Plan & Pilfer
"I wont quite call it counseling but she definitely needs to be on top of her finance game" RM said softly
"I am seeing how I missed getting hit a few times" she muttered
He just twirled a Sharpie RM had handed to him, so he could circle areas of concern
"Lets do this today, lets talk about what it is right now, you take the stack home, go through it tooth and comb. Or as they call it" she smiled
II nodded,
"we regroup in a week? in a month?" "Based on how your June looks like" RM offered
She nodded politely
"Is everything OK Ishita? U are very quiet today?" RM asked concerned
"No I am still internalizing everything" II said calmly
"Lets build scenarios, if thats OK" RM offered
"Do u want to offer inputs?" she asked R&B
"I actually dont" he said smoothly
RM ran 4 scenarios displaying changes for loan amounts, adjusting discretionary expenses to show how she could get to a semblance of "normalcy" to her situation
"Have you talked about how to deal with situations where you are consistently over spending?" RM asked
"I plan to look at my alerts very carefully" II promised
"But do you have access to funds from elsewhere you could temporarily borrow?" RM asked
"Umm.. no I dont.."
"U withdrew around 8 lakhs in March all cash" RM appeared startled
"Umm ya..." II nodded kinda cutting her off
"Did u move it elsewhere?" she asked
"Umm.. no... it was for my wedding" II whispered
"Oh! yes yes... sorry bhool gayi.." the gal nodded
"Thats OK"
"See if u had that... u would be in good shape... u wont be saving much, but will have enough if u over spend... mera matlab over spend from your monthly average"
"Ya I know... I thought about that"
"So this is the only operational account u have at this time?"
"I have an ICICI Account with my parents... but that doesnt, I dont do much there" she said
"Oh! what kind is it, we can match the rates" Mgr smiled
"No... I mainly opened it so Appa can do something" she stopped
She wasnt willing to share more than what was already shared today
It was extremely agonizing for her to have everything out in the open like that"
"While I wont ask why you dont have a joint account, I can promise to help you stay on track, if u show me you can be this way for a year Ishita, we can talk about saving strategies and investments" RM promised warmly
"I am going to try for sure" II promised pleasantly
"I am going to email the scenariors to you so u can start thinking about which loan to modify.
I will also send to you the best rates we have if we were to combine all three of your loans, under a Personal Loan umbrella"
"I read that in your Outlook meeting attachment" II said
"Ya we offer upto 50 lakhs in some cases, based on repaying capacity ofcourse"
THAT MEANS I WONT GET IT
I KNOW IT
YOU DONT HAVE TO BE POLITE
THANKS!!
"Between the three whats my net Principal" II asked
"Your Corolla loan is from here, not the Hyundai or the student loan, so I show only payments not balances" "I can request it if you authorize me" RM said
II nodded "If I recall correctly Corolla should be 4-5 lakhs I got it 4 years ago I think... student loand should be around 7.8 or 8.7... cant recall which" Ii said
RM plugged it into her model
"Hyundai is 14?"
"So ur total debt is 28 lakhs" hypothetically" she continued... I doubt they will decline u for the loan umbrella deal"
II smiled weakly
"The interest rate let me warn you may be higher than two of your loans" I know u told me u got a great rate for Hyundai"
"Oh!!"
"Ur husband is very quiet" RM said
"He is" Ii said
"I can check with my bank about their rates" he said
RM's jaw dropped as she watched a husband discuss where his wife should borrow from... he was offering borrowing suggestions
"What bank is it?" she asked
"BNP" he said
"Do u have a Wealth Management Account?" she asked
He nodded
They have financing opportunities where u can leverage on ur portfolio without breaking up ur investments" RM said
He nodded as if he knew
"what do u do for a living, are u on Spectrum 20?"
"Sometimes... I mostlyw ork from home, I am Paris based... I co own a angel investing company with 6 partners"
"Oh! wow" she smiled
"we are done for today, would you like to join us whenever we meet?" she asked him
He nodded his eyes drilling holes into his wife's skull...
"Ishita I owe you umbrella loan rates, he owes us BNP loan rates,
I owe you options for interest breaks, tax deferred investments, and the whole 9 yards, oh! oops and also penalties for borrowing or breaking up FDs/CDs"
"If we plan this well we can do this right" she did "standard bank speak"
II nodded
"thanks for making the time Ishita" she smiled getting up
II emptied her soda...
He carried her stack along with his...
Ii went back multiple times to check the coffee table
"thanks" he shook RM's hand
"Boy! u are TALL" "Did they have to redo entryways and doors in your house?" she giggled
"I was 6'1" by 16, by 18 it stopped" he smiled
"HOW tall are you?" she asked
"A lil over 6' 3"" he said
"AND SKINNY" she screeched
"For a guy its not such a good thing afterall" he said softly
He wore tan cargos and a pink stripes cotton full sleeve shirt that was folded 1/4th, untucked... with SANDALS...
"Do u have ur phone?" he asked II caringly
"Did I bring it here?" she asked him sincerely "Onnoda car la vittuten nenaikaren" (I left it in ur car)
"i dont think u brought it, he was listening to music" RM said
"thanks Ishita" RM smiled
II smiled turning as her husband held the heavy glass door open
He set the papers in the trunk...
"U dont want to take it to your desk?" he asked
"Umm no..." she shook her head
"Do u want coffee?" he asked as he pulled into Spectrum
"Perk?" she asked
"Did u want to go to Starbucks?" he asked
"No... no... we already went over.. I had to meet Bally at 4" she was in despair
they walked to the elevator... he hit 5...
"It might be crowded" she said
"Lets find out" he said calmly
"Umm I" she began
The elevator stopped and he held it open...
they walked over, he ordered espresso...
"Mocha" she said
He ordered a scone and a brownie for her
He waited to see if she pulled her wallet out... she didnt
He paid all cash...
"thanks" she said softly
Her phone rang... Akka was on the other end whimpering...
"WHAT HAPPENED?" she quickly went out of the Perk and asked
He was taking a French call by the cash register
"Enge irukke kanna?" where are u Akka asked
"Work" she said
"Oh... dont tell Amma Appa OK"
WHAT HAPPENED?" she yelled
"I am OK... Bala found a ipad in Shravu's backpack" Akka began to cry uncontrollably
"Yaaroda?" (Whose)😲
"Some kid from school its password protected, hope its not Nandu's" Akka was mortified ðŸ˜
(The session had started at DPS 5th grade, first day and Shravu had stolen!!)
"AYYYOYO!!!" said II as her husband joined her😲
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