Tag Archive: insurance



I’m a 24-year-old IT professional. We’re the kind of people who work 8 hours a day and complain about it for the remaining 16 hours. Well, I was kidding, but only about the first part, I was absolutely truthful in the beginning. And you know what’s common between almost every young professional? The new excitement of making it on his own, the new power and responsibilities. It can be taxing sometimes, but it feels good most of the other times.

So why this post? It’s to tell you about the importance of self-reliance, and money management. I remember, unlike most of the people who spend their first few months of salaries partying and hanging out, I sent some of the money home and used the rest to buy myself and others a decent health and life insurance cover. “You’re just 24, and the company already gets you a life insurance! You don’t need it!” Most of my friends told me that, but they knew little in front of what I had learnt in the past 24 years of my life.

My parents have always been the cool kind, the kind of people who never stopped from doing anything in my life, so it can be fairly assumed that they’d not have felt bad even I had spent the money in partying out! And that’s not wrong either. But still I choose to do the aforementioned. And here’s why; I believe that life is the most precious belonging one can have, and the purpose of life is to succeed. Now everyone has his own definition of success, and mine is to make sure that I should be able to fulfill every expectation that my family has of me. I’ve learned this from my parents of course, specially my father.

I belong to a middle class family, so perks like ACs, large bedrooms were all alien to us. But still I never felt that I was missing on anything. I remember how my father always told me the importance of knowledge over anything else. One thing I learned from him was the importance of making it on your own and being self-dependent. Although we couldn’t afford things like a luxury car, he was never worried about my education or our future. He always seemed so sure. I never understood the concepts of insurance or things like that then, but he made me learn all of them slowly. When I was in college, he told me once about how a health insurance is one of the most important investments he made. It took me some time, but I realized that even with little funds how he was so confident about the future. And I made a promise to myself, no matter how much money I make and what I do, I’ll never let that be a constraint for me or my family.

Today, I consider myself an above average earning person. But that’s not what I’m proud of. I’m proud of the fact that even if something were to happen to me the next moment, my family will not be in a danger financially. I plan my investments and just like my parents taught me, I am confident about the future.

And that’s one advice I’d give to everyone out there. There’s so much you could do with what you earn, but the small such decisions you make today, will affect your future tomorrow.

Take a look at this ad to know better about what I’m talking about.

PS: I don’t need to tell you but I have a lot of experience in comparing policies and investment products, and personally I found HDFC the best partner for me. You could take a look yourself:  http://www.hdfclife.com/

Good luck 🙂

Advertisements

Bucket lists. Man do I have a thousand of those! Since the day I started to talk and things around me started making sense to me, I’ve been thinking of what I’d do in my life. And I am not just talking about how I wanted to become a big doctor or a great engineer, I am talking the crazy stuff…! How I wanted to swim across the English Channel crazy! Every one of us has wishes he or she can’t fulfil because of the circumstances, but what if there was no restriction? What if it was only you and your dreams and no one to stop you from achieving them? Sounds like yet another unachievable dream, I know; but to think about it, it isn’t much difficult.

I just came across this line “Befikar, Umar Bhar” (Meaning: Carefree for life) by IDBI Federal and it made me think; Most of us are doing what they are doing because this is what they could manage in their situation. Ask yourself, would you be doing this same thing if every problem and restriction in your life was removed? I don’t think so. Here’s 5 things from my bucket list that I’d do if I was ‘Befikar, umar bhar’.

  1. Write:
    I know, I do it right now too. But this isn’t enough. If this restriction of money was removed from my life, I’d probably live with my family in an isolated place and write. This is one very achievable dream for me and I hope that I’ll make it happen one day.
  2. Travel:
    If you are a person who can travel to any place alone, there’s pretty much nothing left in the world that you can’t do. Those words aren’t mine, but I share the sentiment. Travelling can teach you a lot of things; How to self-reliant, how to be confident, how to stay healthy, how to cook and what not… it widens your perspective and improves your personality. ‘Only if I had enough time!’ is what everyone’s excuse is when they’re asked why they don’t travel as much. They’re not wrong. But if there was no constraint, I’d pack my bags and leave for the remotest places in a breath!
  3. Learn a new skill:
    It is easy to learn how to play guitar or maybe a new language while you’re doing a full time job. So obviously when I say ‘new skill’ I’m not talking about that. I’m talking about the crazy stuff. Trekking, mountaineering and stuff like that. There’s a little part of me that just wants to take a bike and a backpack and not stop till I reach the Himalayan ranges! As awesome as it sounds, it needs a rock solid planning and not to mention a lot of time.
  4. Teach:
    I plan to do this someday. I really do. But when that day will come is a fact that’s still unknown to me. When you teach, you multiply your knowledge and make a smart individual who will then go on and make other’s lives better, thus, helping your nation a great deal. Till now my teaching has been limited to a few kids and sometimes in NGOs. But I do see myself building a school that’s free for all, someday.

Get insured for life, cover yourself good!

  1. Play:
    If there was ever a world record for knowing every sport without having played a single one of them, I’d probably win it by a good margin. It’s not that I’ve been bad at sports, I just had priorities over it. First studies then more studies and then more studies. Damn, I wish I hadn’t studied that much! Erm… anyway, the point is… if I had a chance, I’d probably not go back in time but make enough time now so that I can just go out and play my heart out! Wouldn’t that be awesome? 😀

All those things, although sound too awesome, can be real difficult to do when we’re bound with the responsibilities of life. And that’s where a little planning may come in handy. Most of us do all those things for personal and financial reasons, and if we get at least one of those taken care of, doesn’t that solve a lot of our problems? As I began with the line by IDBI Federal, “Befikar, Umar Bhar”, it’s time to live it for real. Take a look at this video to know what I’m talking about.

Live your life, the best way possible, happy independence 🙂

PS: check this out to know more: http://bit.ly/BefikarUmarBhar

Have a great day!

PPS: I never said this, but seeing the video, if i manage to secure myself financially that much, I’ll but my all time favorite car, the Porsche Carrera gt 911. 😀

%d bloggers like this: