Reserving my: "How I became a Millionaire by 30" story for 200K subs. So let's get there fast, yo! :) Sign up for my Newsletter ► akshatshrivastava.me/subscribe/ Linkedin► www.linkedin.com/in/akshatshr... Instagram► instagram.com/akshat.world/ Telegram► t.me/akshatshrivastava
I have a unique advise with out investing any money in stock market you can still own stocks & be a millionaire In few year's, if anyone interested to know my idea put a comment here.
Takeaway from the video: Say 1. No to expensive Cars. 2. No to buying houses in metro( Commercial properties in tier2/3 is better) 3. No to costly earphones 4. No to costly clothes 5. No to expensive coffee 6. No to costly Ott platforms Good Video overall ✌️
I am a person who doesn't buy any cosmetic products,any fancy clothes since I feel it's utter waste of money. More than money factor, I feel it's waste of energy, time and it just makes you more restless and wanting more. While most of my friends do, I felt like an outsider, trying to minimize her expenses on unecessary stuffs. Glad to come across this video and understand that this mindset will help me in long run. :)
@@deedy433 I hope Akshat will make a video on this some day. It will be really helpfull as mosy of the people invest in home properties and struggle to get returns compare to commercial properties investment.
Well I'm a soon to be 20 year old fellow looking to add people in my telegram community where we discuss more about stocks. Like long term investments and short term trading oppurtunities. If interested, you can join too. It's free. Channel name - OUR POINT Of VIEW
Identifying the right investment can help you increase your earnings and accelerate your financial goals in tremendous ways. My earnings from stocks got me out of debt.
If you read "The Toyota Way", the principles will start resonating with you. In the book, they says, stick to tools which are tried and tested. Nowadays, it is all fluff and no stuff. Btw, Levis jeans are value for money (expensive) but the pockets are really deep and good. Most of the jeans have very shallow pockets at prices lower than Levis.
For people like me in their 20s and who have recently started earning and are tempted to indulge in “look cool” stuff, this video is a saviour. I also have a question here, please let us know how can we cut on our taxes if we aren’t using property and vehicle debt as a way to do so (as highlighted in the book rich dad poor dad)?
@@zenjm6496 right that's his choice. And it's not the case that if you spend much you won't become millionaire. You have to generate more income, that's it
I am 33. So far my savings are good. But I have also spent 40% of my earnings and saved/invested only 60%. I like the brand's because they last longer.
Every time I finish watching your video I get this feeling of listening to a good friend. There is nothing pretentious about your style. Thanks for always sharing a plethora of information!
I'm 30 and although I'm not a millionaire yet, I should be a crorepati before turning 31! I agree with all 6 things you put forth in the video. Some pointers from my side: 1. I don't even own an i20 as Uber does the job equally well ;) 2. I stay away from real estate as it is something that I don't understand well. 3. I also subscribe to Netflix one or two months a year just to catch up on a couple of good shows now and then! Nevertheless I do have an annual subscription of Prime, Hotstar and Liv because they are super affordable. 4. I do own expensive Samsung buds, but only because I got them for free along with my mobile purchase! 5. I'm a coffee lover but not a fanatic to waste Rs400 on expensive Starbucks coffee. The office pantry coffee is good enough! 6. I rarely buy clothes as my 10 year old tees are just about good enough to pass off without anyone noticing how old they might be ;) Occasional purchases on Myntra do happen, mostly on my Mom's pestering since she knows how old my clothes actually are!
What's the point in living a cringy life, spend when ever necessary, not unnecessarily. That's the only thing. You dont have to be super saving all the time. Enjoy your life.
agree with some of the points.. 3 point is what exactly I do, I dont even have hotstar, only prime.. are you married BTW? because marriage is an expense even if your spouse is working and then children are super expensive..
College students like me are really Lucky to listen to all these small habits, which affect our lifes in a big way! I am really to implement all these habits sir!
Watching this Video and appreciating your thoughts was a bitter sweet feeling , bitter because it reminded me of days when I thought my grandpa was stingy , for having lived a frugal life even when sufficiently wealthy.
The hardest life style to live with is Simplicity. Those who manage to do so create a good corpus over a long period of time can live their life to the fullest....
I'm not addicted to Netflix or Prime or any other streaming platforms as such but I have watched almost all of your videos and at the same time excited for the upcoming ones too. Thanks a lot, Akshat Sir. :)
Hey Akshat! Felt really good to see this video:) Though I am not a millionaire yet but my habits are exactly the same. I don't own a car. I rely on Uber/Ola. Was planning to own a house though, but now will invest in commercial property! I don't spend excessive money on subscriptions, clothing and wireless earphones 😅 Simple living and high thinking is what I believe in 🙂
I believe if you know about stock market it would give way more returns than commercial properties but if u have a lot of money already in stocks then its better to diversify with commercial property :)
Gosh, your way of thinking about spending is exactly how I think. I prefer living in a rented flat, using Uber/Ola than owning a car, using wired earphones over the bluetooth ones mainly because I find the sound quality coming from the wires to be much better. One thing I was hoping you'd talk about, but you did not, was about the keyboard behind you. Are you into music? Would we ever get a chance to see you playing it?
@@AkshatZayn happens with me as well regarding streaming service you are talking about.. its induces FOMO effect and hence results in endless scrolling.
@@AkshatZayn I bought 12k Apple AirPods 2 just before pandemic began. They proved quite useful to me as in virtual setting(meetings) we have to attend a lot of voice/video calls and it allows me to go wire-free and I can even walk in my room while having an audio only call on my laptop.
11:15 it's a request please buy ground coffee beans, and a French press, it makes delicious coffee🤤, for a very nominal price, and is wayyyyyy better than nestle
At a age of 24 i was also a millionaire without investing but didn’t invested in anything, now im 26, will start now. By the way you are inspiring. Keep up the good job. 👏
I'm a certified personal trainer and that's a skill and knowledge I invested in. Just something that's helping me and my family lead a healthy life. You are very true in saying that investing in skills is essential. The returns might not be tangible but they can be really significant.
I am very shocked you have exactly same mindset as me. I am still a student and I have not started earning yet but the way you live and the opinions you have related money and investing it in yourself rather than wasting it is exactly same as me . I have learnt many things from your videos and you are a true inspiration. Keep making such great videos , we absolutely love your work 👌👌👌👌👍👍👍👍
I use AirPods Pro for the convenience, comfort, noise cancellation and reliability. Convenience: because they’re so portable and easy to start using, i often take it with where I wouldn’t take normally carry headphones because of the wire hassle. Thus I’m able to watch something like this on RUclips if i have some free time whole waiting somewhere etc. Noise cancellation: i have to work in a noisy environment so the noise cancellation makes it more bearable and i don’t have to turn the volume high Comfort: for the above reason i wear it all day and it’s still really comfortable Reliability: they always seemlessly connect without having to do anything manually
Your content is so helpful. ❤️ I have just one point to make. Inexpensive clothes generally represent fast fashion which is really harmful to the environment as it makes up a huge chunk of waste.
Thank you for speaking the truth! Unfortunately, the meaning of success is different in our society.Most of the times owning a home, having a nice car, wearing expensive clothes are just to impress the society. Almost 90% of the time. Thank you Akshat.
He is not saying about 50 rupees earphones, there is a good variety of earphones in the range below 500 - 1000 and they are absolutely fantastic, trust me (ps. Sennheiser)
Loved this video, especially the point about luxury car. I do have those not-to-be-named headphones. I had to spend only 10k on them after reimbursements from office. I got them because I have the other products from that company and it works well with them. Having said that those headphones last at best a couple of years after which the battery becomes too weak. So, I will most probably not be replacing them.
I've been using expensive headphones (~15k) for almost 4 years now and I intend to use them for a couple of years more. I wear about 6-8 hours every day so considering that. I think it was a decent spend for me.
As long as you use it, I think it is good spend. But, if you had bought it for just the brand's sake, then it is an unnecessary investment. Disclaimer: I use 9k worth of headphones and never ever regretted buying it. I use it at least 4-6 hours day and makes my life a lot easier.
I agree with all points, except one. Wireless earphones are a must have for convenience point of view. Of course not 18-20k. But I'm using 3k lenovo earbuds for past 2 years with almost 8 hours battery life. They're awesome and indespensible for me!
Coffee: Try continental coffee "xtra". This is not a sponsored comment. I genuinely love the coffee and it is cheaper than Nescafe :) Expensive earphones(headphones) highlights [Sony WH1000XM4]: Wireless, Noise cancellation, Good sound quality, and Multi-device connection (phone + laptop).
This is best video so far, really inspiring . To generate wealth, we must do logical and rational spending . Impulse buyers can never become a millionaire... thanks for the video
Spending is also an art. Everything cannot be equated with savings. Have a 10%rule - buy big ticket items when you can buy it with 10% or less of liquid asset. Have fun (with responsibility ) while you can - who knows about next year.
I fully concur with you on this. I am feeling guilty now for spending 9K on a wireless mouse (MX Master 3). In my defense, I use this product for 8+ hours a day and my wrists hurt less now.
You make it sound so simple but thats the hardest part in this 21st century we are filled with almost and infinite number of products and services you can think of most of it might not even have any value in your life from along term perspective but we yet tend to spend money when in posession of have adequate wealth wasting it on things that u pick up impulsively...
create a multiple streams of income.. own a house, decent car, stay debt free. Once your other streams of income(not the main one.)+ interest + dividend income is more than your expense.. after that, you can enjoy a little. So you keep saving main income and enjoy on other streams.
I own Bose Wireless Headphones worth 35000, my company gave it away to all employees. They gave an option to choose the one you referred 20000+ , but still I went with Bose. So I am happy.
It is a mindset change, there are no easy ways to do it. Start making them realise, a simple step could be start with budgeting and ask your spouse to update the things in daily basis, spend 10-15 minutes together. There would be days when neither does it, telling you from experience, have been doing this. We reduced expense by 34% :)
@8:50 I own a pair of Sony MDR wired earphones which cost around 1700 Rupees. The only reason I have them is because I'm a diehard audiophile who listens to music a lot and needs punchy bass notes. NO wireless earphones even in the range of 15-20k can match the wired quality of my Sony's. Most Airpods like products are a rip-off.
Hey Buddy, interesting question. I am someone who (almost) thinks and agrees with Akshat. I almost follow the principles mentioned in the video and I was asked the same question some days ago. 1. But what about the desires sir? - It is okay to fulfil desires that you have but not okay to fulfil the desires that advertisement/marketing has given you. The examples of the same were indirectly mentioned in the video. Akshat desires coffee, but he doesn't go for the coffee shops that reach you via marketing(Starbucks, etc). 2. Is money everything? - Yes and No. Yes, because - money is used for transactions every day and it is a resource. Learn resource management and these principles of frugality will automatically make sense to you. No, because - money is not everything. Most of the people on deathbed regret not having enough experiences, they never regret not having enough money. Personally, I feel money is a resource, learn to manage it well. These are just my opinion. Feel free to discuss or criticize. :)
My reason for owning wireless earphones is that I don’t have to hold my phone while I talk to people. Also, there are many outdoor activities I enjoy while listening to music like riding my bike and exercising which is much easier with a cordless wire. I know AirPods are really expensive but they are very compatible with iPhone. I would recommend everyone to go for a cheaper earphones because most of them give good quality sound. And if you can afford airpods, then go for it.
I really admire your video contents. Most of them resonate with my thought processes to a large extent, and in addition helps me acquire newer perspectives. Thank you for doing this on a consistent basis.
Totally relatable about car, Goa, expensive headphones, expensive phone 😂( I just don't see the point), streaming services and clothes (I do buy expensive branded clothes but use them for longer term). I order takeaway on weekends and I do spend £3 on coffee on weekdays. I am trying to cut down on those spendings.
Using Airpods pro since 2 years. Very practical and easy to switch between iPhone n Laptop. Quite handy + great mic quality with noise cancellation, very productive for me. Guess it depends on person to person. Totally worth it for me.
Hey Akshat 1:-10th completed in 2005 with 75% (CBSE) 2:-12th completed in 2007 with 61% (CBSE) 3:-BTech (EC) completed in 2013 with CGPA 5.94 (69%) at Amity University. 4:-Working at HCL technologIes since 2016 as a software engineer I will be promoted to senior software engineer within few month (total experience (4.25 years and 6 month intern) 1-Can I think to do MBA aboard (USA,Canada,UK)? 2-If I get good score in GRE or GMAT can I get admission top college in USA , Canada and UK? Please reply.
I always do that earphones thing. I find happiness in the less cost earphones like 399-499rs infact those fit very well and give nice sound effects. But my sister keeps telling that why do I need to keep replacing those during the event of damage & spend money again n again, instead I can buy ond branded expensive earphone. But till now I have never taken that step. Trust me I'm a hard core music lover and Singer myself 😅
I so so wish I had access to such information during my twenties! indulged in unnecessary expenses and never ever did I think about saving or investing. Thanks Akshat for your guidance ..Better late than never!
Hey Akshat , Its really inspiring to know that you were a millionaire by 30. May I know what percentage of that million dollar was earned by you yourself and what was the percentage of that you got from inheritance?
I think having multiple income sources can be the game changer. And for smokers and drinkers, quitting it will automatically save tons of money first on daily basis and second on the health. I want to learn investing, could you please make a video explaining the strategy to learn step by step. What resources you used? Thanks in advance!!
Reserving my: "How I became a Millionaire by 30" story for 200K subs. So let's get there fast, yo! :)
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♥️♥️♥️
I am the same SAI guy, man that barter deal is still on for physical training.
Already done ✅
Will you give training on stock market from basics to expert level concepts about stock market.
I have a unique advise with out investing any money in stock market you can still own stocks & be a millionaire In few year's, if anyone interested to know my idea put a comment here.
I'm you, you're me | My mind = Blown.
Waoh there are duplicates here
Even I made the same comment
Tu hamesha hi blown rehta h
Akshat, Mandeep - frugal bros 😎
Takeaway from the video:
Say
1. No to expensive Cars.
2. No to buying houses in metro( Commercial properties in tier2/3 is better)
3. No to costly earphones
4. No to costly clothes
5. No to expensive coffee
6. No to costly Ott platforms
Good Video overall ✌️
Just a thought : agar millionaire banke ye sab karna hi nahi hai to millionaire banna hi kyu?
@m0th it is a paid course, search in internet ir on LinkedIn you will find
Nicely presented the good way of living....
Thankyou 🎉
@@cricketIndia101 To stay millionaire :)
Moral of video : The highest level of intellect is "being simple".
I am a person who doesn't buy any cosmetic products,any fancy clothes since I feel it's utter waste of money. More than money factor, I feel it's waste of energy, time and it just makes you more restless and wanting more. While most of my friends do, I felt like an outsider, trying to minimize her expenses on unecessary stuffs. Glad to come across this video and understand that this mindset will help me in long run. :)
The best investment that we can make is investing in ourselves.
Definitely :)
@@AkshatZayn Hi Akshat, Thanks for the great video. How you buy or research for commercial properties in tier2/3 cities?
Good video. Keep posting about skill sets courses
@@praveenmishra7899 I too have the same question!
@@deedy433 I hope Akshat will make a video on this some day. It will be really helpfull as mosy of the people invest in home properties and struggle to get returns compare to commercial properties investment.
I have seen 10 of your video's the day I found this channel. Honestly this channel is a treasure for 18year olds like me or students.
Thanks a ton :)
Well I'm a soon to be 20 year old fellow looking to add people in my telegram community where we discuss more about stocks. Like long term investments and short term trading oppurtunities. If interested, you can join too. It's free.
Channel name - OUR POINT Of VIEW
By 30 you were a millionaire, I believe this channel can reach a million subscribers in the next 30 days! Kudos to you for such amazing content
it's not possible because these content do not get that appreciation.
It's million subscribers now👌
Identifying the right investment can help you increase your earnings and accelerate your financial goals in tremendous ways. My earnings from stocks got me out of debt.
Investing is a marathon, fividend stocks are tried and true way to earn passive income.
The stock market may seem like a safe bet, but might end up declining in value depending on the whims of the market.
Truly, I’m considering investing in the market but there’s plenty of research to find good stocks.
Identifying lucrative investment is tasking, Investors with a lower risk appetite should stick to basic strategies
@Scott Riley I’ve read reviews on Frost Hilda’s trades on few investment forums, how profitable has he been ?
If you read "The Toyota Way", the principles will start resonating with you. In the book, they says, stick to tools which are tried and tested. Nowadays, it is all fluff and no stuff. Btw, Levis jeans are value for money (expensive) but the pockets are really deep and good. Most of the jeans have very shallow pockets at prices lower than Levis.
Thanks ADabtU
For people like me in their 20s and who have recently started earning and are tempted to indulge in “look cool” stuff, this video is a saviour. I also have a question here, please let us know how can we cut on our taxes if we aren’t using property and vehicle debt as a way to do so (as highlighted in the book rich dad poor dad)?
if you are doing business, you can show the depreciation on Office as well as Car to reduce taxable income. If you are doing job.. no luck.
I use 70 rs earphones and that's worth it I change It after every 6 months and my friend owns a 24k rs wireless earphones and he lost them😂😂
I'm so happy that shark tank is coming to india
Indeed
You find value in your rs70 earphones and your friend find value in 24k earphones. That’s it!
@@zenjm6496 right that's his choice. And it's not the case that if you spend much you won't become millionaire. You have to generate more income, that's it
@@dreameronbike I never said anything about choice. I don't understand what you are trying to imply here!
So informative video
In 20's we can save money and invest
and in 30's we can enjoy the returns
Self investment is a best investment
I absolutely admire the spectrum of this video. It went from luxury cars and commerical properties to such relatable items! Big yay for minimalism! ✨
I am 33.
So far my savings are good. But I have also spent 40% of my earnings and saved/invested only 60%. I like the brand's because they last longer.
Never thought I would see an "as a millionaire" video here. 😂
India's Techlead xDD
Haha India's Techlead
@@ashutoshv4658 just the deadpan look is missing
Techlead 😂
Ex-Facebook ex-Google ex husband..😂😂
Every time I finish watching your video I get this feeling of listening to a good friend. There is nothing pretentious about your style. Thanks for always sharing a plethora of information!
Yes ,unsubscribed Netflix last year.. Absolutely peaceful..
I'm 30 and although I'm not a millionaire yet, I should be a crorepati before turning 31! I agree with all 6 things you put forth in the video. Some pointers from my side:
1. I don't even own an i20 as Uber does the job equally well ;)
2. I stay away from real estate as it is something that I don't understand well.
3. I also subscribe to Netflix one or two months a year just to catch up on a couple of good shows now and then! Nevertheless I do have an annual subscription of Prime, Hotstar and Liv because they are super affordable.
4. I do own expensive Samsung buds, but only because I got them for free along with my mobile purchase!
5. I'm a coffee lover but not a fanatic to waste Rs400 on expensive Starbucks coffee. The office pantry coffee is good enough!
6. I rarely buy clothes as my 10 year old tees are just about good enough to pass off without anyone noticing how old they might be ;) Occasional purchases on Myntra do happen, mostly on my Mom's pestering since she knows how old my clothes actually are!
Same!
What's the point in living a cringy life, spend when ever necessary, not unnecessarily. That's the only thing. You dont have to be super saving all the time. Enjoy your life.
agree with some of the points.. 3 point is what exactly I do, I dont even have hotstar, only prime.. are you married BTW? because marriage is an expense even if your spouse is working and then children are super expensive..
You should earn more as he is earning
@@madhutalaari Not yet! Hopefully if I find the right girl soon 😅
College students like me are really Lucky to listen to all these small habits, which affect our lifes in a big way! I am really to implement all these habits sir!
Good that you’re realising it at this age.
He became a millionaire coz he was in US for a very long time, an average Indian can't do the same with Indian salary
I just love the way, how thinking of ROI in even small things is super important bcoz these small steps will give us a major jump
This is a simple point that people miss
@@AkshatZayn how much did you pay for graduation because being a student that's the most bothering thing in terms of money 👍
@@SumantKumar-nv5hj We'd love to know about it, Akshat :)
Watching this Video and appreciating your thoughts was a bitter sweet feeling , bitter because it reminded me of days when I thought my grandpa was stingy , for having lived a frugal life even when sufficiently wealthy.
I checked the like button 3-4 times though I pressed it within 2-3 minute of the video. You really make great sense. Thank you so much....
You're doing a great job, Akshat! Thanks for coming out as a quality creator in this noisy world of overwhelming content everywhere
Kudos to you Akshat for summarizing this in a crystal clear way. "MONEY IS WHAT YOU PAY AND VALUE IS WHAT WE GET".
The hardest life style to live with is Simplicity. Those who manage to do so create a good corpus over a long period of time can live their life to the fullest....
I'm not addicted to Netflix or Prime or any other streaming platforms as such but I have watched almost all of your videos and at the same time excited for the upcoming ones too. Thanks a lot, Akshat Sir. :)
From reading your posts on LinkedIn to watching your videos on RUclips, I have learnt a lot. It really helps. Thank you Akshat.
Glad it was helpful!
You don't only follow stock market fundamentals but nice to see you following the basic fundamentals of a good life.
Hey Akshat! Felt really good to see this video:) Though I am not a millionaire yet but my habits are exactly the same. I don't own a car. I rely on Uber/Ola. Was planning to own a house though, but now will invest in commercial property! I don't spend excessive money on subscriptions, clothing and wireless earphones 😅 Simple living and high thinking is what I believe in 🙂
I believe if you know about stock market it would give way more returns than commercial properties but if u have a lot of money already in stocks then its better to diversify with commercial property :)
Be safe, you are a rare, endangered specie.
i also live similar life.. but no gf yet. Planning to buy a car only for attracting girls, not for me.
Gosh, your way of thinking about spending is exactly how I think. I prefer living in a rented flat, using Uber/Ola than owning a car, using wired earphones over the bluetooth ones mainly because I find the sound quality coming from the wires to be much better.
One thing I was hoping you'd talk about, but you did not, was about the keyboard behind you. Are you into music? Would we ever get a chance to see you playing it?
Being a millionare he is so humble to have as i20 car. U r person humble and logical at same time
Thanks a ton :)
@@AkshatZayn happens with me as well regarding streaming service you are talking about.. its induces FOMO effect and hence results in endless scrolling.
@@AkshatZayn I bought 12k Apple AirPods 2 just before pandemic began. They proved quite useful to me as in virtual setting(meetings) we have to attend a lot of voice/video calls and it allows me to go wire-free and I can even walk in my room while having an audio only call on my laptop.
The goal is to be rich not 'to look rich'
Keep up the good work akshat. This is one of the best financial channels on youtube. Love watching your videos.
The moment you realise that your fav auto channel is watching your fav finance channel!!!!!! Word!
Glad to see you here.
Buy a senheiser open back, you'll be good for years. Even though they cost more the value you get out of them is more insane.
What is that ?
@@koteswarris8949 senheiser HD 599 and series like those
@@raosiddharth4726 oh ok thank you!
It's a complicated topic , so well articulated with rational and justification , keeping it to the point yet politically correct
Loved your point about earphones. I use earphones which costed me $1.50 ~ Rs. 110. I bought them at a dollar store and they work perfectly.
11:15 it's a request please buy ground coffee beans, and a French press, it makes delicious coffee🤤, for a very nominal price, and is wayyyyyy better than nestle
At a age of 24 i was also a millionaire without investing but didn’t invested in anything, now im 26, will start now.
By the way you are inspiring. Keep up the good job. 👏
I'm a certified personal trainer and that's a skill and knowledge I invested in. Just something that's helping me and my family lead a healthy life.
You are very true in saying that investing in skills is essential. The returns might not be tangible but they can be really significant.
I am very shocked you have exactly same mindset as me. I am still a student and I have not started earning yet but the way you live and the opinions you have related money and investing it in yourself rather than wasting it is exactly same as me . I have learnt many things from your videos and you are a true inspiration. Keep making such great videos , we absolutely love your work 👌👌👌👌👍👍👍👍
I use AirPods Pro for the convenience, comfort, noise cancellation and reliability.
Convenience: because they’re so portable and easy to start using, i often take it with where I wouldn’t take normally carry headphones because of the wire hassle. Thus I’m able to watch something like this on RUclips if i have some free time whole waiting somewhere etc.
Noise cancellation: i have to work in a noisy environment so the noise cancellation makes it more bearable and i don’t have to turn the volume high
Comfort: for the above reason i wear it all day and it’s still really comfortable
Reliability: they always seemlessly connect without having to do anything manually
What stupidity u poured here
It is convenient.. but it should be priced 2000 inr at most … 20k for earphones is just madness
I agree with everything, but for me Car is more than just a utility - its a passion
Yeah!! Heisenberg
Again, common sense. Nothing else. Thanks for the content.
Glad you think so!
This man is literally what many nerds like me think will be in next few years.
Finally soneone relatable when it comes to spending.
My father does most the things you said here, and I bet he'd be really happy to see that the world is finally going his way.
"No goal of becoming a fashion influencer" we'll see about that, we'll see.
who are these people who are disliking the video..its the most practical advise that anyone could get.thanks a lot for sharing your views
I think buying land in tier 2,3 cities are also a great investment
Agri/ NA land in small tier 2 cities near big metro cities
You're an ideal person...Kudos.. you deserve to be a millionaire!
Your content is so helpful. ❤️ I have just one point to make. Inexpensive clothes generally represent fast fashion which is really harmful to the environment as it makes up a huge chunk of waste.
Feed back appreciated☝️
Let's get in touch on what'sap for more interesting insights And to build a good portfolio
Make a video on : "Self Improvement Investing" 😊😊😊 That's what I wanna see next
Thank you for speaking the truth! Unfortunately, the meaning of success is different in our society.Most of the times owning a home, having a nice car, wearing expensive clothes are just to impress the society. Almost 90% of the time. Thank you Akshat.
once you become really rich like akshat is, you stop seeking validation from poor people
@@fwefhwe4232 Either we are rich or poor, we should stop seeking validation from others. That's the whole point.
@@ExplorerSoul true, but its hard to do that before you proved yourself.
@@ExplorerSoul . Yes y care. Pepl wl comment anyways. Care hoots
Well said the difference between Investment and Expenditure !!
Akshat be like :- I'm not miser, I'm wiser.
Call quality is poor on those earphone
N also it's bad for 👂
He is not saying about 50 rupees earphones, there is a good variety of earphones in the range below 500 - 1000 and they are absolutely fantastic, trust me (ps. Sennheiser)
@@syco_Rax 💯
@@bhupenderpal6797 I am using 10k earbuds for almost 2years . It's better than buying 1k earphones every month .
From an investment coach to lifestyle coach, i am enjoying and learning. I 100% agree with you. And worthy investment of my time this weekend
Loved this video, especially the point about luxury car. I do have those not-to-be-named headphones. I had to spend only 10k on them after reimbursements from office. I got them because I have the other products from that company and it works well with them. Having said that those headphones last at best a couple of years after which the battery becomes too weak. So, I will most probably not be replacing them.
*The main drawback for car is that it can be registered through RTO for limited duration, after which its value is almost like scrap*
I've been using expensive headphones (~15k) for almost 4 years now and I intend to use them for a couple of years more. I wear about 6-8 hours every day so considering that. I think it was a decent spend for me.
I pray your battery remains good enough for that long !!
Yes
As long as you use it, I think it is good spend. But, if you had bought it for just the brand's sake, then it is an unnecessary investment.
Disclaimer: I use 9k worth of headphones and never ever regretted buying it. I use it at least 4-6 hours day and makes my life a lot easier.
Yes Anurag ur rite
@@deepakd3558 . U too r rite
Genuinely liked this video. Just shows the mindset that you have. I just adore the realistic perspective of yours.
❤
Wow Akshat! You are such an inspiration! Zayn would be so proud of his father ~
You totally changed me from being a show off.... To simple saver..Thanks to you sir
I agree with all points, except one. Wireless earphones are a must have for convenience point of view. Of course not 18-20k. But I'm using 3k lenovo earbuds for past 2 years with almost 8 hours battery life. They're awesome and indespensible for me!
unsuscribed from netflix and subscribed to skillshare. Absolutely love it.
Coffee: Try continental coffee "xtra". This is not a sponsored comment. I genuinely love the coffee and it is cheaper than Nescafe :)
Expensive earphones(headphones) highlights [Sony WH1000XM4]: Wireless, Noise cancellation, Good sound quality, and Multi-device connection (phone + laptop).
Sponsored comment 😂😂😂
What I like about you is, you talk it raw 😃😃
Your insights are very perfect
And i like ur unbiased opinion
I appreciate that
This is best video so far, really inspiring . To generate wealth, we must do logical and rational spending . Impulse buyers can never become a millionaire... thanks for the video
Then why is Ananya Pandey a millionaire
Spending is also an art. Everything cannot be equated with savings. Have a 10%rule - buy big ticket items when you can buy it with 10% or less of liquid asset. Have fun (with responsibility ) while you can - who knows about next year.
I fully concur with you on this. I am feeling guilty now for spending 9K on a wireless mouse (MX Master 3). In my defense, I use this product for 8+ hours a day and my wrists hurt less now.
You shouldn't feel guilty. What the hell !!!
9k wireless mouse is way less expensive than medical expenses :)
Never seen "asking for like" can be senseful and really worth it in youtube vdo's
Wireless earphones help me during my workout, they are available in the range of 2-3k also, they do not need to be 20k.
You make it sound so simple but thats the hardest part in this 21st century we are filled with almost and infinite number of products and services you can think of most of it might not even have any value in your life from along term perspective but we yet tend to spend money when in posession of have adequate wealth wasting it on things that u pick up impulsively...
Sir, where would one draw the line between " increasing the standard of living" Vs "Increase in expenses" ?
create a multiple streams of income.. own a house, decent car, stay debt free. Once your other streams of income(not the main one.)+ interest + dividend income is more than your expense.. after that, you can enjoy a little. So you keep saving main income and enjoy on other streams.
I own Bose Wireless Headphones worth 35000, my company gave it away to all employees. They gave an option to choose the one you referred 20000+ , but still I went with Bose. So I am happy.
*_Simple living high thinking! Kudos Akshat_*
I've recently started following most of these suggestions.. and came across this video. I guess I am on the right path. Good luck to everyone 🌄
How to change lavishly spending mentality of spouse or children? Money I save with frugality gets lost by family.
😐this is an extremely hard Q sir😂
@Kunal Yadav then he will lose half the money in divorce so no 😂
Show them this vedio
It is a mindset change, there are no easy ways to do it. Start making them realise, a simple step could be start with budgeting and ask your spouse to update the things in daily basis, spend 10-15 minutes together. There would be days when neither does it, telling you from experience, have been doing this. We reduced expense by 34% :)
Become strict and tell ur wife u have goals ans inflation. After covid no one. Can afford to be financially illiterate
@8:50 I own a pair of Sony MDR wired earphones which cost around 1700 Rupees. The only reason I have them is because I'm a diehard audiophile who listens to music a lot and needs punchy bass notes. NO wireless earphones even in the range of 15-20k can match the wired quality of my Sony's. Most Airpods like products are a rip-off.
But what about the desires sir?
Is money everything?
Would love to know your views?
Hey Buddy, interesting question. I am someone who (almost) thinks and agrees with Akshat. I almost follow the principles mentioned in the video and I was asked the same question some days ago.
1. But what about the desires sir? - It is okay to fulfil desires that you have but not okay to fulfil the desires that advertisement/marketing has given you. The examples of the same were indirectly mentioned in the video. Akshat desires coffee, but he doesn't go for the coffee shops that reach you via marketing(Starbucks, etc).
2. Is money everything? - Yes and No. Yes, because - money is used for transactions every day and it is a resource. Learn resource management and these principles of frugality will automatically make sense to you. No, because - money is not everything. Most of the people on deathbed regret not having enough experiences, they never regret not having enough money. Personally, I feel money is a resource, learn to manage it well.
These are just my opinion. Feel free to discuss or criticize. :)
My reason for owning wireless earphones is that I don’t have to hold my phone while I talk to people. Also, there are many outdoor activities I enjoy while listening to music like riding my bike and exercising which is much easier with a cordless wire. I know AirPods are really expensive but they are very compatible with iPhone. I would recommend everyone to go for a cheaper earphones because most of them give good quality sound. And if you can afford airpods, then go for it.
I really admire your video contents. Most of them resonate with my thought processes to a large extent, and in addition helps me acquire newer perspectives. Thank you for doing this on a consistent basis.
Totally relatable about car, Goa, expensive headphones, expensive phone 😂( I just don't see the point), streaming services and clothes (I do buy expensive branded clothes but use them for longer term). I order takeaway on weekends and I do spend £3 on coffee on weekdays. I am trying to cut down on those spendings.
When I see your videos, I realise there are things I do which are good practices , however I get a perspective of what I should be doing additional :)
Thanks for sharing!
Using Airpods pro since 2 years. Very practical and easy to switch between iPhone n Laptop. Quite handy + great mic quality with noise cancellation, very productive for me. Guess it depends on person to person. Totally worth it for me.
Hey Akshat
1:-10th completed in 2005 with 75% (CBSE)
2:-12th completed in 2007 with 61% (CBSE)
3:-BTech (EC) completed in 2013 with CGPA 5.94 (69%) at Amity University.
4:-Working at HCL technologIes since 2016 as a software engineer I will be promoted to senior software engineer within few month (total experience (4.25 years and 6 month intern)
1-Can I think to do MBA aboard (USA,Canada,UK)?
2-If I get good score in GRE or GMAT can I get admission top college in USA , Canada and UK?
Please reply.
Yes you can! & You should only issue would be it's cost.
I always do that earphones thing. I find happiness in the less cost earphones like 399-499rs infact those fit very well and give nice sound effects. But my sister keeps telling that why do I need to keep replacing those during the event of damage & spend money again n again, instead I can buy ond branded expensive earphone. But till now I have never taken that step.
Trust me I'm a hard core music lover and Singer myself 😅
Kiyosaki's definition of an Asset: something that puts money into your pocket.
Cars for personal use are therefore not an asset, but a liability
1. Great content.
2. Wonderful smile.
3. Stop using "literally".
Definitely make a separate, detailed video on the advantages and disadvantages of owning a house in a metro city. I would like to learn more about it.
Excellent share. So valuable.
the "earless" had me laughing so much lol
Car: BMW, Audi, Mercedez Benz
OTTs: Netflix, Amazon Prime
TWS: Bose, Marshall, Sony, Apple
I own those expensive air pods
Reason : elder sister gave it to me as a return gift on her marriage
I so so wish I had access to such information during my twenties! indulged in unnecessary expenses and never ever did I think about saving or investing. Thanks Akshat for your guidance ..Better late than never!
If you want to buy a luxury car, buy a second hand one after a year, when it has seen the majority of its depreciation!
One tyre change costs u 50 k
Not only owning but maintenance is also pretty expensive.
Akshat you are literally helping lot of people with your videos ... Kudos to you !!
Hey Akshat , Its really inspiring to know that you were a millionaire by 30. May I know what percentage of that million dollar was earned by you yourself and what was the percentage of that you got from inheritance?
I think having multiple income sources can be the game changer. And for smokers and drinkers, quitting it will automatically save tons of money first on daily basis and second on the health. I want to learn investing, could you please make a video explaining the strategy to learn step by step. What resources you used? Thanks in advance!!
I absolutely agree with each point. Saving comes with this smart options. Thank you so much.
Akshat you are hitting bulls eye and in a brutally straight fashion. I like your honesty. Would be glad to get personal advice on investments.