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153 views12 pages

Make and Grow Money The Right Way (Free Sample)

This is a free sample for Make and Grow Money The Right Way. You can access it and read the full content by going to MillennialPaisa.com.

Uploaded by

Ankit Chawla
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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You are on page 1/ 12

BY ANKIT CHAWLA

Podcast Host, Millennial Paisa | Content & Social Media


Marketer
© Ankit Chawla

All Rights Reserved


First Edition, 2020

© Ankit Chawla, 2020


Cover design by Aman Singh

No part of this publication may be produced, or


stored in a retrieval system, or transmitted in any
form by means of electronic, mechanical,
photocopying or otherwise, without prior written
permission from the author.

Requests for permission should be addressed to


stockholics@gmail.com.

New Delhi
millennialpaisa.com
DISCLAIMER
None of the contents of this book are to be considered as
professional advice. They contain recommendations from the
author, and should not be treated as professional tips.

The information provided in this book is designed to provide


helpful information on the subjects discussed. This book is not
meant to be used, nor should it be used, to invest in any financial
instrument. The publisher and author are not responsible for any
loss and are not liable for any damages or negative consequences
from any recommendation, tip, or advice to any person reading or
following the information in this book.

You understand that by reading “Make and Grow Money The


Right Way” you are not receiving investment advice. No content
published here constitutes a recommendation that any particular
security, portfolio of securities, transaction, or investment strategy
is suitable for any specific person. You further understand that the
author(s) are not advising you personally concerning the nature,
potential, value or suitability of any particular security, portfolio of
securities, transaction, investment strategy or other matter.

You alone are solely responsible for determining whether any


investment, security or strategy or any other product or service, is
appropriate or suitable for you based on your investment objectives
and personal and financial situation. You should consult a qualified
professional for any advisory of a transaction or taxation.

References are provided for informational purposes only and do


not constitute endorsement of any websites or other sources.
Readers should be aware that the websites listed in this book may
change.
TABLE OF
CONTENTS

Chapter 1
Introduction

Chapter 2
Understanding The Relationship Of
Money

Chapter 3
Making Money

Chapter 4
Saving Money

Chapter 5
Investing Money
Chapter 6
Spending Money

Chapter 7
Life Tips That Will Help

Chapter 8
Conclusion
INTRODUCTION
Money is beautiful. It’s the most important thing in
life. Don’t get me wrong. I’m talking about freedom
of choice.

Everyone has a different relationship with money;


some consider it to be a means to an end while others
associate it with status.

It’s important to understand your dynamic with


money. You need to find out how much money drives
you to perform certain tasks, pursue careers, or how
much it influences your personal relationships.

In the first chapter, we will start with the basics. I’ll


tell you ways in which you can understand what you
want to do with your money, help you align your
goals with it, and move ahead.

We will talk about your career, your side hustles,


non-professional bonds, and other factors that
influence this relationship.

Then, I get into the art of making money. Ways to


optimise your life and career in such a way that you
make the most out of your time and your skills.
Next, we jump into the crucial task of saving
money. The primer you need before you start
growing your money.

After that is the most important part of the book. The


different ways in which you can invest your
money, in an attempt to multiply it for the purpose of
fulfilling your life goals.

There is also a chapter on the concept of spending


money. It involves optimising your life to spend less
while staying satisfied.

And, a bonus chapter with life hacks that


complement your journey towards creating wealth.

I recommend reading a maximum of one chapter a


day to fully absorb the thoughts and experiences that
have gone into it.

Good luck.
•••

UNDERSTANDING
YOUR
RELATIONSHIP
WITH MONEY
“MONEY IS A TERRIBLE
MASTER BUT AN
EXCELLENT SERVANT.”

- PT BARNUM
AN IMPORTANT LIFE
SKILL
Our school education system focuses largely on
knowledge and mostly avoids the ability of students
to adapt to skill-based learning.

Life skills are important tools for everyone’s


personality and career. Without them, you can’t
expect to achieve everything based on just
knowledge. Much like the others, money
management is also a crucial life skill. I believe it is
the paramount skill to have in life. If you know how
to effectively make and manage your money, you can
pretty much balance everything around it.

However idealistic you might be, we live in a largely


capitalist world where money bows to none.

That’s because it gives you the freedom to choose a


bigger house, a faster car, a comfortable lifestyle, and
even more satisfying careers. Personal finance skills
like budgeting, investing, and judicious spending
should be on your priority list.

The chapters of this book are sure to make a


difference if you are keen on absorbing as much
knowledge as possible for having a streamlined
financial situation.
THE INDIAN TABOO
Money is an important part of the Indian society.
Everyone wants to make more to improve their social
status.

But no one wants to talk about it. You’ve probably


never thought of it in this sense. There is enough
discourse about economy, markets, and GDP. But
when it comes to discussing money matters, most
people shy away from it.

I can bet a lot of you don’t know how much your


parents make in a month, how much they invest, what
kind of savings they have. You are lucky if you do.

Call it superstition or creating a protective


environment, we as a society are averse to
discussing money making and investing publicly.

To start off, be more aware and transparent when it


comes to money. Discuss with your close friends and
your immediate family. Discuss how much you
make, how much you would want to make, which
avenue is a good place to invest in, and so on.

Defeating the taboo will open up the conversation on


money, and could really bring newer ideas to the
forefront. Thinking about money as a collective could
benefit everyone involved.

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