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Anu

Anu Krishna  |802 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Mar 03, 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
Subhash Question by Subhash on Mar 01, 2023Hindi
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Relationship

Mam, I am retired father in law and financial well off. My son got married five years back. It is arranged marriage through matrimony. My son and daughter in law are both post degree qualified and well placed and staying with us. We tried asking for some money from both of them for monthly family expenses after two years of marriage which daughter in law refused and said you want dowry in this form, she record conversations, threat us of stree mukti, of police complaint , object our daughter visiting our place, blames us etc. Very often, she fight with her husband as well. We are only in reactive mode every time and accommodate her. Nowadays, she has started demanding the money spent by her mother in marriage and frequently leave our house and stay with her mother. We are afraid that she does not fake complain and harrasss us. Does not have any respect to relation, relatives, isolated /self centric, high ego and make other irritate type of personality, thinks of herself, does not believe that there is world outside. Please advise.

Ans: Dear Subhash,
Since I only have your version of the story, I can only assume that you are going through a rough patch. But I do believe it takes two sides in any story. Why is it that your daughter-in-law wants to all of a sudden behave this way? Were things fine in the initial years of marriage?
Why the sudden demand of money from you when you say that she is well-placed? Surely something seems amiss here.
Anyway, it is worrisome when your own people behave in this way. You are also justified in feeling that she may make a false complaint. Where is your son's mind in this matter? I think he should also be worried about the way things are changing. Is he unable to or has he tried to talk to his wife? At this point, let no one else interfere and let him be the sole person to deal with her.
He knows the challenges at home and will know what to do. So kindly request your son to step in (if he hasn't already done that) and sort this out in the most amicable manner. This first step will then determine the future course of action.
Having said this, I do want the family to recall if there has been any instance that has triggered your daughter-in-law to act this way. That will give you an idea to proceed in the right direction.

Best wishes!

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Anu

Anu Krishna  |802 Answers  |Ask -

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

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Hi Anu, I'm a 50 year old male married for 10 years. This is our second marriage for both of us. We live abroad. Since Day One my spouse was suspicious of me linking me with anyone on the street. She says I'm sighting girls. She suspected that I am interested in my elder sister-in-law since marriage. She never told me this for three years. Due to this we never had any relationship (and no child). Because of this constant fighting I lost my mother (I apologised to mother since I was not able to take care of her and I was unhappy. She died within a month of my apology.) I never told anyone either of our relatives about our problems. My father is 90 and alive. I don't want to cause any problem to him. During these 10 years her father never bothered to check if any problems. I hardly slept 1-2 days a week during these years.My spouse never changed a bit during these 10 years. Her position reached a stage where I had to admit her to hospital for psychosis. She got discharged in 2 months because her parents were adamant on discharge on the condition that she will travel to India. But once discharged, she refused to travel for nearly 10 months. Her father supported her. When her mother passed away in December 2020, due to Covid her return tickets got cancelled. In December 2021 she was again in hospital for 20 days in India for similar psychological issues. In April 2022 I visited her house in India and gave her father a 4-page document detailing her behaviour during these 10 years. He simply said she has done unknowingly. He is adamant on trying to send her back to me. While I am struggling to live, her father lives a happy life with his pension. As a father he never corrects his daughter and instead tries to push the problems to me.I have asked for a divorce but she is not willing to give and starts shouting hysterically. Please let me know how to proceed.
Ans:

Dear S,

If you have decided that divorce is the only option to consider, then yes, file for divorce legally by hiring a lawyer who has specialized in cases where the spouse is unwilling to let the divorce happen.

In short, if it’s not a mutual consent, it might drag on for years, so get a good skilled lawyer to take up your case.

On the emotional side of things, I urge you to be patient and empathetic towards your wife. With her mental health condition, she possibly has no control over her thoughts and subsequent actions are a result of an impulsive reaction.

Yes, it is unfortunate that the marriage went through a lot of low phases but do remember she is a human who is going through a challenge which is not easy to fathom by people who don’t have a mental illness.

I realise that this might be a little difficult to do, but in the long-term scheme of things, it will be a good ally as a sound and calm mind helps you through challenging times.

This point of view will help you through the divorce proceedings where you will be able to be fair and just to make sure that she is also taken care of.

All the best for a better journey ahead!

(more)
Anu

Anu Krishna  |802 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Sep 11, 2023

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I am 64, retired living in own house together with wife, son and daughter -in law for last five years. Both, son and daughter are professionally qualified, well placed and earn good. The daughter - in law out of last five years stayed away for half the time for one reason or the other at her mother place. She is very egoistic and arrogant and fight with everyone in family for no great reason including, son and my married daughter whenever she comes to our place to meet us. She has an objection her coming to our place. She has ones threatened us of complaining to police and women organization, Stree Mukti Sanghatana. She makes mountain out of anthill every time so we have stopped talking to her. The couple is staying with us, we bear all family expenses and don't expect even a penny from both son and Daughter in - law as ,when ones money of Rs. 15 K was asked to, she refused and made an allegation that we want dowry in this form . Son help us with some monthly expenses every month. She is staying alone away from us for more than 6 months now. My son is also tired of her behavior. We even have approached her mother, she also keep hand on deaf ears as she also does not listen to her and one brother. Please advice, what do we do in the circumstances?
Ans: Dear Subhash,
Kindly convey to your son and daughter-in-law that they live in a separate house. (This is a suggestion but you know your family better; so act accordingly). This will not only give them the space but will also keep finances separate between you and your son. Sometimes a joint family system does not work for all families and this space of separation can help resolve differences or bring the emotions to a neutral place. Either case, at least you and your wife need not go through stress everyday.
Distance helps bring people together and too much of familiarity is only making it worse. Do try this and hope things settle soon.

All the best!
(more)
Anu

Anu Krishna  |802 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Sep 11, 2023

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Relationship
I am 64, retired living in own house together with wife, son and daughter -in law for last five years. Both, son and daughter are professionally qualified, well placed and earn good. The daughter - in law out of last five years stayed away for half the time for one reason or the other at her mother place. She is very egoistic and arrogant and fight with everyone in family for no great reason including, son and my married daughter whenever she comes to our place to meet us. She has an objection her coming to our place. She has ones threatened us of complaining to police and women organization, Stree Mukti Sanghatana. She makes mountain out of anthill every time so we have stopped talking to her. The couple is staying with us, we bear all family expenses and don't expect even a penny from both son and Daughter in - law as ,when ones money of Rs. 15 K was asked to, she refused and made an allegation that we want dowry in this form . Son help us with some monthly expenses every month. She is staying alone away from us for more than 6 months now. My son is also tired of her behavior. We even have approached her mother, she also keep hand on deaf ears as she also does not listen to her and one brother. Please advice, what do we do in the circumstances?
Ans: Dear Subhash,
Kindly convey to your son and daughter-in-law that they live in a separate house. (This is a suggestion but you know your family better; so act accordingly). This will not only give them the space but will also keep finances separate between you and your son. Sometimes a joint family system does not work for all families and this space of separation can help resolve differences or bring the emotions to a neutral place. Either case, at least you and your wife need not go through stress everyday.
Distance helps bring people together and too much of familiarity is only making it worse. Do try this and hope things settle soon.

All the best!
(more)
Anu

Anu Krishna  |802 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 16, 2023

Asked by Anonymous - Nov 09, 2023Hindi
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Hi Anu...i hv been reading ur expertise to solve the issues of people and am really impressed. We have been married for 19years now and have a son and daughter .From the start of the marriage my wife have been inclined towards her mother and her family paying less or no heed to us. Circumstances were also favorable to her and she always got the opportunity to stay close and visit her parents often which i did not mind.We lived in Mumbai and she is from Chennai.After marriage my mom-in-law used to continuosly interfere into our lives by calling her and she used to act as per her suggestions only which led to problems as she was a puppet in the hands of my Mom-in-law. Moreover since my mom-in-law was not in good health my wife tried not to over rule as she did not want her mom to feel sick as she doesnt like to be over ruled or by pass failing which she goes on hunger strike and stop taking tablets spoiling her own health. Due to this reason everybody has been appeasing her.Initially i thought to ignore but slowly it started to affect my family as well as my wife started to see things thru my mom-in-laws perspective and find faults in everything. We shifted to overseas to stay away from all these and we really had a good life for 10 years there but since i lost job during covid i had to shift base to India for my son's education but she chose to stay back there with my daughter as she is working there.I too felt that let her spend some time so that i could settle things in India and call her but it is more than 2 years now and she refuses to come back and dont even care for us and neither call us as family. I tried to involve my in-laws to convince her but they are also playing a diplomatic game and doesnt want to go against their daughter's wish.Due to this attitude of my mom-in-law their own daughter-in-laws have been staying away and since my in-laws stay alone my wife feels that she is the only support system for her parents but it has come on my life's sacrifice. She has been ignoring us and even i kept moving for the sake of my family and children instead of respecting my feelings she has become more adamant now.Her brother is also seperated from her wife and he also looks forward for a support system from my daughter and my wife and they seem close ignoring myself and my son.We have been trying to convince her thru all means but she is caring. Even i feel that it is futile to force someone into relationship but she unknowingly spoiling my family and deprieve my son the mother;s love and also depreive my daughter from affection and love.Due to this my son has also stopped expecting from her and my daughter treats me as a stranger due to long distance. Pls suggest the way forward. Shud i wait for things to improve or leave as it is.I am 47 now and she is 45..told her that let us enjoy the best things in life rather than regretting later but she does not understand.
Ans: Dear Anonymous,
Logic does not appeal to your wife!
What can you do with someone who is adamant about ruining her own family life? It's purely clouded judgement on her part on what to do and not!
With more people dependent on your wife for support, she has found a way of moving even more away from you...what I do not understand is: how is she able to do that to your son?

Either the two of you talk this out and take firm decisions OR accept that this is how it's going to be...sooner or later, she will realize what is happening and will become more aware of her priorities. But, being where you are is painful and it will stress you even more...So, find a way to talk things out is a step that you can take NOW!

Impress upon her as to how important it is keep the family together as a unit for the children to grow in a healthy manner and also how much this time investment will help the two of you as a couple.

All the best!
(more)
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Ramalingam

Ramalingam Kalirajan  |637 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 20, 2024

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hi sir : my son doing job since two year monthly earning is 60 K. but his saving is nil. pl. advice where to invest
Ans: It's great that your son has started earning, and it's essential to guide him on saving and investing for the future. Here's a step-by-step investment plan tailored for him:

Emergency Fund: Start by building an emergency fund equivalent to 3-6 months of expenses. This fund should be easily accessible, like a savings account or a liquid fund.
Debt Repayment: If he has any high-interest debts like credit card bills or personal loans, it's wise to clear those first to avoid paying hefty interest.
Investment Options:
Equity Mutual Funds: For long-term wealth creation, he can start SIPs in diversified equity funds. A mix of large-cap, mid-cap, and multi-cap funds can provide growth.
PPF (Public Provident Fund): A tax-efficient and safe option for long-term savings with a lock-in period of 15 years.
NPS (National Pension System): A retirement-focused investment with tax benefits, offering a mix of equity, corporate bonds, and government securities.
Term Insurance: Since he's working, consider getting a term insurance plan to ensure financial security for his dependents.
Health Insurance: A comprehensive health insurance plan to cover medical emergencies can provide financial security and tax benefits.
Budgeting and Savings: Encourage him to create a monthly budget to track expenses and identify areas to save. Automating investments through SIPs can also help in disciplined saving.
Financial Education: Educate him about the importance of financial planning, saving, and investing. Encourage him to read books or attend workshops on personal finance.
Starting early with disciplined saving and investing can help him build a substantial corpus over time. Encourage him to consult a financial advisor for personalized guidance tailored to his financial goals and risk tolerance.
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Ramalingam

Ramalingam Kalirajan  |637 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 20, 2024

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Hi Anil, I am 43 years old. I have a monthly sip of 35k going on. I have started investing in mutual fund and sip from year 2013. Total mutual fund plus sip current market value is 1 core 9 lakhs . I plan to invest 35 k per month more for 7 to 8 years , when i want to leave job and do something else. Can you tell me what will be my corpus in 7 to 8 years down the line taking both current valution plus what i am going to continue investing?Also, i have another 1 corore total in other investment like Voluntary provident fund, Epf, ppf and esops from my company and pension fund . Here i do a monthly investment of around 80 k via mostly through company for tax savings. So what will be my total corpus after 7 to 8 yrs. Also, is it good for retirement considering my current monthly expense us 1 lakh.
Ans: To estimate your corpus after 7 to 8 years, let's assume an average annual return on your mutual fund SIPs at 10-12% and a similar return on your other investments.

For Mutual Funds:

Future Value of Current Investments: Using the future value formula, considering an average return of 10-12%, your current 1.09 crore can grow to approximately 2.2 - 2.5 crores in 7-8 years.
Future Value of Additional SIPs: Investing 35k per month for 7-8 years, at an average return of 10-12%, you could accumulate around 50 - 60 lakhs from SIPs alone.
For Other Investments:

Future Value of Current Investments: Assuming an average annual return of 10-12%, your current 1 crore can grow to approximately 2 - 2.4 crores.
Future Value of Additional Investments: With 80k monthly investments for 7-8 years, at an average return of 10-12%, you could accumulate around 1.5 - 1.8 crores.
Total Corpus After 7-8 Years: Combining both, your total corpus could range from 5.2 - 6.2 crores.

Retirement Planning:
Considering your monthly expense is 1 lakh, with a corpus of 5.2 - 6.2 crores, you can generate approximately 40-50k per month (assuming a 7-8% withdrawal rate) post-retirement. This should be sufficient considering your current expenses, but inflation and unforeseen expenses should also be considered.

It's advisable to consult a financial advisor for a detailed plan tailored to your needs, considering inflation, tax implications, and other factors.
(more)
Ramalingam

Ramalingam Kalirajan  |637 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 20, 2024

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Hello, I want to invest 10 lac INR for a long term investment. I need suggestion on the following, i understand to invest in the form of SIP. But want to get a suggestion on where should I invest this 10-20 lac first and then invest as an SIP over 1-2 years or even 3 years as per your suggestion. As currently lying in Savings account which doesnt yield more. Secondly I would need a help on good portfolio of funds for long term (10 years or above) for my retirement/younger child's education.
Ans: For long-term investments of 10-20 lakhs, you can consider the following approach:

Initial Lump Sum Investment:

Liquid Funds: Park a portion in liquid funds to earn better returns than a savings account while maintaining liquidity.
Short-term Debt Funds: Allocate to short-term debt funds for stability and moderate returns.
Long-Term SIP Portfolio:

Diversified Equity Funds: Invest in a mix of large-cap, mid-cap, and multi-cap equity funds through SIPs for growth potential.
Balanced Funds: Opt for balanced funds or aggressive hybrid funds for a blend of equity and debt, suitable for long-term wealth creation.
Child Education: Start a separate SIP in a child education-focused fund to ensure funds are available when needed.
Sample Portfolio for Long Term:

Large Cap Equity Fund: 30%
Mid Cap Equity Fund: 20%
Multi Cap Equity Fund: 25%
Balanced/Aggressive Hybrid Fund: 15%
Child Education Fund: 10%
Adjust the allocation based on your risk tolerance and financial goals. Regularly review and rebalance the portfolio to maintain desired asset allocation. Consulting a financial advisor can help create a personalized investment plan tailored to your needs and goals.
(more)
Ramalingam

Ramalingam Kalirajan  |637 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 20, 2024

Asked by Anonymous - Aug 07, 2023Hindi
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Money
Hello Sir, I am 44 years old IT professional. I have loan of Rs. 29 Lakhs. I am currently investing 40K in MF, 10K in Nifty 50 and Large cap and Mid Cap Stocks 50K (IT- Infosys, TCS, Wipro, Tata Elxie), Bank - (ICICI, IDFC, SBI), Auto - Tata Motors, Ashok Leyland, Jewellery - Titan, Metal - Tata Steel, Vedanta), Paint - Asian Paint, Oil - IOC). 1. Edelweiss Large and Mid cap - 5000 2. ICICI Prudential Thematic adv fund - 5000 3. Kotak equity opportunity fund - 5000 4. Canara Robbeco Emerging Equities - Regular - 5000 5. Mahindra Manulife Multi Cap fund Regular Growth - 5000 6. Parag and Parikh flexi Cap fund Regular Plan - 5000 7. SBI Blue Chip fund Regular Growth - 5000 8. HSBC Small Cap fund Regular Growth - 5000 9. Nippon nifty 50 NIFBEE - 10000 10. IBM stock - 18000 I have 8 lakhs as emergency fund in FD ROI - 7.1, NPS - 12 lakhs, PF 22 lakhs, Stocks 24 lakhs, MF 5 lakhs I would like to have around 10+ crore's in the next 10-12 years in investments. What can I do better?
Ans: Given your detailed financial situation and ambitious goal of accumulating 10+ crores in 10-12 years, here are some suggestions to optimize your investment strategy:

Loan Repayment: Prioritize repaying the Rs. 29 lakh loan to reduce interest burden and free up cash flow.
Asset Allocation: Diversify your portfolio across asset classes like equity, debt, and real estate to spread risk. Rebalance periodically to maintain desired allocation.
Increase Investments: Consider increasing your SIPs, especially in equity mutual funds, to accelerate wealth accumulation.
Tax Planning: Optimize tax-saving investments like ELSS, NPS, and PPF to maximize post-tax returns.
Emergency Fund: Ensure the emergency fund remains intact and adjust its size based on your monthly expenses.
Review and Monitor: Regularly review your portfolio's performance and adjust investments as needed to align with your financial goals and market conditions.
Consult a financial advisor for a personalized investment plan tailored to your goals, risk tolerance, and financial situation.
(more)
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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