What you are missing to discuss are major expenses that come every few years like re painting, small maintenence of houses, medical expenses once every 10 years at least, child's graduation expenses, higher education experience expenses, all such expenses taken together cannot be managed in 50-30-20 rule for sure in given times no matter how much you control your spending/needs. And for that matter no one so far across the financial advisories has been able to clearly account for such expenses leaving marriage or other functions that you have to spend upon even if very minimum!
At 6cr now and now it's about building first 10cr and then it will be first 100cr..the list goes on endlessly till you die. Control your wants over your needs and then maybe you will be happy with whatever you have now
India taxes like America but provides services like Uganda this is making citizens insecure. India wants to push middle class below poverty line by giving subsidies to existing BPL
this 1 lakh starting salary post internship talk going around internet now a days is absolute rubbish and beyond reality
Yaa, but coming few yrs, this 1 lakh will loose its charm. Obviously because of inflation.
Thanks to ndtv profit and Alex for creating valuable contents like this, big fan
What you are missing to discuss are major expenses that come every few years like re painting, small maintenence of houses, medical expenses once every 10 years at least, child's graduation expenses, higher education experience expenses, all such expenses taken together cannot be managed in 50-30-20 rule for sure in given times no matter how much you control your spending/needs. And for that matter no one so far across the financial advisories has been able to clearly account for such expenses leaving marriage or other functions that you have to spend upon even if very minimum!
Superb just very informative and motivating
Thankyou for the presentation both.
Alex is not asking hard questions. What is the future of stcg and ltcg? What if the ltcg increases by 20-30 percent?
Already increased. Today its 20% ltcg. Tomorrow definately 30%. No doubt in that.
@@Jaibajrangbali1709ltcg is 12.5% but might hit 30% by end of this decade
It will be 30% soon
It will be same as slab rate soon un 2025 in direct tax code
@@Gauravkr0071Does that mean people who do not come under any tax slab (below 2 lpa) will not have to pay LTCG at all?
Wonderful conversation. Thank you both.
Always enjoy your show and the way you talk Alex. Love you ❤
At 6cr now and now it's about building first 10cr and then it will be first 100cr..the list goes on endlessly till you die. Control your wants over your needs and then maybe you will be happy with whatever you have now
Right approach is to have 50 times annual expense.If ur expense is 5L, then 2.5 cr is enough to claim that one is wealthy.
Like your shows Mr Matthew.
Very good advice ❤
1 crore is too small considering medical inflation
True. Doctors are becoming greedy day by day. They are not doing social service anymore.
Nice video, Thanks
19:57 “or husband “
👏🏻👏🏻👏🏻
These guys are living far from reality. Internship starting salary 1Lakh?!
Middleclass people are encouraged to save so that people like mallya can run away with that money
Starting with 1 lakh post two months of internship? Get a grip, lady!
NDTV profit, get someone whose a little more in touch with reality pls!
Everyone earns 1 lakh minimum in India. Even a 12 pass. Look at Modiji. A chaiwala still earns so much. Adani is his friend
India taxes like America but provides services like Uganda this is making citizens insecure. India wants to push middle class below poverty line by giving subsidies to existing BPL
1cr after internship, both are living lala land
Starting off with 1 lakh salary …. 😂😂😂😂
Useless talk as usual.
😂😂😂😂anchor bada khush lag raha hai lolz kaha invest kiya hai bata de..........
🤣🤣liquid money ke naam pe india mein corporates scam kar denge..........