Need Expert Advice?Our Gurus Can Help

Should I Let My Engineer Husband Quit His Job Again to Trade Stocks?

Kanchan Rai |444 Answers |Ask -Follow

Relationships Expert, Mind Coach - Answered on Jul 17, 2024

Kanchan Rai has 10 years of experience in therapy, nurturing soft skills and leadership coaching. She is the founder of the Let Us Talk Foundation, which offers mindfulness workshops to help people stay emotionally and mentally healthy.
Rai has a degree in leadership development and customer centricity from Harvard Business School, Boston. She is an internationally certified coach from the International Coaching Federation, a global organisation in professional coaching.... more

Asked by Anonymous - Jul 16, 2024Hindi

My husband is an engineer. He was working in a reputed company for many years. He left the job due to over work load and wanted to explore other work options or entrepreneurship. So he took a gap of 3 years. In his gap he was not able to do any business bcoz all the business ideas either had too much of hassle or required lot of investment, so, he learned trading in NSE he earned average income with it, enough to run the house. After 3 years of gap he managed to land a job again in a reputed company but he again says that work load is high and wishes to leave and get back to trading. I am teacher with an average salary. We have a 10 year old daughter. Kindly guide what can I do in this situation? How can I make him understand that he needs to work and trading is not a reliable source of income.

Ans: I understand that this situation is stressful and complex. The key here is open, compassionate communication and realistic financial planning.

Firstly, have an honest and empathetic conversation with your husband. Express your concerns about financial stability and the importance of having a reliable source of income, especially with a 10-year-old daughter to consider. Make sure to listen to his feelings about the job workload and his desire to return to trading. It's essential that both of you feel heard and understood.

Next, consider working together on a detailed financial plan. Look at your current expenses, savings, and future financial goals. This can help both of you see the bigger picture and understand the importance of a stable income. You could even consult with a financial advisor to get an objective perspective and professional advice.

Encourage him to explore ways to manage his workload or find a job that offers better work-life balance while still providing financial security. Perhaps there's an opportunity for him to negotiate his current role or look for a position that aligns more with his skills and interests without the same level of stress.

It might also be helpful to set up a trial period for trading, where he can pursue it on the side while still maintaining his job. This way, he can assess the viability of trading as a full-time income source without putting your family's financial stability at risk.

Remember, it's about finding a balance between his professional fulfillment and your family's financial well-being. By working together and supporting each other, you can navigate this challenging situation and come to a decision that works for both of you.

RelationshipReply

You may like to see similar questions and answers below

Anu Krishna |1403 Answers |Ask -Follow

Relationships Expert, Mind Coach - Answered on Sep 28, 2022

Question by PS - Sep 28, 2022Hindi

Dear Anu, I am a housewife with two kids, younger one is 3 years old. I used to be working before the birth of my second child. I can't join back the job as we are nuclear family and husband is busy whole day with his work. I have to take care of the house and kids almost full day. Sometimes I’m frustrated and irritated. I gave talked about this to my husband but not much respite. He says 'I’m doing my job to earn. You do your job to look after house.' Don't know what to do.

Ans:

Dear PS,

Typical nuclear family with very little family support relies solely on the mother being the caregiver and this can result in a lot of frustrations. Understood!

But what exactly are you trying to do fighting the situation knowing that things might be the same for a few years down the line till the children grow a little older? Are you planning on being frustrated for all these years?

Also, someone needs to give your husband a talk on these gender specific remarks and pushing the job of the home to you.

Maybe he didn’t mean it the way it sounded, but well…

In the digital world, there is enough and more to do to use the skills that a person has. So why not explore, a work-from-home part time option?

Depending on what your expertise is and the time that you can give to the work from home option, why don’t you focus on searching for this?

This will require an amazing time management and organization skills on your part, so you are able to give it at least 3-4 hours a day.

This will not only keep you occupied and financially stronger, it will also give you a sense of direction and purpose which is what is currently lacking.

Also, if you have an option of a ‘nanny’ for even two hours during the day when the children can be kept busy, you can even have some time for yourself which will re-energize you.

Caring for two small children is no mean feat and make sure when you discuss the work-from-home option (If you choose this), with your husband, you emphasize how important it is for you along with managing the home.

The commitment ‘to do something for yourself’ will be the focus of your discussion and please do something before your frustrations start seeping out and get onto the kids which might eventually happen.

First, be happy yourself to nurture your home and family.

Step Up…All the best!

Relationship

Anu Krishna |1403 Answers |Ask -Follow

Relationships Expert, Mind Coach - Answered on May 14, 2024

Asked by Anonymous - May 08, 2024Hindi