Personal Finance for Professionals (Not Just FM’s)

I am sharing this article as someone with an educational background in engineering and management, coming from a middle-class family. My goal is to give personal finance advice to young professionals, especially those who may not usually read articles or journals on the topic.

Recently, there’s good news: hiring is picking up across industries and experience levels. This is great for India, where there is no social security or welfare support, no matter how long or how much you’ve paid in taxes while working.

It has been hard to see many professionals struggling due to salary cuts or job losses. I feel for them and have tried to help wherever possible.

What surprised me was that even professionals nearing the end of their careers, holding senior positions, were struggling as much as younger professionals, who generally have fewer opportunities to build financial security.

While everyone’s life situation is different, I believe many could improve their financial health if they paid as much attention to it as they do to work and social life.

The harsh reality is that our education system doesn’t teach personal finance, and socially, it’s often considered rude to discuss money. Most of us work long hours…