Money Advice You Should Ignore (If You Love Your Sanity)
Not all Gyaan is good Gyaan - here’s how to protect your wallet (and peace of mind) from useless money advice circulating everywhere.
“Agar paisa double karna itna easy hota… toh sab ban jaate Tata, Birla aur Ambani.”
Bunny was standing in his tiny Delhi balcony, staring at the WhatsApp University messages:
“Bro, this investment is the future! Don’t miss out again. Risk toh lena padta hai life mein!”
One day it’s crypto.
Next day - Options Trading Workshop, 499 only.
Then - Start a business in 30 days, earn ₹10L/month.
Bunny’s head was spinning.
His heart felt FOMO (Fear Of Missing Out).
His brain said “When in doubt, go and meet your Investing Uncle.”
Investing Uncle - Cup in hand, smile on face
Uncle sipped his Elaichi chai, leaned back in his chair and said:
“Bunny, tumhare dimaag pe WhatsApp University ka kabza ho gaya hai.”
Bunny sat on the sofa.
“But Uncle, everyone’s doing all of this only na! Crypto, trading, gold, US stocks, freelancing, flipping sneakers - I feel left behind. Main bhi to kuch Action karu life me, Uncle?”
Uncle chuckled:
“Bunny, boring hone se hi paisa banega, action karne se ulta reaction hoga. The less you do, the more you get.”
The Problem: Too Much Advice, Zero Wisdom
Uncle picked up a pen and a notepad.
“Today’s problem is simple, Bunny.
You’re not suffering from lack of advice. You’re drowning in it.”
“Everyone has a tip and tons of ‘muft gyaan’ these days.
But most of it? Useless. Or worse - dangerous.”
Uncle wrote on the paper:
5 Common Money Advice You Should Ignore:
1. “Rent is a waste of money. Buy a house asap.”
Bunny, EMI sirf payment nahi hoti, it’s an emotional jail.
Renting gives flexibility. Buying makes sense only when you're ready - not because Narain Uncle said so.
2. “Start a side hustle NOW!”
Great… now you’re stressed, broke, and making zero progress.
Hustles are great if you have clarity, time, and skills. Otherwise, it’s just a guilt trip.
3. “Invest in what you love.”
Acha? Toh Bunny, tum Maggi mein invest karoge?
Emotions are for relationships. Investing needs data, not Dil.
4. “You missed Gold? You missed Silver? You missed the stock market rally? You missed the real estate boom? Don’t miss this next big thing!”
Most dangerous word in investing: “THE Next big thing.”
Build your wealth with what actually works, not what is hyped or over-hyped.
5. “Just work hard and save. You don’t need to invest.”
Aur paisa tree pe lagega kya?
With inflation, savings alone can’t protect your future.
Investing = oxygen for long-term wealth.
The Plan: How to Filter Out the Noise
I continued:
“Bunny, treat financial advice like street food - tempting, but verify before you eat.”
Here’s Uncle’s 3-Step Advice Filter:
1. Check the Source:
Who’s giving the advice?
Are they themselves rich from their advise - or just loud?
“Bunny, agar koi ₹10 ka course bech ke tumhe ₹10 lakh banane ka formula de raha hai… toh tum khudh socho….”
2. Match with YOUR Goals:
What’s your plan?
Buying advice without a goal is like buying shoes without knowing your size.
“Just because a particular investment made someone rich doesn’t mean it fits your plan.”
3. Simple > Smart:
The best money advice is boring.
Systematic Investing. Asset Allocation. Diversification.
“Jitna boring portfolio, utni peaceful life.”
Bunny’s Enlightening Moment
Bunny stared at the paper and smiled:
“Uncle, mujhe lagta tha main kuch miss kar raha hoon…
Par sach toh yeh hai - I was just distracted.”
Uncle patted his shoulder:
“Exactly, Bunny.
Zyada gyaan lene se paisa nahi banta — sahi gyaan lene se banta hai.”
Uncle opened a past blog on his phone and showed Bunny:
“Building Resilience for Market Downturns”
“This, Bunny, is real advice. Practical. Peaceful. Permanent. (3Ps)”
Bunny Gets His Power
Next day, Bunny did something radical:
Unsubscribed from 15 YouTube finance bros
Resigned from all WhatsApp University groups
Set a simple monthly SIP into an index fund
Subscribed to Investing Uncle’s blog
And most importantly - he breathed, he gained peace, he felt in control.
My Reader = Hero
You’re not missing out.
You’re not behind.
You’re just surrounded by noise.
Take a breath.
Ask yourself - “Is this advice for ME?”
Then follow the Bunny Way:
Ignore the hype
Stick to the boring good stuff
Invest slowly, wisely, peacefully
Because money isn’t about catching trends.
It’s about building a life.
“Jab sab bhaag rahe hoon… uss samay thoda ruko aur socho.
Paisa dimaag se banta hai, bhaagne se nahi.”
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Hope this blog adds real value to your long-term investing journey.
If YES, Maybe you treat Uncle with a cup of Tea?
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Any person referred to in this post is purely coincidental. The characters, names, and situations mentioned are for illustrative and educational purposes only and are not intended to represent any real individual.
‘Investing Uncle’ is NISM Series V-A Certified (Mutual Fund Distributor’s Certification Examination) conducted by National Institute of Securities Markets (NISM)
Investing Uncle is not SEBI/AMFI Registered.