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By:

Kaustubh Kale

10 September 2024 at 11:37:15 pm

Fast Today, Prosper Tomorrow

AI Generated Image Navratri is a time when devotion, self-control, and celebration come together. For nine days, people across the country observe fasting, prayers, and rituals with discipline and faith. But beyond the spiritual significance, Navratri also carries valuable lessons for our financial lives - especially in how fasting and sacrifice mirror the principles of investing. Fasting as discipline When we fast, we consciously give up indulgence. It is not just about avoiding food; it...

Fast Today, Prosper Tomorrow

AI Generated Image Navratri is a time when devotion, self-control, and celebration come together. For nine days, people across the country observe fasting, prayers, and rituals with discipline and faith. But beyond the spiritual significance, Navratri also carries valuable lessons for our financial lives - especially in how fasting and sacrifice mirror the principles of investing. Fasting as discipline When we fast, we consciously give up indulgence. It is not just about avoiding food; it is also about training the mind and body to resist temptation. The same applies to investing. In a world full of instant gratification, whether it is the latest gadget, a fancy car, an expensive lifestyle or a luxury holiday, real wealth creation requires the discipline to sometimes say, “not now.” Just as fasting strengthens willpower, disciplined investing strengthens our financial health. Sacrifice for a greater good Navratri fasting involves small sacrifices today for spiritual growth tomorrow. In investing too, we often have to sacrifice some short-term pleasures to secure long-term prosperity. Choosing to invest a bonus instead of spending it entirely, or increasing SIPs using a portion of every salary increment instead of allocating the entire increase towards expenses and new liabilities, may feel like a sacrifice initially. But these small decisions, repeated over many years, can accumulate into significant future wealth and financial security. This is the very essence of delayed gratification. Patience and consistency Navratri fasting is not observed for just one day. The discipline continues throughout the nine days. Similarly, investing is not about one lucky trade or one successful investment. Wealth creation requires staying the course month after month and year after year through regular investing, sensible asset allocation and the power of compounding. There will inevitably be periods when markets test our patience. But just as discipline during Navratri is maintained throughout the festival, financial discipline must continue through both good and difficult market conditions. Balance and moderation Fasting during Navratri is not about starving. It is about moderation, restraint and mindful eating. Investing too should not be about extremes, neither reckless risk-taking nor excessive conservatism. A well-planned portfolio spread appropriately across assets such as equity, debt and gold can provide both growth and stability. Just as moderation keeps the body healthy, balance helps keep our finances resilient. The bigger picture Ultimately, Navratri fasting is also about purification of the body, mind and soul. Investing, in its own way, requires purification of financial habits: moving away from impulsive spending, unnecessary liabilities and short-term thinking towards purposeful saving and wealth creation. This Navratri, as you observe your fast with devotion and discipline, also resolve to bring the same qualities into your financial life. After all, both fasting and investing ask us to give up a little today in pursuit of something greater tomorrow. (The author is a Chartered Accountant and CFA (USA). Financial Advisor. Views personal. He could be reached on 9833133605.)

Tale of strength, victory

Writer: Mamta Chitnis-Sen
Mamta Chitnis-Sen
Oct 3, 2025
2 min read

The nine days of Navratri celebrate goddesses who embody strength in different forms; valour, compassion, creativity, austerity, devotion, justice, protection, forgiveness and wisdom. In our annual Navratri series, we celebrate the lives of nine women who strive to build happy and safe spaces for themselves and those around them.


PART - 13


Name: Bhagyashree Shinde | Where: Mumbai
Name: Bhagyashree Shinde | Where: Mumbai

Bhagyashree Kaluram Shinde, a young girl from the Wadar Vasti community, represents resilience and determination. Her family, part of the Mati Wadar community, has encountered significant obstacles. The family’s move to Wadar Vasti and the closure of her father’s traditional mattress weaving business during the COVID-19 pandemic rushed them into crisis.


Amidst hardship, Bhagyashree’s father adjusted to the situation by establishing a small general store within their community. The family of six, which includes Bhagyashree’s parents, grandmother, and two younger sisters, worked together to navigate their new situations. Despite the challenges, Bhagyashree remained unwavering in her academic pursuits and extracurricular activities.


Bhagyashree has been an enthusiastic and energetic girl since childhood. Her parents says that she first began learning karate when she was in class 4. With her interest in sports, she chose karate and initially took a few days of coaching.


However, due to her family’s financial challenges, continuing formal training was not possible. Recognising her dedication and passion, her karate teacher Nitin Kamble decided to train her completely free of cost, ensuring that her dreams were not hindered by financial constraints.


For the past nine years, she has honed her skills in karate and become a formidable athlete with his unwavering support, both financial and motivational. Her journey in karate is marked by dedication, discipline, and countless hours of rigorous training.

A member of Child Rights and You’s activity center collective groups, Bhagyashree, actively participates in all the programs and events offered. She achieved a commendable 54 per cent in her 10th-grade examinations last year, demonstrating her dedication to her studies.


Bhagyashree’s journey from a small community in Wadar Vasti to the national stage is a proof to her dedication and perseverance. Her achievements at the City and State level tournaments in Katraj, Pune, where she secured second place and earned a silver medal, have paved the way for her participation in the National level tournament in Haryana in August 2024.


This success not only represents a personal achievement for Bhagyashree but also brings great pride to her family and community.


Her accomplishments emphasise that no goal is unattainable, and through hard work, persistence, and the right encouragement, one can achieve anything. She is not just a talented karate athlete; she symbolizes resilience, hope, and the limitless potential that resides within each of us. The sport not only strengthened her physically but also built her confidence.


Bhagyashree says, “I am no longer afraid to walk around the community, even at night, because I know I can protect myself.” This transformation, she believes, was made possible only because of karate, which empowered her with both skills and self-belief. She is pursuing her further education while also teaching karate to children in her community. Her dream is not only to achieve personal success in the sport but also to empower other girls through karate, helping them become as brave and confident.

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