50-30-20 Rule of Money | Easy Financial Planning for Beginners

[@AssetYogi]

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[@ashadur.rahman]

I'm 30 and saved nothing. This is an eye opening advice. Thank you very much.

[@AssetYogi]

Hope it's helpful 😊

[@hinduswastika9754]

Me too yaar

[@sheldonhomes23]

@@AssetYogi Medical expenses? Insurance & Mediclaim cost?

[@RSRGROUP0064]

Rd mutual fund investment kro

[@ashutiwari5038]

@@hinduswastika9754 Jai shri ram 🚩🚩🕉️

[@mukeshkumar0202]

मालिक साहब, आपकी आवाज बहुत दमदार है। आपकी ये वीडियो मुझे बहुत अच्छी लगी। ये सच है कि अच्छी सैलरी पाने के बाद भी हाथ खाली रहते हैं क्योंकि हम लोग Financial Planning ही नहीं करते हैं। Thanks a lot Sir.

[@lizagulwani9389]

Meri salary 5000 hai may karodpati banna chata hu

[@kumarharsh77]

I think this is one of the best India-based channels. For the young (and even older people), this channel is a real asset (pun intended)

[@rafaimalik8112]

Apke video bht achi hai mai beginner businessmen hon lekin mujhe lagta hai bht fayda hoda isse thanks 😀😀

[@vinaybhatia4228]

Sir first of all please accept my Namastey. What I was looking for this video has given me that exact answer. I am 34 with very less amount of saving without any plan like a headless chicken, just random. I was looking for an exact advice which can help me save some decent amount and this is what I was looking for. Thank you so much for this advice.

[@ashisharora6800]

I am good to see that I followed flat 50% to saving and rest for other things , this is ongoing !!

[@SagarGite90]

I will add one more thing, look for a parallel income source along with your salary. If you just depend on your salary then maintaining above proportion is very difficult.

[@saurabh23rdyolcantt]

Like

[@bhaveshhmc2634]

@@saurabh23rdyolcantt like other assets

[@shivashankarkoli5101]

Sir I spent 10 years in my job I have not saving money but now I follow your advice thanks sir

[@nehagiri8720]

Thank u so much sir.....mai humesha sochti thi kitna save karu aur kitna kharch......confused thi jiski wajeh se save ya invest nhi kr pati thi....bt aapke 40-20-40 rule ko apply krke mujhe bahut easy ho jayega savings krna.....tysm sir🙏

[@AssetYogi]

Keep investing Neha.

[@mkingwariyersdhruw2836]

Sir sabse pahle apko Josh talk me dekha hu phir apka videos dekha amazing sir apko experience h sir thanks..video k liye...

[@AshishNeog]

Thank you so much sir..... I am 23 Years old boy ,& after Watching your video, I have started my First investment in RD & also in Mutual Fund.

[@AssetYogi]

Good to hear that :)

[@thespark4506]

Rd nahi direct investment in share market because abhi younger ho

[@BUDX]

You are the best youtuber on financial education. Other youtubers are here to promote their courses or institutes but you are the one who is really guiding the whole nation. You will definitely see a great rise in your viewership and the day is not far when you will be the leading instructor on KZbin. Believe me your videos are in depth and easy to understand compared to others. Thank you for the knowledge you have imparted.

[@Iqbalsinghsandhuu]

Pranjal kamre best h

[@mustafabohra2070]

Thank you sir. I am customising this as 40-30-30 for myself.

[@raghavgaurav1]

40 20 40 बहुत अच्छा partition है ज़्यादा income वालों के लिए। बढ़िया ज्ञान दिया है। अगर हम दान भी देना चाहें तो वो कितना % कर सकते हैं।

[@VIVEKKUMARVARDE]

Thanks aapki video ko mai folow kiya new job lgi..monthly 17000 hai .only ..or mai salary ka 20% saving bank or post me invest kr raha hu..Only 5 year me 2 lacks saving kr liye..Or mughe bhi pata bhi nhi chala ki itne paise maturity ho gaye..Ab isko continue kr raha hu.salary increase hote ja rahi hai..Waise saving amount bada rha hu...Apni bacho or family k liye save krna jaruri hai..Thanks for info..

[@physiotubex]

Financial Discipline: Compounding effect Basic Necessity Saving Investment Regular Research 50-30-20 Rule:: 50% - needs - rent/emi, food, transport, cloth - bills: electricity, water, gas, phone, internet 30% - wants wishes - car, vacation, expensive cloth, electronic 20% - savings & investment - for retirement, kids education, marriage - stocks, PF, FD, Real-estate, Mutual Fund Youngster:- 50-30-20 Experienced:- 40-20-40

[@utpalwailong4913]

Very useful advice. But sometimes, one has to look after other members of the family like brothers, sisters and parents, which is usual for many people in our society. In such situations, it becomes difficult to adhere to financial discipline for long duration. For such individuals, financial planning is possible only after fulfilling all family obligations, which may take years. This is also the root cause of many family discords.

[@modellocomotiveworks2215]

Bhai agar 30000 kma rhe ho at least 6000 toh save Kar hi sakte ho na . Humara main focus Jo Hume save Karna hai us per hona Chahiye. Ye 50-30-20 formula jaruri Nahi everytime work late

[@mohammedibubere9352]

Useful advice thank you

[@balu5991]

Right

[@rockydeepk569]

Bhai Utpal is right.. I live in joint family and taking care even my uncle/aunts For us, financial planning looks out of course.

[@lifeisgreat292]

@@modellocomotiveworks2215 o

[@sagarhubale5593]

Hats off to you sir you truly understand Indian need and mentality. . One of the best financial channel

[@AssetYogi]

Glad to hear that SAGAR:)

[@motilalburman5790]

बहुत सुन्दर सरल ढंग से बतलाने के लिए आप को बहुत बहुत धन्यवाद महोदय जी

[@soniasharma9519]

M aapki guidance se savings kr rhi hu sir..bhut khus hu

[@nirajanpradhan5416]

The way you're talking and teaching seems very clear and accurate. Also very genuine. I liked it very.

[@AssetYogi]

Thanks a lot 😊

[@katyn6134]

Love from Kerala... Sir your videos are highly informative and an exceptionally great financial advisor... I followed your tips and I am doing well

[@AssetYogi]

Thanks 😊

[@skr1808]

I'm 32yrs dad of two kids aged 7&3yrs earning 100k per month, staying in own house. I spend only around 20k everything included. So saving 80k monthly mostly, I work part time to fulfill my needs and family wants. So mine is 80-20 rule

[@sarfrajahmad5368]

Wow Management

[@somnathdey213]

Why, do you frustrate others

[@skr1808]

@IndiaTV Hyderabad

[@skr1808]

@IndiaTV definitely not, but im trying my best

[@batman_2004]

Upper caste?

[@sachinjangid5379]

I am following the same...since long back...but... today watched this video....Its a good method.

[@MAYANKSHARMA-ns4uh]

Asset Yogi Bhai gazab ka vdo hai..Mai bhi beginner hu, ab kuchh kuchh smjh a rha hai kaise aur kaha invest karna hai. A big thankss from this side

[@AssetYogi]

Watch the master investor series: kzbin.info/aero/PLSiDKpku4U_Wvz5h6sGLRVnXjx42zqqGb

[@mustanggt5713]

Excellent , eye opening content. I regret making huge financial mistakes in my younger days.

[@AssetYogi]

Keep learning

[@noobmaster9982]

can you pls share your experience?

[@mustanggt5713]

@@noobmaster9982 Bought unnecessary things, indulged in a carefree life. Never saved a penny. Always lived pay check to pay check. Took loans for wants more than for needs. Maxed up credit cards. For many years , I was in that trap facing extreme difficulty to make even minimum payments. After much struggle and pain , I was finally able to get out of debt. I am much wiser and have made it a point to live my life within my means and save+ invest regularly.

[@noobmaster9982]

@@mustanggt5713 thanks for sharing your experience

[@mustanggt5713]

@@noobmaster9982 Welcome and good luck. Be wise 👍

[@syedazeem5990]

Wish I had a guidance like this in my younger days, when I started my career.

[@ravithapa9314]

Jab jago tab savera Please follow it , we can’t reverse time

[@asma4082]

Intrest haraam h bhai, allah bahut raheem h

[@ravithapa9314]

@@asma4082 madam interest is basics of economics you can’t avoid it and you must relate economics with religion

[@naresh2685]

@@asma4082 haj yatra govt ki subsidy se krna bhi haram h... Lekin bhi log ye kaam krte hain harsaal

[@balemkarap5090]

@@asma4082 😂

[@vijendrakhemnar]

Pata to tha ye sab par jis tarike se aapne samjhaya hai, wakai lajwab hai !!! Subscribed to your channel !!!

[@AssetYogi]

Thank you for appreciation 😊 Hope it helps

[@premsahni6170]

Sir apko jb se dekhta hu meri life hi change ho gyi ...thanku ...sir

[@AssetYogi]

Keep learning Prem :)

[@omranpara3598]

I'll start with this 50-30-20 Rule for sure👍👌...Very convincing rule👍👌

[@aditisharma9666]

Thank u so very much sir...u really respond to comments and address the issues asked by viewers .its very helpful..hats off to ur effort n clarity of finance..u make the things look so easy

[@aditisharma9666]

Sir i have seen ur video that if u rationally invest in stocks of companies it might yeild u better returns...my question is "as beginner how shud i go for it" i have academic knowledge of financial management and want to learn practical application...so what are the basic fundamentals to be looked while investing in shares

[@ranjitaakle955]

Ok sir good idia .meri 33000 munthly salary me se salana 50000 rs bima or 3000ppf me chala jata hai Aadhi salarly mere ghar deti hu Aapne achcha idia diya ab mai 12000 ghar dugi or 12000 save karugi or 6000 me ghar kharch k liye ..

[@GOLAMAQUADIR]

Good mam

[@Damorvikash76]

Good

[@robinpandey2622]

Very nice

[@poojapackers8838]

Ranjita Akle

[@IsmailShaikh-bk7sw]

Impractical things

[@akashkrjha796]

Thank you so much sir. I am 20 year's old and this information is beneficial for me.

[@AssetYogi]

Keep leaning :)

[@mihulnarang3738]

God Bless Akash

[@taranjeetsingh424]

I always take notes from your vedio In my Google Keep account for future Because your Vedio are like Teaching Genuinely.

[@Thetaleswithin]

Sir. I can't tell you how important this video is. My experience in life...I started making money like ten years back and yet I don't have money in my savings because I did not follow this discipline. Many people won't ever get interested in this because they think this is not needed. I have recently joined a government job and now I am planning on to save money. Thank you so much sir for this video.

[@malicknak1861]

mukul Sir, kindly advice on investments which are not interest oriented..like bank deposit and LIC... and shares also...

[@kishorturure3748]

I have stared already this method from last two years ago & i have save 2.5 lakh rs through pf rd & mf

[@rakeshverma6106]

mind blowing sir, i have started following your advice, its really helpful. thank you

[@hanwatji9832]

Option trading kar rahe hai too buy karne main rejected kyo hoo rahaa hai sir ji option trading equity mai yaa commodity dono maise kisme karte hai sir ji batne ki kripa kare sir ji

[@KritikaKhandelwal2105]

I have no words for you. Just LOVE the way you explain. Thank you so much for the knowledge 🙏

[@AssetYogi]

Keep learning Kritika

[@DineshMandiwal]

Right 👍

[@NishaSingh-hq2ur]

Sir apke smjhane Ka tarika kafi Acha h..Nd asani se smjh me AA Jata h... thanks sir.

[@AssetYogi]

Thank you Nisha 😊

[@punampaine2864]

Great ideas boss awesome. You tube pe pehli baar kuch knowledge ki cheeje dekhne ko mil rahi h . Something different.too good brother. Fan bana diya boss humko

[@shivanimansotravlogs]

When it comes to investing, nothing will pay off more than educating yourself. Do the necessary research and analysis before making any investment decisions.😊😊

[@naredkumawat2330]

आपकी विडियो बहोत बहोत अच्छी लगी है धन्यवाद

[@AssetYogi]

Keep learning Nared

[@shankardev2382]

Thanks sir aaj mera aankh khul gai

[@DipankarDas-qt4zx]

My age 25 , State gov employee , Salary 28k , i started my investing through SIP from the first month of joining . I invest 19k per months on various type Equity fund , debt on fund 60:40 ratio .

[@komalkful]

Waao grt

[@ajitkumar-cr9oe]

How much u saved

[@dipankarpatil3969]

A true guide ... In each and every video of yours we can learn something New... Hats off to you sir

[@anishhirlekar1033]

Explained in a very simple manner. Thanks a lot for this very valuable video!

[@AssetYogi]

Keep learning 😊

[@roadrush88]

The PF amount which is deducted at company level, should it be added in the our investment section percent ? And hence should we include the PF amount in our monthly Income ?

[@sawarkarashish]

@Asset Yogi : Thanks for all your suggestions. I understand 40-20-40 rule.. I have one question. Where should in put My term plan and my health insurance. Like in needs or investment or wants??

[@healthwithherbs7587]

Dear Sir, can you make a video on "Role of Private Financial Institutions" like those institutes who provide or offer their services to businessmen, in shape of LCs, SBLC, BG, etc . What are they, what are their authenticity, credibility. How they work. I want to know complete introduction and working procedures of those institutions.

[@AssetYogi]

Topic noted for future videos.

[@bkyogi9123]

Ro

[@souvikbose6105]

I am huge fan of yours and student as well.....sir love u😚😚😚😚❤️❤️❤️

[@bewisereveryday]

I love the way you explain things, Mukul. I have binge watched your videos and learnt a lot. I am going to follow your suggestions and hope to learn good financial practice. Hats off to your understanding.

[@AssetYogi]

Thanks for appreciation 😊

[@sethsahil56]

40:20:40....is best...Sir 40% savings mein v further long term savings short term savings ka video banaiye...like...agar koi medical emergency aa jae...to Shares, mutual funds, etc ko close karna sahi nai hai...to that time FDs will work...

[@AssetYogi]

Noted.

[@misstanu654]

Thank you for this Very Useful video I'll start from this January ❤

[@abhishekgore8668]

I saw your many videos, it was nicely explained and I am happy after implementation these ideas, youngsters must see this videos.

[@shubhambansal3480]

I started watching your videos from 2020 your videos are really very helpful and knowledgeable keep making this kind of videos thank you !

[@vishnusharma8789]

Considering salary increment which happens after 5 years or more of work experience. With that due time rises inflation, prices of goods increase and the items which could have been purchased for 10k 5 years back now will cost 16k. So there is no overall impact on standard of living, in fact it may decrease in case inflation rate has increased exponentially.

[@AssetYogi]

Generally speaking you should be able to beat inflation with your higher skill sets and experience level.

[@arvindsharma7058]

बहुत ही बढ़िया फार्मूला है सर जी सेविंग का🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏

[@harshlakhani8856]

18 right now and saving since last 3 year's your video motivate me and am learned alot of things ❤️🙏🏻

[@heart1163]

How much u saved? And what u did with savings?

[@komalkful]

Great sir i m start saving after watching this

[@AssetYogi]

Good to hear that :)

[@panwardeepak79]

जबरदस्त sir😊😊👍👍👌👌💐💐💐,बहुत he acha वीडियो😊😊😊

[@pawankumarmishra8120]

Excellent video for young and Service ,Government and private company salaried persons

[@premsahni6170]

Wah...kya baat hai jeene ka tarika hi badal diye sir

[@AssetYogi]

Hope you like this video :)

[@sunainadeen9239]

Thanks for sharing...sir.... becoz I hv already no idear how I manage my money..I m a govt employee

[@tamenemi7192]

Sir thank you for giving such a nice advice god will bless you.

[@motohound81]

Sirji I am 35 years old, salary 30k+ but due to personal problems no savings to my name...what should I do now for financial freedom... where and how should I invest and save...?

[@4umahin]

Very important video...I wish ye video mene 2014 me dekhi hoti..

[@jaswantsinghbhandari5138]

Thank you so much sir mujhe aisa lag raha hai aapane yah video sirf mere liye hi banaya hai thank you so much 🙏🙏🙏👍👍👍💐💐💐

[@AssetYogi]

Keep learning Jaswant

[@pannathakur6449]

Thank you Sir....aapka Gide karne ka tarika bhaut achha h.....

[@AssetYogi]

Thanks 😊

[@RAVITILEKAR]

When you are increasing the income with time and increasing the savings, you missed the inflation rate! Example Needs increased from 10k to 16k but over the period of time things gets expensive, inflation needs to be considered, so the lifestyle would almost be the same, it wont improve by increasing the amount.

[@mohammednabi6168]

Very true mengaayi ki aaj koi bhi baat nhi karta and about unemployment

[@RAVIKUMAR-vd9kf]

Mere paas ,HDFC or ICICI personal loan , 1 credit card h, me. Credit card amount ko easy EMI me convet karu to Kya Mera CIBIL negative hoga?

[@raghavthakur19]

No... Time period Emi pay karte rahiye... Or galti se bhi delay nhi Karna...

[@kartikparihar288]

He missed one investment which gives highest return invest in yourself 1000 per month in a book or educational program and you will never have to worry about money again. Else a very nice video.

[@laxsundar]

बहुत बहुत धन्यवाद SIR🥰🙏

[@dr.ankurgoyal4226]

Gd mrng Mr Mukul, ur videos are very informative, to the point and with crystal clear concepts. I am a big fan of urs. Wud like to meet u whenever possible. Great channel made by you sir . Have seen many videos of ur channel but commenting first time.😊🙏👏

[@ayanthe90smusiclover61]

40 % Needs 60% Savings According to ur Earning suppose if u r earning around 30k then you can fix that Ratio But if u r earning around 20k then go for 50% for needs nd remaining 50% For savings but definitely you will have to save something for ur future bcz in ur bad time No-one is going to help u but ur savings will do for sure Nd you r right sir Thank u😊

[@ToxicGaming-mk4bi]

I am 24 years old and earning 3-5 lakh a month from my marketing business. When it comes to financial management, I am zero and I am hardly seeing any clear picture of how should I manage all stuff. Started investing 30k a month on MF and 10k on gold. Watching videos like this to be financially literate and build a firm financial base♥️♥️♥️

[@arifashaikh4440]

How

[@sanjeevloke]

Don't put all eggs in one basket . If you have 30K per month for investment then put 15K in Index fund Mf,put 6k in post office RD,6K in PPF ,3K in NPS.

[@kuldeepchouhan1378]

Thank you sir Your video is so useful for systematic investment. 👌👌👌👌👌🙏🙏🙏🙏🙏

[@AssetYogi]

Most welcome

[@jitendramehta6644]

Very nice guidelines about save your money for future

[@manishmahi1696]

Sirji thank you very much 😊

[@AssetYogi]

Most welcome

[@biswaoram6630]

Excellent financial guidance. Thank you sir for your most valuable guidance.

[@AssetYogi]

You're most welcome

[@hotchpotch349]

you included EMI in needs... EMI itself is a large chunk of salary, dies it really fit in the 40% bracket?

[@sagirshaikh8160]

Ya EMI takes everything 😭

[@mayanknamdeo2044]

my recommendation would be to everyone never go with emi which is more than 30% of your take home salary and 40% in case of all loans including car, personal, etc...yes i agree with you in this 40% for wants not match the budget so as per my understanding once you taken Home Loan then customize rule by 60-10-30 or 60-20-20 rule depends on how much %age u keep on investing but 60% is good for needs So lets say if your salary is 50 then don't go beyond 15 EMI for Home Loan likewise calculate your budget Hope this info will help everyone

[@ronydaniel6446]

A must watch video for both young and experienced alike!!! All the very best to you.

[@subhashodedra4978]

Aapne sahi btaya mukul bhai

[@sadikkhan-pd1dq]

bahot hi asaan bhasha me samzaya sirji..... very good

[@AssetYogi]

Dhanyawad 😊

[@KingshukBhaskar]

Where should I place my Insurance ? And how much per month premium will be ok for insurance (term+health)..

[@manpreetsingh-xp6nd]

5000

[@cooldude4880]

Sir.. your videos are very helpful. I am a student as well as a farmer. Plz make some videos for the ppl like me who belong to farming profession. Plz suggest some ways to save money. Hope u will definitely make some videos on this topic .

[@kshukla18]

Sirji, what about kids fees, nowadays the education expenses are approx 20% of the earned salary..

[@divyanshyadav5932]

खाना से ज्यादा तोह education महगी हो गयी सर

[@5699_spacex]

You can send to Modi government school...

[@jogindrakumar9067]

Very good explanation.. सर मुझे अभी भी MF और ELSS में confusions हैं... क्या MF की ही एक form है ELSS... जैसा कि आप ने अपनी वीडियो में बताया कि ELSS का locking period 3 years होता है तो क्या 3 साल के बाद इसको redeem करना compulsory होता है या नहीं दूसरी बात जब SIP की बात करते हैं तो क्या ELSS भी SIP ही है या नहीं क्योंकि SIP में तो यूनिट cumulative होती जाती हैं तो क्या ELSS में भी units cumulative होती जाएंगी. Please इसको clear कीजिए...

[@tripathi7980]

Expenses or Income ko study ke liye inflation ko consider krna hota hai...... Saving par pura effect hota hai inflation ka

[@manisshthakur621]

Mukul sir, My monthly salary is 20k and my expenses are 16-17k. I already have an emergency saving fund of 6 months. Where should I invest now especially on a monthly basis? Please reply!

[@amazingfriends3075]

sir aap kitna accha bolte or samjhate hai ..very nice

[@AssetYogi]

Thank you so much Shyam.

[@KeyKnowledgeofficial]

Wao thsnk you sir This thing was coming in my mind but your videos clear all doubt thank you one's again

[@AssetYogi]

Glad to know that you found the video helpful Key

[@gourabchakraborty4193]

Very good explanation. Salute to you sir. Very nicely Strategics and explanation.

[@AssetYogi]

Thanks and welcome

[@neerajmachal2070]

Dear sir ji saving karne ke liye income hona jaruri hai kai kare?

[@cjxjchcjg1811]

Man is not robotic. Sudden mischievous facts make a man mad.

[@skyline7299]

Sir total saving ki ek hi videos banaiye. Jisme fd, pf, etc. For 18 year goals

[@AssetYogi]

Topic noted for future videos.

[@kishankrishanmishra1437]

Plz tell how to manage for further study with job along with family investment

[@parth8730]

Knowledgeable video..hats off you sir..

[@AssetYogi]

Thanks Parth