10 Clever Personal Finance Rules you should know. #PKBOLA

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Published 2023-05-11
In this video, we will be discussing 10 personal finance rules that can help you save a lot of money and secure your financial future. Managing your finances can be overwhelming, but by following these simple rules, you can take control of your money and achieve your financial goals.

We'll also discuss the importance of maintaining an emergency fund, investing in your retirement, and avoiding debt whenever possible. By following these rules, you can build a strong financial foundation that will support you throughout your life.

By making smart financial decisions today, you can secure your financial future and live the life you've always dreamed of.

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00:00 - Introduction
01:17 - Know when your investment will double
03:02 - Invest this much in Equity
04:08 - Disclaimer!
04:45 - Budgeting made easy with this rule
06:31 - Plan your emergency fund with this rule
08:08 - Before taking a loan, watch this!
09:48 - Plan your retirement with this rule
12:57 - Never skip any investment with this rule
13:41 - 3 components of a Financial Plan
14:55 - Know this before following any rule
15:60 - Steps to participate in the Giveaway


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All Comments (21)
  • @isomaniac7850
    After watching your, Akshat's & Rachana's videos regarding finance - Few points that learned are as follows - 1) Take calcultated risk & manage & be responsible for your own money. Don't depend on anyone, not even your family. 2) If you want to buy anything, first earn 4x of that value & then spend or buy whatever you want to buy so that u will most probably buy only those things that really matters to u or you'll buy cheapest things which are available in the market. Basically its a win win for me. 3) first diversify your portfolio a bit & then concentrate to increase the value of portfolio in long term. Audience can add more points in the thread. 😊
  • Rules are always there but the most important is following it with consistency 🤗😌
  • @ericmendels
    The S&P 500, if one sticks with it, outpaces inflation by many percentage points. I personally don't care about the inflation. I just want my money to keep outgrowing the inflation rate. That is why I'm looking for companies now to put in $80k for a start. Just don't know how to proceed
  • @sobhit_sahu
    Sir apka video dekhne ke bad mai sapno me udne lagta hun aur need khulte hi wahi hota hun jata kal soya tha.
  • @luis-gabriel1
    The stock market is and has always been the best place to make substantial income i still find myself pumping more funds into the stock market and trading aggressively. Away from all the distractions around, I still make huge profits from my investments.
  • Success seems to be connected with action. Successful people keep moving. They make Mistake but they don’t quit... As the economic crisis keep rising, we literally need to have different streams of income. The crypto and stock market has plenty opportunities to earn a decent Payouts with the right skills and proper Understanding of how the market works.
  • I am preparing for all this things, you just revised my plan... Thank you..
  • @suphaldas7852
    Aap sahi ho sir ❤️ you are very honest 🙂 Every influencers only show up but you always tell us the Reality.. Salute to you sir 🙏
  • @kartikjain08
    Brother You can add more detail in term insurance that every age group are not eligible for the 20× life cover of their annual income. It depends on age and its rule is 18-35 age - 25× 36-40 age - 20× 41-50 age - 15× 51-55 age - 10× 56+ - 5× Of their annual income 😊
  • @NonVegHome
    Market me aapse bahut ache ache influencer hai jo free me educate karte hain. However, aapse ek dil ka connection ho gaya hain aur aapke har ek videos mujhe meri "mujhe sab kuch aa gaya ab" wali gamand ko tod deti hain aur jindagi me aage bahut kuch sikhne ko motivate karti hain.❤❤
  • @TejasTharu
    For all the youngsters out there, customise your 50:30:20 as follows: 50% --> Investments 30% --> Needs 20% --> Wants It may sound impossible at the beginning, but trust me, after some time, you will be glad that you have opted this.
  • @nikhiltiger
    Hi Pranjal...Great Video with good insights for beginners and experts...woh fintech influencers wali line "Paida hone ke pehle hi retire kar dein" was epic....Also I believe 25 x is a great guide line for making a retirement but one's individual situation like if you are married or married with kid , married with kids...etc & the kind of lifestyle you live will determine if 25x is good enough or will require more fine tuning... All in all a great video...Thank you
  • Great video to have a summary of finance! But one thing you must consider while telling about autoswep feature is, that they can end up making less interest than saving account also, if they withdraw and add big amount again and again. Rest was wonderful
  • @jujuhuyu619
    Great video and very straightforward. I don't see any other perfect time for one to invest in crypto and trade than now.  I don’t think that buy and hold is a valid investment strategy anymore but trading is worth it and you make more money when you trade correctly. You can start TODAY regardless of your age INVEST and change your future. When investing try to Engage in a more professional system of investment/trading with signal, which is a lot more profitable than other means anyone might use. Recently had family members ask me where to begin learning how to get started and Francine Duguay my investment advisor is perfect.  Definitely recommend and her trade strategy works in every region. Very helpful for beginners. Using her method to trade has seen my portfolio grow drastically from 3.9BTC to now 13BTC, thanks, Francine.
  • @jojijohn233
    Very Good Financial Thumb Rules for common people .
  • Informative Video Sir ! My suggestion is Emergency Fund should be increased . I think instead of keeping 6 X Expenses in energency Fund , it should be{6 X Salary} or {12 X Expenses (per month)} because any how emergency fund is also earning intrest (approx 6% auto sweep) and this will keep enough money for some medical emergency or to handle any unavoidable circumstance to be on a safer side.