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First step towards becoming Financial Independent...

 

Success is not getting a highest paying job but success is when you get enough free time for yourself you can do whatever you want you can go wherever you want to go without concerning about your job and effecting your lifestyle. 

Generally people waste their early age in preparing for govt. Jobs and they put their energy and time for preparing job but among those only few people get the govt. Jobs and rest stay jobless with wasted time of 3 to 5 years of their graduation and mostly spend their life jobless or with mediocre salary.  

In India people In their early age after graduation don't have much pressure from family for earning and they usually use this time to prepare for competitive exams  for job and take some courses and among them only few people get job and rest remains jobless and then they keep blaming the system for their unemployment. 

Let's take an example to understand magic of starting earning and saving in early age.  Because in early age people usually don't have much obligations and pressure from family and they can save maximum part of their earnings.

There are two persons named Karan and Arjun.
Karan starts working as soon as he completes his graduation at the age of 20 and gets 20k as salary. He starts investing 90% of his salary and gets 15% returns per year. He continues doing same for next 3 years and then at age of 23 years he gets hike in salary and now his salary is 30k and  now again he keeps inevsting 90% of his salary at the same rate of return until he gets married at the age of 28 years. Now he gets married and it's not possible for him to invest 90% of salary so he stops investing at the age of 28 but keeps his old investments invested till age of 60 years.

Arjun prepares for govt job and he gets a govt. job at the age of 27 and get's a salary of 40k. But as soon as he gets job he gets married and and then kids. 
Arjun spends first 5 years in fulfilling his basic needs and can't save a penny. After 5 years he gets a hike in salary and now he gets 50k salary and starts investing... But since he is married and having kids and their education he is now only able to save 30% of his salary. Means he starts investing 15000 per month at the age of 33 years and gets 15% return per annum. 

Now let's calculate how much karan and Arjun would get at the age of 60.
Karan stopped investing at the age of 28 but he gets 7.16 crores at the age of 60 whereas Arjun keeps inevsting up to age of 60 and gets only 5.51 crores. 

Becoming wealthy is not what kind of job you get but it's about how early you learn 8th wonder of world called magic of compounding, start earning and investing...

Early you start early u will become wealthy... 

You know what is major difference between karan and Arjun? Actually karan used his money as his slave and allowed it to work for him... Arjun become slave of money and kept on working up to age of 60 in order to get the sum assured discussed above.

We at www.sunilrathi.com not only teach you trading but also help you to learn how to manage your money to create long term wealth... If want to learn more feel free to write us at contact@sunilrathi.com

If you found it eye opening please don't forget to share... Sharing is caring... :-)

Comments

Jaideep said…
Absolutely amazing. This article was eye opening.
Praveen Jangra said…
Amazing article sir 😘😘
Divya rajput said…
The wonderful article Sir, you simply describe that much crucial point in much simpler words, all students should need to learn investing and learning to invest. Thank you so much :)
Amber Gupta said…
Good blog sunil babu...mng walk karne ka asar ho raha h lagta hai. Mind is working now. Keep it up bhai
STOCK MARKET said…
Super Very very Nice story Sunil Sir ji 👏👏👏

Unknown said…
It's one of best article .... Definitely you cleared our concept of atual saving mean & when we should have to start it 🤓
None said…
Very well quoted a lesson of life, to which many ignores. Great work Rathi.
Unknown said…
Amazing sir ,I personally learn my thing from that article ,salute sir.
Sathish Kumar said…
It's wondering about eighth wonder of the world through Karan vs Arjun... Thank you sir

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