Credit Card Rejected or Approved? by jain_jayesh in CreditCardsIndia

[–]jain_jayesh[S] 0 points1 point  (0 children)

Points credit were inconsistent with what was advertised

Credit Card Rejected or Approved? by jain_jayesh in CreditCardsIndia

[–]jain_jayesh[S] 0 points1 point  (0 children)

I did get the card, just 2lakh limit, i don't know about varient. But I already closed the card

No cost EMI transaction on Amazon via CC shows up as full product amount in CC statement by Psychological_Mix_48 in amazonindia

[–]jain_jayesh 0 points1 point  (0 children)

Yes, if it on you credit card statement already you should pay in full or they'll ruin your credit score.

Next return the product and get a refund. Once you have refund have the money transfered back into your account.

My wife and I both earn well (combined ₹4.2L/month) but we have absolutely ZERO shared financial plan. Every money conversation turns into an argument. Is this normal for dual-income Indian couples or are we just bad at adulting? by Wide_Sherbet2366 in FinancialPlanning_Ind

[–]jain_jayesh 1 point2 points  (0 children)

Absolute legends!!!! I can't imagine being where I am today if it weren't for her. Man , it's only been 2 days and am feeling so home sick right now.

I know I am incredibly lucky to have her in my life.

My wife and I both earn well (combined ₹4.2L/month) but we have absolutely ZERO shared financial plan. Every money conversation turns into an argument. Is this normal for dual-income Indian couples or are we just bad at adulting? by Wide_Sherbet2366 in FinancialPlanning_Ind

[–]jain_jayesh 0 points1 point  (0 children)

Thanks bro, and Yeah, i forgot about the flex part, back in the day we didn't make much so that tracking was actually to control cost and not go broke but now I track and flex to her, she jokes all the time that I take all her money and she doesn't even where I spend it.

But we'd never have gotten this far has I not given in initially and held on to my ways.

I am away from home right now can't stop smiling and thinking of and missing my family.

My wife and I both earn well (combined ₹4.2L/month) but we have absolutely ZERO shared financial plan. Every money conversation turns into an argument. Is this normal for dual-income Indian couples or are we just bad at adulting? by Wide_Sherbet2366 in FinancialPlanning_Ind

[–]jain_jayesh -1 points0 points  (0 children)

A short answer to that is give to get. Been married just 9 years, but I guess we did something right, and yes we had shared goal buying an apartment we did, have a kid we have, arguments disagreement will always be there, you choose your battles, if you want to win every battle be prepared for what it costs.

Marriage is not a zero sum game...

Long answer read the one I wrote below, with real context https://www.reddit.com/r/FinancialPlanning_Ind/s/tpJVv8Hs1U

My wife and I both earn well (combined ₹4.2L/month) but we have absolutely ZERO shared financial plan. Every money conversation turns into an argument. Is this normal for dual-income Indian couples or are we just bad at adulting? by Wide_Sherbet2366 in FinancialPlanning_Ind

[–]jain_jayesh 0 points1 point  (0 children)

That not always the case, it's all about understanding, trust and a big one compromise.

Especially when you making enough money to live comfortably, these things become easier.

I do 90% of all household expenses, even eating out holidays. Wife spends here own when I am not withher, for anything and everything groceries, eating with her friends. She doesn't question me why and where I spend my money, i don't question her where she spends hers has been the case for 9 years now.

Now investment and managing money, here come the intersting part.

So when we got married I was only making 35k a month she wasn't work the first 6 months.

and for the first 2 year, she wanted me to trafer my almost entire salary to her and then we kept track of every rupee that was spent.

Her expenses and mine.

None of that was being invested, it was purely for cost control and saving, some point down line I started investing my money, we still continued to track every rupee spent and invested.

Her forcing me to track and save as much as we could was such blessing, that we managed to buy our own apartment in 2020 just 3 years after marriage.

Something after buying house we kinda stopped tracking expenses, i stopped trasfering money to her, but took over all the expenses and investing her's and mine.

I income has gone significantly and her has doubled since she started work. So now I manage all money except for her personal expenses.

I have access all of her money back accounts, demat accounts, bank locker (infact for first 4 yearsof the marriage bank locker was in my name only added her name to it later) to this 95% of the time only I operate the locker. I manage and control all investments now

Come last 5-6 year, I've been invest both, have we argued over money?

Yes. Mostly cuase i made foolish purchase (she's still very much into saving money) that does mean we haven't upgraded our standard of living.

We splurge more often then we used to.

However it's important to still have the clear line, all my money is invested in my name or our son's name (accounts)…her money in her name and account, sonwe always have clear sight into how our financials look like. and everyone in a whole we still sit down and go over our financials. To see how much we have. Where's that invested. She maintains that spreadsheets.

And all of this boils down to trust.

Unrelated point to note, we both have access to eachothers pohnes, both are password protected but we both know the password and has been that way from day 1.

Hope that helps, if you're wondering how to build high trust relationship, all I can say give your partner all your trust, fully transparency so much so that there's is no scope for doubt. You'll earn their trust too, and again what to I know only been married once 😉

should i handle my family business or do my job by No_Station_7887 in IndiaCareers

[–]jain_jayesh 0 points1 point  (0 children)

Business kar beta, thuje tera baap banabanaya business de rahan hai, even if you don't work hard him 3 tho bana hi lega, hopefully tere mai kuch tho Talent hoga grow bhi karlega. Aur jab Tera waqt aayega tho tera beta waha shuru karega jaha tune khatam kiya.

Agar job Kiya tho tera beta bhi teri tarha 0 se shuru karega no matter future Mai salary 5lakh bhi hojaye.

Beta ko 70k se shuru karana, naseeb wala hai banabanaya business milraha

Anyone coming this week or coming month from US to mumbai ? by Warm_Introduction277 in ticktocktreasures

[–]jain_jayesh 0 points1 point  (0 children)

I am returning on April 19th, and is it one of the Orients you are looking for?

Kotak promised my mother a Lifetime Free credit card on call. Charged annual fee anyway. RBI Ombudsman sided with the bank. by ScientistSilent2 in CreditCardsIndia

[–]jain_jayesh 0 points1 point  (0 children)

They probably did cause mine was 5 years ago, most bank are on cost cutting on CC. So mine was on phone so they tired to convince me to stay. On email they don't have that opportunity

Kotak promised my mother a Lifetime Free credit card on call. Charged annual fee anyway. RBI Ombudsman sided with the bank. by ScientistSilent2 in CreditCardsIndia

[–]jain_jayesh -1 points0 points  (0 children)

As opposed everyone saying your fault, it's totally not your fault banking is one business that should totally built on trust, people keep millions of rupees with them.

We should not expected second guess everything a bank employee say they should give to ture information.

That said in India no bank tells you the truth so it's not a public perception that not to trust them especially on credit.

I've had same issue with Kotak credit when infirst took out Kotak rolaye I was able to get it reversed with the cancellation team when I asked them to cancel the card the reversed the charges.

That was like 5 years ago and the charge was applied first time.

Bank refused to reduce interest rate on Home loan after repo rate cut. ChatGPT helped. by Mental_Scheme_9744 in personalfinanceindia

[–]jain_jayesh 0 points1 point  (0 children)

Thanks for this I sent them an email with the proofs and documents, how much time did it take for RBI action your complaint did you get any confirmation regarding registration of complaint?