The Dream of a Farmer Family:
In the peaceful village of Gadgi near Nashik (Maharashtra), Ramesh Patil earned his living by growing grapes. His biggest dream was to see his daughter, Ankita, become a teacher one day. But farming income was never steady—sometimes high, sometimes low—and education costs kept increasing. This made her future a constant worry for him. With no knowledge of savings or financial planning, Ramesh felt lost about how to turn his dream into reality.
Everything took a new turn when Ramesh attended a community camp organized by the Hiremath Foundation. There, he came across a representative from Fair Deal Wealth Advisors, guided by the celebrated finance expert Varun Hiremath, who has his own unique approach towards wealth management. That one meeting became the starting point of a positive change in the life of the Patil family.
Step 1: Understanding Aspirations, Not Selling Products:
At Fair Deal Wealth Advisors, Varun Hiremath and his team believe in building trust before anything else. They don’t rush to sell financial products. Instead, they try to understand what people truly want in life. When the advisors spoke with Ramesh, the discussion began with simple everyday questions that really mattered. They asked him about his family, his dream of life, and his future goals.
- What does Ankita want to do in her career?
- When does Ramesh expect to use the money?
- How much can the family comfortably invest each month?
Ramesh liked this new way of thinking, as he had never planned for the future so compactly before.
Step 2: Crafting a Tailored Financial Plan:
Varun Hiremath and his team helped Ramesh create a simple and practical plan.
- Investment Strategy: Putting ₹500 each month into a balanced mutual fund for 10 years using a SIP (Systematic Investment Plan).
- Goal Alignment: The investment was timed so that the money would be ready when Ankita finished her 12th grade.
- Annual Reviews: Every year, during the off-season, they would review the plan to make sure it still fit the family’s goals and the market situation.
Ramesh saw this plan as growing a “second crop,” this time for his daughter’s future education.
Step 3: Monitoring and Encouraging Consistency:
The Fair Deal didn’t just make a plan and leave it. Every year, during the grape harvest break, an advisor would meet Ramesh to:
- Tell him how his investments are growing.
- Explain why it’s important to keep putting money in, even when times are hard.
- Gradually raise the SIP amount over time to match rising costs and higher education expenses.
This relationship was more than just financial advice—it helped Ramesh learn and feel confident about handling his money.
The Importance of Financial Literacy for Rural Families:
In many villages, families don’t have access to proper financial education or tools to plan ahead. Under Varun Hiremath’s impactful leadership, Fair Deal Wealth Advisors is helping fill this gap. By teaching basic financial skills and guiding simple planning, they’ve shown families like Ramesh’s that small and regular investments can lead to long-term success.
Why It Matters:Varun Hiremath is an experienced financial expert. He believes that understanding the value of money is the key to helping rural families become self-reliant. He knows that money is important for families with low or irregular income. Simple ways, like SIPs, can help them save for a child’s education or their future. Learning this helps families manage their money better, even if they don’t earn much.
The Role of Community Engagement:
Fair Deal Wealth Advisors helped not just individual families, but entire communities. Ramesh’s story is one example of how the Hiremath Foundation teaches rural people about financial planning through community camps.
Why It Matters:These community camps help people with little money or knowledge learn about financial planning. In this way the Fair Deal Wealth Advisors builds trust and teaches the communities how to plan for a secure future.
The Power of Small Investments:
One important lesson from Ramesh’s story is how small, regular investments can grow. He started with just ₹500 every month in a SIP. This may seem like a little money, but over time, by adding regularly and letting it grow, it became a big enough amount to pay for Ankita’s education and future dreams.
Why It Matters:Many people think you need a lot of money to start investing, but that’s not true. Ramesh’s story shows that even small amounts can make a big difference over time. What matters most is investing regularly and staying consistent, not the size of each investment. Small, steady investments often work better than waiting to invest a large sum later.
The Outcome: A Dream Realized:
In 2024, Ankita completed her 12th grade. The money saved through the SIP was enough to cover the expenses:
- The money paid for her D.Ed (Diploma in Education) course.
- She bought a second-hand scooter for her daily travel.
- She got a new mobile phone for her online studies.
Ramesh now proudly says: “My daughter now calls me her first investor.”
Key Takeaways:
- Financial Planning is for Everyone: Financial planning isn’t just for rich people. Families with small incomes can also benefit from regular, long-term investments.
- Consistency Over Time Beats Guesswork: Small and regular investments usually give better and more reliable returns than occasional big ones.
- A Good Advisor Educates and Empowers: Good financial advisors, like Varun Hiremath, don’t just sell products. They help their clients learn and make smart choices.
Fair Deal Wealth Advisors – Empowering Real India:
Varun Hiremath’s Fair Deal Wealth Advisors offers simple and honest financial advice to everyone. They help farmers, teachers, and small business owners reach their goals with plans made just for them.
Whatever your dream, Fair Deal can help make it real.
Begin your journey today with Fair Deal Wealth Advisors.
