9 Reasons Keeping you Poor | Why you're Still Stuck in The Middle Class?

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  • Опубликовано: 30 июн 2024
  • In this video, we explore the 9 common financial mistakes that keep many people poor. From neglecting financial education to relying on a single income source, these pitfalls hinder wealth growth and stability. Learn how to avoid these traps and build a solid financial foundation. Start making smarter money decisions today!
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    Stock Market, Mutual Funds, Investments, Personal Finance, Make Money Online

Комментарии • 91

  • @finance.boosan
    @finance.boosan  26 дней назад +2

    Buy Spam-free Term Insurance - ditto.sh/ea8nag
    Join Learner's Community : ruclips.net/channel/UCmfl6VteCu880D8Txl4vEagjoin

  • @anandkumar-rd7et
    @anandkumar-rd7et 26 дней назад +3

    Your main skill is not finance but the way you explain something. I like all your videos, straight to the point and clear

  • @satheeshaswin_5582
    @satheeshaswin_5582 26 дней назад +48

    Very Basic content again, Please do interview with some experts or do out of box content bro. This video is totally selling insurance. I like your ideas in previous contents, so try to go in that way.

    • @xnivaxhzne
      @xnivaxhzne 26 дней назад

      I didn't watch the video fully. But I am having the same feeling seeing the title and thumbnail.

    • @prabhakaransankar476
      @prabhakaransankar476 26 дней назад +5

      He is mostly focusing on paid membership contents. So i don't think he will go beyond this.
      However, whatever he has taught, that was great and I liked the way he explained.
      But let's see how far he will teach us freely.

    • @xnivaxhzne
      @xnivaxhzne 26 дней назад +3

      @@prabhakaransankar476 I don't fully agree with you. He can do the paid partnership. No problem with it. But the thing is he doesn't need to focus again for beginner level or catchy thumbnail cliche videos like this. Instead he can do content rich, fresh videos, knowledge which might be even new to him along with the paid partnership

    • @CyberPsychGaming
      @CyberPsychGaming 23 дня назад

      Expert interviews will speak only advanced topics. More intermediate stuff is needed

    • @xnivaxhzne
      @xnivaxhzne 23 дня назад

      @@CyberPsychGaming you see the old videos bro. It's timeless

  • @gowthamvishva6316
    @gowthamvishva6316 26 дней назад +2

    I used to procrastinate a lot, but I finally took out term insurance because of you. It’s really good; you influenced me in the right direction.

  • @prabhakaransankar476
    @prabhakaransankar476 26 дней назад +7

    Hello Sir, what do you mean by wealth? Only cash, bank, mutual fund, stock investments? Many owns building/house property, agricultural land, equipment, personal belonging like Car, Gold, & many, without loan. So, 92% and 99% are not correct percentage. Maybe the criteria they included could not be right.
    Boss, nowadays people spends min 15L for their marriage. Out of that 10 lakhs on Gold. So how can they be under 8.5L range category? If you have counted each and every individual, it would not make sense. It should be counted as a family. Husband, Wife, 2 kids less than 18. So Husband and Wife combined their wealth must be more than 18L for about 55%

  • @prabhus3737
    @prabhus3737 26 дней назад

    i am watching most of your video and you always touch up core finance knowledge. YES its good to remind and feed the people.. much appreciated.. Keep rocking bro...

  • @ajayprasad9919
    @ajayprasad9919 26 дней назад

    Anna❤ Ajay here. This video is probably useful for the new viewers in our family. Thanks for sharing. However, try to do interesting ones like interviewing experts like you to share their views on current scenario of stock market and their experiences. Thanks na❤

  • @karthikavi4546
    @karthikavi4546 25 дней назад +1

    Bro nan quant small cap la invest paniruken shall I continue or could you please suggest me

  • @roshanakthar9874
    @roshanakthar9874 26 дней назад +1

    Audio quality is excellent

  • @prathameshsinghrajput
    @prathameshsinghrajput 26 дней назад +1

    Good evening Boosan,
    Can you please put caption in English for understanding as I don't understand the language but loved your previous content where there are caption
    So please request if you can do then it will be great ❤

  • @kavink8336
    @kavink8336 26 дней назад

    boosan sir, Plz post a video on active mutual funds or index mutual fund which is best. Many experts are saying index investment is best tell me ur opinion -

  • @iamtheelijah4365
    @iamtheelijah4365 26 дней назад

    Keep it up ❤

  • @Nantha_Mahi
    @Nantha_Mahi 26 дней назад +2

    Naan Etho Community Member nu Ungala Praise Pannala.... Romba Geniune ah irukura Boosan Anna nee.. Yes Term plan laam ethuku irukurapo nallaa spend pannanum nu thappaana mind set la iruntha naan. Ippo 85 Years varai 1 C policy potuten
    Same policy amount 1500 RS poduren. After 5 years antha amount FD poduven. So after 10 years antha FD interest ennoda Insurance Premium pay pannum life long....

    • @finance.boosan
      @finance.boosan  26 дней назад +3

      Thank you Nantha for the feedback - happy to see you taking a term plan to secure your family.
      FD interest to cover premium seems like a good plan. In fact, after a few years of investment, your dividends will cover these expenses.

    • @finance.boosan
      @finance.boosan  26 дней назад +1

      I just noticed that you've set the coverage period to 85 years. However, 85 years is too long. A coverage period up to 60-65 years of age is preferable, as our income dependence typically decreases after that age.

    • @akashsp27
      @akashsp27 25 дней назад

      Bro, can you explain more about FD paying off your premium in detail, please?

  • @weareutuberss9132
    @weareutuberss9132 24 дня назад

    Good information for me broo😊😊😊😊🎉🎉🎉❤❤❤❤❤

  • @RAISINGASPIRANTS
    @RAISINGASPIRANTS 26 дней назад

    Govt job la nan iruken. May i take new private health insurance.? If i take it which one is better for 1st use during emergency..?

  • @elango033
    @elango033 21 день назад +1

    Sir kindly suggest which MF is best for lumpsum around 50k

  • @blackpanther9809
    @blackpanther9809 21 день назад

    Need detailed video about about debt funds….pros cons ..how to analyse and choose

  • @Vasanthgrow
    @Vasanthgrow 20 дней назад

    bro ever did video on sector based funds? like what sector based fund is . types . risks to compare other funds etc

  • @krishtamil9422
    @krishtamil9422 23 дня назад +1

    Sit I like to sip for 10 years monthly 10000.i don't know about market knowledge.nifty 50 or parak parik flexi cap fund which one I have to choose Sir. Give me your suggestion sir.

    • @ajinv1136
      @ajinv1136 22 дня назад

      5000 nifty 50
      5000ppfc

    • @krishtamil9422
      @krishtamil9422 22 дня назад

      Sir if I do like this in 10 years return would be less.if I choose ppfc for 10 years is there any loss would occur?Sir I like to choose which one is give high returns in 10 years sir.please suggest me detaily sir

  • @user-Gopinath1718
    @user-Gopinath1718 26 дней назад

    Hi bro ha eipo mutual la investment panura 10 years apuram eaduka porana na gst number vache erukanuma

  • @sureshg8882
    @sureshg8882 25 дней назад

    Boosan brother 3k invested pannalanu irukan midcap250 la 1k ,flexi cap la 1k and nasdaq 1k poduradhu crt ah thappa ah

  • @Aadhav_Ilango
    @Aadhav_Ilango 23 дня назад

    Please make videos on rebalancing investment on stocks.

  • @parij4840
    @parij4840 26 дней назад

    Individual stocks pathi poduga bro

  • @vigneshr8956
    @vigneshr8956 23 дня назад

    Edelweiss vs zerodha, which is the better large midcap fund?

  • @vinoda3480
    @vinoda3480 25 дней назад

    Can you please speak about Ubit app. Which is crypto currency. RUclips la neriya varutu ithu pathi

  • @auto_karan_tn
    @auto_karan_tn 21 день назад

    Enakku ippa age 19 aagudhu..na ippa SIP panna endha funds la potta nalla returns kedaikum & best fund sollunga bro

  • @user-xg2ub5nq1z
    @user-xg2ub5nq1z 26 дней назад

    Bro enaku term insurance illa nu soltranga bro

  • @balaji.p394
    @balaji.p394 26 дней назад

    Bro jst now speak to Ditto team...term insurance ku minimum eligibility 2.9laks per annum... athukku kammiya iruntha term insurance eduka mudiyatha.... ditto team mudiyathunu sollitanga...eduka mudiyathuna below people ena mathiriyana insurance podurathu

  • @ajees111
    @ajees111 20 дней назад

    Hi Boosan, Can you make some video about how to allocate retirement corpus to get monthly income during retirement period(with inflation of 7%) for Conservative and Aggressive investors for 30 years(between 50-80) if retirement starts at 50s.

  • @vigneshvikki190
    @vigneshvikki190 23 дня назад

    Thanks for sharing your investment knowledge with us. Very helpful.....! If possible, Can you please share details on how to invest in Other Markets Outside India, there are not much resources available to find a trustable route to invest in other Markets.

  • @sivasakthi1940
    @sivasakthi1940 25 дней назад

    Sir,
    I'm invested in ICICI infrastructure provident fund, per month 500 rupees. Then how automation in money.

  • @kishanbsh
    @kishanbsh 21 день назад

    Then why are land prices sky high? If you don't have a crore it's not a decent house

  • @anandann6415
    @anandann6415 26 дней назад +3

    Boosan this week dividend stocks video pl.🎉 yoga Anand.

    • @kalaiyarasand3890
      @kalaiyarasand3890 19 дней назад

      Bro evaru contact pannadrathu eipadi pls sollunga

  • @prabhakaransankar476
    @prabhakaransankar476 26 дней назад

    Again about corporate insurance, it is usually valid for a year, not until you're active with company. So it is valid 31st Dec of the current year.

    • @finance.boosan
      @finance.boosan  26 дней назад +1

      The insurance coverage in the case of lay-offs or separation is determined by the employer and the insurance company. Some companies include an extension of coverage for six months as part of the severance package. However, most companies terminate the existing policies immediately upon termination of employment. A few companies may extend the coverage until the end of the month or year.

    • @akashsp27
      @akashsp27 25 дней назад +1

      ​@@finance.boosan, I have this doubt as well. I have asked my HR and they have told me that the policy would be valid from October 2023 - October 2024 and even if I separate from the company, the policy would still be in force and I could avail the benefits using the beneficiary card provided by the insurance agency. It was also said that as this is a group policy, it won't be terminated upon employment termination.

  • @yuthirakumar88
    @yuthirakumar88 22 дня назад

    sir please ICICI Energy Opportunities Fund vangalama??advice me

  • @dr.viknesh7805
    @dr.viknesh7805 26 дней назад

    Regarding health insurance which one is good 1.Taking from the insurance company directly or 2.third party company like ditto or policybazaar. both telling us we are giving discounts on premium and 24 × 7 claim support.

    • @manjuvn1757
      @manjuvn1757 25 дней назад

      I have chosen star for medical, lic and bajaj for term. My parents already have a united india for mediclaim for me. tata aig has cancer insurance too.

  • @venkateshd9079
    @venkateshd9079 19 дней назад

    How i strat sip

  • @sivank9214
    @sivank9214 26 дней назад +1

    To my opinion, statistics is taken or interpreted in a different way. It only considers financial assets. Just see the market value of house/flats in cities like chennai, delhi, mumbai etc? what is the price? you take land value. what is the price per cent? or you take agricultural land per acre cost. all these runs in to lakhs and crores. but these crore pathis arre not having financial assets in huge. As per industry estimates, about 4.1 million passenger vehicles were sold in the local market in the last calendar year. Even if its Alto it costs 5 lakhs. THE STATISTICS IS SAYING, ALL THESE VALUES RELATED ARE INCOME PER YEAR NOT THE ASSET VALUE. If i am wrong please excuse me.

    • @tnivas
      @tnivas 26 дней назад +1

      Land is not asset unless you buy it just to sell it when the price hikes and not use it. House and Cars are only liabilities because you will be using them and you have to spend money regularly to maintain it.

  • @thrinaycollection
    @thrinaycollection 18 дней назад

    Hi bro could u tell us how to pick a gd stock by comparing with other companies in the same sector & by evaluating the parameters pls...

    • @finance.boosan
      @finance.boosan  18 дней назад +1

      Stock Analysis Made Easy - Part 5 | Step by Step Demo on How to Analyse a Stock?
      ruclips.net/video/tbwNIPNLeGE/видео.html

  • @umashankark7882
    @umashankark7882 26 дней назад

    Government employee compulsory term insurance and health insurance

  • @RajkumarAlbert
    @RajkumarAlbert 22 дня назад

    Help me to get term insurance

  • @alphahalogaming3123
    @alphahalogaming3123 26 дней назад

    Very big important thing is live beyond Your needs
    Exercise Be Healthy and Invest
    I know many rich Family People who have Money because they don't have Health because Since they earn a lot they invest and save a lot but they ate lot of Food which is bad Now they have bad Health

  • @ananthijsm2352
    @ananthijsm2352 22 дня назад

    About to talk dividend payer stocks please😊😊

  • @sridharanmaradona5992
    @sridharanmaradona5992 19 дней назад

    Anna , Epo once I have brought 10 share 2 months ago and then now the company has the good potential and I have the money to invest now and I need to buy even more 20 shares at its all time high bullish . At what time is it right to acquire same company stock without making a loss anna calculating all the averages ? Pls explain this one anna in comment or in any one of u r video !

  • @kannandb7473
    @kannandb7473 26 дней назад

    Anna answer me this question I have done all these you have said
    Taking term insurance, health insurance and even increasing my income as well
    But my problem is my family members often feel sick or get admitted in hospitals even though I have insurance with me all my money goes to the bills alone on top of it I have emi and loans as well
    In this point is it good to start investing because I have clear idea
    First clear off all your debts and then start investing
    Please reply for this bro

    • @mubarak1330
      @mubarak1330 26 дней назад

      Rule no 1 clear debt and emi then start investing , live stress free life without debt

    • @kannandb7473
      @kannandb7473 26 дней назад

      @@mubarak1330 thank you so much

  • @saiprashaanth2463
    @saiprashaanth2463 23 дня назад

    Boosan when will be the next sgb issue for 24-25

  • @shakthinxtlevel1281
    @shakthinxtlevel1281 23 дня назад +2

    Bro Nan government job la irukan.. youtuber aagalama

  • @alifeThought
    @alifeThought 18 дней назад

    anna top 5 best 🏦 bank a/c . solungana

  • @vlexical
    @vlexical 26 дней назад

    Only 10% of the people in the India are middle class according to the inflation. Middle class can afford anything they want and they can afford a comfortable life.
    Most of the indians are falls under either working class or economically weaker class.

  • @sashwin05
    @sashwin05 26 дней назад

    Main problem is high tax

  • @prakashvisits
    @prakashvisits 26 дней назад

    First comment , First like, First view❤

  • @sivakumar-lf1db
    @sivakumar-lf1db 26 дней назад

    மாலை வணக்கம் பூஷன் இந்த மூன்றாவது பார்ட்டி ஆன்லைன் ஆப் ல அதாவது ஷெரோதா குரோவ் போன்ற மூன்றாம் ஆப்பில் முதலீடு செய்வது குறித்து உங்கள் கருத்து...😊 பற்றிய தகவல்கள் அடங்கிய ஒரு வீடியோ போஸ்ட் பன்னுங்க

    • @finance.boosan
      @finance.boosan  26 дней назад

      What happens to your investments if Stock Broker or Mutual Fund House SHUTS DOWN?
      ruclips.net/video/8Ra0RTqhTgA/видео.html

    • @finance.boosan
      @finance.boosan  26 дней назад

      I'll plan to make another video about my opinion and facts around 3rd party apps

    • @030783raja
      @030783raja 26 дней назад

      Dear Boosan,
      After I saw your video,
      I invested yhrough Grow Nifty TMI and
      Zerodha ELSS LM 250 😂

  • @dasthomas9510
    @dasthomas9510 26 дней назад +1

    Bro parents are more than 65 so private la poda mudila vera eadhathu idea iruka family insurance

  • @moneymarkets6578
    @moneymarkets6578 25 дней назад +2

    Video created for promotion 😂

  • @Myview_Aravind
    @Myview_Aravind 26 дней назад

    This data is wrong.. Only 1 percent is paying tax.. Many business people don't pay tax.. And how govt get data then..

    • @karthick_only
      @karthick_only 26 дней назад

      3.50% people file income tax may month than padichen. Etho news article la

  • @MohanrajMohanraj-v3v
    @MohanrajMohanraj-v3v 25 дней назад

    Even one point is not related to the topic.These are basic things which help middle class people to not get into poor.Most of the rice people do business.I like your videos but this is very low level.Do some quality content bro..

  • @Karuz-jp
    @Karuz-jp 26 дней назад

    I ❤ mani

  • @user-ih8bq5cp1t
    @user-ih8bq5cp1t 25 дней назад

    Waste of time to watch this video juz to sell the insurance policy

  • @ramarajanraji4736
    @ramarajanraji4736 24 дня назад

    Nifty reality high return in 1 year

  • @Ak20231
    @Ak20231 26 дней назад

    Same type of content again ah bro 🥲

    • @parij4840
      @parij4840 26 дней назад

      Yes repeating the same

  • @muthukrishnan1522
    @muthukrishnan1522 19 дней назад

    ZERODHA BROKING LIMITED on 15-06-24 reported your Fund bal Rs.0 & Securities bal 0. This excludes your Bank, DP & PMS bal with the broker-NSE
    Above mg came from zerotha coin..
    Wt meaning bro

  • @Food_Boss_007
    @Food_Boss_007 25 дней назад

    Worst vedio. No use