Good habits are important. 1. Try to use public transport. Walk if within 1 km. If not go for electric two wheeler. If not, go for car - within pocket - it is an asset - cannot sell it back. 2. Never buy house. Go for rented house 3. Don't spending too much for going out. Weekly Monthly Yearly Be aware on what you spend on. 4. Having a expensive significant others - Boy Friend/Girl Friend Avoid Free load - who depend on you for their expenses. Avoid shallow relationship. 5. Stop using credit card. 6. Have a high income skill - keep developing your skill Eg: network engineer -> cloud enginee 7. Have finanacial goal(FG) Example: Buying a washing machine is a FG. Travelling abroad Long term - retirement 8. Create second income (Detailed video) 9. Investment - compound. learn to earn - book by Peter Lynch Simple SIP to nifty and next nifty. Crorepati when you retire.
Agreed with all his points except couple of them. (2) don't agree on this. Always look for option to buy - understand the market. If you come across a property which you can afford(50% down payment possible) go for it. With a family it is difficult to move easily from one house to another. It is quite difficult to get good home owners in India. If you lucky you may get it. Still look for options understand market and if you think it is good buy go for it. (3) Travel as much as possible - only point is keep the expenses low. By Travelling you gain a lot.
Hi Guruji u have changed my life. I'm bad at money management and I have faced many hurdles but your thoughts and guidance had enrich my life pattern completely as such I have become a budding Investor. I don't know if Immanuel had listen to your words but he helped us thereby asking such amazing questions and your guidance and thoughts helped me to enlighten my life..Thanks a ton and plz bless me. If I would have got such guidance in my early phase of job I would have buy a house at Chennai. It's not too late now but I will try reach the goal at the earliest with all your blessings. Thanks a ton🙏
Some where around last year I was seeing money pechu video . From that time i am addicted to his video whenever new video come i will watch it. Thanks for all the valuable financial guidelines which will give us lots of confidence .
1. Use Public transport. Don't buy car if you can save the EMI amount after paying the same. Buy electric scooter 2. Don't purchase the house. Rent it out 3. Save money to travel by allocating money for weekly/monthly/yearly vacation. 4. Dump the expensive significant other 5. Don't use credit/debit card. Use cash to pay 6. Improve your income skill constantly 7. Create a financial goal 8. Create a secondary income 9. Invest the money Save it in your home page & see it every day... ✌️✌️✌️
Thank you sir! I usually test myself during your videos. I follow all your points in this video except the last point. I am looking forward to do that soon. I appreciate your efforts to do this for middle class people like me 🤝.
Life is not about saving money for old age - it is about experiencing every moment by driving a good car, living in a good house, having a dog and many more things - Saving money for retirement is like saving sex for old age - When you young buy a nice car and enjoy - when you old sell all your assets and travel.... and just die off without leaving anything behind Just live a life, and invest your saving in good growth companies, because you will grow with the company.
Nobody asks you not to do. But do within your limit. If you have income which can afford bike, dont buy car. If you can only afford maruthi, dont buy benz with loans. That is the whole point.
Sir, I do not invest in Mutual funds (only direct equity) but it would be great if you could please do a video comparing Mutual fund investing to investing in ETFs. THX
Sir if it is possible ,please inform us , date or month of your of your talks ,then only we know ,present market and old market ,difference ,so I request you please inform in your talks month ? Year? If it possible .Again Thank for you and your assistants for help us ,how to manage or plan our life for Future. Arumugam p
Credit card one advantage is that wrong theft we don't have pay, Bank has to get it from thief. Debit card money is gone, we have to fight the thief to get it back.
Sir HDFc Housing fund 1 series 2017 is closing on jan 2021.Suddenly I am receiving a letter that it is getting converted to open ended fund .Should I redeem or stay invested .Please explain this issue .I have no other person to ask help.I have seen your videos regarding to exit all mutual funds .But this one is confusing please help.
I have an another idea just 50 rupees an poision bottle costs simply drink it then their is no financial struggle. Life is to live happyily you said those are not good habits then why there is a need to live i am great fan of you sir it is too much and sorry sir i am still a great fan of yours please we need more good videos
Money saving idea கொடுபார்னு பார்த்தா அட்வைஸ் கொடுகுரரு.. கார் வாங்கமா சைக்கிள் ல போ nu சொல்லுறது advice Tips illa கருமாமட சாமி.. idea கொடுகுறெனு இவனுக காசு பற்குரங்க...
What a pathetic life you're living. Just coming here to spew hatred. Your life should be so hollow, that you don't have anything that you enjoy only hate. Rest in peace...
When it crashed he said u can buy. What he said is buy what you can afford keep in mind your other expenses. Tea coffee kudikkra alavukku vaanga sonnaapdi
SIR TRUE LOVE IS NOT SHADOW SIR , MONEY IS A SHADOW DON'T TRUST TOO MUCH IN MONEY SIR ITS JUST A PART OF LIFE BELIVE IN GOD SIVA SIVA THANK YOU SIR 🙏 YOU ARE GOOD MAN 🙏
Good habits are important.
1. Try to use public transport. Walk if within 1 km.
If not go for electric two wheeler.
If not, go for car - within pocket - it is an asset - cannot sell it back.
2. Never buy house. Go for rented house
3. Don't spending too much for going out.
Weekly
Monthly
Yearly
Be aware on what you spend on.
4. Having a expensive significant others - Boy Friend/Girl Friend
Avoid Free load - who depend on you for their expenses.
Avoid shallow relationship.
5. Stop using credit card.
6. Have a high income skill
- keep developing your skill
Eg: network engineer -> cloud enginee
7. Have finanacial goal(FG)
Example: Buying a washing machine is a FG.
Travelling abroad
Long term - retirement
8. Create second income
(Detailed video)
9. Investment - compound.
learn to earn - book by Peter Lynch
Simple SIP to nifty and next nifty.
Crorepati when you retire.
Agreed with all his points except couple of them.
(2) don't agree on this.
Always look for option to buy - understand the market. If you come across a property which you can afford(50% down payment possible) go for it.
With a family it is difficult to move easily from one house to another.
It is quite difficult to get good home owners in India. If you lucky you may get it.
Still look for options understand market and if you think it is good buy go for it.
(3) Travel as much as possible - only point is keep the expenses low. By Travelling you gain a lot.
Good point
Hi Guruji u have changed my life. I'm bad at money management and I have faced many hurdles but your thoughts and guidance had enrich my life pattern completely as such I have become a budding Investor. I don't know if Immanuel had listen to your words but he helped us thereby asking such amazing questions and your guidance and thoughts helped me to enlighten my life..Thanks a ton and plz bless me. If I would have got such guidance in my early phase of job I would have buy a house at Chennai. It's not too late now but I will try reach the goal at the earliest with all your blessings. Thanks a ton🙏
¾223322222w
Loved your video. You are so clear and direct and although I am way beyond my 30s, I learnt a LOT from watching you. Thank you!
Some where around last year I was seeing money pechu video .
From that time i am addicted to his video whenever new video come i will watch it.
Thanks for all the valuable financial guidelines which will give us lots of confidence .
Thank you sir, everything good in life comes from good habits and discipline...
1. Use Public transport. Don't buy car if you can save the EMI amount after paying the same. Buy electric scooter
2. Don't purchase the house. Rent it out
3. Save money to travel by allocating money for weekly/monthly/yearly vacation.
4. Dump the expensive significant other
5. Don't use credit/debit card. Use cash to pay
6. Improve your income skill constantly
7. Create a financial goal
8. Create a secondary income
9. Invest the money
Save it in your home page & see it every day... ✌️✌️✌️
Thank you sir!
I usually test myself during your videos. I follow all your points in this video except the last point. I am looking forward to do that soon.
I appreciate your efforts to do this for middle class people like me 🤝.
Cycle improves productivity at negligible cost by 100x over public transport
Good summary,
Really I enjoyed your video and learned a lot sir. Thank you
Life is not about saving money for old age - it is about experiencing every moment by driving a good car, living in a good house, having a dog and many more things - Saving money for retirement is like saving sex for old age -
When you young buy a nice car and enjoy - when you old sell all your assets and travel.... and just die off without leaving anything behind
Just live a life, and invest your saving in good growth companies, because you will grow with the company.
Nobody asks you not to do. But do within your limit. If you have income which can afford bike, dont buy car. If you can only afford maruthi, dont buy benz with loans. That is the whole point.
@@ddpandi Learn to increase your income to enjoy your life - Don't limit yourself within your income
@@adittypublications4141 Exactly! Increase your capacity to buy. But not above your means.
Extra ordinary sire,may almighty give you good health that you bring up sooo many people in life. *long live*
I m ur big fan sir.lot of respect i hv in u.lot of lv from srilanka
Super sir, Thank You
காசு பண்ண idea கெடைக்கும் nu நம்பி வந்து மண்டை காஞ்சவங்க ஒரு like போடுங்க
Your gray hair experience is great for teenager to secure their future. Thanks
Sir, I do not invest in Mutual funds (only direct equity) but it would be great if you could please do a video comparing Mutual fund investing to investing in ETFs. THX
Thank you
🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏 Sir I hav saved this to my watchlist, am sure am going to re-watch it.
*VERY USEFUL SUGGESTIONS*..... .(🙄FOR SOME BITTER)
Black and white... No grey areas.. nice info
Sir if it is possible ,please inform us , date or month of your of your talks ,then only we know ,present market and old market ,difference ,so I request you please inform in your talks month ? Year? If it possible .Again Thank for you and your assistants for help us ,how to manage or plan our life for Future. Arumugam p
5:00 fact
Sir
Thank you for this vlog.
Hey Sir!!
Your videos are wonderful and makes me motivated to make money.
Can you please explain in detail how to invest in NIFTY and NEXT NIFTY.
Great advice sir. Thank you
Even a crow knows, this person's words are valuable and right. :) Look at the window.
Ru saying ur crow😂😂😂😂😂
In the window
Sir can you explain the process and basis of printing money by the central banks around the world in simple terms
Yaa I would like to hear about this
U can print if u have printing machine..simple
@@govardhanravi7502 That is fake money
Thanks sir
Thanks sir😍
We need more videos like this sir
All videos are good I like
Credit card one advantage is that wrong theft we don't have pay, Bank has to get it from thief. Debit card money is gone, we have to fight the thief to get it back.
Home cap gain can be very high over a decade?
Very useful sir.
👍THANKS A LOT🙏
Sir HDFc Housing fund 1 series 2017 is closing on jan 2021.Suddenly I am receiving a letter that it is getting converted to open ended fund .Should I redeem or stay invested .Please explain this issue .I have no other person to ask help.I have seen your videos regarding to exit all mutual funds .But this one is confusing please help.
Why no Sensex and always Nifty?
Sir Peter lynch book name????
We will always support you sir, please add me in your team
Civil construction company even good company not giving good salary for engineers
Then quit it and find another path for your career
Core never gives you good pay initially. It will give a good pay when you gain experience. As far as I know about the IT industry and core.
@@ddpandi that's true buddy
I have an another idea just 50 rupees an poision bottle costs simply drink it then their is no financial struggle. Life is to live happyily you said those are not good habits then why there is a need to live i am great fan of you sir it is too much and sorry sir i am still a great fan of yours please we need more good videos
Can u make video in tamil
❤🎉
🙏🏻
Conventional wisdom. Need some tweeks.
Luckyapp fake or true
No bullshit here..
U listen...then go and do the thing.
Dei what about cycle da
Can u pls make a video for how to manage/track all my portfolio(FD+MF+Stocks+Gold etc)......
Google sheet is the best option
5:29 Alternative of gold digger 😂😂
👌
Pehly aap neend poori krlo
👍
Tamil a podunga sir
Sir i want tamil translation pls give me my language
Ungaluku antha mozhli theriyum?
See money pechu channel for tamil version
@@sridevik6845 நான் பெரிய ரசிகர் ஆனந்த் sir கு so i know
Money saving idea கொடுபார்னு பார்த்தா அட்வைஸ் கொடுகுரரு.. கார் வாங்கமா சைக்கிள் ல போ nu சொல்லுறது advice Tips illa கருமாமட சாமி.. idea கொடுகுறெனு இவனுக காசு பற்குரங்க...
These are money traps ....Read the title .
Iya tamil la soluga iya
Tamil ey varalaye Enna ippadi panni vachurukeeenga
10th point don't save money when market crash invest don't believe words of people like Anand Srinivasan
What a pathetic life you're living. Just coming here to spew hatred. Your life should be so hollow, that you don't have anything that you enjoy only hate. Rest in peace...
When it crashed he said u can buy. What he said is buy what you can afford keep in mind your other expenses. Tea coffee kudikkra alavukku vaanga sonnaapdi
SIR TRUE LOVE IS NOT SHADOW SIR , MONEY IS A SHADOW DON'T TRUST TOO MUCH IN MONEY SIR ITS JUST A PART OF LIFE BELIVE IN GOD SIVA SIVA THANK YOU SIR 🙏 YOU ARE GOOD MAN 🙏
haha well said. I liked it. He believes in brain and you believe in heart. Someday, heart (true love) will save us.
ua-cam.com/video/3-h-WYeHuRM/v-deo.html pr sundar is bullish!!!
Thanks sir