Rahul Gandhi’s Advisor Warns Of Possible Tough Times, Urges People To Rethink Finances: ‘Don’t Be Too Specific About…’

People should be more careful with their money and build a strong financial backup. This advice comes from Chennai-based mutual fund distributor Muthukrishnan Dhandapani, who advises Rahul Gandhi on investments. He has suggested keeping enough savings to cover three years of family expenses.

Dhandapani said he has been warning about some possible risks for the past two years. While adding that he is no Nostradamus, he asked people to prepare for what he believes could be a difficult period ahead.

Dhandapani Urges People To Build Emergency Savings

In a post on X, Dhandapani asked people to focus on creating a large emergency fund. “Try your level best to create a safe reserve or emergency corpus that can cover three years of your family’s complete expenses.”

He also told people to avoid taking new

loans and making major long-term financial commitments. “Don’t borrow. No fresh loans. Don’t take on long term commitments like real estate or a house purchase,” he said.

His comments came as Indian stock markets fell for the second straight session. The Nifty 50 ended at 22,716.20, while the BSE Sensex closed at 72,529.07, as per reports.

He Says Job Security Should Matter More

Dhandapani also shared advice about jobs, saying people should not be too focused on finding a particular role when having a steady income is more important. “Don’t be too specific about jobs and roles. Now is the time to focus on ensuring income,” said Rahul Gandhi’s mutual fund advisor in his X post.

He suggested that workers should focus on keeping an income rather than waiting only for a specific position or job role.

He Says Tough Times Will Eventually Pass

While warning about possible difficult economic conditions, Dhandapani also said people should remember that financial crises have happened before and will happen again.

“It’s not that the sky is going to fall. The world has faced such crises in the past. It will see them in future too,” said Dhandapani, adding that his financial advice was meant to help people weather tough financial situations.

“Good times will definitely be back in the future. Such is the nature of cycles,” he concluded.

I’m no Nostradamus.

I’ve been cautioning for the last two years about some of the possibilities I saw coming.

I’ll repeat it for the nth time.

Try your level best to create a safe reserve or emergency corpus that can cover three years of your family’s complete expenses.

Don’t…

— Muthukrishnan Dhandapani (@dmuthuk) September 29, 2026

Internet Questions Whether Three Years Is Realistic

His advice received mixed responses from users. One person said that even building a much smaller emergency fund can be difficult for middle-class families.

“No disrespect to your intention, but do you know how difficult it is for middle class people to have 3 months of reserve corpus, forget 3 years,” wrote a person.

Another agreed that savings are important while questioning spending habits. “True Sir! Backup savings is absolutely needed. I wonder how people are queuing to buy latest iPhone in these times,” another said.

A third user questioned what Dhandapani might be seeing that others were not, writing, “When a seasoned investor is talking like this after two miserable years for Indian equities, perhaps the interesting question isn’t whether he’s being too cautious. It’s what he sees that the rest of us aren’t being told.”

Disclaimer: This article is based on user-generated content. The claims made in the original post have not been independently verified by News18.