10 Clever Personal Finance Rules you should know. #PKBOLA

In this video, we will be discussing 10 personal finance rules that can help you save a lot of money and secure your financial future. Managing your finances can be overwhelming, but by following these simple rules, you can take control of your money and achieve your financial goals.

We'll also discuss the importance of maintaining an emergency fund, investing in your retirement, and avoiding debt whenever possible. By following these rules, you can build a strong financial foundation that will support you throughout your life.

By making smart financial decisions today, you can secure your financial future and live the life you've always dreamed of.

00:00 - Introduction
01:17 - Know when your investment will double
03:02 - Invest this much in Equity
04:08 - Disclaimer!
04:45 - Budgeting made easy with this rule
06:31 - Plan your emergency fund with this rule
08:08 - Before taking a loan, watch this!
09:48 - Plan your retirement with this rule
12:57 - Never skip any investment with this rule
13:41 - 3 components of a Financial Plan
14:55 - Know this before following any rule
15:60 - Steps to participate in the Giveaway

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[SantiagoWyatt-]

Buying stocks might seem easy, but picking the right one without a solid plan is tough. I've been trying to grow my $100K portfolio, but the tricky part is not having clear plans for when to buy and sell. Any tips on this would really help.

[ankitdhakar]

Rules are always there but the most important is following it with consistency 🤗😌

[isomaniac]

After watching your, Akshat's & Rachana's videos regarding finance -
Few points that learned are as follows -
1) Take calcultated risk & manage & be responsible for your own money. Don't depend on anyone, not even your family.
2) If you want to buy anything, first earn 4x of that value & then spend or buy whatever you want to buy so that u will most probably buy only those things that really matters to u or you'll buy cheapest things which are available in the market. Basically its a win win for me.
3) first diversify your portfolio a bit & then concentrate to increase the value of portfolio in long term.
Audience can add more points in the thread. 😊

[NonVegHome]

Market me aapse bahut ache ache influencer hai jo free me educate karte hain. However, aapse ek dil ka connection ho gaya hain aur aapke har ek videos mujhe meri "mujhe sab kuch aa gaya ab" wali gamand ko tod deti hain aur jindagi me aage bahut kuch sikhne ko motivate karti hain.❤❤

[kartikeya]

Brother
You can add more detail in term insurance that every age group are not eligible for the 20× life cover of their annual income.
It depends on age and its rule is
18-35 age - 25×
36-40 age - 20×
41-50 age - 15×
51-55 age - 10×
56+ - 5×
Of their annual income
😊

[VirendraSingh-eqnw]

Auto sweep krwane gya tha bank me SBI valo ne bola "lunch ke baad aana" 😢😂

[Soumyadeep_Pramanik]

apse last kuch months se bohot kuch sikh raha hu.
mujhe ek line yad aa raha hai arijit sir ka
pehle keuna mile hum
kash ap school me hi mil jate
Thank you sir

[ericmendels]

The S&P 500, if one sticks with it, outpaces inflation by many percentage points. I personally don't care about the inflation. I just want my money to keep outgrowing the inflation rate. That is why I'm looking for companies now to put in $80k for a start. Just don't know how to proceed

[sobhit_sahu]

Sir apka video dekhne ke bad mai sapno me udne lagta hun aur need khulte hi wahi hota hun jata kal soya tha.

[TejasTharu]

For all the youngsters out there, customise your 50:30:20 as follows:
50% --> Investments
30% --> Needs
20% --> Wants

It may sound impossible at the beginning, but trust me, after some time, you will be glad that you have opted this.

[rashmisingh]

Hi Pranjal! I have been watching your videos and appreciate the effort and the spirit behind them. Thank you.

[sukeshgiri]

I am preparing for all this things, you just revised my plan... Thank you..

[watsonhoward]

Success seems to be connected with action. Successful people keep moving. They make Mistake but they don’t quit... As the economic crisis keep rising, we literally need to have different streams of income. The crypto and stock market has plenty opportunities to earn a decent Payouts with the right skills and proper Understanding of how the market works.

[luis-gabriel]

The stock market is and has always been the best place to make substantial income i still find myself pumping more funds into the stock market and trading aggressively. Away from all the distractions around, I still make huge profits from my investments.

[nitin_maxxx]

Sir I have to admit that the whole video is so insightful and useful but the last part of the video where you were saying that "these are just thumb rules and dont understand your situation and you've to consider your situation and act accordingly" this one...is very important and needed sir. This is the best part of the video.

[sakshi]

“I’m stuck between “I need to save money.” and “You only live once.”” ( after pandemic like COVID)

[nileshsingla]

Great video to have a summary of finance! But one thing you must consider while telling about autoswep feature is, that they can end up making less interest than saving account also, if they withdraw and add big amount again and again. Rest was wonderful

[nikhiltiger]

Hi Pranjal...Great Video with good insights for beginners and experts...woh fintech influencers wali line "Paida hone ke pehle hi retire kar dein" was epic....Also I believe 25 x is a great guide line for making a retirement but one's individual situation like if you are married or married with kid, married with kids...etc & the kind of lifestyle you live will determine if 25x is good enough or will require more fine tuning...

All in all a great video...Thank you

[zghgsuk]

Sbse phle maine ye rules warikoo sir ke channel pr dekha tha aaj pranjal sir ne revision kra diya

[MariaGarcia-gvhj]

Now I have more knowledge about personal finance, thanks to your channel, I just subscribed.Big ups to everyone working effortlessly trying to earn a living while building wealth in this recession. I’m 45 and my husband is 51, we are both retired, no debts. We are currently living a frugal and financially savvy lifestyle and generating passive income even during this recessionary period. Our commitment to saving and investing in the financial market has enabled us to maintain this lifestyle and continue earning monthly passively through investment.Traveling is now on our horizon, thanks to our financial choices.