Managing Money as a Student | TFSA | ETFs | Saving and Investing Money in Canada

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  • เผยแพร่เมื่อ 21 พ.ย. 2024

ความคิดเห็น • 515

  • @GursahibSinghCanada
    @GursahibSinghCanada  2 ปีที่แล้ว +103

    Ideally, emergency fund needs to be of 12 months. Also, Do your own research before making any financial decision.

    • @lohitt4687
      @lohitt4687 2 ปีที่แล้ว +1

      Can you give some information about UG studies in Canada as a international

    • @jesschee3329
      @jesschee3329 2 ปีที่แล้ว +1

      Please make the investment details video ASAP please

    • @virasat_rohilla
      @virasat_rohilla 2 ปีที่แล้ว +1

      Congratulations for 100k brother

    • @the_real_man55
      @the_real_man55 2 ปีที่แล้ว +1

      Bro , looks like you watch minority mindset channel. Follow jaspreet singh

    • @GursahibSinghCanada
      @GursahibSinghCanada  2 ปีที่แล้ว +3

      @@the_real_man55 Yes...!! Learnt a lot from him.

  • @AbhishekSharma-my6uo
    @AbhishekSharma-my6uo 2 ปีที่แล้ว +95

    “Rich people buy assets , poor buy liabilities which they thought are asset.” My fav phrase from this book!!

    • @bloodseaker8567
      @bloodseaker8567 2 ปีที่แล้ว +3

      one more rich people take loans to invest

    • @kameshparmar1343
      @kameshparmar1343 ปีที่แล้ว

      From where I can open my TFSA account? From my bank or any other place plz reply???

    • @saver13gaming
      @saver13gaming ปีที่แล้ว

      from wealthsimple app
      @@kameshparmar1343

  • @Handasworld
    @Handasworld 2 ปีที่แล้ว +44

    This Guy is superb man...encyclopedia of savings...so mature for his age....God Bless you Always..

    • @kameshparmar1343
      @kameshparmar1343 ปีที่แล้ว

      From where I can open my TFSA account? From my bank or any other place plz reply???

  • @ronakwalia2249
    @ronakwalia2249 2 ปีที่แล้ว +4

    Dear son aap itna briefly guide kartey ho just like a mother ki meray bachoo ko har baat achi say samj aa jayea; always blessed my son🙏🙏

  • @MukeshGupta259
    @MukeshGupta259 2 ปีที่แล้ว +22

    Note: This is applicable in India as well.

  • @tej_dhami
    @tej_dhami 2 ปีที่แล้ว +16

    Hi, great job on the video. Just wanted to correct one thing: In Canada capital gains are taxes on 50% of the gains. Hence, tax wouldn't be $30 on $100 profit, but rather $15 on $100 profit (30% of 50% of $100 = 0.3*0.5*100)

  • @veramonique1724
    @veramonique1724 2 ปีที่แล้ว +118

    Starting early is the best way of getting ahead to build wealth, investing remains a priority. Even in a downtrend, the stock market/crypto market has plenty of opportunities to earn a decent payout, with the right skills and proper understanding of how the market works.

    • @danieljamal3709
      @danieljamal3709 2 ปีที่แล้ว

      Courage taught me: that no matter how bad a crisis gets, any sound investment will eventually pay off

    • @devdaniel3225
      @devdaniel3225 2 ปีที่แล้ว

      Hey! Please who is this advisor of yours? I guess success really means total knowledge . Can I have easy access to reach out?

    • @devdaniel3225
      @devdaniel3225 2 ปีที่แล้ว +2

      @Manuel Andrea Access to good information is what we investors need to progress financially and generally in life. here's a good one and I am grateful. Found her website and it was really impressive

    • @georgecooper8750
      @georgecooper8750 2 ปีที่แล้ว +1

      Mrs. *PRISCILLA DIANE AIVAZIAN* really knows her way around trading, it's evident from her deep knowledge of how the market works, and reading signals to perfection, I feel very safe trading with her.

    • @kameshparmar1343
      @kameshparmar1343 ปีที่แล้ว

      From where I can open my TFSA account? From my bank or any other place plz reply???

  • @tishachauhan8603
    @tishachauhan8603 2 ปีที่แล้ว +30

    Please make more videos on investment and all...that would be really helpful 👍...and thanks for this video🙏

    • @GursahibSinghCanada
      @GursahibSinghCanada  2 ปีที่แล้ว +3

      Sure…I will…!!

    • @abuzar_0.9
      @abuzar_0.9 2 ปีที่แล้ว

      @@GursahibSinghCanada bhai Alberta pnp pr bhi bana do plzz

    • @DAVECRESTMEDIA
      @DAVECRESTMEDIA ปีที่แล้ว

      @@GursahibSinghCanada please I didn’t understand Indian😪

  • @GurpreetSingh-rn3kg
    @GurpreetSingh-rn3kg 2 ปีที่แล้ว +1

    My dear brother no one is competent like him👍👍

  • @princedhuria5636
    @princedhuria5636 2 ปีที่แล้ว +5

    Thats what content is all about super duper informative video ✌🏻👍🏼

  • @devikab2181
    @devikab2181 2 ปีที่แล้ว +5

    Very useful & a no-nonsense content. 👌🏼👌🏼

  • @akshat20021996
    @akshat20021996 2 ปีที่แล้ว +1

    I'm not gonna lie... You are the 1st Punjabi guy jisse Maine personal finance Ke bare me acchi baate Suni Hai.... Idhar GTA me mere Saath ex classmates (mostly Punjabis) bas life enjoy Karne ki hi Baat karte Hai.... Latest iPhone, Mercedes E class, expensive clothes, perfumes... You name it....
    Rent bhane Ke paise nai hote Lekin ye Sab shauk Hai...
    BTW loved your video.... I'm doing almost all the things that you mentioned....
    Maxing out RRSP, maxing out TFSA....
    Mera emergency fund ka strategy thoda different Hai....
    I try to keep 3 months of net salary/ 6 months of absolute expenses in low interest rate savings account (Scotia momentum plus) that way I'm earning little interest (1.75 right now) on that too....
    Also I try to maintain 10k balance just for my own peace of mind.

  • @aadityakulkarni9494
    @aadityakulkarni9494 2 ปีที่แล้ว

    Youre one of my favourites bro , genuine and selfless

  • @johnnie0986
    @johnnie0986 2 ปีที่แล้ว +2

    Absolutely amazing and informative video.. Thanks for sharing your ideas and experience

  • @dataneeds2266
    @dataneeds2266 2 ปีที่แล้ว +1

    Most underrated channel.. nice brother

  • @vivektarsariya917
    @vivektarsariya917 2 ปีที่แล้ว +1

    Beautifully explained!!
    Please make a video on monthly expenses .

  • @SandeepKaur-ny9zm
    @SandeepKaur-ny9zm ปีที่แล้ว +3

    IMPORTANT INFO REGARDING TFSA: Don't calculate your contribution room from when you turn 18 years old if it was before the year you come to Canada.
    for example: if someone turned 18 in 2009, total contribution room in 2023 will be $88,000. This is what any online TFSA contribution calculator would show.
    But If someone come to Canada in 2020, then the contribution room is $24,500 even. It starts from the year you come to Canada not from the year someone turned 18.
    Always check your CRA account to see your total TFSA contribution limit.

  • @sagargoswami5874
    @sagargoswami5874 2 ปีที่แล้ว

    Sir ji 1 details video banado
    Kese hume khudse pata chalain ki konse sources ko follow karke dividend/ high profit share buy karain!!

  • @khalilhassni3663
    @khalilhassni3663 2 ปีที่แล้ว

    These are beautiful business stories, we have been tired now.

  • @sinanbeary2396
    @sinanbeary2396 2 ปีที่แล้ว

    Aakhein khol di Gursahib ji aapne. Thank you so much for such informative videos. Arriving in Canada very soon.

  • @Shwexgram
    @Shwexgram 2 ปีที่แล้ว +1

    You are amazing! Thank you for all the great advices & suggestions! 🙏

  • @nareshyatri1558
    @nareshyatri1558 2 ปีที่แล้ว +1

    Paji ; You make a 100% organic helpful videos . Keep it up God bless you

  • @gamersant7466
    @gamersant7466 2 ปีที่แล้ว +3

    I don't know how but I had started growing wise in terms of investment and future planning. I started investing a month bake and able to invest $400 till now and learning to invest and growing portfolio. I am hoping someday after finishing my course I will be having atleast some investments done. 😊

  • @ashikpatel6351
    @ashikpatel6351 2 ปีที่แล้ว

    Seems like all the tips are coming from the book, total money make over. It's a good book

  • @tasleemhayat8782
    @tasleemhayat8782 10 หลายเดือนก่อน

    Thanks so much Bruh..
    I've lost my job in Australia and I've just 4 to 10 he/week to work.. And still I was wasting money everywhere. But now I understand. And I'll go on right way😢..
    Please pray for me to get my job hours🥺

  • @vijayn9432
    @vijayn9432 2 ปีที่แล้ว

    Hi bro, this is Vijay, In recent days I'm watching lots of TH-cam Videos, in fact, next month I'm travelling to Canada, honest with you, I watched your couple of Videos, it's mesmerizing and so much informative. You have gained my respect and I am motivated so much after your Video. Oh God. Thank you brother for doing this. Keep rocking ✌️

  • @raman2889
    @raman2889 2 ปีที่แล้ว +1

    Yes paaji investment te vi vid zroor bnayo..that would be very useful!

  • @AryanSingh-rp7zc
    @AryanSingh-rp7zc 2 ปีที่แล้ว

    Bhai I have few questions?
    1st. How to open tfsa account should I have to visit Scotia bank or what ?
    2nd. How to expenses of TH-cam income like mic and all ? Do we have to hire an accountant ?
    3. Please Make a video on how to invest? Which platform like wealthsimple or any other ? And give a brief and detailed information about stocks, crypto, Amazon, affiliate etc.. Though it’s really informative!

  • @SaleemBhaidani
    @SaleemBhaidani 2 ปีที่แล้ว

    Sir Your Style of making video is very relevant & also strait forward. Thanks & Best of Luck.

  • @BuNtYYYY
    @BuNtYYYY 2 ปีที่แล้ว

    Very informative bro 👍 ese aur unique content videos banaane raho

  • @aashishkaura5173
    @aashishkaura5173 2 ปีที่แล้ว

    Congratulations for 1 lakh subscribers

  • @getgoingwithshilpi
    @getgoingwithshilpi 2 ปีที่แล้ว

    I suggest you make videos outside as it will show good side if Canada and backdrop will be good . Just asggestion.

  • @madhavvaswani
    @madhavvaswani 2 ปีที่แล้ว

    Thank you for this wonderful video
    I have one request can you make more videos on personal finance and investment thx

  • @harpreetsidhuaustralia
    @harpreetsidhuaustralia 2 ปีที่แล้ว

    Congrats on 100K

  • @shakshisharmasharma7942
    @shakshisharmasharma7942 2 ปีที่แล้ว +1

    Gursahib Bhayia pls PTE k upr video bna do aap🙏

  • @unlisted9976
    @unlisted9976 2 ปีที่แล้ว +1

    Dave Ramsey Kay 7 baby Steps Hain with few updates so information is genuine and great

  • @mastermaxin1548
    @mastermaxin1548 2 ปีที่แล้ว

    100k soon bro. love ur content . bro please 10 mins nikal ke baat kerlo abhi pay nhi ker sakte baaki youtubers ne payment option rakhi hui hai aap hi ho jo mujhe ache lagte toh well anyways if you dont have time its ok. we ll meet soon in canada ❤️❤️💥💥

  • @shakshisharmasharma7942
    @shakshisharmasharma7942 2 ปีที่แล้ว +1

    Gursahib Bhayia pls make a video on PTE

  • @karansingh293
    @karansingh293 2 ปีที่แล้ว +1

    Advanced congratulations 🎉🎉 for 100k get ready for a quistion answers gursahib

  • @MdIbrahim-vl6nl
    @MdIbrahim-vl6nl 2 ปีที่แล้ว +1

    Absolutely amazing and informative like always ☺️

  • @AndhraAchar
    @AndhraAchar ปีที่แล้ว +2

    If we are opening TFSA account should we send money from personal account to TFSA account and should we invest?

  • @SaurabhKaisare
    @SaurabhKaisare ปีที่แล้ว

    Love you bhai! Badhiyaan guide kara aapne

  • @garamgai143
    @garamgai143 2 ปีที่แล้ว

    Thank you Gursahib. Very informative and practical.

  • @ShubhamYadav-ol2xl
    @ShubhamYadav-ol2xl 2 ปีที่แล้ว

    Congratulations sir 😘😘
    Or 100k subscribers ❤️❤️

  • @vinita1joshi252
    @vinita1joshi252 9 หลายเดือนก่อน

    Where we can save our emergency fund and can earn interest too.Also suggwst something that we can show as proof of funds in PR too.

  • @raman2889
    @raman2889 2 ปีที่แล้ว

    Happyyyy 100k paaji!!!!🎊

  • @novelholic9088
    @novelholic9088 2 ปีที่แล้ว +1

    Please make more videos regarding investment and stocks as a student.

  • @ADITYASHARMA-8035
    @ADITYASHARMA-8035 2 ปีที่แล้ว +1

    Idea for new video : How to save himself from exploitation in Canada as an international student ?

  • @sharmaharsh1048
    @sharmaharsh1048 ปีที่แล้ว

    Can you make a video on how to actually use your GIC in an efficient way ....???

  • @sumairasarwar4997
    @sumairasarwar4997 2 ปีที่แล้ว

    Your videos are always very useful mtlb itnay achy say kon smjhata ha bhai....May Allah SWT bless you✨💖
    We're really close to 100k Congrats bhaiyaaa🥳🎉

  • @Evergreenutsav
    @Evergreenutsav 2 ปีที่แล้ว +1

    Hello 👋

  • @omjadhav2930
    @omjadhav2930 2 ปีที่แล้ว

    Paaji please make a video on how to create TFSA account in Canada and how we use it for investments. ❤️

  • @randomtopics9970
    @randomtopics9970 2 ปีที่แล้ว

    Very helpful video sir gg bahut kujh sikhan nu mileyaa . Mai vi aa riha Canada sir gg

  • @user-vs1id5fk7z
    @user-vs1id5fk7z 2 ปีที่แล้ว

    Congratulations for 100k subscribers in advance

  • @munishkumar1262
    @munishkumar1262 2 ปีที่แล้ว

    Thank you so much for knowledge and motivation.

  • @milandeepsingh5699
    @milandeepsingh5699 2 ปีที่แล้ว

    Your Video Is Very Very Informative Veere And I also Enjoy When You Say Iphone 14 pluspluspluspromax🤣🤣🤣🤣 waheguru Lambi Umar Bakshe GBU

  • @kinganubhav
    @kinganubhav ปีที่แล้ว

    Bro you are fab 🙏🏻 Thank you for the knowledge.

  • @jazzgrewal829
    @jazzgrewal829 ปีที่แล้ว

    Great video. U got a new subscriber. Thanks

  • @ibdevil1802
    @ibdevil1802 2 ปีที่แล้ว +1

    very informative video brother 💙 💙

  • @harshdabhi4591
    @harshdabhi4591 2 ปีที่แล้ว

    great video gursahib bhaiya and please make more videos on this topic its really very important and helpful

  • @patelvishal_vd
    @patelvishal_vd 2 ปีที่แล้ว

    You are my rolemodel sir☺️
    I will follow every lines when i will reach there☺️

  • @bushraahmed4076
    @bushraahmed4076 ปีที่แล้ว

    Everything is temporary Gursahib’s 14 pro pro max max remain CONSTANT till now

  • @MegaSahil05
    @MegaSahil05 2 ปีที่แล้ว +1

    Bhai 4000 ka 10% gya EF main
    Uske baad bacha 3600
    Usmain se 15% gya TFSA (540)
    Remaining salary ~ 3600 -540 =3060
    EF = 2400
    TFSA =540
    Net salary = 3060

    • @GursahibSinghCanada
      @GursahibSinghCanada  2 ปีที่แล้ว +1

      15 percent of salary not what remains after taking out EF. Also, these are minimums. You can do 20-25% investment also depending on your situation and expenses.

  • @Chirag_rana07
    @Chirag_rana07 2 ปีที่แล้ว

    Meri videos dekh sakte ho ghar aakr 11:37 😂😂 ye shi tha guru 👍

  • @tamalsaha6252
    @tamalsaha6252 2 ปีที่แล้ว

    Dear Sir , Want to know more about PR and forward process .

  • @kameshparmar1343
    @kameshparmar1343 ปีที่แล้ว +2

    From where I can open my TFSA account? From my bank or any other place plz reply???

  • @kiransharma7848
    @kiransharma7848 2 ปีที่แล้ว

    excellent insights ! A must watch for new comers. Thanks dear. 🙌❣

  • @abuzar_0.9
    @abuzar_0.9 2 ปีที่แล้ว +2

    Alberta pnp pr video banao bhai

  • @kamaldhiman2299
    @kamaldhiman2299 2 ปีที่แล้ว

    Please make a video of Northern College accomodation part time jobs and other facilities

  • @KaranHeer-y4d
    @KaranHeer-y4d ปีที่แล้ว +2

    If i invest in stocks and earn profit is this count in working hours?

  • @himanshi2004
    @himanshi2004 2 ปีที่แล้ว +1

    THIS VIDEO IS EXTREMELY HELPFUL FOR US..THANKS A LOT BUDDY ..I HOPE GOD WILL BLESS U A HEALTHY,HAPPY ND BLESSED LIFE🖤

  • @RanveerSingh-se7gd
    @RanveerSingh-se7gd 2 ปีที่แล้ว

    Love your content brother! Please make a video on investing too. It would mean a lot:)

  • @syedalimustafa797
    @syedalimustafa797 2 ปีที่แล้ว

    Thank you so much. Very valuable Information 💕

  • @murarjidesai3809
    @murarjidesai3809 2 ปีที่แล้ว

    Hello Gursahib Ji, Can you please make videos on
    1 Cheapest Way to travel Canada as a Student (Airlines, Travel Route) Student Offer for excess luggage, when to book tickets and other ways so it could save lot of money
    2 How to target jobs from intial days and how to make network?

  • @ankushkumar6113
    @ankushkumar6113 2 ปีที่แล้ว +1

    Amazing video. Really liked the way of explanation in simple words. 🎉

  • @jaskaran9813
    @jaskaran9813 2 ปีที่แล้ว +1

    Very very informative video...❤️🙏

  • @marvenparmar1271
    @marvenparmar1271 2 ปีที่แล้ว +1

    Just wanted to know
    Whats is the best way to use cash money as a student ?

  • @DannyalSafdar
    @DannyalSafdar 2 ปีที่แล้ว

    Gursahid very smart but I will say that these life tips are not only applicable in canada but anywhere in the world, after all a penny saved is a penny earned

  • @krystendsouza5831
    @krystendsouza5831 2 ปีที่แล้ว

    Congo for ur 100k subscribers brother

  • @MEMENGERS-z7i
    @MEMENGERS-z7i 2 ปีที่แล้ว +1

    Side hustle pe video banao .

  • @irfanahmed9112
    @irfanahmed9112 2 ปีที่แล้ว

    Ap achi information daity ho.v good 👍

  • @chamandeepkaur6979
    @chamandeepkaur6979 2 ปีที่แล้ว

    Wellll done Sahib sir!!!relatble content keep
    It up

  • @1ketangole
    @1ketangole 2 ปีที่แล้ว

    Very good.... Really imperative video 👌👌👌👌👌👌

  • @siddharthanjarlekar62
    @siddharthanjarlekar62 2 ปีที่แล้ว

    For all who are on Work/Study Permit cannot open TFSA account. TFSA A/c can be open only by Permanent resident. (As per TD Bank Financial Advisor)

    • @GursahibSinghCanada
      @GursahibSinghCanada  2 ปีที่แล้ว

      Any individual that is a non-resident of Canada who has a valid SIN and who is 18 years of age or older is also eligible to open a TFSA. ( As per Canadian Govt. website ) Only difference is that, there is 1% tax for non-residents.

  • @harwinderbinda5539
    @harwinderbinda5539 ปีที่แล้ว +2

    can We buy crypto in TFSC AC BRO

  • @irfansadiq8448
    @irfansadiq8448 2 ปีที่แล้ว

    Very Help content as always, Keep it up Bro

  • @gautammehta6810
    @gautammehta6810 2 ปีที่แล้ว

    Love ur videos bro soon ill be in Canada too

  • @unknown2524
    @unknown2524 ปีที่แล้ว +1

    Hello,
    Do you know which is the best platform to invest in TFSA if you are a student?!!

  • @SanjaySingh-ti5ry
    @SanjaySingh-ti5ry 2 ปีที่แล้ว

    I like your humorous and informative videos

  • @Mortalkombat21
    @Mortalkombat21 ปีที่แล้ว

    Nice content paaji ❤

  • @captaindhillon8444
    @captaindhillon8444 2 ปีที่แล้ว +3

    Guesab g if dont mind pls tusi guru nanak ji de murti de jaga change karo kio ke tusi pani pe ke apna jutta glass v table te rak de o

  • @ehsonansari6671
    @ehsonansari6671 2 ปีที่แล้ว

    Informative and good quality video

  • @harjotkaur7872
    @harjotkaur7872 2 ปีที่แล้ว

    Hi gursahib I must say ur video awesome and knowledgeable and i request you please make a video how to invest in stock as a begginers

  • @angelsojan9439
    @angelsojan9439 ปีที่แล้ว

    Plz gv some advice to the new coming international students about what all steps they want to take about account and bank

  • @PositivelyChargedElectron
    @PositivelyChargedElectron 2 ปีที่แล้ว

    Please also explain RRSP in one of your videos.

  • @atlanticjatt7525
    @atlanticjatt7525 2 ปีที่แล้ว

    After pgwp you taught the legit ways to do m✨🙏🙏

  • @sunnysn8215
    @sunnysn8215 2 ปีที่แล้ว

    You doing great work brother God bless you love from 🇵🇰

  • @arjun_dixit
    @arjun_dixit 2 ปีที่แล้ว

    Paaji, very informative video! Thank you.

  • @aarti446
    @aarti446 ปีที่แล้ว

    Thanku sir for sharing knowledge with us. Your videos helps us alot . Respect for u sir🙏

  • @nehamehtasardana99
    @nehamehtasardana99 2 ปีที่แล้ว

    Another informative video. Thanks 🙏🙏👍👍