Best Financial Advice || Acharya Prashant

Acharya Prashant

Full Video: Unlocking Success: Why Financial Literacy is a MUST-HAVE in College! ||Acharya Prashant, NIT-J(2023) ➖➖➖➖➖➖  🧔🏻‍♂️ Want to meet Acharya Prashant? Be a part of the Live Sessions: https://acharyaprashant.org/hi/enquiry-gita-course?cmId=m00046  📚 Want to read Acharya Prashant's Books? Get Free Delivery: https://acharyaprashant.org/en/books?cmId=m00046  📝 Read 3 handpicked wisdom articles, just for you: https://acharyaprashant.org/en/articles?cmId=m00046

Transcript

00:00You want to buy a car and you already have a car, you want to sell it.

00:03Now it's one of the classical problems in finance management.

00:07Should you sell this one off?

00:09Should you buy a new one or should you simply lease a new one?

00:12Which one is the best?

00:13An option being the best, it should give you the maximum positive financial return, right?

00:18So that's how finance operates.

00:20Value education is when you try to see whether you really need a car just because your brother

00:26in law has bought a new one.

00:28That's value education.

00:29Value inquiry is about asking, what really is the value in that?

00:33Why must I go for it?

00:34And if I have to go for it, then I will, definitely.

00:37But do I need to?

00:38And if I feel very strongly about pursuing that object or that good or that goal, where

00:42did my desire come from?

00:44I never always had this desire.

00:46Surely it sprang up someday from somewhere.

00:49What caused it?

00:50That's value literacy.

00:51More than financial literacy, we need to be value literate.

00:54Otherwise you can be financially very smart and yet a huge idiot.

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