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In Class 1 of Basic Finance, we dive into the fundamental questions of investing—why, when, and how to start. Learn about the risks of not investing, the benefits of starting early, and the essential 50-30-20 hack to balance your desires with financial growth. We also cover how much money you need to begin and the long-term impacts of delaying your investment journey. This introduction sets the stage for your financial literacy, helping you make informed decisions from day one. Time Stamps 00:00 Introduction 01:25 What happens if you don’t invest? 02:45 What happens if you invest? 03:10 Why do we need to invest? 04:00 How much money do I need to start my investing journey? 04:50 What happens if you start your investment journey late? 06:00 How starting early can help you? 06:38 How to fulfill my desires along with investing? 50-30-20 Hack 07:34 Conclusion Learn more about investing and finance here: https://zerodha.com/varsity/modules/ Other Important Links You can put your stock market knowledge to the test by taking the Varsity Certification test here: https://zerodha.com/varsity/certified/ Social Media Twitter - https://twitter.com/ZerodhaVarsity LinkedIn - https://www.linkedin.com/company/varsity-by-zerodha%C2%AE Instagram - https://www.instagram.com/zerodhavarsity/?hl=en #analysis #investing #finance #stockmarket #financialeducation #varsity #zerodha #bear #emotions #trader #investor Featured Playlist Beginners Guide to Personal Finance https://www.youtube.com/playlist?list=PLX2SHiKfualGsjgd7fKFC-JXRF6vO73hk
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