RESUME APPLICATION PAY PREMIUM
Fund Performance

Fund Performance

Knowledge Center

Knowledge Center

About Us

About Us

Tools and Calculators

Tools & Calculators

Quick links

Mobile (Download app)
  • Webpages
  • Documents
  • HDFC Life ClassicAssure PlusInvestment
  • HDFC Life ClassicAssure PlusInvestment
  • HDFC Life ClassicAssure PlusInvestment

For NRI Customers

(To Buy a Policy)

(If you're our existing customer)

For Online Policy Purchase

(New and Ongoing Applications)

Branch Locator

For Existing Customers

(Issued Policy)

Fund Performance Check

RESUME APPLICATION PAY PREMIUM

What do you want to do?

Quick links

Mobile (Download app)

Download HDFC Life App

Buy plans, track your policy, make renewal payments & monitor fund performance with HDFC Life App, Download Now!

Apple Logo Go to Google Play Store

Learn How to Manage Your Finances by Payal Khandwala

down-arrow
October 23, 2017
 

Payal Khandwala believes hard work is important when it comes to following on'es passion, but taking time out to enjoy life is equally necessary. We take a look at how she's able to follow her heart both as a designer and as an artist, while also managing her family and finances.

For an artist of any kind, it's incredibly important to stay true to your art above everything else. Unfortunately, it today's world, it isn't always possible to chase your dreams while also earning enough money to make ends meet. Luckily, Payal Khandwala , the creativity in her DNA together with her parent's support made it possible for her to reach beyond the horizon.

As a child, Payal's clothes were mostly made by her mother, and this is perhaps what encouraged her to make clothes for her dolls. As she herself says, My mother sewed my clothes when I was a child, as did my grandmother for my mother. So in a way it was in my DNA... She also watched her mother paint, and that's when her love for creating art blossomed. Payal grew up and pursued a degree in fine arts in Mumbai, but it wasn't enough to satiate her creative soul. She wanted more, and she moved to New York in 1995 to study illustration and fine arts at the Parsons School of Design.

Payal excelled in her work, and her senior year thesis was exhibited at a gallery in New York. However, to be able to make rent, she had to take up a full-time job that took her away from her art. She wasn't ready to give up her passion though, and came back to Mumbai in 2002 to chase her dream. Today, Payal's artworks are mostly done on a consignment basis, while her main focus is her eponymous clothing label that she launched in 2012.

Payal has managed to strike a beautiful balance in her life when it comes to work and play. Despite the fact that being an artist and a designer takes up a lot of her time, she also makes sure she enjoys life. To her, spending time with her family, looking after her pets, watching a movie, and travelling are just as important as doing a good job at work. She gives voice to her thoughts quite eloquently, I think if your priorities comprise a well-rounded life, then the dramatic hurdles and an angst-ridden worldview is a bit of a clich.

Payal understands that along with money, patience, discipline, perseverance, hard work and a bit of luck have all helped her achieve the success she enjoys today. Her journey was quite organic, and while she never really had a set goal in life, she feels it's important to visualise your dreams and be honest with yourself. She adds, It also helps to be realistic, and to be your best critic and competitor. Having a point of view that is considered and [is] authentic can be your biggest differentiator.

When it comes to managing our finances, we can learn a thing or two from Payal. As with life, we need to learn how to balance our finances. While saving is important, we shouldn't have to cut costs by sacrificing everything we want today for a more secure tomorrow. Sometimes it's alright to splurge on things you love, as long as you have an understanding of how much you need to put away at the end of the day. With a good savings and investment plan, you can prepare your financial future, without compromising too much in the present.

Show Full Article
Hide Full Article
Payal Khandwala: From Dreamer to Designer

Term Plan Articles Term Plan Articles

Investment Articles Investment Articles

Savings Articles Savings Articles

Life Insurance Articles Life Insurance Articles

Tax Articles Tax Articles

Retirement Articles Retirement Articles

ULIP Articles ULIP Articles

Health Plans Articles Health Plans Articles

Child Plans Articles Child Plans Articles

Popular Calculators Popular Calculators

Francis Rodrigues Francis Rodrigues

Francis Rodrigues has a decade long experience in the insurance sector, and as SVP, E-Commerce and Digital Marketing, HDFC Life, manages the online sales channel, as well as digital and performance marketing. He has had hands-on experience in setting up sales channels and functional teams from scratch over a career spanning 2 decades.

LinkedIn profile
Author Profile Written By:
Vishal Subharwal Vishal Subharwal

Vishal Subharwal heads the Strategy, Marketing, E-Commerce, Digital Business & Sustainability initiatives at HDFC Life. He is responsible for crafting and ensuring successful implementation of the overall organisation strategy.

LinkedIn profile
Reviewed By Reviewed By:

Here's all you should know about life insurance.

We help you to make informed insurance decisions for a lifetime.

Preserving Your Investment: How New Tax Rules Affect Real Estate Sales Before 2024

Preserving Your Investment: How New Tax Rules Affect Real Estate Sales Before 2024

Discover how new tax rules affect real estate sales before 2024, impacting capital gains, deductions, and property transactions. Stay informed for smarter decisions.

Financial Freedom for Women Entrepreneurs: Unlocking Success with the 50-30-20 Strategy

Baby Steps to a Secure Future: Financial Planning and Wealth Management

Charting New Beginnings: Financial and Mental Well-being for Single Parents

Essential tips and strategies for enhancing both financial and mental well-being for single parents, empowering you to thrive and support your family.

Charting New Beginnings: Financial and Mental Well-being for Single Parents
Sapan Verma: Life in the Funny Lane Previous
Plan better to live better Next
HDFC life
HDFC life

HDFC Life

Reviewed by Life Insurance Experts

HDFC LIFE IS A TRUSTED LIFE INSURANCE PARTNER

We at HDFC Life are committed to offer innovative products and services that enable individuals live a ‘Life of Pride’. For over two decades we have been providing life insurance plans - protection, pension, savings, investment, annuity and health.

Popular Search

Popular Searches