G Sangram

  (Generative AI Ghibli snap ) Finance , is just one out of my blog series Anatomy Of Habits , which explores the financial aspects of my habits and how they intricately working with other aspects to bring realities to my financial goals. Let's start with simple question of why I felt writing this.   WHY ?  Finance is a key factor in living a good life, alongside health. A strong financial foundation shields us from debts & instability and offers social recognition. However, money is a double-edged sword with its own set of rules. As per PwC & Perfio's research, majority of Indians spend one-third of their monthly income just to pay off loans. That's concerning. Fortunately, I am not one of them. Take, for example, a close friend of mine who started his tech career at the same time as I did. By the time he got married, he had only accumulated one-third of my total assets—and that too he spent every bit in it, ending up at square one. I man...

My father was not exposed to education (educated till 2nd standard), can't even read. I choose to share because he himself an interesting case study of social & financial wisdom. Events took place in the backdrop of rural India. Let's start. "Do work as your own", my father always tells me. For him, work provided a reason to survive. He was born in 1953 and lost his parents early in childhood itself. Soon after he started his career working as a shepherd merely to get two times meals in a day that to staying away. He took his first annual pay of just 140 INR from the herd owner. In the year of 1974, he formally joined as a Steelman (staff) at nearby Sugar factory (Aska, Odisha) drawing an initial monthly pay of 90 INR (1080 rupees annually). He retired in 2014 with an in-hand monthly salary of 14000 INR. That is so less, his annual pay of that was 1,68,000 but he invested 1,60,000 solely on my education that year apart from sustaining a family. That brings the que...