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Be very careful. I am saying this because you said you are dealing with a life time of indebtedness. There are many reasons sometimes out of our control - but I want to say something that is not often said.
I helped my parents with the debt clearance and it did not help. My father just made newer and bigger ones. My mother refused to intervene to keep the peace.
I paid off a crore in debt and helped with the house repairs, car etc. Dad kept throwing money into a fire with a business project that did not take off.
So ask some deeper questions - is this a rope tied to a sinking ship? You may really want to confront that reality. I did not and suffer for it in lost opportunities etc.
If people who are supposed to make responsible decisions are not doing it - please ask tough questions. Because we are ingrained to help our parents out of a tight spot.
But demand responsible behaviour, otherwise you just become a new revenue stream for them with extra gratitude steps and they think they have a longer rope with irresponsible finances.
You will notice people, especially men in their last chance saloon moments take crazy financial decisions. Be aware of this phenomenon.
If you need to deal with your guilt of cutting the rope, get your parents on a good health insurance plan funded by you - just cover it.
You got their back health-wise, but if the money just keeps going missing - you need to put down terms of financial responsibility as they get older.
You can also say you will only put money in a joint account with them - where transactions need your approval. They get the financial security but you need to monitor things.
From my experience - its do-able if the sum is a few crores from a job in T1 - but think beyond just debt repayment too. You have your life too.
- Medical
- Laptop, tablet and phone
- Car
- Driver
- Amazon vouchers
- Taj/Oberoi meal vouchers
- One foreign holiday per year
- 25 days holiday per year, excluding national holidays
- Sports club membership
This will keep employees, happy, reduce attrition and attracts a better quality of employers.
https://www.ndtv.com/india-news/yashwant-varma-delhi-high-court-allahabad-high-court-judge-in-cash-pile-at-home-row-was-named-in-cbis-fir-against-sugar-mill-7981650
Law is the supreme profession.
So what’s the percentage of people suffering from this? 80% 50%
https://timesofindia.indiatimes.com/city/ahmedabad/gnlu-student-ends-life-on-campus/amp_articleshow/119189245.cms
But seriously, nepotism is a plague.
In terms of placements maybe all is well, but what about the other parameters?
Stop being such a snowflake. Just because someone criticises someone else doesn't mean they want to annihilate their rights. It is a debate. Strong language and stronger arguments will be a part of it.
I wish you the best in your journey, comrade.
maybe just general experiences of first-generation lawyers.