Shezray Husain

Shezray Husain

A journalist turned investment banker turned entrepreneur with a keen interest in most things around her.

Money 101: Workplace matters

The workplace is somewhere we head to in order to earn money and yet discussing money in the workplace is one of the most difficult topics to bring up. Do your own thing Starting from something basic as lunch orders – in most urban workplaces the current trend is to order in and split the costs. In this situation the financially prudent individual who brings lunch from home or wants to pay exactly Rs99 for his one order of fries can find himself/herself being labeled as a bad sport, kanjoos and so on. And given that you end up spending 9-10 ...

Read Full Post

Vacation 101: Plan your trip

Hey folks, it’s that time of the year when the temperatures turn to all time highs, hair turns frizzy, moods decline before 9am and you feel that your face and the inner thoughts you are masking underneath, will be awash with a tidal wave of perspiration. With schools shutting down for the annual break and the office conversation turning to “so where are you headed off this year?” it is time to plan your escape to a brief sojourn in to a land unknown! Sounds exotic and exciting but most of us are guilty of having our holidays on repeat – ...

Read Full Post

Money 101: All women need a job

Happy Women’s Day everyone! I am amazed at how the Pakistani woman has evolved in the last 20 years. Away from the land of saas bahu TV shows, she is well aware of her rights and will not be intimidated by male co-workers. In fact, she is most likely to outperform them and get that promotion! Our mothers fought for options – so that we could choose between staying at home or going out to work. But I feel that it is compulsory for every woman to have some form of part-time, flexible hours work, even if it is not the 9 to ...

Read Full Post

Money 101: When cash ruins relationships

Amir and Kyran are college buddies; they shared the proverbial dhabay ki chai during their skint student days and were quite comfortable sharing their monetary (or lack of) woes. Three years after graduation, Amir is a rising star in a leading investment bank and Kyran is a do-gooder in the non-profit sector working for the betterment of Pakistani women. Sheer finances have managed to complicate this relationship which has survived difficult parents, three break ups, erratic bosses and so on. Kyran’s income is roughly half of what Amir takes home. While she does enjoy going to fancy restaurants once in a while, ...

Read Full Post

Money 101: The lowdown on monthly installments

You know you have money managing issues when you resort to borrowing Rs500 from your maid at the end of the month. Living the urban upwardly-mobile middle class lifestyle is a dream for many and the source of income for businesses ranging from fast food to electronic dealers.  And what I am going to harp on about today are the dreaded monthly installments. Picture this: Ayaz and Aziza are a newly married couple living in one of Karachi’s many high rise apartment buildings. Both are working in the corporate sector and together bring in about Rs150,000 (which is possibly the ...

Read Full Post

Money 101: Getting down to business

If I was to do a spot poll and ask a hundred odd people whether they wanted to work for themselves or someone else, 95 per cent would choose being their own boss over job security and the luxury of forgetting about work when the clock strikes 6pm. But for every person who dreams of owning a quaint bookshop, a café by the sea or any other small scale business there are 10 others who will never get around to starting it up. Small businesses are the backbone of any economic system, often owned and managed by families, they continue ...

Read Full Post
December 31, 2010
TOPICS

Money 101: Your fiscal New Year’s resolutions

Dear readers, by now I feel like a strict school headmistress telling you what to do and not do vis a vis your hard earned cash. So my New Year’s resolution is all about making saving fun for you! But since a girl’s gotta do what a girl’s gotta do, before I conjure up fun ways of saving the moolah next week onwards, I present my Top New Year’s Fiscal Resolutions! 1. I will not keep any more than two credit cards The first card would be for my daily petrol filling, coffee buying and grocery shopping needs. And, the second will ...

Read Full Post

Money 101: Can your bank balance afford college?

An impending new year means new beginnings and if most of us could go back in time we would possibly start off with the beginning of our college years or ‘A’ levels onwards. Being a fan of equal opportunities it irks me to see commercial banks roll out cheesy advertisements where a grey haired couple is seen beaming at a son wearing a graduation cap and a daughter wearing a bridal outfit. What if the daughter wants to become a chemical engineer and all the son dreams of is his Deepak Perwani sherwani? But either way, college education is something ...

Read Full Post
November 27, 2010
TOPICS

Money 101: How to make some extra cash from home

The first rule to increasing your bank balance is saving. Last week I presented a few home remedies of making your rupee last longer. But money rule number two is far more exciting as it suggests increasing the family income – extra earning not only means extra saving but also extra spending and an overall better quality of life. Get to work Forget detailed scientific research – just browse around your local neighborhood and see the steady benefits of a two income family. They are likely to be the ones whose kids are going to better schools; their disposable income is more so ...

Read Full Post

Money 101: A beginner’s guide to saving

We are living in times of great economic distress and unless you have spent the better part of the past three years living under a rock I am sure you have felt the pinch starting from petrol to sugar prices. As a nation we are renowned for our hospitality, our generosity – in fact most of us use are likely to tell a cautious spender “Stop being kanjoos!” More often than not the butt of most overspending and monetary mis-management jokes is the fairer sex. At the work place you are likely to hear comments such as “she is only ...

Read Full Post