Hi,
A lot of you missed the orientation on the 24th of July and hence are not aware of what the classes will be on.
My focus in the classes would be to impart in the most simple manner how easy it is to be in charge of your finances and not be burdened by debt which a lot of people are under thanks to the many financial institutions. It would focus on the different asset classes and how by keeping things simple you can work wonders for yourself. This is probably the only financial course which will not focus on too much Mathematics and people who have the phobia of Maths need not worry. The toughest calculation would be something like 70 divided by 210 multiplied by 100. The course has been designed for all streams (commerce, science, arts, engineering, mass communication etc ). Utmost care has been taken to make it very easy to grasp and remember and it is for any person who knows how to read and write.
My aim is to ensure that all of us acquire assets in life. Most people in life acquire a lot of liabilities and think it is an asset. Robert Kiyosaki states that an asset is something which puts money into your pocket and a liability is something which takes out money from your pocket.
A lot of financial products are available in the market and the lay man is bound to get confused. You can avail of a credit card just by clicking your mouse. Home loans, car loans sound very cool. We purchase a car and a house because it enhances the quality of our life. But does it actually improve the quality of our life if the EMI monster knocks at the door every month?
There are only 2 asset classes that create wealth in the actual sense of the word. a) Stocks b) Real Estate. The other asset classes are for safety of capital (Fixed Deposits, Recurring Deposits etc) and risk cover (Insurance).
Consider this.... Why does the Government of any country offer tax breaks on home loans or repayment of interest on home loan? This is because the interest on such loans is an income to the financial institution which has given the loan. Banks and financial institutions spend a lot of money on political campaigns. In return the Government It is for this reason that you hardly get tax benefits on savings account, fixed and recurring deposits since that is an expense for the bank.
Most people do an MBA thinking only about placements. I always thought that MBA means Master of Business Administration. Why keep on slogging for 25-30 years of your life for a company and worry about the next recession that is about to happen or the next layoff that would happen? We are living in the Information Age where it is possible to become a multi millionaire by working smartly rather than working very hard.
Think about this.... People say that you get life just once.Live it king size. How many people who are working under a boss enjoy life 24*7 and have great financial freedom. As per one of the statistics in a magazine, 90% of the employees just enjoy one day of the week "Saturday". It means that 6/7th of your life is spent cribbing. I always thought that school was enough for that kind of a mundane lifestyle and fear psychosis. Business teaches you to be fearless in life and enjoy every second of your life.
Please refer to the poster that I have attached below to get a brief idea of what will be covered in the classes. I shall try my level best to incorporate all the concepts that can help you to achieve the dreams that we had nurtured during childhood and which most of us have forgotten because we have got involved in the rat race.
My aim is not to focus on theory. Schools and universities have taken care of that. If you can sacrifice one economy class ticket (assuming it to be Rs 4500) for the course, I can ensure a lot of business class flights for you in the future.
Your friend,
Vivek
A lot of you missed the orientation on the 24th of July and hence are not aware of what the classes will be on.
My focus in the classes would be to impart in the most simple manner how easy it is to be in charge of your finances and not be burdened by debt which a lot of people are under thanks to the many financial institutions. It would focus on the different asset classes and how by keeping things simple you can work wonders for yourself. This is probably the only financial course which will not focus on too much Mathematics and people who have the phobia of Maths need not worry. The toughest calculation would be something like 70 divided by 210 multiplied by 100. The course has been designed for all streams (commerce, science, arts, engineering, mass communication etc ). Utmost care has been taken to make it very easy to grasp and remember and it is for any person who knows how to read and write.
My aim is to ensure that all of us acquire assets in life. Most people in life acquire a lot of liabilities and think it is an asset. Robert Kiyosaki states that an asset is something which puts money into your pocket and a liability is something which takes out money from your pocket.
A lot of financial products are available in the market and the lay man is bound to get confused. You can avail of a credit card just by clicking your mouse. Home loans, car loans sound very cool. We purchase a car and a house because it enhances the quality of our life. But does it actually improve the quality of our life if the EMI monster knocks at the door every month?
There are only 2 asset classes that create wealth in the actual sense of the word. a) Stocks b) Real Estate. The other asset classes are for safety of capital (Fixed Deposits, Recurring Deposits etc) and risk cover (Insurance).
Consider this.... Why does the Government of any country offer tax breaks on home loans or repayment of interest on home loan? This is because the interest on such loans is an income to the financial institution which has given the loan. Banks and financial institutions spend a lot of money on political campaigns. In return the Government It is for this reason that you hardly get tax benefits on savings account, fixed and recurring deposits since that is an expense for the bank.
Most people do an MBA thinking only about placements. I always thought that MBA means Master of Business Administration. Why keep on slogging for 25-30 years of your life for a company and worry about the next recession that is about to happen or the next layoff that would happen? We are living in the Information Age where it is possible to become a multi millionaire by working smartly rather than working very hard.
Think about this.... People say that you get life just once.Live it king size. How many people who are working under a boss enjoy life 24*7 and have great financial freedom. As per one of the statistics in a magazine, 90% of the employees just enjoy one day of the week "Saturday". It means that 6/7th of your life is spent cribbing. I always thought that school was enough for that kind of a mundane lifestyle and fear psychosis. Business teaches you to be fearless in life and enjoy every second of your life.
Please refer to the poster that I have attached below to get a brief idea of what will be covered in the classes. I shall try my level best to incorporate all the concepts that can help you to achieve the dreams that we had nurtured during childhood and which most of us have forgotten because we have got involved in the rat race.
My aim is not to focus on theory. Schools and universities have taken care of that. If you can sacrifice one economy class ticket (assuming it to be Rs 4500) for the course, I can ensure a lot of business class flights for you in the future.
Your friend,
Vivek
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