Hellow guys, Welcome to my website, and you are watching Financial Freedom / நிதி சுதந்திரம். and this vIdeo is uploaded by Investment Insights Tamil at 2020-03-30T08:09:34-07:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | Financial Freedom / நிதி சுதந்திரம் |
| Video Uploader | Video From Investment Insights Tamil |
| Upload Date | This Video Uploaded At 30-03-2020 15:09:34 |
| Video Discription | Seven steps that need to be taken to achieve financial freedom is explained in detail. 1. Track Your expenses 2. Improve Savings rate to be greater than 20% 3. Pay off your debt 4. Emergency Fund for 3 to 6 months support 5. Start Investing 6. Track your networth 7. Grow your networth = 25 x annual expense Following questions are answered: 1. What is savings rate? How does that impact my retirement? 2. When would be able to retire comfortably? 3. How much would I need to retire comfortably? 4. What is 4% withdrawal rule? 5. What is networth and why should we track it? Sample Expense Sheet: https://docs.google.com/spreadsheets/d/1jC1R3tuV9RviCqXW2-A6O1utU_5DKfPCc0zATNG9ftA/edit?usp=sharing (Instructions to copy the file: If you are using mobile, click the three dots in the top right corner, then export & Share and then make a copy. That will copy the file to your account so that you can edit. If you are in a desktop computer, go to File - Make a Copy to copy the file.) Creditcard aggregator: https://www.mint.com/ My other Related Videos: Power of Compounding: https://www.youtube.com/watch?v=-6AIQSMOqSQ Building Wealth Series: https://www.youtube.com/playlist?list=PL0g8QXs4hyCU36k9b9aZMG4C8OrRTHl35 Asset Allocation: https://www.youtube.com/watch?v=NRPS2cPjnu4 Understanding Sharemarket: https://www.youtube.com/watch?v=8_uAwsJroB0 Mutual Funds, Index Funds and ETFs: https://www.youtube.com/watch?v=tfNXTl64HK8 Recession Explained: https://www.youtube.com/watch?v=gmRcUHPLPfw Investment Insights: https://www.youtube.com/playlist?list=PL0g8QXs4hyCW5XmVfxqy6l_sZx_ovfAIg LinkedIn: https://www.linkedin.com/in/vijay-mohan-sn/ Twitter: https://twitter.com/InvstmntInsght References: 1. When can I retire? : https://networthify.com/calculator/earlyretirement?income=500000&initialBalance=10000&expenses=400000&annualPct=10&withdrawalRate=4 2. 4% withdrawal rule: https://www.mrmoneymustache.com/2012/05/29/how-much-do-i-need-for-retirement/ 3. Safe Savings Rate: https://www.whitecoatinvestor.com/safe-savings-rate/ 4. Savings Rate vs Investment Returns: https://www.getrichslowly.org/building-wealth/ |
| Category | Education |
| Tags | Tamil | Finance | Investments | Retirement | Financial freedom | financial independence | networth | savings rate | 4% withdrawal rule | Retirement estimation | best investment | how to invest | investment tips | investment ideas | investment insights | Stocks | Mutual Funds | Finance Literacy | Financial knowledge | how to get rich | secrets to success | secrets to become rich | increase income | becoming rich | wealth creation | wealth management | investment options | invest money |
