I am into marketing for the last 8 years. No Cost EMIs have two main reasons. 1. They are great user acquisition channels. Most people sign up to Bajaj finserv because they offere no cost emi. Usually acquiring a new customer is really costly. So they subsidize that with the NC EMI option. 2. For brands, it serves as a marketing tool. The sale of Iphones shot up with attractive EMI options. So they bar the cost with the financial vendors. AS a customer you should be vary of the interest you pay. WHile saving and buying is the best option, it is not possible at all times for many. In such times, they have to be cautious while choosing the EMI options. Better than paying 16% interest over a 12 month period.
If you can stay away from loans there’s nothing like it 🙌 unfortunately for many they have to rely on debt! In such cases we should be careful about it.
Do you really need the background music? I feel that this is a distraction. I had to strain to listen to you. This is a good upload. Hope youngsters will follow this. 😍
Credit card vs health increases Kindly recheck Anand Sir's video... On priority 1. NIL Debits 2. Wants and Needs 3. Additional income source 4. Health insurance 5. Gold 250 gm (15L to 16L) 6. Short term saving 7. Long term investment (Larg cap stock) 8. Conversion of Long term investment to Fixed Assets if u do not have fixed assets 9. Stay invested and keep compounding
Hey there, thanks for sharing this. While all these 9 points look great, they may not apply for everyone. For example 250g gold is a huge ask for many in the first 10-15 years of career. Like nutrition, even financial advice should be taken tailored to our goals. The objective of this channel is to help people think and take their own decisions.
@@commonsenseTamilyoutube Hey 250 Gram gold is good idea which Anand sir suggested I Personally got benefited I reached with in 3 years - 2020,21,22 after that gold price was in peak so i didn't even bought 100mg of gold. Now that increases very well. But Anand sir didn't given time line to save 250g Gold you may save with in 10 years also. Monthly 2 grams which gives you 24 g per year and with in 10 years it will be 240 g, Still you will get good returns since you have invested in SIP method.
Hey all it was Anand sir’s birthday when I recorded this video 🎉 on behalf of you and this channel I wish him a very happy birthday ❤
Anand sir my financial inspiration...I won 1 crore assets ....only 5 years...he is good financial adviser for middle class people
that's great to know
Please Remove the background music bro. Your voices very good.
Because of Anand sir's advice my life changed positively ❤
that's really great to hear :)
Pay off your credit card bills in full every month before the due date. Only then your credit score increases.
True and keep the total spend under 20% of max credit limit.
😂😂😂 No cost EMI there is no free lunch in this world..... Hidden cost is always squeezed out from you
I am into marketing for the last 8 years. No Cost EMIs have two main reasons.
1. They are great user acquisition channels. Most people sign up to Bajaj finserv because they offere no cost emi. Usually acquiring a new customer is really costly. So they subsidize that with the NC EMI option.
2. For brands, it serves as a marketing tool. The sale of Iphones shot up with attractive EMI options. So they bar the cost with the financial vendors.
AS a customer you should be vary of the interest you pay. WHile saving and buying is the best option, it is not possible at all times for many. In such times, they have to be cautious while choosing the EMI options. Better than paying 16% interest over a 12 month period.
GST charges + processing fee is there even in no cost EMI option. Still works out cheaper I guess compared to paying cash in full.
Good info . Audio quality can be improved
still feeling credit card is bad
If you can stay away from loans there’s nothing like it 🙌 unfortunately for many they have to rely on debt! In such cases we should be careful about it.
Subscribed bro .... 👍🏻 ... As an Anand sir follower
Do you really need the background music? I feel that this is a distraction. I had to strain to listen to you. This is a good upload. Hope youngsters will follow this. 😍
Hi Sundri, got this feedback and changed it in the next few videos! Do check latest upload ❤️
❤
👍🏻👍🏻👍🏻 Video👏🏻
Thank you! do subscribe and support
Defenitly,,, Credit card is the trap dear all bros & sis
Loan vaangama vazhrathu ellam varam sir ❤️
Bgm good content
😅🙏
Learnt alot❤️ sub earned🙌
Thank you! Subscriber 200 ❤️
அருமை🎉
Initial stage la, 30k vangiyum unnala save panna mudiyalaya.. yenakku 10k than selavu😂
Commitments vary between people 😄
Keep going...
Thanks for the support :) Do check the latest videos ❤️
Also insist to check for LIFETIME FREE Credit Cards, Where Yearly charges nil.
Credit card vs health increases
Kindly recheck Anand Sir's video... On priority
1. NIL Debits
2. Wants and Needs
3. Additional income source
4. Health insurance
5. Gold 250 gm (15L to 16L)
6. Short term saving
7. Long term investment (Larg cap stock)
8. Conversion of Long term investment to Fixed Assets if u do not have fixed assets
9. Stay invested and keep compounding
Hey there, thanks for sharing this. While all these 9 points look great, they may not apply for everyone. For example 250g gold is a huge ask for many in the first 10-15 years of career. Like nutrition, even financial advice should be taken tailored to our goals. The objective of this channel is to help people think and take their own decisions.
@@commonsenseTamilyoutube Hey 250 Gram gold is good idea which Anand sir suggested I Personally got benefited I reached with in 3 years - 2020,21,22 after that gold price was in peak so i didn't even bought 100mg of gold. Now that increases very well. But Anand sir didn't given time line to save 250g Gold you may save with in 10 years also. Monthly 2 grams which gives you 24 g per year and with in 10 years it will be 240 g, Still you will get good returns since you have invested in SIP method.