Money Matters How To Deal With Friends & Relatives ?
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- เผยแพร่เมื่อ 27 มิ.ย. 2024
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Without a doubt, this year will be worse than the last. I lost a lot of money last year as a result of bad investment choices that I would not have made if I hadn't been so worried about my portfolio. I kept investing, but I couldn't determine whether to start paying for a house. In the end, I sold my positions, and the house needed more work than I had planned. I'm not sure how long I can keep going like this
everybody has erred at some point. It's wise that you think about financial planning
True. My portfolio was diversified across several markets with the help of a financial planner, and were able to achieve over a million in net profit among high dividend yield equities, ETFs, and bonds. It is vital that you have a variety of exposure, including in firms that are currently generating cash flows.
Do you mind sharing your financial planner?
*Leah* *Foster* *Alderman*
Simply glance over her details to learn more.
Good topic...many people face this in life...you are at mercy of your borrower till you get your money back
The best way to avoid giving money to your friend in whatever form, be it money or being a guarantor is that you tell him that your father had done similar mistake when you were kid, because of which you suffered and therefore you have chosen for your life not to do the same mistake of lending money or be a guarantor for anyone in life. They will never come back asking for money from you.
Thought provoking. Informative.Revealing, inspiring....
Good advice i like the speech.. Thank you sir for your beautiful speeches advice
Thanks for clean and correct advice.🙏
Great video
Spare the money and spoil the friend.Friends take money fro granted, set clear limits/boundaries even if you get a bad name.
Excellent video with great insights into the complexity of Indian society.
*Dr Bhat , yes you are 100% correct, never give money to friends and relatives, ESPECIALLY THE WIFES SIDE OF THE FAMILY 😐*
What about husband side?
@smslone wife lives in husbands family not otherway round 😊
Great information
Excellent
Excellent pieces of advice 👍❤
A very good post and very valuable advice yet again. Your videos never disappoint. Thank you.
Very correct advice
Love the way you explain it with ease!😇
Eye opener vedio. Very well explained. Wish would have followed 15 years back.
Good one. Very Informative
Nicely and Intelligently explained..
Very important advice and good analysis ,thank you .
An excellent session.
Great advice
Lovely video Sir. Opened my eyes.
It is impossible to say no to your brother or sister when they know you are capable. You have to choose one money or relationship. If you give part money when you know situation of other side. You are the last hope.
I finally discovered this inspiring video! Ready to chase my aspirations! _ "Each challenge you conquer propels you closer to your dreams."
Wish I had this insight at a younger age!
Superb advice Sir. Thanks
Your influence radiates positivity! 🌟 _ "The path to success and the journey through failure often overlap."
Thanks a lot.
thank you sir ❤
Thank you
Wish this was posted a little earlier!! Would have a learnt a great lesson
👌👌
Not disclosing might hurt our close ones. Better to lie and underplay your income. Whenever finances are discussed, pretend to be going through financial difficulty. Complain about rising expenses every now & then.
Need to keep wife/husband informed about investment made and corpus
Not for realative and friends many people would have been millionaires😢
If one cannot help friends and relatives, whats the use of being such a millionaire. If we dont help our near and dear ones, who will? And if we have the need who should we turn to? I agree we need to be smart with money, save enough for a rainy day etc.. but everything should not only be focused on me myself mine. Based on the need if its a medical or education need one should always help friends amd relatives
@rohanp8645 Lend a considerable amount of money to your relative or friend and do an experiment. Then you will know what I said.
@@rohanp8645everything should be based on myself
My relatives don't need to watch, they already know this.
@@rohanp8645how many people you have helped , how much money so far u have helped
Good advice. But difficult to adopt. Adoption will be at a cost.
👍
Good one, but how far we can follow matters
i have seen too religious , but regarding money matter worse than no religious person and i have seen relatives too close , but regarding money matter worse than strangers for indirect decent cheating and both these groups are too justice all matters except money matters
Sir, this is what happened in my life, I stand garenteer to my brother, my friend, my mother brother and also to my father but everyone did hands up and I went into debit trap and took for me almost 5 years to come out to lead my normal life... 😭
Your voice is not crispy the words get swallowed and mingled
It better to hire a presenter
Thank you very much for your feedback .Will work on it
I don’t agree. His talk is quite good
Excellent pieces of advice 👍❤