2 Simple mindsets to Develop a Habit of Saving regularly | पैसे बचाने के दो सरल तरीके

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Saving regularly is the most crucial part of investing. If you can't save you can't invest. So investing inherently requires more than just knowing 'How to invest'. You can know a LOT but not implement it because of not having the necessary habits to carry out the planned action, so in that sense, the habit of 'saving' is so so critical.

These two ways can help to form a habit of saving (there can be many more..)

1. Compare Present 'happiness' and 'utility' of buying something VS. If you save and invest that money what will be its future value - 10,20,30 years from today.
2. Save 10% of your Income no matter what. Consider this 10% an extra Tax the government has levied on your income.

Furthermore, It is also recommended that the viewers watch the Mutual fund series, if you haven't already seen it :

https://www.youtube.com/watch?v=8CYgD...

Website : www.varunmalhotra.co.in

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Instagram : https://www.instagram.com/varun.malho...

Stock market for beginners : https://goo.gl/LQEhPp

The Truth about the Mutual fund industry : https://goo.gl/Gouv4Y

Disclaimer: All videos/comments and all other forms of communication are for educational purposes only and should NOT be considered as INVESTMENT ADVICE. The company (EIFS)/or any individual representing the company shall NOT be held liable for any loss suffered in any form by a student/youtube viewer/member of the public. Any information provided through our videos/classes/comments/social media posts or any other form must NOT be considered Investment advice.
Category
Financial Education

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