Full video : Unlocking Success: Why Financial Literacy is a MUST-HAVE in College! ||Acharya Prashant, NIT-J(2023)
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00:00The fellow has access to an online tool and that is telling him how much must he save
00:06every month and how much must he deposit from his quarterly bonus.
00:11So that at the age of 50, he has a corpus worth retiring.
00:17But he does not know what to do really till the age of 50 or after the age of 50.
00:22But what he knows quite smartly is that if you put this much here, this is how mutual
00:26funds operate.
00:27This is how international markets operate.
00:29And if I do all this quite smartly, then I'll be able to save this much.
00:33What will you do by saving that much?
00:36What will you do with that?
00:37That is a question that has never been answered.
00:39And that is the most fundamental question.
00:41Without answering that question, all other questions and answers are purely worthless.