A welcome anomaly, we would say, a Practicing Surgeon who calls himself a ‘student’, introduced the concept of managing finance to BCA and BBA students of 2022-25 – and the best part of the session was its practical pointers and solution-oriented approach.

Dr. Gupta talked about tracking one’s spending to improve one’s finances. He said that, if you don’t know what and where you’re spending each month, there’s a good chance your personal spending habits have room for improvement.

Secondly, he advised creating a realistic monthly budget suggesting seeing a budget as a way to encourage better habits, such as eating homemade food more often. Similarly, you need to give yourself a realistic shot at meeting any budget you create. That’s the only way the money management method will work.

Thirdly he talked about building up savings – even if it takes time. He suggested creating an emergency fund that you can depend upon in times of unforeseen circumstances. Dr. Gupta also stressed reviewing spending habits and considering cutting-down unnecessary expenses to hold onto more money each month.

He concluded his talk by requesting students to work on an investment strategy. Even if someone’s ability to invest is limited, small contributions to investment accounts can help in utilizing your earned money to generate more income.

In conclusion, Dr. Gupta stressed the fact that the path to better finances starts with changing your own habits. Some of these changes will be easier than others, but if you stay committed to this transformation, you’ll end up with great money management skills that will serve you throughout your life—and in the meantime, you’ll have more money in your pocket