{"id":2167,"date":"2012-05-24T17:30:39","date_gmt":"2012-05-24T12:00:39","guid":{"rendered":"https:\/\/internshala.com\/blog\/?p=2167"},"modified":"2014-06-21T18:43:31","modified_gmt":"2014-06-21T18:43:31","slug":"managed-internship-stipend","status":"publish","type":"post","link":"https:\/\/internshala.com\/blog\/managed-internship-stipend\/","title":{"rendered":"I managed to please everyone with my first internship stipend"},"content":{"rendered":"

\"\"<\/a>Name: \u2013 Ashish Jain<\/p>\n

College: \u2014 Welingkar Institute of Management, Mumbai<\/p>\n

Interned at: \u2013 IndusInd Media & Communication Ltd, Hinduja Group<\/p>\n

How did I spend my 1st internship stipend?<\/p>\n

\n

You know how you always wonder about the day you will receive your 1st paycheck; how you will buy everything you ever wanted but couldn\u2019t; and how you will pamper yourself left, right and centre, since it is your own hard-earned money? Well, my first pay cheque was supposed to be about all that and much more until the time I received it and, boy, the entire logic went upside down!<\/p>\n

I got 7000 bucks as my first stipend. Blame it on the entire \u2018growing-up\u2019 phase or the sheer love for my folks (or maybe the fact that even I was earning money like them, ha!) that I actually asked my dad to not send me my one month\u2019s house rent amounting to Rs 5000\u00a0 (yes, yes, it\u2019s all about loving your parents, I know!) and paid it myself.<\/p>\n

A whole lot of strategy was involved while spending the balance 2k. Now everyone knows how much I love my dearest sister (and no-one knows that she gave me a brand new Levi\u2019s tee from her own first stipend), brotherhood demanded that I return the gesture (read: favour) and I bought a brand new dazzling UCB tee for her (in sale) for 500 rupees.<\/p>\n

Next I decided to get a 500 rupee note signed from my internship mentor and get it laminated as a mark of the start of my corporate journey (come on, it sounds so cool!)<\/p>\n

I was finally left with a thousand bucks. I mentally went through the list of things I always wanted to buy; sunglasses, watches, clothes, belt, et al; when suddenly I realised how much I missed my white school shoes (the ones we wore during sports lectures) since wearing those and running was the one thing I hadn\u2019t done ever since I started with my MBA. I went online and ordered a pair of impeccably white Converse shoes with a little red border all around them. They cost Rs 1100 but I got a 150 rupees discount and bagged them for just Rs 950 thereby making a net saving of Rs 50.<\/p>\n

I managed to please my parents and my sister, whom all said and done, I love more than my life. I had a cool memento signed by my mentor who was no less cool himself. I was happy with my little white shoes that reminded me of my childhood and I was almost on the verge of opening a savings account with the remaining\u00a0 Rs 50. It was money well spent!<\/p>\n<\/blockquote>\n

Was Ashish’s story entertaining? What did\/would you do with your first stipend? Tell us here<\/a> and you could win exciting prizes!<\/p>\n