Will reading "Rich Dad Poor Dad" by Robert Kiyosaki make you rich? Does Kiyosaki's advice work in India? Or is it too US-centric and not very helpful for Indian readers?
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Ravi was just 15 when his father passed away, leaving behind a grieving family and a mountain of debts. The quiet lanes of his small village in India echoed with whispers of pity, but Ravi's eyes burned with determination. He knew he had to become the man of the house, though his mother’s tears and his younger sister’s hungry cries haunted him. Ravi juggled school, part-time work, and countless sleepless nights. His books were often smeared with the grease of the mechanic shop where he worked to make ends meet. When most kids his age dreamt of cricket, Ravi dreamed of balance sheets. He knew becoming a Chartered Accountant was his ticket out of poverty. Despite financial struggles, he studied under streetlights, battled self-doubt, and faced countless rejections. Years passed, and after what seemed like a lifetime of hardship, Ravi cracked his CA exams. The day he received his results, he ran home, tears of triumph streaming down his face. But Ravi wasn’t just content with passing; he had his eyes set on the top. Fast forward a decade, and Ravi is now the CFO of one of India’s largest companies. His journey from a struggling village boy to the corporate boardroom is nothing short of a thriller, filled with sacrifices, resilience, and unyielding hope. Ravi’s story is a testament to the power of perseverance. His journey reminds us that no matter how dark the night, the dawn will break. Share your thoughts and leave a comment below! #humanresources #motivation #finance
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Finally a Quotient of ability more essential, measurable, useful and practical than IQ or EQ - your Fi Q (c) for the very first time in human history and the history of money. Also called Sense X (c). Get this book and learn all about your Fi Q (c) #personal #finance Numerals and zero originated in India Sense X (c) also originated in India If you are proud of this share and like and comment , if not please ignore
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The government will give Rs 71,82,000 to a girl child when she turns 21. 🚀 Yes, you might not believe me but the Indian government is actually doing it. It is possible under the government scheme Sukanya Samriddhi Yojana. This yojana was launched on January 22, 2015, by the Modi government. It was part of the Beti Bachao Beti Padhao Campaign. Want to understand how this scheme works? Let me explain it to you. So, basically under this scheme, you can invest Rs 250 to Rs 1.5 lakhs annually for 15 years. This means if you invest 1.5 lakhs annually for 15 years then: Your daughter will get a maturity value of Rs 71,82,000 when she turns 21. 🎯 You can make this investment either in the bank or at the post office. Eligibility Criteria: The age of your daughter should be below 10 years. Additional facts that you must know about this scheme: ✅ The Ministry of Finance has increased the interest rate from 8 to 8.2% for this scheme from January 2024 ✅ Both interest and maturity value are tax-free Government's objective is to encourage families to invest in the education of girl children and also save for their marriages. Save this one if you have a daughter below the age of 10 years and follow Ashna Tolkar for more such finance schemes. What investments you have made for your daughter? #womensday #investment #girlchild #governmentscheme
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A new year is like a fresh page in a book. So hold the pen my friend and create a wonderful tale for yourself. Happy Financial New Year 2024 #financialyear #finance #newyear #indianday #maisindia #mais #india #explore #explorepage
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HAPPY NAVRATRI AND DURGA PUJA let's celebrate and take oath for this year to 1:Take knowledge of various sources related to our field of tax,law,GST, investment and audit,so that goddess Maa MahaSaraswati will bless us. 2: Make investment and take a note on the stock market and economic development of the economy also be a disciple investor and make necessary investment opportunity and try to invest in your self to become a best wealth manager of your funds so that goddess Maa Mahalaxmi will bless us. 3:Make a promise to yourself to deal with anxiety, stress and depression and learn to take care of our mental health so that no ca student and future ca will not commit suicide because of work pressure and learn to say "no" and make so strong Personal as well as professional boundaries for yourself so that we can avail the blessings of goddess Maa MahaKali. #ca #growth #knowledge #power
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In India, *discussing or writing a will* often remains a taboo subject, yet it is a crucial financial and legal step that should not be overlooked. Drafting a will is often seen as a financial necessity, but its importance extends far beyond finances. The emotional and legal complexities associated with making a will can be overwhelming, causing many to shy away from this critical task. Creating a will is simpler and more accessible than many realize. Despite its simplicity, it’s important to acknowledge that wills can be contested, potentially leading to family disputes. Why Wills Are Contestable: >>If the testator (the person who made the will) was not of sound mind when creating the will, it can be contested. >>A will can be challenged if it is believed that the testator was coerced or unduly influenced by someone else to make or alter the will in their favor. If there are suspicions that the will was forged or fraudulently created, it can be contested. >>For a will to be valid, it must comply with specific legal formalities. In India, a will must be in writing, signed by the testator, and witnessed by at least two individuals who also sign the will in the presence of the testator. Failure to meet these requirements can make the will contestable. Many people believe that talking about or preparing a will is an omen or a way of inviting death. This superstition leads to avoidance of any discussion related to end-of-life planning. People often find it uncomfortable to confront their own mortality. Writing a will forces individuals to think about their death, which can be distressing and lead to avoidance. Writing a will may bring up issues related to family dynamics and potential conflicts. People may avoid making a will to prevent disputes among heirs or because they do not want to face difficult decisions about asset distribution. Many people believe they have plenty of time to write a will and postpone it indefinitely. This procrastination is often rooted in denial about the inevitability of death. Breaking the taboo around writing a will is essential. It’s a proactive step to protect your family’s future and ensure an orderly transfer of assets. Don’t wait—secure your family’s financial future today. #estateplanning #writingawill #clientassociates
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It's one of the best feeling ever!!!❤️🥺 CHEERS TO MORE EARNINGS AND FINANCIAL GROWTH!💰 Share this reel in my DM to Know details✔️ To know more, check ig profile! @workwithpurva @purvaduaa #alwayslearning #learnandearn #trend #online #moneypower #financialsupport #to #parents
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Middleclass can barely survive in India... Blinkit recorded 'order / minute' of 693 before Rakshabandhan. What does it say? 1. Small Medium Businesses are taking the hit yet again. 2. Surely reflects on behavorial change. 3. The economical gap is increasing. At this rate middle class will either have to pivot and push themselves up or get wiped out. Share your thoughts... #Blinkit #middleclass #money #festivals #economy #income #finance #record #SMB #India
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Money is often the reason we stay in jobs we don't love, but understanding how money works is crucial. Check out The 1% Club's brand film, highlighting the importance of financial education. Sharan Hegde 👏👏👏 #second #anniversary #finance #freedom
If I transferred INR 10 Crores to your bank account would you still go to office tomorrow? More than 90% of people would say “No, I’ll start something of my own and be my own boss” The truth is most of us don’t like our jobs but do it only coz it pays the bills. You are forced to work at companies that pay you the highest salaries not because you want to but because money controls you. Even if we divided all the money in the world equally among 8 Billion people, the world would still go back to how it is today. Survival of the fittest is the law of the jungle and in today’s world if you don’t know how money works then you’ve already lost. Unfortunately, this is conveniently not taught to us in schools and that is the reason I created The 1% Club. We are currently India’s only and largest school of Money with over 50,000 members and on our 2nd year anniversary we are launching our first ever brand film. Hope you enjoy it as much as I enjoyed creating it. P.S. this took us 14 hours to shoot! Credit - Bare Bones Collective #second #anniversary #finance #freedom
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