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By:

Kaustubh Kale

10 September 2024 at 11:37:15 pm

Nine Financial Tips for a Prosperous Navratri

As Navratri draws to a close, I wish you and your family happiness, prosperity, and continued success. Festivals are a time of celebration, but they also serve as a valuable reminder to reflect on our financial habits and strengthen our financial discipline. In the spirit of the nine days of Navratri, here are nine essential financial tips to help you stay on track with your financial goals and make your journey towards financial freedom smoother and more secure. Build an Emergency Fund Make...

Nine Financial Tips for a Prosperous Navratri

As Navratri draws to a close, I wish you and your family happiness, prosperity, and continued success. Festivals are a time of celebration, but they also serve as a valuable reminder to reflect on our financial habits and strengthen our financial discipline. In the spirit of the nine days of Navratri, here are nine essential financial tips to help you stay on track with your financial goals and make your journey towards financial freedom smoother and more secure. Build an Emergency Fund Make sure you have at least six months of living expenses saved in a bank fixed deposit or a debt mutual fund. This reserve will serve as your emergency fund for unforeseen situations and ensures you are prepared for any rainy days. Review Your Asset Allocation Revisit your investments to ensure they align with your goals. For short-term goals within three years, bank fixed deposits, recurring deposits, or debt mutual funds are appropriate. For long-term goals beyond three years, a diversified combination of hybrid/equity mutual funds, direct equities, and gold should be preferred. Do Sufficient SIPs Systematic Investment Plans (SIPs) are the backbone of disciplined investing. At least 25-30 percent of your in-hand monthly income should ideally be invested through SIPs in mutual funds, equities, and gold. This consistent approach will steadily build wealth over time. Make Lumpsum Investments Along with SIPs, voluntary lumpsum contributions into long-term assets whenever you have surplus funds can accelerate wealth creation. Even occasional lumpsum additions make a significant difference to the overall corpus. Increase Your SIPs Annually As your income increases, make sure your investments grow as well. Increasing your SIP amounts every year helps your wealth stay in line with inflation and your rising lifestyle needs. Increase your SIPs yearly and anchor them to at least 30 percent of your monthly income. Stay Invested Remain invested until your financial goals are achieved. Avoid redeeming investments unnecessarily. Frequent withdrawals disrupt compounding. If liquidity is required, consider taking an overdraft loan against your investments rather than breaking them prematurely. Health Insurance Safeguard your family with adequate health insurance. Opt for a minimum cover of 25 lakhs per family member with comprehensive features. Remember that relying only on employer-provided insurance is risky. Independent health insurance is essential. Term Life Insurance Protect your loved ones with a pure term life insurance policy. Ensure a cover of at least ten times your annual income, along with provisions for any outstanding loans. Stay away from mixing insurance with investments. A simple term plan is the most effective solution. Consult a Financial Advisor A full-time, well-qualified financial advisor can simplify your financial journey. Professional guidance ensures disciplined planning, correct product selection, and proper execution of your financial strategy. May this festive season bring abundance and lasting financial peace. (The author is a Chartered Accountant and CFA (USA). Financial Advisor. Views personal. He could be reached on 9833133605.)

Wedded Malice

Jun 10, 2025
2 min read

Marriage, once regarded in India as a sacred covenant of duty, devotion and endurance, is fast descending into something far more sinister. If the case of the Indore is anything to go by, marriage in India has morphed into a staging ground for betrayal, manipulation and murder.


Indore-based Sonam Raghuvanshi allegedly plotted the murder of her husband Raja during their honeymoon in Meghalaya, a killing made all the more macabre by its theatrical execution and cold-blooded aftermath. Police say she and her lover Raj Kushwaha hired three contract killers to hack Raja to death just days after their wedding. Raj was later seen consoling the groom’s grieving father in an act so perverse it almost defies parody. That the grieving sister, an influencer with lakhs of followers, turned the saga into social media content only added to the surreal horror.


Recent crimes across the country offer grim proof that the institution, long upheld by tradition and sanctified by ritual, is buckling under the weight of materialistic selfishness and moral decay. Across India, from Mainpuri to Meerut, Jaipur to Mumbai, similar horrors have emerged, each more grotesque than the last in this year alone.


In Uttar Pradesh, Pragati Yadav, pressured into marriage by her family, chose not annulment but assassination. She lured her husband to his death within weeks of the wedding and showed no public remorse. Nearby, Muskan Rastogi spun a web of deceit so absurd it resembled pulp fiction. Impersonating her lover’s dead mother on social media, she persuaded him that her husband's murder was divinely ordained. They butchered him, cemented his remains into a drum, and left for a vacation as if ticking off a chore.


In Jaipur, a wife rode pillion on a motorbike with her husband’s corpse, wrapped in white cloth, en route to burning it by the roadside. Each story reveals not just a breakdown of marriages, but of basic human decency.


Why, then, do these marriages take place at all? To respond to an unhappy marriage not with separation but with savage murder reveals a deeper rot. These are not crimes of impulse but of cold calculation, often motivated by the hope of escaping domestic drudgery, inheriting property or legitimising extramarital affairs. The marriage becomes a mere transaction and the spouse, a disposable obstacle.


There is also the wider corrosion of values. In a society enthralled by material success, superficial beauty and social media validation, traditional institutions like marriage now carry the weight of performance, not principle. Middle-class weddings aspire to be no less than Bollywood spectacles, carefully curated for Instagram. But behind the filtered images, the bonds of trust and empathy are perilously thin. The idea of enduring hardship together which was once the cornerstone of Indian marital life, is now seen as an archaic nuisance, easily solved with poison, blades or contract killers.


What India urgently needs is a cultural reckoning and a recognition that the collapse of marriage as a moral institution portends broader societal decay.

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