Why saving money is important? | Save early, Save better | Personal Finance for beginners Ep - 4

  Рет қаралды 28,089

Zerodha Varsity

Zerodha Varsity

Күн бұрын

Welcome to Episode 4 of Personal Finance for Beginners! In this episode, Karthik Rangappa sheds light on the power of savings. Learn why saving is crucial, the perks of starting early, and simple ideas on how and when to get started on your savings journey. Karthik takes the complexity out of savings by simplifying fundamental equations in a way that's easy to grasp. But that's not all - he dives deeper into the practical side, discussing how a little lifestyle adjustment can pave the way for better saving habits. Join Karthik as he navigates through common mistakes and debunks the reasons people give for not saving now. Dive into the video now and let's make savings work for you!
Time Stamps
00:00 Introduction
00:32 Fundamental Savings Equations
02:13 Common mistakes when it comes to savings
02:43 Importance of Savings
03:54 Benefits of saving early in life
04:35 Where to save money?
05:18 Conclusion
Links to Refer
Learn What is an Emergency Fund? How to build it? Personal Finance for Beginners Ep - 1
• What is an Emergency F...
Learn Common mistakes while buying life and health insurance | Personal Finance for Beginners Ep -2
• Common mistakes while ...
What is Debt Trap? Common mistakes to avoid while taking debt | Personal Finance for Beginners Ep - 3
• What is a debt Trap? M...
Learn more about investing and finance here:
zerodha.com/varsity/modules/
Other Important Links
You can put your stock market knowledge to the test by taking the Varsity Certification test here: zerodha.com/varsity/certified/
Open Zerodha Account - zerodha.com/open-account?c=ZM...
Social Media
Twitter - / zerodhavarsity
Instagram - zerodhavars...
#analysis #investing #finance #stockmarket #financialeducation #varsity #zerodha #personalfinance #savings #save #early #investments #mutualfunds
Featured Playlist
Beginners Guide to Personal Finance
• Mutual Funds Investing...

Пікірлер: 47
@whytushar
@whytushar 4 ай бұрын
Started investing just before my 24th birthday, have around 2.5L portfolio diversified across equity (direct + MF), debt & gold (SGB). Kept around 1L in my savings account as an emergency fund. Bought a nice health insurance and life insurance as well! Hoping to grow it upto 5-7L this year. :)
@goolqui
@goolqui 4 ай бұрын
Bravo 👏
@AnuragYadav-ew5so
@AnuragYadav-ew5so 4 ай бұрын
How to choose genuine health insurance and life insurance please guide brother 🙏
@goolqui
@goolqui 4 ай бұрын
Ask beshak or ditto. Both are good.
@Amar_Deogharia
@Amar_Deogharia 4 ай бұрын
All the best
@shek26
@shek26 2 ай бұрын
@@AnuragYadav-ew5so Use Ditto. They are good.
@infovasuchannel8282
@infovasuchannel8282 4 ай бұрын
Honestly never seen such a high quality video at zero cost &. Zero ad ... Feels sooooo good 🎉
@varshniveralevel8347
@varshniveralevel8347 4 ай бұрын
What do you mean by no ad's? I saw an add on this video
@infovasuchannel8282
@infovasuchannel8282 4 ай бұрын
@@varshniveralevel8347 oh that's strange ... But as far as i remember i have not seen a ad while I'm on varsity channel (that's bcoz zerodha has turned off monetization )which stops ad on a channel & I'm here for a year ... If I'm not wring 5 to 10% times this may happen due to KZbin's greed on money so they show ad without the interest of channel owner (zerodha )
@drarunaj
@drarunaj 4 ай бұрын
​@@varshniveralevel8347KZbin Premium
@sm_artx
@sm_artx 3 ай бұрын
I started saving at 19 years old (back in 2014) but started investing only in 2022. Currently, I have an emergency fund of around 6 lakhs and investments across various financial instruments worth around 10 lakhs. Working as a freelance writer, I often go through periods of financial downturn but I'm almost never affected by them, despite being the sole provider for my family. Planning early saved me.
@shravankumarrapolu1250
@shravankumarrapolu1250 4 ай бұрын
Rangappa anna Thumba chennagidhe video Zero ad and true content Hats off to Zerodha
@rsronny222
@rsronny222 4 ай бұрын
You guys are doing great work❤ Thank you karthik sir😊
@lakshmanannarayanan7254
@lakshmanannarayanan7254 4 ай бұрын
Great video very on to the point and clear ❤
@deivas1425
@deivas1425 4 ай бұрын
Very good series for the financial literacy 🙂 Thank you Zerodhat Varsity team and Nitin & Nikhil Kamat.. 🙂
@sreelakshminair4970
@sreelakshminair4970 16 күн бұрын
Amazing video !just what I was looking for 😊
@RayanVeer-xi8cc
@RayanVeer-xi8cc 4 ай бұрын
Sir great work. And please share more videos
@Amittraajpoot
@Amittraajpoot 4 ай бұрын
Thank you 😊
@roquemachado5136
@roquemachado5136 4 ай бұрын
Excellent. Keep it up 🎉
@mihirbhatti2735
@mihirbhatti2735 4 ай бұрын
thank you so much😃🙏
@ameyapathak2008
@ameyapathak2008 4 ай бұрын
Always like..😊
@radhikanaik1548
@radhikanaik1548 4 ай бұрын
Too good video
@Swingtradeimplementer
@Swingtradeimplementer 4 ай бұрын
Awsome ❤
@joshuakurien5826
@joshuakurien5826 4 ай бұрын
Good presentation
@user-ef3uq9qe9f
@user-ef3uq9qe9f 4 ай бұрын
Lol , the term "analysis paralysis" was so relatable as well as funny 😂
@peak-naik
@peak-naik 4 ай бұрын
Pardon my savings, but where did you get that hoodie from?
@vineethgk
@vineethgk 4 ай бұрын
Started @ 34 Wasted 6 years of salary without investing Reading the first story in the book 'psychology of money' resulted in starting investing
@Amutharajan7288
@Amutharajan7288 4 ай бұрын
Can you share the pdf form that book
@digitalsevakendra4825
@digitalsevakendra4825 4 ай бұрын
😊 I'm now at the age of 21 and from the last 1.5 years the amount that I saved. Now I am happy to buy my own bike from those funds 😅
@AnuragYadav-ew5so
@AnuragYadav-ew5so 4 ай бұрын
Bhai how you did that can you please guide me
@manjunathr5140
@manjunathr5140 4 ай бұрын
Yet to start saving money
@ameyapathak2008
@ameyapathak2008 4 ай бұрын
Can you make a video on the latest ETF which Zerodha launched LIQUIDCASE.. PLEASE
@HrishikeshAgarwal
@HrishikeshAgarwal 4 ай бұрын
Allotment toh nahi mila ab listing kahin bhi ho kya fark padta hai. Ipo base ka wait karenge
@Bharat0316
@Bharat0316 4 ай бұрын
Sir, provide full functional Excel or Tool on your zerodha where ppl and student can track weekly, monthly , quarterly, yearly, saving, and expenses . Thanks
@rajiv-thoughtlessmind
@rajiv-thoughtlessmind 4 ай бұрын
No judgement, just curious to know where I stand, at which age you started investing in mutual fund?
@cenacr007
@cenacr007 27 күн бұрын
@atulsalunkhe7993
@atulsalunkhe7993 4 ай бұрын
Started Savings at age of 27 with Gold & PPF when my salary was be coming taxable
@BlairRipper
@BlairRipper 4 ай бұрын
Can you guys please update the varsity iOS app? Dark theme is buggy and I can't switch to light theme in settings.
@stockanalysisby_DrA.Padmavathi
@stockanalysisby_DrA.Padmavathi 4 ай бұрын
sir how to get sebi registered Research Analyst please guide me
@rohanpawar8441
@rohanpawar8441 4 ай бұрын
Fund allocation strategy ka video abhi tak nahi aaya sir...😐
@goolqui
@goolqui 4 ай бұрын
2:37 😂😂
@Autohobia93
@Autohobia93 4 ай бұрын
Sir can you tell me the best mutual fund to start sip 5000 rupees for 5 years without loss ❤️  
@kurianbenoy9369
@kurianbenoy9369 4 ай бұрын
Started investing with FDs with gifts from grand parents
@ganeshbharati2310
@ganeshbharati2310 4 ай бұрын
Thanks for good explanation.please try to explain in national language hindi sir.
@sumantpm9874
@sumantpm9874 3 ай бұрын
Thank you for telling him to explain it in kannada ❤ love from nortiee💩😅
@utkarshgupta3614
@utkarshgupta3614 4 ай бұрын
18 yr
@theinfinitytrader1895
@theinfinitytrader1895 4 ай бұрын
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