Why Wealth Explodes After ₹1 Crore? Here's My Personal Experience ...

Shankar Nath September 14, 2024
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Shankar Nath

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Shankar Nath is a SEBI-registered Individual Research Analyst (registration no.: INH000022093, validity: Jul 28, 2025 - Perpetual) I share investing and personal finance advice, strategies and tools to help you grow your wealth. I've been an active investor for 20 years and have worked in banking, lending, insurance and with fintech companies including ICICI Bank, GE Money, Chubb Insurance, Bharti AXA General Insurance, HDFC Life Insurance and ET Money All content presented/published is purely for knowledge purpose and should not be treated as an advice or opinion of any kind. In that context, Shankar Nath shall not be held liable/responsible in any manner whatsoever for any losses the viewers may incur due to acting upon this content Investment in securities market is subject to market risks. Read all the related documents carefully before investing. Thanks for watching!

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🤝 Download the PowerUp Money app https://app.powerup.money/xDsX/shankarnathn ► Join 60,000+ investors reading my newsletter Subscribe at https://shankarnath.substack.com/ 👉 Talk to a Club Mahindra Holiday Consultant : https://membership.clubmahindra.com/sem-in/LP/cmh25_aff/?utm_source=youtube&utm_medium=post&utm_campaign=shankarcmh&campaign=2409WebRegular&refid=CX-youtube-post-shankarcmh The topic of why wealth tends to grow exponentially after hitting the ₹1 crore mark is widely discussed and in this video, I share my personal journey on how my wealth progressively accelerated at different milestones. In my experience, the key reasons for this explosive growth after ₹1 crore include higher income, better financial awareness, and smarter investment choices as individuals become more experienced and secure in their financial footing 👉 Video Chapters: 00:00 My Personal Wealth Journey 02:38 Why the First 1 Crore is Hard to Achieve? 03:47 What Happens After You Cross the 1 Crore Mark? 05:42 Reason Why Net Worth Explodes after 1 Crore 07:14 Role of Compounding in Accelerating Wealth 11:24 How to Reach 1 Crore Faster? 11:43 Step 1 - Better Control over Finances 12:17 Step 2 - Increase Your Income 13:00 Step 3 - Invest in a Diversified Equity Portfolio 13:32 Step 4 - Optimize Your Taxes 14:22 Step 5 - Reduce Your Debts 14:48 Step 6 - Start a Second Income 16:40 Step 7 - Self Discipline & Avoid Limiting Beliefs #networth #buildwealth #wealthcreation Disclaimer: I am not a SEBI registered investment advisor or research analyst. I am not registered with PFRDA or IRDA either. The content posted on this platform is purely for educational purposes and none of it constitutes investing or trading advice. Viewers should do their own research and diligence before investing or acting on the information presented. Some of the links I have posted in the video, the description, the comments and other related resources might be affiliate links

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