TomorrowMakers

This is how I took charge of my finances
Hansika
Media Consultant

With my prestigious B-School degree, getting a good job was never too much of a doubt for me. So naturally, money was never going to be a problem. Or at least that’s what I thought. But when I laid my finger in a random part of the world map every once in a while and took a trip to the place where my finger stopped, financing it became a problem after a certain point. It wasn’t like I was going to stop travelling, but after I had to take a personal loan to finance my trip to Peru, I knew something needed to be done.

A financial planner is like a doctor for your finances. The planner wanted to know everything – my income, regular expenses, financial aspirations, liabilities…everything! But with this professional advice, I was able to travel AND meet my daily costs, without any need for loans. I was able to plug unnecessary expenses and put my money into use more smartly. I have also made some investments for a change! And all this without compromising on my fascination for travel… next stop, Timbuktu!

How I did it

Kunal and Nita
Software Professionals

We are a family of five, with two kids and my mother who takes care of the house. Nita and I are both software professionals. Initially, with the kids, we found our expenses spiralling and were not left with anything to save or plan for our future. 

We decided to classify each major… Read more

Vaishali Pednekar
Teacher

I believe life is too short to not to indulge in things that make you happy and I love myself some retail therapy. However, I found myself in a financial disarray a couple of years ago. Sometimes I was overspending and falling short on my bills, but mostly it was just poor planning.

I… Read more

Payal Singh
Media Professional

I have just started working as a journalist. Though as a newbie my salary is not a lot, I still make it a point to save. My parents are middle-class salaried people who have built a great life by saving small amounts for years. They have taught me the importance of saving. With the help of my… Read more

Mukesh Keswani
Businessman

I run my own fabric business. I have recently bought a house and a car. So I have large sums of money going into EMIs. This makes it even more important to have a tight hold on my finances. I have kept both EMIs on auto debit on the 10th and 25th of the month. This way it does not put undue… Read more