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Sushil Kumar KBC Story। What happened to Sushil Kumar? Importance of Financial Awareness।

               In 2011 there were happened many incidents which were memorable for all later. And one of the interesting incident is the episode of KBC where Sushil Kumar won 5 crore rupees. In fact this episode broke the TR or Television Rating Record. The record was broken because a common man won 5 crore rupees. So most of all knew the story of sushil kumar how he made crorepati but few of them knew what happened with him after winning crore rupees. So here you are informed about the rise and fall of Sushil Kumar

Sushil Kumar KBC Story। What happened to Sushil Kumar? Importance of Financial Awareness।

               In 2011 there were happened many incidents which were memorable for all later. And one of the interesting incident is the episode of KBC where Sushil Kumar won 5 crore rupees. In fact this episode broke the TR or Television Rating Record. The record was broken because a common man won 5 crore rupees. So most of all knew the story of sushil kumar how he made crorepati but few of them knew what happened with him after winning crore rupees. So here you are informed about the rise and fall of Sushil Kumar. 


            Sushil kumar belongs from Motihari, Bihar. He firstly worked as a computer operator. After winning 5 crore rupees in KBC he got 3.6 crore rupees after taxation. He thought that he would go Delhi for coaching and be an IAS officer. But his dream remained as a dream. But after winning he started to live a luxrious life. Everywhere everyone was discussing about him. He was called as a cheif guest and motivational speaker in surrounding occasions. He attended many programmes on a month for that he could not prepare for ias. 


             After winning 3.6 crore rupees in KBC he didn't think about savings. He just thought what he could do with this money. At first he made three floor building and helped his brothers and relatives to build their business. For this he gave a lot of money. He also joined in small philanthropic activities. He also started CAB business with his friend in delhi And his travel to delhi was increasing. In this phase he addicted to alcohol. And this addiction became so high that their relation went to divorce. 


             After that he went to Mumbai to be a film director. Going there he wasted lot of rupees. And when he understood it became very late. All the different business he gave money was failed. His money that he donated was gone to fraud people. After understanding his mistakes he tried to make distance from  his mistakes. He stopped to drink alcohol and other bad habits. He started to focus on reading. He was preparing for Bihar teacher elligibility test and fortunately became a teacher. Now his salary is 18000 rupees/month. Before knowing the mistakes that sishil had done i want to tell a case. According to statistics most of people who won lottery again reached the same position from where he started. Let's inform you a another incident.


           This story is about Mr Cornelius Vanderbilt's family. Mr Cornelius Vanderbilt was  the richest person on that time. After his death his family got 1 billion dollar or 15000 crore ruppes. With this money they bought big hoises where thet never lived. To impress other richest person they bought big mentions and started to held big parties. And in this way when they lost their money they could't understand. Now in their current generation they have not the net worth more than 5 crore rupees. And this is happened because they didn't manage money properly. There are some rules to manage money. If you don't follow them them your condition may be liked this. 


           It says that do saving first and then do spend. As for example you can take sushil kumar or Cornelius Vanderbilt's story. Next generation of mr Cornelius Vanderbilt never thought about saving. They only spend their money. If you think that you do spend first and then do saving then you can not make money. Firstly save money then spend money. The second rule is that 10-15% of your income have to save continuously. And invest the money in right place and the income that is generated from investment again do reinvest. And you have to invest conrinuously. Where to invest now? It is a good question. We see that manh ponzi schemes are available in marketwhere they assure that money double in 25 /30 days etc. And thus people's money sank. And we see or hear the ponzi schemes occasionally. So you can not invest anywhere. For this you need proper knowledge, understanding and personal finance.


           If you tell about people who get sudden huge amount then they should plan about retirement and they can choose government bonds for long term as their retirement plan. Also they have to understand other assets class. They have to focus on equity asset class. They have to check that will they do invest in stock market directly or with the help of mutual funds? And every asset class have their own risk. So to invest in asset class they have to understand and measure risk. And for this they need financial awareness. If you invest all your savings in asset ckass like bitcoin then you take huge risks. You can not invest huge in cryptocurrencies in like this. So you should invest after measuring risk and other factors. 


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