A group of friends in their late-20s meet at their college reunion. They discuss their jobs, bosses, incentives, salaries and loans. Those who are financially astute discuss saving for their wedding, investments for children’s education and wellbeing, and their foreign travel. The thought of retirement doesn’t even cross their minds. Why would it? They
Money. Property. Estate. Missing will. Forgery. Inheritance. Jaaydaad ka Waris. That’s the premise for many movies, detective stories and murder mysteries. For some, real-life may be as interesting as reel life, but for most, it’s just a lot of tedious paperwork. Why is Will important? 1. A person can distribute their assets as per their
Asha, a physiotherapist by profession, attends to clients every day. She follows a pay-per-session based payment structure and earns on average Rs. 60,000 per month. Though she does not have a fixed salary per month, she has regular clients and good connections guaranteeing stable income. She lives alone in Pune in a rented house.
Nisha is happily married to Amit for five years. They have a beautiful one-year-old girl, Kavya. They recently bought a 2 BHK in a good neighbourhood in Mumbai with excellent educational institutes. Amit works as a manager in an MNC. They can easily pay off the house loan installments since Amit is earning well.
“Don’t work for the money, let the money work for you…” Robert Kiyosaki Elders of the family are in the habit of gifting their nieces, nephews and grandchildren with money. Parents usually buy gifts and toys with this money and spend the remaining themselves. This cycle has been going on for generations and will