'Buy land before buying a car': Financial advisor shares Gujarati family money rules for building wealth
· economictimes.indiatimes.com
Financial advisor Prem Soni shared 10 Gujarati family money rules focused on building long-term wealth rather than appearing rich. He advised buying land before luxury cars, diversifying income, waiting for payments before celebrating profits and teaching children about money. Other lessons include protecting relationships with clear lending terms, living below your means, building wealth actively and prioritising financial security so future generations have fewer money worries.
‘Buy land before buying a car’: Gujarati money rule focuses on assets
A salary is not permanent security
Screenshot of the post.
Don’t celebrate profit...