LIC IPO: Explainer Thread 🧵

Should you really subscribe? Who’s getting what? Starters? Some Key Factors 💡

• LIC is synonymous with insurance in India.

• LIC owns own 4% of all listed stocks in India and more government bonds than the RBI.

• LIC manage asset of Rs 39 lakh crores. That is more money than the entire mutual fund industry combined

Privacy > Cashback

Important Thread for people who want don’t want to use CRED or any third party credit card bill payment app. 🧵

The payment is instant in 99.99% cases and helps you in an emergency. • American Express

UPI ID: AEBCxxxxxxxxxxxxxxx@sc

xxxx = your 15 digit card number

Link: billdesk.com/pgidsk/pgmerc/…

How to Travel effectively, save money and be smarter than 90% of other people! ✈️🎒

A Thread 🧵 1) Flight Ticket Booking 🛫

Avoid Indian ticket booking OTA, most of them charge excessively.

Compare price on @Skyscanner @Google Flights and the Airline Directly. Also check for bank offers.

One of the EdTech Startups laid off over 150 employees, teachers on strike, parents confused, EMIs being deducted with no customer support.

What's in it for the entire Startup Industry, Customers and Jobseekers?

Long Thread 🧵| Appreciate the RT 🙏 The worst thing you can do to your employees is terminate them without any notice period or salary,

That's what LIDO Learning did earlier this month over a virtual town hall and asked the employees not to work from the next day. (2/22)

When life seems too hard to handle
and you feel the world would be better off without you. 🧵 I used to think the same thing and then I held someone in my arms.

Have you ever been in love?

Horrible, isn't it? 🧵 It makes you so vulnerable. It opens your chest and it opens up your heart and it means that someone can get inside you and mess you up.

Investing & Personal Finance for Absolute Beginners

13 Important Learnings | A Thread 🧵 • Create a Google Spreadsheet

Add various Assets like Bank accounts, FDs, Stocks, MF, Crypto, and Liabilities such as loans, Credit Card, Rent etc.

You should have clarity on your cash flow and net worth. (No, Apps wouldn't help that much.)

Tip: Use Google Finance API 👇

Even if I get a lawsuit for writing this but platforms like Dhani are the ones who make consumers and the entire industry suffer,

FinTech and Startup customers take a note, Please RT for Awareness 🙏🧵 If you have an active PAN Card this post is for you, you can be a student, working professional, freelancer etc and maybe use a couple of payments, FinTech apps on your phone.

Facts and Myths about Credit Cards 💳🧵

Read 5 and 9 to understand Fee and Taxation 👇 1️⃣ Credit Cards are only meant for Shopping 🛍

One of the biggest myths about Credit Cards is that people think they can only be used for shopping and unnecessary spending.

Professional Update 📣🚨

Super excited to announce that I have joined the Incredible Team of @JarAppHQ to grow Partnerships and New Initiatives. 🎉🚀

We are building some really exciting stuff and I’m truly elated to be part of it. Looking forward to your continued support :)🧵 And I'm delighted to continue my learning journey and to build on the strength of the team.

Working with this Founding Team is an absolute pleasure, Thanks and a big-big shoutout to @agNishchay @misbahspeaks for all the support extended. 🙏

P2P Lending, Highly Sophisticated MLM scheme or Glorified Fintech Chit Fund?

CRED Mint and A Thread 🧵 CRED has recently launched P2P lending product CRED Mint (upto 9% returns), currently invite only.

This🧵 will help you understand :

• Opportunity/Review

• Risk Parameters

• Investing Instruments

Let’s understand what exactly is P2P Investing/Lending?

Gandhi Ji and Advice 💡

Free Thread 🧵 (1/6) So there was this Ashram of Gandhi Ji where he used to interact with visitors every evening.

One lady went and asked: Bapu, my son eats a lot of sugar (Jaggery). He’s addicted and I'm tired of explaining this to him. What to do?

We're 8500 strong now, Thanks Twitter ❤️🙏

As always I'm grateful to each one of you, here’s a little journal about how my journey has been so far. 🧵

(This will be relatable, Do RT if any of my Threads have helped you. It motivates us to write more.) I never liked Facebook, Instagram, Snapchat, TikTok, and all other social media platforms for many reasons,

Deleted everything a few years back, was passionately active on LinkedIn since 2013, and grew the follower base to 25k.

So few private banks have started mailing new debit cards without any replacement request.

ICICI tops the chart, followed by HDFC and IndusInd. Debit card fees vary from ₹500 to ₹5000.

God save the customers! 🙏 IMHO RBI should come with a mandate that enforces banks to issue virtual debit cards with NIL or the lowest fee via Mobile Banking upon customers interest.

There’s no point in paying a fee when you don’t use the product, UPI works well. RT if agree!

(BoB and few banks does it)

This is the story of the hottest and one of the fastest-growing Fintech in India 🇮🇳

A product that is very close to my heart. Long 🧵 But before that let’s talk about some numbers,

Data says around 80% of the Indian Population or 4 out of 5 people have one or more bank accounts in this country.

SBI alone serves more than 45 crore customers and has 1/4th share in the market.

5 Years, 259 Live Banks and 3.5 Billion Transactions worth ₹6,54,352.81 crores processed in September 2021.

UPI has not only empowered India with digital payments but has also benefited the entire Indian startup ecosystem.

The world is praising us, give credit where due! The other major drivers:

https://twitter.com/ravisutanjani/status/1411589338819817472

Do solo traveling, not only because it recharges your soul but upgrades your perceptions. 🧵 Allow your body and soul to rest, when you travel with friends or family the purpose is different.

When you travel solo, you are with yourself. You introspect, think deeper about life, goals, ambitions, 'kya khoya, kya paaya, kya karna hai' etc.

ABC of Financial Independence 🧵

Have spent a good time creating this thread that covers the basics and will help you understand your finances better.

RTs Appreciated. 🙏 1️⃣ Know your expenses! 💰

You can’t measure what you can’t see, how much money you spend each month? How does your cash flow looks like?

You don’t have to track everything but you should know the SUM. There are many apps or even a credit card or spreadsheet can help.

No wonder why I’m not surprised with this Sonu Sood event. Indians are emotional, not rational.

Not the first time, we’ve the habit of worshiping people, giving them God status.

Read today’s Economic Times, the IT department found ₹200 Cr bogus deals from 28 premises. He also setup a charity foundation in July 2020. Collected donation totalling ₹18.94 Cr out of which ₹1.9 Cr spent on relief work and the rest of the balance underlying unutilised.

Some amounts have been raised from overseas donors that violates FEMA regulations.

The choice of music says a lot about one’s personality, here are few Hindi songs that can reach your soul, make you feel better.

You wouldn’t regret listening to any of them, these are gems from my list.

RT if ❤️🎶 Husna

Underrated Personal Finance Advice to colleagues who are just starting their career:

1️⃣ Download a PDF copy of your payslips/Form 16 from the HRMS Portal, save it to Google Drive. When you leave HRs may/may not be supportive so no point in ignoring.

A Thread 🧵| RT 🙏 2️⃣ Verify the details in EPF Account

EPF contribution of employee+employer gets deducted from your payslip every month and you will find UAN Number mentioned there.

Log in to unifiedportal-mem.epfindia.gov.in/memberinterfac…

Update KYC, Nominee, Contact Details, Exit Details, etc if not correct.