Kya Chit Funds sahi hai? #LLAShorts 180



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Kya Chit Funds sahi hai?
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#ChitFunds #Funds #Investing #LLAShorts 180

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39 Comments

  1. Do not start or participate in chit funds with your family or friends, and do not become the manager of such chit funds. These arrangements may look easy and trustworthy in the beginning, but they often create serious financial and personal problems later.
    During the COVID period, many people lost their savings and were forced onto the roads when chit funds collapsed. Because money was involved with close relatives and friends, many relationships were destroyed.
    Chit funds are also commonly known as ‘VC’. They are usually managed by small business owners and sometimes by working people without proper legal structure or financial planning.
    It does not matter whether you draw early or bid for profit — the profit is always with the manager, because the manager takes the money last and faces the least risk. However, when something goes wrong, the manager is also the first to be blamed, leading to stress, legal issues, and broken relationships.
    It is always safer to keep money matters professional and avoid mixing finances with personal relationships

  2. Issa to hamaraya yaha BC kahata hai … Mere relatives bhi isma participate karta hai . Maine bachpan mein ek baar puch liya tha ki agar haar gaye to tab unhona kaha tha ki jua thodi hai jo har jit hoga 😅

  3. But har bar dip ya bid se pese lene wale bhag jate ya IP daldete he n chit wale ko chit band karke khud bhi bhag jana padta he, baki sab ke pese dubgae😂 (I am talking about unregistered chit funds, registered walo me bhi as such koi Security to nahi hoti?)

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