Related Episodes: Building Wealth Series: ruclips.net/p/PL0g8QXs4hyCU36k9b9aZMG4C8OrRTHl35 Power of Compounding: ruclips.net/video/-6AIQSMOqSQ/видео.html Handling Debt: ruclips.net/video/jUD11ffvPBA/видео.html Opportunity Cost: ruclips.net/video/rxYF9Xv01UU/видео.html Financial Planning: ruclips.net/video/gmphBOLjwcQ/видео.html Index Fund Investing: ruclips.net/video/RnBpP-lHNgw/видео.html Risks in Index fund investing: ruclips.net/video/53I0X43PoWQ/видео.html
1. Putting kids in super expensive schools ,not for quality of education, but because of peer pressure 2. Buying expensive car 3. Getting equity linked life insurance instead of term insurance
@@bay_leaf_area1479 This is the mistake many make. They consider life insurance as investment. It is not. Insurance is insurance, dont look for returns.
@@tejeshjptejesh5288 Again, insurance in not a savings. Insurance is not an investment. Get a term insurance and invest the remaining in index funds, bonds, SDL's , golds or even FD, which will give better returns than ULIP.
Here are things I feel are the other wealth killers 1. Changing Gold Jewels every few years. 2. Too spending on Marriages (its just to show off no much use). 3. Not investing on Health Insurance & later paying huge bills. 4. Being lazy and not investing SELF IMPROVEMENT (knowledge). 5. Wasting time on unnecessary things and wasting TIME (watching same movie again and again, wasting time on gossiping like good for nothing topics)
Hi Sir ✋🏽, In this video ITC and IPHONE concept remembering Anand Srinivasan sir's advise on not to spend 😂😂,, You both are the best teachers in school of Middleclass finance.
⤴️Hey!👆Thanks for watching. Tell expert Stephen Patrick that you were referred by me for profitable investment strategy on our new project to participate on it...Msg direct
Thanks a lot Vijay Mohan sir, one of the best financial planning paylist i've ever witnessed :). Daily i saw 2 videos during my lunch hour and now i completed. Wish you the best health and all the best for your future endevours. thanks a lot again
Main wealth killers are credit cards, rich gifts to relatives beyond income level, stone jewelleries, personal loans... On top of all these laziness, fear and lifestyle comparison (puliya pathu poona soodu pota kanaku) were the worst wealth killers...
How to handle peer pressure vs maintaining friends? Nowadays everyone is comparing each other and not talking properly.. Getting good friends in our wavelength are very very difficult
@@InvestmentInsightsTamil ignore mattum than ji pannikittu irukkom.. still searching for good friends 😃😃 Naan mattum than feel panrenu nenaichen.. but I see many here..Hope everyone gets good fri
As soon as we meet new folks in a gathering, the first question that was asked is where we live i.e., in an apartment or own house. From that point you see the conversation just ends or goes in the direction of why you haven't bought a home yet.
It’s a great eye opener on Debs. I used to smart in getting cheap 0% APR in credit card with 3% fee as BT. Now I realize the other side of not investing & not allowing my money to compound. Appreciate your guidance 🙏🏼
As usual brilliant Guruji! Have had many discussions with lower income people like my maid, taxi drivers, and I observed consistently these additional wealth killers 1. Kids education 2. Medical expenses especially parents 3. Relatives and society pressure driven expenses 4. Marriage expenses. In your list the 5th item indirectly feeds the preceding four….. aaga mothtam 1. Aasai 2. Kadamai
How is kids education wealth killer? then, having kids is not advisable, like how some fierce FIRE enthusiasts advice. Medical expenses also can't be categorized as wealth killer. These 2 are essential expenses.
Super sir. Brilliant. I follow all the points whatever you said already. Feeling confident that I'm going on right track. I wish most of the indian people follow your instructions and advices.
Sir you are so inspiring. ! First it was me and my wife following you now its a lot of people ( my colleagues too ) whom are inspired by you. keep continuing your good work.
Hello Vijay @InvestmentInsightsTamil , Thanks for your efforts and have been watching your videos. I have started investing in ETF/stocks after watching your videos as got more confidence.
Vijay your videos are always awesome! It really chages our perception about life and financial understanding! I wish i would have listened to your advise 10 years ago...
Impulse buying and Fear of missing out. I see them commonly spread more that credit and pay later. This is what I try to follow - wait for a couple of days to see if I still have the need or atleast the craving to buy them.
teeth and eye expenses and wife pregnant expenses kids education kids marriage expenses and festival expenses. and vacation expenses and medical leave for long days etc
Onga Casual comedy super. Other wealth killers. 5. Imbalanced portfolio can be a wealth killer. 6. Not being on top of accounting. I know people who forgot to pay property tax and get huge bill. under reporting income and violating tax laws and Govt impose heavy fines. Under insuring can be a reason too.
சார் எனக்கு என்னமோ நீங்க çhennai வந்த மாறியே தோணுது... கல் தோசை.... உளுந்து வடை லாம் correct eh சொல்றீங்க.. அப்படியே அந்த மிமீ creators eh ஒரு போடு போட்டீங்க பாருங்க செம்ம... Thanks for sharing the good information 🙂
Visiting relatives home and functions is one of the major columns in Indian family budget.Surprise visit by relatives to our home. These are happy expenses. There is no way we can reduce that. Indian budget sheet la, always this column stands in top 3. Hence, Looking for an Indianised investment insight 😅
Thalaivaaa, please give an entry. Important aana nerathula advice kudukama absond agitengale. I have watched all of your videos. I know that the answers to the present unstable situation is hidden in each of your previous videos. Irundhalum neenga oru update kuduthengana urchaagama irukum. Please.🙏
Hi VijayMohan._ lot of us who can here in late 2000’s have a long way to go before getting green card. Since the wait time in insane and no guarantee in another decade, I would appreciate a video on what all investments we can make, psychology advice, etc. I know it could differ case to case but would like to know how you handled this uncertainty back then and what you think could be helpful to set a good financial journey
Long live for 100 years my Financial mentor Mr. Vijay anna.. Starting late, saving less investing in non performing assets like gold ornaments, suburban lands, etc is a sure wealth killer.. I have 1cr INR in digital assets (50%) of my networth. When I reach 2.5cr digital assets, I call myself financially independent. Few more years to go..
Gold ornaments? 7% wastage + 3% gst... How is this a non performing asset? You are paying only 10% in excess for getting a beautifully crafted jewellery piece. And gold value has doubled in 8 years. Even if you buy a plot in a superior urban area, you still have to pay for registration and stamp duty @ 12%.
@@gunagohan9561 4% withdrawal rate under FIRE system cannot be applied on ornaments or other physical assets. Gold fund, gold ETF, SGB should work if u r bullish on gold medal.. Choice of investment is depending upon your preference and belief. There is no one solution.
👆Thanks for watching. Tell expert Stephen Patrick that you were referred by me for profitable investment strategy on our new project to participate on it...Msg direct⬆️..
Year 2020: Got 0% APR card and maxed out 20k credit limit for some shopping instead of using my savings. I invested 20k of my savings in market around the same year. Its now worth 35% more. I just cleared 0%apr card debt. Now please explain why credit card debt is bad
Everything is ok.but buying a moderate home or flat for need is essential and not wasted expenses.. because as years pass by rent also will keep growing. It's not always std rate like 20k mentioned in this video . Instead of increased rental u pay emi and own the house rent free later.
After a loooonggg time, apart from shorts..watching a video which I could understand🙏🏼 BTW, sandhadi saakula illai, thaangal epoluthum youth dhaan uncle ji✨
Good one Sir 👍. I am following all this and usually ask my friends to do this. Now I am referring them to your channel. You will soon reach 1million subscribers. And the change you are bringing in a person's financial life is invaluable Sir. we are all indebted to you 🙏
👆Thanks for watching. Tell expert Stephen Patrick that you were referred by me for profitable investment strategy on our new project to participate on it...Msg direct⬆️
Debt is not a block... Its how we see it.. Get a debt to invest and make cashflow.. then it's like using others money to grow ur wealth. Yes u pay interest.. but on a long run, ur investment pays more to u than debt..
yes debt is fine as long as we invest. Debt turns bad on us, if we get that for non-income generating purposes like for purchasing own home or marriage expenses.
1. Credit card la cancel pannitan தெய்வமே 😀🙏 2. பெண் குழந்தையை இருக்கு தலைவா Health killers இருந்தா நல்லாவா இருக்கும். 3. Iphone வாங்கனும்னு ரொம்ப நாளா ஆசை But இப்ப காசு இருக்கு ஆனால் அவசியம் இல்லைன்னு நிறுத்திட்டேன். 4. வீடு வாங்கனும்னு மட்டும் ஒரு Idea இருந்துகிட்டே இருக்கு, பணம் சேர்த்துட்டு பாத்துப்போம் Loan வேண்டாம்னு முடிவுல இருக்கேன். 5. சுத்தி இருக்கிற relations ஒவ்வொருத்தருக்கா medical expenses வருது தலைவா, இல்லைன்னு சொல்ல முடில மாசத்துக்கு 20k to 50K வரைக்கும் செலவு வந்துகிட்டே இருக்கு. Savings எல்லாம் அங்கேயே போகுது. எதாவது expenses ல commit ஆகிக்கலாமா?😕
1. I don't think cancelling is a good option. Spend not more than what you have in savings bank, which ensures you pay in full every month. Many free CC come with perks like cash back and so on... 5. Have you explored health insurance which could cover your medical expenses?
@@gopals796 1. For my character cancelling credit card is a very good Option. 5. Medical expenses are not only for my family, I have 6 uncles who are my mom's own brothers. Every month facing medical issues with any of them, I can't avoid. They only helped me for higher studies. I'm avoiding unwanted expenses, but in case of a medical emergency it's difficult to say NO.
👆Thanks for watching. Tell expert Stephen Patrick that you were referred by me for profitable investment strategy on our new project to participate on it...Msg direct⬆️..
Expensive marriage , expensive school eduction for kids , Scammed by close relative and friend or just random scammers . Taking Ulip plan , no medical insurance .
nan savings rate increase pananum nu nencha kuda enoda wife summa iruka matura.. enga pola anga polam.. lifestyle expectation romba high a iruku.. i can't even convince her.. romba kastama iruku enoda future a nanacha :(
Why the 30% saving rate is important? Trying to understand the math / logic behind the number. Is there a video that explains this? Good content, as always.
loan la yenaku oru doubt iruku...ippo naan 5 L loan vaguren and when i repay with interest after 5 yrs it would be around 7 L of total... Now, in my view, i cant compare 5-7 = 2 loss because the money value of 5L today will not be the same after 5 yrs... So how can we say that we are repaying more ...is my question rite ?
The interest rate will be more than inflation. Anyway part of interest is lost. Eg. Case1: I borrow at 10percent interest rate, Infaltion at 7 percent. Net loss 3 percent. Case2: I invest at 10percent, Infaltion at 7%. Net gain 3 percent. Difference between 2 cases= 3+3=6%for every year.
👆Thanks for watching. Tell expert Stephen Patrick that you were referred by me for profitable investment strategy on our new project to participate on it...Msg direct⬆️.
Sir I am now moving to college ..i need to be financially independent what can I do become financially independent..i have less knowledge in finance..so help me....
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Related Episodes:
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1. Putting kids in super expensive schools ,not for quality of education, but because of peer pressure
2. Buying expensive car
3. Getting equity linked life insurance instead of term insurance
[3] is essentially not wealth killer. may be not a better investment compared to term life. but definitely better than dying without insurance.
@@bay_leaf_area1479 This is the mistake many make. They consider life insurance as investment. It is not.
Insurance is insurance, dont look for returns.
1 and 2 ok but 3 is a savings right
even I do 3 that's why
@@tejeshjptejesh5288 Again, insurance in not a savings. Insurance is not an investment. Get a term insurance and invest the remaining in index funds, bonds, SDL's , golds or even FD, which will give better returns than ULIP.
@@karthikarvindcs ulip literally scam
Here are things I feel are the other wealth killers
1. Changing Gold Jewels every few years.
2. Too spending on Marriages (its just to show off no much use).
3. Not investing on Health Insurance & later paying huge bills.
4. Being lazy and not investing SELF IMPROVEMENT (knowledge).
5. Wasting time on unnecessary things and wasting TIME (watching same movie again and again, wasting time on gossiping like good for nothing topics)
Well done
Fully agree
Hi Sir ✋🏽, In this video ITC and IPHONE concept remembering Anand Srinivasan sir's advise on not to spend 😂😂,,
You both are the best teachers in school of Middleclass finance.
I too Agree
True. During these times, we need people like these folks to put sense.
Power of compounding --ன் பற்றி தங்களது விளக்கம் தெளிவானது.... அருமையானது . திருக்குறள் போல் இனிக்கிறது.
First of all, Belated teachers day wishes, I am proud to say, you are our finance teacher. Because of you only we are thinking and doing some saving,
⤴️Hey!👆Thanks for watching. Tell expert Stephen Patrick that you were referred by me for profitable investment strategy on our new project to participate on it...Msg direct
Thanks a lot Vijay Mohan sir, one of the best financial planning paylist i've ever witnessed :). Daily i saw 2 videos during my lunch hour and now i completed. Wish you the best health and all the best for your future endevours. thanks a lot again
Main wealth killers are credit cards, rich gifts to relatives beyond income level, stone jewelleries, personal loans...
On top of all these laziness, fear and lifestyle comparison (puliya pathu poona soodu pota kanaku) were the worst wealth killers...
Thank you Vijay Mohan for an excellent presentation on the personal financial, which is very useful for me. Thank you again.
How to handle peer pressure vs maintaining friends? Nowadays everyone is comparing each other and not talking properly.. Getting good friends in our wavelength are very very difficult
Very True!
Appadi compare panra aatkal namaku avasiyama nanbaragala irukanuma? May be it is a natural way of getting rid of them.
@@InvestmentInsightsTamil theivame. Same thoughts. Officially you are my gurunaadhar.
@@InvestmentInsightsTamil ignore mattum than ji pannikittu irukkom.. still searching for good friends 😃😃
Naan mattum than feel panrenu nenaichen.. but I see many here..Hope everyone gets good fri
As soon as we meet new folks in a gathering, the first question that was asked is where we live i.e., in an apartment or own house. From that point you see the conversation just ends or goes in the direction of why you haven't bought a home yet.
It’s a great eye opener on Debs. I used to smart in getting cheap 0% APR in credit card with 3% fee as BT. Now I realize the other side of not investing & not allowing my money to compound. Appreciate your guidance 🙏🏼
Sir, நீங்கள் Us ல் இருந்தாலும் உங்கள் எண்ண ஓட்டங்கள் இந்தியாவை சற்றி வருவது மகிழ்ச்சி. நன்றி.
As usual brilliant Guruji! Have had many discussions with lower income people like my maid, taxi drivers, and I observed consistently these additional wealth killers 1. Kids education 2. Medical expenses especially parents 3. Relatives and society pressure driven expenses 4. Marriage expenses. In your list the 5th item indirectly feeds the preceding four….. aaga mothtam 1. Aasai 2. Kadamai
How is kids education wealth killer? then, having kids is not advisable, like how some fierce FIRE enthusiasts advice.
Medical expenses also can't be categorized as wealth killer.
These 2 are essential expenses.
Super sir. Brilliant. I follow all the points whatever you said already. Feeling confident that I'm going on right track. I wish most of the indian people follow your instructions and advices.
Thank you for supporting anand srinivasan sir
Thank you Vijay for the wonderful content.
Putting kids in expensive private schools.
Not having adequate health insurance
Thanks for using Mr.anand srinivasan iyya va indirect a Ulla konduvanthathu
விழுந்து விழுந்து சிரிச்சன்! You have a good sense of humour! Thanks for calling out Anand srinivasan
2:05 special mention Anand Srinivasan sir❤️
Yesh
Yes. Paavam andha manushan.
Aama orutar nalladu sonna yevan kepan
Thanks for the Video Mr.Mohan. You are my Finance Mentor. I never miss your videos.
Kallu kadai dosa - Order pizza semmaaa.
Ok jokes apart great points sir 💯
30%save every month 👍
Thanks.
Very useful and correct listing of wealth killers. Also losing money in online games, lottery, etc. Further buying NPA ( non-performing assets(
Sir you are so inspiring. ! First it was me and my wife following you now its a lot of people ( my colleagues too ) whom are inspired by you.
keep continuing your good work.
Hello Vijay @InvestmentInsightsTamil , Thanks for your efforts and have been watching your videos. I have started investing in ETF/stocks after watching your videos as got more confidence.
Vijay your videos are always awesome! It really chages our perception about life and financial understanding! I wish i would have listened to your advise 10 years ago...
wasting time on social media is also one of the worst wealth killer
Impulse buying and Fear of missing out. I see them commonly spread more that credit and pay later. This is what I try to follow - wait for a couple of days to see if I still have the need or atleast the craving to buy them.
teeth and eye expenses and wife pregnant expenses kids education kids marriage expenses and festival expenses. and vacation expenses and medical leave for long days etc
Other wealth killers are life events and celebrations(vetti bandha) . Throwing parties ( i personally love it) but they are expensive.
Nowadays some people are going to the extent of getting loans to spent for celebration.
Thank you Anna for such good explanation. Your way of explaining things adds more value to the words.
Eye opener for the young generation. Hope your video helps them to get rid of wealth destroying habits. Thank you🙏
Onga Casual comedy super. Other wealth killers. 5. Imbalanced portfolio can be a wealth killer. 6. Not being on top of accounting. I know people who forgot to pay property tax and get huge bill. under reporting income and violating tax laws and Govt impose heavy fines. Under insuring can be a reason too.
சார் எனக்கு என்னமோ நீங்க çhennai வந்த மாறியே தோணுது... கல் தோசை.... உளுந்து வடை லாம் correct eh சொல்றீங்க.. அப்படியே அந்த மிமீ creators eh ஒரு போடு போட்டீங்க பாருங்க செம்ம...
Thanks for sharing the good information 🙂
Sir , Is any restrictions of government employee to invest on stocks?.....
I request you to do dedicated video for the above statement.
Visiting relatives home and functions is one of the major columns in Indian family budget.Surprise visit by relatives to our home. These are happy expenses. There is no way we can reduce that. Indian budget sheet la, always this column stands in top 3. Hence, Looking for an Indianised investment insight 😅
Beautiful one sir. Much appreciate your effort to bring this video out.
Biggest wealth killer now a days .. RUclips shots !
Uncle,
Swiggy la food vangurathum bad habit than.....as IT employee...mostly swiggy la than dinner poaguthu..
The marathon analogy is wonderful. I feel it applies to other walks of life as well
Guys he is right, my wealth killer is my house bought in 2013 around 45 lacks 😭
True words,
Especially Credit card!!!!!
Massu ...masssu....epdi bro....chance a illa...100% correct...
Thalaivaaa, please give an entry. Important aana nerathula advice kudukama absond agitengale. I have watched all of your videos. I know that the answers to the present unstable situation is hidden in each of your previous videos. Irundhalum neenga oru update kuduthengana urchaagama irukum. Please.🙏
Hi VijayMohan._ lot of us who can here in late 2000’s have a long way to go before getting green card. Since the wait time in insane and no guarantee in another decade, I would appreciate a video on what all investments we can make, psychology advice, etc. I know it could differ case to case but would like to know how you handled this uncertainty back then and what you think could be helpful to set a good financial journey
Day trading or self investment without financial knowledge is one of the wealth killers
investing thru options and futures
Long live for 100 years my Financial mentor Mr. Vijay anna..
Starting late, saving less investing in non performing assets like gold ornaments, suburban lands, etc is a sure wealth killer..
I have 1cr INR in digital assets (50%) of my networth. When I reach 2.5cr digital assets, I call myself financially independent. Few more years to go..
Gold ornaments? 7% wastage + 3% gst... How is this a non performing asset? You are paying only 10% in excess for getting a beautifully crafted jewellery piece. And gold value has doubled in 8 years. Even if you buy a plot in a superior urban area, you still have to pay for registration and stamp duty @ 12%.
@@gunagohan9561 ornamental gold cannot be considered under retirement corpus for all practical purposes..
@@kumarraja3089 care to explain the practical purposes? Ornamental gold can be liquidated easily either by selling or pledging.
I think you actually mean saving in liquid assets. Good plan. Good Luck!
@@gunagohan9561 4% withdrawal rate under FIRE system cannot be applied on ornaments or other physical assets. Gold fund, gold ETF, SGB should work if u r bullish on gold medal..
Choice of investment is depending upon your preference and belief. There is no one solution.
Amazing awareness episode, not sure how many understand it. Appreciate it 👍👍 and thanks a lot
👆Thanks for watching. Tell expert Stephen Patrick that you were referred by me for profitable investment strategy on our new project to participate on it...Msg direct⬆️..
One of the useful channels in youtube. Thanks for the information shared. 🙃
Sudden accident, sudden health issues like heart attack, stroke and terminal illness like cancer are wealth killers.
Year 2020: Got 0% APR card and maxed out 20k credit limit for some shopping instead of using my savings. I invested 20k of my savings in market around the same year. Its now worth 35% more. I just cleared 0%apr card debt.
Now please explain why credit card debt is bad
marriage is the biggest wealth Killer Sir
Everything is ok.but buying a moderate home or flat for need is essential and not wasted expenses.. because as years pass by rent also will keep growing. It's not always std rate like 20k mentioned in this video . Instead of increased rental u pay emi and own the house rent free later.
After a loooonggg time, apart from shorts..watching a video which I could understand🙏🏼 BTW, sandhadi saakula illai, thaangal epoluthum youth dhaan uncle ji✨
🤣
Correct ah sonninga. How to get away from these wealth killers nu oru video podunga.
Brilliant video Vijay sir. Ungal nakkal super really enjoyed !!
Great explanation with awesome examples.
Recently online rummy,dream 11 etc also wealth killers
Movie ticket and pop corn for 3ppl is equal to one year subscription of OTT. I can watch same at home...
Good one Sir 👍. I am following all this and usually ask my friends to do this. Now I am referring them to your channel. You will soon reach 1million subscribers. And the change you are bringing in a person's financial life is invaluable Sir. we are all indebted to you 🙏
Thanks for your co-operation sir ...keep going
I would love to hear you narrate tamil stories too dear sir !
Vijay sir.. Ultimate msg. Thanks for your video...
Sema sir. In love with your way of explanation 👍
A great episode!! Especially the saying about own house
After long time very interesting and useful video thank you vijay sir🙏
jewels for family and it will sit in locker , buying huge TV or any other electronic goods , buying many unwanted things.
👆Thanks for watching. Tell expert Stephen Patrick that you were referred by me for profitable investment strategy on our new project to participate on it...Msg direct⬆️
Debt is not a block... Its how we see it.. Get a debt to invest and make cashflow.. then it's like using others money to grow ur wealth. Yes u pay interest.. but on a long run, ur investment pays more to u than debt..
yes debt is fine as long as we invest.
Debt turns bad on us, if we get that for non-income generating purposes like for purchasing own home or marriage expenses.
Unga speak romba fun na happy ya iruku bro keep doing 😍
That ITC meme is for Mr.Anand srinivasan
1. Credit card la cancel pannitan தெய்வமே 😀🙏
2. பெண் குழந்தையை இருக்கு தலைவா Health killers இருந்தா நல்லாவா இருக்கும்.
3. Iphone வாங்கனும்னு ரொம்ப நாளா ஆசை But இப்ப காசு இருக்கு ஆனால் அவசியம் இல்லைன்னு நிறுத்திட்டேன்.
4. வீடு வாங்கனும்னு மட்டும் ஒரு Idea இருந்துகிட்டே இருக்கு, பணம் சேர்த்துட்டு பாத்துப்போம் Loan வேண்டாம்னு முடிவுல இருக்கேன்.
5. சுத்தி இருக்கிற relations ஒவ்வொருத்தருக்கா medical expenses வருது தலைவா, இல்லைன்னு சொல்ல முடில மாசத்துக்கு 20k to 50K வரைக்கும் செலவு வந்துகிட்டே இருக்கு.
Savings எல்லாம் அங்கேயே போகுது.
எதாவது expenses ல commit ஆகிக்கலாமா?😕
1. I don't think cancelling is a good option. Spend not more than what you have in savings bank, which ensures you pay in full every month. Many free CC come with perks like cash back and so on...
5. Have you explored health insurance which could cover your medical expenses?
@@gopals796 1. For my character cancelling credit card is a very good Option.
5. Medical expenses are not only for my family, I have 6 uncles who are my mom's own brothers. Every month facing medical issues with any of them, I can't avoid. They only helped me for higher studies. I'm avoiding unwanted expenses, but in case of a medical emergency it's difficult to say NO.
You are videos are very helpful.
Very nice explanation sir. Thanks.
Another wealth killer:Not having a health insurance.
👆Thanks for watching. Tell expert Stephen Patrick that you were referred by me for profitable investment strategy on our new project to participate on it...Msg direct⬆️..
Very funny, loved it. 30% highlight is the best!
Awesome video Mohan Ji 🙂
Expensive marriage , expensive school eduction for kids , Scammed by close relative and friend or just random scammers . Taking Ulip plan , no medical insurance .
nan savings rate increase pananum nu nencha kuda enoda wife summa iruka matura.. enga pola anga polam.. lifestyle expectation romba high a iruku.. i can't even convince her.. romba kastama iruku enoda future a nanacha :(
Hi sir,,
Thanks for your knowledge share... Can you throw some lights on ESPP and RSUs and taxes levied on this..especially when converting to INR
Wonderful explanation 🎉🎉🎉🙏
Anand sir ku support panratuku thank you
Entertainment/Weekend Outings என்கிற பெயரில் செய்யப்படும் செலவுகள்.
Why the 30% saving rate is important? Trying to understand the math / logic behind the number. Is there a video that explains this?
Good content, as always.
The more the better. Watch the "Building Wealth series" to understand how we can leverage our savings rate for our financial growth.
How to handle relatives pressure? Even my mom says need buy a land. Kadan irundha dhaan relative kita kasu illanu sollalam nu soldranga.
Hi sir , please make a video about solving DEBT trap!
It is already there: Handling Debt: ruclips.net/video/jUD11ffvPBA/видео.html
Intha mari economy knowledge ilama ...or theriuma irukueathum oru wealth killer dha ..✌️
Sir thank you for this video.
Bro please start suggest good stocks in India apart from nifty 50... Atleast 2 stocks per week for a long term investment min 20 years.
Having costly Car is a major wealth killer Sir
loan la yenaku oru doubt iruku...ippo naan 5 L loan vaguren and when i repay with interest after 5 yrs it would be around 7 L of total... Now, in my view, i cant compare 5-7 = 2 loss because the money value of 5L today will not be the same after 5 yrs... So how can we say that we are repaying more ...is my question rite ?
The interest rate will be more than inflation. Anyway part of interest is lost.
Eg. Case1: I borrow at 10percent interest rate, Infaltion at 7 percent. Net loss 3 percent.
Case2: I invest at 10percent, Infaltion at 7%. Net gain 3 percent.
Difference between 2 cases= 3+3=6%for every year.
Mass Thalaivarey neenga…😃
neenga solra 30 %saving ku edum logic irukaa
illa unga assumption ah?
super episode sir
usa series ah pottu yengala kaaya vutinga
Not 30% saving rate he told 30% saving amount of your salary
@@prakashvp5872 ok!!! adhu ku logic iruka
Watch the Building Wealth series to understand where the 30% savings rate coming from. More the better.
Very nice explanations.
👆Thanks for watching. Tell expert Stephen Patrick that you were referred by me for profitable investment strategy on our new project to participate on it...Msg direct⬆️.
Yov nee pesradha 1.5X la vechalum slow va dha ya irku...
Normal ah keta nalla thookam vardhu
Sir I am now moving to college ..i need to be financially independent what can I do become financially independent..i have less knowledge in finance..so help me....
Vanakkam Thalaiva !
I like & prefer ulundha vadai😋💪🏾, instead of doughnuts/pizza...
🤣 Me too. 🙂
Thanks for your videos. 🙏
Would you recommend buying gold as a part of savings? A gram or 2 per month?
I am not a fan of gold. If you like it, by all means, go for it.
Superb concepts sir
Keep rocks
Happy by seeing your notification sir ❤️