I hope you will love this Video. Jai Hind. Download GIGL app for 180+ FREE Summaries (Android) play.google.com/store/apps/details?id=com.gigl.app&hl=en_IN&gl=US Download GIGL app for 180+ FREE Summaries (IoS) apps.apple.com/us/app/gigl-hindi-audiobook-summaries/id1548413910 ChatGPT and UA-cam course for Premium Members:- ua-cam.com/channels/urYxozQbvKn-oNUxNJh45Q.htmljoin My Personal Channel ua-cam.com/channels/Zt6GXD3VnY4rsvXqLX8IQw.html
2din me 1400rs clg exam fee ki jarurat he loan ni mi ra sare dosto se udhar le chuka hu na aur na thrid party se kuch help mil ri kyuki under 18 hu kya karu samj ni ara
My 1st salary was Rs 9000/month. Now I earn in 6 figures per month. I had credit card since my 1st job. I have never paid a single rupee as Credit Card interest.
The title of this video should be dark Side of negative compounding. Compounding is the most beautiful concept which has actually changed by entire life
Formulas are simple 1) Dont take lones if you have any already come to zero as soon as possible 2)Dont take credit cards you dont need them because it increases the anxiety of an individual to spend more 3)to buy a thing instead of paying emi do a sip wait for the thing and save money for it dont fall a pray for a bank 4)live a simple life take insurance for your loved ones keep your emergency fund for 6 months in advance 5)dont show too much love for any thing because once it comes to your hands you barely use it for an year after that you will lose intrest on it which turns that as a liability this applies to any object or material you are feeling very important today may not be that much important for you when you get it
I too got stuck in the loop of negative compounding. I managed somehow as there were people to help me. But I'll suggest a good strategy here, we cannot get away from our expenses and important expenditures like a home loan or a car loan. If you're a bachelor then keep your EMI's under 30% of your monthly salary 25% if you're recently married And 20% if you hava a family. 50% for your fixed needs (rent+groceries+travel+any other unavoidable expense) 30% for your wants( EMIs+ all those activities that makes you happy) 20% for savings (health insurance + term insurance +ppf+ monthly mutual funds SIP) You'll never get trapped into negative compounding
Not possible everywhere... Even In Mumbai Suburbs or nearby areas 500 square feet apartment in building costs 75 lakhs to 2 crore. Again In Outer parts of Pune 1000 square feet land costs more than one crore.Proper city is more costly. How to keep installment at 20%?
Good video. Realistic at some levels! However, you have taken all the negative scenarios at once. 1. In most metropolitan cities, both partners are earning, and hence intake salary becomes somewhere around 1+1 lakhs. 2. People usually avoid taking both home loan and car loan in one go. If they are going, they usually have a lumpsum amount accumulated for prepayments or down payments. 3. Considering a scenario, where person is liable for home as well as car loan, then personal loan is not taken by these type of audience. Credit score is considered while giving any such loan, where it will be rejected in this case.
Very helpful video.. I once took home loan of 16 Lacs, which with interest I paid 30 lacs in 5 years😀.. Never take home loan, it's my suggestion.. They take 95% interest on your 1st EMI, ONLY 5% IT YOUR PRINCIPAL MONEY WHICH YOU PAY IN 1ST HOME LOAN EMI, SIMILARLY THEY CHARGES FOR INTEREST GEYS LOW AS EMI SUCCESS.. GOT IT HOME LOAN IS INVERSALY PROPORTION TO INTEREST ON HOME LOAN
Middle class loan car house mobile in jese cheezo par lete hain iss liye yee credit card trap main fass jate hain baki bussinesman loan bussiness ko badane ke liye lete hain iss liye vo iss trap main nahi faste
I don't think this video deserves less than 10/10 stars by any means. Everything is just perfect, the presentation, statistics, approach, structure everything is just immaculate👌👌 But unfortunately, when I was in college & when I got my first job, in 2004, there was no fuckin youtube in India. I was an illiterate in financial education. I learned everything abt finances from the internet esp. UA-cam in 2020 & 2021, but by then I was already engulfed myself into the debt trap. My credit card that has an initial credit limit of 70K has grown upto a humongous credit limit of 6 Lacs in last 10 years, I have used it so much. I have nothing but regret in my hands. But one thing I am sure that I will guide my son in such a way that he is gonna retire & be financially free at the age of 40 itself. Thanks to my introduction to stock market & power of compounding.
In Mumbai actually only 12% people earn car. Cuz public transport is best. And most locals are crowded for those who come outside from Mumbai lile thane, virar, panvel, navi mumbai, kalyan etc.
As a investment advisor I have met many persons who are ready to take loans but not ready to invest in mutual fund or stock .I have explained many things by sharing your videos.many are in debt trap and now I am helping many of them to exit from debt trap .your videos help me alot in this process.thank you.
I have taken sbi smart scholar insurance which is invested in sbi life equity fund which has given 23% return in exact 1 year. So if I invest 1 lakh it appreciated with 23k. This may multiply depending on how the market is.
Hi Brother, after clicking the thumbnail I got a pop asking for viewers consent stating your video is having self harm or suicidal content. But content is perfectly fine. Please check with you UA-cam, your views might get impacted
Hello sir. You sent a video in your whatsapp channel about why people are curious to know about different things. Same with me, my uncle gave me rich dad poor dad book 2 years ago and I read it. Since then I always try to get knowledge from every field. Thanks for this wonderful observation ❤
Holding 12780 rs in 2010 Now in 2023 holding 145000 rs With health insurance.. term insurance.. sufficient equity investment .. with some more LIC .. bharti axa policies
Hi gigl lndia l am following you from 9 months but, from four months my health is very very ill and i have even pain in my stomach also. So can you make one video on health motivatio then i motivate and this also give benifites to our subscribers family please bro big fan🙏🙏🤗
The Debt/Borrowing is very important factor while you create your wealth or assets But you should find your break even point example earning 25 lakhs per annum Expenses 10 lakhs per annum Now you make investment 15 lakh & loan upto 5 lakhs Hence you can give emi/ interest on 15 lakhs investment return and on same side investment CAGR 15% to 20 % grow drastically multiply your wealth 🤑
Hello sir My neighbour buy a new car tata nexon On emi With average salary 1 lakh and they have three kids 2 in 12 and 1 in college 3 rd year So telll me the car is good or bad investment and i think thier monthly expense are above 1lakh phir bhi new car le li please tell this in video
2013:- my salary was 5825rs per month 2015 i had same salary 2017 i had salary of 46000 2019 i had salary of 200000 2022 i had salary of 300000 Now planning and investing to earn daily 15k and further 50k...
I earned in 6 digits and so does my wife. Still we don't own a house or a car. We both had an understanding that we will buy a house only when we can retire without worrying about all the expenses even after considering the home EMI.
Super idea. My friend buy a house with loan of 38k per month EMI. Same building I m staying with 10k rent😂😂 So, the house he is paying is 38k and I m paying 10k. Remaining I m investing in mid and small cap future oriented stocks.
Dont be stupid, bcz of typical fin guru like this hv demonize buying house which caused shoot up in rent like anything.,.. Ye youtube wali generation peli jaegi acche se..
@03:11 this was just a Example, But for yr Information Mumbai was always About Public Transport, even Today's age of EMI most of the middle class people prefer Public Transport becouse of it's deep network and cheap fares
My first salary 800₹ now after 22 years is 70000₹ with 2 bike a car and no loan ., no credit card ., jitna hi utna mai ... Allah ka shukra hai mai khush hu
According to servey,news,and all you tuber tell me..what is monthly income by indian under 10k how much indians earn...under 20k..under 30 k.....is tarah ka ek bhi ek chart bnaye..
Spend now and pay later us wajah se bhi badh raha hai kyu ki inflation rate badhta hai aur phir jo savings hai woh kaam pad jati hai baad mein buy karte ke liye
Yes this is quite good , I did not go for another loan after my home loan . due to some issue with the house owner we choose option of buying flat and closed the loan within 6years and tried to close the loan by prepayment option , taking loan is not bad but you need to plan your expenses , as me and my husband are working we only bought the flat with the furniture we had never spent huge amount for furniture we lived very simple life and kept the life free from expenditure as much as possible , now we are planning to buy car but that we won’t take loan we are saving the money may be we can take a loan up to 1 to 2 lakh , there also we will see if no freezing period for prepayment available then only go for that or else will save the entire amount and then only buy the car
This video teaches us that...taking a home loan is a financial trap....first take a loan and invest somewhere.......generate income...50% loan repayment per month and then buy... home.....till the period live in rental home
Aree bhaii before doing that you must have sufficient backup... Just think what if you fail to generate the returns? Ah!! And also this will not provide you any deduction in income tax as it is necessary to invest loan taken within 3 y in building home!!! Not as easy as you think buddy
@@copralgistgaming8949 waise thodi na huj ambani ko puri tarah copy karenge Hum middle class mai home le liya aur ushko loan mai chadaye tho wo asset ban jayenga aishe hi baki ki chize kar sakthe hai
@@AkshayY0007 Free ki baat ni, business karne per koi pabandi ni. Qarz per zyada wasool karne per pabandi he. Is tarha ghareeb admi ghareeb tar hota jata he..
Sir, aap jaise logo ki Financial videos dekh mai bahut hi kam age me Paise ka Psychology samajh gaya hu. Mai kahi bhi paisa lagane se pahale ya kuch bhi purchase karane se pahale se sochata hu ki kaya ye mere liye wealthy hai ,jaroori hai ya nahi. Agar jaroori nahi hota to mai usako khareedata hi nahi. Bina jaroorat ke koi bhi cheej nahi kahreedata aur na hi kisi ko deta hu. Aur meri isi habit ne mujhe paisa save karana sikha diya. And paise ko grow karana sikha diya. Thanks a lot sir.❤
hemant sir is only youtuber who is capable of changing people's lives by educating them in systematic way in depth, hat's off to you and your efforts sir 🙏💖
Gigl is now just a business channel now they don't upload videos for inspiration and ideas and creativity.please upload video related to management and development for young generation
I follow simple formula, live simple life and eat home made foods, avoide most of outside food, dont buy anything over loan, when I have enough money then I buy them. dont buy any itme which required more items to perform, like TV, when you buy TV then you will have to buy extra speaker + HD Set op box/ High Speed Wifi + Mobile recharge of all family member ( maturity is when you understand that company force us to buy their selected plans like 666 because if go to other plan then it will cost you more ) etc.. its an total loss deal in my point of view.
Don't go for car or other emis. Give cash as much as possible. Only home should be taken on emi. Value of home increases and home loan emi is less than other loans
मेरे ससुर ने अपनी 35 साल तक की नौकरी में एक करोड़ की प्रॉपर्टी खड़ी करी वह भी लोन के सहारे उनका मानना है अगर आप 5 साल के लिए लोन लेते हो तो उस लोन को 2 साल में पूरा करने की कोशिश करो इससे लोन जल्दी पूरा होता है और हम किसी भी मुसीबत पर नहीं , पढ़ते हैं
But isme ye bataya h ki wo (tenants) Electricity board ko pay kar rhe the so what he done is ... solar roof lagawa diya so ab wo Electricity ka unse fix or may be variable amount lete rhnge as a Electricity charge... so it become asset for him
I also have taken 3 loans but successfully paid EMI without any defaults and now have a healthy CIBIL score. Reason always saved upto 3 EMI amount in upfront so even if my salary was delayed always paid EMI auto debited on 2nd of every month.Also try to pay maximum down payment if purchasing consumer durable.With these steps you will get healthy CIBIL score which will help you get personal loan at low interest compared to others as low CIBIL score attract high interest rate.
Mai batatha hu badhe badhe building’s kaise banathe hai…. These people have tie up with mba colleges… in last semester they will give task to bring investment like 30k 50k 100k who will bring more money they will get good marks in project… obviously students will do that sincerely… students will be brain washed that investment will give big money…. Students will also say the same thing for neighbours, villagers … their will be lock in period of 3 to 5 years …. After the time period they get same amount or less than the amount paid ….. then all the neighbours and villagers will come to your house to ask or pay the profit you promised……this is real incident….the family lost everything…..😞😭
My concept is to pay Fixed expenses then 40% of the remaining money goes to investment like stocks and crypto and 20% for safe investment like bonds and last 40% to variable expenses
If people understand what is necessary and unnecessary expenses..it is easy to stay safe... don't spend your money to show-off.. rather use money to increase your wealth for example instead of buying a costly phone you can buy a mutual fund or stock... once you start earning in above 50 lpa then buy iphone... Always remember try to save atleast 20% of your salary...
I want to know how to find or identify positive compounding asset(in term of business)or how to structurise it? It will be more helpful.. you tell through rent option but in term of business that can repay loan and sustain.
I hope you will love this Video. Jai Hind.
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2din me 1400rs clg exam fee ki jarurat he loan ni mi ra sare dosto se udhar le chuka hu na aur na thrid party se kuch help mil ri kyuki under 18 hu kya karu samj ni ara
Sir solution nahi mila thikthak
9⁹óóooooo
@@amaterasu9420Aur zyada Solutions bataiye
@@silentff6540 ohiytmtt
My 1st salary was Rs 9000/month. Now I earn in 6 figures per month. I had credit card since my 1st job. I have never paid a single rupee as Credit Card interest.
What job you do
Stock market 😅
10 lakh
@@Pievsv162 right 😂
What job
10000 rent , 5000 healthy grocery,5000 gas light bill, bus pass 1500 , , overall expenses 25000 savings 75000
Simple living is way of life
You are same as me
12000 rent, 13000 food and other expenses, 600 travell delhi local bus
And remaining my saving
Earning 87k
You are same as me
12000 rent, 13000 food and other expenses, 600 travell delhi local bus
And remaining my saving
Earning 87k
People are eqrning so well..
I will have to earn 1 lakh per month first..
Different face of story...
@@naman881 what job you do ?
@@AT-xw7kx
Gov employee group b office rank
The title of this video should be dark Side of negative compounding. Compounding is the most beautiful concept which has actually changed by entire life
Audience capture funda hai aur kuch nhi..
Absolutely..
या तो Risk उठाओ और आगे बड़ो या फिर Risk न उठाकर अपने लिए खुद एक Risk बन जाओ
Gigl lover button
Formulas are simple
1) Dont take lones if you have any already come to zero as soon as possible
2)Dont take credit cards you dont need them because it increases the anxiety of an individual to spend more
3)to buy a thing instead of paying emi do a sip wait for the thing and save money for it dont fall a pray for a bank
4)live a simple life take insurance for your loved ones keep your emergency fund for 6 months in advance
5)dont show too much love for any thing because once it comes to your hands you barely use it for an year after that you will lose intrest on it which turns that as a liability this applies to any object or material you are feeling very important today may not be that much important for you when you get it
Valuable info.. Tnq❤
@samuraisparrow666credit card fees??
Last point is soo relatable to me … thanks for that specific advice
Very well said ❤
@@harderharder6713Only keep AMC free cards
Rent - 0 (Live with parents WFH)
Food & Groceries - 5,000
Petrol & Bills - 8,000
Misc exp - 7,000
Investment - 70,000
Savings - 40,000
Income - 1,30,000
No loans.
Simple and happy life.
Bhadiya but not everyone has choice and is privileged to get a job in same city as their hometown
Bhai r u married.. if Yes then u lie and if u not married then y r u saving and who will enjoy at age of 37 or 40.. 🎉🎉
@@Shambhuborder im not married. I'm in my mid twenties.
MONEY IS BIGGEST WEAPON.
EVERYONE HAS TO USE IT CORRECTLY.....
It's just a Tool,
Real weapon is your Assets
My father always told to not take loan in life. Live with what you have. You will stay happy all the time.
Not bad loan (like for ur luxury)but good loan is necessary
GIGL in first video: magic of compounding
Video after 1 year: dark side of compounding 😂😂😂
I too got stuck in the loop of negative compounding. I managed somehow as there were people to help me.
But I'll suggest a good strategy here, we cannot get away from our expenses and important expenditures like a home loan or a car loan.
If you're a bachelor then keep your EMI's under 30% of your monthly salary
25% if you're recently married
And 20% if you hava a family.
50% for your fixed needs (rent+groceries+travel+any other unavoidable expense)
30% for your wants( EMIs+ all those activities that makes you happy)
20% for savings (health insurance + term insurance +ppf+ monthly mutual funds SIP)
You'll never get trapped into negative compounding
Why do you need loan to build a home, to buy bike, car? Aisi Zindagi ka kya faida 😂...lena hai toh full cash nahi toh mat lo
So true!
Not possible everywhere... Even In Mumbai Suburbs or nearby areas 500 square feet apartment in building costs 75 lakhs to 2 crore. Again In Outer parts of Pune 1000 square feet land costs more than one crore.Proper city is more costly. How to keep installment at 20%?
Quite informative video ❤❤
Happy Durga Asthami ❤
LoooooooooooooovE from West Bengal India 🇮🇳 😊❤
Good video. Realistic at some levels! However, you have taken all the negative scenarios at once.
1. In most metropolitan cities, both partners are earning, and hence intake salary becomes somewhere around 1+1 lakhs.
2. People usually avoid taking both home loan and car loan in one go. If they are going, they usually have a lumpsum amount accumulated for prepayments or down payments.
3. Considering a scenario, where person is liable for home as well as car loan, then personal loan is not taken by these type of audience. Credit score is considered while giving any such loan, where it will be rejected in this case.
Lol 😂 which world u live in earning 1lac
@@XoxoXoxo-n8uhe is right if you are an IIT or IIM graduate you can definitely earn more than one lacks a month
@@XoxoXoxo-n8umany of the software engineer earn more 1 lakh whose experience is more than 6 years.
Very helpful video..
I once took home loan of 16 Lacs, which with interest I paid 30 lacs in 5 years😀..
Never take home loan, it's my suggestion.. They take 95% interest on your 1st EMI, ONLY 5% IT YOUR PRINCIPAL MONEY WHICH YOU PAY IN 1ST HOME LOAN EMI, SIMILARLY THEY CHARGES FOR INTEREST GEYS LOW AS EMI SUCCESS.. GOT IT
HOME LOAN IS INVERSALY PROPORTION TO INTEREST ON HOME LOAN
Isliye mene loan leke Ghar nahi banaya ..abhi rent per hu 8000 month
100% correct 10 out of my 7 friends are stuck on this trap and very difficult to get out of it.
Simple solution: Don't marry , even if u marry don't have kids....
Are bahi 😂
Bhai tum dharti pe aaye kya krne ho..
Sbko yaha jabardasti laya jata h kisi ko pta hai nhi ki Krna kya hai sb Gyan Dene me lge hue h😂😂
@@tonystar8355Woh chahte ha ki bache ho toh assset bane Aaj k jana ne mei na ki log family vlogs Aur bachio k tik tok pe guzara kare 😂
Middle class loan car house mobile in jese cheezo par lete hain iss liye yee credit card trap main fass jate hain baki bussinesman loan bussiness ko badane ke liye lete hain iss liye vo iss trap main nahi faste
I don't think this video deserves less than 10/10 stars by any means. Everything is just perfect, the presentation, statistics, approach, structure everything is just immaculate👌👌 But unfortunately, when I was in college & when I got my first job, in 2004, there was no fuckin youtube in India. I was an illiterate in financial education. I learned everything abt finances from the internet esp. UA-cam in 2020 & 2021, but by then I was already engulfed myself into the debt trap. My credit card that has an initial credit limit of 70K has grown upto a humongous credit limit of 6 Lacs in last 10 years, I have used it so much. I have nothing but regret in my hands. But one thing I am sure that I will guide my son in such a way that he is gonna retire & be financially free at the age of 40 itself. Thanks to my introduction to stock market & power of compounding.
In Mumbai actually only 12% people earn car. Cuz public transport is best. And most locals are crowded for those who come outside from Mumbai lile thane, virar, panvel, navi mumbai, kalyan etc.
As a investment advisor I have met many persons who are ready to take loans but not ready to invest in mutual fund or stock .I have explained many things by sharing your videos.many are in debt trap and now I am helping many of them to exit from debt trap .your videos help me alot in this process.thank you.
Can you please give me some suggestions regarding one of my query? May I ask you?
It's more of a personal choice, buying a home instead of playing sip sip on a rented house isn't that bad
I have taken sbi smart scholar insurance which is invested in sbi life equity fund which has given 23% return in exact 1 year.
So if I invest 1 lakh it appreciated with 23k. This may multiply depending on how the market is.
@@thtanmoy22 I'm an MBA. I will try to guide you.
Guide me too@@vijaykumarprajapat8623
Hi Brother, after clicking the thumbnail I got a pop asking for viewers consent stating your video is having self harm or suicidal content. But content is perfectly fine. Please check with you UA-cam, your views might get impacted
Hello sir. You sent a video in your whatsapp channel about why people are curious to know about different things. Same with me, my uncle gave me rich dad poor dad book 2 years ago and I read it. Since then I always try to get knowledge from every field. Thanks for this wonderful observation ❤
Can you tell me which video are you referring to?
My Sunday is incomplete without your vedios...😊❤
Videos not vedios
my first salary was 27000 & now after 9 years its 67000 after all deductions
Holding 12780 rs in 2010
Now in 2023 holding 145000 rs
With health insurance.. term insurance.. sufficient equity investment .. with some more LIC .. bharti axa policies
20k to 90k in 6 years but finance is not optimized. Spending most of it. Need to work hard on savings.
Hi gigl lndia l am following you from 9 months but, from four months my health is very very ill and i have even pain in my stomach also. So can you make one video on health motivatio then i motivate and this also give benifites to our subscribers family please bro big fan🙏🙏🤗
May be irritable bowel syndrome
Do proper research and put some practical facts before making a video.
The Debt/Borrowing is very important factor while you create your wealth or assets
But you should find your break even point example
earning 25 lakhs per annum
Expenses 10 lakhs per annum
Now you make investment 15 lakh & loan upto 5 lakhs
Hence you can give emi/ interest on 15 lakhs investment return and on same side investment CAGR 15% to 20 % grow drastically multiply your wealth 🤑
Hello sir
My neighbour buy a new car tata nexon
On emi
With average salary 1 lakh and they have three kids 2 in 12 and 1 in college 3 rd year
So telll me the car is good or bad investment and i think thier monthly expense are above 1lakh phir bhi new car le li please tell this in video
2013:- my salary was 5825rs per month
2015 i had same salary
2017 i had salary of 46000
2019 i had salary of 200000
2022 i had salary of 300000
Now planning and investing to earn daily 15k and further 50k...
Can you tell us what work do you do?
@@ashishacharya129it
@@ashishacharya129 Department of Fekology 😂
Thanks a lot for making this video and enlightening us about the importance of financial awareness.
I earned in 6 digits and so does my wife. Still we don't own a house or a car. We both had an understanding that we will buy a house only when we can retire without worrying about all the expenses even after considering the home EMI.
Super idea.
My friend buy a house with loan of 38k per month EMI.
Same building I m staying with 10k rent😂😂
So, the house he is paying is 38k and I m paying 10k. Remaining I m investing in mid and small cap future oriented stocks.
@@mohannadar8u873 Bhai Ghar 4 diware nahi hoti
@@mohannadar8u873jab tumhara dost duniya se jaaega, khud ka ghar chhod ke jaaega. It matters.
U both are fool
@@mohannadar8u873kal waale dip mein kitna profit burn huwa 😅
Dont be stupid, bcz of typical fin guru like this hv demonize buying house which caused shoot up in rent like anything.,.. Ye youtube wali generation peli jaegi acche se..
@03:11 this was just a Example, But for yr Information Mumbai was always About Public Transport, even Today's age of EMI most of the middle class people prefer Public Transport becouse of it's deep network and cheap fares
Yes correct bro
Viewer discretion is advised The following content may contain suicide or self-harm topics.
My first salary 800₹ now after 22 years is 70000₹ with 2 bike a car and no loan ., no credit card ., jitna hi utna mai ... Allah ka shukra hai mai khush hu
Why is this video flagged ?
UA-cam want reality be hidden
ये बेफकूफी सिर्फ वो लोग करते हैं जोअपने आप को ज्यादा पढ़ा लिखा समझते हैं। और चादर से ज्यादा पैर फैलाते हैं।😮😮😮😮
According to servey,news,and all you tuber tell me..what is monthly income by indian under 10k how much indians earn...under 20k..under 30 k.....is tarah ka ek bhi ek chart bnaye..
Spend now and pay later us wajah se bhi badh raha hai kyu ki inflation rate badhta hai aur phir jo savings hai woh kaam pad jati hai baad mein buy karte ke liye
Yes this is quite good , I did not go for another loan after my home loan . due to some issue with the house owner we choose option of buying flat and closed the loan within 6years and tried to close the loan by prepayment option , taking loan is not bad but you need to plan your expenses , as me and my husband are working we only bought the flat with the furniture we had never spent huge amount for furniture we lived very simple life and kept the life free from expenditure as much as possible , now we are planning to buy car but that we won’t take loan we are saving the money may be we can take a loan up to 1 to 2 lakh , there also we will see if no freezing period for prepayment available then only go for that or else will save the entire amount and then only buy the car
Content Quality channels are dying 😢😢
This is all bullshit,everyone knows these kind of things,ur just making videos and earn a lot of money.
Between 90k-120k-Middle class
Between 30k-90k-Lower middle class
Between 10k-30k-poor class
Under
So i am ultra poor with zero rupees and a loan of 10 lakhs
@@chiragdhanani1033who gave u loan of 10 lacs without any source of income
This video teaches us that...taking a home loan is a financial trap....first take a loan and invest somewhere.......generate income...50% loan repayment per month and then buy... home.....till the period live in rental home
@@copralgistgaming8949 yes but..... without investing we will earn nothing...
Aree bhaii before doing that you must have sufficient backup... Just think what if you fail to generate the returns? Ah!! And also this will not provide you any deduction in income tax as it is necessary to invest loan taken within 3 y in building home!!! Not as easy as you think buddy
@@KUSH_Joshi u r right bro....
@@copralgistgaming8949 waise thodi na huj ambani ko puri tarah copy karenge
Hum middle class mai home le liya aur ushko loan mai chadaye tho wo asset ban jayenga aishe hi baki ki chize kar sakthe hai
Loan loan loan koi humko bhi dila do
1lakh kamane vala middle class😂😂😂😂😂😂😂😂😂🙏😂
Upper middle class
Aaj ki date me middle class hi h 1lakh wala bhi
@@GOAL-ENTPRENUER-in5dh 10 to 20 thousand kamane vala kya he phir😂?
@@anooppathak4242 10 to 20 vala kya he phir?
@@Miraaj-03lower middle class
My family yearly income 96,000 rs 😢 I'm middle class or poor class give me answer
Is liye 1400 years pehle hi Islam me interest haram (strictly prohibited) kardiya giya tha...
Hmm.isilye free chahiye tumhe sab
@@AkshayY0007
Free ki baat ni, business karne per koi pabandi ni. Qarz per zyada wasool karne per pabandi he. Is tarha ghareeb admi ghareeb tar hota jata he..
Good information 👍
और मैं कभी भी 1 लाख रुपए महीना नहीं कमा सकता हूं।
Why i got Self harm or Suicidal warning while playing this video??
Sir, aap jaise logo ki Financial videos dekh mai bahut hi kam age me Paise ka Psychology samajh gaya hu. Mai kahi bhi paisa lagane se pahale ya kuch bhi purchase karane se pahale se sochata hu ki kaya ye mere liye wealthy hai ,jaroori hai ya nahi. Agar jaroori nahi hota to mai usako khareedata hi nahi. Bina jaroorat ke koi bhi cheej nahi kahreedata aur na hi kisi ko deta hu. Aur meri isi habit ne mujhe paisa save karana sikha diya. And paise ko grow karana sikha diya.
Thanks a lot sir.❤
hemant sir is only youtuber who is capable of changing people's lives by educating them in systematic way in depth, hat's off to you and your efforts sir 🙏💖
Bhaiya you are great I will bet that our upcoming generation will learn from you than school and college
Jada tar logo ki salary 15k se 30k tak hi hoti hai 😂😂😅 lakh to bhot door hai
To fir Gareeb hai hum log😂
Gigl is now just a business channel now they don't upload videos for inspiration and ideas and creativity.please upload video related to management and development for young generation
Last 5 year's iam seeing you
I think you achieve your fire 🔥 Number
You will retire Now Also ❤
I follow simple formula, live simple life and eat home made foods, avoide most of outside food, dont buy anything over loan, when I have enough money then I buy them.
dont buy any itme which required more items to perform, like TV, when you buy TV then you will have to buy extra speaker + HD Set op box/ High Speed Wifi + Mobile recharge of all family member ( maturity is when you understand that company force us to buy their selected plans like 666 because if go to other plan then it will cost you more ) etc.. its an total loss deal in my point of view.
Don't go for car or other emis.
Give cash as much as possible.
Only home should be taken on emi.
Value of home increases and home loan emi is less than other loans
Maturity is when you realise that nokia 3310 is better than I phone in durability 😂
मेरे ससुर ने अपनी 35 साल तक की नौकरी में एक करोड़ की प्रॉपर्टी खड़ी करी वह भी लोन के सहारे उनका मानना है अगर आप 5 साल के लिए लोन लेते हो तो उस लोन को 2 साल में पूरा करने की कोशिश करो इससे लोन जल्दी पूरा होता है और हम किसी भी मुसीबत पर नहीं , पढ़ते हैं
On my first job i got 18000 per month and now i earn 800000 per month
My salary is 2 lakh 25k per month but trying to spend less and invest more
Are bevkoof home ek asset hota hai nahi ki liability.. vo Paisa agar bank mai dalenge ko bank rakhegi kya terko bevkoof😂😂
5 trillion dollar nahi wo 5 trillion India rupees hoga
Avi jo 3 trillion India rupees ki henot in dollars
"The greatest loss of money is the money that you are not making" - Rich Dad
Reverse psychology to yahi keh rahi k loan dene walo ki company ki pakad pakad k invest kiya jaye ...
Electricity bill Tenant bharta hai, owner nahi. 25k electricity bill aayega toh vo Tenant bharega na.
But isme ye bataya h ki wo (tenants) Electricity board ko pay kar rhe the so what he done is ... solar roof lagawa diya so ab wo Electricity ka unse fix or may be variable amount lete rhnge as a Electricity charge... so it become asset for him
Bro plz make video on list of what to see before investing like eps , debt profit margin . Financial statement , annual report etc
The best of financial video ❤❤
If you want to play safe, invest in land. If not land then invest in Gold. Simple.
I also have taken 3 loans but successfully paid EMI without any defaults and now have a healthy CIBIL score. Reason always saved upto 3 EMI amount in upfront so even if my salary was delayed always paid EMI auto debited on 2nd of every month.Also try to pay maximum down payment if purchasing consumer durable.With these steps you will get healthy CIBIL score which will help you get personal loan at low interest compared to others as low CIBIL score attract high interest rate.
3:10 really? Mumbai has one of the world's best public transport.
Who miss old gigl ...
Love you sir ❤ life changing videos also .
Govt land saste bhav me buy krna aur amir banna koi badi baat nahi # mukesh # adani
0:49 ❤thanks for that hope😂
Half info is wrong which is very dangerous
Bhai mein mere salari ka 80% hee karcha karunga aur 10% SIP Karunga aur 10% kudke pass savings karunga
Mai batatha hu badhe badhe building’s kaise banathe hai…. These people have tie up with mba colleges… in last semester they will give task to bring investment like 30k 50k 100k who will bring more money they will get good marks in project… obviously students will do that sincerely… students will be brain washed that investment will give big money…. Students will also say the same thing for neighbours, villagers … their will be lock in period of 3 to 5 years …. After the time period they get same amount or less than the amount paid ….. then all the neighbours and villagers will come to your house to ask or pay the profit you promised……this is real incident….the family lost everything…..😞😭
HRITHIK RoSHAN be like ;;
Middle class ki story seedha AMBANI se compare karna is not FUNNY 😅😅
too many adverts. leaving video in half
Thank you ❤❤❤❤❤
My concept is to pay Fixed expenses then 40% of the remaining money goes to investment like stocks and crypto and 20% for safe investment like bonds and last 40% to variable expenses
You put a thumbnail where a family is shown as a poor. Trust me guys they are poor yes but they are very very happy.😊🥰
If people understand what is necessary and unnecessary expenses..it is easy to stay safe... don't spend your money to show-off.. rather use money to increase your wealth for example instead of buying a costly phone you can buy a mutual fund or stock... once you start earning in above 50 lpa then buy iphone... Always remember try to save atleast 20% of your salary...
GIGL and SEEKEN uploaded same time
Kash aishi financial education wali chize har school aur College mai padhayi jaaye
Aapki vidio me warning aa rahi hai sucide wali 😮
I want to know how to find or identify positive compounding asset(in term of business)or how to structurise it? It will be more helpful.. you tell through rent option but in term of business that can repay loan and sustain.
Wah bhai maza aya... Hamari life hai..... Bole toh
Raju Babu shyam❤..... 😂😂😂
Bro ussu 1 Lakh rupees ki salary se hum agle 10 Saal mein millionaire rasta kaise teih karein?
1 Lakh ki salary mein bhi Kounse aise assets banaye Jo aage chalkar hame madad kar sake .
Dropped this video in early 3 minutes only , just because he said 1lakh per month person buy flat in mumbai...brooo...😅
who miss old gigl😢😢😢
Me
Shi baat hai bhai old gigl best tha jab tak face reveal ni hua tha
Gigl kya h lakin ye
Bhai... multiple sources of income ho to... compounding nahi hoti...cash ki barsat hoti hain
Sabse achha investment plots kharido every year group
Business man loan lete hain lekin chukate nehi. Hamari Government uss loan ko write off kar deti hain. Kindly check last 15 years Government data
It's loan trap & negative compounding.
Not compounding, which is 8th wonder of world
Invest in MUTUAL funds and stocks
जॉन अब्राहिम बोल रहा है क्या😅😅