Get Term Insurance from PolicyBazaar: link.lla.in/term-0411 Detailed Term Insurance Guide: th-cam.com/video/FFWtUThoPqw/w-d-xo.html Get Health Insurance from PolicyBazaar: link.lla.in/health-0411 Detailed Health Insurance Guide: th-cam.com/video/jpAY1f_1A5M/w-d-xo.html Calculate your Emergency Fund: sm.lla.in
In Income tax there is section to claim housing loan interest upto 2 lakhs, and for joint it is 4 lakhs. So why worry about interest or keep the house loan till 30 years. This should have considered as well!
Love u sir. Sir, I can buy a car for 25 lakhs directly in cash. But I still prefer to buy real estate and manage basic cars as the car is still a depreciating asset.
i am following all of them sir, I am 27, bought a car with 50 percent down payment but the EMI is for 5 years and I will pre-close it, bought a Royal Enfield with 100 percent down payment, father built the house and I helped, no loan pending, have enough term, health insurance and emergency fund, can improve the investment in market but as we are businessmen, our overall business investment which includes mutual funds are more than 50 percent, total EMI is not exceeding 36 percent…and using credit limit of less than 10 percent
Ghar lene k liye ye formula try Kiya tha aaj tak ghar nhi le paa rhe aone man ka😂 coz salary jis proportion me badhti h usase kahi zyada ghar ki price badh Jaa rhi , ab to basic necessities se zyada upar sochna bhi mushkil ho gya h Pr mere ek senior ne 1 practical advice di thi , aur mere bahut se friends, family n known ne us formula se man ka ghar kharid liye- agar abhi aap ghar nhi le paa rhe to ek plot le lijiye Jo aaram se budget me aa jaye vo bahut zyada hath pair faila k nhi ( ofcourse saare paper zarur check kre) , aur jab ghar Lena ho kuch saal me to use bech k down payment kr de. Try n trusted tarika h varna ya to man ka ghar nhi le pate h ya loan bharte bharte pareshan ho jate h
@@wrongwithyou-i9i he doesn't have enough self-control so he tends to spend more when he has easy and convenient UPI at his disposal, cash on the other hand does not have that, he also thinks that most people don't the required self-control (may or may not be true) which is also why you are confused.
Emergency fund is good , and other things is wastetage in my opinion , you pay an insurance company for monthly it's like a doing sip , inflation is growing and insurance company is growing.
Very nice calculation. I request to make calculation/video for monthly income below 40 thousand/30 thousand because in India most of the people earn below that only.
Anyone earning < 12L per year should just focus on earning more. Teach your kids, siblings cousins etc to focus on value creation and skill development from early age. Be it business, online influencer, momo vendor, cab fleet owner, govt job, private job focus where you have skills and resources to succeed. Stop chasing JEE, UPSC and NEET mindlessly if you are not passionate enough for those subjects. There are a lot of professions that will make you 12L+ easily get there and then think of applying these rules. Salaried person will have very tough time in next 5-10 years.
There is nothing wrong with these exams , if I would have scored a good rank 10 years ago in jee, today I could have worked for 40 50L+. Coming to your point 12+ is just okay.
@@CorporateRider-lx8lf Absolutely nothing wrong with these exams if you can clear it with good ranks, but too many people waste 2-3 years of the best time of their lives giving these exams. At least don't put all eggs in one basket, have other plans and work on them in parallel.
@@tejasshah6712 from your dp I can say ur age is around 25-30 And from your comment I can say you are broke. Not making fun of you Just saying instead of replying me ,do something to earn money
@@Captain_speke in 2020 I think the same bro And I am not denying for financial planning But what he told in the video is just a trap in which mostly middle class people falls( looking for security, by seeking security u r just minimising ur risk And without risk you can't make anything) GROW UP
One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $30k of my savings in stocks this year, and I hope I make profits.
You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.
Rishabh, Man I am shocked to know that you are just 34 years old Surprisingly I was thinking that you are the same as my age and was thinking that why I couldn't learn all the things which you learned. But any ways I am not at all ashamed to learn personal finance from someone who is younger than me by almost a decade 😊 You are literally contributing to Indian Economy Keep it up 👍
You explained about financial independence and safety tips in a very good way. I am currently studying for a job and this video will be very useful to me in the future so thank you so much LLA and one more thing, this is the best channel for financial knowledge on TH-cam.
@@Anonymous-py4mtzarurat job ki nahi apko ek direction ki hai. Direct accountant mat bno... pehly choti job se start kro ya kisi ke business me apply kro waha business sikho.
I am 18 years old right now and all the rules in the video can help everyone in their life to achieve their goals and control their funds. I am also starting to apply some rules that can help me
I have been following your channel from the day I started earning. All the above rules which you shared here, are already shared by you in different videos earlier. By the time this video is made, I followed most of the inputs shared by you. Except for car(which I am yet to buy), I am almost following the same steps. Thankyou for helping me grow and build my path. Always grateful to follow this channel. Cheers!👍
Ultra legend rule of EMI Bohot time humko koi specific phone, ya laptop ya bike kharidna hota hai, jiske liye bohot time se iccha rehti hai kharidne ka.. To uska emi kitna parega month ka calculate karo, or utne amount ka liquid fund me SIP kar do utne time ke liye.. Last me jab time hoga, to usko on cash kharid lo.. koi interest nahi, ulta maximum chance ki inflation ke bawajud tumhare paas extra paise bach jayenge.. usse koi accessory kharid lena.. Or usse v zada chance hai ki itne din wait karte karte usko kharidne ka excitement hi nahi rahegi... to samajh jana, ki wo uss wakt emi lekar kharid ne me emi khatam hone se pehle uski khusi chali jati.. Or sabse bara rule of emi ye hai ki, koi v chiz emi me lene se pehle ye pucho khudse, ki ye mujhe abhi, immediately chahiye ki nahi... agar wait kiya ja sakta hai, to emi ki wajah save karo paise uske liye...
My Score 6/6 (I dont have car/home emi) additional rule I follow 1. Use Credit card for everything (I have set monthly and per transaction limit to my CC which helps me stay in limit) and get flat 1-5% discount on my CC bills. 2. Once I pay all my pending bills & EMI's, I transfer 5K in my bank account (which I hardly use bcz of rule 1, If this amount becomes higher either I spend this on wants or invest it depending on situation) 3. I invest remaining amount (roughly 40-60% much higher than 20% investment rule) in various investments like SIP/Equity/Foreign markets/PPF/Gold etc.
Kash rishab 1 lac PM kma pata... yha to Rishab 30-40k kma le bdi bat h..us pr koi rule apply nhi hota.. itni mhngai mai agr wo bukha na soye wo hi achievement h (Min. 8k Rent+ 2K Bike Petrol+ 15K household expense + 5k festival/education+ 1k mobile/wifi recharge ) just living without saving
1. Invest time on skills/courses that pay more. Increase your income 2. Develop alternate sources of income. 3. Arrive at your target income. Then follow this advice
0:50 I am not gonna buy car ( depreciating assets) 3:56 My father already made house 🏠 7:29 Term insurance I don’t have & I have health insurance as well as emergency fund Retirement plans I am thinking about this 14:31 my rule is 20/30/50 ❤ My current age is 26
1 Suggestion, Instead of parking funds as emergency funds; opt for OD account where-in I will withdraw monies only when I need as EMERGENCY. Your thoughts about the same ? 10:09
My rule is saving should be 50% of annual income. If you have your own house, you have luxury of spending more. If you live in rented house or paying EMI, you have to compromise on that part. If we are getting ancestral property, then we can buy house early and we can enjoy. And also, 50% saving will ensure to transfer money to kids at earliest so that they can also buy house in their early age. Ancentral property makes life easier for us and for coming generations as well.
Bhai maja aaya. Best video I have ever seen although I knew most of the rules already but to summarise all in one video is a blessing. Thank you team lla.
I follow all of them religiously. I am the same age as Rishabh's. However, around budgeting, what worked for me in my career in yearly years - First 30%+ should go to savings and investment, only then plan for the next 2-3 buckets, this will promote you in a growth mindset. 10% upskilling 20% wants (keep this as low as possible in your early years) 40% needs
My income is 15k month and company made me buy a 68k laptop on emi for their work and now I am Trapped 😑 4500 emi per motnh 4000 rent per month 2000 petrol per month kya he bachega kya he rahega mere pass
I'm watching LLA last 2 years. I really like LLA's videos, like concerns explaining, legal advices, the way are you guys explain really understanding. I've a question in my mind, A person, at his won mini telecom shop, yearly 4lakh50k something income, in this condition is he file income tax (ITR) its a good thik bt what ITR he should be fill? ITR 1,2,3 ? I WATCH your file ITR wale video dekha hain bt ye samajh nhi ayaa. Or app ne jis tarha se fill kiya kuch changes karna parega ki nhi, I really thankful to be a part of LLA community. Big respect for all of you guys. Keeep groing LLA ❤❤
That is really very good rules 💯. Main to follow krunga ise. Term insurance tk ka to process Krliya hai. Now 2stage ki bari. Maja aya. It will really help me a lot.
7:05 THE BI is necessary but apart from that none of the other conventional rules will make someone rich unless he/she is already rich. These conventional rules will help someone to stay moderately rich or in middle class.
Is Saal quality dekh ke legit _____ legi, Kasam se (Sorry for language but isse apt kuch samjh nahi aaya) - RJ Cost 3x kar ke kuch alag hi bana diya hai iss saal
Bro, kabhi socha hai ki Indian cricketers itne fantasy sports ads kyun karte hain? Yeh sirf endorsement nahi, iske peeche ek hidden truth hai jo bahut kam log jaante hain! Is topic par ek in-depth video banayi hai-dhekho aur khud sachai samjho! Please like if u agree ❤
Take VRS from Indian Railways at the age of 47. Drawing pension Runs own small shop Tuition and computer centre runs by teachers Rental income MIS from the post office Own house No debt Invest only in index funds approx 30 % of monthly income Health insurance running star health Full medical coverage from Indian Railway Emergency funds for six months Enjoy my own time through my own way.
You can't follow them, doesn't mean they don't work. They are required to be used as a thumb rule if you really want to make financially sound decision
Hi Rishab, love your vidoes! Have bought health insurance after watching your video on it. Would love to watch a video on Finances after marriage for a working couple!
6/6 bhai - you are doing awesome job Whenever jab mai koi decision leta hu hamesha apki bate yaad aa jati hai which help me a lot to choose the right path. Thanks a lot bhai
Hallo Sir,❤ Mai aaj pahali bar apka video dekha hu inta achha laga ki chanal subscribe kar liya. Ham abhi the lallantop TH-cam chanal par aplogo ka baithki broadcast dekha hu aur apke chanal par aaya hu.
Sir rule of 72 me hmesha mujhe ye doubt rehta hai ki suppose krte hain ki 72% returns hai fir toh 1 year me paisa double ho jaana chahiye. But practically dekhein toh 100% returns se hi possible hai ye cheez. 11:40
Sir, meri age 57 yrs. hai aur maine Term Insurance nahi liya hai. Maine 4 lac ka Personal Loan liya hai. kya is umar me muze Term Insurance lene ki jarurat hai ? Please advice
LLA ....you should prepare a example by using all 6 rules ....so that all the rules should be cleared in a single example... jagrut janta will relate and understand more
interest rate per year ke hisab se calculate hota hai maine bhi bike loan pe li hai EXAMPLE:- 4,80,000 KA 9℅ FOR 4 YEAR = 1,72,800 interest jayenga matlab 4,80,000 + 172800 = 6,52,800 payable loan total car padegi 6,52,800 + 1,20,000 down payment jod ke = 7,72,800 ki car padegi
Please guide us to buy a good term insurance, factors to consider, etc. I currently have a term insurance, but I am over whelmed by the content on TH-cam, Instagram. I'm doubting now whether that it's a good insurance which I have purchased or I'm wasting my money.
Your cost of living also depends on the city you reside. The same income that can buy certain aspects in Kolkata need not be the same as when living in Mumbai. Rest the rules tend to make much more sense now as I am starting to gain more financial knowledge pretty earlier in life.
Get Term Insurance from PolicyBazaar: link.lla.in/term-0411
Detailed Term Insurance Guide: th-cam.com/video/FFWtUThoPqw/w-d-xo.html
Get Health Insurance from PolicyBazaar: link.lla.in/health-0411
Detailed Health Insurance Guide: th-cam.com/video/jpAY1f_1A5M/w-d-xo.html
Calculate your Emergency Fund: sm.lla.in
In Income tax there is section to claim housing loan interest upto 2 lakhs, and for joint it is 4 lakhs. So why worry about interest or keep the house loan till 30 years. This should have considered as well!
Bhai jinki 10 12k incom h unke bare me koi fin flewnser koi kuch na bolta
Love u sir.
Sir, I can buy a car for 25 lakhs directly in cash. But I still prefer to buy real estate and manage basic cars as the car is still a depreciating asset.
Ahi hai😂
Please suggest a rule for home with buying land (since on land buying, no home loan no tax benefit)
10% to 30% income tax
18% GST on daily commodities
28% GST on Luxury items
Petrol & LPG high prices
11:37
We are only surviving, not living 😶
dekha jaye to chand par bhi daag hai
It's True it's an obstacle. Still we have to try
@@Proud_banda tasalli ke liye sahi h
Very true
Luxury item mat lo fir agar saving kam. Baki tax se toh sab pareshan h lekin iska mtlb ye nhi ki jena chod do
i am following all of them sir, I am 27, bought a car with 50 percent down payment but the EMI is for 5 years and I will pre-close it, bought a Royal Enfield with 100 percent down payment, father built the house and I helped, no loan pending, have enough term, health insurance and emergency fund, can improve the investment in market but as we are businessmen, our overall business investment which includes mutual funds are more than 50 percent, total EMI is not exceeding 36 percent…and using credit limit of less than 10 percent
Bro how to manage and control it effectively,
i won’t say it’s easy brother, but i guess persistence in work will be the key
@@iambicky007 wow that’s super.
Whats your business bro? I also want to make a business
you seem to have figured it all out
Ghar lene k liye ye formula try Kiya tha aaj tak ghar nhi le paa rhe aone man ka😂 coz salary jis proportion me badhti h usase kahi zyada ghar ki price badh Jaa rhi , ab to basic necessities se zyada upar sochna bhi mushkil ho gya h
Pr mere ek senior ne 1 practical advice di thi , aur mere bahut se friends, family n known ne us formula se man ka ghar kharid liye- agar abhi aap ghar nhi le paa rhe to ek plot le lijiye Jo aaram se budget me aa jaye vo bahut zyada hath pair faila k nhi ( ofcourse saare paper zarur check kre) , aur jab ghar Lena ho kuch saal me to use bech k down payment kr de. Try n trusted tarika h varna ya to man ka ghar nhi le pate h ya loan bharte bharte pareshan ho jate h
1. At least 5 % of salary on learning which can be taken from saving or spending.
2. Try to spend in cash instead of UPI.
What's wrong with UPI
@@wrongwithyou-i9i he doesn't have enough self-control so he tends to spend more when he has easy and convenient UPI at his disposal, cash on the other hand does not have that, he also thinks that most people don't the required self-control (may or may not be true) which is also why you are confused.
Now I'm just 18, whenever I'm start earning I'll must follow these rules!!
Emergency fund is good , and other things is wastetage in my opinion , you pay an insurance company for monthly it's like a doing sip , inflation is growing and insurance company is growing.
@@karangaming0280chupchap gaming kar😂
3-4 saal wait kro
Or ye hi tumhari comment vapas dekhne aana 😂
I am at my 20s thank u so much sir for this valuable information 😇
@@gcnj20 Do open a NPS account then. Contribute atleast 1000 a month.
Just a suggestion.
Very nice calculation. I request to make calculation/video for monthly income below 40 thousand/30 thousand because in India most of the people earn below that only.
Anyone earning < 12L per year should just focus on earning more. Teach your kids, siblings cousins etc to focus on value creation and skill development from early age. Be it business, online influencer, momo vendor, cab fleet owner, govt job, private job focus where you have skills and resources to succeed. Stop chasing JEE, UPSC and NEET mindlessly if you are not passionate enough for those subjects. There are a lot of professions that will make you 12L+ easily get there and then think of applying these rules. Salaried person will have very tough time in next 5-10 years.
Why salaried person hav tough time next ?
Why?
There is nothing wrong with these exams , if I would have scored a good rank 10 years ago in jee, today I could have worked for 40 50L+. Coming to your point 12+ is just okay.
@@CorporateRider-lx8lfBro he said that if you are not passionate about these things. If you love jee UPSC neet then go for it .
@@CorporateRider-lx8lf Absolutely nothing wrong with these exams if you can clear it with good ranks, but too many people waste 2-3 years of the best time of their lives giving these exams. At least don't put all eggs in one basket, have other plans and work on them in parallel.
*RULE NUMBER 1* : *PAISA ITNA KAMAO KI YE SAB SOCHNE KI JAROORAT HI NA PADE*
Without financial planning, Kitna bhi paisa kamalo , Aap wealth create nahi kar sakte
@@tejasshah6712 from your dp I can say ur age is around 25-30
And from your comment I can say you are broke.
Not making fun of you
Just saying instead of replying me ,do something to earn money
@@Captain_speke in 2020 I think the same bro
And I am not denying for financial planning
But what he told in the video is just a trap in which mostly middle class people falls( looking for security, by seeking security u r just minimising ur risk
And without risk you can't make anything)
GROW UP
You are right... but har koi itna nahi kama raha hai.. aur limited pay me planning is necessary... 1 lac is also limited pay...
@@rajshiromani727 That's what financial planning is ! Minimising the risk , 20 % savings and 50% needs with emergency funds.
One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $30k of my savings in stocks this year, and I hope I make profits.
You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.
Mind if I ask you to recommend this particular coach you using their service?
Her name is Rebecca Nassar Dunne can't divulge much. Most likely, the internet should have her basic info, you can research if you like.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
Rishabh,
Man I am shocked to know that you are just 34 years old
Surprisingly I was thinking that you are the same as my age and was thinking that why I couldn't learn all the things which you learned.
But any ways I am not at all ashamed to learn personal finance from someone who is younger than me by almost a decade 😊
You are literally contributing to Indian Economy
Keep it up 👍
You explained about financial independence and safety tips in a very good way. I am currently studying for a job and this video will be very useful to me in the future so thank you so much LLA and one more thing, this is the best channel for financial knowledge on TH-cam.
Bhaiya 20k walo ke liye bhi kuch banao, please.
>12 Lac Pa, people they are already rich.
Rules are same, i see 20k salary guys buying cars, phones on EMI. It's more important for them to follow.
@@LabourLawAdvisorhai sir kya mere liye koi job hai? Apke paas. I am an accountant. And mujhe kahi job nhi mil rahi😢 main gaon se hu.
@@Anonymous-py4mtzarurat job ki nahi apko ek direction ki hai.
Direct accountant mat bno... pehly choti job se start kro ya kisi ke business me apply kro waha business sikho.
@@akshat_djjoshi8264 ok bhai
12 bhi kam hai yr bhai😢 tax and inflation sab kha jata hai
The best finance channel on YouTuBe
Bina job ke he dekh raha hu 😢😢
Mai bhi😂😂😂
Koi baat nahi bhai, make sure aap ye rules follow karein, ek baar aapki job lag jaaye🙏
Explanation technique with background is very eye soothing and very very innovative
I am 18 years old right now and all the rules in the video can help everyone in their life to achieve their goals and control their funds. I am also starting to apply some rules that can help me
First rule is learn skill which will help you to earn
I have been following your channel from the day I started earning. All the above rules which you shared here, are already shared by you in different videos earlier. By the time this video is made, I followed most of the inputs shared by you. Except for car(which I am yet to buy), I am almost following the same steps. Thankyou for helping me grow and build my path. Always grateful to follow this channel. Cheers!👍
This channel is best in delivering quality content
Ankur warikoo pagal he
❤बहुत मजा आया. बहुत बढ़िया. धन्यवाद आपका.😊
Ultra legend rule of EMI
Bohot time humko koi specific phone, ya laptop ya bike kharidna hota hai, jiske liye bohot time se iccha rehti hai kharidne ka..
To uska emi kitna parega month ka calculate karo, or utne amount ka liquid fund me SIP kar do utne time ke liye..
Last me jab time hoga, to usko on cash kharid lo..
koi interest nahi, ulta maximum chance ki inflation ke bawajud tumhare paas extra paise bach jayenge.. usse koi accessory kharid lena..
Or usse v zada chance hai ki itne din wait karte karte usko kharidne ka excitement hi nahi rahegi... to samajh jana, ki wo uss wakt emi lekar kharid ne me emi khatam hone se pehle uski khusi chali jati..
Or sabse bara rule of emi ye hai ki, koi v chiz emi me lene se pehle ye pucho khudse, ki ye mujhe abhi, immediately chahiye ki nahi... agar wait kiya ja sakta hai, to emi ki wajah save karo paise uske liye...
15:09 15k kiraya.... Itni to meri salary hai in-hand 😂
My 60% in savings/investments, 30% in needs and 9% in wants and 1% in charity. This is the budget I follow.
My Score 6/6 (I dont have car/home emi)
additional rule I follow
1. Use Credit card for everything (I have set monthly and per transaction limit to my CC which helps me stay in limit) and get flat 1-5% discount on my CC bills.
2. Once I pay all my pending bills & EMI's, I transfer 5K in my bank account (which I hardly use bcz of rule 1, If this amount becomes higher either I spend this on wants or invest it depending on situation)
3. I invest remaining amount (roughly 40-60% much higher than 20% investment rule) in various investments like SIP/Equity/Foreign markets/PPF/Gold etc.
How do you invest in foreign market?
@amarjeetpaul5418 there are many apps available online, I use ind money exclusively for foreign investment.
Sb mrenge ek din
Kash rishab 1 lac PM kma pata... yha to Rishab 30-40k kma le bdi bat h..us pr koi rule apply nhi hota.. itni mhngai mai agr wo bukha na soye wo hi achievement h (Min. 8k Rent+ 2K Bike Petrol+ 15K household expense + 5k festival/education+ 1k mobile/wifi recharge ) just living without saving
Sachme maza humesha ata hain LLA ka video dekh kar. Lekin mene ekbaar aap logo se ek help manga tha mere EPFO ke regarding, but koi reply Nehi Mila
7th rule : always try to generate extra income source. Btw my score is 7 out of 6 😊
4/6 I have followed... Only insurance part are left... Thank you maza aaya 😂
Salary 20k😢
Ek lakh vale inki video dekh bhi ni rhe hum hi dekh rhe h
dekh rahe hai!! 😅
Hm to job hi nhi krte😂
1. Invest time on skills/courses that pay more. Increase your income
2. Develop alternate sources of income.
3. Arrive at your target income.
Then follow this advice
App 10k wali lo😅
0:50 I am not gonna buy car ( depreciating assets)
3:56 My father already made house 🏠
7:29 Term insurance I don’t have & I have health insurance as well as emergency fund
Retirement plans I am thinking about this
14:31 my rule is 20/30/50 ❤
My current age is 26
1 Suggestion,
Instead of parking funds as emergency funds; opt for OD account where-in I will withdraw monies only when I need as EMERGENCY.
Your thoughts about the same ? 10:09
EF should not be a loan, OD ka paisa to chukana padega. Ideally park it in a breakable FD or liquid fund.
My rule is saving should be 50% of annual income. If you have your own house, you have luxury of spending more. If you live in rented house or paying EMI, you have to compromise on that part.
If we are getting ancestral property, then we can buy house early and we can enjoy. And also, 50% saving will ensure to transfer money to kids at earliest so that they can also buy house in their early age. Ancentral property makes life easier for us and for coming generations as well.
I'm following the CC rule.
Bhai maja aaya. Best video I have ever seen although I knew most of the rules already but to summarise all in one video is a blessing. Thank you team lla.
15k Salary wale kuch bhi nhi kar sakte
First increase salary then think of a luxury
Kuch ni kia isiliye 15k salary h😢
Salary bdhane pe focus kro sirf abhi. Ho jaega sab chinta nhi krni hai mehnat krni hai bas.
Bhai apne sahi bole.
Abhi apne skills me kaam kro
Jab skills ho jaygi to salary apne aap badhyga
Jis bhi field me ho
Us field me apna skill bannao
I follow all of them religiously. I am the same age as Rishabh's. However, around budgeting, what worked for me in my career in yearly years -
First 30%+ should go to savings and investment, only then plan for the next 2-3 buckets, this will promote you in a growth mindset.
10% upskilling
20% wants (keep this as low as possible in your early years)
40% needs
Following 6 out of 6 😎😎😎
Best advice for everyone this is very helpful channel thank you LLA for Aware uss keep it up you doing very well👍🏻👍🏻👍🏻
My income is 15k month and company made me buy a 68k laptop on emi for their work and now I am Trapped 😑
4500 emi per motnh 4000 rent per month 2000 petrol per month kya he bachega kya he rahega mere pass
I'm watching LLA last 2 years. I really like LLA's videos, like concerns explaining, legal advices, the way are you guys explain really understanding.
I've a question in my mind,
A person, at his won mini telecom shop, yearly 4lakh50k something income, in this condition is he file income tax (ITR) its a good thik bt what ITR he should be fill? ITR 1,2,3 ?
I WATCH your file ITR wale video dekha hain bt ye samajh nhi ayaa.
Or app ne jis tarha se fill kiya kuch changes karna parega ki nhi,
I really thankful to be a part of LLA community.
Big respect for all of you guys.
Keeep groing LLA ❤❤
0/6
BE-rozgaar
@@om_raskar291 start a business bro
That is really very good rules 💯. Main to follow krunga ise. Term insurance tk ka to process Krliya hai. Now 2stage ki bari. Maja aya. It will really help me a lot.
while it's true that the most important thing to do is increase your income but knowing how to save and invest that income is also good
I am following 0 out of 6
7:05 THE BI is necessary but apart from that none of the other conventional rules will make someone rich unless he/she is already rich. These conventional rules will help someone to stay moderately rich or in middle class.
I will be the first one to buy jagruk journal
Is Saal quality dekh ke legit _____ legi, Kasam se (Sorry for language but isse apt kuch samjh nahi aaya) - RJ
Cost 3x kar ke kuch alag hi bana diya hai iss saal
🤡🤡@@LabourLawAdvisor
Paper quality ka kya karna hai bhai, I'm sure aapne poori bhari nahi hogi, joki jyada impt hai..
Bro, kabhi socha hai ki Indian cricketers itne fantasy sports ads kyun karte hain? Yeh sirf endorsement nahi, iske peeche ek hidden truth hai jo bahut kam log jaante hain! Is topic par ek in-depth video banayi hai-dhekho aur khud sachai samjho!
Please like if u agree ❤
Loved that part where you're taking that paper off at 03:20 😂😂😂😂
Kis kis ko policy bazaar walon ne phone kar kar ke pareshan kar diya hai?
Try ditto
Its me 😂
Bought my first car using this rule only. 1 year of top model Honda Elevate Ownership. Good car and good financial decision
My employer not paid last six wage months epf and deduct every month from ctc.
What can I do.?
Pc
Write a complaint epfo 😊
I was hoping for an explanation on why these rules are made and on what basis. Why only 4 years for car, etc
2:53 6 lalh mein to alto ka mid variant aayega 😢
Second hand dekh lo
Second hand cars are good enough
6 lakh me Tiago aa jayegi...Jo apne RJ ne li hai 😂😂
2:32 am on the clock still choosing lla to watch ❤️ LLA 👏🏻
Keep learning to increase your earnings
I glad to see gems like you in india ❤
Take VRS from Indian Railways at the age of 47.
Drawing pension
Runs own small shop
Tuition and computer centre runs by teachers
Rental income
MIS from the post office
Own house
No debt
Invest only in index funds approx
30 % of monthly income
Health insurance running star health
Full medical coverage from Indian Railway
Emergency funds for six months
Enjoy my own time through my own way.
MAZAA AAYA 16:13
These rules don’t work in real life
You can't follow them, doesn't mean they don't work.
They are required to be used as a thumb rule if you really want to make financially sound decision
Try making it work, life might get more secured
The Truth, in practical life these rules are just shits
Hi Rishab, love your vidoes! Have bought health insurance after watching your video on it. Would love to watch a video on Finances after marriage for a working couple!
Will plan :)
Maza Aaya
100% helpful video and must watch.
6/6 bhai - you are doing awesome job
Whenever jab mai koi decision leta hu hamesha apki bate yaad aa jati hai which help me a lot to choose the right path.
Thanks a lot bhai
Hallo Sir,❤
Mai aaj pahali bar apka video dekha hu inta achha laga ki chanal subscribe kar liya.
Ham abhi the lallantop TH-cam chanal par aplogo ka baithki broadcast dekha hu aur apke chanal par aaya hu.
Sir rule of 72 me hmesha mujhe ye doubt rehta hai ki suppose krte hain ki 72% returns hai fir toh 1 year me paisa double ho jaana chahiye. But practically dekhein toh 100% returns se hi possible hai ye cheez. 11:40
Sir, meri age 57 yrs. hai aur maine Term Insurance nahi liya hai. Maine 4 lac ka Personal Loan liya hai.
kya is umar me muze Term Insurance lene ki jarurat hai ?
Please advice
Sir students ke liye dedicated video bana dije ❤
Love from Kolkata
Maja aaya❤❤
Rishabh bhai😂😂😂
Great Video sir And Thanks for the knowledge LLA is best guide for making Financially strong ❤
Also please make a video on rules to choose rent house and how to manage it in budget 😬
I am following one of this
Bhai business owners ke liye bhi to koi video banao…ya aisa koi video banao jisse job karne wala bhi business start kar sake
very great video love from pakistan mene toh notes bana lie hy apny diary me apky video k
LLA ....you should prepare a example by using all 6 rules ....so that all the rules should be cleared in a single example... jagrut janta will relate and understand more
3/6 Thanks for this great video.
Can you make a video for 40k salaried person???
Because most of your followers come with this range salary...
Needed the rule 3 and 6 alot! Thanks to LLA!
5 out of 6
Maza Aaya
Wo LLA ki har video me ata hai👌👌🥳🥳🥳
Thanks for your video, valuable information 💯
Wonderfully summarized the goldens rules. Thank you for your effort.
interest rate per year ke hisab se calculate hota hai maine bhi bike loan pe li hai
EXAMPLE:- 4,80,000 KA 9℅ FOR 4 YEAR = 1,72,800 interest jayenga matlab 4,80,000 + 172800 = 6,52,800 payable loan total car padegi 6,52,800 + 1,20,000 down payment jod ke = 7,72,800 ki car padegi
Very useful 😃 video Maja Aaya😊
Very valuable learning .. Maaja aaya
To buy a car, What to do if Husband and wife both are earning?
Should we combine both their income and then calculate?
MAJOR RULES ARE ALREADY KNOWN BUT STILLS THANKS FOR SHARING
Bhai aap sahi sahi batao konsa term Insurance and health insurance le rakha hai without sponsership ❤❤
Very nice information, it is very helpful👍
Maza Aaya 🙏. Do you guys this sango life sutra video or what? Because he also says similar thing.
Hmm... Achha hai sahi hai... Bringing everything under one roof and explanation to badhiya hai hi aapka
What is the rule for marriage spending? How much should be spent for wedding? Can you give a rule RJ sir please..
Should we include the jewellery purchase as wedding expenses or emergency fund?
Interesting will research on this point
@@LabourLawAdvisor If possible. Also, include how much we can spend on trips/vacations.
Please guide us to buy a good term insurance, factors to consider, etc. I currently have a term insurance, but I am over whelmed by the content on TH-cam, Instagram. I'm doubting now whether that it's a good insurance which I have purchased or I'm wasting my money.
You can check out their video on term insurance.
There was already a video on term insurance explained by Mandeep
Requesting you to provide information on critical care policy. It is very important.
This must be taught in school because we are taught that earn money but not to manage money and this is the problem of today's World
All rules followed except credit cards...which I don't use..!😊
Maza aaya👍👍👍👍
Amazing knowledge 👏👏
Your cost of living also depends on the city you reside. The same income that can buy certain aspects in Kolkata need not be the same as when living in Mumbai. Rest the rules tend to make much more sense now as I am starting to gain more financial knowledge pretty earlier in life.
Maza aaya.. as always 🤗
Great work team LLA 😊
Can you tell whether the "annual household income" and "monthly income" numbers should be post-tax or pre-tax?
Everything is post tax as this is the real money.
kya corporate employee ko personal health insurance lena chahiye ?? ek video espe v bnana sir ager lena chahiye toh kyu and kya benefit rahegye