Knowledge Simplified!
Joined May 2020
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Every year, Diwali comes as a reminder to take charge of fiscal health. The festival of lights teaches us various financial basics that can be implemented in real life to have robust #financialplanning.
Let’s celebrate #Diwali by being financially aware and having a sound life.
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Mahatma Gandhi is known for his ideas, teachings & philosophy of life.
We, as investors can draw inspiration from his life & the lessons & virtues he preached can guide us towards financial wisdom.
Here are 3 FINANCE MANTRAS that we can learn from Gandhiji.
[1/5] Nick Vujicic is an Australian motivational speaker. He has achieved a lot & inspired many people in his life despite being born with a disability called Tetra-Amelia Syndrome (absence of limbs)
Here are 3 TRAPS TO AVOID TO BECOME HAPPY that you can learn from Nick's life.
"The More Grateful I Am, the More Beauty I See.”- Mary Davi
It all starts with a small ‘Thank You’!:)
#worldgratitudeday #gratitude #beingthankfull #thankyou #blessings #positivity #positive #attitude #journaling #writing #beingpositive
[1/7] Having gone to a good graduate program & having worked at BCG & Dalberg, I have had a lot of experiences & have learned a lot from them.
So, here are 3 MINI STORIES from my life with specific lessons that can help you in your career if you can implement them.
[1/8] Traps that are keeping people poor
1. Don't try to LOOK rich-
If you have to take debt to fulfill your needs/wants & want to just show off, then you’ll become financially hollow one day. These days, it is easy to fall into traps like BNPL schemes, Easy credit card & EMIs.
All in all, freedom is the fundamental right to every creature on this earth and one should value freedom as one values time in life.
Let us use the power of democracy to bring the change we want to see!
#Internationaldemocracyday #freedom #finance #skills #upskilling #money
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[1/6] We live in a crazy world with weird structures & streams. So most people will keep on staying in the middle class & can not migrate to the rich category.
So, here are 3 STRATEGIES to follow to migrate to the rich/ultra-rich category and generate massive wealth.
[1/9] 1. Live off INTEREST & Not PRINCIPAL-
- Create a corpus which can earn you enough interest to take care of your monthly expenses adjusted to the city & lifestyle inflation
(For ex- a corpus of ₹2Cr in a Bank FD at 5% IR, can give you ₹10 lakhs/yr as interest income.)
[1/7] 5 Simple rules to make ₹1Cr
1. Malcolm Gladwell’s 10,000 working hour rule-
- Spend 8 hrs/day to become competent at any skill to be in the top 5%
- Wide range of skills can be learnt in 400-500 hours & go a long way once you master them. e.g. Video Editing
[1/7] One of the best ways to grow in life is to upskill yourself by taking up courses/degrees that would help you increase your earning potential.
So, here are 5 COURSES that you could consider taking in 2022 to increase your earning potential and become financially successful.
Financial literacy is the most critical skill required to become successful in life.
So, on this #InternationalLiteracyDay let's pledge to learn about finance & spread financial literacy to create a more educated society with a future full of knowledge, wealth & success :)
Frameworks Used By High Achievers!
[1/5] Right from Socrates to Jeff Bezos, high achievers use frameworks to live their lives.
Now let's go through them together!
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Happy Teacher's day to all the teachers who have been role models for their students & have put in a lot of effort to bring out the best in them :)
#akshatshrivastava #wisdomhatch #happyteachersday #teachersday #teachersday2022
Should you buy a credit card?
[1/6] It is not uncommon to see every second influencer on the internet promote the use of a credit card.
Discounts, cashbacks, and a gazillion other perks make them sound really tempting.
But, how amazing are they REALLY?
#creditcards
The #economics of #TikTok
One the world's top-5 most downloaded apps in 2019, Tiktok was recently banned by the Indian govt.
How strong is its user base and what is it revenue generation model?
bit.ly/38Ky24i
#TiktokBannedInIndia #WisdomHatch
#Power and #PowerEquipment Sector
The #IndianGovernment recently put a ban on imports of power equipment from #China and #Pak. This to boost domestic production, to become #AtmaNirbharBharat, and ensure #cybersecurity
bit.ly/2ZZ2DXZ
#wisdomhatch
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Indian #Space is all set to open its doors to private entities. With the enactment of Space Activities Bill and setting up of IN-SPACe, rapid #innovation with reduced costs is expected in the industry.
bit.ly/2CfPFwS
#wisdomhatch #IndianEconomy
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India's Model #BilateralInvestmentTreaty
The need of the hour is greater inflows of #FDI, to combat the economic recession.
So, a more balanced #BIT model must be adopted to ensure the trust of foreign investors.
bit.ly/2O4ZcJF
#wisdomhatch
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The #TrumpAdministration had recently imposed a temporary ban on #H1B and H4 visas.
How will it impact the #Indians and #IndianEconomy?
bit.ly/31Pn2RO
#wisdomhatch
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