Get Term Insurance from PolicyBazaar: link.lla.in/term-0411 Detailed Term Insurance Guide: ruclips.net/video/FFWtUThoPqw/видео.html Get Health Insurance from PolicyBazaar: link.lla.in/health-0411 Detailed Health Insurance Guide: ruclips.net/video/jpAY1f_1A5M/видео.html Calculate your Emergency Fund: sm.lla.in
In Income tax there is section to claim housing loan interest upto 2 lakhs, and for joint it is 4 lakhs. So why worry about interest or keep the house loan till 30 years. This should have considered as well!
Love u sir. Sir, I can buy a car for 25 lakhs directly in cash. But I still prefer to buy real estate and manage basic cars as the car is still a depreciating asset.
One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $30k of my savings in stocks this year, and I hope I make profits.
You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.
Ghar lene k liye ye formula try Kiya tha aaj tak ghar nhi le paa rhe aone man ka😂 coz salary jis proportion me badhti h usase kahi zyada ghar ki price badh Jaa rhi , ab to basic necessities se zyada upar sochna bhi mushkil ho gya h Pr mere ek senior ne 1 practical advice di thi , aur mere bahut se friends, family n known ne us formula se man ka ghar kharid liye- agar abhi aap ghar nhi le paa rhe to ek plot le lijiye Jo aaram se budget me aa jaye vo bahut zyada hath pair faila k nhi ( ofcourse saare paper zarur check kre) , aur jab ghar Lena ho kuch saal me to use bech k down payment kr de. Try n trusted tarika h varna ya to man ka ghar nhi le pate h ya loan bharte bharte pareshan ho jate h
i am following all of them sir, I am 27, bought a car with 50 percent down payment but the EMI is for 5 years and I will pre-close it, bought a Royal Enfield with 100 percent down payment, father built the house and I helped, no loan pending, have enough term, health insurance and emergency fund, can improve the investment in market but as we are businessmen, our overall business investment which includes mutual funds are more than 50 percent, total EMI is not exceeding 36 percent…and using credit limit of less than 10 percent
Emergency fund is good , and other things is wastetage in my opinion , you pay an insurance company for monthly it's like a doing sip , inflation is growing and insurance company is growing.
Anyone earning < 12L per year should just focus on earning more. Teach your kids, siblings cousins etc to focus on value creation and skill development from early age. Be it business, online influencer, momo vendor, cab fleet owner, govt job, private job focus where you have skills and resources to succeed. Stop chasing JEE, UPSC and NEET mindlessly if you are not passionate enough for those subjects. There are a lot of professions that will make you 12L+ easily get there and then think of applying these rules. Salaried person will have very tough time in next 5-10 years.
There is nothing wrong with these exams , if I would have scored a good rank 10 years ago in jee, today I could have worked for 40 50L+. Coming to your point 12+ is just okay.
@@CorporateRider-lx8lf Absolutely nothing wrong with these exams if you can clear it with good ranks, but too many people waste 2-3 years of the best time of their lives giving these exams. At least don't put all eggs in one basket, have other plans and work on them in parallel.
You explained about financial independence and safety tips in a very good way. I am currently studying for a job and this video will be very useful to me in the future so thank you so much LLA and one more thing, this is the best channel for financial knowledge on RUclips.
Very nice calculation. I request to make calculation/video for monthly income below 40 thousand/30 thousand because in India most of the people earn below that only.
Rishabh, Man I am shocked to know that you are just 34 years old Surprisingly I was thinking that you are the same as my age and was thinking that why I couldn't learn all the things which you learned. But any ways I am not at all ashamed to learn personal finance from someone who is younger than me by almost a decade 😊 You are literally contributing to Indian Economy Keep it up 👍
@@tejasshah6712 from your dp I can say ur age is around 25-30 And from your comment I can say you are broke. Not making fun of you Just saying instead of replying me ,do something to earn money
@@Captain_speke in 2020 I think the same bro And I am not denying for financial planning But what he told in the video is just a trap in which mostly middle class people falls( looking for security, by seeking security u r just minimising ur risk And without risk you can't make anything) GROW UP
I have been following your channel from the day I started earning. All the above rules which you shared here, are already shared by you in different videos earlier. By the time this video is made, I followed most of the inputs shared by you. Except for car(which I am yet to buy), I am almost following the same steps. Thankyou for helping me grow and build my path. Always grateful to follow this channel. Cheers!👍
I am 18 years old right now and all the rules in the video can help everyone in their life to achieve their goals and control their funds. I am also starting to apply some rules that can help me
@@Anonymous-py4mtzarurat job ki nahi apko ek direction ki hai. Direct accountant mat bno... pehly choti job se start kro ya kisi ke business me apply kro waha business sikho.
I follow all of them religiously. I am the same age as Rishabh's. However, around budgeting, what worked for me in my career in yearly years - First 30%+ should go to savings and investment, only then plan for the next 2-3 buckets, this will promote you in a growth mindset. 10% upskilling 20% wants (keep this as low as possible in your early years) 40% needs
That is really very good rules 💯. Main to follow krunga ise. Term insurance tk ka to process Krliya hai. Now 2stage ki bari. Maja aya. It will really help me a lot.
6/6 bhai - you are doing awesome job Whenever jab mai koi decision leta hu hamesha apki bate yaad aa jati hai which help me a lot to choose the right path. Thanks a lot bhai
Kash rishab 1 lac PM kma pata... yha to Rishab 30-40k kma le bdi bat h..us pr koi rule apply nhi hota.. itni mhngai mai agr wo bukha na soye wo hi achievement h (Min. 8k Rent+ 2K Bike Petrol+ 15K household expense + 5k festival/education+ 1k mobile/wifi recharge ) just living without saving
Ultra legend rule of EMI Bohot time humko koi specific phone, ya laptop ya bike kharidna hota hai, jiske liye bohot time se iccha rehti hai kharidne ka.. To uska emi kitna parega month ka calculate karo, or utne amount ka liquid fund me SIP kar do utne time ke liye.. Last me jab time hoga, to usko on cash kharid lo.. koi interest nahi, ulta maximum chance ki inflation ke bawajud tumhare paas extra paise bach jayenge.. usse koi accessory kharid lena.. Or usse v zada chance hai ki itne din wait karte karte usko kharidne ka excitement hi nahi rahegi... to samajh jana, ki wo uss wakt emi lekar kharid ne me emi khatam hone se pehle uski khusi chali jati.. Or sabse bara rule of emi ye hai ki, koi v chiz emi me lene se pehle ye pucho khudse, ki ye mujhe abhi, immediately chahiye ki nahi... agar wait kiya ja sakta hai, to emi ki wajah save karo paise uske liye...
My Score 6/6 (I dont have car/home emi) additional rule I follow 1. Use Credit card for everything (I have set monthly and per transaction limit to my CC which helps me stay in limit) and get flat 1-5% discount on my CC bills. 2. Once I pay all my pending bills & EMI's, I transfer 5K in my bank account (which I hardly use bcz of rule 1, If this amount becomes higher either I spend this on wants or invest it depending on situation) 3. I invest remaining amount (roughly 40-60% much higher than 20% investment rule) in various investments like SIP/Equity/Foreign markets/PPF/Gold etc.
My rule is saving should be 50% of annual income. If you have your own house, you have luxury of spending more. If you live in rented house or paying EMI, you have to compromise on that part. If we are getting ancestral property, then we can buy house early and we can enjoy. And also, 50% saving will ensure to transfer money to kids at earliest so that they can also buy house in their early age. Ancentral property makes life easier for us and for coming generations as well.
interest rate per year ke hisab se calculate hota hai maine bhi bike loan pe li hai EXAMPLE:- 4,80,000 KA 9℅ FOR 4 YEAR = 1,72,800 interest jayenga matlab 4,80,000 + 172800 = 6,52,800 payable loan total car padegi 6,52,800 + 1,20,000 down payment jod ke = 7,72,800 ki car padegi
भाई मेरी उम्र भी ३४ है मैं भी राजस्थान से हू। अच्छी वीडियो बनाए हो। मैने तो १००% इक्विटी में लगा दिया है। मुझे जल्दी अमीर बनना है। २ से ३ करोड़ अगले ४-५ साल में बनाने है मैं अभी २० % रिटर्न मेंटेन करके चल रहा हूं। स्टॉक मार्केट समझ आता है तो मैं तो 70k कमाता हूं और 50 k invest कर देता हूं। शादी नहीं की हैफिलहाल। आगे का पता नहीं करूंगा या नहीं। लेकिन अमीर जरूर बनना है।
LLA ....you should prepare a example by using all 6 rules ....so that all the rules should be cleared in a single example... jagrut janta will relate and understand more
Sometimes you don't need the home buying calculation from all the Fin-influencers. In my locality I deeply studied the flat rates and their growth % .. In 2021 a 3BHK flat costs 65L (this rate is for outskirts), in 2024 the rate is nealry double 1.2 Cr for the same property. If you consider this rate and the property growth rate and the home buy formula, its near impossible to but ur dream home. I do agree , this formula may be applied some portion of India but if you got to real world with the rates and all you will be helpless as you can not meet the salary requirements as prescribed in this video. (Not only this video but for all the home buying calculation). The city I am referring is Bhubaneswar.
Please guide us to buy a good term insurance, factors to consider, etc. I currently have a term insurance, but I am over whelmed by the content on RUclips, Instagram. I'm doubting now whether that it's a good insurance which I have purchased or I'm wasting my money.
The 72 rule works only for smaller rate of returns. Because if you get 72% returns, then according to that rule the money will double in 1 year, which is obviously not the case. To double the money in 1 year, you'd need 100% returns.
Hallo Sir,❤ Mai aaj pahali bar apka video dekha hu inta achha laga ki chanal subscribe kar liya. Ham abhi the lallantop RUclips chanal par aplogo ka baithki broadcast dekha hu aur apke chanal par aaya hu.
Hi Rishab, love your vidoes! Have bought health insurance after watching your video on it. Would love to watch a video on Finances after marriage for a working couple!
Bro, kabhi socha hai ki Indian cricketers itne fantasy sports ads kyun karte hain? Yeh sirf endorsement nahi, iske peeche ek hidden truth hai jo bahut kam log jaante hain! Is topic par ek in-depth video banayi hai-dhekho aur khud sachai samjho! Please like if u agree ❤
I have followed all excepts Total EMI percentage. I have heavily and aggressively invested in real estate and others. But people should not do this, as it increases stress level.
The Only most important financial rule is, IN ANY CONDITION never take or give a loan on interest. Interest is one of the worst thing in human society.
Your cost of living also depends on the city you reside. The same income that can buy certain aspects in Kolkata need not be the same as when living in Mumbai. Rest the rules tend to make much more sense now as I am starting to gain more financial knowledge pretty earlier in life.
Bahut hi informative video tha Lekin mujhe ek sawal puchna tha aapse ki kya Life insurance & Health Insurance ke alava or koi insurance lena chahiya ya nahi (For ex. Accidentle insurance) or yadi haa to kaha se kharide kyoki policy bazar par accidentile insurance nahi milta hai.
Per day 100 rupees ka kharch hai mera wo bhi afford nahi kar paa raha lekin fir bhi ye video dekhunga because mujhe umid hai future mei mai bahot Ameer hone wala hu 😊
सैलरी 1 लाख है, उसमे से कुछ पैसे PF मे कटते है... तो PF को कटौती मे पकडे या फिर इसे एक slow growing safe investment समझकर बाकी के पैसे को agressive investment मे डाले ?? कृपया मार्गदर्शन करे
Sir, meri age 57 yrs. hai aur maine Term Insurance nahi liya hai. Maine 4 lac ka Personal Loan liya hai. kya is umar me muze Term Insurance lene ki jarurat hai ? Please advice
Following most of the rules. Thanks to your channel. Following for a year now. One query, I'm a single person staying in parent's house. So needs are less. Planning to buy a car cost of which doesn't fit in the rules here, but since I'm single, how much can I modify the rule n exceed the limits? Would it be wise? Already having a corpus of 20L in investments majority of which is equity n gold bonds.
If you buy anything twice then buy it once. For eg. If you can buy two iphone by keeping in mind rules in video then you can buy it once except car and home
Now every person is saying buy term insurance, health insurance for family but if you calculate annual premium then it is very expensive and still health insurance does not cover medicines, checkup and doctor cost
Get Term Insurance from PolicyBazaar: link.lla.in/term-0411
Detailed Term Insurance Guide: ruclips.net/video/FFWtUThoPqw/видео.html
Get Health Insurance from PolicyBazaar: link.lla.in/health-0411
Detailed Health Insurance Guide: ruclips.net/video/jpAY1f_1A5M/видео.html
Calculate your Emergency Fund: sm.lla.in
In Income tax there is section to claim housing loan interest upto 2 lakhs, and for joint it is 4 lakhs. So why worry about interest or keep the house loan till 30 years. This should have considered as well!
Bhai jinki 10 12k incom h unke bare me koi fin flewnser koi kuch na bolta
Love u sir.
Sir, I can buy a car for 25 lakhs directly in cash. But I still prefer to buy real estate and manage basic cars as the car is still a depreciating asset.
Ahi hai😂
Please suggest a rule for home with buying land (since on land buying, no home loan no tax benefit)
One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $30k of my savings in stocks this year, and I hope I make profits.
You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.
Mind if I ask you to recommend this particular coach you using their service?
Her name is Rebecca Nassar Dunne can't divulge much. Most likely, the internet should have her basic info, you can research if you like.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
10% to 30% income tax
18% GST on daily commodities
28% GST on Luxury items
Petrol & LPG high prices
11:37
We are only surviving, not living 😶
dekha jaye to chand par bhi daag hai
It's True it's an obstacle. Still we have to try
@@Proud_banda tasalli ke liye sahi h
Very true
Luxury item mat lo fir agar saving kam. Baki tax se toh sab pareshan h lekin iska mtlb ye nhi ki jena chod do
Ghar lene k liye ye formula try Kiya tha aaj tak ghar nhi le paa rhe aone man ka😂 coz salary jis proportion me badhti h usase kahi zyada ghar ki price badh Jaa rhi , ab to basic necessities se zyada upar sochna bhi mushkil ho gya h
Pr mere ek senior ne 1 practical advice di thi , aur mere bahut se friends, family n known ne us formula se man ka ghar kharid liye- agar abhi aap ghar nhi le paa rhe to ek plot le lijiye Jo aaram se budget me aa jaye vo bahut zyada hath pair faila k nhi ( ofcourse saare paper zarur check kre) , aur jab ghar Lena ho kuch saal me to use bech k down payment kr de. Try n trusted tarika h varna ya to man ka ghar nhi le pate h ya loan bharte bharte pareshan ho jate h
i am following all of them sir, I am 27, bought a car with 50 percent down payment but the EMI is for 5 years and I will pre-close it, bought a Royal Enfield with 100 percent down payment, father built the house and I helped, no loan pending, have enough term, health insurance and emergency fund, can improve the investment in market but as we are businessmen, our overall business investment which includes mutual funds are more than 50 percent, total EMI is not exceeding 36 percent…and using credit limit of less than 10 percent
Bro how to manage and control it effectively,
i won’t say it’s easy brother, but i guess persistence in work will be the key
@@iambicky007 wow that’s super.
Whats your business bro? I also want to make a business
you seem to have figured it all out
1. At least 5 % of salary on learning which can be taken from saving or spending.
2. Try to spend in cash instead of UPI.
What's wrong with UPI
Now I'm just 18, whenever I'm start earning I'll must follow these rules!!
Emergency fund is good , and other things is wastetage in my opinion , you pay an insurance company for monthly it's like a doing sip , inflation is growing and insurance company is growing.
@@karangaming0280chupchap gaming kar😂
I am at my 20s thank u so much sir for this valuable information 😇
@@gcnj20 Do open a NPS account then. Contribute atleast 1000 a month.
Just a suggestion.
Anyone earning < 12L per year should just focus on earning more. Teach your kids, siblings cousins etc to focus on value creation and skill development from early age. Be it business, online influencer, momo vendor, cab fleet owner, govt job, private job focus where you have skills and resources to succeed. Stop chasing JEE, UPSC and NEET mindlessly if you are not passionate enough for those subjects. There are a lot of professions that will make you 12L+ easily get there and then think of applying these rules. Salaried person will have very tough time in next 5-10 years.
Why salaried person hav tough time next ?
Why?
There is nothing wrong with these exams , if I would have scored a good rank 10 years ago in jee, today I could have worked for 40 50L+. Coming to your point 12+ is just okay.
@@CorporateRider-lx8lfBro he said that if you are not passionate about these things. If you love jee UPSC neet then go for it .
@@CorporateRider-lx8lf Absolutely nothing wrong with these exams if you can clear it with good ranks, but too many people waste 2-3 years of the best time of their lives giving these exams. At least don't put all eggs in one basket, have other plans and work on them in parallel.
You explained about financial independence and safety tips in a very good way. I am currently studying for a job and this video will be very useful to me in the future so thank you so much LLA and one more thing, this is the best channel for financial knowledge on RUclips.
Very nice calculation. I request to make calculation/video for monthly income below 40 thousand/30 thousand because in India most of the people earn below that only.
Rishabh,
Man I am shocked to know that you are just 34 years old
Surprisingly I was thinking that you are the same as my age and was thinking that why I couldn't learn all the things which you learned.
But any ways I am not at all ashamed to learn personal finance from someone who is younger than me by almost a decade 😊
You are literally contributing to Indian Economy
Keep it up 👍
*RULE NUMBER 1* : *PAISA ITNA KAMAO KI YE SAB SOCHNE KI JAROORAT HI NA PADE*
Without financial planning, Kitna bhi paisa kamalo , Aap wealth create nahi kar sakte
@@tejasshah6712 from your dp I can say ur age is around 25-30
And from your comment I can say you are broke.
Not making fun of you
Just saying instead of replying me ,do something to earn money
@@Captain_speke in 2020 I think the same bro
And I am not denying for financial planning
But what he told in the video is just a trap in which mostly middle class people falls( looking for security, by seeking security u r just minimising ur risk
And without risk you can't make anything)
GROW UP
You are right... but har koi itna nahi kama raha hai.. aur limited pay me planning is necessary... 1 lac is also limited pay...
@@rajshiromani727 That's what financial planning is ! Minimising the risk , 20 % savings and 50% needs with emergency funds.
I have been following your channel from the day I started earning. All the above rules which you shared here, are already shared by you in different videos earlier. By the time this video is made, I followed most of the inputs shared by you. Except for car(which I am yet to buy), I am almost following the same steps. Thankyou for helping me grow and build my path. Always grateful to follow this channel. Cheers!👍
I am 18 years old right now and all the rules in the video can help everyone in their life to achieve their goals and control their funds. I am also starting to apply some rules that can help me
First rule is learn skill which will help you to earn
This channel is best in delivering quality content
Ankur warikoo pagal he
Bhaiya 20k walo ke liye bhi kuch banao, please.
>12 Lac Pa, people they are already rich.
Rules are same, i see 20k salary guys buying cars, phones on EMI. It's more important for them to follow.
@@LabourLawAdvisorhai sir kya mere liye koi job hai? Apke paas. I am an accountant. And mujhe kahi job nhi mil rahi😢 main gaon se hu.
@@Anonymous-py4mtzarurat job ki nahi apko ek direction ki hai.
Direct accountant mat bno... pehly choti job se start kro ya kisi ke business me apply kro waha business sikho.
@@akshat_djjoshi8264 ok bhai
12 bhi kam hai yr bhai😢 tax and inflation sab kha jata hai
The best finance channel on YouTuBe
I follow all of them religiously. I am the same age as Rishabh's. However, around budgeting, what worked for me in my career in yearly years -
First 30%+ should go to savings and investment, only then plan for the next 2-3 buckets, this will promote you in a growth mindset.
10% upskilling
20% wants (keep this as low as possible in your early years)
40% needs
Bought my first car using this rule only. 1 year of top model Honda Elevate Ownership. Good car and good financial decision
Explanation technique with background is very eye soothing and very very innovative
Bina job ke he dekh raha hu 😢😢
Mai bhi😂😂😂
2:32 am on the clock still choosing lla to watch ❤️ LLA 👏🏻
while it's true that the most important thing to do is increase your income but knowing how to save and invest that income is also good
I glad to see gems like you in india ❤
16 hours lecture in just 16 minutes ❤ Thank u Big Bro 😊
❤बहुत मजा आया. बहुत बढ़िया. धन्यवाद आपका.😊
That is really very good rules 💯. Main to follow krunga ise. Term insurance tk ka to process Krliya hai. Now 2stage ki bari. Maja aya. It will really help me a lot.
6/6 bhai - you are doing awesome job
Whenever jab mai koi decision leta hu hamesha apki bate yaad aa jati hai which help me a lot to choose the right path.
Thanks a lot bhai
4/6 I have followed... Only insurance part are left... Thank you maza aaya 😂
My 60% in savings/investments, 30% in needs and 9% in wants and 1% in charity. This is the budget I follow.
Kash rishab 1 lac PM kma pata... yha to Rishab 30-40k kma le bdi bat h..us pr koi rule apply nhi hota.. itni mhngai mai agr wo bukha na soye wo hi achievement h (Min. 8k Rent+ 2K Bike Petrol+ 15K household expense + 5k festival/education+ 1k mobile/wifi recharge ) just living without saving
7th rule : always try to generate extra income source. Btw my score is 7 out of 6 😊
Ultra legend rule of EMI
Bohot time humko koi specific phone, ya laptop ya bike kharidna hota hai, jiske liye bohot time se iccha rehti hai kharidne ka..
To uska emi kitna parega month ka calculate karo, or utne amount ka liquid fund me SIP kar do utne time ke liye..
Last me jab time hoga, to usko on cash kharid lo..
koi interest nahi, ulta maximum chance ki inflation ke bawajud tumhare paas extra paise bach jayenge.. usse koi accessory kharid lena..
Or usse v zada chance hai ki itne din wait karte karte usko kharidne ka excitement hi nahi rahegi... to samajh jana, ki wo uss wakt emi lekar kharid ne me emi khatam hone se pehle uski khusi chali jati..
Or sabse bara rule of emi ye hai ki, koi v chiz emi me lene se pehle ye pucho khudse, ki ye mujhe abhi, immediately chahiye ki nahi... agar wait kiya ja sakta hai, to emi ki wajah save karo paise uske liye...
My Score 6/6 (I dont have car/home emi)
additional rule I follow
1. Use Credit card for everything (I have set monthly and per transaction limit to my CC which helps me stay in limit) and get flat 1-5% discount on my CC bills.
2. Once I pay all my pending bills & EMI's, I transfer 5K in my bank account (which I hardly use bcz of rule 1, If this amount becomes higher either I spend this on wants or invest it depending on situation)
3. I invest remaining amount (roughly 40-60% much higher than 20% investment rule) in various investments like SIP/Equity/Foreign markets/PPF/Gold etc.
How do you invest in foreign market?
@amarjeetpaul5418 there are many apps available online, I use ind money exclusively for foreign investment.
Sb mrenge ek din
Needed the rule 3 and 6 alot! Thanks to LLA!
Hmm... Achha hai sahi hai... Bringing everything under one roof and explanation to badhiya hai hi aapka
My rule is saving should be 50% of annual income. If you have your own house, you have luxury of spending more. If you live in rented house or paying EMI, you have to compromise on that part.
If we are getting ancestral property, then we can buy house early and we can enjoy. And also, 50% saving will ensure to transfer money to kids at earliest so that they can also buy house in their early age. Ancentral property makes life easier for us and for coming generations as well.
Sachme maza humesha ata hain LLA ka video dekh kar. Lekin mene ekbaar aap logo se ek help manga tha mere EPFO ke regarding, but koi reply Nehi Mila
15:09 15k kiraya.... Itni to meri salary hai in-hand 😂
Loved that part where you're taking that paper off at 03:20 😂😂😂😂
Sir students ke liye dedicated video bana dije ❤
Love from Kolkata
5 out of 6
Maza Aaya
Wo LLA ki har video me ata hai👌👌🥳🥳🥳
MAZAA AAYA 16:13
Great Video sir And Thanks for the knowledge LLA is best guide for making Financially strong ❤
Wonderfully summarized the goldens rules. Thank you for your effort.
Maza Aaya
100% helpful video and must watch.
interest rate per year ke hisab se calculate hota hai maine bhi bike loan pe li hai
EXAMPLE:- 4,80,000 KA 9℅ FOR 4 YEAR = 1,72,800 interest jayenga matlab 4,80,000 + 172800 = 6,52,800 payable loan total car padegi 6,52,800 + 1,20,000 down payment jod ke = 7,72,800 ki car padegi
भाई मेरी उम्र भी ३४ है मैं भी राजस्थान से हू। अच्छी वीडियो बनाए हो। मैने तो १००% इक्विटी में लगा दिया है। मुझे जल्दी अमीर बनना है। २ से ३ करोड़ अगले ४-५ साल में बनाने है मैं अभी २० % रिटर्न मेंटेन करके चल रहा हूं। स्टॉक मार्केट समझ आता है तो मैं तो 70k कमाता हूं और 50 k invest कर देता हूं। शादी नहीं की हैफिलहाल। आगे का पता नहीं करूंगा या नहीं। लेकिन अमीर जरूर बनना है।
With such calculations everyone will dream to own a car and house for the rest of his life
Extremely ideal scenario and not at all.a reality
LLA ....you should prepare a example by using all 6 rules ....so that all the rules should be cleared in a single example... jagrut janta will relate and understand more
Thanks bhai all in one video banane ke liye.. You are great
I was hoping for an explanation on why these rules are made and on what basis. Why only 4 years for car, etc
I'm following the CC rule.
MAJOR RULES ARE ALREADY KNOWN BUT STILLS THANKS FOR SHARING
Sometimes you don't need the home buying calculation from all the Fin-influencers.
In my locality I deeply studied the flat rates and their growth % ..
In 2021 a 3BHK flat costs 65L (this rate is for outskirts), in 2024 the rate is nealry double 1.2 Cr for the same property.
If you consider this rate and the property growth rate and the home buy formula, its near impossible to but ur dream home.
I do agree , this formula may be applied some portion of India but if you got to real world with the rates and all you will be helpless as you can not meet the salary requirements as prescribed in this video. (Not only this video but for all the home buying calculation).
The city I am referring is Bhubaneswar.
Please guide us to buy a good term insurance, factors to consider, etc. I currently have a term insurance, but I am over whelmed by the content on RUclips, Instagram. I'm doubting now whether that it's a good insurance which I have purchased or I'm wasting my money.
You can check out their video on term insurance.
There was already a video on term insurance explained by Mandeep
The 72 rule works only for smaller rate of returns. Because if you get 72% returns, then according to that rule the money will double in 1 year, which is obviously not the case. To double the money in 1 year, you'd need 100% returns.
72/returns you got
Hallo Sir,❤
Mai aaj pahali bar apka video dekha hu inta achha laga ki chanal subscribe kar liya.
Ham abhi the lallantop RUclips chanal par aplogo ka baithki broadcast dekha hu aur apke chanal par aaya hu.
Bhai business owners ke liye bhi to koi video banao…ya aisa koi video banao jisse job karne wala bhi business start kar sake
For a change, an ordinary video. Already talked about topic by so many finfluencers
40% down payment is very difficult in today's era. 20% is the realistic one with a 30 year loan and extra EMI at the end of each year.
Hi Rishab, love your vidoes! Have bought health insurance after watching your video on it. Would love to watch a video on Finances after marriage for a working couple!
Will plan :)
Bro, kabhi socha hai ki Indian cricketers itne fantasy sports ads kyun karte hain? Yeh sirf endorsement nahi, iske peeche ek hidden truth hai jo bahut kam log jaante hain! Is topic par ek in-depth video banayi hai-dhekho aur khud sachai samjho!
Please like if u agree ❤
Maza aaya.. as always 🤗
Great work team LLA 😊
Very nice information, it is very helpful👍
This must be taught in school because we are taught that earn money but not to manage money and this is the problem of today's World
Rules i have been following is 5/6
Following 6 out of 6 😎😎😎
Thank you Team LLA ❤
I have followed all excepts Total EMI percentage. I have heavily and aggressively invested in real estate and others. But people should not do this, as it increases stress level.
Very useful 😃 video Maja Aaya😊
What is the rule for marriage spending? How much should be spent for wedding? Can you give a rule RJ sir please..
Should we include the jewellery purchase as wedding expenses or emergency fund?
Interesting will research on this point
@@LabourLawAdvisor If possible. Also, include how much we can spend on trips/vacations.
Aaplog amazing ho ! Maza Aaya !
Salary 20k😢
Ek lakh vale inki video dekh bhi ni rhe hum hi dekh rhe h
dekh rahe hai!! 😅
Hm to job hi nhi krte😂
The Only most important financial rule is, IN ANY CONDITION never take or give a loan on interest. Interest is one of the worst thing in human society.
Last one was helpful as a student
Your cost of living also depends on the city you reside. The same income that can buy certain aspects in Kolkata need not be the same as when living in Mumbai. Rest the rules tend to make much more sense now as I am starting to gain more financial knowledge pretty earlier in life.
Extremely jagruk content, hats off to you sir
Bahut hi informative video tha Lekin mujhe ek sawal puchna tha aapse ki kya Life insurance & Health Insurance ke alava or koi insurance lena chahiya ya nahi (For ex. Accidentle insurance) or yadi haa to kaha se kharide kyoki policy bazar par accidentile insurance nahi milta hai.
Accidental ka rider lena chahiye, Term aur health ke saath milts hai
Main aaj saving k bare main yehi soch rha tha ki..50% saving me jayega baki 30% expenses or 20% investment or wants
Thanks for your video, valuable information 💯
Per day 100 rupees ka kharch hai mera wo bhi afford nahi kar paa raha lekin fir bhi ye video dekhunga because mujhe umid hai future mei mai bahot Ameer hone wala hu 😊
सैलरी 1 लाख है, उसमे से कुछ पैसे PF मे कटते है... तो PF को कटौती मे पकडे या फिर इसे एक slow growing safe investment समझकर बाकी के पैसे को agressive investment मे डाले ??
कृपया मार्गदर्शन करे
Great video ever .
Financial decsion must taken in 20s
Sir, meri age 57 yrs. hai aur maine Term Insurance nahi liya hai. Maine 4 lac ka Personal Loan liya hai.
kya is umar me muze Term Insurance lene ki jarurat hai ?
Please advice
Following most of the rules. Thanks to your channel. Following for a year now.
One query, I'm a single person staying in parent's house. So needs are less. Planning to buy a car cost of which doesn't fit in the rules here, but since I'm single, how much can I modify the rule n exceed the limits? Would it be wise? Already having a corpus of 20L in investments majority of which is equity n gold bonds.
kya corporate employee ko personal health insurance lena chahiye ?? ek video espe v bnana sir ager lena chahiye toh kyu and kya benefit rahegye
Very informative video. Thanks
same yhi follow hua hai abhi tk ghr or car aisi hi lia hai 😊
If you buy anything twice then buy it once. For eg. If you can buy two iphone by keeping in mind rules in video then you can buy it once except car and home
15k Salary wale kuch bhi nhi kar sakte
First increase salary then think of a luxury
Kuch ni kia isiliye 15k salary h😢
Salary bdhane pe focus kro sirf abhi. Ho jaega sab chinta nhi krni hai mehnat krni hai bas.
Bhai apne sahi bole.
Abhi apne skills me kaam kro
Jab skills ho jaygi to salary apne aap badhyga
Jis bhi field me ho
Us field me apna skill bannao
Can you tell whether the "annual household income" and "monthly income" numbers should be post-tax or pre-tax?
Everything is post tax as this is the real money.
Amazing knowledge 👏👏
Thank you for this informative video.
Commenting to keep you motivated for more such great videos
Requesting you to provide information on critical care policy. It is very important.
Veary informative video ❤
Thanks a lot . Very helpful
Now every person is saying buy term insurance, health insurance for family but if you calculate annual premium then it is very expensive and still health insurance does not cover medicines, checkup and doctor cost
Hence, a balanced approach, combining term insurance with return on investment , is essential.