Latest news with #Finance_Bareek
Time of India
2 days ago
- Business
- Time of India
He bought a Gurgaon flat in crores but now it ruins his weekend peace, even in Canada
Buying a home is often seen as a rite of passage—proof that you've made it. But what if that very milestone turns into a chain around your freedom? A recent post by CA Nitin Kaushik on X (formerly Twitter) is sparking conversation online for highlighting a growing reality many Indians face: how a dream home can silently turn into a long-distance liability. In 2017, Kaushik's friend proudly purchased a ₹1.1 crore flat in Gurgaon, backed by an ₹85 lakh loan. It was hailed as his first major asset—a moment celebrated by friends and family alike. But five years later, life took a turn. He received a lucrative job offer in Canada and moved abroad for a better future. The one thing that didn't move? The flat. Fast forward to 2025, and his weekends now look nothing like the peaceful life he imagined. Instead, they're filled with WhatsApp tenant complaints, rent follow-ups, society dues, and property tax paperwork. The once-prized possession has become a logistical mess—one that ties him down, even from across the world. 'Passive income?' Kaushik writes. 'More like passive frustration.' by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Bangladesh: Unsold Sofas at Bargain Prices (View Current Prices) Sofas | Search Ads Search Now Undo — Finance_Bareek (@Finance_Bareek) The post has struck a nerve among many Indian professionals, especially NRIs , who are realising that real estate doesn't always guarantee financial peace. From delayed rentals to maintenance hassles, what begins as a badge of success can morph into a burden. Kaushik's advice is blunt but necessary: before buying that 'dream flat,' ask yourself—are you truly buying security, or just committing to years of stress paid in EMIs?
Time of India
14-05-2025
- Business
- Time of India
Financial independence: CA suggests how to start consultancy from home with zero clients and zero investment
Think you need a fancy office or a fat bank account to launch a consultancy? Think again. In a world obsessed with flashy setups and massive investments, Chartered Accountant Nitin Kaushik is here to remind aspiring consultants of one powerful truth: starting small from home is not just possible—it's profitable. His viral post on X has struck a chord with thousands, offering a step-by-step breakdown of how everyday skills can turn into full-time income, all from the comfort of your living room. CA Nitin Kaushik recently took to social media to simplify what many overcomplicate—starting a consultancy in India. According to him, you don't need swanky office space, hefty capital, or even a website to begin. What you really need is just three things: a skill that people value, proof that your advice works, and an easy way for people to reach you (think LinkedIn, WhatsApp, or email). The formula is straightforward. First, identify your strength—be it marketing, law, HR, finance, or even something unconventional like career counseling. Then, offer your services to a couple of clients for free. Use this phase to deliver results and gather testimonials. These early wins are your credibility. — Finance_Bareek (@Finance_Bareek) Next, get registered as a sole proprietor. For most consultants, basic GST registration is more than enough. You don't need legalese or bureaucracy to block your progress. Once you're up and running, use free tools like Google Docs for documentation, Zoom for meetings, and WhatsApp for quick client updates. There's no need to invest in pricey software or office rent when free digital tools can get the job done efficiently. The game-changer? Don't charge by the hour. Charge based on results . Clients care about outcomes, not clock time. This also allows you to scale faster and value your own expertise more effectively. To prove his point, Kaushik shares a real-life story of a friend from Indore who started guiding students with career advice. What began as a passion project soon turned into a full-time income stream—all from home, with no fancy trappings. He also emphasised that anyone can start. But all it takes is that first step.
