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Mind on the money
Updated On: 11 May, 2020 09:45 AM IST | Mumbai | Dalreen Ramos
The global economic slowdown will make it tougher to navigate financial decisions. Experts tell you what to spend on and where to save
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It's like a war broke out," Savio Fernandes says, in an attempt to make sense of the times. "We're being extra cautious indoors and once we step out, we hope and pray that we come back uninfected," he adds.
The Vakola resident, an independent consultant and former executive director at JP Morgan & Chase, anticipated the depth of the crisis in early March. He sold his equity investments, despite an opportunity loss. Having promoted well-being in his corporate training sessions, Fernandes, 51, was able to keep calm as the global economic downturn unfolded.
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