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

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

Piya Sharma
Chartered Accountant

I am a CA by profession. As my training has taught me, investing is a big part of my financial strategy. I am slightly risk-averse and invest heavily in mutual funds, FDs and ULIPs. I stay away from the stock market. 

As the household expenses are taken care of by my husband, I use most… Read more

Rajesh Singh
Corporate Executive

Growing up I did not have much other than the bare necessities. Though my mom tried her best, she could not fulfil our wishes. I always knew I had to study and improve my life. Today, I own a bike, a car and my own humble house. This has only been possible because of my prudent wife.

We… Read more

Suraj Chandwani
Gas Station Owner

I like to work hard and live a good life. I want to give the best to my wife and son, as well as my parents who live with us. I own a gas station in the suburbs of Mumbai. I had taken a loan to set up my business. So a major chunk of my earnings goes in repaying the loan. I also have a car loan… Read more