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Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Apr 21, 2023

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
Gouri Question by Gouri on Apr 20, 2023Hindi
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Hi Anu I am 52 , I am in a relationship with a man of 54 years who loves me & I too love him . I am in this relationship for companionship & for emotion. My story : We have been in relationship for 6 years now . Everything was fine till the time I obeyed him emotionally and financially. Stood by him in most of the travels took care of everything . The moment I started taking care of my finance and invested the funds thru his friend he labelled me betrayal lady as his friends put some words against me and thus goes the relationship. In another episode with nothing to think wrong he has cooked a story in his mind and abuses me and accuses me . It’s been 2 years that I am crucified for this each day . So these are the misunderstandings against me and when I clear it to him he DOES not believe me . he thinks I am lying and every time he ask the answer is the same He believes his people more than me . I was always with him emotionally and helped him financially to the extend for lakhs and lakhs . The moment he assassinated my character I told him to give back all the money , but is been 2 years and more that even a penny is not returned but I still get abused and accused each day. due to the misunderstanding the relationship has turned toxic ( I feel) . He keeps blaming me and yes he does not TRUST me . But at the same time he shows love and after few days he goes into his cell of abusing my character . Where nothing wrong has happened …. He just overthinks and spoils the beautiful relationship. Kindly advice Warm regards Gouri Dey

Ans: Dear Gouri,
So, are you waiting for him to doubt you more, control you more?
What makes you still put yourself through all of this? It's characteristic behavior of a control freak to get his/her way by demanding, complaining and the loving to gain control of their partner. You are in a toxic relationship lady and if you haven't already noticed, your physical and mental health would have deteriorated over the past 2 years!
Trust, understanding and respect are what any relationship stands on. What does this relationship have?
You are pulling on possibly because:
1. You feel some sort of an obligation towards him
2. You feel guilt of not taking care of him when he nags and complains
3. You feel responsible for helping him emotionally and financially

What would you tell a friend if she was in one such relationship?
Learn to love and respect yourself first. He's has gotten used to using you for his own safety net. Stop allowing this NOW by drawing a boundary. That should bring out his true colors much quicker than a chameleon changing colors.
Your red flag was waving out loud to you when he behaved immaturely at your decision of investing your money. Abuse need not just be physical; emotional one is huge violation as well! Take charge of your life NOW...Do the right thing for yourself...

All the best!

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Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Apr 06, 2022

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Hi Anu, I would like to be anonymous.I got cheated by my boyfriend in my 20s and was in depression. My parents thought that it would be nice if I get married to someone who is elder to me and we'll settled.They got me a match who is 13 years elder than me. Joint family, one sister separated with her kid in the same house, one unmarried.I said yes but had the intuition that something is wrong. No one trusted me and I got married to the man. From Day 1, we were fighting. I tried to take help from my parents to get separated after a year but they didn't help me due to societal pressure. After my son born, he paid no attention towards my son and me for 7 months. But this time he told that he was busy at work. I returned to my in-laws.He tried to control everything –my friends, he restricted my social media accounts and also kept a screenshot of my conversation with my ex-boyfriend, threatening me to reveal it to my mom and dad. He also had the habit of not talking for 2-3 months in the same house. He did it for almost 10 years and pressurised me to have a second child. During my pregnancy, he yelled at me calling me mad and fought with me. He called my father and told him I am mad and sent me to my mom and dad again for delivery.Keeping my elder son for reference he tells to come back again. He doesn't provide any financial support and is threatening again with screenshots.He often checks my mobile without my permission affecting my BP. I don't know why? I lost my sleep at night for several months by now. I am not able to concentrate on anything. Negative thoughts occupy my mind. I have a kid of 1.5 years with me.Please help. I am mentally devastated. Thank you.
Ans:

Dear K,

What advice will you give a close friend if she came to you with the same problem that you have stated? Will you ask her to reconcile or keep her sanity intact?

Controlling the spouse is a classic way of coping for insecurity related issues within a relationship.

Being years older to you and having a young wife possibly might have given him goosebumps of you being attractive to people your age.

Whatever the reason, being passive aggressive and registering his insecurity through not talking for months, stalking you, monitoring your social media accounts, threatening to blackmail you with screenshots from your previous affairs; does it all sound like he is a person who you want to spend your life with?

If you still feel there is small chance and you want to, seek the help of a professional who can work with him and then the two of you to create an element of trust that is absolutely missing.

Any relationship that lacks trust, just crumbles as the foundation is weak and every little act that questions the other person’s integrity drives a further wedge.

You have a child that is dependent on you; be strong and whichever way that you choose, drive it…Inaction is what is causing you health issues, so do something NOW.

All the best and Be Strong.

..Read more

Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Apr 06, 2022

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Hello mam. I am in a relationship with a boy and we both love each other and also want to get married but he doesn’t trust me at all.I tell him everything, yet he thinks I am a liar and alleges that am cheating on him. He doubts me in every single thing even he don't allow me to talk to any guy or girl not even my friends and he doesn't like when I step out from my home.  He gets scared when I step out or get to my college. He keeps reminding me to not to cheat or not to talk with anybody. All these things got me into stress and frustration and I feel so bad that the person I love doesn't trust me.We had lot of fights because of this. He abuses me and makes me angry. As I am a college going student, I can't manage my studies because of fights and his bad behaviour.He always tries to prove me wrong and make me feel guilty. He thinks very bad about me and makes his own stories adding fake stories and allegations.  In the past 2 years there is not a single day when I didn't have to explain him. But he is not ready to accept. He only wants to hear what he thinks not the real truth if I say that u are misunderstanding me he says no he is 100% right and you are wrong. One of his friends put one story 2 years ago with a girl hiding her face and the top she is wearing on that picture. I have the same top and he knows it. He doubted that the girl is me. I am tired answering his doubts. I got so much anger and feel disrespectful.I love him; he is my first and one and only boyfriend.  I do everything for him. But he treats me rudely he always starts his conversation with doubt like: where are you coming from? even if I didn't go anywhere he thinks that I went somewhere to meet someone. He tortures and abuses me like this. Every time I forgive him but he kept repeating that behaviour.  I can't even live without him. I give him my love, time...my everything.  But I didn't get anything. He thinks that I always do things by planning but I don't. He thinks that I always want to ruin his life, break his heart or cheat him but that's all wrong. He is making his mind so negative he thinks so negative about me. Because of his doubts problem I don't talk to anybody -- no friends, no guys but he thinks that I am talking to any guy and I'm lying that I don't I give every possible proof but he didn't trust me at all.He thinks that I tell people about him I gossip about him but I didn't do that I didn't even talk to anybody. He doesn't even want to breakup with me. I explained him that for our peace we have to separate he didn't want that also. He put such bad allegations on me about my character, my sexual status. I am a virgin but I didn't accept that. He makes me feel so sad and helpless I don't know what to do I’m helpless I didn't even share these things with anyone. Sometimes I feel suicidal also.  He has just all control over my life my mind but also he didn't give me respect, love or value. Plzzz help me mam what should I do with his doubts and trust issue. I am so depressed, plzzzz help me out. I’m stuck in it.
Ans:

Dear BM,

Have you heard of emotional abuse? That is exactly what you have been facing.

And why are you putting up with this? Because you maybe feel a sense of validation in this relationship.

What sort of a relationship demands constant proving and to the extent of having to prove that you are a virgin.

How is it any of anyone’s business whether you are a virgin or not? This relationship is toxic and has begun to alter your personality and who you are meant to be.

Take charge and NOW. Be YOU and what you always stood up for, because all this putting up with his idiosyncrasies, is causing you pain and moreover your inner self does not want to allow it.

Yet you are stuck to it giving yourself the story that he is the only boyfriend. BREATHE, take a step back and OBSERVE.

It’s time for you to draw out a beautiful life ahead of you and colour it as brightly as you intend.

What exactly are you waiting for? More abuses, more toxicity to hit and dampen your sprightly spirit?

Get a hold of yourself dear girl, be brave and do the right thing. Help yourself…Seek close friends who will hold space for you!

You can do this. Best wishes!

..Read more

Love Guru

Love Guru   |187 Answers  |Ask -

Relationships Expert - Answered on May 13, 2022

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Dear Love Guru, First of all, I want to stay pretty anonymous. Secondly, it feels weird to discuss it with an unknown individual and never did I in my wildest dream thought that I would be seeking an advice. However, here I am...  The story starts when I met this individual in the UAE who is originally from UP, Saharanpur. This guy initially tried to get closer to me as much as he could and once he succeeded by becoming my close one, we just hit off pretty well. It went to point of engagement Roka. I wasn't there in India for Roka. It happened with him, his family and my parents. Everything was dreamy and nice until he started changing his behaviour towards my parents and then me, he was abusing me with money. He put me into credit card debts. I was feeling horrible. I started to revoke his access to my card, my everything, and I decided to call it a quit. In return when he understood that I am going to dump him he played his cards. As he couldn't find any cheating in my case when I was with him he decided to dig my past and started torturing me. He created a story to humiliate me at the work place and in front of people. He turned the tables by stating that I'm not dumping him rather he is. It was so heartbreaking for me. I left my job I left my life in the UAE all coz of this guy. And now after 2 months he is keeping an eye on me through to social media. Also he is trying to contact me by asking how I am. I don't understand what he wants and I am unable to recover.  Seeking your help.  Thanks. 
Ans:

Cut. Him. Off. Completely.

Block him on social media and on your cellphone. And your parents’ cellphones and their social media as well.

The guy is a con and you know it.

You should not have let his stupid rumours cost you your job and your life abroad. The truth of a situation always lets itself be known sooner or later and sometimes you have to brave it out.

I’m sorry to hear what you’ve been through, but you should freeze him out completely.

If you need to talk to someone about this at length, counselling may help.

..Read more

Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Oct 04, 2022

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Dear Anu, I'm studying BTech final year. My love and I were in a relationship since 5 years. Things were fine till our diploma. I got a seat in another college which was far from our place. At the same time, he moved to his hometown for house construction. There he met a girl. She is 34. He used to talk a lot to her and got attached to her. He tells everything to me. He even said that people were spreading wrong rumours about them. I told him to stay away till things got better. Since then he has stopped telling me much. There was a recent fight in his hometown relating to both of them which annoyed him. He continues to say there is nothing wrong between both of us. He used to love me a lot. Whenever I felt insecure or if there was any mood swings he used to make me calm and relaxed. Now-a-days he always tells me ‘Wait. Don't call me.’ If I call him more, he just scolds me. There are no sweet talks or setting time aside for a call, and all. He even says ‘I promised that I'll be with her at any time in any problem and now because everyone is spreading rumours I can't break my promise to her.’ What about me? Didn't you promise to make me happy? I feel betrayed.I got angry and told him that my parents are seeing matches for me. His reply shook me. He said: 'Go, get married.’ I was like ‘you aren't the same.’ I don't understand what to do or how to set things right.My mental health is getting worse.
Ans:

Dear S,

Your letter is very confusing to me.

I hope your post is genuine and not just to have fun…despite that I will consider it real and try to suggest what I can though I find your facts very contradictory.

Keeping the age factor aside, what I can say is: if someone does not treat you well, what’s the point waiting for that person?

If he isn’t interested in you, why are you chasing him?

Please make your world better by being around people who respect and value you and watch how beautiful it all becomes rather than searching and begging for love. He clearly isn’t into you anymore. So, move on…

All the best!

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Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Dec 13, 2023

Asked by Anonymous - Nov 04, 2023Hindi
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Hi I'm marriwd for 13 yrs...now a stage of seperation has come in life...to start with got married in 2010.. Thouhh we are of same caste n language but I was totally born and brought up in north and he pure typical South Indian...it was arrange marriage with not much talks between n soon happened marriage after marriage there was no physical relationship after just very hardly 2+times not with any int that also ..innone half month caught his one affair n then multiple affairs after that also...but always have insulted me for not being good looking(trust me there are people who r just behind me for being good looking )i dont earn properly nor helpful in financial nor cook proper as I'm from north my pref is north but his south but still learnt n kept cooking...but never ever appreciated..after 2-half yrs of marriage planned for baby through IVF not natural gave some lies reason to hospital n did artificial pregnancy n told me I don't want have relation with u n have my stress...somehow I have now a daughter who is 10 yrs..after pregnancy I gained lotta weight from 55 I shooted to 80 n again his insult comparison started ..over period of years I lost my weight n became much more good looking than before now I have weight before marriage also...came down to 52 ... vacation takes once a year 2-3 days Max to Goa only Goa no othe eplace have seen...there also keeps on sleepin for most of time if asked to go out tells came for relaxin not roamin food also have to fight...I jus go for daughter sake and like the place...also I have caught him in his bag keeping and still using tabltes like viagara sedenefil tradamol etc but where he goes n has relation God knows is very egositic jus treat me like slave I should jus clean house cook not spend n earn also n not go out creates huge ruckus if go for bday party or function also nevertheless I go ...off lately I lost my way also had a emotional attachment with a man who understood me n tri d to help financialy n eveyway which husband caught hold off n startwe torturing me n blamin me I'm not proper I'm dirty women this that but I blamed him when husband is not doin role of husband what I should do ..also one more fact when they married thier family lies about his first divorce hid and married which I got to know after my kid...still never accepts his fault n when I pin pointed his defects and his affairs n everything he tells he can do anythin doesn't mean I can do anything I want...now parents side they r supporting me for divorce but thier behaviour is also very dominant n order kind if I losten like goat they wil do else they r some super special PPL change like wind ...bit for sometime untill settle I have to be there...coming to maintenance fee and all husband keeps blackmailing I have proof of ur affair I can show to court but I'm not doin do mutual n agree for amount he tells not what I ask..he has never told his real salary till now to me n tells will give 15k per month n my demand is 25k coz daughter is also with me n I don't wnat to depened on money of parent I wil woke too but I'm not so high qualified ...pls tell me I should divorce n lead life seperate I tried to calm down situation but no responses from him last six month back I had left n gone my relative talked n tried teo reconcile took me back but after comin last 5months has not spoken a single word nor gave one rupee also to me...
Ans: Dear Anonymous,
Your husband does not seem like a person who is stable or can offer stability. And this is evident in his behavior of the past many years. So, if you are someone who seeks security and stability within a marriage, I am sure you know what is the right decision to make regarding the marriage.
If you decide that stepping out of this marriage is the right thing, kindly hire the services of a lawyer who can draw up the terms of separation that will secure your daughter's future as well. In the meantime, start searching as to what work you can do...start with something small and many doors will start to open up. Work from home (with the skill sets that you have) can be a good option. Financial independence will go a long way in helping you stand on your feet and also bring in a lot of confidence that you actually need.
Whether you choose to continue in the marriage or not, you identity is something that you must focus on. It helps you to be firm and strong. So, focus on yourself and create a stronger self.

All the best!

..Read more

Latest Questions
Ravi

Ravi Mittal  |182 Answers  |Ask -

Dating, Relationships Expert - Answered on May 03, 2024

Asked by Anonymous - May 02, 2024Hindi
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Hello sir , i am 21 year old graduated ,How to make gf ?? As in college everytime i talk to girl she make me friend as i get into friendzoned...
Ans: Dear Anonymous,

If you are finding it difficult to meet girls IRL, why don't you try out dating apps? It can be perfect for you. First of all, the chances of getting friend-zoned on a dating app are comparatively lower because it is a dating app and most users are using it to find a date. Yes, some people look for friends too but they will either mention it on their Bio or match with people who mentioned the same on their Bio.

I suggest you research a bit and find a dating app that fits your requirements. For instance, some apps cater to people looking for serious commitment and some others are solely for casual relationships. You pick a dating app based on your preference. Next step- build an interesting profile. Put a display image that helps you put your best foot forward. Something recent, clear, and impressive. Do not overedit; it's not appealing. Write a clear and concise bio that gives a glimpse of who you are, what you want in a relationship, and what you can offer. This way, you will attract the right type of matches. Make it clear that you want a romantic relationship to avoid getting friend-zoned. Finally, once you match, spend some time chatting and getting to know each other. A match is not a commitment. If it doesn't go well, you can always tell them that it's not working out and unmatch.

It's the best way to meet a potential partner without leaving room for misunderstanding and ending up being friend-zoned.

Best Wishes.

...Read more

Ramalingam

Ramalingam Kalirajan  |1323 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 03, 2024

Asked by Anonymous - May 03, 2024Hindi
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Money
I am 41 year old. I have 1 cr in mutual fund. It’s been 7 years I started doing sip with 50000. Which I have increased With time now I have sip of 80000 per month. I need to know how much will have when I reach age 50. In my account
Ans: As you stand at the midpoint of your journey, it's natural to pause and ponder the fruits of your labor. Seven years ago, you embarked on a path of financial discipline, nurturing your wealth through systematic investments in mutual funds. With each passing month, you've diligently contributed to your SIP, nurturing your financial garden with care and foresight.

Magnitude of Investment:
Your commitment to growth shines through as you reflect on your journey. Starting with a SIP of Rs 50,000 per month and gradually increasing it to Rs 80,000 per month showcases your dedication to nurturing your financial future. Each increment, no matter how small, represents a step towards building a solid foundation for your later years.

The Power of Compound Interest:
As the years pass, the magic of compound interest works silently in the background, multiplying your investments manifold. With each SIP, you're not just investing money; you're investing in your dreams, your aspirations, and your future. The power of compounding rewards patience and consistency, amplifying the impact of your contributions over time.

Envisioning the Future:
As you cast your gaze towards the horizon, you can't help but wonder: what lies ahead? At age 50, where will your financial journey have led you? Will you find yourself basking in the glow of a well-nurtured nest egg, ready to embark on new adventures and pursue passions long deferred?

The Path Forward:
As a Certified Financial Planner, I invite you to envision your future with clarity and purpose. While I cannot predict the exact value of your investments at age 50 without specific calculations, I can offer guidance on how to nurture and safeguard your wealth as you continue along your journey.

Embracing Uncertainty:
Life is a tapestry woven with threads of uncertainty and possibility. While we cannot control every twist and turn along the way, we can arm ourselves with the tools and knowledge needed to navigate the unknown with confidence. As you journey towards age 50, remember that the true measure of wealth lies not just in monetary value but in the richness of experiences and the depth of relationships.

Conclusion:
As you stand at the crossroads of past and future, take a moment to appreciate how far you've come. Your journey is a testament to your resilience, your determination, and your unwavering commitment to financial well-being. As you continue along your path, may you find solace in the journey itself, knowing that every step forward brings you closer to the life you envision for yourself and your loved ones.

...Read more

Ramalingam

Ramalingam Kalirajan  |1323 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 03, 2024

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Money
Hi I am 37 years old and my Husband is 40 years old. Our annual salary in hand at our home is up to 20,64,000. My Yearly Saving is Rs 6 lakhs (mutual fund, LIC policy, Endowment plan, century plan, Post office schemes). My Expense like medical insurance, term insurance, car insurance is RS 50,000. My living expense per year is Rs 6,00,000. My loan is for Rs17,24,112 (including interests) for which I am paying every year up to Rs 4,31,000 till Feb'28. Also next year we have to purchase car because our car is getting expire. So up- to 14-15 lakh car we will purchase on loan. My child is currently in 6th grade and we both are working. So for happy life after retirement and save future, how much I need to save and in which plans. Please suggest. Till now beyond my savings written above I don't have bank balance which I can use as a emergency funds.
Ans: Navigating the complex landscape of finances, especially with looming expenses and future uncertainties, can feel like trying to solve a puzzle without all the pieces. It's a challenge many of us face, and it's understandable to seek guidance on charting a path towards financial security and peace of mind.

1. Current Financial Snapshot:
You and your husband are in your late 30s and early 40s, respectively, with a combined annual income of Rs 20,64,000. Here's a breakdown of your financial standing:

Income and Savings:
Annual savings of Rs 6 lakhs allocated towards various financial instruments such as mutual funds, insurance policies, and savings schemes.

Annual expenses totaling Rs 50,000 for essential insurances (medical, term, car) and Rs 6,00,000 for day-to-day living expenses.
Loan Obligations:

Existing loan of Rs 17,24,112, including interests, being paid annually up to Rs 4,31,000 until Feb'28.
Planning to purchase a new car next year, expected cost up to Rs 14-15 lakhs, which will likely require additional financing.

2. Planning for Retirement and Future Security:
With retirement on the horizon and the desire to secure your future, it's essential to map out a robust savings strategy:

Retirement Goals:
Discuss and define your retirement aspirations with your husband, envisioning your desired lifestyle and financial needs during retirement.

Savings Strategy:
Determine an ideal savings rate that balances current expenses with long-term goals, including retirement, your child's education, and potential healthcare costs.

Investment Mix:
Explore a diversified portfolio comprising mutual funds, insurance policies, and government-backed savings schemes, tailored to your risk tolerance and time horizon.

3. Addressing the Car Purchase:
The decision to replace your expiring car involves careful consideration, especially given your existing financial commitments:

Financial Implications:
Evaluate all options for financing the new car, considering potential down payments and minimizing loan burden to maintain financial flexibility.

Alternative Solutions:
Explore alternative transportation options or delaying the purchase until you've built more financial reserves to lessen the impact on your budget.

4. Building an Emergency Fund:
Establishing an emergency fund is crucial for weathering unexpected financial challenges:

Setting Savings Goals:
Determine specific savings goals for your emergency fund, considering factors like living expenses, loan obligations, and potential emergencies.

Automating Contributions:
Consider automating contributions to your emergency fund to make saving more manageable and ensure consistent progress towards your goal.

Conclusion:
While navigating the complexities of financial planning can be daunting, remember that you're not alone on this journey. By carefully managing your income, expenses, and savings, and seeking guidance from a Certified Financial Planner, you're taking proactive steps towards securing your future and achieving your long-term goals. Keep focusing on your priorities, stay adaptable to change, and trust in the process as you work towards financial freedom and peace of mind.

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Ramalingam

Ramalingam Kalirajan  |1323 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 03, 2024

Asked by Anonymous - May 03, 2024Hindi
Money
Iam 40yrs old with 1.6lakhs take home with house wife and 3 yr old baby girl. Below is my current financial condition: 1. Taken Home loan for 35 lakhs for apartment worth of 55lakhs in 2022 with emi requirement of 41k for 11yrs (iam paying monthly 45k and one extra 45k emi yearly) 2. Took Gold loan of 11lakhs in 2022(paying from mar2024 onwards monthly 35k) for apartment purpose 3. Holding 2440 sqft land costs 25lakhs in 2021 now it is 35lakhs planned for baby girl marriage 4. 5lakhs emergency fund in FD 5. 6 lakhs FD for SBI life smart wealthbuilder plan purpose for next 6yrly premium payment, 6. Equity 5lakhs invested now mkt value 8lakhs, 7. Mf 8lakhs now 11lakhs (monthly 20k for 10 different funds with 1k stepup yearly) 8. EPF 20lakhs not withdrawn from beginning for retirement plan 9. Ssy 1.2lakhs for baby girl education (monthly 6k) 10. Ppf 50k for baby girl education (monthly 3k) 11. Nps 4.9lakhs now 6lakhs (monthly 12k from company deduction and 50k annually from my side) 12. Holding agriculture land 1acre 7lakhs near hometown purchased in 2018 now it is same price no increase... Holding bcoz I like to have agriculture land... 13. Holding Gold coins 50gms purchasing when there is Amazon offers.. for baby girl ornaments purpose 14. Term insurance 1crore for me and 50lakhs for my wife purchased in 2022 15. Health insurance 20lakhs with premium 60k for 3yrs purchase in 2022... Monthly 1.6lakhs take home spending as below: 1. 45k home loan emi (annually 45k as one extra emi) 2. 30k mf sip ( 3k each for 10 funds - quant infra, quant smallcap, quant elss, 360 one focused, canara robeco smallcap, canara robeco emerging, mirae largecap, pgim flexicap, parag elss, ICICI prudential technology fund) 3. 35k gold loan prepayment 4. 35k home maintenance expenses 5. 10k ssy and ppf 6. 5k apartment maintenance 7. 45k LIc premium annual requirement 8. 40k term loan premium annual requirement taken 1crore for me and 50lakhs for my wife total to 40k premium 9. 30k annually for bike insurance, services and other maintenance 10. 1.3lakhs for baby girl school fees from this year 50% already paid 50% to be paid in oct 2024 11. 60k premium for health insurance once for 3 years purchased in 2022... I have few ask sir: 1. Want to buy 13 to 15Lakhs car.. when to buy with my financial condition and I have no down payment free cash now 2. Should I change my financial saving/investment please suggest as I am not having any free cashflow post the monthly commitment 3. Want to generate 2nd source of income suggest plz which is good to have it 4. Want to become financial freedom by next 10years so what I need to do for it and plan better. 5. Any changes in the current plan suggestion
Ans: It sounds like you're juggling a lot, but you've got a solid foundation laid out. It's admirable how you're balancing your responsibilities towards your family's present needs and future goals. Let's address your concerns and aspirations one by one.

1. Car Purchase Consideration:
You're eyeing a new car, a shiny symbol of comfort and convenience. However, before diving in, let's assess if it aligns with your current financial trajectory:

Timing and Need:
Do you have an immediate need for the car, or is it more of a desire?
Can you postpone the purchase until you've accumulated a down payment or have more breathing room in your budget?
2. Reviewing Savings and Investments:
Your portfolio is diverse, spanning various assets from real estate to mutual funds. Let's evaluate if each piece is still working optimally for you:

Portfolio Alignment:
Are all your investments aligned with your long-term goals and risk tolerance?
Can you streamline or consolidate any holdings to reduce costs or enhance performance?
3. Exploring Additional Income Streams:
You're eager to bolster your financial stability by exploring secondary income sources. Let's brainstorm some viable options:

Leveraging Skills and Passions:
What skills or hobbies do you possess that could be monetized?
Are there freelancing opportunities or consulting gigs in your field of expertise?
4. Planning for Financial Freedom:
Your aspiration to achieve financial independence within a decade is ambitious yet attainable. Let's outline a roadmap to realize this vision:

Defining Financial Freedom:
What does financial freedom mean to you personally?
Is it early retirement, pursuing passion projects, or having more flexibility in your lifestyle?
Strategic Steps:
How can you increase your savings rate to accelerate progress towards your goals?
Are there opportunities to optimize investments or explore alternative income streams?
5. Optimizing Current Financial Plan:
Let's explore potential adjustments to your existing financial strategy to enhance its effectiveness:

Reallocating Resources:
Can you reallocate funds towards higher-performing investments or areas with greater potential?
Are there opportunities to automate savings or investment contributions for greater consistency?
Conclusion:
Your commitment to securing your family's financial future is commendable. By carefully considering each aspect of your financial situation, from major purchases to investment strategies, you're laying a strong foundation for long-term success. Remember, financial planning is a journey, and with patience, diligence, and the guidance of a Certified Financial Planner, you're well-positioned to achieve the freedom and security you desire.

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Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on May 03, 2024

Asked by Anonymous - Apr 27, 2024Hindi
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Relationship
Hi ma’am My family is not accepting my boyfriend as he is not well settled and doesn’t have any savings. His parent are also divorced and father has a second marriage. The first children custody is still with parents however my boyfriend and his brother live with his mother. He is 5 year younger than me. My family is not accepting my relationship and showing me new proposals every day. To borrow some time i am just refusing the proposal my giving some excuses but now they know that i am still not out from him and waiting for him to get settled. Kindly let me know how can i convince my family to accept my relationship. My boyfriend is working day and night to get settled and have a good account balance. Please advise.
Ans: Dear Anonymous,
If your daughter came to you with the same situation, how would you advise her?
Would you not tell her your concern that she is actually choosing someone who may not be able to support her when she goes on maternity leave? Would you not tell her that coming from a broken family, she may have to take care of her boyfriend and possibly parent him on different occasions? Your parents are only concerned for you and are unable to tell you what they are worried about. Put yourself in their situation and tell me that you will not be worried.

At the same time, I do get your frustration. What you can do is to work on your parents' concerns and buy time till your boyfriend manages to settle down. And it seems like he is doing all that he can to be in their good books. And that's the only way you can get them to accept him. Wait patiently and don't put him under pressure. Instead be supportive and at the same time, you continue to work and be independent as well.

Never try to convince someone who does not want to be convinced but instead work on how they can accept him by addressing their concerns.

All the best!

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