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Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Apr 21, 2022

Anu Krishna is a mind coach and relationship expert.
The co-founder of Unfear Changemakers LLP, she has received her neuro linguistic programming training from National Federation of NeuroLinguistic Programming, USA, and her energy work specialisation from the Institute for Inner Studies, Manila.
She is an executive member of the Indian Association of Adolescent Health.... more
VT Question by VT on Apr 21, 2022Hindi
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Relationship

 Hi Anu Mam, I am married for 4 and half years now and have a 3 YO daughter.
It was an arranged marriage and the families were not familiar before.
My husband started behaving very rude to me since my delivery.
He verbally abused me a lot and finally I felt something was not right and opened up to my parents, that I cannot live with him, after 3 years of the marriage.

My parents supported me and took care of my daughter and me for a year, after which my husband's family convinced me to move back in with him.
When I came back to him I realised he has been cheating on me with his colleague since before my delivery.
When I probed the issue further, without his knowledge, I got to know that he was a polygamous person for 10 years before marriage. And this shook me.

I also got to know he is meeting one of his female friends after work hours, lying to me. He used to lie to me that he's going out for work and talk to his other female friend on phone for an hour or so, once every 2-3 days.
He watches porn every day.
I slowly realised he was just exploiting me for his physical needs.
Our relationship turned cold within 3 months of restarting it.
I was not happy being with him. I knew he was still cheating me, but he never obliged when I confronted.
I could not let him even touch me.
Finally, out of his frustration, he physically attacked me in front of our daughter, tried to strangulate my throat, but by god's grace I could save myself.
That day, 30th of August 2021, I left that place with my daughter and came back to my parents.
I filled a domestic harassment complaint against him, for which we're attending counselling sessions now.
I cannot think of a life with him anymore.
I have made up my mind to file an FIR against him soon.
I must say I'm at peace now.
But I still have a lot of anguish whenever those thoughts cross my mind.
Is there a way where I can make peace with my past?

Ans:

Dear VT,

Physical abuse is an absolute NO and so is emotional abuse. I am glad that you have decided to end this misery for yourself and your daughter.

Please proceed with the FIR and also seek help on filing divorce if that is something that you have considered.

On the emotional part of it, it will take a toll on you and your health as you are unprepared at this moment. So start by:

1. Visualizing your life without him by your side

2. Working out granular details like finances and where you will live

3. Chalking out a plan of how your daughter will be cared for if you choose to start working

4. Listing down which close family member will be by your side (emotionally) always

As daunting as this may seem, it is possible to be in a space of strength which you already have experienced and move ahead to a better life.

And as you do this, do remember that you are important, so take care of your thoughts and feelings as well.

  • Spend time in Nature observing and appreciating
  • Surround yourself with people and friends who care and love you unconditionally
  • Exercise and eat well
  • Pamper yourself by caring for your physical appearances
  • Do what you love every day at least for 30 minutes

Situations maybe tough to handle but building strength within at the right time is what is the need of the hour.
I wish you the best in life always.

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Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Jun 08, 2022

Relationship
Hi Anu, 10+yrs of marriage with 9yr child. I am working and all financial burden is on me. I shifted separately from in-laws' house due to financial constraints and expectations. Though elder-in-law, my in-laws didn't try to stop our decision to move separately despite knowing that my hubby doesn't earn a single penny. They expected and I had to share financial expenses with my marginal income 10 years ago. After 5 years, we moved nearby and purchased our own house very little help from in-laws. I took loan and managed the rest with help from my family and friends. In between a lot happened. My father-in-law expired and my mother-in-law is a cancer patient. My mother-in-law started expecting from my hubby and me, probably because her younger son shifted with her family. She didn't want to live with them due to differences with her wife. She complained to my husband that we are not good enough to take care of her. I already had a lot of burden from office so I told my husband to take care of our child as well for sometime. He was quite depressed and frustrated with his inability to earn. Already lot of my hard-earned money has been put in his work n wasted.Now, the real problem during these difficult times began when we started fighting. I had lot of office stress and after mother in law complained, she shifted with her other son. At times, I got frustrated with my child also due to the whole mess, financial burden. I felt like all my hard earned money was wasted due to office stress and my hubby's irresponsible behaviour. He did not even take care of my child’s studies. He started watching porn... I saw him twice and even warned him. My husband started cheating on me with our maid. He did it when he was stressed because I was not able to give him time. I confronted him and since then it has been an emotional trauma. I am yet to accept it. 9 months have been passed. We decided on certain things but I couldn’t accept it.. Due to our emotional bond, I gave him another chance... During that time he accepted and was ready to leave everything and wanted me to be happy. He said he committed a big mistake but recently I found he called that b**ch later. When I confronted him he said he’d advised not to come home in front of his family members. I decided it would be best for him to move out and work from another place. My MIL was living with me but then I felt it too much at times.. now somewhat even my child has emotionally detached from him. It’s the same with him as we've been staying separately from 7 months. He visited 3 times during puja and other needs. I feel emotionally detached and I can’t digest the family situation.Sometimes I feel it's difficult to find the courage to avoid all and live alone. What's the point in living in a marriage for sake of it without having any emotional, physical, financial dependency or security?I am 39 and earn a decent salary at this moment. But I am not sure of my future as I work in a private firm. I am worried about my child’s education, old age, financial insecurity and burden. I haven’t been able to save much because of our financial liabilities and husband’s investments in businesses that never materialised.Before this incident, my husband supported me in my career and also to bring up our child. But what happened is too much and unexpected. Any suggestions?

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Love Guru

Love Guru   |187 Answers  |Ask -

Relationships Expert - Answered on Aug 25, 2022

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Hello love guru. I wanted to know if I am wrong or right. As my husband has blocked me from phone by all means and do not even talk to me, so what should I do? I am working far from my Father in laws home where he stays with his brother (divorcee). He is not working and I am working and taking care of two daughters. Whenever he comes here, he fight a lot saying insane and sarcastic words to me. Since two and half months he stayed with us and left us (though he sometimes talk to my daughters only). I feel alone and nobody is there to support me or even talk to me for my emotional support. Now somebody has started talking to me and even I started, I really do not know what to do. Kindly guide. I told this to my husband also and he says whatever you wish you do.. I do not know why he says like this..He did not even tried to search a job where I am working, but when he went to inlaws there he started searching interestingly. If we do not talk then how  our relation will continue being husband. Also I found many times that he keep on searching call girls from his mobile phone search history and even his friends at inlaws told me that they saw girl accompanying him..but even I want to forget all these things as I found my daughters feel happy to talk to him..but what about my emotions and my physical needs..who will take care of if this keep on continued...as after marriage I found no happy-happy situations for me atleast..he says he lost all his jobs because of me..But all baseless objections...and blames me, harms me by beating also some times..I some times cry alone... but  this is not the life I expected after working so hard...I also used to pay him all money whatever he and whenever he demnaded.. I paid more than 10 lakhs of savings to him till date and did not even ever counted..he also stolen all gold from home without even asking me..I want to forgive him for all but when he is not interested in talking to me and just ignores me then how and why I should continue with him..just because he is my husband..or should I remarry to someone who is really willing to marry me...knowing all these things..or should I dont? As a mother of two daughters I sometimes think..that my only responsibility is to upbring my daughters...but then I also needs someone's emotional support...though economically independent..I also said to him to give me alimony as he does not pay anything to me and also file for divorce...as even I have a right to live happily...kab tak aise hi aansu bahau uske liye jisne mujhe block hi kar rakha hai from phone? I am confused please help me out!!
Ans: You have a husband who is an unemployed, good-for-nothing bum, who doesn't show you respect, steals from you, lives apart from you, likes to associate with call girls, blames you for his failures, beats you and doesn't care if you have an affair. He ‘talks to your daughters sometimes’. Honey, you need to be emailing a divorce lawyer, not this column. And do it immediately. Yes, you're more than just a mother and you do deserve emotional support. You should cut him loose immediately.   

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Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Sep 22, 2022

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Relationship
I am from Hyderabad. Age 40 years old . My name is XY and I’ve been married for 17 years. I have two boys. Ours is a love marriage.I felt like everything will be good and smooth but right after our elder kid was born my life changed. I am an MBA and several times I told my husband that I’d like to work. He said he’d help when the right time and opportunity comes. Until then I should nurture my kids as it's my responsibility and I should support him. But in the 2015, my kid noticed his chats with another lady. I was shocked because many times he’d refused sex with me. We’d get intimate maybe twice or thrice a year. I thought he was busy or maybe he doesn’t like my body. But when I caught him he said, what is over is over. Don't raise the topic. Leave me. I just kept quiet. He said what ever happened, I will be the same for my kids’ future sake. Many quarrels happened. But in 2020 his behaviour came to light. For example if I said anything, he'd punish me by not speaking to me for months. But he'd want me to wash his clothes and fulfil other necessities at home.Once I opened up and said I want to go for counselling. There he told the doctor, ‘She wants my property but she never allows me to care of my mom. She won't allow me to talk to my friends.’ I was shocked. I told him 'I never asked for money or property. I just want to quit.' I went home and told myself if he repeats this another time I won't take it for granted. But again in the month of February, he continued his behaviour. He shifted to another bedroom for a few months where he’d watch TV and have food. He'd even sleep in the kids’ bedroom. I stopped bothering. At some point, I felt like I deserved someone who trusts me.I want to quit because he thinks I am a loyal maid who will take care of kids and the household. He communicates with like ‘What I should get? Milk veggies etc?’ He never treats me with love and affection. Now everything is spoiled. I want to have a new life. I want to be set free from him. Please suggest what to do.
Ans:

Dear XY,

And may I ask what exactly are you waiting for?

Why did you think that by you going for counselling, your husband will change his behaviour towards you?

How is that he cheats on you and still you allow him to treat you this way?

This only shows that you have lost your strength which you need most right now.

What if you were a strong independent woman who has been working?

Would you still subject yourself to this? You know the answer!

Bring back that woman who had dreams, who knew how to walk the path, who knew how a man should treat her, who knew what a marriage really is.

Can you do this?

Your kids need their mother to stand up for herself and do the right thing.

Be the woman who will not settle for anything that disrespects a woman or another human.

Seeing this, they will also know how to treat a woman and what a woman can bring into their lives.

Do the right thing, for yourself and them. Bring back that strong, independent woman who knew this and more.

Best wishes!

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Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 01, 2022

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Relationship
Hello mam, I have come to know about you through an article I read online. I am mailing you regarding my problem. Please make it anonymous. I'm married for 10 years. I have a son who is 6 years old. After my delivery, my husband distanced me. Since then, we use to fight a lot. Both of us are abusive and there is no physical relation between us. I told the same to my parents, and they suggested that I adjust keeping in mind the society and asked me to try for a job to deviate my mind. Once I checked my husband phone and there was a history of homosexual p**n videos. When I asked him the same, he refused. There is no happiness and only fights. I have even made suicidal attempts and was admitted to the hospital for taking expired pills. I’m an old traditioned woman, unable to move out of marriage as I can’t handle being alone. At the same time, I am unable to understand my husband’s behaviour. He is saying he will be like that only, If you want you can stay or leave. He will not tell me anything about his family – when his father passed away due to covid, he left home without telling me. I knew about it from other relatives.
Ans:

Dear GV,

Thank you for reading my content. Hope it helps.

I can only imagine the trap that you are in. So, why are you choosing to be trapped even further?

  • Do you see any scope in your husband changing?
  • Do you know anything about his sexual orientation?
  • Do you feel that the two of you can rebuild your marriage?

If the answer to the above is NO, then time to break out of your so-called traditional mindset.

Do you really want to live in this set-up and have your son grow up unstable?

I am sure that as a mother you do want to provide him with a stable and loving environment.

Then, you need to think differently about your old beliefs and see if they are worth holding onto.

The older generation might have held onto marriages even if they were abusive. But things have changed.

Even if you are not financially independent, there are venues to change that. You only need to change the way you think.

Check with yourself if continuing this way is going to give you anything great in return or is it going to steal your spirit away.

The choice is yours but do know that you have a son to take care of as well.

Start by gaining a good circle of supporters that includes your parents and close friends who can help you through this massive change to enable you take charge of your life.

All the best!

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Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Dec 28, 2023

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Relationship
Hello, I am 41 year old professional. I had met my husband before marriage though social media 5 years back and thereafter maintaining distance relationship and meeting occasionally for 3 years we got married in 2021. It was a struggle for marriage as it was inter caste and inter religious marriage. Everything was smooth in relationship to the fact that I’m responsible for all financial matters as my husband has no job. He is still trying and looking for job. I didn’t mind much but would encourage him to get the job to be mentally and physically fit. Last year we went to his nephews marriage to his village. It was of 7 day programme. On second day I noticed him watching another women ( nephews mother’s sister who has 2 daughters) At that time I didn’t pay attention. After 2 days on a night function I saw my husband texting from far but he looked at that lady again. She also seemed to texting. I became suspicious. Later that night when he came to room I asked to show him his phone he was reluctant. I had to snatch his phone and I saw that he was texting the same lady and in that had asked her to meet her alone. and asking her where he can meet her. I gnashed cried and made a huge scene coz this was not what I had expected. He tried to convince that she was his girlfriend of past and suddenly after seeing her after sometime he only wanted to talk to her. I only asked her ... why alone? He had told me during dating that she had a girlfriend ( never told her identity) and that she has married and moved on. Feeling cheated I could not sleep but only cried that night and in the morning if we can return to our city. Programme had not finished but he agreed and we left. Since then that night and those days still haunt me ; thinking what didn’t I do to love him so much and in return we get cheated. I’m still with him, but mentally I still feel cheated and still am in doubt that he is in touch with her. I am not able to do my duties as part of my mind thinks he cheats me though I have confronted many times on this and he denies that he is not in touch with her Should I leave him or continue with this marriage? We still don’t have any baby.
Ans: Dear Vandana,
Clearly you are more into him than he is into you. Baby or no baby, he seems like someone who isn't going to be steady...what was the need to hide and plan a meeting and if the other lady has moved on, what is doing hanging around her?
And with no financial assurance and stability, he is only tuning his energies to external validation to 'up' his elf esteem...

Isn't it time you actually called him out for his wayward nature and his absolute reluctance to take on some responsibility in the marriage and home? The more you are quiet, the more he is going to feel that you are supporting this nonsense...call it out and NOW! And as for your state of mind, do know that you have it in you to hold your own...don't base you peace of mind on anything outside of you...

All the best!

..Read more

Latest Questions
Ramalingam

Ramalingam Kalirajan  |1374 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 04, 2024

Asked by Anonymous - May 04, 2024Hindi
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Money
Hi I am 25 years old with monthly salary of 50000. I want to buy a home in 3 to 4 years and also want to create wealth. How and where to invest please suggest. As of now no savings.
Ans: It's great that you're thinking about your financial future at such a young age. Saving for a home and building wealth is wise.

Budgeting: Create a simple spreadsheet or use a budgeting app to track your income and expenses. This will help you understand where your money is going each month.

Emergency Fund: This fund acts as a safety net in case of unexpected expenses like medical emergencies or job loss. Aim to save enough to cover three to six months of your living expenses.

Investments for Wealth Creation: Mutual funds and Systematic Investment Plans (SIPs) are popular options for long-term wealth creation. They pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities.

Saving for a Home: Fixed deposits (FDs) or recurring deposits (RDs) are low-risk options for saving towards your home purchase. They offer guaranteed returns over a fixed period, making them suitable for short-term goals like a down payment.

Risk Management: Since your goal is to buy a home in 3 to 4 years, it's crucial to avoid high-risk investments like individual stocks or cryptocurrencies. These investments can be volatile and may not align with your short-term goals.

Diversification: Spread your investments across different asset classes to reduce risk. For example, you could invest in a combination of FDs, mutual funds, and SIPs to achieve a balanced portfolio.

Consultation: While these are general suggestions, it's essential to seek personalized advice from a Certified Financial Planner. They can assess your financial situation and provide tailored recommendations based on your goals, risk tolerance, and time horizon.

By following these steps and staying disciplined in your savings and investment approach, you can work towards achieving your goals of homeownership and wealth creation.

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Archana

Archana Deshpande  |27 Answers  |Ask -

Image Coach, Soft Skills Trainer - Answered on May 04, 2024

Asked by Anonymous - Apr 20, 2024Hindi
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Hello Sir/Ma'am I'm facing problems regarding money and career related. However I'm working I'm earning but I not able set a goal, and day by day I'm becoming older, family responsibilities can't be handled because of salary issues. What to do, when I was in 12th standard my sister advised me to choose engineering line, she gave me wrong advise now I'm suffering and she is also working earning well n good she is getting high package but I'm. I think my problem is I'm not able to set a goal. Please suggest me, guide me.
Ans: Hi!!

Can I begin by saying, "stop blaming anyone for your circumstances". Your sister advised you for your own good. Engineering is a good degree to have. If you are not happy with doing technical work then see if you can add an MBA or some other skills to increase your chances of earning more. Life is all about taking decisions on a minute to minute basis. Take the right decisions now, let's leave the past behind, thinking about it has no meaning now.
... will you promise me not to indulge in the three c's- don't COMPLAIN, CRITICIZE and CONDEMN!!
Let's look forward now ...
I always believe in putting everything that overwhelms me on paper... then it starts looking doable and simpler!
So that's your first task, put everything on paper( make a goal book, write everything in it), your desires, your dreams, your goals and a everyday to-do list.
The goals should be in every aspect of your life....
1. Financial Goal
2. Career Goal- what other skills do you need to earn the money you need and move ahead in your career
3. Relationships Goal, the quality of your life is based on the quality of your relationships
4. The goal of your physical and mental well being, if you are mentally and physically fit then you can live life well
5. How to be happy without any reason, that's your primary goal.... ask yourself "what are the ways in which I can have fun where money is not involved" - looking at the sun, spending time in nature, listening to the birds singing, playing with small children( they just want you, not your money), helping someone in need, sipping coffee peacefully, make a list of all these and try doing at least two of them every day.

I don't know how good is your relationship with your sister, you say she is doing well, can you ask for her help, without blaming? Ask for help and learn from her. I am sure blood is always thicker and she will help you.

Life is never a straight line, there will always be an up and a down!

Keep up your spirits, everyday is a new day, don't blame yourself, don't blame others. be kind to yourself and be kind to others.

Everyday, take one step towards your goals, move forward... and as regards to ageing, believe me age is just a number, you are as young as you think!!

Here's wishing you a happy, healthy , wealthy life ahead!!

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Ramalingam

Ramalingam Kalirajan  |1374 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 04, 2024

Asked by Anonymous - May 04, 2024Hindi
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Money
Sir,Iam retiring this month I want to invest one core, so that I can getdecent return and also consider inflation.
Ans: As you prepare for retirement, it's crucial to invest your corpus wisely to ensure a steady income and protect against inflation. Here are some considerations and recommendations:

Risk Profile: Assess your risk tolerance and investment objectives. Since you're retiring, you may prefer a more conservative approach with lower-risk investments that offer stability and income.
Asset Allocation: Consider a diversified portfolio comprising a mix of asset classes such as equities, bonds, and fixed-income instruments. Allocate a portion of your corpus to equities for growth potential and the remainder to fixed-income securities for stability and income.
Fixed-Income Options: Explore fixed-income instruments such as government bonds, corporate bonds, and fixed deposits. These provide regular interest income and are relatively safer than equities. Consider laddering your fixed-income investments to manage interest rate risk.
Inflation Protection: To protect against inflation, consider inflation-linked bonds or mutual funds that invest in inflation-protected securities. These investments adjust their returns based on changes in inflation rates, helping to preserve purchasing power over time.
Dividend-Paying Stocks: Dividend-paying stocks of established companies can provide a steady income stream in retirement. Look for companies with a history of consistent dividends and strong fundamentals.
Systematic Withdrawal Plan (SWP): Instead of investing a lump sum, consider setting up an SWP from your investment portfolio. This allows you to withdraw a fixed amount periodically, providing a regular income stream while keeping your capital invested.
Consult a Financial Advisor: Given the importance of your retirement funds, consider consulting with a certified financial planner or investment advisor. They can assess your financial situation, goals, and risk tolerance, and recommend a tailored investment strategy to meet your needs.
Regular Review: Regularly review your investment portfolio to ensure it remains aligned with your retirement goals and financial needs. Rebalance your portfolio as necessary to maintain the desired asset allocation and risk profile.
By carefully considering these factors and seeking professional advice, you can make informed investment decisions to secure a comfortable retirement and protect against inflation.

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Ramalingam

Ramalingam Kalirajan  |1374 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 04, 2024

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I started sip with 500 per month 6 years ago and now I have been investigating 1,20,000per month and do have plan to increase this to 2lac per month (including me and my wife's portfolio) I do invest in direct stocks as well. What would be the advise for me , is it wise decision to invest 2lac per month in mutual funds (70%equity) ? My Target is to build 5 crore by 2030.
Ans: It's commendable that you've been consistently investing and increasing your SIP amount over the years. Here are some considerations and advice:

Diversification: Investing in mutual funds alongside direct stocks provides diversification, which can help mitigate risk. Given your target of building a substantial corpus by 2030, diversification is crucial for long-term wealth creation.
Risk Tolerance: Assess your risk tolerance carefully, especially since you mention investing 70% in equity. Equity investments can offer higher returns over the long term but come with greater volatility. Ensure that your risk appetite aligns with your investment strategy.
Review and Adjust: Regularly review your investment portfolio to ensure it remains aligned with your financial goals, risk tolerance, and market conditions. Consider rebalancing your portfolio periodically to maintain the desired asset allocation.
Financial Planning: Consider consulting with a certified financial planner to create a comprehensive financial plan tailored to your goals, risk tolerance, and investment horizon. A professional can provide personalized advice and help optimize your investment strategy.
Emergency Fund: Ensure you have an adequate emergency fund set aside to cover unexpected expenses or financial setbacks. This can provide peace of mind and prevent the need to dip into your investment portfolio during times of need.
Tax Planning: Keep tax implications in mind, especially as your investment amount increases. Explore tax-efficient investment options and strategies to optimize your returns and minimize tax liabilities.
Stay Informed: Stay updated on market trends, economic developments, and changes in investment regulations. Continuous learning and staying informed can help you make informed investment decisions.
Ultimately, investing 2 lakh per month in mutual funds can be a wise decision if it aligns with your financial goals, risk tolerance, and investment strategy. Just ensure you have a well-thought-out plan in place and continue to monitor and adjust your investments as needed.

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Ramalingam

Ramalingam Kalirajan  |1374 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 04, 2024

Asked by Anonymous - May 04, 2024Hindi
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Money
Dear Sir, I am a 31 year old married man.I am in a huge debt trap of multiple loans plus credit card mounting around 9 lakhs. I work in MNC company earning 70k per month. Please advise or suggest if I can come out of this.
Ans: I understand your concern about being in a debt trap, but there are steps you can take to address the situation and work towards financial stability:

Assess Your Debt: Start by listing out all your debts, including the outstanding amounts, interest rates, and minimum monthly payments. This will give you a clear picture of your financial situation.
Create a Budget: Develop a detailed budget that outlines your monthly income and expenses. Identify areas where you can cut back on spending to free up more money to put towards debt repayment.
Prioritize Debt Repayment: Focus on paying off high-interest debt first, such as credit card debt. Consider using the debt avalanche or debt snowball method to systematically tackle your debts.
Negotiate with Creditors: Reach out to your creditors to discuss repayment options. They may be willing to negotiate lower interest rates, waive fees, or offer a repayment plan that fits your budget.
Explore Debt Consolidation: Consolidating your debts into a single loan with a lower interest rate can make it easier to manage and potentially reduce your overall interest costs. However, be cautious and carefully evaluate the terms and fees associated with any consolidation offer.
Increase Your Income: Look for opportunities to increase your income, such as taking on a part-time job, freelancing, or seeking a higher-paying position within your company.
Seek Professional Help: If you're feeling overwhelmed or unsure about how to proceed, consider seeking assistance from a financial counselor or debt relief agency. They can provide guidance and support tailored to your specific situation.
Avoid Taking on New Debt: While you're working to pay off your existing debt, avoid taking on any new debt if possible. Stick to your budget and focus on living within your means.
It may take time and discipline, but with a solid plan and commitment to debt repayment, you can overcome your debt challenges and regain control of your finances. Remember to be patient with yourself and celebrate small victories along the way.

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Ramalingam

Ramalingam Kalirajan  |1374 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 04, 2024

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Money
Hi, I am 27 years old and and employees earning around 28k. I would like to create a corpse of approx 1 cr. Also I want to 30 lakhs save my parents for retirement. What should I do please advice?
Ans: To achieve your financial goals of building a corpus of 1 crore for yourself and saving 30 lakhs for your parents' retirement, here's a suggested plan:

Start Early and Save Consistently: Given your age, starting early and saving consistently will work in your favor. Allocate a portion of your income towards savings and investments each month.
Emergency Fund: Begin by building an emergency fund equivalent to at least 3-6 months' worth of living expenses. This fund will provide financial security in case of unexpected expenses or loss of income.
Investment in Mutual Funds: Consider investing in mutual funds through SIPs (Systematic Investment Plans). Choose a mix of equity and debt mutual funds based on your risk tolerance, investment horizon, and financial goals.
Equity Mutual Funds for Long-Term Growth: Allocate a significant portion of your investment towards equity mutual funds, which have the potential to deliver higher returns over the long term. Since you have a long investment horizon, you can afford to take higher risks for potentially higher rewards.
Debt Mutual Funds for Stability: Allocate a portion of your investment towards debt mutual funds for stability and capital preservation. Debt funds can provide steady returns while minimizing the overall portfolio risk.
Retirement Planning for Parents: For your parents' retirement savings, consider investing in a mix of fixed income instruments such as Senior Citizen Savings Scheme (SCSS), Pradhan Mantri Vaya Vandana Yojana (PMVVY), and debt mutual funds. These options provide regular income with capital protection.
Regular Review and Adjustments: Regularly review your investment portfolio and make adjustments as needed based on changes in your financial situation, market conditions, and investment goals.
Consult with a Financial Advisor: It's advisable to consult with a certified financial planner or investment advisor who can assess your financial goals, risk tolerance, and investment options, and provide personalized recommendations tailored to your specific needs and circumstances.
By following these steps and investing wisely, you can work towards achieving your financial goals and securing a comfortable future for yourself and your parents.

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Archana

Archana Deshpande  |27 Answers  |Ask -

Image Coach, Soft Skills Trainer - Answered on May 04, 2024

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Hello Archana, hope you’re doing well. My name is Sundeep Prakash with 10 years of experience into Software development in Bangalore, I would like to understand how could improve my visibility with my Org level. Any to-do list to follow. Kindly advise. Thanks
Ans: Hello Sundeep!
Yes I am doing well and hope the same for you!!

I would love to help you on this.
Here's the to do list for you to increase your visibility in your organisation-
1. always dress up for the next level. Always wear ironed clothes. A collared shirt, formal trousers, polished shoes. Your socks need to match your trousers. A neat formal belt. Belt and shoes to match . Look the part
2. hone your communication skills. Communicate in a concise and precise manner, with the right tonality. Be an assertive communicator
3. develop leadership qualities
4. build on the three C's - Confidence, Capability and Credibility
5. be an enthusiastic team player
6. develop public speaking skills, just look at all the leaders, they all speak so well, it is a learnable skill
7. grab the opportunities that come your way and prove that you are ready for the next level
8. don't participate in office gossip
9. help your juniors, every leader does this. The benefits of this are immense, you become better when you teach, you develop leadership skills, you create positivity in the office, you develop communication skills and you become popular
10. work hard, work smart

I don't want to overwhelm you with more, just do these 10 pointers and see the difference it'll make to your image in the office.

And above all believe in yourself, you have 10 yrs of experience and believe that you are ready to scale upwards now!

At the end of the day...be happy and spread happiness too!!

All the very best and more power to you!!

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