25 din me Paise 💵 double??
Is it possible ?? Do we really need to have 70 Lakhs rupees ?? Let's answer.
How much interest is needed for 25 din me paisa 💵 double??
Rule of 72: Suppose the agent says: Your Rs 1 lakh will grow to Rs 2 lakhs in 15 years, divide 72 by 15. Your annual return is 4.8 percent, near the 4.73 number that a more exact calculation will give. So, 72/(25/365) = 1051% per annum. Now, does this look like a possible figure to you??
Personal Finance is Boring
If you want a THRILL, go to your nearby adventure park. Keep your money management boring, plain, and simple, just like Khichdi. This wiki is not about how to double your money in 25 days or to double your money in a single day. It's about using your hard-earned money to generate more money while you are not really looking at it.
The world doesn't want you to make money !!
Indians have always tried to justify their poverty using these idioms. But are we in 80s India, where money is a luxury, and the Rich are evil bloodsuckers who exploit hard-working people?? NO !! India has digitized. The Manmohan Singh-Narasimha Rao 1991 Reforms led to the creation of the middle class in India. The 1992 Harshad Mehta Scam led to the creation of SEBI, one of the best regulators in the Indian Economy. There is a lesson from Richest Man in Babylon: To become rich, you need to study how to be rich.
You can't become rich if you become greedy when you see the first big bump in your salary. You start getting five credit cards and put yourself under EMIs for buying an iPhone 15 Pro, burning 80% of your income.
You can't become rich if you are not thinking and doing something about increasing your salary even more by improving your core skills every day.
You can't become rich if you don't think about your health as an asset in which you need to invest every day.
You can't become rich if you don't respect your money. Japanese receive money with folded hands, let that sink in!!
Last updated