TomorrowMakers

How I managed my money?
Jayanta
Financial Specialist

I had started working four years ago. I would like to believe that I am still in that age bracket where people earn to spend and not necessarily save. However, there have been occasions where I have genuinely regretted spending on something and often pondered what would have become of the money if I had saved it instead. But somehow, I can’t imagine sipping a drink with my friends in a city pub and talking about post office recurring deposits. Savings just isn’t cool. Nevertheless, I set myself a savings goal, just for kicks you know! Just a realistic looking figure to target at the end of the year, and then break it up month wise. But wait, it’s not just about funnelling a portion of my monthly income. I made sure that I develop at least some habits that will help me actually save money. I quit committing to new expenses impulsively. No more paid streaming services that I don’t have time to watch, so I chose between Netflix, Prime, Hotstar etc. I have started asking myself and the person in front of me, am I being offered the best price? Exorbitant mobile phone plan, off you go! I have a designated savings account that I don’t plan to use for expenditures any time soon. 

How I did it

Praveen Nair
Retiree

Ever since I retired, I have looked forward to the festive season with added zeal. It is the buzz that I need once in a year in my laidback post-retirement life. I like to celebrate the occasion, get the house painted or renovated, buy gifts for my dear ones or go on a vacation. These things… Read more

Swati Mehra

A couple of years ago I was over the moon after landing my first job. I celebrated regally during the festive season that ensued, only to land in a financial soup for the next few months. With gargantuan credit card bills and barely any cash left, I had no other option but to default the payment… Read more

Rohansh Pathak

It is highly unlikely that all the expenses made during the festive season were worth making in the first place. This is the time of the year when unavoidable expenses are bound to upset your budget plans, and you can do little about it. However, I have made it a point to have a look at the… Read more

Rahila Khan
Homemaker

I am a single mother of one. I lost my husband just 5 years into my marriage. Life has been a struggle for me, but I have managed it and today I have no complaints. 

I was a young widow with a 3 year old son when my husband passed away due to a heart attack. My parents were my rock… Read more