How to Earn, spend and invest money!

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A lot of you have asked how did I make my first 1 CR. So here is the video - all the steps I undertook to make that huge some of money!

I also talk about what I plan to do with my money and some tips which can help you earn your FIRST 1 CR :)
So do watch the video till the very end!

0:00 Intro
01:25 Attitude towards money
06:12 My first 1 CR
10:12 My plans with my money
14:23 Key tips and strategies
17:53 Final thoughts
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Attributions:
Stock videos from Pixabay and Pexels
Logos: Wikipedia Commons

[AkshatZayn]

►For filing taxes, you can check out TaxBuddy.com and avail 35% discount for all ITR filings:

►Check out our new course website:

[AtulKumar-ctck]

Notes
- money should be source of freedom rather than means of consumption
- good debt to make assets
- rule of 72 to double the money
- build parallel income streams, side gigs
- makes buckets of spending and better to limit on spendings for specific buckets
- master the skill which can earn you, top 5 percentile rule
- will power is limited, spend in constructing tasks
- book: psychology of money

[aqwser]

Akshat wanted us to comment. He says a decade and a half experience. He is 35 years then today (Started work at 20 years). At 26, he hit 1 crore. As per Rule, 72 he would have accumulated 4+ crores. Good going Akshat and lots to learn from you.

[sophiamiller]

When it comes to investment, diversification is key. That is why I have my interests set on key sectors based on performance and projected growth. They range from the EV sector, renewable energy, Tech and Health.

[manjeetgautam]

Having about-
1)40-50% capacity i.e.6 cr in equity, 30 lakhs(3-5% in each bluechip, large cap)
2)50-60 lakhs in crypto
3)4-5 cr in real estate
4)About 1 million dollar promoter holding of investment in buisnesses like cases over coffee MBA courses, lectures
5) maybe holding 6-7 cr for market crash in liquid debt mutual funds

I assume your net worth to be around 28 cr, but growing at a massive rate of at least 25% a year

Might be a less number as rich mentality income can't be calculated

Might bring to u billionaire list in 25-30 years 😊

Plz... 🙏 Always Teach us the way u do
Love to big bro from Delhi

[anushabhatnagar]

That work life balance point really hit hard, Akshat! In today’s world, where everyone talks about working on their own terms and having leisure time, specially in the freelance industry, it is a breath of fresh air for me to hear that initially you need to work the hardest and work life balance comes at a later stage in life!🤘🏻

[thelazyguy]

Because of your knowledge I started my business at just 23 leaving my IT job just 3 months in, so in near future I will spend vacations while my money works.. just simply thankyou🙏

[AbcDef-eljl]

Hope we were thought about money/finance in school days which would have helped us in many ways. Thank you Aksath for decluttering many things about money to us.

[shashankpratap]

Honestly the best video I have seen. I resonated with every thought of yours. Did i enjoy the video? I loved every bit of it and was able to relate to all the scenarios. The key lessons for all of us - money is not a medium for consumption and there is no substitute for hard work!

[Raj-wlfb]

Your speech is amazing brother, the fact that you give so much of knowledge to our young generation and the best part is it’s not scripted.

[TakluCal]

Your financial planning, weakness for food, enthusiasm for travel and thoughts around educating kids of the future all somehow coincide with my idea of a good life and values I live by. Gives me immense pleasure to chance upon someone with the same sensibilities!

[MathsTeacher]

Thanks for recording such informative videos. I have recently started following you and planning to invest some money in share market after learning all from you.

[vsg]

This is one of the best investment related videos I’ve ever watched! It has completely changed my perspective. Thank you Akshat!

[ronwenthapelo]

Thanks for this amazing information !! If you don't find a means of multiplying money, you will wake up one day to realise that the money you thought you had, has finished, Investment is the key to sustaining your financial longevity. And not just any investment but an investment with guaranteed return., I pray that anyone who reads this will be successful in life

[laxmanmadhusudan]

Dear Shri, very good video, thanks for the valuable adv. I regret I didn't had an advisor like you in my earlier life. I am 47, started seriously on investing in equity funds now. I wasted lot of time all these years by just parking my money in the bank account only without much growth. Thanks for the adv, will try to follow as much.

[mohd.tanveer]

The psychology of money is one of the best book I have ever read

[watchtimereview]

This is by far the most involved I've been for a 20 minute video.
Spitting facts and nothing else.
Amazing value !

[shayamhazarika]

Excellent amd very clear content as always.Just 2 points are credit card (nothing negative but point to take into consideration) 1. You mentioned about cc and pointed towards bad loans. Unfortunately lot of people do that without without cc as well. The biggest risk with cc is if we dont end up paying our monthly payments on time 2) this is more important - credit cards are much more secured from fraud perspective as they are protected .fraud against the debit card can lead to funds wiped out from the bank account without protection.

[arzooooo]

Hello Akshat sir! I’m a 24y/o doctor. I absolutely love your content and understanding and the fact that your videos are not just advertisements of brands sponsoring you!
Thankyou and I really look forward!

[aakashkakkar]

Rule of 72
To understand years it will take to double your money:
72÷ int rate = no of years to double ur money..
Thanks for this!