 "Case study")
Business Standard analyses one family's finances and suggests a suitable way forward
FAMILY PROFILE
Priyesh Gupta is a freelance physiotherapist, living with his wife, Nalini, in Thane. Nalini is a teacher and works for a private school. Priyesh’s father, who served in the army, died a few years ago and his mother stays in Bhopal. His mother receives pension and is not dependent on Priyesh. They have an additional house in Bhopal which is given on rent . The rental income also goes to his mother. Having shifted to Thane a few years ago, Priyesh stays on rent and the couple’s main goal is to buy their own apartment. Priyesh also wants to pay off his personal loans, which he had taken from relatives for his marriage. The couple wants to extend their family by next year and would also like to plan for their child’s educational expenses
FAMILY PROFILE
Priyesh Gupta is a freelance physiotherapist, living with his wife, Nalini, in Thane. Nalini is a teacher and works for a private school. Priyesh’s father, who served in the army, died a few years ago and his mother stays in Bhopal. His mother receives pension and is not dependent on Priyesh. They have an additional house in Bhopal which is given on rent . The rental income also goes to his mother. Having shifted to Thane a few years ago, Priyesh stays on rent and the couple’s main goal is to buy their own apartment. Priyesh also wants to pay off his personal loans, which he had taken from relatives for his marriage. The couple wants to extend their family by next year and would also like to plan for their child’s educational expenses
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%