Why Indians Hate Millionaires, Love Fixed Deposits, and Get Money All Wrong | Dostcast w/ Sharan

Dostcast

Grab your MuscleBlaze Biozyme Performance Whey now: https://www.muscleblaze.com/sale/biozyme-bestsellers Use code DOSTCAST at checkout for the best discount. Sharan Hegde is the founder & CEO of 1% Club - a finance community which helps people achieve financial independence and creates content to educate people about finance, money management and investments. He is a former consultant who has worked with banks and NBFC and has been featured in Forbes, Economic Times, Mint, Times of India. He has over a million followers on his Instagram channel [@Finance With Sharan](https://www.instagram.com/financewithsharan/?hl=en). In this episode Vinamre and Sharan talk about: - Mindset of people towards money in India and abroad - Common mistakes that stop people from becoming rich - Is fixed deposit still a good financial decision and whether you should buy a house or not - Why money management is important and How to tackle overspending problem - The culture in the USA and His experience meeting MS Dhoni If you want to learn more about money and how to handle it, this episode is for you. Timestamps: 0:00- Introduction 00:55 - Indians Don't Like Rich People 2:58 - Millionaires in the US vs India 5:54 - Add this to your Diet 7:35 - Getting hate on social media 13:06 - Early Life of Sharan 17:15 - Why Buying a House is the Worst Mistake 24:50 - Fixed Deposits: Good or Bad? 32:57 - What is Arbitrage Fund 35:17 - Merits of SWP (Systematic Withdrawal Plan) 37:44 - Why USA Culture is so different from us 47:17 - Fundamental Problems that Prevent You from Getting Rich 55:07 - How Can One Learn About Money? 1:02:07 - Is Life Easy Up There? 1:07:02 - Making His First Crore 1:09:42 - How to Solve Your Overspending Problem 1:17:17 - Why Money Management is Important 1:22:32 - A Rule About Money People Don't Understand 1:26:17 - How He Deals with Vendors and Clients 1:30:52 - Has He Become Less Social? 1:36:02 - Meeting MS Dhoni 1:39:46 - Conclusion ==================================================================== This is the official channel for Dostcast, a podcast by Vinamre Kasanaa. Connect with me LinkedIn: https://www.linkedin.com/in/vinamre-kasanaa-b8524496/ Instagram: https://www.instagram.com/vinamrekasanaa/ Twitter: https://twitter.com/VinamreKasanaa Dostcast on Instagram: https://www.instagram.com/dostcast/ Dostcast on Twitter: https://twitter.com/dostcast Dostcast on Facebook: https://www.facebook.com/profile.php?id=61557567524054 ==================================================================== Contact Us For business inquiries: [e-mail]