One Idiot

This is an amazing video for beginners in savings and investment.

Do have a look even if you are not a beginner.

https://www.youtube.com/watch?v=vUClil3aNQc

Some gyaan that we have heard a lot (and you will in this video also):

• If you buy things that you don't need, one day you will have to sell the things that you do need.
• Be greedy when other's are fearful.
• Don't stop stirring the sauce - else it will harden (or sit). Same is true with money.
• Make your money work hard for you.
• Have a healthy mix of debt and equity
• Don't mix insurance and investment.
• Term Insurance for Insurance.
• Don't save what is left after spending, Spend what is left after saving.

Re-read all of the above and keep thinking. 

These are really really important.