CapitalClues Profile picture
Feb 23 13 tweets 2 min read Read on X
The problem with modern family structure in traditional family, if both are relatively in 30s,the chance of more than 1 kid is nill, if both are relatively in 20s, the problem of <kids is avoided but now the problem is having enough compounding of savings before children college!
The previous generations avoided this by ensuring age gap of 10 to 15 years between the genders during marriage so that an even a poor man has chance at providing good education or business to next generation all be it limited than the wealthy
This is no more possible in modern times, the govt compensates by providing free education and health in developed countries
However even in developed countries the measures did not inspire confidence and people are marrying in later ages clearly
In india people marry early often without deep thought due to the social dynamics etc and material discover these problems
There is no simple solution, an upper middle class person can forego some life goals like buying house car etc and instead take care of children education but same not possible in lower middle class and working class clearly where the only option is to depend on luck
The alternative is to provide the lesser education as feasible when kids in 18 to 25 age and if having some earned money later when kids in age of 30 to 40 help them with skill or business development or atleast for their children raising etc depending on max bang for buck!
Trying to maxise income via business when in lower age is another option but it can cause losses or backfire in terms of job security if done in salaried job
Clearly there needs to be increased awareness about atleast having 10 to 15 year saving before marriage for men!
Disclaimer, does not apply to men with wealthy background!
@freefincal any thoughts on this dynamics
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More from @GeekInWork

Feb 8
Interesting even if assume us IT service mnc makes 20 percent more than this it would be 55 lakh max and if they had to allocate 20 percent for profit, 20 percent for office, facilities like internet security cab canteen costs then they will be left with 25 lakh per emp sal
And it would be like 28 lakh per emp sal in ctc which again would be distributed based on experience obviously and not be uniform
However I am being extremely conservative on the profit margin and other costs, there are bench and non technical role overheads in big companies
Read 8 tweets
Jan 10
Currently indian govt trying to sacrifice the currency to minor extent to save the economy to major extent which is the most stupid move in high interest rate Era in developed countries, stay with me for few mins, let me break it up to primary school math !
The govt could fail miserably like our neighbours and pivot to sacrificing the economy to minor extent and saving the currency to major extent if the usdinr nosedives like pak or srilanka, we have higher mean reversion risk than pak Lanka, let me come to that shortly
In this process the govt could destroy both the currency and the economy, the classic low income trap in economics that happens for nations
Read 13 tweets

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