Techie News

  I am a salaried employee and here are where I invest my money health insurance -  hospitals are costly . They drill a hole in your pocket . Buy health insurance right away for everyone in your family . life insurance-  another important investment . My life insurance is done by my company , I took another insurance from TATA AIA Both these insurance can be claimed while filing an ITR . FD -  I have this simple rule . I save some amount every month in an account I do not have a debit card for . As soon as my savings hit 50k , I make a recurring FD of that money . I haven’t decided how or when I will use it , but I’m just doing it RD- start  an RD of as much money you can easily shell out of your pocket every month . Since I have no specific goal, I just chose an RD which gives me the best interest rate , without having a time frame in mind Emergency fund  :  The goal is to have an amount that will take care of your monthly needs for a period of 3–6 mo...

F irst you have to know the some basic terms:- EQUITY MUTUAL FUNDS:- means basket of stocks, which is managed by well qualified funds manager for their management you have to pay some fees, which are called as expense ratio.. you can invest into mutual funds via two mode which are as:- A. SIP B. LUMSUM in sip, you. can invest your money on regularly, fortnightly and monthly basis in lumpsum, you can invest your money in one time.. i recommend you, before doing investment, below mentioned points you have to clear:- A. know your risk apatite B. decide your investment as per your risk profile C. clear your goals, as per your investment D. are you willing to take risk for more return historically seen that if you stay more than 7yrs, there are 99% chance that you will get positive return over a period of time… but seen that more than 50% people take out his money form mutual funds, before one year, reason is that he come to get quick return,… but he forget that investment into mutual funds...

  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...

  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 propertie...

 I was born in a middle class family & below poverty line I've been through the phase where 1. We don't have gas stove to cook food my mom used to cook food on oven. 2. We borrowed rice from neighbors sometimes. My Parents don't even ate sometimes.  3. My father took several thousands of rupees  for the education from money lenders and my mother pawn her jewelry's. We fear of rainy season because my house is full with rain water we used to keep utensils to catch rain water. 4. Me & my brother's never purchased clothes of more than ₹2000 5. We never brought shoes more than ₹1000 6. We had brought our first refrigerator in 2021 & Washing Machine in 2024. 7. I got my first smartphone in 2020, after becoming FTE 8. We couldn't afford a Bike, not even a second hand as my father was a small farmer/auto driver. 9. We brought our first bike in 2024 10. I never celebrated my b'day with my friends in college as I don't wanted to waste my father's m...

 1. Workout: You can automatically look better than 80% of the population by hitting the gym and cutting out junk food. 2. Always keep your word: Do what you say you're going to do! Accomplish your goals, people will pay attention. 3. Control your emotions: Stop reacting to everyone and everything. People who can trigger your emotions have power over you. Choose wisely who you give this power to. 4. Start building your future: Do it alone, do it broke, do it scared, just do it. Learn to sell, learn to invest & chase that money. 5. Don't react: When you don't care or react to the BS, people get scared. They realize they have no control over your emotions. 6. Create solutions: Too many people complain. Create a monetizable solution. Sell it, and make money. 7. Control what you can control: Some shit you can't control, but you can always control how you react to it. Staying calm is a superpower of the strong. 8. Don't give fuck: When you don't care or react to ...

  1. The less you give a damn about what other people think, the more powerful you are. 2. Porn, drugs, and alcohol have no advantages. You get poorer, dumber, and fatter as a result. 3. You still have time to enjoy a good time, but first work on improving your financial, physical, and emotional health. 4. Set out 40 minutes daily to learn a high-income skill, exercise, and meditate, and you'll be unstoppable. 5. Make your financial stability a top priority. Money makes life ten times easier. 6. Your life has been a complete mess because of your "I'll do it tomorrow" mentality. Act now for the future. 7. Have self-respect and never tolerate disrespect from others, not even from your friends. 8. Stop daydreaming about your future and put forth the effort to achieve your goals. Risking is better than regretting. 9. Stop staying in your comfort zone, it will only prevent you from growing. 10. Do not waste your energy worrying. Use your powers to think, learn, create, and...