Posts

Showing posts from May, 2024

What are some unwritten rules of everyday life?

  Always return borrowed money ASAP. When you are going to stay at someone's place, buy some sweets or snacks for them. While making a small talk with someone you just met, if you ask where they live and they just tell you the area and not exact place, don't be creepy and ask, “Yeah but where exactly at xyz colony/ street?” Don't ask people you just met too many details about their family. Don't ask questions that'll lead to conclusion about someone's financial state. For example, don't ask people their salary. While talking about someone, if you find the other person ignoring the question or if they seem uncomfortable, just change the topic. When you see someone cry, always offer them water. When you see a crime happening or if you land up at the place after something has happened, inform the police. Call the ambulance when you witness a road accident. Help the victim if possible. When you borrow someone else's vehicle, fill the petrol tank before retur

What is the best financial advice for young people?

Image
  Advice that anyone can take. You can take these advises even if you are 70 of just 17. Don’t invest in Materialistic flashy things Car : Don’t spend more that 10% of your income on your car , its never gonna add more money to your bank account . Don’t invest even if you have loads of money Mobile : Times have changed , no one really cares what phone you use . If you have friends who intrigue into buying expensive phone , you probably need to change friends. Parties : Alcohol and cigarettes are expensive and does no good to anyone . Wanna have fun , just go for a trip instead of parties , trips are worthier . Online shopping : When you have to buy something , just go and buy only that thing , don’t peek into things you are not gonna buy . Savings : Spend what you have after saving and not the other way round. Investment Mutual funds : Invest regularly Stocks: Invest but not before having knowledge. Properties : Invest when you need it the most. Invest in Intellectual properties: