if your parents are like me you have
been told betta get a job after
graduation and stay loyal to that
company until you retire and the only
financial advice you got was how to
write a check with this golden knowledge
at the age of 21 I became a software
engineer at an IT company that was
literally paying me peanuts the money
was bad salary hike was almost zero work
was birth headache and my growth was
stagnant every month my salary would
barely survive the end of the month but
a girl needs money to study further to
travel to save for emergencies to buy a
house to save for retirement but most
importantly I needed money so that I can
make my own life decisions without
having to depend on someone else we all
talked about gender equality but it will
come only when we first become
financially independent and trust me and
I do have a job is an odd way to get you
that independence and yet I am the only
one in my family who bought a house
before turning 25 and for that you don't
need to work for ten hours every day you
need to make smart financial decisions
and trust me this is something that
every girl should know because not only
will help your career but also changes
the dynamics of the relationships you
are in beat mother daughter or wife
because you will not be treated as a
dependent anymore so girls no matter if
you're twenty thirty or forty by the end
of this video I'll tell you even if you
have more responsibilities low income
dead taxes how you can start investing
now because it's not about how much
money you make it's about what you do
with it but before that if you like what
I'm saying then hit that big fat like
button because that will motivate me to
keep making more videos let's begin
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so ladies you can spend money on two
things sets and liabilities liabilities
are something that take money away from
you like for example if you have a car
you have to pay for its gas it's
maintenance it's not making you any
money so that's a liability on the other
hand assets make money for you for
example if you have a small apartment
and people are paying you rent every
month that's an asset
if you write a blog article or a YouTube
video that's generating you revenue even
after years of you creating it that's an
asset mutual funds stocks even solar
panels that you install because they
will save you a neck tricity in the
future all of these are insects if you
want to be financially independent you
need to have more assets than
liabilities sure you can spend money on
some liabilities like an iPhone or an
iPad but before that you should first
have more money coming in than going out
so to ensure that you have more money
coming in today we're going to discuss
different investment options available
and by the end of this video as a bonus
I'll also tell you how to divide your
money these investment options so that
you get the best returns and eventually
you're up to nagas now saving options
can be divided into two categories
short-term 0 to 5 years long jumped 5
years and more we are going to analyze
each saving option based on three
parameters number one liquidity now
suppose you have an emergency need money
right away then how soon can you get
that money from that investment is
called liquidity number two risk which
is a possibility that you might not get
all of your money back and number three
returns which is how much can your money
grow let's start with short-term options
now the first short-term option to save
is obviously in the form of cash any
nodes that you see lying around and if
yours save it notes and chains are
available whenever you want to use it so
that makes it liquidity high now the
risk is low it's not zero because
somebody can still steal your cash and
returns are also zero why because if you
leave your cash in your purse for five
years it's not going to grow by itself
so that makes returns zero fixed deposit
is when you give the bank a certain
amount for a fixed period but at a high
interest rate than a savings account for
example SBI gives somewhere on 4% for
savings account but for a fixed deposit
it ranges anywhere between five point
seven five percent to six point seven
five percent and it depends on how long
are you giving your money for I give it
four seven days six months one year now
coming to the parameters liquidity is
high because even if you don't want to
wait for those seven days six months one
year you can withdraw your money anytime
you want risk is zero because your money
it's safe with your bank and the bank
has to return you back your money along
with the interest and returns are low
because the interest rate is around 5%
to 7% but remember if you withdraw your
money before your log down period then
the bank will return your money at a
slightly lesser interest rate now
there's something called as a recurring
deposit which is just like a finger
deposit the only difference is in
deposit you put money just once but in a
recurring deposit you put it every month
for example if you've decided on 500
rupees then 500 rupees every month from
your savings account will directly move
to the recurring deposit amount which is
actually a great option because it
instills financial discipline in you you
know that every month you have to save
this much now before we move on to
long-term saving options let's talk
about something that's even more
important and that's health insurance
this is the first thing that you should
invest in because frankly life is
unpredictable
if tomorrow god forbid you have an
accident or you are recovering from an
ailment then you don't want to beg for
money and spend the rest of your life
paying that debt which is why a medical
insurance becomes extremely important if
your company does not provide it then
get one for yourself and your family you
have to pay around 5,000 to 7,000 rupees
every year which is like nothing and you
will be insured a sum of 2 to 5 lakhs to
cover your medical bills depending upon
the polls you take moving on so far we
have discussed the short term investment
options where you work for money and
then save it but if you say for long
term the money will start working for
you here are your long-term investment
options what is mutual funds mutual fund
collects money from people like us 500
rupees from me 500 rupees from you and
create some money
cool a fund manager then uses this pool
to invest in stocks bonds assets you
don't have to worry about where it is
being invested because the fund manager
takes care of it for a commission of one
to two percent now if you want to invest
long-term this is a great option because
instead of sitting idle your money is
actually doing something you can either
invest in mutual funds just once or you
can choose a SIV systematic investment
plan where every month a fixed amount
say five hundred rupees will move from
your bank account to mutual funds coming
to parameters liquidity is medium
because it takes around one to three
days for you to get your money back from
mutual funds risk is medium mutual funds
the subject to market risk is the offer
document carefully before investing is
correct mutual funds come with a little
bit of risk but as long as you do your
research and invest in long term you
should be fine and returns are also
mediums on an average in the past
returns have been around twelve to
fourteen percent if you want to know
more about mutual funds take out mutual
funds ahead calm and if you want me to
make a separate video explaining how to
invest in mutual funds then comment and
let me know number two real estate so is
investing in real estate a good option
see if you buy a house and are staying
in it there it's not innocent because
it's not making you any money but if you
buy a house put it on rent and are using
that money to invest somewhere else then
it is an asset see buying a house in the
city does not make sense because here
the prices are too high rents are low
and a city is pretty stable but if you
buy a house somewhere in the outskirts
then there is a possibility that if
civilization moves there then the price
of that house will increase drastically
so there is a risk it may happen it will
never happen and if you want to buy a
house there a friend of mine Ravi who
works in the equity market and is also
pretty greated investments says that
this is something you should decide
after you have turned 25 because that is
when you'll have a better understanding
of Finance your future plans where you
want to settle because it's foolish to
get tied down to a home loan if you
first need money to study abroad coming
to its parameters liquidity the
extremely low because it takes more than
a year to sell your house and get your
money back this is
'i'm because you cannot be sure how the
price of your house will fluctuate and
returns are from zero to medium
depending on whether you are staying in
it or are you putting it out already
clearly how there's not a great
investment but up Naga is a sentiment
that most of us have which is a reason
why the house prices have gone up
drastically so I am going to tell you
how to get your dream house but before
that the bonus part now that we have
discussed the various investment options
I'm going to tell you how to divide your
money in these investment options to get
the best possible returns so that you
finally have your dream education dream
vacation and that up Lantern this is the
division in cash you should always have
ten thousand in case you have to pay the
maid or any other expenses ten thousand
is max in your savings account keep 50
thousand in case of an emergency you can
just swipe a card and take it out now
how much money should you put in your
mutual funds and everything first make a
monthly expense sheet figure out how
much money you spend every month its 850
thousand now your mutual funds and a
beach together should have at least four
months of your expenses why four months
suppose tomorrow you lose your job
it will take around three to four months
to get a reemployed and until then you
should have three to four months of
expenses stored as buffer to support you
now only after you meet the first three
criteria should you even think about
buying a dream house why I tell you now
suppose your dream house cost one crore
you will get a home loan for 80 percent
of the house 20 percent you will have to
pay then there'll be registration cost
interior cause that you're not even
considering right now so if you want to
buy a house worth 1-crore
these are the things that you must
already have number one 20% of the house
amount which means 20 lakhs you should
already have in the form of fixed
deposit mutual funds in your savings are
comfortable now but we can the most
important point you should have the
ability to pay EMI for those 80 lakhs
which will be roughly around 80 thousand
per month I did not do any of these
calculations and still bought a house
before turning 25 see we belong to a
middle-class family my mother always
wanted a hug her so as soon as I joined
job I decided I am going to buy my mom a
house I spent all my savings bought an
own and I stuck to a job I did not like
for for moyers just to repay
and the worst part it's a small house at
a place far far away because at that
time that's all I could have fought
sometimes we make foolish financial
decisions not only because you are
bogged down by financial debts but also
emotional debts so in case you're young
explain it to your parents how it's
better to stay at a rented place right
now and invest in our long-term plan
instead of being tied to home loan right
away at 30 I invested in a second house
along with my husband it is still not an
asset because we are staying in it but
now we understand finance better so we
have our savings and the home loan is
also going comfortably hand in hand plus
it is our dream house we bought it after
one year of extensive research it's at
the exact location of the exact size and
of the exact price so if you want to
learn anything from my story
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