Financial Planning for Elderly Parents While Repaying Loans
Priya, a 34-year-old marketing manager in Pune, called me last month in a bit of a panic. Her home loan EMI of ₹38,000 had just gone out on the 5th. On the 8th, her father was admitted for a minor cardiac procedure, and the hospital wanted a ₹1.2 lakh advance before they’d even confirm the…