Why India's YOUTH is getting dumb(er) with MONEY?

Most ain't earning as much as they spend. They're either feeding on parents pension or farms/property and 18-25k bpo 

Dikhava and bhedchaal

Expense became higher than income

Wanna show off in Instagram and other social media site . Recent example from my own relatives,  one relative earning quite good have purchased a car and posted it in some social media site , next week other relative query about the rate of the car and purchased car which is slightly expensive than it but on "loan" . And fast forward to now within few months they not using car bcz of petrol price while paying emi.  Dumb , ego,  show off on social sites making them poor indirectly. 

So more far from you are from reality more poor you gonna become.

The irony is that this YouTube video is from the same FinFluencer who promoted a shady crypto platform (Vauld) which then went kaput resulting in massive losses to his followers. Who's the dumb youth now ?

Coz we get our finance tips from Instagram now

BlueFlash wrote:

The irony is that this YouTube video is from the same FinFluencer who promoted a shady crypto platform (Vauld) which then went kaput resulting in massive losses to his followers. Who's the dumb youth now ?

yes thats true crypto should be kept in your wallet this has been the fundamentals even his holdings are stuck by the way

Metamask is a good option for a wallet just don't forget your secret people don't really understand the difference between your wallet and a corp holding your funds two different things
old crypto ppl have been using software/hardware wallet from the start

BlueFlash wrote:

The irony is that this YouTube video is from the same FinFluencer who promoted a shady crypto platform (Vauld) which then went kaput resulting in massive losses to his followers. Who's the dumb youth now ?

His followers. 

But nobody is 100% right. That's why take the good qualities only. 

I don't understand the logic behind people sharing YouTube videos in this forum.

kukdookoo wrote:
Dikhava and bhedchaal

Translation - Showing off Goat's walk 😅

superdesi wrote:

I don't understand the logic behind people sharing YouTube videos in this forum.

Read the topic, you’ll get your answer. ‘Ignore money’. 

Faug wrote:

Read the topic, you’ll get your answer. ‘Ignore money’. 

Nothing to read there. For a few dumb guys, all are being called dumber.

superdesi wrote:
Nothing to read there. For a few dumb guys, all are being called dumber.

Jokes apart, it’s fine though. Public forum and anyone can post anything without breaking rules. 

kukdookoo wrote:
Dikhava and bhedchaal

True ... if schools dont teach about finance, the children learn from the society !

Faug wrote:

Jokes apart, it’s fine though. Public forum and anyone can post anything without breaking rules. 

Then try Clickbait tactics here, and you'll be called out by the dimers.

This is the same guy that argues on Twitter that having 1L/month is not enough and that buying a house is a terrible investment

Financial Influncer oh the irony.