Great timing. I was easily spending crazy amount of money every month because of UPI and Credit card (I pay my bill properly). I was trying to reduce it for long time but not possible to do. Then I decided to track all my expenses by writing in a diary. It helped a lot. Once I got to know the amount of money I am spending every day by looking at diary, fear kicked in and it made me spend less. One of the key areas I spend a lot of money is going to restaurant like 20 times a month. Now it has been 20 days since I start tracking, I didn’t visited restaurant once. It feels like magic.
One of the best episodes I've watched from Zero1 till date... Must watch for the majority of folks out there....we all keep complaining 'kuch bachta hii nahi yaar'....and don't even bother to know about how and where we spend.
Once I & my close friend were talking about perks of marrying a Doctor & you won't believe it , The same evening an ad of Doctor matrimony app came on my youtube shorts😂. Now i have made this habit of switching off my cellular Data or Wi-fi as soon as i no longer require them. I Don't want any third person to listen our private talks even if it's non living being like a smartphone or Alexa.
2 auto pay: Google 1 :100 GB of space 130 rupees a month ( I just need a hard drive) Spotify premium:119 rupees per month I feel this is not bad , but switching to yt premium makes more sense as I watch so much more RUclips.
Dont even think of shelving this series. I am a prudent person in terms of expenses, but still watch your episodes just because of the quality of production. Prateek and Abhishek, good job and carry on!
Hi, all these videos on de-influencing and psychology are very useful and informative. Thanks for giving out all true facts about finance topics. Could you also make a video on how to pick mutual funds? Like what criteria to check and how to evaluate? Maybe a "Checklist" for this is what we need 😛
Multiple accounts work nicely. My salary account is with SBI and my UPI transactions were previously done through Paytm now with India Post Payments Bank. It works excellently.
Hello prateek, I donot agree with you on the fact that purchasing is easy. Normally the total time spend by a person buying stuff online includes reserching, seeing advertisements, comparing 10 different products, thinking wheather I should buy ... If you consider the total time, there are chances that it will be more than what it would take to buy the same product from a small shop. Also it would be great if you can make a video on how supermarkets deceive people by showing offer prices discounts and god knows what.. which confuses customers in finding out the cheapest product and getting the same
Some tricks I used to curb UPI spending: 1. Unlinking my salary account/main account from UPI apps. 2. Having a separate account for UPI with only around 1k in it. 3. Using RuPay credit for UPI transactions. This helped me track expenses at the end of the month.
4 account, 1 for salary (no UPI), 1 for retirement/ppf and long term goals (no UPI or net banking), 1 for household and large expenses, 1 for personal expenses (zero balance).
Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits, such as regularly setting aside money for sound investments.
Building a good investment portfolio is more complex so I would recommend New investors to seek Wayne Gorman's support. This way you can get strategies designed to address your unique long/short-term goals and financial dreams...
Hello! Keep doing these shows else how we can learn to play the game? Internet has levelled the field with access but this is direction you guys are giving. Keep it going! I don’t have any similar friends to discuss these so you guys are the ones I rely on😅
What worked for me was checklist item no 2. I have 4 bank accounts which gets auto credited after my salary via standing instruction. Each account is for a specific purpose .
The problem and advantage is easy availability of credits bhai nowadays even clothes are available on emi, people see per month emi and not the whole amount needed to buy nowadays.
This is exactly what I analysed for increased spending and was able to control my impulse. The next thing I was planning to do it turn off notifications for all e commerce apps on my mobile.
Yes I have seen ads on topics that we discuss with others... these phones have access to our entire life.. and I don't have any autopay except house loan EMI :)
Excellent presentation of the truth behind the scenes of online market and payments.Thank you the whole team for your excellent work and efforts for education like these.....
one can have three bank accounts. 1. Monthly Salary (Should not be linked to UPI) 2. Monthly Spending Account 3. Emergency Fund Account (Should not be linked to UPI)
The series is very helpful thank you a ton for making such videos please continue this series and make a video on anchoring bias and other spending habits ❤
Its all habits. You cannot leave a habit unless you develop a new one. Plan your expense and also have an investment plan. With same UPI you can buy stocks and gold. Keep a piggy bank keep dropping coins and periodically shake it and listen to the sound. Your portfolio be it few hundreds or thousands, watch your money in action. Do this for somedays and see the difference. Talk to friends about it and they will also compete with you in investing.
Thats why I make sure every phone in my home must have 0 ads. I probably haven't seen any ads on my phone maybe since 8 years (I have seen a few but definitely not those which appears after tracking you). Life is great without peskey ads, when i use someone's else's phone I usually get disgusted by the amount of ads they get
This is a brilliant video. Just a reminder that too much of anything is poison, even be it technology. We need to always keep this in mind and deal with the ever evolving and surrounding technology accordingly. We should be consuming technology not the other way around. In simpler terms do not let technology consume you.
Actually, in the 90s and up to 2010 2012, we were just students. Even for our parents, there was nothing to spend on, maruti 800, omni, then zen. Now we have fancy cars, better roads, upi, easy food access. Income increase. Modi developed india. We are spending.
Forgot about adding things to the cart, even if you talk about the products with your friends and family the ads related exactly to the Products are coming up, and it's become terrifying...!!!!
Bro wearing a 1 lakh ka Apple Watch Ultra (which will be useless after a few years as it is an electronic watch) and talking about unnecessary spending 🤣 But a great video, you are right about the psychology part.
I remember once while my mobile was charging in *another room* , and my brother and I were talking about a particular product for a bit....half an hour later and i got an ad for exactly that. Like i had never seen or bothered about that product ever before nor shown any interest in something related to it, but yet i got an ad of it just by talking(physical not online), believing in privacy really sounds delusional to me at this point
Once a wise man said, ''We buy things we don’t need, with money we don’t have, to impress people we don’t like.''
F**** c***
Well said
Fight club
@@asifa.993 That's right. Tyler Durden FTW.
Naval
Warren Buffett Quote: “If you buy things you do not need, soon you will have to sell things you need.”
Well said
Home or 🚗
Great timing. I was easily spending crazy amount of money every month because of UPI and Credit card (I pay my bill properly). I was trying to reduce it for long time but not possible to do. Then I decided to track all my expenses by writing in a diary. It helped a lot. Once I got to know the amount of money I am spending every day by looking at diary, fear kicked in and it made me spend less. One of the key areas I spend a lot of money is going to restaurant like 20 times a month. Now it has been 20 days since I start tracking, I didn’t visited restaurant once. It feels like magic.
The 1st step to solving a problem is to acknowledge it - You're on the right track man!
You can use fold money to track your finances
#notsponsered
@@sugdimama6489Or mymoney #notsponsored.
Save first, then spend.
The best advice I have received at the beginning of my career.
Thats great advice.... Thankyou
One of the best episodes I've watched from Zero1 till date... Must watch for the majority of folks out there....we all keep complaining 'kuch bachta hii nahi yaar'....and don't even bother to know about how and where we spend.
Once I & my close friend were talking about perks of marrying a Doctor & you won't believe it , The same evening an ad of Doctor matrimony app came on my youtube shorts😂. Now i have made this habit of switching off my cellular Data or Wi-fi as soon as i no longer require them. I Don't want any third person to listen our private talks even if it's non living being like a smartphone or Alexa.
2 auto pay:
Google 1 :100 GB of space 130 rupees a month ( I just need a hard drive)
Spotify premium:119 rupees per month I feel this is not bad , but switching to yt premium makes more sense as I watch so much more RUclips.
Some tricks I used to curb UPI spending:
1. Don't spend
Dont even think of shelving this series. I am a prudent person in terms of expenses, but still watch your episodes just because of the quality of production. Prateek and Abhishek, good job and carry on!
Hi, all these videos on de-influencing and psychology are very useful and informative. Thanks for giving out all true facts about finance topics. Could you also make a video on how to pick mutual funds? Like what criteria to check and how to evaluate? Maybe a "Checklist" for this is what we need 😛
Ahhh a good old checklist! We'll send this suggestion to our team for sure:)
This series is really helpful for someone like me who belongs to lower middle class family. Thanks for creating such a good content❤
I can proudly say I am following all these checklist
Very useful series to current generation...
I wish this video and of course this series reach millions!! Hence, from my side, I shared it with my mates..
Multiple accounts work nicely. My salary account is with SBI and my UPI transactions were previously done through Paytm now with India Post Payments Bank. It works excellently.
Hey Zero1 team, this series has been really helpful and informative. Thank you for decoding a lot of myths in a fun way ! Keep posting 🙌🏽❤️
Thanks for your love ❤
Hello prateek, I donot agree with you on the fact that purchasing is easy. Normally the total time spend by a person buying stuff online includes reserching, seeing advertisements, comparing 10 different products, thinking wheather I should buy ... If you consider the total time, there are chances that it will be more than what it would take to buy the same product from a small shop. Also it would be great if you can make a video on how supermarkets deceive people by showing offer prices discounts and god knows what.. which confuses customers in finding out the cheapest product and getting the same
Please keep these contents coming. Also its so good to keep the conversation casual not robotic. ❤
I think we should all take a moment & thank Abhishek for his genuine problems xD
This should be in School Syllabus and not when we have money in hand. Very useful, great work!!
Amongst all the influencers trying to market products, this is a good thing. We are seeing the candle in the darkness.
Have you noticed your spending go up after using UPI?
Yes
Absolutely yes.
No
Some tricks I used to curb UPI spending:
1. Unlinking my salary account/main account from UPI apps.
2. Having a separate account for UPI with only around 1k in it.
3. Using RuPay credit for UPI transactions. This helped me track expenses at the end of the month.
Interesting! Tracking your expenses in any form helps a lot!
4 account, 1 for salary (no UPI), 1 for retirement/ppf and long term goals (no UPI or net banking), 1 for household and large expenses, 1 for personal expenses (zero balance).
Sweep out (pay yourself first) in the first 5-10 days of the month is a strategy that I decided to follow going forward.
Excellent 👌
@@NaveensPhone-k5ygreat 👍 thanks for sharing
ofc these are very useful videos, I've always wanted. very glad, you guys stopped too much hindi. Thank you all!
Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits, such as regularly setting aside money for sound investments.
Building a good investment portfolio is more complex so I would recommend New investors to seek Wayne Gorman's support. This way you can get strategies designed to address your unique long/short-term goals and financial dreams...
Wow!! I am surprised that his name is being mentioned here, I stumbled upon some of his clients testimonies on CNBC news last week..
Same here, I've seen a lot of recommendation about Wayne Gorman, is he really that good?
Recommending wayne Gorman to all beginners who wants to be profitable in their investment.
Recommending Wayne Gorman to all beginners who wants to be profitable in crypto
My wallet is definitely feeling this video, Time to reign in those impulse buys! Thanks for the helpful reminder.
You got this!
Hello! Keep doing these shows else how we can learn to play the game? Internet has levelled the field with access but this is direction you guys are giving. Keep it going! I don’t have any similar friends to discuss these so you guys are the ones I rely on😅
The Summary Was The Best....
I actually find that Investment is also easy because of UPI.... 😃
U guys are too good ...ek dum jhakkaas......
So good, so elegant....just looking like a WOW
Your comment also looks like a WOW!!!!!
This series is creating REAL FINANCIAL AWARENESS! Kudos to the Team😁😁😁!✅
What worked for me was checklist item no 2. I have 4 bank accounts which gets auto credited after my salary via standing instruction. Each account is for a specific purpose .
financial litreacy at its best
kudos to the efoorts
The problem and advantage is easy availability of credits bhai nowadays even clothes are available on emi, people see per month emi and not the whole amount needed to buy nowadays.
This is exactly what I analysed for increased spending and was able to control my impulse. The next thing I was planning to do it turn off notifications for all e commerce apps on my mobile.
You nailed it man!
Yes I have seen ads on topics that we discuss with others... these phones have access to our entire life.. and I don't have any autopay except house loan EMI :)
I think this is the channel that is educating me in a way I never knew I needed. Keep it going till infinity
Thanks Abhishek for Sharing the same problems as most of us are having and the team for solving them🥰🥰
Love your channel! Great way to educate people.
Very good series, keep continue this!
Please never discontinue this series Zerodha
And I really love the team and animations
Everthing is just the best ❤❤
BRB, sending this to boss!
Very good series
Very good series Sir. Please keep up
Please make a video about making a weekly/monthly budget for expenses. Btw you guys are doing an awesome work❤
"If you buy things you don't need, you will end up selling things you need."
Certainly this series is worth it, at least Abhishek will get bonus then.
Much needed video for todays youth.
My thought is what if we try to spend only one month completely without digital payment.
Does it detox this issue?
Please 🙏 continue this type education videos and help us our whole humanity to live better life with money management
Excellent presentation of the truth behind the scenes of online market and payments.Thank you the whole team for your excellent work and efforts for education like these.....
Thank you 🙌
one can have three bank accounts.
1. Monthly Salary (Should not be linked to UPI)
2. Monthly Spending Account
3. Emergency Fund Account (Should not be linked to UPI)
Definitely useful
Thank you
cant explain much better than this- great video
I have seen a lot of videos about saving money but this one is legit and made me think how i spend my money
Very good content. Please don't stop making these informative videos
This channel is a goldmine!!
Aapke video ka hmesha besabri se intezar rahta h sir ❤
Amazing series
Commenting so that he gets the incentive. Very good series. Like the deinfluencing series also.
The series is really good and with practical examples
Very good series
Very useful series! Keep up the excellent work team!
Amazing content 🎉🎉.. kudos for simplicity.
Very good series
I watched every episode on the same day!
The shoe animation was crazy
Checklists are really helpful!!.. 😅
Sir aap Hindi me video banoo, bahut jaruri hai essa video hamare society ke liye 😮😮😮
It was so simple but yet so intelligently put together.
Thanks a lot! :)
Autopays : 2( other than for mutual funds)
Thanks for the information
Thank you 🙌
The series is very helpful thank you a ton for making such videos please continue this series and make a video on anchoring bias and other spending habits ❤
Really liked the topic, how do you guys come up with such brilliant ideas. Research is mind-blowing 💯
The series is excellent. Thank you for such lovely content.
This is so well put! Amazing work you guys… need more such content!
Thank you 🙌Stay tuned, we are churning out more amazing videos for you.
I won't say very good series i will say very very thankyou and impactful now it will be on me to apply thankyou sir!!
Please keep up this series
Much needed video ..thanks and expecting more videos like this to shower with finance knowledge 🎉
Very good series !
Amazing series. Great learning. Thanks a lot 😊
Its all habits. You cannot leave a habit unless you develop a new one. Plan your expense and also have an investment plan. With same UPI you can buy stocks and gold. Keep a piggy bank keep dropping coins and periodically shake it and listen to the sound. Your portfolio be it few hundreds or thousands, watch your money in action. Do this for somedays and see the difference. Talk to friends about it and they will also compete with you in investing.
Sir this help me lot 😢😊
Useful series
In covid times, I learned basics of investing and savings. today I can say it is serving me very well.
Thats why I make sure every phone in my home must have 0 ads. I probably haven't seen any ads on my phone maybe since 8 years (I have seen a few but definitely not those which appears after tracking you). Life is great without peskey ads, when i use someone's else's phone I usually get disgusted by the amount of ads they get
Series is super Good
Very good series please keep up
Really Good episode!
There is series "Social Dilemma" on this topic...
Some it happens even SM starts showing ad even if You thought this into Your mind.
very good series
This is a brilliant video. Just a reminder that too much of anything is poison, even be it technology. We need to always keep this in mind and deal with the ever evolving and surrounding technology accordingly. We should be consuming technology not the other way around. In simpler terms do not let technology consume you.
Actually, in the 90s and up to 2010 2012, we were just students. Even for our parents, there was nothing to spend on, maruti 800, omni, then zen. Now we have fancy cars, better roads, upi, easy food access. Income increase. Modi developed india. We are spending.
Very good series :)
Loved this series
very good series
Absolutely, Love your content! Keep posting ❤
Thanks for your love and support ❤
Very useful information 😂
But I am following the rules for Sure!
Awesome lessons!
Forgot about adding things to the cart, even if you talk about the products with your friends and family the ads related exactly to the Products are coming up, and it's become terrifying...!!!!
Bro wearing a 1 lakh ka Apple Watch Ultra (which will be useless after a few years as it is an electronic watch) and talking about unnecessary spending 🤣 But a great video, you are right about the psychology part.
Very Very Very Useful Sir !
I have auto-pay only for mutual funds SIPs
I remember once while my mobile was charging in *another room* , and my brother and I were talking about a particular product for a bit....half an hour later and i got an ad for exactly that. Like i had never seen or bothered about that product ever before nor shown any interest in something related to it, but yet i got an ad of it just by talking(physical not online), believing in privacy really sounds delusional to me at this point
1000x better than influencers course 😢🙏
Crazy series, loving it ❤