Don't spoil your PRESENT by thinking about your FUTURE | Advice about Savings, Loans & Down Payments

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People who tell you to BREAK YOUR LIFE SAVINGS to INVEST in their schemes, take large loans etc are not your friends. They are probably thinking about their own commissions and profits, and are not prioritizing your financial security. Please don't be blindly misled by people who tell you to think about your future and INVEST in order to have more money when you retire. The idea that savings are worthless unless they are invested is a dangerous idea, and will often reduce the value of your life savings or deprive you of your life savings entirely.
ISSUED IN PUBLIC INTEREST BY
Krishnaraj Rao
9821588114 and 8169471229
Email krish.kkphoto@gmail.com
Twitter @BravePedestrian
Mumbai
#lifeadvice #homeloan #realestate #savings #underconstruction #resaleproperty #investment #investing #marriage #security #riskassessment #risk #riskmanagement

Опубликовано:

14 окт 2024

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Комментарии : 136

@kevinparker7247 10 месяцев назад

after listening to you for a couple of years, I am never making the mistake of buying under-construction property. i have burnt my hands once never repeating that mistake.

@KapilDev-CA 10 месяцев назад

Same for me , stuck with Super tech Noida Extn, still under construction after 5 yeards

@rgseven6557 9 месяцев назад

@@KapilDev-CA Damn is it really that bad in India? I am from Singapore and had plans to buy property in India but I am quite hesitant.

@KapilDev-CA 9 месяцев назад

@@rgseven6557 Just go for Builders with good track recording they are doing well and giving good quality, my booking was old and not well researched. So mostly my fault.

@adityasalunkhe1288 9 месяцев назад

@@rgseven6557 Just buy it after good amount of research lol

@kshitijm9 9 месяцев назад

@@rgseven6557 Big brands delay possession, extort money via inflated maintenance bills, will not honour any commitment regards amenities will only complete 80 percent of them. People in the complex will have to take initiative in resolving complex issues.

@rohittalwar5602 9 месяцев назад

THIS IS REAL EDUCATION...KEEP GOING KRISHNARAJ JI...99% ARE LOST

@usr-neo 8 месяцев назад

arey sir jab time milta hai aapke saath thoda time spend karne aa jata hu, ek support jesa feel hota hai aur motivation milta hai

@vinodmalhotra6405 8 дней назад

U r great. Sir I am here from the last 6 years and listening.

@amitamit-lr5sh 10 месяцев назад

Best dialogue was aapki savings aapka makkhan hai, malai hai, shahad hai jo ki ye log(builder ) aap se Lena chahte hain false promise kar ke

@nitinsawant7911 10 месяцев назад

True words by sir💸

@kaustubh3084 Месяц назад

Good explained krishnaji 👏

@sudhirpatil3434 10 месяцев назад

Krish is a helpfu guy. He is selflesly guiding people....

@LoveInfiniteLaxmi 10 месяцев назад

EMI ke chakkar me ghar aur gadi dono bechna pada, 10 lakhs ka personal loan bhi uske baad chukana pada. Ye baat thi year 2014 ki. Ab makan aur gadi kabhi na lene ki kasam khai hai...khai hai. 🎷🎸 Alishan rented flat and taxi ka use tention free life deta hai. Having 3 children and no schooling since 7 years. Totally free will wali life. Thank you God and thank you Mr. Rao itni sachhai ke sath videos banane ke liye. Same vibes. Thank you 😊

@theviralbombs 5 месяцев назад

Are you homeschooling your kids ?

@adm7r 9 месяцев назад

as someone who has recently started earning a small account, and the pressure from family for planning to buy a house has started rising, this video was helpful this is something i already believe in, but your logic made it even firm

@manojsuri007 8 месяцев назад

You are the only urban naxal I like to hear. Although I have completely opposite views to that of yours as I am religious.

@hdkdjd2949 8 месяцев назад

Please make more videos on this topic, on life philosophy

@RishabhMathur-fv5tq 10 месяцев назад

Having investments in assets like mutual funds, gold , fd's etc would most likely beat inflation, if you have good liquidity with zero debt it will give you immense peace of mind, nothing can match it. You will feel in control of things, if we talk about apartments in big cities, there are plenty and plenty of rental supply because of tooo much construction going on, supply of apartments for rent is very huge, i see in mumbai suburbs, rents are not that high for ex in mira road, a decent 2 bhk is around 20-25 k and 1 bhk under 15k, if your monthly income is more than a lakh and if you are able to save most of it , you will find yourself sitting on pile of liquidity with immense satisfaction and if you have good liquidity, you may also tap into better opportunities...

@1147J1 10 месяцев назад

Very true

@शिवा1008 9 месяцев назад

excellent point, i think mostly married couples buy property on loan to pass on to their children, a good education should be enough, but indian parents are like that

@andromeda2950 10 месяцев назад

No Sir, your wisdom knowledge has to reach general public, never mind you digress from channel core pupose.... Infact we welcome more such topics on the channel as it becomes damn interesting ❤❤❤❤

@991681 10 месяцев назад

You are doing a great service to Indians. Thank you.

@raghunair3549 10 месяцев назад

190 pct true. Staying on rent is much more affordable than paying EMI. No Job guarantees nowadays. Save money as far as possible. Don't give your hard earned money to builders.

@rameshrnayak 10 месяцев назад

Most important is to save money and also ensure that the amount saved is generating passive income as well.

@शिवा1008 9 месяцев назад

as per a recent RBI report, unsecured loans ie mostly personal loans and credit card debt, is at an all time high, i believe it is around 12 trillion rupees, this sort of credit culture is an import from america, people are buying things they dont really need, on credit. also the household savings rate is at an all time low. consumer spending in india accounts for around 70% of gdp, when oil prices rise, and they will, because of the wars that are going to break out on multiple fronts, especially the middle east, inflation will skyrocket, prices of commodities will soar, interest rates will rise, emis will go up and more people will be in debt. Rich is the man who has no debts

@Tiburon4 9 месяцев назад

Sir your words always give me a reality check, coming from an 18 yo. Your vids meant a lot!

@MrArunavasengupta 9 месяцев назад

This is called wisdom, the last few words you said money is like honey everyone wants to take it from you, just loved it. ❤

@helpeverhurtnever3559 10 месяцев назад

Thank you so much Sir for the video, please keep making videos like this 🥰🙏🙏😇 Please continue making videos on philosophy of life on the basis of your experience Plus what is the purpose of life according to you, is it all about paida hona, bde hona, bachhe paida krna, thoda time pass krna and mar jana? Or above that, what should be?

@kumaralok532 9 месяцев назад

I am happy that people like you are there

@top5beats239 8 месяцев назад

Apke gyan se bhot shikne milta hai

@chatrughanprasad7778 5 месяцев назад

Sir aap bahut sahi batate ho full practical information

@rajatswain9986 10 месяцев назад

I learned about mid life crisis last time from one of the episode and that helped me to think that’s normal if anytime I have to go through. Thanks for highlighting and sharing your thoughts with your life.

@AwareWanderer-em4wz Месяц назад

your videos are very good, it is very important for the youth of today to watch and learn from you sir. I thank you from core of my heart for this.

@KrishnarajRaoUrbanNaxal Месяц назад

Thank you 😊😊🙏🏻🙏🏻

@smarlakunta 5 месяцев назад

I want to add to what Mr. Krishna said, One must invest in oneselves, like build one skillsets, join education programs etc., which will in turn open doors or opportunities for wealth creation. If one is not able to afford, why one must take 85-90% LOAN. You will have to compromise on so many choices and the MOST important thing is it costs ONE's PEACE of mind and FREEDOM. So, bottom line, Buy Stuff when you can afford it. Setting aside your emergency fund (6-12 months of your expenses) you must be able to pay at least 60-70% of the property on your own. Otherwise don't go into that stuff. There is nothing precious than your health and peace of mind. As it goes in one of the great telugu sayings - (ఆప్పులేని వాడే అధిక సంపన్నుడు) - That "person who has no debt is the wealthiest in life"

@vinay_tire 8 месяцев назад

Excellent article of financial advice.. precious

@saritaprasad4295 5 месяцев назад

U r great sir

@sweetydwivedi6167 9 месяцев назад

Akhirkaar ,mujhe anubhavi sajjan mil gaye jo apana amoolya anubhav shajha kr rahein 🙏🙏🙏🙏.

@mandarp9472 10 месяцев назад

Sir you are educating people on real eastate, housing and you have been doing a great job.

@mandarp9472 10 месяцев назад

Not worth to buy over expensive house in Metros especially in Mumbai. In Mumbai, it is best to stay on rent and or move to smaller town where you can afford to buy a house.

@KINGMJ1990 10 месяцев назад

You're like a father figure to many, including me. I am sure many believe this

@jamesstramer5186 10 месяцев назад

Thank you sir! You expose a lot of scams but we also eagerly wait for videos like this wherein you give life advice as well. Please do consider making more of these.

@KrishnarajRaoUrbanNaxal 10 месяцев назад

I will. Thank you for motivating me 😊🙏🏻

@madhavidubey1339 8 месяцев назад

I love your real talk

@shekharkapoor9208 10 месяцев назад

love you sir take care of yourself kindly keep making these kinds of videos with solutions I might be not married at present nor in the future but how a single man live with dignity and earn money for a decent living

@top5beats239 8 месяцев назад

Love you Sir lot of respect sir huge fan❤

@bradyoung804 7 месяцев назад

It is motly aspirational inflation that has incased living costs.

@guruprasadn8311 10 месяцев назад

Very nice video. And your words and advice will definitely be very very useful in the near future.❤ from mangalore..karnataka.

@Life_In_Mountains 4 месяца назад

Sir we need a video on LIC plans of investments and retirement planning are they hundred percent secure

@paulsona.5254 10 месяцев назад

What you said is exactly TRUE, scamster extract honey from common man.

@DigiLiterate 10 месяцев назад

That's very right. And those who say what will happen to our savings due to inflation? They are just for cushion. Who stopped you from earning more and beating the inflation?

@jaywant7777 10 месяцев назад

Thanks a lot from my heart, it came at right time for me.

@dilipshivgan716 10 месяцев назад

Good

@sharong009 9 месяцев назад

Thank you Sir

@leenandsouza 10 месяцев назад

Words of wisdom Sir.. not anything out of kabaadkhaana....we need such sane voices in times of unnecessary exuberance like the present times.. I have a feeling that words will be proven right within the next year (2024)! Ordinary retail investors are the ones who get trapped in bubbles like the current one.. FIIs will take a big chunk of profits and run off to better pastures.. banks have ordinary people's money plus unlimited govt backing which in turn is people's money in the form of taxes, builders have already made huge profits, politicians will join hands with oligarchs.. and we ordinary citizens will call and message you for help finally who has been warning us for years now.. thanks for your support and service!

@vaishalibhaip6415 7 месяцев назад

Can you also make video on whether to buy term insurance ? have you buyed one or not .. or companies fooling people with fear of death and asking to take minimum one cr term insurance. Thank you for sharing your views and knowledge it is helpful for most of people

@ytmahol 10 месяцев назад

Thank You For Your Words of Wisdom Sir, We need More Experienced People Like You to Come Forward and Speak against the Propoganda. Only They We can Preserve our Ancient Wisdom.

@ravit6223 10 месяцев назад

Krish i love these advices bcoz they come from experienced person like you ...rented house has its own advantages

@kundanprasad8951 6 месяцев назад

Really, your videos are knowledgeable

@kundanprasad8951 6 месяцев назад

You are great person

@ishashaikh9200 9 месяцев назад

Very true valuable words.

@vinaysindhu3680 10 месяцев назад

Eye opener

@rakhisadhukhan9703 10 месяцев назад

All time useful video for universal normal human being.Thank you sir.

@snehajadhav1652 10 месяцев назад

Nice one

@VinaySharma-by7ss 10 месяцев назад

Partially true

@rohitdeshmukh8983 10 месяцев назад

Bahut aacha sahii bataya hai sirji 🙏🏻🙏🏻🙏🏻

@JagannathPujariVlogs 10 месяцев назад

Sir given good suggestion thanks

@abhijeetkate645 10 месяцев назад

Thankn You Sir 🙏❤

@dhananjayrudrawar7144 10 месяцев назад

Very very good valuable information. Krish sir always the BEST!!

@devenshah1805 10 месяцев назад

Nice explain💐👍....

@snoopdogg_007 10 месяцев назад

Thank you sir! Video at right time if people watching this video follow and understand your analysis, you indirectly saved many lives. 🙏

@himanshugupta487 10 месяцев назад

You are great mentor.. want to meet you once in my life time

@KrishnarajRaoUrbanNaxal 10 месяцев назад

😊🙏🏻 Thank you for your generous praise

@sarveshgawade-vy1mz 10 месяцев назад

Good suggestion and guidance sir

@crismic1 10 месяцев назад

Sir you should cover Mahira Homes Scam in Gurgaon, 5 places and 5 -6 projects launced and none have been delivered, even the initial one launched in 2018

@Nobody_Cares_07 10 месяцев назад

Thanks for guidance.

@sagarwalke7173 10 месяцев назад

Very Informative videos from you 🙏 Sir.

@sunilacharya9295 10 месяцев назад

Right

@vikram1262 9 месяцев назад

Thanks for sharing lifenwisdom . I am a fan and have been motivated by you to live freelt

@himalaycharpe6661 9 месяцев назад

Sir Paisa stocks me SIP me dalna is good or not ?

@fullgaramfluctuate569 9 месяцев назад

sir make a financial playlist.

@abedinshaikh3604 10 месяцев назад

Sir mere pass around 35l hai kahi baar himmat kiya ke apna ghar lene ka par himmat nahi hota kiyuke mere pass jo liqued fund hai woh freeze hojayega

@mandarp9472 10 месяцев назад

Don't spend your investments on buying house. Live on rent or move to a smaller town.

@Husain-gt1ln 10 месяцев назад

@@mandarp9472sirji 👍 agree

@rameshrnayak 10 месяцев назад

I believe for a corpus of 35 lakhs, OP can conservatively generate around 3 to 3.5 lakhs per annum in passive income through investments spread across various instruments.

@akramshaikh8596 9 месяцев назад

👍

@dd6557 10 месяцев назад

Jai Maharashtra...Jai kisan...Jay javan

@neerajmauje 9 месяцев назад

Godmen ❤

@cookiemonsterrr5116 9 месяцев назад

Sir please make a video an dealing with heartbreak and rejection 🙏

@KrishnarajRaoUrbanNaxal 9 месяцев назад

I will

@walkwithlenin3798 9 месяцев назад

❤

@bourbon646 10 месяцев назад

A very good topic. But one should definitely purchase a house if you can on a loan. Try purchasing a ready to move or a flat that is 70 to 80 percent completed and the project is near to completion. The other thing I see is most people wont be able to purchase a house due to inflation 10 or 20 years later. Kindly dont invest in SIP for getting uncertain returns 30 years later. Lol

@Terahydron 8 месяцев назад

no old people will die

@tpb1006 8 месяцев назад

SIP is uncertain? So is real estate/

@bourbon646 8 месяцев назад

@@tpb1006 real estate has its pros and cons. Depends on many factors. But you still own the flat, land etc. In SIP its nothing. I mean if you are doing a 5000 rs SIP for 5 years and getting 10 percent compounded interest then its fine. But they tell to do SIP for 20 or 25 years. That's crap. Specially if you are doing 20000 rs per month for that long with uncertainty.

@tpb1006 8 месяцев назад

@@bourbon646 I dont think you are student of finance. Please study it and see what you are owning. When you buy into a stock market, through ETFs, you are buying into those top companies that run an economy. Are you saying the Economy will not grow but shrink? If that is the case, then the real estate market will also shrink.

@bourbon646 8 месяцев назад

@@tpb1006 companies may stop growing. Doesn't mean the shares will go zero. It will remain in the same range. Europe and Japanese and UK stock markets have suffered the same fate. Even Canada. Indian stock market did well in the last 20 years because of so much growth in India. If you see the stock market graph in the 50s, 60s and 70s there was not much growth either some shares remaining in same price range. Most of Indias actual growth started in the 90s. It did even better post 2000. All that wont happen in future. I won't say NIFTY and Sensex will fall. But they may not grow much.

@praphullkishoreniraj 10 месяцев назад

❤❤❤

@anandsingh696 10 месяцев назад

Krish, if you don't make these highly relevent videos, who else will? Thank you.

@vagrawa1 10 месяцев назад

Sir thanks for all the videos, could you please express your opinion on gurgaon real estate, price are so high and some time you feel missing out the rally but when think of it as a financial decision it doesn't make sense to me

@KrishnarajRaoUrbanNaxal 10 месяцев назад

Thanks. I will.

@theviralbombs 5 месяцев назад

Bhai mat le flat. No point in to commit to a long term debt. The flats in metros these days are already at inflated prices and have low scope for appreciation. Plus the bank is the owner of the flat until you have repaid the whole loan amount. Life is uncertain and debt is an entanglement. Leads to depression. Your only focus should be on how to build your net worth by keeping your expenses low atleast for the next few years. Atleast till you make 1 cr or 2 cr. After that you can think of making a big purchase like home on emi, because your interest on the 2 cr will fund your emis. So no tenson.

@gakushupointo5068 9 месяцев назад

🙏🏻🙏🏻❤️

@vxedits 10 месяцев назад

Great initiative ❤

@sushmaraj9136 10 месяцев назад

🙏 aap hme yh btaye ki hm rhne ke liye kya le ar kise

@damn7637 10 месяцев назад

Sir pls talk about divorce... I'm 19m preparing for entrance exam and my father and mother fight daily coz he is cheating on us... I'm a 3rd time dropped for entrance exam and this time i think I'll crack it but they fight and make it hard for me to study ...I can't live home pls help

@KrishnarajRaoUrbanNaxal 10 месяцев назад

Ok, please accept my sympathies. I have had some such experiences i.e. parents fighting, in my childhood too. I am sorry to say that my children too have suffered because of our fighting, although I am quite happily married. I will try to make a video to address your question.

@damn7637 10 месяцев назад

@@KrishnarajRaoUrbanNaxal thank you sir, I'll wait for your upload

@sunilacharya9295 10 месяцев назад

Good luck

@uttamsinha1407 9 месяцев назад

Who is cheating whom?

@damn7637 8 месяцев назад

@@uttamsinha1407 father cheats

@mandarp9472 10 месяцев назад

Never ever buy a house worth more than 4 times your annual income.

@riteshjain1141 9 месяцев назад

Sari advice thik hai ,per shaadi ka kya hoga? Bager ghar ke koi apni ladki nehi dena chahta ,yeh bhi ek sacchai hai. Vertaman me shaadi kerni hai .

@killab1511 8 месяцев назад

Kyu krni h shaadi ?

@Narzar955 8 месяцев назад

Health care && education free nhi esliye ,

@sushmaraj9136 10 месяцев назад

Scss me seniors ko dalna chahia pl btaye🙏

@ashutosh7807 7 месяцев назад

Namaste sir. Sir mujhe koi choti job dilwadijiye mai diploma & degree in civil engineering hu. Please sir ji

@sagarbijwe7259 7 месяцев назад

I have pinged you on FB but you don’t reply.

@music-in5ty 9 месяцев назад

Har video 23 minutes ka hi kyu hota h ???😢😢

@dnyaneshgarkal 10 месяцев назад

First view ❤

@KrishnarajRaoUrbanNaxal 10 месяцев назад

🎉

@Ajit2sjehe 8 месяцев назад

Tumhe Marathi ahata ka kaka ❤

@MrFloydgoa 6 месяцев назад

He is of South Indian origin living in MH

@abinashdutta92 10 месяцев назад

#sangolifesutras

@dev21579 10 месяцев назад

India will not have any middle class going fw

@शिवा1008 9 месяцев назад

most people who believe they are middle class are actually below that, this is a global thing, the ultra wealthy and the slaves, middle class in america is now non existent