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00:00:00 Importance of saving money
00:02:01 The difference between being frugal and greedy
00:03:50 How saving money can help you become rich
00:05:00 Living within your means and being prepared for uncertainty
00:07:52 Managing finances with multiple bank accounts
00:09:17 Tracking income and expenses
00:12:28 Four asset classes for investment
00:15:12 Mutual funds and other investment options, Post office investment plan
00:17:58 The necessity of investing in the market
00:20:00 Boswala app
ಬ್ಯಾಂಕ್ನಲ್ಲಿ ಹಣ ಇಟ್ರೆ ದಡ್ರು, ಇಲ್ಲಿ ಹೂಡಿಕೆ ಮಾಡಿದ್ರೆ ಬುದ್ದಿವಂತರು Secrets of Money Making | Rangaswamy Mookanahalli Explainer
Learn how to save money and invest wisely! Financial expert Rangaswamy Mookanahalli explains why you shouldn’t call savers “stingy”—saving is a smart habit. Don’t spend on unnecessary things; focus on essential needs. Start investing with as little as ₹500 in mutual funds or government bonds for better returns than just parking money in the bank. Build future security by dividing your accounts into income, expenses, and investments. Keep learning about finance—financial freedom isn’t about earning crores, but making your money work for you. Good saving habits and smart investments can help anyone achieve their dreams and grow wealth!
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DISCLAIMER
We are not SEBI Registered and this video is for educational purposes only and should not be considered as financial advice or an endorsement of specific investments. It is essential to conduct thorough research before making any investment decisions.
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