First salary
-A short story -
It was a fine Friday evening; the
bare earth cooked in july rain spread its fragrance fresh into the humid air
and diffuse itself with the aroma of fried ‘pakoda’ in almost all the snack
stalls overlooking the gutter of the narrow street. Sun had already set when
Gopal crossed the street, took a right turn and hurried to reach his apartment.
All the way home from office, he was unusually swift, unmindful of the mud
splashing over his trousers punishing his old, torn and mended shoes. Chennai
is not the right city for rain, it just gives away; the conglomeration of rotten
vegetables, mud, gutter, overflowing drainage, mosquitoes, filth, flooded
slums, epidemics, quite a nightmare month for the corporation officials. Few
suffer, and many enjoy the rain. Gopal almost slipped near the market stamping
upon the rotten tomatoes and plantain leaves. Unmindful of the difficulties, he
rushed home. As he ascended the stairs, his heart beat rose, he noticed the
pathetic condition of his shoes when he removed it, thought that he should buy
a new set, but immediately postponed the idea ‘it can go for two more months, I
shall buy after rainy season’. Before he dwelled further on the thoughts, he
was joined by his parents and sister beckoning him inside. The joy of the cute
small family was ineffable, for it was the first salary day of Gopal and it
definitely deserved the joy and celebration joined by the heavy rain outside. The
celebration included a special sweet from Kaveri (Gopal’s mother) and an
additional hour of prayer in front of the deities for his long life and health.
Gopal washed his hands, changed to ‘dhoti’, prostrated before the gods caged in
wooden frames and then before his late grandparents adoring the weathering
plaster of the wall in a black and white portrait and finally before his
parents. All the while, he was feverishly holding his salary slip, a mark of
achievement, an entry to take the baton later from his father in a never ending
relay race. Kaveri looked at her son with delight, a series of past events
since his birth ran before her eyes and she prayed god again with closed eyes
for the everlasting happiness. Subramoniam, quite accustomed to his accountant
profession for the past three decades, adjusted his rims and carefully went
through the numbers of his salary slip “they haven’t mentioned the P.F account
no. in the slip”, Gayathri interrupted with two bowls of sweet prepared by
Kaveri, “Appa, you carry out your research with the salary slip later. I can’t
stand the sight of kesari (sweet) anymore, common Gopal, this is for you”. The
room filled with laughter and the china clay bowls reserved for VIP guests and
special occasions went into the sink after repeated fillings. Gayathri took a
spoon and started scratching the edges of the vessel for the left over kesari.
When
all of them assembled in the hall, with joy choking their words, Subramoniam
said, “I still remember my first salary, Rs.400 in an envelope. I never took my
hands out of the envelope fearing pick pockets till I reached home. It was
quite a ceremony then. Ah! I forgot something” , he took a parcel with a cheap
polythene wrapper excavating his office bag, which is a safe deposit of almost
everything from stationeries to medicine, few marriage invitation cards etc . “This book on investments is a must read for
anyone before his first salary; no one gave me such advices. I learnt it
myself. But the author..”
“Oh!
Common, why do you want to bother my son on the very first day? You are anyway
there to guide him in these matters and cant you spare him to enjoy now?”,
Kaveri intervened Subramoni. Gopal received the book with great respect, like
he respected his father, whom he believed knows everything about life, culture,
savings and investments. When Subramoniam started his career thirty years back,
all he had was a single salary, aged parents, two unmarried sisters and a huge
debt due to his five married sisters. From those humble beginnings, he had
fought his way out and now proudly owns a single bedroom apartment, one of his
life time dream and achievement. However meager his economic achievements may
be, to Gopal, his father is better than Bill Gates or Warren Buffet. He would
like to continue his father’s legacy of planned living with frugality and
contentment.
“We should not touch his salary except for the repayment of
his education loan, we should save everything. Bhgavathy mami has taken a gold
chit in G.R.T Jewelers. I went through the brochure; it’s a monthly chit of two
thousand rupees and lot of benefits. Similarly, opposite house Sridhar family
regularly invests in ‘Shriram chits’. They say that we will get 2 lakhs in two
years for a payment of approximately 1.6 lakhs. Both will be useful for
Gayathri’s marriage. What about a plot near Guduvanchery? Can you ask our
friends for suggestions? Your salary is hardly sufficient for home loan and
other expenses. Ah ! I forgot, I have to send Rs.101/- money order to ‘namakkal
anjaneyar’ temple tomorrow”, Kaveri spoke uninterruptedly with excitement.
During dinner, she submitted another proposal of finishing the home loan
supplementing Gopal’s salary and then start savings after a year. She had her
fifth revision of financial plan for Gopal’s salary when they went to bed.
Sunday morning it was Krishnamurthy at the bell.
“Namaskaram, I was expecting you, Kaveri, two coffees“, Subramoniam welcomed him in. Krishnamurthy, an LIC (insurance)
agent lived in the same apartment and is known to Subramoniam’s family for
quite some time. “You may know Krishna; Gopal has started earning, so I thought
its time to take an insurance policy for him. We need to guide him for savings,
for till last year he only knew about school and studies”.
“Yes,
yes , the right decision, I would say. How many children are blessed with a
father like you ?? !”, Krishnamurthy continued after a small pause, “These
days, youngsters get lot of salary, their parents don’t care what they do with
that and they spend every penny in movies, bikes and other unnecessary
luxuries. They realize their mistakes often late in their life. Subramoni, you
are doing a wise thing and I should congratulate you for an astute son like
Gopal who listens to his parents. Obedient kids are rare these days, you know”,
Krisnamurthy smiled and pleased Gopal, his client and Subramoni, his client’s
controller both simultaneously. He knows his ways of business and his skills
are anything but talking, but he survived and met his ends in this insurance
agent commission. Kaveri’s filter coffee diverted Krishnamurthy’s conversation
to her “Kaveri amma, its as if yesterday Gopal was playing cricket in his
shorts and today he’s a big man and I’m only his humble servant”. Kaveri was
definitely flabbergasted at this dialogue, which he might have recited 1000
times to his new young clients, with the same emotion and not once did it fail
to make an impact. A visibly pleased Kaveri, proud of her son, offered an
additional plate of snacks and told “Please, advise him properly, he’s but just
a boy”.
“Do you
need to tell this to me amma? You know me very well. I don’t do this as a
business. I do this as a service. To me, the welfare of my clients is the first
priority. I would say its only god’s mercy that whoever took a policy with me
prosper very soon in front of my own eyes; you know the Saravanan of Canara
bank isn’t? He took a policy and within three years he bought a new house. I’m
a staunch devotee of goddess Lakshmi and I pray everyday for my clients in
front of the deity. Don’t worry Gopal has a bright future. His face says that
he is a blessed one”.
This is
Krishnamurthy’s trademark dialogue and everyone including Kaveri at the present
moment bought his spiritual sincerity for his clients. Never once anyone
bothered to think why the goddess who has granted everything to krishnamurthy’s
clients hasn’t given him anything but to own an old bicycle. Sure, he has an
explanation, but no one has asked him and he never had an opportunity to unveil
the mystery.
Subramoni, a man of details justified his accountant
profession by scrupulously going through all the policy details, their
benefits, bonus, minimum guaranteed returns, risk analysis and other details. By
the end of coffee, he filtered three policies and discussed the technical
nuances with Krishnamoorthy to choose one. Gopal was in wonder watching his
father effortlessly analyzing the financial aspects of a policy and made a
mental note that he too will learn those soon and keep up his father’s hard
work. Its true that some of his father’s friends call subramoni an idiot hard
worker, who with but professional smartness could’ve gained much more than his
cocoon single bedroom apartment. However dumb a man is, he is always the first
hero of his son and any son’s first ambition is to grow up like his father.
Gopal
was asked to sign the papers by sitting cross- legged in front of the deities;
of course Kaveri, an adept in hindu customs, believes in ‘holy time’ for any
activity had already checked the calendar and ensured that the time is marked
suitable for such positive endeavours. With every signature, Gopal felt
important and after a few signatures on the aged yellowed policy form, Gopal
became the owner of an insurance policy, like the infinite paranoids swarming
around. The weekend passed gleefully with more varieties of plans on savings,
deposits and Gayathri’s marriage.
The
only purchase Gopal made with his first month salary was a new lunch bag, which
is now hanging along with Gopal in the morning electric train. As the train
crossed ‘St.Thomas Mount’, he hardly had a space to stand, yet he noticed an
advertisement outside about some gold chit between the cracks of human
crowd and made a mental note to tell his mother that night, which would only
complicate her calculations. After the usual morning struggle, tactfully
escaping the mud splash from dashing auto rickshaws, filth flying from the
brooms of corporation workers, smoke vomited by the city buses, he finally
settled down in his cubicle allowing the air-condition to adsorb his sweat into
the humid air when a senior colleague
Kumar stopped by. Kumar has been nice to Gopal since his joining. Kumar, having
begun his life from humble background like Gopal, felt a responsibility to take
care of the new kid and Gopal too has a great respect for him. There is nothing
like having a partner with mutual respect and trust in a corporate environment,
filled with ugly politics and opportunities to pull each other down out of
impetus to camouflage their insecurity. Such gentle relations make the
beautiful looking decorated corporate hell a family and this is one such small
family who caught up on a Monday morning empathizing the
raindrop tears trickling down the weeping windows *.
“So, Gopal, did you had a party over first salary?
Is everyone happy at home?”.
“Oh yes sir, we had loads of fun”,
Gopal was referring his extra cup of sweet and his insurance policy.
“Hmm good to hear that, Money is
always good, but that always comes with a responsibility, spend wisely kid”,
despite being conscious that advices are detested, people never stop advising
even on trivial things.
Gopal smiled understandingly and
with lot of vanity explained his financial debut of insurance policy.
“Whatt ?? You took an insurance
policy ?? “
“Yes sir, Krishnamurthy mama told
that in 10 years we will get double the money and my father is not a novice to
be convinced on financial terms, he chose the right policy and I am glad that
I’ve taken the best investment option in my first salary.”
“You could‘ve discussed with me.
Which century are you living in? Insurance policies are not investment tools
and young men like you shall not depend on conventional instruments like
policies and fixed deposits. Your growth will be much faster than your money
ever does. There are stock market and mutual funds to take advantage of the
growing economy. ‘You should not work for money, your money should work for
you’”, Kumar ended his sagely advise with a quote from ‘Rich Dad Poor Dad’, which
a beginner believes a technical bible for financial investments.
“But shares and all are too much
for me, I’m not into such gambling…”, before he finished Kumar snapped him
shut, “What a fool are you Gopal !! “ and the next one hour Gopal got a free
lesson from Kumar on the investments and equity market. Gopal was mesmerized by
Kumar’s eloquence in equity market, thrilled by his home page of ICICI Direct,
trading shares on a daily basis, and Gopal didn’t fail to acknowledge
uncomfortably that there are many things in personal finance which are beyond
the reach of his father. That evening was a difficult evening for Gopal at
home.
At dinner Gopal opened, “Appa,
Kumar sir was talking to me today, he advised me to invest in equity shares and
mutual funds”
“What?? Lets not get into gambling
of hard earned money, its not for us”
Well, even Gopal responded the same
to Kumar that day morning and Gopal was then confident to convince his father,
fresh from the tons of advice and case studies from Kumar.
“No appa, its not gambling, it’s
only a calculated risk, Kumar sir taught me how to read economic times,
understand indicators, of course it’s difficult, but he guides well.. you know,
I was stunned when he showed how to transact shares and.. “, as Gopal
continued, Subramoni’s face shadowed gloomily, Kaveri recognized it in time to
interrupt, “Gopal, we will discuss later, now eat before the curry gets cold”.
When did a son took his mother’s
cue !!!
Gopal continued, “No amma, even a
pessimistic estimate of mutual funds is approximately 15% returns, which he
says double than most fixed deposits”.
Subramoni this time got really
irritated, “Gopal, you have just started earning, trust the experience of the
elders, the money gambling is not good for our family”.
“No appa, am not talking about day
trading, which may be called as gambling, we shall invest in the top 30
companies and in long term will pay lot of returns”, Subramoni completely
uncomfortable stopped him “Gopal, we should try to create something ourselves,
on our own, from the very money we earned hard, however tiny the value of the
penny is!. There lies a satisfaction of building it our own, free from the
curse of numerous people who lost their money in that stupid game. However
humble the achievement of mine may be, it’s self made and not riding on the
success of few business men. Equity shares are like cheap game, paying money
for someone whom you don’t even know and relies on his business acumen;
celebrate when the market booms believing that you have made the right choice
and lament when the market collapses, I don’t want you to get into that
nonsense”.
This time it was Gopal’s turn,
especially then he had a reply for the same from Kumar, “Appa, even our fixed
deposit is actually similar to that of shares. In fixed deposits, we give the
money to government, who in turn loan it to other business men and
agriculturists and the interest accumulated in nothing but the profits earned
from those business ventures which we have invested with government banks as
mediator. In this case, we analyze and invest directly into the right
companies. It’s more like fixed deposit in particular companies with dynamic
interest.”
Gopal lurched out exact words Kumar
shared with him that day. Even Kaveri was astonished with Gopal’s instantaneous
financial intelligence.
Gopal continued “Appa, there is a
fidelity mutual fund NFO closing this Friday. Kumar sir recommends…”
“Rascal, its one day since you
touched money and you have started advicing me, do you know the hardships I had
gone through? Do you ever respect your father’s experience and wisdom? Go get
lost, you want to believe in some idiot Kumar, who may be as novice as you”.
Even Subramoni was bit shocked
later at his sudden outburst. It was not the subject or the content of
conversation, but a feeling that the young lad, whom he had carefully adorned
within his protective wings so far, have started to act smart under the advice
of someone who is outside the family. He felt betrayed that his son decided to
chose Kumar’s words over his one. Often and mostly always, a father’s anger has
no rationale on the subject, but only such soft emotions troubles them. They
feel out of place, odd, small, dejected at the thought of negligence,
realization that their sons have grown up suddenly ahead of them and guilty in
their failure to recognize their son’s ability.
But the sons, too young to acknowledge these sentiments, on the other
hand feel disdained by their own father even for their true, good intended
requests. It’s the poor mother of the family who gets caught in such trauma
sharing both her shoulders to these two grown up kids, for both the father and
son needs her to truly open up and yet she cannot divulge the truth to either,
for it affects the balance of the relation. No one except a woman in the family
can handle such trauma and all the male chauvinists of the world should think about
the shoulders they relied on before they contemptuously bark at the faintest
appeals of feminists.
Kaveri was surprised at the
unanticipated tumult which arose out of noble intentions from two responsible
pillars of the family; she didn’t speak much till night,
“Kaveri, I know how upset you might
be, even I was, but think about this, within one day where did he get the guts
to speak against the elders. I was sad whether I failed to teach him
discipline, have I missed to teach him manners? Today I felt disastrous
and an utter failure, failed to mould a son’s character, believed his innocence
ruthlessly…”
“No, please don’t hold such deep
sentiments, I don’t think he criticized you or opposed you. He was just
attracted to the new information he got and even when he told you, he wanted to
consult your opinion. But your outburst just wounded him. Who knows what
thoughts the poor boy was having? You could have patiently explained. Even I
was sad the way you treated him. I know him more than anyone and I swear his
innocence. I’m worried how he feels now. Do you know that you haven’t
scolded him for the past two years”, no one can beat a woman in chronological
memory and cross referencing at the right moment. Even at this moment of
despair, Kaveri did not fail to mention when and where Subramoni had shouted at
Gopal and how she felt insulted when he had shouted at him in front of her
cousin. Subramoni, like all the short tempered men, yielded quicker than wax
“kaveri, go and have a word with him, give him some milk, let him sleep
properly”, no father ever had the guts to apologize to his son and it’s in a
way, good, for every son respects his father even for their mistakes and the
equilibrium of relation gets affected with such transparency in attitude.
Kaveri went to her next job, to
attend Gopal, who was silently weeping then. He had been rehearsing the evening
dialogue several times and failed to reconcile his father’s outburst. Kaveri
went to him and her maternal fragrance was just what he needed to wipe his
tears, “Gopal, shame on adults to cry.”
“You know amma, I came with lot of
anticipation that appa will appreciate my efforts. I really respect Kumar sir.
He wants me to succeed and gives me good advice. I didn’t want to let go of an
opportunity due to our ignorance. Was I disrespectful to him? Why does he feel
insulted? Didn’t I come to him for his approval, after all, am anxious of
Gayathri’s marriage expenses and our home loan”, Gopals words melted with his
sorrow, expression unclear from the jutting tears and all Kaveri had to do was
patiently comb his hairs and the miraculous strokes soothed Gopal, a
satisfaction that all is not lost and the assurance that here she is for me,
the one who lives for me, the one who is more desperate than me for my success.
She offered him a glass of milk, “Gopal, who shouted at you? its your father
only isn’t. Believe me, he is the noble
soul who cares for you than anyone in the world, he’s afraid that his son
shouldn’t take even a single wrong step. Do you think he had doubts in your
intention? I know him more than anyone do and I can promise that he trusts you.
You have to respect his experience and he may not be able to explain several
things as you are too young to comprehend, but he is always worried about you.
Kumar may be a nice man, I doubt not, and even your father doesn’t disapprove
of his friendship, he might only be worried that personal finances should be
not be influenced by others”,
“but
amma..”
“Listen Gopal, am not questioning you, you may be right, I
think father will understand that soon. Now be a good boy, the noble soul of
your father is troubled at your rash behavior of talking against him. Go and
apologize.”
Gopal was not reluctant to get up and apologize, for he is
more troubled and guilty that he had disturbed the peace and felt sorry that he
had spoken against his loving father. He went to him, stopped near the bedroom,
“appa, sorry, I didn’t intend to upset you”.
“No, don’t weep now, be a good boy and sleep well, we will
talk all these later. Go to the deity and smear the sacred ash on your fore
head to get a good sleep”, actually Subramoni needed a good sleep.
The next day, Gopal got up and everything was normal, kitchen
spread noise and flavor of kaveri’s daily fight with vegetables and spices,
Subramoni finishing his newspaper and Gayathri getting ready for her college,
running around looking for lost hair pins, missing assignment notebook and cursing
that student life is the worst only to realize later that it was the heaven
unrecognized. That’s the beauty of the family, the hatred, discomfort or any
negative feelings just get wiped away in the first tide. Everything was normal,
no sign of previous day’s sentiments except that both Gopal and Subramoni vowed
internally to correct them. And that’s why friends are there, to tell you what
exactly to do then.
Subramoni
reached his office and read “IF” poem of Kipling, a habit he imbibed under
difficult situations, much helpful at the time of annual appraisals. His friend
came in “What Subramoni, looks tensed?”. Subramoni was waiting for this, and he
just vomited the previous days incident.
“Ha, you are a stupid Subramoni, I
think you should have appreciated your son’s responsibility. How quick are kids
these days. I promise you know nothing of share markets. Encourage him to do some
mutual funds, its harmless. If you are anxious, advise him to invest less and
understand the economics. The fundamental thing in equity is you need to invest
both money and time for it. You cannot sit in office and wait for an external
enlightenment. Just stop behaving like an old brat and go get him that fidelity
mutual fund. Gopal seems wise, I wish we too were like him when we were young,
we could have made more”.
The response was crisp and short,
but it pained Subramoni’s self-ego. He once again went through the ‘IF’ poem.
He was still not satisfied. He then went through some websites, read dummies
for mutual funds, though not convinced, decided to trust his son’s wisdom and
was simultaneously afraid in doing so. Finally, he gave up and downloaded the
NFO form of fidelity mutual fund and filled his son’s details. He came home
early and placed the filled form within an envelope in front of the puja shelf,
hoping to give Gopal a pleasant surprise.
That evening, when Gopal went to Puja shelf to place an
envelope he brought, he was surprised to see another envelope. He opened the
envelope and saw the NFO form filled on his name by his father except the
signature. He smiled and kept another envelope which had a form filled on his
father’s name for a fixed deposit in Indian bank.