The forty-nine phonetic letters of the Kannada alphabet gave Sunitha a tough time negotiating when she began taking evening classes at a literacy drive by an NGO. Three years on, she was able to teach her two children the basics of the language so that they needn’t wait till their thirties to spell their names. Literacy gave her the right to dream but it didn’t resolve her distress.
Husband Suraj Divakar’s income from farming was just about their everyday sustenance. There was hardly anything left at the end of the day for their tomorrow. Sunitha remained a housewife until 2013 when a fellow villager prodded her to start painting on fabric – a common cottage industry in the Madwanagar area of Udupi district in Karnataka. But she spent her earnings from painted fabric by buying food and clothes for the family. Then, there was nothing left to buy new fabric. Dreams parched in drying coffers. “My daughter made a confession on the day I made my first earning of ₹200. We had chicken and rice in dinner. At the bed at night, she said she wanted to be a teacher, just like the smart ladies she saw at the private school in the town,” says Sunitha. Dreams are contagious, and most often, they overlook the hurdles until they met with reality. “I didn’t know everything will suffer a nosedive in just a few days.”
Bu hikaye Outlook Money dergisinin March 2021 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Outlook Money dergisinin March 2021 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Gold ETFs And FoFs
While Indians love to invest in physical gold, even mutual funds offer the option, but in paper format.
PLANNING TO BUY CHILD INSURANCE? THINK TWICE
Child insurance plans combine insurance and investment but often offer low returns due to high costs, making a combination of a term insurance cover and mutual fund a better option for securing your child’s higher education needs
How Do You Define Happiness?
Money does buy happiness, but after a while, the appeal fades. We talk about our relationship with money, but, maybe, it’s time to revisit our relationship with happiness
Avoid Crypto As It Is Highly Volatile
I am 22 years old and have recently started working. I want to invest a small portion of money in cryptocurrency. How should I go about it? Does it require a huge capital investment?
Invest Right, Don't Speculate
The lure of high returns and quick gains from equity tips, cryptocurencies, and equity F&O can be enticing. But remember, return of capital is more important than return on capital
The Wedding & Budget: Is Minimalist Trend The Right Knot For You?
Indian weddings are known for their pomp and grandeur, but minimalist weddings are also in vogue now. Dia Mirza was one such celebrity who went for a minimalist wedding. If you also want to keep things minimal on your big day, here’s how to do it
Here's How To Buy An ETF?
Mutual funds are the preferred choice for retail investors. However, they come at a cost and fund management risk, apart from other risks. A smarter alternative is to invest through ETFs.
How Passive Funds Help Diversify
Passive funds provide a simple way to invest in broad markets as well as in specific themes and sectors, making them ideal for an investor's satellite portfolio
The Rise Of Passive Funds
The popularity of passive funds among retail investors has risen post Covid, and fund houses are out with many variations of ETFs and index funds. Does this category present a new opportunity for investors?
Tax Reforms: What's In Store?
The government is working on reforming the existing Income-tax Act, 1961. The impending reforms have raised many questions in the minds of taxpayers. Will the old regime and deductions be done away with? Will it really simplify your life? What's the need for these reforms? We try to answer these and other questions regarding tax reforms