At 45, Sushil Verma stands at a crossroads in his life; a successful hotelier in the historic city of Varanasi, he is surrounded by a loving family – his wife Shalini, 43, a dedicated homemaker, and their two children, Khushi, 18, and Aditya, 14. Despite his affluence and strong family background, a rift in the family has significantly influenced his financial stability. Surrounded by affluent friends and acquaintances, Sushil finds himself grappling with the societal pressure to maintain his status in society.
Everything was going well in his hotel business till the pandemic hit the country in early 2020. All of a sudden his business turned into a loss making proposition as lockdown severely impacted the income. “My income had significantly dropped due to the pandemic. This threw my finances helter-skelter as my income got dwarfed against my expenses,” narrates Sushil. As hope rose after the first wave was over and things appeared a bit better, the second wave and the deadliest of all in 2021 acted like a last nail on the coffin. Situation worsened and Sushil was losing money every month. His finances were in the doldrums and he desperately needed some financial expert to help him wriggle out of the situation.
Meeting with Shilpi Bansal
It was in September, 2021 that Sushil met Personal Financial Professional Shilpi Bansal. A seasoned investment expert, Shilpi had the expertise to offer financial prosperity to her clients. The same she desired to do for Sushil.
Bu hikaye Outlook Money dergisinin November 2023 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 November 2023 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