Full Transcript
[00:02] coming. Business worth around Rs 4 lakh crore is expected. Those who have money have Diwali and those who do not have money have bankruptcy. Today I will talk about money and will give you those five very important money rules, by adopting which
[00:18] many people have earned a lot of money. By following these money rules, every Diwali of yours can be wonderful. So without wasting any time let's start the journey to riches.
[00:38] first and most important lesson about money is that the beginning will be the hardest. In the beginning, it always takes more time and the results are very less. Friends, the biggest problem with 90% of the people is that they quit in the beginning itself. Note that an
[00:53] Note that an airplane never takes off straight. First he has to run on the runway. A momentum has to be created. A significant amount of its fuel is burned before it can even take off on the runway. And the distance to the runway is 2 km. is also
[01:09] not covered. The rule of making money is that momentum has to be created before taking off. Ground work has to be done and it takes the most energy and time.
[01:21] Today I will give you the most dangerous example. Suppose you want to go to Mars. The you want to go to Mars. The distance of the Earth's orbit from the Earth's surface is approximately 400 km. has done. But 400 km. 50% of the spacecraft's fuel is spent in covering this distance.
[01:37] 50% of the spacecraft's fuel is spent in covering this distance. And with the remaining 50% fuel the spacecraft reaches Mars from Earth's orbit. Which is 31 crore kilometers Which is 31 crore kilometers away. That means first 400 km. The same amount of
[01:51] fuel used for this distance can be used for the next 31 crore km. A distance of is covered. Because the beginning is always difficult. In the beginning you had to get out of the gravitational force of the Earth which was the most difficult and laborious task.
[02:08] Once he's out, there are no obstacles. So always remember this lesson that the beginning is the hardest. This is where you have to work the hardest. The
[02:20] lowest results are found here. This is where most people die. most people die. In the beginning of the journey to success, more effort is required and the distance covered is less. Therefore, never be hasty in the beginning and if you
[02:35] get less results in the beginning then remember Mars. The next lesson about money is presenting the budget. The Finance Minister of India presents the budget for the next year in the Lok Sabha every year on 1 February.
[02:47] February. You must also know how to make your budget. Budget means drawing a blueprint of income and expenditure. That this is our income and drawing a blueprint of income and expenditure. That this is our income and these are our expenses. You should know
[03:01] these are our expenses. You should know where your money was spent this month and where it is going to be spent next month. My personal experience says My personal experience says friend, whenever you start writing your money by hand
[03:14] and start doing calculations. Your eyes start to open. As you write, you realize that there are many things you could have saved money on,
[03:26] and writing makes you more alert for the next month. more alert for the next month. Look friend, India's budget will not be a deficit budget. Every year the government's expenditure will be more than its income. The same problem exists in people's budgets
[03:41] also. Their expenses also exceed their income. Remember that your budget should never be in deficit. Rather, it should be such that saving and investment are discussed every month. Every month some portion of your income should be spent on investment.
[03:58] And the biggest investment today is your own insurance. investment today is your own insurance. Therefore, invest ₹400 to ₹500 every month in taking insurance. During your lifetime, you must do financial planning for the future of your family.
[04:13] lifetime, you must do financial planning for the future of your family. But if you are not there tomorrow then who will take care of you and we all know that there is no guarantee of life. There is
[04:25] take care of you and we all know that there is no guarantee of life. There is And in my opinion, insurance is not an expense. It is an investment, a responsibility and every person whose income supports his household should take insurance. And the
[04:40] safest and cheapest is the term plan. And with the removal of GST, it also became cheaper. You will get a cover of crores in just the money spent on one meal. The premium is ₹400-₹500 and the younger you are, the lower the premium and the same premium is
[04:56] locked in for life. Therefore, definitely take the term and save the future of your family. I am take the term and save the future of your family. I am giving the link in the description for your help. Make a promise today that ₹400-₹500 must be fixed for insurance in your monthly budget.
[05:09] Make a promise today that ₹400-₹500 must be fixed for insurance in your monthly budget. definitely take the terms. Do you know what is the third biggest problem in earning money? The idea of becoming rich quickly. Remember, the faster you try to make money, the longer it will take.
[05:26] Look friend, this thinking of quick rich money leads you to three fundamental mistakes. You make three very serious money mistakes. The first mistake is that you get
[05:38] trapped in things that you cannot understand because your mind is only focused on earning money quickly and every way of earning seems attractive to you. Whereas it does not happen. White is not always right. There is never a golden deer. The second
[05:54] mistake is that you risk money that you cannot afford to lose. that you cannot afford to lose. That means borrowed money. Due to greed, you take money from anywhere and invest it. And then begins the naked dance of interest
[06:09] which leaves you nowhere. And the third big mistake is that you take hasty decisions because you want to become rich immediately. Unthoughtful decisions have to be paid for in the future. It is said that moments committed the mistake and
[06:26] centuries got the punishment. Just one bad financial decision can set you back years. These three mistakes cause you great harm. Therefore, we should avoid the philosophy of immediate results
[06:38] and even if the results are not visible immediately, we should keep working with the belief that eventually the results will definitely be visible and they will be such that not only you but
[06:50] everyone will be surprised by them. Let me tell you the next great rule of money. Lay lots of pipelines. This means that you should have not just one but many ways to earn money. This means that water should not come into your bucket from just one pipe. There must be a lot of pipelines
[07:06] from where water can come and fill your bucket. God forbid, even if water does not come from one pipe, keep God forbid, even if water does not come from one pipe, keep filling the bucket. Remember that during Covid, the people who faced the most problems were those who had a source of income.
[07:20] But we are very strange people. We have only one pipeline for our income but we have created countless pipelines for our expenses. We create new pipelines of expenses with great efficiency. We have created pipelines for house loan EMIs, car loan EMIs
[07:36] , education loan EMIs , credit card loan EMIs, personal loan EMIs and who knows how many other small and big pipelines we have created. Because you have a huge pipeline of expenses.
[07:51] That's why your financial condition is never good. If your bucket is being If your bucket is being filled with water from just one tap and water is coming out from 10 equally large holes at different places, then in how much time will that bucket be filled? I am asking you only.
[08:05] Tell me how much time will it take to fill? You also know that it will never be filled. Because there know that it will never be filled. Because there is one tap and 10 holes. You have to reverse this situation today. You will have to create more income pipelines and
[08:22] reduce or close expenditure holes. Only then will your bucket be filled. There is no better way to become rich. Friend. Let me give you a great example. Bhagwan Dada was a very popular film actor of his time and lived like a king.
[08:38] He had seven cars at that time. That means a car for every day of the week, his style and status were different. But time does not always remain the same, friend. Some of his films flopped. After that, the situation became such that he had to sell his Juhu bungalow and all seven
[08:54] cars. In the end they were forced to live in a move as it was the only way for them to earn money. That is why start thinking about building new pipelines from today and right now. The
[09:07] That is why start thinking about building new pipelines from today and right now. The important lesson about money which should be completely implemented in life is giving donations. Yes, till date no
[09:19] donations. Yes, till date no one has ever become poor by giving donations. No matter how big or small, please donate, my friend. Today I will tell you this most unique rule of earning money. People think that by giving donations they will become poor. But this never happens. The
[09:33] that by giving donations they will become poor. But this never happens. The exact opposite happens. Giving to charity makes you richer. Why so ? Because charity works on the law of harvest. When you donate something, you are in a way sowing the seeds of that thing.
[09:49] And as happens with every seed. You what happens if you sow wheat seeds? You will get a wheat crop. If you sow rice, you will
[10:02] get a wheat crop. If you sow rice, you will get a rice crop. Similarly, if you donate money, sow the seeds of money, you will get money in return. If you give love, you will receive love in return. And remember, you should
[10:16] never donate with the desire to get something in return, that I donate so that I can get it by committing many sins. donate so that I can get it by committing many sins. Never make this mistake. And you should never boast about your generosity by saying that I installed fans in the temple, I got benches made in the cremation ground
[10:30] , I did this, I did that, never call yourself great. Just do this work quietly. It is never call yourself great. Just do this work quietly. It is
[10:44] leave it to that. Always remember my words, giving opens the way to receiving. I have said this at many places that you should make him a partner in your earnings.
[10:58] how the business will run if he is your partner. These five rules can make you very successful in life. This festive season, vow to follow these five rules. Which rule did you like best? Please do tell us in the comment section and
[11:14] send the video to everyone you know. Wishing you all a very Happy Diwali in advance. you all a very Happy Diwali in advance. care of your health and get term insurance. Jai Hind.