Welcome to Episode 5 of Personal Finance for Beginners! In this episode, Karthik Rangappa unravels the world of wealth creation. Understand the basics as he explains what wealth creation is and breaks down financial goals using easy examples. Karthik outlines the key attributes of financial goals, stressing the crucial role of time in wealth creation. Stay tuned as he shares practical insights on how to kickstart your wealth creation journey.

Time Stamps
00:00 Introduction
01:26 What is Wealth Creation?
01:58 Two parts to wealth creation
02:14 What are financial goals?
03:06 What are financial goal attributes?
04:53 Time frame for wealth creation
05:27 How to create wealth?
06:25 Conclusion

Links to Refer
Learn What is an Emergency Fund? How to build it? Personal Finance for Beginners Ep - 1
   • What is an Emergency Fund? | How to b...  

Learn Common mistakes while buying life and health insurance | Personal Finance for Beginners Ep -2
   • Common mistakes while buying Life & H...  

What is Debt Trap? Common mistakes to avoid while taking debt | Personal Finance for Beginners Ep - 3
   • What is a debt Trap? Mistakes to avoi...  

Why saving money is important? | Save early, Save better | Personal Finance for Beginners Ep - 4
   • Why saving money is important? | Save...  

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