Top 5 Finance Lessons from 2023 - By AssetYogi

We are about to wrap up 2023. It was quite an eventful year, including the Russia-Ukraine war, rising interest rates, and the rise of AI, that had a major impact on the global economy and on individual finances. What financial lessons did we learn this year?
In this video, we'll discuss the top 5 financial lessons of 2023, which will help you better manage your personal finances in the years to come.
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0:00 Intro
0:49 Important Announcement
0:58 Lesson No.1
4:14 Lesson No.2
6:46 Lesson No.3
9:30 Lesson No.4
11:56 Lesson No.5
About the Video
Global economic instability requires financial planning. Measures such as building an emergency fund, avoiding unnecessary purchases and diversifying investments ensure financial stability during these uncertain times. In light of recent events, such as war, interest rate hike by the RBI, it is important to make financial decisions to safeguard your financial well-being.
With the rise of AI, people are afraid that multiple jobs may be displaced but it also opens up new opportunities and hence continuous upskilling is paramount to financial growth. Also, in this dynamic world it's necessary to make financially sound decisions and not get easily influenced by Finfluencers, as some provide stock recommendations without any certifications or lack proper credentials. As investors, we should be a little careful while listening to Finfluencers. In today’s world, financial frauds are everywhere. From fake SMSs to job scams, be cautious of offers that seem too good to be true, avoid clicking on untrustworthy links and never share your OTP or PIN to anyone.
In this video, we’ll going to cover the following concepts:
1. How to manage finances during an economic crisis?
2. How to manage loans with high interest rates?
3. Will humans lose jobs to AI?
4. How do we keep ourselves relevant in the age of AI?
5. How do we avoid online scams and frauds?
6. How to build an emergency fund?
7. How to create a budget?
8. How to manage debt?
9. Why should we diversify your investments?
10. How to protect yourself from cybercrimes?
11. How can I protect myself from being scammed by finfluencers?
12. What are the best ways to improve your financial literacy?



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