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On Nov 14, 2018, people around the globe observed World Diabetes Day and Indians celebrated Children’s Day. While these concepts might seem dissimilar at first glance, let’s take a deeper look in this piece and see how, as parents, we can not only imbibe good qualities in our children but prepare them early in life to prevent what is going to be the biggest healthcare risk of their times – lifestyle disorders like Diabetes, heart disease, and hypertension.
Financial transparency between couples is as important as anything when it comes to making a relationship stronger over the long run. A study conducted by Ameriprise Financial revealed that approximately 31% of all couples—even the happiest ones—clash over their finances at least once a month. The study found that the major points of differences in the clashes were decisions about finance and children, important investment decisions, a partner’s spending habits, and major purchases.
Frankly, you can’t apply the one-size-fits-all approach to determine the amount of money that is required to lead a peaceful retired life. People have varying spending habits and their financial responsibilities at the time of their retirements are also very different. However, there is a way to determine the amount of money that an average Indian individual needs to enjoy his/her golden years with financial ease.
From cooking, cleaning, washing, helping with the kids, and much more, our domestic helps (maids, cooks, bais, servants) do so much that they are an integral part of the urban Indian family. It is almost impossible for an Indian family to run the home smoothly without the helping hand of at least one domestic help. In some cases, several generations of a family are served by several generations of the domestic help’s family.