Hi Subra, the path to financial freedom is long and lonely. It's further complicated if your spouse has aspirations different from you - if one partner is consistent, disciplined and focused, while the other lives in the here and now, there is bound to be resentment at some stage. Sometimes I feel, there should be such a thing as financial kundli matching.
Life is short, have a balanced approach. Fund mgrs are creating paranoid in young for their business to flourish. Health and happiness along with whatever possible savings should be encouraged for young instead of making them feel they need 10cr ,100 Cr when they retire.
But the fact remains, in order to maintain the lifestyle that the youth are living, 10 crores might be less when they retire. Maybe 100 crores might be enough. MAYBE
We find ourselves in an era where social media pressures us to indulge in luxury items, creating a peer pressure dynamic that can strain relationships. In dual-income families, the temptation to spend rather than save is a recognized challenge. In such partnerships, I believe achieving financial independence is a shared responsibility, not solely the male partner's duty. Women should be savvy in securing their financial future, taking proactive steps to trim unnecessary expenses and ensure stability for themselves and their children. Unfortunately, social media often promotes imprudent spending. A sensible approach involves establishing clear boundaries between operational and recreational expenses early in a relationship. This way, a specific percentage can be allocated to defined goals like retirement or children's education, while desires are managed within the designated budget.
Hi Subra, the path to financial freedom is long and lonely. It's further complicated if your spouse has aspirations different from you - if one partner is consistent, disciplined and focused, while the other lives in the here and now, there is bound to be resentment at some stage. Sometimes I feel, there should be such a thing as financial kundli matching.
One has to decide if they want corporate slavery or financial freedom
FF comes only from delayed gratification and disciplined investing
Yes buddy it's tough but then it also depends on how to deal with it.
Rented house, second hand car, phone on emi, no savings... then where 2L goes? 🤔🤔🤔
Well said sir
EPF as emergency fund??
Agree with all your opinion Sir.
धन्यवाद गुरु जी 🙏
Dumb generation on social media would spend and beg
Thank you sir
Thank you Sir
Thank you so much
Life is short, have a balanced approach. Fund mgrs are creating paranoid in young for their business to flourish. Health and happiness along with whatever possible savings should be encouraged for young instead of making them feel they need 10cr ,100 Cr when they retire.
But the fact remains, in order to maintain the lifestyle that the youth are living, 10 crores might be less when they retire. Maybe 100 crores might be enough. MAYBE
We find ourselves in an era where social media pressures us to indulge in luxury items, creating a peer pressure dynamic that can strain relationships. In dual-income families, the temptation to spend rather than save is a recognized challenge.
In such partnerships, I believe achieving financial independence is a shared responsibility, not solely the male partner's duty. Women should be savvy in securing their financial future, taking proactive steps to trim unnecessary expenses and ensure stability for themselves and their children.
Unfortunately, social media often promotes imprudent spending.
A sensible approach involves establishing clear boundaries between operational and recreational expenses early in a relationship. This way, a specific percentage can be allocated to defined goals like retirement or children's education, while desires are managed within the designated budget.
They are individual choices. Even social peer pressure is an individual choice. Been there. Done that. Speaking from first hand experience.
Don't blame social media for your foolishness
@@allahuakbarquran742 you have to get rid of ur foolishness before u even understand what was said. Then u will realise it.
@@Vidyasagarbb einstein cover your nut
@@Vidyasagarbbyou einstein...cover your head