Curated from: Sandeep Maheshwari
Ideas, facts & insights covering these topics:
13 ideas
·6.85K reads
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Sandeep explains there are many ways to earn money, like starting a business or investing, and warns against “get-rich-quick” schemes often seen on YouTube.
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686 reads
Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn’t, pays it.
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637 reads
He discusses compound interest, where you earn interest on both the money you invest and the interest it accumulates, which can greatly grow your money over time.
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594 reads
Sandeep points out that paying only the minimum on credit card bills is a mistake, as it adds to debt and takes away from the benefits of compound interest.
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577 reads
Inflation, or the rising cost of goods, can reduce the value of your money over time. Earning a high-income today may not mean as much in the future if inflation continues to rise.
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516 reads
He recommends putting savings in accounts or investments with higher interest rates to grow your money instead of letting it sit idle.
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519 reads
Sandeep suggests ways to earn passive income, which lets you make money without constant effort. Options include high-interest accounts and some simple investments.
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522 reads
He advises comparing different investment options to find ones that offer good returns. For example, a profitable business investment may be worth prioritizing.
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464 reads
AI is changing jobs, like stock photography, as AI-generated images become more popular, impacting traditional photographers.
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484 reads
The stock market is filled with individuals who know the price of everything but the value of nothing
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404 reads
Sandeep urges caution with stock market investments. While it has potential, you need knowledge and careful planning to avoid losses.
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413 reads
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189 reads
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CURATOR'S NOTE
Don't Fall for Get-Rich-Quick Schemes
“
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