Middle-Class కోసం ఫైనాన్షియల్ ప్లానింగ్ టిప్స్ | Vanga Rajendra Prasad | My Village Show Podcast

0:00 Financial Planning Investments What is Loans Financial Planning? Sir, whether it's crime or money, we will lead. It will come our way only if we show it. No matter how many health precautions you take, Health insurance is compulsory. You have to take it. Okay, next step. Life insurance today this moment you me How are we doing after an hour? We don't know if there will be an emergency. Tell me. Okay, expenses. Can be formed. A house is also a bird's nest. It is binding. Main and education No matter what everyone says, there is another Retirement is a significant financial need. But even a delayed death is a danger. Health insurance is a How much is best for a person? A person who has property is not a property owner. Wherever you look on social media The word being heard is term insurance.

0:45 What do you think about how much your grandchildren will get back? They will calculate. Emergency fund e How much is an emergency fund, sir? Normal at least one year expenditure If you have an emergency fund, retirement is a good idea. About a person's retirement How to plan to come Retirement Stage is Actually Real It is possible that these mutual funds What is the concept, sir? It's actually mutual. Funds are subject to market risk. Is it right to invest in this at this time? When to invest in real estate Automatically collect data for income tax It goes into the department. Loans Sir, you are avoiding taking a loan. It seems to be in their favor, doesn't it? If those who have debts in their pockets put Whoever puts it best, it's best, sir. But when is the profit of Chitti? I also counted. Hi friends today. Guest with us is the author of the book Money Purse Vanga Rajendra Prasad is with us. There are. Money Matters

1:30 If you say that, then it's three volumes. It should have been published. So basically we First book on personal finance in Telugu Written by our Rajendra Prasad. Hello Sir. Hi Srikanth, everything is fine sir. How happy. Your money person one two three Three books would be complete. Sir, but for our audience, it is very People may not know about these books. About. So basically today we are sir that we are Let's imagine a podcast with three segments. Sir. So what exactly is the first segment? Financial planning. Second segment Investments. What is the third segment? Loans. Step by step discussion Let's do it, sir. Definitely financial. What is planning, sir? Why is it important? Sir, whether it's crime or money, we Only if we show the way, it will come our way. Come on. Otherwise its path will be Godavari. It merges with the sea. Mm so for our money We must lead the way. Therefore, we

2:18 The money we need is the money we want. Money for our needs, money for our desires Adequate money is essential for our hopes and aspirations. How to earn money How to turn a concept into wealth? I wrote the book Money Purse in 2009. Released, okay, means house, children, insurance What are you doing for your pension? A book written on the topic of "what to do" is okay. It has been reprinted 17 times so far. Okay But who needs financial planning? That means if someone needs it, it's okay, whatever. Anyone with income needs everything. Do those who don't have it need it too because they have to survive? But we are part of this planning. Discussion is okay in my books too. This is because I am a motivational speaker.

3:05 The speaker said one good thing. Okay one Everyone should go for a health checkup after age. Gotta go. Mm but also a wealth checkup Should I go when I get sick? Let's go to the doctor. Yes, I'm sick. If you go before you arrive, you will avoid diseases. So yes, it means for a health checkup. As soon as I left, I also had a wealth checkup. Should I go? Who will do the wealth checkup? Finance is done by a doctor. But finance The grandchildren need to go to the doctor. Many people don't know, right? You don't even know who the finance doctor is, do you? Now doctors mean hospitals. It's not known where these are, is it? Have you ever been to the finance doctor? Did you go? If I were you, you would go. So how many years did you go after? It faced financial problems. I went later, but before the problem arose. If you go with planning, those problems will be solved.

3:52 They won't come, right? Yes, you still have to. At least they released me late. That means retiring late, meaning at an early age. They were released, but they were actually close to me. They will come, won't they, 40, 50, 60 years old? Even a consultant finance Many people are afraid to see a doctor. Don't know. Okay, so this financial Planning is a necessary consultation for everyone. If we do it, we will have final planning. The future is so easy now. You should build a house, you built a house, right? Yes, you have drawn up a plan. Don't you know, the mason will tell you, there is a room here? There must be a bathroom here. He says why he draws. What is the first thing that comes to mind when drawing up a plan? Because I know there will be problems. He draws a plan. That means we have an idea. Don't have all the ideas because now you Yes, you can be an expert in the field.

4:39 Similarly, in this financial field too Not everyone is an expert, right? Now I am 58 and now I am three. I have written three books now. Over a million copies have been sold. One all There were interviews on the TV channel. But these days I work five or six hours a day. I am updating myself for study. It's okay if we study for it forever. We are students, yes, that's why we Many people think that this money We don't know about management, right? They don't actually consult with the intention, but No one knows for sure, but I have another one. The point is that in financial planning It's okay to be an expert. There are only experiences. This is the original We are basically in financial planning. What are the steps to be taken, sir? That's actually good.

5:24 The point is, first we are financial. What to do in planning is health Good health is our greatest blessing. We all know what it takes to be healthy. You should exercise during the day in the sun. You should travel, drink good things, meditate. I know all this, I have to do it with my family. Yes, even after all this, I still eat food. That's why diseases don't come. No guarantee yes so health If there are problems, yes, we are in India. The reason why many people remain poor The cost of a single health hospital is enough. Yes That's why no matter how many precautions you take, Health insurance is compulsory. You have to take it. Okay, first step. The first step to financial planning Health Insurance Health Insurance So

6:11 Also a lot for health insurance You have to do research. Okay There is no need for the wife to spend money for that. We also have health insurance in advance. Let's talk. Okay, next step. Life insurance is okay because we Medical expenses may arise We may not be ourselves. Yes, today is this moment. You and I are here in an hour. We don't know what the situation will be like, right? If I go to town for two days, I will stay at my house. I'll give you 2000 and go for 10 days. I'll give you 10,000 for a month. If I go, I will give ₹,000 and go permanently. If it goes away, how much will I have to pay? That's the insurance. Okay, I can promise not to be in love. I can promise to be honest, but tomorrow Can you promise to live? Yes, but No matter what I do, I will not suffer a financial deficit. The word "I can see" is through life insurance. I can give. Okay, so first we What you need to do is get life insurance.

6:58 However, term life insurance is also Policies There are various types of policies. So that How to choose policies is also If you meet a financial plan, definitely. Can you give me advice? Yes, next for us. What other financial need is needed? Now Life insurance is the main term. Insurance means life insurance. Term Insurance Endowment Policies There are various policies called eclipses. Yes Which of these is suitable for you? Yes, we are. Should I choose? Yes, one for that. Wouldn't it be better if experts took it that way? Yes yes or if you can do your research If you're patient, do your research yourself. Can choose. Yes, because we have blood. Many videos are available on YouTube. There are. Yes, so life insurance is for you. How much coverage does life insurance have? A Sir, there is a minimum of one crore rupees for one year. One crore rupees means at least one thing for anyone.

7:45 Anyone with a level of experience can get at least a crore. Rupees are the song of God, so crores of rupees Yes, a minimum of one crore rupees is required. What's next? Emergency. The fund may incur expenses even if it is considered okay. An emergency fund has been set up for this purpose. Must do. Next house yes Isn't home a big sentiment for grandchildren? Yes, even a bird has a nest for us to stay in. It is binding. Yes, so our home as humans We need at least a plan for the house. Must do. So apart from these, there is also financial What are the requirements, sir? Normal is the next one, I am the next one. I intentionally asked a question without answering it. The reason I did that is because I was in my session. I will ask. The minimum financial need of a man The requirements are for main and education. Anyway, education is very good, everyone. They say that even when asked this,

8:31 These are what people say, but there is another important thing Financial need Retirement and pension Only then will love and respect be enough. Yes, and There are two dangers in life. That sudden death, the second is a delayed death. Also yes because we accidentally But then life insurance for life Want. But delayed death is also a risk. When our finances are healthy, If not taken care of properly Okay, so there is love and respect only if there is a pension. It will be enough. So all of this is financial too. Our goals in planning are okay. These goals are ours. If we decide, how do we reach out? We can think. This financial planning

9:17 Setting goals first is the first step. It's important. Okay, but I know. Among those who come to me, 70% Okay, they should ask the questions they ask. The question is different, the question is different. It will be. That is, the first leader. Now a few thousand people are sitting I came for financial counseling. What do most people actually think when they come to counseling? I don't know what to ask. But read my books. I don't know what to ask them in general. They must be prepared. They must be prepared. So what can I say, my advice? For those who come for me, read my books first. I will come. Okay, because at least prepare. Will be. What are the actual questions? It is clear. Yes, so first goal setting After doing this, we will figure out how to reach the goal. Can you suggest? So in the final planning

10:04 These are the basic steps, depending on what Now which vehicle should we go in? If you want to go to Delhi, take the train. You can go by plane, by bus. You can go, you can walk, you can go in the car. But if you want to go to Delhi first We can plan to go there. So what's the first thing in final planning? Goal setting Goal setting Goal After setting the vehicle we You can decide. Um, so my suggestion is What if you put your call on first? Don't think about paper, write on paper. Write on the body and explain your reasons for it. Before we ask what your plans are, If you decide, the path is clear for you. It will be. Health insurance Anna Sir What is the minimum per person? It's best to take it sir, it's actually good for your health. Insurance is a very good question.

10:50 Because now those health costs are very high. Yes, it is increasing rapidly. Health almost doubles in six years Cast yes for example that a 30 year old Policy health as an individual or as a general It costs 10 lakhs to get an e-sensor. They generally take 10 lakhs. They take it. Yes, but 30 years old. How many more years will a person live? 50 years Lives 50, another 50 years extra To live means to live until 80 or 85. Yes So now that health insurance is 10 lakhs If taken Before before now for example a you Suppose there is a replacement, that's your proof. Replacement will cost at least 6 lakhs. It will be. Okay, that means 6 lakhs in six years. It's about 12 lakhs. Like this If you calculate, you will have a 30-40 year old

11:36 Even two or three crores is enough. But why two or three crores now? Take for example, what is health? I think there is an issue, a heart problem. But it was a major surgery. Suppose the insurance company is new. The policy does not increase the existing policy. So you should take it in advance if you have one. Let me give you a practical example now. I am a health professional for my wife and two children. I took out insurance. The policy is 1.5 crore in the first year. Coverage 1/F crore OK Sixth 3 crores by the end of the year It will grow and go away. It means we took 50 If not lakhs, then 1 crore in the second year There will be a coverage of 1/4 crore in the third year. Okay, there's a rider called Early X. By doing this, you will earn 1/2 crore in the first year itself. There will be coverage. Okay, that means we

12:22 What we have taken is that we have to pay a lot. Do you know 15000 Not for a year, but for three years. 1115000 for three years we are Paying for this 1/2 crore first year How much per year is the coverage okay? It will take less than 40,000, right? 40,000 That is, how much does it cost per month? Not just 4000, but yes, that's our car. How much does petrol cost? Yes. How much does it cost if you go to a hotel? Yes, once a month, a family. If you go to a hotel, you will pay at least 45,000 per month. Will it cost money? Yes, now to the hotel. Go and eat some Bhon Yemana and you will be healthy. Will it get better or will it get sick? Yes. That means easy spending for illness for 4000 Yes, I am for health insurance.

13:08 Some people spend 4000 per month. Yes, I am a millionaire to you. Even if you're getting older, a little is a lot for you. It seems like a lot, doesn't it? Yes, what do we say to that? That means 15,000 per month is 40,000 per year. How much will it cost in 10 years? Four five It's not more than a million, is it? Yes, what a claim for 10 years. Can't do it. But once in the 11th year How much does hospitalization cost? It's easy to get more than 10-15 locks. Yes, that means a claim for 10 years. Even if it doesn't come, once in the 11th year The hospital is built by the people. It only happens once, doesn't it? It's best for us if the situation doesn't arise. It's better if they don't come, even those who have jobs. Many people are taking it now. Awareness is coming even to companies. Providing a little health

13:53 What is the problem with insurance? Village We don't need those who are in Because we are the ones who actually do the job. Almost with the attitude of "Are they the same?" You know 90% of the village 95% of people don't have any real health insurance. So what should we do if they want to take it? I know now we have to pay for the disease. Is there a difference between a have and a have not? So, another thing is that health is for those who have money. If there is a problem, at least pay that debt. He can overcome that danger, yes, and money. Those who don't have it should take it compulsory themselves. Should I take another one in the village? What's the problem? It's not a problem. Many people in the village own property. Um, there are acres and acres of fields. Its value is now huge. It has increased in crores. Yes, but property A person who has is not a materially rich person. Money

14:39 Only the one who has is rich once. Even if it costs 50 lakhs in the hospital Suppose we were to give treatment. What is their situation? Even if the land is sold If you want to make something and sell it, there are buyers. Are you ready? Go for a lower rate Come. Go for a lower rate They are coming at a low rate now it's 50 Let's sell a property worth 30 lakhs. So buyers should be ready. How much property do you have in the Villages, as you said? You still have to take out health insurance. Precautions to take when taking out a loan Health insurance yes please Your village is more important to you than the villagers. Mostly because they are serving. Propagate. Sure, you are strong. Whether you have it or not, you have to take it even if you borrow it. Because then you can't run into debt. Yes, now the hospital will do it then.

15:25 Borrow less than the loan and do this. It is best to take it. So, as you said, financial The first step in financial planning Health insurance is a huge expense for this. Also, don't call me a general. What if you They will notice. That's health insurance. Many people are taking you. So they said, "This is what the employees said." They are still taking it. How much? Taking maximum 5 locks 10 5 Locks 10 Locks That's it That's it 5 Locks 10 Locks are adequate. So I am 1/2. Why did we take 1 crore? That is, 5 lakhs is a big amount of 1/2 crore. There shouldn't be a huge difference in premium. That much more If I take it, I'll be in the hospital there. But even if I don't have any illness, I'm more Maybe they'll file a bill and claim it. I've heard that a few times too. Is that true? It's actually him now. Now I have appendicitis, sir, there is no need.

16:12 Okay, if you put this on him, he can do it. This is very much like saying "do it" That's a good point because now What are health insurance companies? What they are doing means they have a hospital license. Bills are being scrutinized, okay? Some people pay bills abnormally. Blacklist of those insurance companies That means restricted. It's okay to put them on the list. Scrutinize. Okay, now you I need this health checkup and this treatment. No need, you don't know me. But In health insurance companies There are experts. Okay, those doctors. Scrutinized. Okay, so Even in good hospitals, always There may not be any chances to miss this. That means some people will suggest that I

16:58 I will do it, maybe outside, near our families. Maybe it will be like this then? Then what if we have a problem? Even if you take too much, even unnecessarily. We don't know how to operate on something. They said we had a problem and did it. I think that could be a problem too. There are people who say that now. Now Let's go with 10 lakhs. 10 lakhs 10 lakh insurance cover after departure We went with. Um, but now it's an emergency. So now I have to do a stunt, I have to do it. They say that and scare you. If you scare me, it's okay. We have doubts about whether we are doing it or not. What if we say no to treatment, 10 locks? Yes, we are concerned that you have The doctors who inquired are bad. Doctors are everywhere. That bad There are bad doctors just like there are people. There will be. But there is also a good doctor. Yes, those who treat you well. There are also other health

17:44 Insurance companies are checking. Okay, they are cross-checking. At least some hospitals for that. Even the treatment is done by keeping the skin close to the skin. There are things to do. Yes, I will file cases too. I'm saying that I will also file cases. There are. Yes, that's why we have another one. Actually, I am also recent to me. As we know, if we have health insurance, Chances are that the treatment will be correct. There is also. That means you are small. We can't tell if we go to the hospital. Yes But all the big hospitals too Just like our CCTV, this big one This surveillance is also carried out in hospitals. Unnayandi Health Janus Company Surveillance They are staying in. Okay, okay, observe. Why this treatment if everything is okay? They definitely scrutinized what they did. Doing. If you suspect a problem

18:31 Bills are being restricted for them. They are also asking questions. Okay so Good treatment is possible Health What is life insurance through insurance? Many people now say that I am on social media. A word that is heard everywhere Term insurance yes so many people What do you mean by these returns? Make investments that yield returns. Apart from all these, insurances Pure term insurance as a basic They say it's best to take it, right? How much does it cost to take term insurance as well? Best sir, as normal. At least 10 times a year If you need it, okay, that means you have an annual income. If the work is worth lakhs, then at least 1 crore 20 lakhs Minimum is required. Okay, that's it, every. Insurance coverage once every five years It should be increased. Okay, why am I saying that? Inflation is usually one of our needs.

19:18 Responsibilities will increase. Our income too It will increase, right? Yes, that's why it's a minimum. Should I take term insurance? You don't have term insurance in your name. Pure vanilla product as it says I won't give it. What about companies too? What they are doing is that return of premium Yes, limited payment term. Various calculations are being made. To that It also requires a lot of analysis. The reason is that We have an agent for someone we call The higher the premium, the higher the commission. The commission is real. For example, a 30 I took a premium turn for years. Imagine paying premium for 30 years. It is best to take a policy but some people What is the advisor doing? Limited Pay premium for 12 years, stay for 30 years They say there will be coverage.

20:04 Paying a regular premium is even better. Why is it better, sir? That's what premium means. It's growing, isn't it? You usually Want to pay regular premium of 10,000 If you want to pay for the same 12 months, instead of 10,000 20,000 to be paid 12 months a year Years to be tied. U so be my agent That means more love for the agent in less time. If the commission is real, then more love will come. Yes, they are suggesting. Okay But saying that, I completely agree with that. The reason it's also called wrong is because some people For example, some people think that We'll be building everything every year. Once you tie it, the job is done. There are people who will do it anyway, right? That means there are also those who build at the same time. Yes, that's what I suggest in general. If not, this is the end of the term. Insurance, no matter what insurance According to psychology, yes.

20:50 Because this is 100% correct. You can't tell anyone that it's correct. Now personal finance is a total Personal and yes person to person Maruthi. Yes, as you said in general. Pure term policy is the best policy. But how about the return of premium for some people? What is meant by "now is the money person's book" If you haven't read it, then watch the videos. Many Telugu people also watch the videos. Are you doing it? I'm tempted to see them. They will then take out a term policy. Extras They will wash it. Then disappointed. What's wrong with that, they're friends? You idiot, you're fine now, aren't you? Do you need policies that will pay off if you die? That means motivation goes away. Then They will stop building. But write off Think premium and then it will come back. What do you think about how much your grandchildren will get back?

21:37 They will calculate. If you die, you will come, General. I don't like it. Yes, that's discipline. Pure term policy is best for those who have But according to psychology You need a pure term that you can't get rid of. If not, return on term policy Premium is for a few We'll tell them to take it because they're still What can we do with bicycles? It's still okay. But I noticed this too yesterday. One policy term, another policy term Policy premium is low Yes Endowment 99 people to suggest policies We suggested an endowment policy but did not implement it. A man came the other day, no matter how much he said If you die, you will come, that's why you are bound. An endowment policy is a must and something else. That's why one is better than zero.

22:23 The reason we took out an endowment policy is because of the premium. There is no huge difference, it means he is young. Why is there no difference in term policies? GST is more than 18% GST on the same endowment 4.5% 2.5% % GST in the policy is OK OK means We can't blame anyone, right? So that's why. Endowment policies are better than this term policy. There is no huge difference in premium. Plus return Off premium, we have that hard money. There will also be some bonuses coming. Endowment policy is also one hundred to one. We want to get a size for both of us because And of course, depending on their psychology. Yes, plus the premium is also different for the wife. No, the reason is that this GST benefit Due to which net income is generated in endowment policies Decreases. Okay, so that's also a suggestion.

23:09 We will do it. But as I said, personal. Finance is totally personal. Depending on the profile, depending on the risk, Psychological Proficiency, depending on psychology Because of family psychology Also note the preference. Now that he has come to me, he He came to buy a term policy. Yes, but What will we do if they don't like our place? Yes, I have a health problem. Saying that it will come soon and then building it They will stop. So undisciplined They have a mouthful of endowment policies. I will recommend it to others except Pure. Is a term policy better than a regular policy? Andi Next Emergency Fund Emergency How much should an emergency fund be? Sir, what does normal mean to a person now? Three to for those with job security Six Months Expenditure Emergency

23:54 There should be a fund, but there is no job security. They are only for those with unstable income. Up to at least one year's expenditure It's good to have an emergency fund, okay now. Think of that job as a software employee. There is no guarantee, but at least one If there is an emergency in the year expenditure No matter what his job is, he's new. The time to take up the job is one year. It takes work to settle down. Just like that Agriculture too, if there is no rain, life will be lost. Nobody knows. That is why the farmer also At least one year of income and one year of expenses It is better to have an emergency. But what to do with this bank deposit? Best of luck. To the emergency fund Emergency fund is a bank deposit What if we put money in a savings account? If you invest, you will get less interest 2.5 2.7 If it's more than that, yes, it's the same bank.

24:40 You can make a fixed deposit in the deposit. Minimum fixed deposit in OK Bank Maximum 10 can be done in seven days. It can be done for years. Yes for example Today, one lakh rupees for 10 years. Fixed deposit made in the bank. 7% He said that interest will come. You did it. It's been 10 years but it's here for tomorrow. You can can it tomorrow. Fixed to the name Deposit but cancel anytime You can. Fixed but for the same name That's a flexible deposit. Okay then You have sent 100,000 in 10 seconds. Done. After six months you will have 10,000. The need arose. I want to cancel. You can take a loan. Okay, that loan too. There are two types of demand loan. Let's say. Okay, on demand, that is, once. They take it once and tie it, that's what Odi means. Running account you deposit 1 lock They have done this and will give you up to 90,000 ODIs.

25:25 Odi is okay, Odi means over drop for us. I'm very interested, sir. What does it mean? If you are given 7% interest on your deposit, Interest of 8% is charged on the loan. That is one 1% more 1% extra 1% is okay That is, if you take a loan of 100 rupees One rupee extra is paid per year. That's it, so you made 50 per lakh rupees. 90,000 were lost. Even these 90,000 No need to use it all at once. Okay, you. Take 10,000 Vada. 20,000 is required. Come and take it. How much at home? You can take up to 90,000. When did you get the money? Then you can tie it. Okay, you're welcome. For example, 20,000 were taken today. Four days later, they paid 20,000. This Interest will be charged for four days. The bank people. How much is charged? 8% You used 20,000 20,000 * 8% * 4/365

26:11 So a very negligible amount You're welcome. Okay, so I'm going to give you my money. The money in your pocket is written in the purse book. Interest can be earned. That means you have money in your pocket. You have 10,000, but you are not getting any interest. What should I do? Fixed deposit. Make a lakh rupees and lose 90,000 on it. Take it. This is an ATM card for 90,000 OD. Can be taken. So the ATM card is in your pocket. If so, it's like having 90,000 in your pocket, right? When you need it, just use the ATM. Can you take the money? Payment If you want to do that, you can use an ATM card. You'll have 90,000 in your pocket, but... The interest is 7% interest. 1% if used okay Pay extra. 7% interest if not used The interest on the money in your pocket is just as it came. You can earn through FD OD limit. The second is a mutual fund for an emergency fund.

26:57 Among the funds, there are debt funds. Among them You can also invest. Okay then According to income tax calculations, however Mutual funds are better than bank FDs. Debt funds will have higher benefits in Retirement after emergency fund How about a person's retirement? Some people say that you have to plan. Retirement after 60 years of service It's not like that, for some people I'm just 10. 15 years of hard work, just 40 45 I want to retire in a few years. There is also. This retirement planning is actually How should it be, sir? This is retirement. What if I reach retirement age early? Come and work as long as possible. Must do. Come to retirement stage yes Early is possible, my work is long. Yes Possible means retirement. A job that makes money even when we don't work.

27:43 We call it the financial freedom stage. Some due to family burdens You have to do some work for money. Um, but your passion is different from your provision. It's different every time, so your Financial if you want to pursue your passion If you have freedom, pursue your passion. Can do it. Retirement Stage Retirement is what I mean in simple words. I will tell you. Um, you will get the job you want. Work that people appreciate and that brings in money Return so enjoyment remains Earn a good income while doing the work you love. If it keeps coming, it's like retirement. That's all, work for money, stage by stage. Don't come. Even if you don't work Money needs to come. The second book is Money First, Hard-earned Income.

28:29 That doesn't mean income from not working. Through the wealth that comes from saving You are investing money in a mutual fund. They put it. Every month in a mutual fund By putting in some SIP strategies Coming. Your fund has reached one crore rupees. Think. One crore rupees till 60 years of age It's over. You have another 20 to 30 years to live. Withdraw a certain amount every month. You can do it, right? Systematic with a plan By that retirement means when it is You asked a good question to get started. Because the earlier the better. Let's start. Um because we What are your wishes in pension planning? What do you mean by "there are"? As mentioned, children's education This house is written. But start with Retirement Also All of These Which of These

29:16 Even things we don't think about, but That's retirement at a slightly younger age. When are those who are far away? Even the feeling that says it's necessary to think It will be. You know about the compound effect. They will listen. Yes, you are a dot. The drop together becomes the Indus. That is Drops of water meet drops of water and form the ocean. It will be. That means how early you start. The more you do, the higher your retirement amount will be. Come on stage. That is, for example It's a very simple calculation. Mm, you are a 10. Let's say someone fixes the locks and departs. Let's say I invested in a mutual fund. Let's say it got 12%. Here as a general On average, you can expect 12%. What does 10 locks mean in mutual funds? It doubles in six years. So 10 in six years

30:01 How much is a million? It will be 20 lakhs. 40 locks will double in 12 years 40 lakhs will be 1.6 crore in 24 years It will be. 3.2 in 30 years is a loss. See how it doubles in six years. Yes, that's the glory of the compound effect. Um so how early do we start? That's how the corpus is created. Yes, you are a I delayed him for six months, six years. Suppose your fund value is two crores. What should have been there was only one crore rupees. Yes Six months delay cost yes two crores The one crore rupees that is due will come. Yes That means you understand, right? Yes, early yes. Possible should be started. But for this There's no need for big calculations. Every month As much as you can. In a mutual fund for retirement

30:47 Drop it. That's the best way. Or more It's okay to assume the amount hasn't started. The simple way is to do it every month. A little 10% top up every year Do it. Okay, so this year is for Example: You can get 20,000 Mutual Fundship 20,000 Start Make this year a general income It will increase by 10% every year. Make it 20,000 next year. So every Keep increasing it by 10% per year. That means this What is goal-based investing? Yes, for example, for the year. You got an income of 20 lakhs or 30 lakhs. Think goal-based investing. It is possible. Okay, it's possible for some people. No, because the next one is 30,000 per month. Yes. Out of 30,000, this much and that much. What we do by calculating is Not possible. Okay, what do we tell them?

31:34 Do as much as you can. This is how to get more profits from investment Just do it, right? Yes, automatically. We will reach the goal, right? Yes, what does that mean? If possible, do it if you have a high income. Make goal-based investments. Okay Not possible, whatever is possible. Start. Karna, starting today Must start. What if we delay it? If the cost of delay is not more dangerous For this, you should consult an expert. But I will suggest it. Okay, you. In general, what happens is money. Management knows we don't know money If so, how can we be managers? They think. It's okay if you don't know. The reason I think it's not easy is because... I know everyone by their faces. My hair I know it is. But in front of the mirror I can't jump in unless I go, right?

32:20 How well do you know your finances? If you know, meet with a financial advisor. If you meet, are you going on the Sarada route? He can say whether or not. Early job Those who are doing it are now in their teens. Otherwise, after completing B.Tech. They are empine after those 30 40 years. Should I make a profit now, if only for the millionaires? We will be able to enjoy life, right? The first thing you need to do is Financial literacy is needed. Literacy alone is not enough for financial behavior. You should know because financial knowledge is very important. People have it. Because on YouTube Books have come, so there is knowledge. But in implementing You are falling behind. Okay, so what I'm saying is Now, as we thought, the wheel As soon as the plan is met, Financial means if you want crores, you need a

33:08 We need a road map. Oh, that road map. When they can't afford that road Getting assistance for a map Good. So your financial situation What? What are your chances? Mm you Improving knowledge skills What are the ways you can do this? First of all, What needs to be done is to make crores of rupees. Invest in yourself before It's good to do it. Early in early age Skills improve with age. Doing so will increase your income capability. Um, now those new new courses Learning is because of that. A person earning 30,000 gets a salary of 60,000 To a position where you get a salary of one lakh rupees Growing skills are an investment. Not through capability income Capacity needs to be increased. Skill for that

33:55 Improvement is needed. So Knowledge For improvement, for skill improvement. Invest. Okay, actually I am. How do I write the price of a book in my money purse? Smart investment for effortless returns The price of the book was written. Okay means skill. Improvement is a skill if necessary. Even if you spend money on the course Learn the ropes. Okay if necessary Meet the financial plan for them. The fees paid are not expenses. Investing is the best investment for you. What is investment in yourself? Improving your intelligence and skills If you can auto invest for Your capabilities will increase. Your If your capabilities increase, so will your investments. Grow. If your investment increases

34:41 The court is a big automatic. Let it be. Yes, you are the one who wants to be you. Automatically, whether you want it or not It would be easy for us to become these millionaires. However This requires investments again. What are the opportunities Daily Estate Should you invest or buy gold in mutual funds? Should I put it in a bank deposit? That's your goal setting first again. As expected, depending on the goal setting If you are going to Hyderabad, go from Hyderabad. If you want to go to Vijayawada, you can take the train or the bus. If you want to go to Delhi, you can go by bus. Is it a short journey? Yes, it's a long journey. So If you want to retire, go to the bank. Deposits are not possible. Flight to Delhi If you want to go by bus, you have to go by train. I'll take the bus, I'll go by bicycle, I can't. So your journey is long or short.

35:29 Your goals are short term, your goals are long term. That's why your castles are built according to that. How many years do you need to achieve your goal? Add the capful and again add a little flour. Rotta now earns 50,000 per month. If a person wants your castles, ask for them. Tell me your skills, remember me. Needs to be developed, upgraded a bit. The first thing you need is your Depending on the increase in capability So my book turns income into wealth. How do we book income under assets? We need to discuss ways to change that. We did it, right? Yes, that's why I made the suggestion. Get an advisor for yourself. Meet a trusted person who knows and trusts. Road map with advice Take a road map and you will Investment becomes easy Investment means either this real estate

36:15 Otherwise, gold or regular manollu What you've always done is good now. Mostly we hear it from ourselves. What do you mean, sir, I'm also a fiver? Six years back, the original mutual I didn't know there were funds. Stock But about the market, it's a long way off. This is the original What is the concept of mutual funds? Sir, through this mutual concept What is the actual investment? What happens? Now if you look at society More employees have money Will there be? The businessman has a lot of money. Are there any who are? Because of that business There are many, so business for Example: Even if you want to do business, Even if you want to start a company, you can't do that to me. Not easy. If there is no company like Reliance A company like Infosys, you and I But in such a company, we If you invest, the company will get Profits come to us, right? So in that company?

37:03 We buy shares only to buy existing shares. That Buying shares means investing in the company's growth. Our growth will also depend on it. Our share The value will increase. If yes To invest in the stock market, What kind of shares do you need knowledge to buy? When is the time to buy? When is the time to buy? Knowledge is for everyone to sell. There may not be the right information for everyone. It may not come. So which share when? Because I don't know when to buy or sell. What if we invest in a mutual fund? There is a team of mutual fund managers. Which shares should they buy when? They decide when to buy and when to sell. Research is done. What is a mutual fund? What is meant, simply put, by a common fund? Mutual fund mutual fund There are 10,000 people who have deposited Rs.

37:50 How much is one lakh rupees? Yes, that lakh of rupees will be invested in the fund. The manager invests. So that As the amount invested increases, Profits are allocated to shareholders. Mutual funds will come to the holders. They come to the holders. Once stock It may go down automatically, mutual. Fund investments may also decrease. But in the long run, my average is the last 79 From the stock market Bombay Stock Exchange Sensex Growth If taken Invested since 79 till now Invest in them anytime. A General law for those who have been here for 15 years It comes less. But in the middle Even for eight or ten years, Laszlo There are those who are. Um, so when?

38:35 This risk exists, so that risk Invest in stocks individually Those who do it bear that risk. Because I don't know when and how to do it. If you invest in a mutual fund Mutual funds take this risk. Our fund is based on the risk profile. They invest based on their objective. Will do. Okay, so we're in this for the long term. Good profit in bank deposits Definitely a better profit than There is a chance. There is only one chance. Yes, but there is a risk because Mutual funds are subjective When we say market risk, Let's watch the advertisement, shall we? Yes, that's it. True, but in the long run, mutual funds There is a chance of making a good profit. However You said there was a risk, but you stayed away.

39:20 It is necessary to go. Go to the jeweler's shop and buy a crore. They bought the opandalas with rupees tomorrow. If you want to go girl, how much is 80 Locks are real. Is there a 20% risk or not? Why are we buying for the long term? We are buying for. Real bought gold For the long term, the estate is invested We are investing. 80 Ivers There must be compulsory patience. Be patient. However Three years co Four years co Returns It is not advisable if you want to. But these mutual funds also have equity. The eight-year portion principle applies. Debt funds are also included in mutual funds. There are some. You are one year old. You can even put up to. Okay, two years old house. You can give it to them too. If not, more It is not right to expect profit from it. Okay, depending on the risk and profile. Suppose you have a short-term need. Either in the ship policies of the mutual fund

40:06 You can make a long-term investment. Okay There won't be much profit from that. Yes means The money we need in the near future Without investing in equity, that is, stock In a debt fund instead of investing in the market What does it mean for income tax purposes? You will also get better profit. Plus There will also be liquidity. Our friends Some people should invest in mutual funds. When we discuss that, Are mutual funds not real stocks? Saying that you should invest in the market There are also those who made suggestions. Original Can I go to the stock market? Whoever invests in the market That's right, sir. That's the stock market. Andi now company profile company When a company believes in progress When the share is found at a reasonable value, It is better to invest directly, but How many people will have information, for example?

40:51 There is a pharma company. M Pharma Saying that there is a formula error in the company The American certified it. Automatically The company's value will decrease. This company is When and to whom does information come? When will it be available to the common investor? Whatever changes come to this company, we Even though the big players are coming, they are already there. Be careful. The information is too late for us. It seems like. But you have the time to find out that information. Patience Knowledge If there are opportunities, definitely the stock market You can invest in. But I am now Let me tell you simply, in the stock market. Many people invest. Abhimanyu, just do a little research. Identify which stock to buy

41:38 Many people are doing it, but how? When to come out and when to come out Many people don't know about our market. After September 24 After September The market has fallen. Um but our smart They are in cash. But a retail investor still Even if the growth rate is still a little low, it is still Just say "healing, healing" and that's it. They stayed. Therefore, like Abhimanyu I wonder when they will enter. I know, but how and when to get out? Many people want to come out. I don't know. So that information is If you have knowledge, you will definitely be in stock. You can invest in the market. That is Mutual funds are like buses and trains. It's like a flight. Okay, we don't need leather. It's easy if you install the Plus driver.

42:25 Root He will take us away, right? That's why the commission is there. That's all you have to give, isn't it? The commission is stock. We have to take the whole path ourselves. So if you think that commission is enough now, Invest directly but Yes, if the mistake is a costly mistake Buying the wrong share is a mistake. It might be a costly mistake, okay? So now in mutual funds A good fund to invest in Yes, you have managers, right? You definitely have the knowledge and patience. If you can find the information, you can. Definitely stock if you find it. Invest directly in the market. But you are in the profession. It's true that they are farming. They are doing it. You are so kind. Can you find it? Why bother when you can't find it?

43:10 A mistake can be costly, right? However, in this too, the stock is directly Those who invest, as you have already said, Tell me who your friends are. What are some stocks like? They meet luckily and then leave. There are doubles within six months. I thought my brother was a better leader than me. They invest thinking they are a great genius. You will compare with your portfolio. I'll put my portfolio in there. This is what mutual funds are like in stocks. This is what comes out of the funds In the long run, sometimes luck is just luck. No, I think he is intelligent and knowledgeable. It could also be. Good stock of sandals If you've picked it, it's enough to pick it. Now for example I am a Pharma That's why I bought shares in our chemical company. It's been in the shop for almost two years now. Even though it means government policies too

43:55 It will have an effect, right? It's just like that. Almost six months of market failure Even good stocks when It fell, it fell, it fell heavily. They fell, so even now Panicking and selling Even when it happens, it will be so bad. The chances are high. Now and then The market has been doing well since October. The market fell today and fell again. Many inshoots have fallen and still fallen. Mutual funds are bought every day. Arrived. An individual investor If it keeps falling, falling, falling, how many? Tell me what days you can afford. Actually, we have that. Where there is conviction, there is courage. Yes, if you have that courage and that maturity. Invest in stocks directly It's good to do. Your work when there is no um You are doing your job comfortably. While you are playing with your children, If you want to be happy, become an expert.

44:42 Give it to Atleast You Are An Expert If you don't want expert advice, you can Take a big cut for it. No, yes, you have one more. You should also tell about chit funds. Yes, mutual funds as usual. How much will it cost to invest at 1%? The cost will be around 2.25 to 25. If you put The price we pay in the stock market It's okay if you put it in a mutual fund. Whether you want to be off-mind or not, you can spend time with your family. You should spend your time working in your profession. Peace of mind if you want to immerse yourself If you want, invest in a mutual fund. What is the trend now? These are mutual fund stocks. Sir, they are running now in gold. If you invest, invest. Correct, what is gold at this time? They have a high sentimental value.

45:30 The gold rate will increase significantly. True, but it needs to grow every time. No, yes, now from 1985 to 2000. The gold rate has doubled up to 15 It took months for the gold rate to be okay recently. The gold rate has increased significantly in the past. Yes, but not every time. Don't expect it. Okay, the other day too, one lakh rupees. It's over, but then it's 20,000 rupees. 1 lakh 50 No one can say no. But listening is gold. Investment means stability. So, who is it suitable for, sir? It's gold. Investment is an example for you now. If a health problem occurs in a family Gold is a staple in many homes. Ornaments, please. Um Gold Those who shortened it and used it as an emergency There are many people. Okay, so it's gold. Investment is completely me.

46:15 Not the opposite. If not, your 10% on investment in gold You can invest. Okay, the same ornament. 10% gold investment if you want to buy If you want to do it, make jewelry rather than buying it. If you buy it again, it will cost you everything. Even if there are, 20% will be lost in that. Yes Invest in a gold ETF. ATP What does that mean, sir? ETF stands for gold. ETFs exist, so they are us. Instead of buying physical gold, yes that gold What is the unit rate for one gram? We can take Gold Etf for that. They are If the gold rate increases automatically, The value will also increase. There This is a cheap way to invest. There will be no cost overruns. Storage value There will also be no storage problem. We Where can I find gold jewelry at home? It should be kept and protected from thieves.

47:01 There will be no suffering. So Gold Etapulo You can invest in mutual funds. You can invest in the fund. This is real. When is estate investment right, sir? If you have a bulk amount, you can invest in real estate. You can invest. Okay but When investing in real estate What you need to think about is liquidity. Look at the near future or the long term. But there is no liquidity problem in In real estate only when you want Invest. In six years you You have to pay fees for your child's education. You invested in real estate. If you put this Becoming a real estate wife in six years There is no guarantee that trust will increase, right? Yes, selling a lot is not that easy, is it? Here, in real estate, I'm a salesman. Real estate according to the buyer's needs and budget In the case of a buyer when you want to sell Real estate when you can't find it or not Liquidity is a big problem if you can't sell it.

47:48 Depending on that, you can get into real estate. Decide on an investment and Invest in growth-oriented places No, but first you have to live. You and I said, "We are in the first place." Our financial needs as expected Above all, your children's education is yours. Retirement is all planned out. Then for wealth accumulation Invest some portion in real estate You can put it. But a huge amount has to be paid. That's right. Real estate is where you bulk Liquidity is a big problem, you have to put the amount. Plus every time there is a huge increase in real estate Let the profits come. What I observed was real. Twice every 10 years in the estate When the earth comes, we Must sell. That is, when people are jumping When people think we should sell,

48:35 We should buy it. Those with that maturity are real. You can invest in estate. Liquidity is now a job for us. While doing this, here in the village is a one-acre The land is there, now it is missing and cannot be found. If you say that, it is very common in the village. How do they know where they are in the place? If direct bank transfer Don't take it. Money, so what should we do with it? We actually withdrew that amount. I have to pay them again. Original Is this correct? Is this withdrawing money? Paying is now 50 lakhs. Property purchased. In that The registration value will be 10 locks. 50 lakhs should be given in a block. Yes, that's it. Four lakhs will be given in a block. That is The job you do is white money, yes, but They are changing white to black. Yes The property you bought for 50 lakhs is a After 10 years, your son will have two years to study.

49:22 If you want to pay crores of fees, think about it. Let's say the value increases by two crores. Example: Yes, profit was made. Increased. But if you sell it, you will get it back. Is that a black amount? Can you pay the children's fees or not, sir? How did I cut it? How did I tie it? It's okay if I give you cash now. Is it okay for an IIT guy to give it to ANIT? He won't take it, right? Yes, now in your town. They are in a small school. They either give or they don't take, plus Went to the hospital, wait for this. What needs to be done is to wait again. That's right. It's not the only one, it's the same school. No, he joined the hospital. You went to Apollo Hospital. I went to the hospital for another year. I will give it in cash, I will give it in block. Tell me, will you take it? No, yes. That's why in real estate, Real estate is very expensive, except for the fading. It means a lot to help people in need.

50:08 It may not be possible for some. Is that difficult? Sir, completing real estate in white. Modi is the one who completes that transaction. After the arrival of Mr. Tell me how many restrictions there are. You have one financial year. Your savings in your account once a year More than 10 lakhs of cash in the account If you enter it, that data will automatically be entered into the income statement. It goes to the tax department. Okay, they ask where from. They ask if it has arrived. Then you can say You mean, again, various things? The flowers should be followed. That's why I I have seen this in Telugu villages. There is a lot of real estate madness. Some of them are also growing. Now 20 thousand, before 10 lakhs The assets invested have reached two crores. We saw a lot, we saw it too, yes, so it's wrong.

50:53 It's hard to say, but that's how much black money has increased. But white money has grown so much but What some people call real estate How much has the number of people who invested increased? It is called black and white. So I am yours. When there is no white problem, it means nevity. In real estate when there is no problem You can invest. But near In the future, they will only have real estate. Don't invest in. Okay long term You can find real estate for what you have. You can invest. And this This real estate investment Gold or stock mutual funds Are there any other options? Sir, if we want to make investments, what do you mean? Skills Improvement. That's big. Investment is a big investment. I mean, where is your passion now? For example, making movies now That's called an investment, for sure. Investment but how many movies? Okay, yes, it's a shift.

51:39 They are the ones who make a lot of movies. They do it with passion but for profit. I know very few people who take it. I think so. Investors I am a very small film maker. Even if I said classes, it's okay. Classes for producers and directors too I told you, they are on money management. It seems like they have a lot of passion. Yes, please. Everything should be done perfectly. With passion to make the second one amazing too They will take it. They say they do it just for money. I don't think so. What do you think of the movie? There are two types of touch in the field, right? There will be people. But this Earnings based on investment calculations There are those who want to do it and the same Earn by doing it with complete passion. There are those who want to do it, but How many movies do you make? How many are hits, how many are flops? Only a few producers

52:24 It is possible, it is possible, they have a Set up a system design and Also set some formulas So, what are you doing while watching the score? Cricketer swings bat according to opportunity He's good with the bat, that's all, it's automatic. The score is increasing but the scoreboard No cricketer would have thought that batting Basic financial planning, right? About Us and Investments It's over, sir, so we're lost. The topic is about loans in our country at 2%. Even with interest at 5% and 10%, Sir, they will give you a loan at interest. When those who took it couldn't pay it What should I do and they didn't build it. What should those who have given interest do? That is, 24% interest is 36%.

53:09 10% interest on 10 rupees is 120% which is ₹1 The interest we charge per rupee is 1200 rupees. Interest is the same as government and courts. Please allow. As I like. It is not legal to charge interest. But sir, they are giving 5%, 10% now. Even if it's just a few years, they will give it to you. Whoever gives it must have a license. Now Telangana Money Lenders Act 1939 Register for them according to 1349 The lender is okay with it. Should I register as a loan? Record should be written, residual should be written, accounts should be written. Maintain another direct file. To do How many people are doing it? So we are in the village.

53:56 We took an interest payment of 10 rupees. Let's say. I can't pay the loan. He has to go to court, how can he? The actual interest is as per government calculations. It's not possible, the courts won't allow it. That means two rupees, okay sir? Two. Up to Rs., if some go to court What will the court do with even two rupees? Depending on the situation, if necessary You can also reduce it by 12%, that's also simple. You can change it to interest. That is, case two. There are many cases where the case is different. There are also judgments. Take 12% of what is 36% 48% That too is taking simple interest. Even though the courts have said that They gave. So they gave the loan. If they go to court, they won't be able to get the solution.

54:43 No, the solution won't come, okay, because that's Not permitted under the Money Laundering Act They are not registered. Okay First problem Second problem registration However, accounts must be maintained. The second problem is how much interest is required to obtain a permit. Plus their income tax file. When I did this, I got this year's interest. A person said that 20 lakh rupees were received in the form of Someone is filing a money lender. Tell me if you don't file it with the government. That is, evidence used against him. I don't want to put it on. How can he go away, but what will the court do? Example: Do I need to get married? Health I told my friend that it was for a need. Just ask. Friend has a good heart. So he gave a loan. Lending

55:29 That's right, yes, he's a money lender. No. But he gave a loan. Who is there for us? He wrote it because he could. Such He gave them a loan and went to court. What would the court do even if it went? He looks at the payment capability. Oh, so. Suppose he has a salary, income salary. Can be attached. Property has salary If you can attach it, yes. No property, no income, what? The court is acting as if it has declared Veedi bankrupt. It is announced. IP under installment They say he put it in, right? Yes, we have IP. A decree under the Insalment Act The court will now decide for anyone. You also have the right to live. Mm a Let's lend 10 crores to a person. He is unable to tie it.

56:14 But who would kill someone by saying "it's a piece of paper"? No, yes, first he has the right to live. There will be. Yes, that's why he has to live. So the court declared him insolvent. The person cannot be charged. The court dismissed the case, saying he had filed for bankruptcy. It does. Okay then, I gave the loan. What can't they do too? Okay, but here's another one. Now I have yesterday. A family has arrived. This is how much rupees Debt Sir, we have taken a loan at an interest rate of Rs. The debt has reached two crores. They asked me to do it. If they see income The situation is not good. They are having a hard time living. That means they How is the situation? Why is it like this? It was so hot that it was so high. That means you invested in real estate last Land in real estate for two years

57:00 No, selling will bring profit. Suppose two rupees interest is three Five rupees per rupee is interest. Brought. Because I missed a good chance. It's over. If not today, I still won't find this. They took out a loan saying they couldn't find land. Brought. We will sell it and build it again. They told me to bring it. But rates did not increase. Um, so the situation has come to the fore. She was on the verge of suicide. Arrived. I said one thing, we are not in Mora. I don't know if it's correct, but you are him. Yes, you have to live, but on a shoestring. Isn't it wrong to charge? Yes, if you do. What's wrong with him? He's really capable. If he escapes, he can collect. Um So we will collect interest of Rs. Isn't it wrong? Dharma is not interest, is it? Yes, ours. We hear the phrase "Dharma usury" in interest.

57:46 Yes, we are, so it is not interest on Dharma, is it? Is it not unjust interest? Five rupees is unjust interest. Yes, he is taking interest of 10 rupees. That means you are the only one who can avoid that dharma. Before you say what's wrong, We have given some solutions to survive. Give me the courage to live first. Sent. That is, the borrower Ways to avoid a situation where you can't build I need to explore but I'm stuck. There is no need to go to the extent of suicide. Mm But if there are wilful defaulters, they Definitely if you have the capability. Our court considers that he is in debt. A loan is a loan that looks at the condition of the person who gave it. Depending on the situation of the person taking it, the court Decisions are made based on evidence. Sir, what is the situation with the loan? Sir, it is very

58:32 If you are very serious, but don't have a friend, Wishing their relative well. They give. He also needs money. I'm going to ask, but I won't get paid. And that I wrote it in my book too. Mm close When giving to friends and relatives I'm going to borrow money that I can forget. Zodiac. Okay, so I give 20,000, but it's 50,000. If you think you can forget even if you give it to me, Give it to me. Um because once how If there is, then money will be lost, and hostility will be lost. Be careful of the rest, that's proof. Arrange a documentary. Arrange proof. But in this

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