I started my job two years ago and i got a credit card after one year. credit card gave me a sense of pseudo security. My salary went in paying credit card bills. one day i printed all the statements. what i observed that i bought silly electronic gadgets, treated my friends in big restaurants and bars. That's a cycle you earn and you pay credit card bill. one best practice, i did was to lock my credit cards and give to my friend for few months. so you break this cycle.
@@jaspreet715 exactly which is why its important to use a credit card but use it wisely....all my expenses like groceries and bills are on my credit card. that is money i would need to spend no matter what.
Superb ❤ I am Financial Advisor,in India ,at present, I am in Canada,with my son , same points, I use to discuss with him , thanks for sharing these points,young generation should/must follow yr points, thanks
Wow...I loved every word that you said. Its relevant not just in Canada but everywhere. I immediately shared this video with my sons living in Canada and Europe for financial management tips... Noone could have explained it better than you💯💯
One other thing I’ll add: buy used car Don’t finance or lease. Cars aren’t that valuable in reality, let’s be honest! Just get a reliable used car and never have a car loan on you
Canada me savings ke tarike: Calories gin gin ke khao 20 ghante extra kamao Nai gaadi kabhi bhi na lao Accident se bach ke chalao Make up kabhi na lagao Jaise ho vaise khudko dikhao Blonde hair khabhi na karao Garam pani se kabhi na nahao
Hi I have deleted my previous comment and realized my mistake. I’m very sorry. Reason to delete my comment is I have realized after listening to your side…. But still people are talking against you… I never knew that one single comment will bring this much hatred…. I’m really sorry…
Please do not get affected with few bad comments. If there are 5 bas comments there are 95 good as well. You do not need to clarify things you are doing your job properly. I am following you from almost 4 years. Got so much knowledge and guidance from you. Thank you. We all are Indians at the end nothing else matters. Its not community its a person’s mentality or character which is good or bad. Now I really don’t care if koi or aake racist comment dale and gujju punjabi ka game khele I really don’t care.
@GOPALKRISHAN-co4zk India main kon c job hai bhai mainey bahut test diye kise nay paisey de ke job le corruption bahut hai India main bhagwan ke kasam kha ke bol raha 💯 percent India main b bahut corruption hai
Savings can never be predictable in any country because job security is never predictable. When you lose your job, you can save 10% air, i guess. And if it isn't clear, savings is good but to say doing so and so would make it a dependable / predictable income is a spectacular folly.
As a student, the major part of my income goes towards Payment for Rent, then utilities, phone bills, and wifi, then grocery, so it's pretty hard right now, Saving is nearly non-existent (minimum pay job in BC)
Car is our biggest expensive other than housing, majority of desi community drives care that cost more than 100 $ per month (installment, insurance, gas and maintenance).
My family came to Canada from Vietnam in 1986 my mom first house in Alberta was 30 000 , 10 years later moved to Ontario the house was still 50 000 😂 the rent 1 bedroom was 200 back then
Thanks Gursahib G for this video.. wow wow this is one of the best videos you have made.. especially for new comers to Canada ..if they follow any of this advice their life in Canada will be good and on the right path...the points you have mentioned here can be life saving or life changing for some people. you have good friends who advice u ..keep up the good work.. with best wishes ❤💚
It's funny, the more you save the more you are losing. Because of the insane level of inflation your money is actually losing value just sitting in the bank. 10 yrs ago, $100 saved in my bank could buy me much more than today. Best advice I can give is to focus on producing things instead of consuming things all the time.
India main kya hai roj rap hota hai ladkiyoun say koi justice nahi milita mainly India main jobs bahut apply ke but no jobs in India thts 110 percent true India also to much corruption
Ccdfffgfffggftgfygggfggffffffff🎉😂🎉🎉🎉😢😢🎉 😂🎉🎉🎉❤❤😂🎉🎉😢😢😮😅😊❤❤😂😂🎉🎉🎉😢😢😢😢😮😮😅😅😅😊😊😊😮😢😢😢 and the other 😂🎉🎉😢😢cggggghhhuhhhhhuiiiiihhhuujiiooooppl Ppoooiuuhhhhjjiii😂🎉🎉🎉🎉😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😮😮😮😮nkjhgfffffttfftttyyyggyhhhhhhhhhhhhuu😂🎉🎉🎉😢😢🎉😢😢😢😢🎉🎉🎉😢😢🎉😢🎉🎉 😢😢 🎉🎉😢🎉😢🎉🎉😢😢😢😮😮😮😅😅😅😊😊😮😮🎉🎉🎉🎉ytffgffffdfddddffgfffffffffffffdfddffftt⛹🏻♂️⛹🏻♂️⛹🏿⛹️🪂🤾🏿♀️🤾🏿♀️🤾🏿♀️🤾🏿♀️🏄🏿♀️🏊🏊🏊🏿♂️🏊🚣🏿♀️🤽🏿♂️🏊♀️🏊♀️🤽🏿♂️🤽🏾🏄🏻♂️🧘🏻🏋🏻🥌🏹🏹🥊🥊🥊🤿🤿🤿🎿🎿🎿🏋🏻♂️🏋🏻🏋🏼♀️🪂❤❤❤😂🎉😢😮😅😊🏊♀️🏊🏊🏿♂️🏊🏿♂️🚣🏿♀️🚣🏻🏊🧗♂️🧗🏻🧗🏻🧗🏻🧗🏻♀️🧗♂️🚵🏿♀️🚵🏿♀️🚵🏿♀️🚴🏻♂️🚴🏼🚴🏽♀️🚵🏻♂️🏄🏻🏄🏿♀️🚣🏻🚣🏿♀️🤽🏿♂️🤽🏾🤽🏻♀️
Dear Guru sahib Sasri kaal I am Aftab from the land of Baba Gurunanak punjab Pakistan. My son Waleed is in the first year of electrical engineering. In the future, he wants to settle in Canada. Kindly suggest in which field should he specialise. 1. Computer engineering 2. Power engineering 3. Control engineering 4. Electronics Engineering 5. Telecommunications Engineering 6. RF & Microwave engineering
Some points are good ...but he blatantly glanced over the fact that doing contract job does not save you taxes ...there is concept called PSB that applies to you if you working for 1 client only ( mostly work for 1 client ) ...CRA then tax you the same as individual salaried person. On top of that with contract , you have to pay your own CPP , EI stuff as well ....
If I don't take and use any kind of credit card then will I survive or not in usa uk or canada? If I manage all my expanses based on my income and only use debit card then isin't good.
Frankly, no one knows. It completely depends on both governments. Currently both governments are busy in squeezing as many votes as possible using this issue.
Nahi, political rift ek jagah aur paisa apni jagah. Students bring in money, I doubt if Canadian govt. will do anything to stop that, maybe background check will be more strict
I hope so. Anything that will keep them out and attract better youth people that want to contribute, get a needed skill set, not line job, and do not bring old world division would be as always welcomed by canadains. You wonder why canadains are pissed off?
Paaji i'm looking for master and this (University of Niagara Falls Canada) is newly established and matching my admission requirement can you research and tell is it a good college to go or not, waiting for your reply please🙏🙏🙏
Bhai saab - pls tell us whats going on in canada from past few days. please let us know your views. sick of both country TV channels and online portals giving one side views.
Brother i am from your November rule video and i am planning to study "welding" couse which fall under trade type.... How is this couse,,,,,good or bad?....
Tig is the only high demand and you better be able to lay down a stack of dimes. Hi purity fuse for food and bev 316l. Otherwise stick, mig is a revolving door with guys like you. If you grad here you will get crap work, crap pay. To be clear TIG and in my shop your test welds must be a stack of dimes.
Taxes is the biggest expense huh, totally bullshit Biggest expense of a year is more than $30,000 of fees for university or college done by students. For an unmarried, startups which sometimes start from 100k or yearly family funds.. For Married, stability consumes a-lot! For old, their last wishes! So, taxes can not be the biggest one as it can be varied by you
Hello Gursahib ji, I would like to know if you have any contacts or reference to study and learn Trading crypto and Stocks in Canada as a passive income. If yes please share information looking forward for your reply. Thanks
So i work in core finance where we manage risk like with the help of derivatives while people don’t know that the credit card are made out of thin air like the whopping limit you see with the help of derivatives.
Very good insights given. Please read and implement " from the rat race to financial freedom "by Manoj Arora. It will help you build passive income and please become financially independent at the earliest.
Canada can never be a poor country. Small population with huge land mass, abundant mineral and oil deposits, and other resources, one of the best state primary and secondary school education one has to be more than optimistic. One does not see slums in Canada as you can see even in the US!!!!!! So stop painting a bleak picture with an unsmiling face does not Sardar Sahib “chardi kala Sardar Sahib” 1111
Bhai gursahib ki ek or tip to save money, 5 saal tak apni home country mat jao. 2000$ ticket ke bacha ke tum millionaire ban jaoge. Is se zyada kanjus insaan nahi hai
@Muhammad_Khan_1947 2024 pakistan :- 25 times IMF 2034 :- Pakistan :- Doesn't exist on world map, split into 4 failed states.. That too INSHA ALLAH... 😂😂
I started my job two years ago and i got a credit card after one year.
credit card gave me a sense of pseudo security. My salary went in paying credit card bills.
one day i printed all the statements. what i observed that i bought silly electronic gadgets, treated my friends in big restaurants and bars. That's a cycle
you earn and you pay credit card bill.
one best practice, i did was to lock my credit cards and give to my friend for few months. so you break this cycle.
But here in Canada. You need good credit history for everything. Credit score is required and hence credit card use
@@jaspreet715 fundamental of personal finance remains same across the world
@@jaspreet715 exactly which is why its important to use a credit card but use it wisely....all my expenses like groceries and bills are on my credit card. that is money i would need to spend no matter what.
Very well explained beta and don't feel bad about bad comment kuch toh log kehgey logo ka kaam hai kehna God bless you both ❤❤
Superb ❤ I am Financial Advisor,in India ,at present, I am in Canada,with my son , same points, I use to discuss with him , thanks for sharing these points,young generation should/must follow yr points, thanks
100% truth thanks for sharing even I feel like I am in bad financial situation 😢
Wow...I loved every word that you said.
Its relevant not just in Canada but everywhere.
I immediately shared this video with my sons living in Canada and Europe for financial management tips...
Noone could have explained it better than you💯💯
One other thing I’ll add: buy used car
Don’t finance or lease. Cars aren’t that valuable in reality, let’s be honest! Just get a reliable used car and never have a car loan on you
Canada me savings ke tarike:
Calories gin gin ke khao
20 ghante extra kamao
Nai gaadi kabhi bhi na lao
Accident se bach ke chalao
Make up kabhi na lagao
Jaise ho vaise khudko dikhao
Blonde hair khabhi na karao
Garam pani se kabhi na nahao
India ajao😂
@@hirdeysingh1971 India me aam zindagi
Canada me mentos zindagi 😁
@@jignishapatel4987 simple reh ke bhi achi khaasi healthy zindgi gujaar skte bhai, ..bss. Zubaan meethi rkho , pyaar kro,respect kro . Parmatma ke naam mein he shaanti hai. Baaki bhatkete rho.
@@hirdeysingh1971 agree 🙏🏼
Hi I have deleted my previous comment and realized my mistake. I’m very sorry. Reason to delete my comment is I have realized after listening to your side…. But still people are talking against you… I never knew that one single comment will bring this much hatred…. I’m really sorry…
This saving idea is not only applicable in canada but rest of the world too... this is good idea
I donot use credit card to b able to keep track of my habits
Please do not get affected with few bad comments. If there are 5 bas comments there are 95 good as well. You do not need to clarify things you are doing your job properly. I am following you from almost 4 years. Got so much knowledge and guidance from you. Thank you. We all are Indians at the end nothing else matters. Its not community its a person’s mentality or character which is good or bad. Now I really don’t care if koi or aake racist comment dale and gujju punjabi ka game khele I really don’t care.
Pajji saving to tab hogi jab job milegi. Yaha job ke lale pade hai 😊😊😊😂😂
Konsi jagah pe ho bro? Brampton?
India main kon c job ke barish ho rahe hai bhul jao no jobs in India also
India main kon c job ke barish ho rahe also no jobs in India
Sahi baat hai bhai , job hi nahi mil rhi mujhe 😢
@GOPALKRISHAN-co4zk India main kon c job hai bhai mainey bahut test diye kise nay paisey de ke job le corruption bahut hai India main bhagwan ke kasam kha ke bol raha 💯 percent India main b bahut corruption hai
This is applicable to everyone living in any part of the world
Pay rent bills and don't spend money on emi products until u have saving more than spending budgets.👍
Alhamdulillah. I live in Toronto with a wife and 2 young kids on PR but we only use Debit card. Even both wife and me are earning very less.
Savings can never be predictable in any country because job security is never predictable. When you lose your job, you can save 10% air, i guess. And if it isn't clear, savings is good but to say doing so and so would make it a dependable / predictable income is a spectacular folly.
As a student, the major part of my income goes towards Payment for Rent, then utilities, phone bills, and wifi, then grocery, so it's pretty hard right now, Saving is nearly non-existent (minimum pay job in BC)
Make more money bro
It's easier said than done.
As always, simple and straight from your heart, God bless u can Jasmine ji!
Superb as always ! 💯
Car is our biggest expensive other than housing, majority of desi community drives care that cost more than 100 $ per month (installment, insurance, gas and maintenance).
no need to ever get car loans....a huge financial mistake since they are depreciating assets....we have never done this. save and buy used car in cash
Thank you so much GurSahib ji regarding financial problems vlog hume aap se humesa esy e achi vlogs ki expectations hoti hain❤❤
My family came to Canada from Vietnam in 1986 my mom first house in Alberta was 30 000 , 10 years later moved to Ontario the house was still 50 000 😂 the rent 1 bedroom was 200 back then
Thanks Gursahib G for this video.. wow wow this is one of the best videos you have made.. especially for new comers to Canada ..if they follow any of this advice their life in Canada will be good and on the right path...the points you have mentioned here can be life saving or life changing for some people. you have good friends who advice u ..keep up the good work.. with best wishes ❤💚
This is an awesome video. Very insightful points made. Applies to the US too
Dont invest depreciating assets go for your need not for your desire
now people realised what type of jobs is available in the country and would not waste hard earned money
You could have shared your experience of selling the expensive car which you bought.
It's funny, the more you save the more you are losing. Because of the insane level of inflation your money is actually losing value just sitting in the bank. 10 yrs ago, $100 saved in my bank could buy me much more than today. Best advice I can give is to focus on producing things instead of consuming things all the time.
So basically reducing consumption, which is the same as saving...lol
Waiter bnne ke lie LINE aisi lgi hoti jaise Punjab me jaake hi rukegi 😂😂😂
India main kya hai roj rap hota hai ladkiyoun say koi justice nahi milita mainly India main jobs bahut apply ke but no jobs in India thts 110 percent true India also to much corruption
Ccdfffgfffggftgfygggfggffffffff🎉😂🎉🎉🎉😢😢🎉 😂🎉🎉🎉❤❤😂🎉🎉😢😢😮😅😊❤❤😂😂🎉🎉🎉😢😢😢😢😮😮😅😅😅😊😊😊😮😢😢😢 and the other 😂🎉🎉😢😢cggggghhhuhhhhhuiiiiihhhuujiiooooppl
Ppoooiuuhhhhjjiii😂🎉🎉🎉🎉😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😮😮😮😮nkjhgfffffttfftttyyyggyhhhhhhhhhhhhuu😂🎉🎉🎉😢😢🎉😢😢😢😢🎉🎉🎉😢😢🎉😢🎉🎉 😢😢 🎉🎉😢🎉😢🎉🎉😢😢😢😮😮😮😅😅😅😊😊😮😮🎉🎉🎉🎉ytffgffffdfddddffgfffffffffffffdfddffftt⛹🏻♂️⛹🏻♂️⛹🏿⛹️🪂🤾🏿♀️🤾🏿♀️🤾🏿♀️🤾🏿♀️🏄🏿♀️🏊🏊🏊🏿♂️🏊🚣🏿♀️🤽🏿♂️🏊♀️🏊♀️🤽🏿♂️🤽🏾🏄🏻♂️🧘🏻🏋🏻🥌🏹🏹🥊🥊🥊🤿🤿🤿🎿🎿🎿🏋🏻♂️🏋🏻🏋🏼♀️🪂❤❤❤😂🎉😢😮😅😊🏊♀️🏊🏊🏿♂️🏊🏿♂️🚣🏿♀️🚣🏻🏊🧗♂️🧗🏻🧗🏻🧗🏻🧗🏻♀️🧗♂️🚵🏿♀️🚵🏿♀️🚵🏿♀️🚴🏻♂️🚴🏼🚴🏽♀️🚵🏻♂️🏄🏻🏄🏿♀️🚣🏻🚣🏿♀️🤽🏿♂️🤽🏾🤽🏻♀️
Hi Gurshaib I really like this kind of content could you keep making these type of content on regular bases on financial habits and advices
Dear Guru sahib
Sasri kaal
I am Aftab from the land of Baba Gurunanak punjab Pakistan.
My son Waleed is in the first year of electrical engineering. In the future, he wants to settle in Canada.
Kindly suggest in which field should he specialise.
1. Computer engineering
2. Power engineering
3. Control engineering
4. Electronics Engineering
5. Telecommunications Engineering
6. RF & Microwave engineering
Very good information bahi bless you and your family thank you ❤❤❤❤❤❤❤❤❤
Hello, is there a way I can talk to you personally? I have some questions about your experience and some general advice.
Thanks and regards,🙏🏻
Thank you for sharing your knowledge great tips
Beautifully explained 👌👌👌👏👏👏
Long term care and retirement community management course will get work permit
Some points are good ...but he blatantly glanced over the fact that doing contract job does not save you taxes ...there is concept called PSB that applies to you if you working for 1 client only ( mostly work for 1 client ) ...CRA then tax you the same as individual salaried person. On top of that with contract , you have to pay your own CPP , EI stuff as well ....
pajji.. one of the most important vlogs.. thank you ji..🙏🤝
If I don't take and use any kind of credit card then will I survive or not in usa uk or canada? If I manage all my expanses based on my income and only use debit card then isin't good.
The only loan one should have in Canada is Home loan.
Advice of 10% salary is good
Zabardast bohat informative video
Will the diplomatic issue between India and Canada result in visa problems to newcomers ( delay or completely banned ) ????
Frankly, no one knows. It completely depends on both governments. Currently both governments are busy in squeezing as many votes as possible using this issue.
@@203rahman let's hope for the best
@@203rahmanhow is indian govt squeezing votes from this conflict?
Election Canada me hai India me nahi moorkh
Jo bhi hai bhencho justin ki sarkar fuddu h upar se modi govt ko thoda smartly act krna pdega bc bhuat rayta faila hua hai.
Do you think the current India and Canada situation will affect the student visas?
Nahi, political rift ek jagah aur paisa apni jagah. Students bring in money, I doubt if Canadian govt. will do anything to stop that, maybe background check will be more strict
I hope so. Anything that will keep them out and attract better youth people that want to contribute, get a needed skill set, not line job, and do not bring old world division would be as always welcomed by canadains. You wonder why canadains are pissed off?
Paaji i'm looking for master and this (University of Niagara Falls Canada) is newly established and matching my admission requirement can you research and tell is it a good college to go or not, waiting for your reply please🙏🙏🙏
Make UA-cam video like this bro to become rich.
Love from Bangladesh ♥️
Killin it BRO!
Bro make video on current diplomatic war b/w india & canada and how it is gonna affect students
You have to go back
Good knowledge paji thankyou very much 👍👍👍
आप ने बहुत अच्छी जानकारी दी है। धन्यवाद।🙏🙏❤️
Bhai saab - pls tell us whats going on in canada from past few days. please let us know your views. sick of both country TV channels and online portals giving one side views.
Common people chilling...they do not have anything to do with it.
Thanks brother 🙏🏻 💙
Good financial learning i am also aa financial advisor
Thanks for this video ☘️
Brother i am from your November rule video and i am planning to study "welding" couse which fall under trade type.... How is this couse,,,,,good or bad?....
@Muhammad_Khan_1947 hello mr bot
Tig is the only high demand and you better be able to lay down a stack of dimes. Hi purity fuse for food and bev 316l. Otherwise stick, mig is a revolving door with guys like you. If you grad here you will get crap work, crap pay. To be clear TIG and in my shop your test welds must be a stack of dimes.
Taxes is the biggest expense huh, totally bullshit
Biggest expense of a year is more than $30,000 of fees for university or college done by students.
For an unmarried, startups which sometimes start from 100k or yearly family funds..
For Married, stability consumes a-lot!
For old, their last wishes!
So, taxes can not be the biggest one as it can be varied by you
Hello Gursahib ji, I would like to know if you have any contacts or reference to study and learn Trading crypto and Stocks in Canada as a passive income. If yes please share information looking forward for your reply. Thanks
Please tell me sir about the skills which is beneficial for whole life in canada or which is better degree which we get easily pr ?
Medical any field . Canada need lots of medicial staff
I'm confused now. Leave your homeland of brampton and surrey and return to India?
I am confused now…Leave your homeland of dirty downtown streets with addicts and return to Europe ?
Very good information thanks God bless you
Very nice topic!
Nicely explained ❤
Thanks for sharing :)
Tax is my greatest expense as well 😂😂
Totally agree with you
Yes true
Very useful video gurusahbji nice
So i work in core finance where we manage risk like with the help of derivatives while people don’t know that the credit card are made out of thin air like the whopping limit you see with the help of derivatives.
Gursahib, you will be always rich in India. CDN $1=61.5 Rs.🤣😉😉🥰
He doesn't want to be rich but happy & have freedom.❤
great advise
Well said 🎉
Very good insights given. Please read and implement " from the rat race to financial freedom "by Manoj Arora.
It will help you build passive income and please become financially independent at the earliest.
Aapka kitna kharch hua tha canada jaane ka aur kaha se aap pese laye the
Vaibhav Bhoi canada aane ke liye aapko 10 lakh ki GIC plus education loan of 12 lac (if getting education) and 3-4 lakh for travel and setup
Excellent 👍
Bhai ye to sab sahi hai, thore Dino me India Canada ka connection hi khatam ho jaegA, next Pakistan type relationship
Right Sir ✅
Hii can uh plzz tell me some app to learn english to come to Canada
*Love from Haryana*
How is red deer alberta??
Fee
wonderful. lovefrom lahore pakistan.
Credit limit kitni milti hai ?
Generally for students initially it is $1,000
@@GursahibSinghCanadalike in indian pan card is use to track the cibil and in canada or US what they use ?
@@HemantLogs Credit Unions. The most reliable are Equifax and Transunion
Canada can never be a poor country. Small population with huge land mass, abundant mineral and oil deposits, and other resources, one of the best state primary and secondary school education one has to be more than optimistic. One does not see slums in Canada as you can see even in the US!!!!!! So stop painting a bleak picture with an unsmiling face does not Sardar Sahib “chardi kala Sardar Sahib” 1111
Bhai gursahib ki ek or tip to save money, 5 saal tak apni home country mat jao. 2000$ ticket ke bacha ke tum millionaire ban jaoge. Is se zyada kanjus insaan nahi hai
India main nahi gaya mirchi is bhai ko lag rahi hai 😅😅😅 or yaar 5 nahi 6 saal. And bro is very concerned about my life rather than his own.
Love you sir ❤🎉🎉
@Muhammad_Khan_1947😂
Pls give house it looks beautiful 🧿
Tour*
Tour*
situation in the country which way? 😅
Good video 👍
Thanks 👍
Perfect
You wanna be rich move to middle east.
You wanna make govt rich move to canada😂
@Muhammad_Khan_1947 2024 pakistan :- 25 times IMF
2034 :- Pakistan :- Doesn't exist on world map, split into 4 failed states.. That too INSHA ALLAH... 😂😂
@Muhammad_Khan_1947 Tu bhai apna pakistan bacha le.. Ab toh taliban bhi bol raha hai ke Pakistan ka mahol kharab hai 😂😂
Paaji can we come to Canada at 28 years of age?
Bagel kharid ke bhi guilty feel karoon? you are making people feel really poor.
Bro unka wo nahi kehna hai
Aapke pitty expenses bhi kabhi kabhi bhaut jayada ho jate hai
👍
Love from pak
Tusi Punjab aa jao Mil kar accha lagay ga Aapsay
Make vdo on driving in Brampton
😂
Just drive in downtown toronto and Scarborough. Brampton will start to feel super easy.
Education
Bhai jitni chadar he utna hi pair felao ye iska khulasa he
Too many south Asians. Canada must close border.
You are a true guru