In the last 20 years of my professional life, I have seen that every person has a time. This rule has worked without fail. Let me explain what I mean. There is a time that comes in everyone’s life. A time where he is going to think that he needs advise, a time where he is going to think that he might need money or a time where he thinks... I need to take a good decision.

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Until such time as it does not come, you don’t take any action. It is unfortunate, it is ironical but that’s the fact. Plain and simple. You may call this a moment of truth.

I have had several examples, when somebody meets me and then obviously nothing happens and then one fine day after two years, suddenly there is action that comes in, suddenly there is an investment that he feels like doing or suddenly he feels like getting his financial planning done or he feels like getting some advice on his asset allocation.

It just happens and I guarantee you there is this time that comes in everyone’s life without fail. You may not have met the right person to give the right advise and therefore, you have not have invested.

You may not have got the right product, you may not have got the right stock and you may not have come across the right mutual fund to invest. It’s really spooky, but it just happens. It’s strange, yes it is, very strange, but everyone has a time.

There is that time that you will be able to buy a property, there is that time where no matter how hard you try you will not even be able to save even five rupees. There is that time where you will suddenly be able to save, invest, you will make so much profit and your lakhs will turn into crores.

We have seen all this. I have experienced all of this, it's live, this has happened in front of me.

Once upon a time, I used to feel that I am disappointed that somebody is not investing when I spent about an hour or two talking to them. But now I think, oh dear, if they didn’t invest and I was giving them good advice, I don’t know when their time is going to come.

People come and sometimes they come in and unfortunately they press the eject button too soon. They are not patient, they do not have the furtherance to wait for a while and are very very timid. Maybe you were sceptical at that point in time. But all these things suddenly and magically happen one day, with whom, when and where is hard to say. But I want you to take a message.

Trust, just one thing… your time will also come. Don’t sweat about it, don’t feel depressed about it, don’t try and be living with anxiety all the time. If you are not able to save right now, it’s ok, don’t worry, just get your health insurance and life insurance in order. Just buy the cheapest products, just buy the bare minimum, do the bare minimum required, keep some reserve fund, keep a little fund in your deposit or fixed deposit or something, just in case of a rainy day. I mean do basic things, do simple things, don’t sweat about the complex things.

When you hear your inner voice telling you, “Look we need to do something about money, at that point in time don’t procrastinate, perhaps even its an indication that you need to act now, that your time has come.” But then again, there is a very good chance, it’s ironical, you might procrastinate and in that, that opportunity will go again.

But again don’t sweat about it, because once again that opportunity will come. Sometimes it might get too late, you might sort of know that awakening would come but at that moment you are 50 or 55 years old. But hey… what the hell, you are not going to die tomorrow, right?

You still have many years to go… so when you hear that voice, Please try and act Immediately.

Kartik Jhaveri is an expert at planning money, life & aspirations. He is a Certified Financial Planner, Wealth Manager & Financial Freedom Coach.

First Published:Sept 1, 2018 12:02 AM IST