematics or economics what are the ways for further education

Ans: Your daughter is interested in pursuing a career in Mathematics or Economics, which offer exciting opportunities and a variety of educational pathways. She can choose from the Science Stream (Mathematics Focus) or the Commerce Stream (Economics Focus), depending on her interests and aptitude.

An option for her is to choose Science with Mathematics in 11th and 12th grade, which will provide a strong foundation in math. After completing 12th Science with Mathematics, she can pursue a Bachelor's Degree in Mathematics, such as B.Sc. in Mathematics, B.Tech or B.E. (Engineering), or a B.Tech in Computer Science, Information Technology, or Electronics.

Postgraduate courses in Mathematics can lead to M.Sc. in Mathematics or Applied Mathematics, or M.Tech in Data Science or Computer Science. Other career paths in Mathematics include Actuarial Science, Data Science/Analytics, and pure mathematics/research.

In Economics, she can pursue Commerce with Economics in 11th and 12th grade, followed by a Bachelor's Degree in Economics, a Master of Arts in Economics, or a Master of Science in Economics. Specialized courses in Economics include Econometrics, Public Policy, Finance, and International Organizations/NGOs.

Joint careers in Mathematics and Economics can be pursued through integrated programs like B.A./B.Sc. in Mathematics and Economics, or Actuarial Science/Financial Mathematics. Entrance exams and competitive exams may be required for each path.

Pursuing Mathematics through the Science stream is an excellent path for your daughter, while Economics through the Commerce stream is ideal for those interested in understanding economies and global trends. All the BEST for Your Daughter's Prosperous Future.

To know more on ‘ Careers | Education | Jobs’, ask / follow Us here in RediffGURUS.

Nayagam P P |3921 Answers |Ask -Follow

Career Counsellor - Answered on Nov 25, 2024

Asked by Anonymous - Nov 23, 2024Hindi

Career

Greetings Sir, Do you have professional guidance services one to one for my daughter studying in 11th preparing for Engineering entrances ?

Ans: Please establish a connection with me via LinkedIn to determine the feasibility. All the BEST for Your Daughter's Prosperous Future.

To know more on ‘ Careers | Education | Jobs’, ask / follow Us here in RediffGURUS.

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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.

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