Let's talk about building wealth in India. What's working for you? with the current economic climate it feels like growing from our middle class positions to build a wealthy life or a secure one is challenging. What strategies are working best for you in terms of saving, investing, and growing wealth? 1 0 replies
22Y who wants to learn to invest i am a 22y old who is in the field of finance(new to the field). I am working as a intern(unpaid) in wealth management firm(CRM) and i live in mumbai as well.I am eager to learn trading and investing and my parents are also willing to give me the required amt of funds to start(Ps-i want to start small).Being in finance ik all the financial products throghly. I am open to discuss which product to invest in and want to learn how you guys are investing in something and... 4 0 replies
Beware of Influencers Giving Financial Advice – Seek Genuine Wealth-Building Guidance I used to follow social media influencers who would suggest doing small SIPs of 1k or 2k for 30 years and call it good. But rarely did they offer advice on investing in things that truly matter. Recently, someone even told me I should never buy a house, only rent. But for many in the middle class, owning a home is the dream. My advice? Steer clear of influencers like these and find those who offer real, actionable advice on building wealth. 4 0 replies
which bank should I open an account in? I'll be leaving for college in some time will be needing a bank account by then. I have been researching about stuff on the internet to understand as much as I can and make a decision about it, I am still learning so please do correct me wherever I am wrong. I saw a lot of people often recommending banks like ICICI over HDFC because of their superior UI/UX but I was confused since now a days almost everything can be done theough apps like GPay through UPI and... 5 0 replies
Lost Opportunity :A Request to Bring Back Sovereign Gold Bonds I’ve known about Sovereign Gold Bonds for over 3 years, but never had the capital to invest. Just when I finally had the funds to do so, the government decided to stop this investment option. I request the government to bring it back. 1 0 replies
How to open a HUF bank account after getting HUF Pan, online process asks aadhar and DOB, should it be my personal ones? How to open a HUF bank account after getting HUF Pan, online process asks aadhar and DOB, should it be my personal ones? 2 0 replies
Which health insurance? I will 20F in few days. I have a mother in my family- 42F She has a health insurance 20L covered- Niva Bupa Reassure. I need to buy health insurance for myself too. Should I join her or buy a new for myself. What are recommendations? Also her installments are already hefty. 4 0 replies
Stuck in Multiple Loans at 21 – Need Help with Consolidation Stuck in Multiple Loans at 21 – Need Help with Consolidation 4 0 replies
Three 21-Year-Olds Struggling with Debt – Seeking Advice on Managing Loans of 3 lacs We are three 21-year-olds who have been friends since school. Let’s call us A, B, and C. A had been living in Delhi since March 2023, renting a place while working a job that initially paid ₹16,000 a month, which later increased to ₹21,000. However, A had also taken an ₹80,000 loan through a credit card and the Navi loan application. In November 2024, B and C moved in with A. A took full responsibility for B and C until they found jobs. B secured a job in November,... 4 1 replies
Time to finally take CIBIL seriously(pun intended) Time to finally take CIBIL seriously(pun intended) 2 0 replies
Is there a way to invest in US stock There are a few companies on my mind, the typical Tesla, NVIDIA and Google that I would like to invest in, is there a way to do from India. Any trusted apps? 1 0 replies
EMI in Amazon. I have made a emi purchase at Amazon using Axis credit card. The full amount was charged and week later it was re-credited to my account. The issue is it didn't reflect in available credit neither outstanding balance. As far as I know in the emi system the bank pays money at purchase and we pay the bank every month at some interest. But in this case the whole amount is deducted in my account. As I pay emi amount every month the amount is release to my credit... 4 0 replies
Which app is this guy using and where can I find it? Which app is this guy using and where can I find it? 5 2 replies