3 Questions for the Social Entrepreneur in the making

Starting a career in the social impact space has always been tough. You have to contemplate several variables in place, and research the field before taking the plunge. Your family and friends question your decision. Your parents, relatives, and even close friends try to dissuade you from getting into the non-profit sector. However, a lot has changed over the years and horizons have widened for young professionals and students looking to make a difference in the lives of the less fortunate. While there is no better joy than helping others, it requires funds to ensure that you can sustain yourself for the long term.

Here are some of the important questions you need to ask yourself before starting your journey in the social sector.

1. How well do you understand the target demographic?

Being a social worker is a big decision that requires a variety of skills such as commitment, patience, and empathy. Social workers help people cope with their problems with a wide array of social work skills and techniques. Identifying the target demographic is key as it helps you understand their needs and plan your finances accordingly.

2. How financially prepared are you to enter this space?

Helping the underprivileged and bringing a smile to their face is a noble endeavour. Whether you wish to work with critically ill patients in healthcare facilities or underprivileged children in public schools. You need to be financially prepared to help meaningfully in the long term. The HDFC Life Sanchay Fixed Maturity Plan’s guaranteed* returns allow you to help the less fortunate around you and also provides a life cover that takes care of your family’s needs in your absence.

3. How are you going to achieve your vision with the variables in place?

Several universities around the world now offer degrees in social work, NGO management, and development studies. But the toughest challenge for people who want to enter the social sector is to ensure enough financial corpus. One of the ways you can do so is by ensuring a healthier financial future. Choosing insurance plans that provide guaranteed* returns helps fulfil your dreams of contributing to society.

HDFC Life Sanchay Fixed Maturity Plan provides guaranteed* returns that allow you to fulfil your dreams by helping the less fortunate ones. The HDFC Life Plan comes with premium payment flexibility and the guaranteed lump sum benefits help you safeguard yourself and your loved ones.

HDFC Life’s Behind The Journey series talks about the success stories of changemakers and how financial planning helped them follow their dreams. Sheetal Agarwal works as a medical clown doing the selfless job of bringing smiles to the faces of critically ill patients. She is the founder of Clownselors, a volunteer-based group engaged in medical clowning. The group performs stress management activities for patients, giving them the strength to cope with what they are going through. If you are passionate about contributing to society, you can follow your dreams by investing in a savings plan.

* Provided all due premiums have been paid and the policy is in force.

ARN: ED/08/22/28513