This Video covers Major Expense Categories along with Phases of Your Life and helps you visualize the zones where financial stress skyrockets.
Reduce the undue pressures, and enjoy the process of wealth creation, without stopping to live a great life during prime years of life.
Building Wealth over 20-30 years is not very difficult if done with the correct plan. Having a Visual Tool to help plan major expenses, and when to avoid them can reduce financial pressures during key phases of life.
Sustained financial pressure is the leading indirect cause of ailments like Diabetes, Hypertension, and even Cancer.
0:00 Introduction 0:35 Golden Rule based on 20+ years of experience 1:05 Financial Stress Measurement Model – Basics 2:18 Understanding the Model – How Stress is Measured 5:23 The Financial Stress Meter – Annual and 5-Year zones 8:38 Guidance 1: Plant Seeds for Future in Early Life 9:24 Guidance 2: Aspirational Expenses post marriage - Relationship Dopamine 10:20 Guidance 3: Don’t waste initial savings in PPF, go for a high CAGR over 20 years 12:14 Guidance 4: Marriages – how much to spend on one-day events. Rethink how many years your parents worked for that one day for you (and you for your children). 13:30 Guidance 5: Zone of Loneliness, unless you manage it well, chances are you will take your money to the grave 14:42 Concluding thoughts
