Cooltiger5892

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Viewing 4 posts - 16 through 19 (of 19 total)
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  • in reply to: 1cr debt of father #68814
    Cooltiger5892
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      C
      Cooltiger5892
      PARTICIPANT
      January 22, 2025 at 2:06 pm
      Hi …

      Just some tips to reduce the liability on your head.

      1. Invest in Direct Mutual Funds via Coin/Grow/Paytm. Keep small SIPs, maybe 500-1000rs a month. It will go a long way once you’re 30 or so.

      2. If possible, take a term insurance policy for your dad, price will be on the higher side since he is 55 years old, but in case in the next 10 years or anything (God Forbid) does happen to him, you will get the Insurance amount within 1-2 weeks in your account without tax deductions (?I think, not sure). Maybe 1-1.5 cr term insurance should be fine, otherwise 2cr, depending on your affordability.

      3. Keep a Recurring deposit for yourself, again, start small, maybe 500-1000 rs a month, you will have some money in hand to stand on your feet once you finish your studies.

      4. I think Education Loans have some grace period after which you can start repaying it, like 1-2 years interest free period and then they start with their EMIs. Anyways, education loans also have tax benefits once you start earning.

      These are the pointers I have for you now from the top of my head. Life is hard I know. But since you know the problems before hand when you are a young adult, you can plan strategies now which will help you and your family to be stress free when you touch your 30s

      in reply to: Fake assault case from a girl #73057
      Cooltiger5892
      Participant
        C
        Cooltiger5892
        PARTICIPANT
        January 16, 2025 at 5:18 pm
        Ah okay.

        When you meant assault, you just meant physical assault, not some sexual assault.

        My misunderstanding

        in reply to: Fake assault case from a girl #73048
        Cooltiger5892
        Participant
          C
          Cooltiger5892
          PARTICIPANT
          January 16, 2025 at 3:38 pm
          Hi …

          I will call your friend Y in this, as that’s the only person unmarked here.

          And boyfriend of A as D?

          Did X have sexual relations with both A and B or only A?

          There is something else more at play. We need to know the full story to give an idea of what will happen Tomorrow.

          Maybe they don’t like Y and X, maybe some fight took place with X and they thought they could bring Y into this.

          In between all this, we don’t know whether since D got A, and X got jealous of it and X said something which provoked A and D. I assume this as A, B and X danced at the college fest.

          Maybe D wanted to date Y but Y rejected him and he’s taking revenge?

          Regardless, at the college meeting, be straightforward, keep some tears in the eyes, but don’t overdo it. Since the incident is claimed to happen in July, and Y joined in September, your friend should be out of the picture. The problem is college management is always run by immature and greedy children, who will not take a logical approach to things. Anyways your friend Y did not have a time machine to go back to July, help X and come back ๐Ÿคฃ

          Try settling the matter in the college itself without it going to police or court. Otherwise things will definitely get complicated.

          in reply to: Credit card bill increased exponentially #73495
          Cooltiger5892
          Participant
            C
            Cooltiger5892
            PARTICIPANT
            January 16, 2025 at 11:17 am
            Well, as another posted. His CIBIL score must be screwed.

            Your friend should have just paid the credit card company.

            Even legally if you go, I assume the bank would have emailed the statements to his email. This tells that the bank has legally communicated the statement along with its charges.

          Viewing 4 posts - 16 through 19 (of 19 total)