Hello BV viewers, Welcome back to BetterVerse! In this video” DO THIS TO ATTAIN FINANCIAL SECURITY | 10 Tips for Planning Personal Finance in Tamil | BetterVerse”, we see how one can attain financial security by properly planning their personal finance. Financial safety is very important these days that’s why I share 10 tips in Tamil FOR Beginners to long-time investors on what to do with the money you earn.
This Video will help to understand how financially secure you are, and what you have to do to improve your financial security. We talk about various tips along with the video which will help financial planning for beginners explained in Tamil. We discuss important topics such as how much one should get a loan and EMI, what kind of insurance is very important, how to save money etc. Money-Saving and money investing tips adopted at an early age will help to accumulate a big fortune in the future.
With the help of an analogy, the video explains to the viewers how money works over time and how inflation hits the value of money. We also talk about budgeting and give you tips to allocate and reduce expenses. We have shown certain thumb rules such as the rule of 72, rule of 70, etc to set your goals according to your age and income.
Finally, we talk about retirement planning, why retirement planning is important, how much corpus can one build over time for retirement in Tamil. In some of the tips, I talk about an emergency fund investment, why it is important at this time of an hour, and how it will save you and your family at tough times. We have also gone through certain aspects of Life insurance and Medical insurance and what benefits such as taxes, the coverage offers in the long run. Team BV.
Timecodes
00:00 Intro
00:19 The Desert Analogy
01:42 Real-Life Comparison
03:26 Tip #1
03:57 Tip #2
04:28 Tip #3
05:06 Tip #4
06:03 Tip #5
06:21 Tip #6
06:47 Tip #7
07:28 Tip #8
07:57 Tip #9
08:32 Bonus Tip
08:56 Outro
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