- Because if you know that mixing insurance and investment is a mistake then insurance companies won’t be able to make a lot of money.
- Because if you know how to make the best use of a credit card and avail lots of free benefits, then credit card companies will lose a big chunk of revenue from defaulters.
- Because if you know how marketers play with your mind and influence you to buy stuff, many companies would lose out on the huge profits.
- Because if you know that the mutual fund agents charge a high commission when you invest via them, and if you know how you can invest directly and save a lot of money then the agents would have to shut down their shops.
- Because if you know that you can’t create wealth with trading and the only beneficiary is the stockbrokers because even if you lose money, they get their commission. Then the stock agents would not be able to fool you.
- Because if you know the biggest difference between rich and poor people is that rich people invest in assets and poor people end up falling in the traps of loans and EMIs then the bankers would have to shut their shops.
There is a good old saying - “Give a man a fish and you feed him for a day, teach a man to fish and you feed him for a lifetime.”
So if they teach you about money management, you won’t be of any use to big corporate houses. But if they don’t teach you about money management then you would depend upon them for a lifetime.?
Why should I take this Class on personal finance?
- Every year, millions of people in India make many financial mistakes. For example, they end up mixing insurance and investment, they end up falling in debt traps, they end up falling in Ponzi schemes, they end up investing based on tips, etc. This results in destroying their financial lives.
- The major reason is -?Lack of knowledge about money management.?I personally faced this problem when I started earning. Unfortunately, I couldn’t find a single source to learn everything about money management. Hence, I did my own research by reading various books, blogs, and watched a lot of videos. Finally, I have compiled this WORKSHOP where I have covered every aspect of money management including important concepts like power of compounding, real vs nominal return, what is insurance, type of insurance, how to select the best insurance, what is an emergency fund, how to make the best use of credit card, how to calculate tax and save maximum tax, what is a mutual fund, how a mutual fund works, how to select the best mutual fund, what is the stock market, how to pick quality stocks, etc.
- The ultimate goal of this WORKSHOP is to teach every aspect of money management that is important in an individual’s life. Be it a small kid who gets pocket money and want to develop a right habit of saving, be it a young guy who has recently started earning and want to build a retirement corpus, be it a father who wants to invest for his daughter’s education or be it someone who has retired and want to know how to make the best use of retirement corpus.
If you are someone who doesn't want to work for the rest of your life and wants to achieve financial freedom at an early age by making the right financial decision and avoiding all financial mistakes then this WORKSHOP is for you!
