HOW TO INVEST MONEY & GET RICH FOR STUDENTS💰💸 | BUDGETING & STOCK MARKET INVESTING Explained!
This is what you need to know about money and how to manage it, save it and how to invest money to build assets that will help you make more money. Gaurang Sanghvi joins me for a podcast episode to talk about saving money and investing it in stock market using mutual funds, SIP, index funds, etc.
Get in touch with Gaurang on Instagram here : https://www.instagram.com/askthatfinanceguy/?hl=en
Get in touch with Gaurang on LinkedIn here : https://www.linkedin.com/in/gaurangsanghvi/
Here's a list of the questions I've asked with the timestamps:
1:59 - Why are gujaratis considered to be experts in terms of money?
4:05 - What should I do with my first income?
6:28 - Do this with your second income
9:05 - How to save money
10:35 - How to get started with investing?
13:40 - What's the difference between mutual funds and index funds
14:17 - What is Sensex? What is Nifty?
15:08 - How does the bond market work?
16:17 - Can we use Debt to our advantage?
17:40 - Passive income - a scam?
19:28 - How is money created by the banks?
22:34 - Should you watch youtube videos for learning finance and investing?
26:50 - best resources to learn investing
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