A few months back, my uncle called me in a bit of a panic. He’d just got his retirement payout—a decent lump sum—and three different relatives were giving him three different pieces of advice. His brother-in-law said “buy gold, beta,…
A few years back, I opened a fixed deposit with the money I got as a year-end bonus. I felt pretty proud of myself, honestly. I’d finally done something “responsible” with extra cash instead of blowing it on a new…
A few years back, I logged into my bank account expecting to see a nice little bump from the interest on my fixed deposits. Instead, I noticed the amount credited was lower than what I had calculated. I stared at…
Three years back, I opened my net banking app to check my FD maturity amount, and I genuinely thought there was some error in the bank’s system. The amount credited was almost ₹4,200 less than what I had calculated using…
A couple of years back, my dad called me up one evening, sounding a bit panicked. He’d just renewed his FD at the bank and the relationship manager had quietly upsold him into some “FD plus insurance” combo product. He…
My dad handed me a cheque on my birthday and said, “Don’t spend it. Put it in an FD.” I was 24, mildly offended that he thought I’d blow it on something silly (he wasn’t wrong, to be honest), but…
A few years back, my dad handed me an envelope with ₹50,000 in it and said, “Son, put this in an FD, don’t waste it.” I was 23, I had just gotten my first decent paycheck bonus, and honestly, I…
