MusicalMontage
2 items on »My Identity.« tagged with
»women«
to the women reading this blog
When you say, "I don't want to settle down right now.."
or "I'm in no rush" or "I'll settle down 'in time' " ...
what do you mean?
I mean genuinely...i'd like to know...
Please don't take this the other way, i - in no way - am a staunch advocate (read MCP type) of women getting married early, sitting at home and becoming baby making factories...
Infact, I have great respect for women who are independent and are doing something on their own / are achievers in their choice of career etc. At the same time, i also have a lot of respect for home-makers...i know what my mum goes through. She works AND manages a house - that's practically two careers at the same time. (Having said that, i'm pretty guilty of not helping out on a day to day basis at home...sorry ma)
So...what does, "I'll settle down in time" mean?
For a guy, it usually means, "I have to get set financially, so i can take care of my wife and children to be. Need to save up to buy a house...long term planning etc." If your father is a wealthy industrialist, then i guess it doesn't apply...maybe not as much - unless you choose to do something completely on your own with no financial backing.
In my case, i've been looking at a wide variety of Life Insurance Policies - cuz of tax benefits and also the fact that at 26, the longer i delay to get myself a policy - the higher the premium rate will i have to shell out. So if you're around my age and haven't got yourself a policy that is in your name and one that you're paying for - get one now. Also, come April 1st, there's a section 10 10 D or 10 10 G - which is basically about the interest that you accrue on your policy, which is paid out to you at the end of your policy - if this is enforced, then the additional money that your policy has made for you - will be taxed.
Ex: i take a 21yr - 5lakh policy...my premium is around 25k a year...now if LIC (for ex) is giving me an 7% interest return per annum, in effect i stand to make about 15 - 17lakhs at the end of 21 yrs. Now I've paid 5lakhs - so the additional 10 - 12lakhs is the money my policy has made for me. If section 10 10 G/D is enforced - this 10 - 12lakhs is liable to be taxed. At what rate? Nobody knows. But even if it is 10% - you stand to lose atleast a lakh. So it's worth investing in a policy right now - before 31st March - if you haven't invested in one yet.
So as you can see, i've been thinking about my financial future. So, would like to hear some female comments on this question.
"I don't want to settle down right now.."
or "I'm in no rush" or "I'll settle down 'in time' " ...
or "I'm in no rush" or "I'll settle down 'in time' " ...
what do you mean?
I mean genuinely...i'd like to know...
Please don't take this the other way, i - in no way - am a staunch advocate (read MCP type) of women getting married early, sitting at home and becoming baby making factories...
Infact, I have great respect for women who are independent and are doing something on their own / are achievers in their choice of career etc. At the same time, i also have a lot of respect for home-makers...i know what my mum goes through. She works AND manages a house - that's practically two careers at the same time. (Having said that, i'm pretty guilty of not helping out on a day to day basis at home...sorry ma)
So...what does, "I'll settle down in time" mean?
For a guy, it usually means, "I have to get set financially, so i can take care of my wife and children to be. Need to save up to buy a house...long term planning etc." If your father is a wealthy industrialist, then i guess it doesn't apply...maybe not as much - unless you choose to do something completely on your own with no financial backing.
In my case, i've been looking at a wide variety of Life Insurance Policies - cuz of tax benefits and also the fact that at 26, the longer i delay to get myself a policy - the higher the premium rate will i have to shell out. So if you're around my age and haven't got yourself a policy that is in your name and one that you're paying for - get one now. Also, come April 1st, there's a section 10 10 D or 10 10 G - which is basically about the interest that you accrue on your policy, which is paid out to you at the end of your policy - if this is enforced, then the additional money that your policy has made for you - will be taxed.
Ex: i take a 21yr - 5lakh policy...my premium is around 25k a year...now if LIC (for ex) is giving me an 7% interest return per annum, in effect i stand to make about 15 - 17lakhs at the end of 21 yrs. Now I've paid 5lakhs - so the additional 10 - 12lakhs is the money my policy has made for me. If section 10 10 G/D is enforced - this 10 - 12lakhs is liable to be taxed. At what rate? Nobody knows. But even if it is 10% - you stand to lose atleast a lakh. So it's worth investing in a policy right now - before 31st March - if you haven't invested in one yet.
So as you can see, i've been thinking about my financial future. So, would like to hear some female comments on this question.
"I don't want to settle down right now.."
or "I'm in no rush" or "I'll settle down 'in time' " ...
