GenZ & Millenials are the poorest generation EVER

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  • เผยแพร่เมื่อ 6 ม.ค. 2025

ความคิดเห็น • 401

  • @Rubitonyourface
    @Rubitonyourface 9 วันที่ผ่านมา +62

    12 young people between 23 and 27 across 6 cities? That’s a really poor sample size. Not to mention this won’t result in understanding any sort of inference.

    • @Prasaddongare
      @Prasaddongare 5 วันที่ผ่านมา +4

      It's a biased and sponsored video 😅

  • @jobhi23
    @jobhi23 10 วันที่ผ่านมา +239

    I was in right direction.
    I saved like 30% of my salary in mutual fund and got like 48% returns .
    But then wedding season came, and my savings went from superhero to zero-hero 😂

    • @yuvrajguptaofficial888
      @yuvrajguptaofficial888 10 วันที่ผ่านมา +7

      Same happened with my bhaiya

    • @kaifjamal6265
      @kaifjamal6265 10 วันที่ผ่านมา +6

      If you don't mind asking did you regret that decision coz I'm gonna have to make a similar one soon lol

    • @wreckball2315
      @wreckball2315 10 วันที่ผ่านมา +6

      30% is very less. Minimum 70%. I save 80%.

    • @jobhi23
      @jobhi23 10 วันที่ผ่านมา +16

      @@wreckball2315 that means your salary is for yourself only, no one depending on you.

    • @jobhi23
      @jobhi23 10 วันที่ผ่านมา

      @@kaifjamal6265 yes I regret, but no choice, marriage also compulsory

  • @kamalk0107
    @kamalk0107 10 วันที่ผ่านมา +605

    Remember this channel is also an advertisement that wants us to save money so that we can invest in markets via Zerodha 🙏

    • @ToonXTech
      @ToonXTech 10 วันที่ผ่านมา

      @@kamalk0107 they never said to buy from them.. they advertise the Ideas to save ourselves.. and it's our choice.. maybe sponsorship to make content by them but so far they doing best..

    • @DheerajThukral
      @DheerajThukral 10 วันที่ผ่านมา +63

      And what's wrong in that?

    • @advaithrajendra
      @advaithrajendra 10 วันที่ผ่านมา +109

      When you use 100% of your brain, you get these thoughts 🤣🤣

    • @madking3
      @madking3 10 วันที่ผ่านมา +32

      Long term investment cost 0% brokerage except yearly mantainance. If u don't want to u zerodha u can u other u have a choice.

    • @SaikatSaha-yk1yq
      @SaikatSaha-yk1yq 10 วันที่ผ่านมา +21

      Nothing wrong, Invest Money and increase Indian Economy even if you are investing 2k everymonth

  • @AmanXdeep
    @AmanXdeep 10 วันที่ผ่านมา +121

    Thanks for this content-nobody really talks about this. Somehow, we all get lowkey tricked into buying more.

    • @QuirkyAvik
      @QuirkyAvik 8 วันที่ผ่านมา

      many people talk about this

    • @ladhkay
      @ladhkay 6 วันที่ผ่านมา +1

      Only idiots do

  • @riteshgarg
    @riteshgarg 10 วันที่ผ่านมา +14

    7/10 iphones on EMIs is a strong indicator of something is seriously wrong

  • @AshishChavan2904
    @AshishChavan2904 10 วันที่ผ่านมา +44

    Buy assets, not liabilities

  • @sibasankarbadatya7936
    @sibasankarbadatya7936 10 วันที่ผ่านมา +127

    I am not them and I am 27
    I have around
    4 L in stocks
    1 L in Index fund MF
    70K in NPS
    3 L in PPF
    1 L in FD
    1 L in Saving Account

    • @prggamingofficial1700
      @prggamingofficial1700 10 วันที่ผ่านมา +8

      Don't you think that,this should be here?
      Think more you 27 yrs old

    • @sibasankarbadatya7936
      @sibasankarbadatya7936 10 วันที่ผ่านมา +2

      @@prggamingofficial1700 didn't get your question.

    • @me23xfhg
      @me23xfhg 10 วันที่ผ่านมา +12

      he is talking about gen Z who always copies west trying to impress everyone but spouse.

    • @USBEN.
      @USBEN. 10 วันที่ผ่านมา +18

      Why reveal holdings? Targeting risk.

    • @samgarg5228
      @samgarg5228 10 วันที่ผ่านมา +17

      I guess we should not share this info online. M I wrong?.

  • @greeshmganesh628
    @greeshmganesh628 10 วันที่ผ่านมา +111

    Which is why I don't buy OTT subscriptions. Pirate everything guys.

    • @Poeticnight191
      @Poeticnight191 10 วันที่ผ่านมา +9

      🤣😂🤣😂

    • @kshitizsingh3954
      @kshitizsingh3954 10 วันที่ผ่านมา +1

      😂

    • @anshul2675
      @anshul2675 10 วันที่ผ่านมา +9

      I am watching this on modded youtube which doesn't show me add and also have background play

    • @kkviks
      @kkviks 10 วันที่ผ่านมา

      lol

    • @armankhan487
      @armankhan487 9 วันที่ผ่านมา

      Link?

  • @snowymuffin
    @snowymuffin 9 วันที่ผ่านมา +8

    The editing of this video is incredibly satisfying to watch and appears professionally done! ✨

    • @Zero1byZerodha
      @Zero1byZerodha  9 วันที่ผ่านมา +1

      Kudos to the team 👏

  • @chandrasekharravenur8047
    @chandrasekharravenur8047 10 วันที่ผ่านมา +52

    ☠️ Don't trust his words , he is tricking you to save money from over spending
    Thanks & Regards
    All e-commerce,fast delivery apps

  • @faihan988
    @faihan988 9 วันที่ผ่านมา +84

    0:12 wow! A grand total of twelve people. Such a large pool of people to reliably conclude gen Z is poor.

    • @shomubhattacharjee5660
      @shomubhattacharjee5660 9 วันที่ผ่านมา +20

      Make it 1200, the result won't change. Every single statistical data is indicating the same

    • @lifedose1000
      @lifedose1000 9 วันที่ผ่านมา +2

      I wonder why everyone is interested in genZ tho

    • @shubhamgarg09
      @shubhamgarg09 9 วันที่ผ่านมา

      Because they are the latest generation to join workforce​@@lifedose1000

    • @dashder12
      @dashder12 7 วันที่ผ่านมา +3

      @@lifedose1000 because gen z is the new generation in terms of coming to workforce. aka genz are new adults and their spending habits and social habits will dictate more or less current india's future prospects and how this would impact upcoming generations

    • @4rocraagas3
      @4rocraagas3 5 วันที่ผ่านมา

      ​@@shomubhattacharjee5660 the sample size is really important in getting an accurate result. Trust me, I've studied that stuff all my life

  • @AbhishekSharma-yw8vv
    @AbhishekSharma-yw8vv 10 วันที่ผ่านมา +64

    The sad part is, this video won't get the views and appreciation it deserves, because people don't want to admit to their mistakes especially when it comes to financial decisions.
    This video reminds me of a very famous quote from a movie -
    "We buy things we don't need, to impress people we don't like, with the money we don't have".

    • @AshishChavan2904
      @AshishChavan2904 10 วันที่ผ่านมา

      Movie name please

    • @AbhishekSharma-yw8vv
      @AbhishekSharma-yw8vv 10 วันที่ผ่านมา +3

      @AshishChavan2904 Fight Club (hollywood one) trust me this movie could change the way you live life.

    • @vikashprasad23
      @vikashprasad23 10 วันที่ผ่านมา

      This movie and the Truman show

    • @AbhishekSharma-yw8vv
      @AbhishekSharma-yw8vv 10 วันที่ผ่านมา

      @@vikashprasad23 thanks for suggestion

    • @ramakantabehera5074
      @ramakantabehera5074 10 วันที่ผ่านมา

      ​@@AbhishekSharma-yw8vv 1st rule tod diya😂

  • @biswajitbiswas8873
    @biswajitbiswas8873 10 วันที่ผ่านมา +61

    I am from 1984. Didn't know what to do in life. Spent week with RS 250 in hostel life. Got nokia in 3rd year college. I am a Doctor 🙏.

    • @damndozer
      @damndozer 10 วันที่ผ่านมา +2

      Rich old guy you are

    • @abhijeet3135
      @abhijeet3135 10 วันที่ผ่านมา +2

      You were rich.

    • @anandmishra-wl3ks
      @anandmishra-wl3ks 10 วันที่ผ่านมา

      where are you from?

  • @yasabhishek
    @yasabhishek 10 วันที่ผ่านมา +3

    I just love you guys, your content is amazing. Nothing like it. No BS, No promotion, just straight to the point. LOVE YOU GUYS, KEEP MAKING SUCH VIDEOS :)

  • @Pankaj1205
    @Pankaj1205 10 วันที่ผ่านมา +50

    Thanks god , no AD in this video . 😅

    • @gshrout
      @gshrout 10 วันที่ผ่านมา +1

      I don't know. Mine is premium.

    • @mwase7782
      @mwase7782 10 วันที่ผ่านมา

      ​@gshrout nobody asked you man 😊

    • @ashishIMpro
      @ashishIMpro 10 วันที่ผ่านมา +1

      Thank my ad blocker. No ad anywhere on phone. Lol

  • @rounakUWU
    @rounakUWU 10 วันที่ผ่านมา +3

    Personal Finance & Financial discipline should be a mandatory subject in today's education system🙏thank you for such valuable content

  • @08pkz
    @08pkz 9 วันที่ผ่านมา +2

    One of the best edited video, loved each part of it. May the upcoming generation learn from these mistakes and make better choices going ahead! Thank YOu for leading a change! 💯

  • @anantharao5237
    @anantharao5237 8 วันที่ผ่านมา +2

    Extremely well articulated video. Saving is easy when there are less opportunities to spend!!

  • @poojabennabhaktula4883
    @poojabennabhaktula4883 10 วันที่ผ่านมา +58

    Zero1 trying to educate me more than my Btech Degree ever did. Kudos!

  • @arjunrebel4946
    @arjunrebel4946 10 วันที่ผ่านมา +3

    Kudos for showing the dark reality of High-Fi life of this Generation.
    This is happening with almost 90% of the youth across the world.

  • @Mr.NadeemKhan
    @Mr.NadeemKhan 10 วันที่ผ่านมา +3

    Much Appreciated - Awesome content. this is the video that needs to be displayed at billboard 👍🏻

  • @yogesharora8421
    @yogesharora8421 10 วันที่ผ่านมา +5

    Thank you for this video! Appreciate your efforts to save our generation. Please keep this series continued, love it.

  • @basimarahman
    @basimarahman 8 วันที่ผ่านมา +2

    I Hope to reach this video in GenZ algo. and this was very much alarming, eye opening educative, informative also the boom of fintech can also be studied. very well presented

  • @GamerAshish14
    @GamerAshish14 10 วันที่ผ่านมา +4

    I dont use any social media except youtube (use with premium) . not aware of any trends and have no peer pressure. I save almost 90 percent of my income. just leave social media, you won't miss much after some time.

  • @ashishsarpe6805
    @ashishsarpe6805 9 วันที่ผ่านมา +1

    I don't know how to thank you for such honest and awesome content . It's need of the hour!

  • @TheGuhan1804
    @TheGuhan1804 8 วันที่ผ่านมา +2

    Nice touch to go ad-free on this video if that was intentional :-P
    Also the bgm crescendo at the end!
    Appreciate the efforts behind :)

  • @SAGAR1BHANDARI481
    @SAGAR1BHANDARI481 6 วันที่ผ่านมา

    salute to your presentation,

  • @pritesh-og
    @pritesh-og 10 วันที่ผ่านมา +1

    Oh maaan, the first 40 seconds absolutely hooked me into watchign this entire video - too good!!

  • @binayakcreations
    @binayakcreations 10 วันที่ผ่านมา

    Totally agree! Social media, easy credit, and rising living costs make it hard to save or get ahead. Financial education is key for us to break the cycle.

  • @SaadGolandaz
    @SaadGolandaz 20 ชั่วโมงที่ผ่านมา +1

    Syia earning 75k pm at age of 26 is good. Meanwhile here I’m stuck at 25k pm at age of 26.
    Not sure what the heck am I doing wrong

  • @glenrodrigues6629
    @glenrodrigues6629 10 วันที่ผ่านมา +3

    Start using ad blockers. Saves lives.

  • @divvidgamer2832
    @divvidgamer2832 9 วันที่ผ่านมา

    Best channel i came across in 2024 so far.
    Really the content helped a lot & guided in taking the next step more clearly.
    Thanks to the team for making such useful content.

  • @JohnnySimp
    @JohnnySimp 2 วันที่ผ่านมา

    Thank god to my common sense that i quit social media (except TH-cam). These companies doesn’t have any ways convince me to buy something unless
    “They make me an offer I can’t refuse”.😂

  • @ashraf_isb
    @ashraf_isb 10 วันที่ผ่านมา +1

    the background music was so cool, thanks for the information btw

  • @Chets
    @Chets 10 วันที่ผ่านมา +22

    Superb, I see u as a finance influencer but I see you using iPhone and watch ultra, I feel like buying for my self as well.

    • @LokendraSingh-ug3xq
      @LokendraSingh-ug3xq 10 วันที่ผ่านมา +4

      Lmao

    • @yogesharora8421
      @yogesharora8421 10 วันที่ผ่านมา +5

      Sure, if you are earning as good as him at this point of time, the whole point is this + somewhat rationale decisions for buying.

    • @adityantamarapu6239
      @adityantamarapu6239 10 วันที่ผ่านมา +3

      Buy it without credit 😂

  • @AshishKumarSahu.
    @AshishKumarSahu. 10 วันที่ผ่านมา +5

    This is why I love your videos.

  • @rohan4600
    @rohan4600 10 วันที่ผ่านมา +1

    I saw my father saving money and investing it. Thank you bapu😁

  • @rubyciide5542
    @rubyciide5542 10 วันที่ผ่านมา +22

    Im earning 2x less than my dad with 2x more graduations than him, he is foing agriculture in a village 💀💀💀

    • @dsbond3759
      @dsbond3759 10 วันที่ผ่านมา +1

      How much you earn

    • @albertnewtonify
      @albertnewtonify 7 วันที่ผ่านมา

      What is "foing"?

  • @Gaumukh
    @Gaumukh 10 วันที่ผ่านมา +11

    I heard stories from my dadi ma how she restarted her life after India’s partition. At that time, she started her life all over with 8 kids.
    What I learned
    1. You don’t need as much is advertise on media
    2. All you need to cover body : few clothes.
    3. Do not need to shop every year for objects and clothes
    4. Save money
    5. Live with in your chadar
    6. Grass is always greener on the other side, so do what you have to do for your life
    7. My dadi Ma’s favorite line, kisi da karza nayi dena asi”

    • @SKEngineer995
      @SKEngineer995 10 วันที่ผ่านมา +2

      So true 😮
      Naa kisi to lena, naa kisi daa dena.
      Khaane ko roti, pehn de liye kapde, rehne de lyi mkaan.

    • @Gaumukh
      @Gaumukh 10 วันที่ผ่านมา

      @ yes! Do you remember that show where this guy was given an opportunity to get any land he wanted on one condition , he had to cover the ground by foot at sunrise and come back to the same starting point by sunset.
      He covers so much land by midafternoon, but he gets greedy and keeps running to get more and more. By the time he turns around and starts to make it back, his body just gives up and he dies.
      Then the show ends with the following , all he needed was “ do bheega zameen “

  • @praneetpawar4784
    @praneetpawar4784 10 วันที่ผ่านมา +4

    Damn, the thumbnail was really good !! Made me click it and hooked on for the whole video.

    • @sonam_19
      @sonam_19 7 วันที่ผ่านมา

      Same here!

  • @kavitaiyer9971
    @kavitaiyer9971 10 วันที่ผ่านมา +1

    We also pay more taxes than our parents and we are taxed on several instances of purchasing so....

  • @at_the_rate
    @at_the_rate 10 วันที่ผ่านมา +38

    Can we get the link to the wallpaper used in the monitor.😅

    • @paggi93
      @paggi93 10 วันที่ผ่านมา

      I wanted it too!

    • @yogeshjani2714
      @yogeshjani2714 10 วันที่ผ่านมา

      Exactly my thoughts

    • @randomstranger7989
      @randomstranger7989 10 วันที่ผ่านมา +3

      Bus yahi bolna hai prateek ji ka, zyada dekha dekhi pe mat jao. Wallpaper toh theek hai, isse zyada nahi 😂

    • @anveshverma4116
      @anveshverma4116 10 วันที่ผ่านมา

      I literally wrote the same lol

    • @sanjay.k4482
      @sanjay.k4482 9 วันที่ผ่านมา

      Take a screenshot and search in google lens. Done

  • @born2vin21
    @born2vin21 3 วันที่ผ่านมา

    Kudos for this video! Summary in 10:23 is all it makes it

  • @dhruvhsachdev
    @dhruvhsachdev 10 วันที่ผ่านมา +1

    I think everything adds up, they target us with tempting advertisement, then we have credit card which incentivise us to spend through milestone benefits.

  • @kushagrahans94
    @kushagrahans94 วันที่ผ่านมา

    Very useful economic analysis backed by rigorous data.

  • @rushikeshganne
    @rushikeshganne 10 วันที่ผ่านมา

    Very well said Sir. Adding to inflation, taxes (both direct and indirect) are heavily imposed on us which is taking away our future power of buying.

  • @geek_for_life
    @geek_for_life 10 วันที่ผ่านมา +1

    Thanks 🙏🏻 ZeroOne Team for Awareness 🔥 Videos like these for Gen Z!!

  • @Toomuch_xan
    @Toomuch_xan 10 วันที่ผ่านมา +1

    Thanks for the enlightenment! 😊

  • @sunilkumarkatta9062
    @sunilkumarkatta9062 10 วันที่ผ่านมา

    Thank you ❤

  • @ankitmehta1379
    @ankitmehta1379 4 วันที่ผ่านมา

    There are also scams happening on BNPL platforms, also a reason why transactions growing, Stay safe guys ✌🏻

  • @ladhkay
    @ladhkay 6 วันที่ผ่านมา +1

    No. Her story is not my story. I hate clutter so hate buying anything unnecessary, just makes my apartment look smaller
    Show me all the ads in the world and I still wont buy it

  • @abhilashkumarpanda7064
    @abhilashkumarpanda7064 10 วันที่ผ่านมา

    Now that's what I call real content.Great one.

  • @stevenclive8910
    @stevenclive8910 28 นาทีที่ผ่านมา

    I'm 28 now, but since I spend wisely I have a backup saving for about 2 years.... Though I'll admit it might be coz of salary discrepancy now a days.

  • @sumanmaiti9097
    @sumanmaiti9097 5 วันที่ผ่านมา +2

    "This video is amazing, but it would be even more helpful if you could create one explaining how to figure out what we can truly afford mathematically, especially based on current salaries and expenses. A step-by-step strategy for managing finances during a quarter-life crisis-budgeting, saving, and prioritizing-would be a game-changer for so many of us. If you think this would help you too, please like this comment so the creator can prioritize it and make it happen faster!"

    • @ullaslr7961
      @ullaslr7961 2 วันที่ผ่านมา

      Hello ChatGPT.. 😅

  • @ritakalpachakraborty4815
    @ritakalpachakraborty4815 10 วันที่ผ่านมา +1

    Great content!

  • @aayushmaurya2223
    @aayushmaurya2223 10 วันที่ผ่านมา +3

    25 year old self employed, don't have a credit card (neither I will ever have one). Never took money on credit. Waited 1.5 years to buy myself a phone worth 150k without emi or sacrificing on savings and my longterm portfolio investments, waited and budget another 4 months before buying high end ear buds and watch.
    Living life the "old" way, life style inflation (luxury spend) only after asset inflation (portfolio investments).

    • @sachinkumar.singh187
      @sachinkumar.singh187 10 วันที่ผ่านมา +2

      I'll not call it prudent either because if it takes 1.5 yrs of savings for just a phone..it simply means you didn't effort it.

    • @nayan.j
      @nayan.j 10 วันที่ผ่านมา +1

      Credit cards are good. Use it wisely.

    • @aayushmaurya2223
      @aayushmaurya2223 10 วันที่ผ่านมา +1

      @@nayan.j Completely agreed. But it is way too convenient to fall down the pit of pay later. So I avoid it.

    • @aayushmaurya2223
      @aayushmaurya2223 10 วันที่ผ่านมา

      @@sachinkumar.singh187 And before you ask how (or maybe someone else does): SIP into ETFs (for portfolio) and buying bonds and liquidbees with the leftover money for any luxury that I want in the future which accumulates interest until I actually withdraw and buy that liability with full payment.

    • @aayushmaurya2223
      @aayushmaurya2223 10 วันที่ผ่านมา

      @@sachinkumar.singh187 No I did not spend all of savings on the phone. I invest for my longterm portfolio, keep aside my emergency fund and then the leftover I save (in bonds or liquidbees) until I actually go ahead and buy any luxury that I want.

  • @shubhamagarwal8981
    @shubhamagarwal8981 10 วันที่ผ่านมา

    Extremely insightful and relatable, can we have the link to studies and research papers mentioned

  • @cyclonous6240
    @cyclonous6240 10 วันที่ผ่านมา +14

    Older generation had money in their hand so whenever they tried to pay anything, They knew something physical (actual cash) going out of their hand in order to get something. This logic made them spend on only necessary things and prevented them from overspending. It wasn't like they didn't have spare money. They definately did.
    Today we just pay for the stuff in a single click and on EMIs so we don't "feel" money going out of our pocket as every money is in the bank account. For us, it is just a number increasing and decreasing at the end of the month. For the older generation it was actual money they used to feel.
    Even I think twice before spending money by cash than UPI or credit cards.

    • @Zero1byZerodha
      @Zero1byZerodha  10 วันที่ผ่านมา +6

      True! Back then, giving cash felt real-you’d actually feel the money leaving. With UPI and credit cards, it’s just a tap, and the pain only hits later when you check your balance.

  • @sha.shankz
    @sha.shankz 10 วันที่ผ่านมา +2

    man I tell you, I went to sketchers yesterday n the employees all had latest iPhones n Apple Watches, krazy stuff i phone used to be a luxury but now

  • @하루3096
    @하루3096 7 วันที่ผ่านมา

    I love these videos ❤

  • @gadgettrendsarkar2050
    @gadgettrendsarkar2050 10 วันที่ผ่านมา +2

    8:55 I loved this part so bad!!

  • @CubeTitles
    @CubeTitles 10 วันที่ผ่านมา

    Good work ❤
    Keep Enlightening everyone ❤

  • @deltaforce29
    @deltaforce29 10 วันที่ผ่านมา

    Aboslutely Brilliant Stuff and Examples....every GenZ kid should watch this video.

  • @lyrixm.8907
    @lyrixm.8907 10 วันที่ผ่านมา

    Please never stop uploading these kinds of amazing and informative videos!❤🔥🔥

  • @champ_champ
    @champ_champ 10 วันที่ผ่านมา

    Man that was so insightful, although we all know what is right or wrong

  • @mohitmittal6776
    @mohitmittal6776 10 วันที่ผ่านมา

    Love this series !!

  • @Autolayout
    @Autolayout 10 วันที่ผ่านมา

    Those animations are amazing. I loved the style. Give your animator a kudos from me. 🎉

  • @KrishnarajSooji
    @KrishnarajSooji 10 วันที่ผ่านมา

    Sir, keep creating such informative and education videos. I watch your videos and truly appreciate your efforts and effective ways to impart the knowledge on audience. Kudos!

  • @Moon-tj8kp
    @Moon-tj8kp 5 วันที่ผ่านมา +1

    Genz are not overspending or poor, it is because of the government

    • @jeeiee_com
      @jeeiee_com วันที่ผ่านมา +1

      🤣🤣🤣🤣

  • @radha_the_Artist
    @radha_the_Artist วันที่ผ่านมา

    i'm a 1990 kid
    didn't have much access to internet during college time!
    used to spend 1500 in a month in hostel time! am a doctor now and persuing master's degree! but i also have that sexier chart of ott and online shopping

  • @balsara675
    @balsara675 2 วันที่ผ่านมา

    Dint like the tee. Very colourful

  • @sssurajcr7
    @sssurajcr7 10 วันที่ผ่านมา

    Very well explained 👏🏻

  • @vijayabv
    @vijayabv 10 วันที่ผ่านมา +1

    Delayed Gratification is the secret of financial freedom.
    I Love The Marshmallow Experiment .

  • @pratikdugam5612
    @pratikdugam5612 9 วันที่ผ่านมา

    Guilty of all of these mistakes and more. Anyways it's a very paowefull message. Thanks for coming out with such great content

  • @ToonXTech
    @ToonXTech 10 วันที่ผ่านมา +1

    Seriously even after i well planned with my budget there is still getting big holes for unnecessary spends (I can't able to escape from that trap and consumption)
    currently my budget is
    save: 40% (MF+ physical gold)
    Needs:30%
    wants: 30%
    Some times my needs going to 45-50% (God damn infaction on food and unnecessary needs (maybe wants))
    Hope time decides whats going to happens with my gen z life😂...

  • @HaemantIsher
    @HaemantIsher 9 วันที่ผ่านมา

    amazing video graphics!!

  • @harshitagupta9804
    @harshitagupta9804 10 วันที่ผ่านมา +2

    I think people need to understand that instagram and scrollable media is not really bringing any value to our lives and we are just wasting a significant amount of our time which we don't have in abundance. I'm 23 now and i don't believe that 2025 is coming soon and i used to write 2013 as a date on my homework. Those days were so good without phones

  • @apoorvamishra7456
    @apoorvamishra7456 10 วันที่ผ่านมา

    Explained wonderfully, recommend making a financial goal planning video, keeping in mind GenZ needs & desires.

  • @entername3840
    @entername3840 10 วันที่ผ่านมา +11

    The issue with companies are if the people buy overpriced products in EMI the companies will increase the cost down the line because people are purchasing overpriced products... Now if the people doesnt purchase overpriced products and the sales are low then the companies will rethink their pricing strategy. It's just that gen z just goes into debt and is just making things expensive.. 😢

    • @Sahil-g7h-w2y
      @Sahil-g7h-w2y 10 วันที่ผ่านมา

      Wow, so we all Gen-Z are responsible for whole crime, war, inflation, price hike, and all such?
      Sir you dropped this 👑
      Stop blaming us and stop licking arses of crony capitalist.

  • @HEY-DJ
    @HEY-DJ 8 วันที่ผ่านมา +1

    My suggestion to the younger gen: One' life baby spend and enjoy now because you won't get this golden time at your 50's..

  • @SANTHOSHANANDAN-z4o
    @SANTHOSHANANDAN-z4o 10 วันที่ผ่านมา +1

    Excellent stuff... Continue contents like these

  • @anonmuyous
    @anonmuyous 9 วันที่ผ่านมา

    earning "more" doesn't mean anything when money itself is loosing value everyday.

  • @Username5606-y4g
    @Username5606-y4g 10 วันที่ผ่านมา +2

    Cool t-shirt man ❤, where can i buy it ?😂

  • @jayadevtn1987
    @jayadevtn1987 10 วันที่ผ่านมา

    Thanks for another great content team ..

  • @moudipas8025
    @moudipas8025 9 วันที่ผ่านมา

    The basket of goods also had 🤫 aka kasuri methi...😁😁😁

  • @CSESujeet.p
    @CSESujeet.p 6 วันที่ผ่านมา

    Sir can you tell about the funds of fund and mutual funds difference and which one is best and which gives high return and risk factors. which one is best for sip

  • @sudeepkolavi3391
    @sudeepkolavi3391 8 วันที่ผ่านมา

    Never hesitate to tell the hard truths. I really appreciate zero1. Thank you every one for priceless and life-saving content. One more thing in need to mention Pratheek sir has transformed too well in his fitness💪👏.

    • @Zero1byZerodha
      @Zero1byZerodha  8 วันที่ผ่านมา

      Yes he did lose 6 kgs, another 2 to go! Thank you for the love ❤️

  • @somaskhan
    @somaskhan 4 ชั่วโมงที่ผ่านมา

    Plz add education loan also into it. Nowa days 10lac education loan is so normal...and this goes to 20 30 50 lac as well...

  • @satvikkhare1844
    @satvikkhare1844 10 วันที่ผ่านมา

    11 lacs is a lot of money. And the scary part is it is consumption and not some investment. No body in their right minds should spend more than 60% of their salary on discretionary spending.

  • @vichitra-yt
    @vichitra-yt 10 วันที่ผ่านมา

    Very insightful video!! Now can I have that cool t-shirt you are wearing?

  • @mohamedsulaimaansheriff9787
    @mohamedsulaimaansheriff9787 7 วันที่ผ่านมา +1

    And poor part is noone considering a small charity from their incomes🙃

  • @venbas2
    @venbas2 9 วันที่ผ่านมา

    My college going kid has spent 10K in a month on Google playstore itself whilst claiming its for project work!!! Cut off the pocket money... but to think of the distractions the Gen Z has is truly mind boggling 😢

  • @inderjanakarajan9389
    @inderjanakarajan9389 10 วันที่ผ่านมา

    Need more detailed video regarding this. Maybe a series!

  • @vedant6603
    @vedant6603 10 วันที่ผ่านมา +4

    Most of them are probably earning for themselves not like us who are 23 and giving all our money at home.
    These statistics is not correct i am from genz too so many of my office mates who are around same age and fully contributing so we don't even buy neceesary things sometimes.

  • @pokerboy72
    @pokerboy72 10 วันที่ผ่านมา +2

    It is not entirely the mistake of the generation. I remember in the '90s my father was just a day-to-day wage worker. He could have a house. Have two kids feed three mouths at house thereafter sent me to a CBSE school. And today the inflation is so much getting a proper housing or even meeting the smallest of luxuries. Your salary is nothing considering this expenditure.

    • @AjayVenkateshS.R-ei1rj
      @AjayVenkateshS.R-ei1rj 10 วันที่ผ่านมา

      Actual and harsh truth

    • @AjayVenkateshS.R-ei1rj
      @AjayVenkateshS.R-ei1rj 10 วันที่ผ่านมา

      Real truth revealed

    • @AjayVenkateshS.R-ei1rj
      @AjayVenkateshS.R-ei1rj 10 วันที่ผ่านมา +1

      The prices have gone up, indicating private sector companies greed for money that like you said, even basic things are expensive 😮

  • @jitensah
    @jitensah 10 วันที่ผ่านมา

    Excellent content Prateek and full Zero1 team! Kudos!
    There is one solution to stay a bit away from advs - but it costs - pay for ad free subscriptions, where possible 😂

  • @rajarshighosh8813
    @rajarshighosh8813 9 วันที่ผ่านมา

    Indian knows & understands money after 35 years of age. That's the point when you start creating the actual wealth.

  • @avishekm1985
    @avishekm1985 10 วันที่ผ่านมา +10

    I have been using credit card for last 15 years but till now my bank was not able to charge me a single rupee till date. In addition I got cashbacks, offers etc. We should always know how much we can leverage. Budgeting is very important in one's life. If I want to make a big ticket purchase, I always brood over it for a month. If I still think, then I buy it. And segmental inflation is much much more higher than even 12%. And with rupee depriciating, inflation will bite us like never before. Before I bought my Google Pixel 7 a few years back I thought over it for more than a month, deciding whether I can afford it.

    • @shadesofsayan
      @shadesofsayan 10 วันที่ผ่านมา +4

      Criticising Credit Cards is a popular trend, because People can't critcise their indiscipline and forgetfulness. Here's what everyone needs to know: If you are paying in cash upfront, then you are paying more!

    • @avishekm1985
      @avishekm1985 10 วันที่ผ่านมา

      @@shadesofsayan exactly

    • @saurabhthakur100
      @saurabhthakur100 10 วันที่ผ่านมา

      If you use a credit card, you end up buying things you don't need. Because of offers, to get points, to get lounge access, and so on. No one can escape the credit card trap!

    • @shadesofsayan
      @shadesofsayan 10 วันที่ผ่านมา +1

      @@saurabhthakur100 There comes the indiscipline part, it has nothing to do with Credit Cards as a rational financial instrument.

  • @arthurRaoult
    @arthurRaoult 4 วันที่ผ่านมา

    But isn't the sample size a bit smaller

  • @DineshGaikwad
    @DineshGaikwad 8 วันที่ผ่านมา

    I was also heading in this lifestyle inflation and reailsed that this wil be difficult to sustain when I will have kids and then to take care of their needs and future planning, I start planning the thigns from the smallest to the larger ones and seems that the path has been set.
    If there is no efforts in getting somethign, I just ignore it, it is that simple, because little efforts purchases will add up to larget amounts at the end of the year..