My #paisavaisa podcast hit 250 episodes today (+89 Hindi Q&A episodes long ago). Sharing some of my thoughts in a Q&A format here, hope it's useful.
Q: Why did I start a personal finance podcast when there are tons of resources on the internet?
A: For fun. Really. @doshiamit and I started this in 2017. I was sure I'd stop in a few months. But we got really lucky that people listen to us.
Is there money in podcasts?
We got very lucky in 2019. @BeingPractical believed in #paisavaisa (shout out to @PaytmMoney
for the love and support!) but sponsorship didn't start from Day 1 and sponsorship isn't forever.
How much money is there in podcasts?
It doesn't pay my rent but (whenever I do make money) it's enough to cover expenses and time spent on it. I'd be daft to rely only on podcasts for money. There's only one Joe Rogan and that ain't me.
How do you ensure quality?
I can't. There are good episodes and there are bad episodes. I try my best but I know sometimes that's not enough.
Why should we even care about personal finance?
It's your money. You work, you slog, you spend most of your living time earning it. You should know as much as you can about saving and spending.
What's in it for listeners?
A huge variety of topics. #paisavaisa focuses on all things money. Crypto, credit cards, startups...we've done a LOT of topics, including mental health.
How can we learn more about personal finance?
Tough one. Different things work for different people. See my pinned tweet.
And finally, a big, BIG thank you to my listeners, my guests, the great team at @IVMPodcasts and my man, the Podfather @doshiamit. THANK YOU!
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My ex-boss. I remember him. I looked up to him. Until one fine day he turned out to be a bigot. Of course he became bolder after...well you know when. And he found he had good company. Over time, I went silent on that WhatsApp group. And now that group has gone silent as fuck.
Then there are people I looked up to on Twitter from back in the day. I've been here long enough. Yeah, I un-followed most of them. There is this one markets guy but I muted him yesterday because, well, he was muted in past few days except for platitudes.
When we first logged on Twitter back in the 2007/2008, a few of us even started a campaign called Voteyatra - to get people to vote. This was a few years after the great @sidin had made a bold attempt at indie media with Hafta which was after blogging great @amitvarma had great success with India Uncut.
My name and address were used for a loan, without my knowledge or consent. I am now being chased by @MobiKwik to repay this loan. Here's what happened.
On 13th March, a CIBIL enquiry for a loan was done on my account by Whizdm Finance. My mistake to have ignored it then.
On 13th March, a loan of Rs30K was originated by Transactree, the company that runs @lendboxin. This loan went on my name with my address and mobile number taken from CIBIL.
Markets are at all-time highs. I think this is why. Thread.
Three things are getting 'factored in' (fancy word for assumed) by investors: a) Modi 350+ in May 2024 b) India GDP at 7%+ for foreseeable future and c) US Fed rate cuts (and RBI) start next year. These are big assumptions.
What can go wrong? If any of the previous three assumptions do not happen. But talking of what can go wrong, take a few steps and look at the past 4 years..