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How to Build 21 Crores by Age 43 - A Seafarer’s Financial Guide! Timestamps 00:00 Video Content 00:52 Guest Introduction 02:00 How did Captain Avinash's Shipping Career Start 04:15 Prank onboard First Cadet Ship 07:13 Deadly Experiences on First Cadet Ship 09:30 Tossed into the Sea By The Hurricane 12:32 Rescue of a Crew Member From Enclosed Space 15:28 Safety on Ships in the 90's vs Now 16:08 Concept of Power Distance 18:00 The Fun of Sailing 19:59 Entertainment on Ships in the 90's vs Now 24:30 Ideal Financial Journey of a Cadet 25:30 Importance of Financial literacy 29:30 What is an Emergency Fund 32:00 How Should a Cadet Invest? 32:56 Investment for Junior Officer in Merchant Navy 35:35 21 Crores by Age 43 36:30 F.I.R.E Financially Independent Retired Early in Merchant Navy 37:54 Systematic Withdrawal Plan 40:51 Power of Compounding 41:50 Buying a House vs Renting 43:00 Investment for Junior Officers 46:00 Living within Your Means 46:40 Effects of Social Media 48:56 Salary in Merchant Navy and Inflation 53:00 Gold vs Gold Bonds 55:10 Life of a Captain 56:42 Close Encounter with Pirates 59:23 Transition from Ships to Shore 1:01:00 Leadership 1:03:58 Marine Accident Investigator 1:07:12 Unique Job in Merchant Navy 1:08:19 Message for Seafarers 1:09:15 Skills Developed As a Sailor Captain Avinash Social Profile / avinash-rego-314abb55 https://www.instagram.com/captain_avi... In the maritime world, we’re so busy thinking about our next contract, getting sea time, and planning our vacations that we often don’t think long-term about our finances. But the reality is, whether you’re a cadet starting out or an experienced officer, your financial journey is crucial for a secure future. For this episode, I had the pleasure of sitting down with a guest who brings 28 years of maritime experience, but also an incredible wealth of knowledge when it comes to financial planning specifically for seafarers. We talked about everything from: • Starting a financial journey as a cadet and the things you should know early on • The magic of compounding and how small investments now can pay off big later • Why having an emergency fund is critical, especially for those long stretches at sea • Buying vs. Renting: What’s the smarter choice for seafarers with a global lifestyle? • How to tackle the challenge of inflation and stagnant salaries in the Merchant Navy • Gold investments: Physical gold vs. gold bonds—what’s the better option? This episode is packed with real-life insights, practical advice, and experiences that are relevant to every seafarer. We also break down some old myths about how things used to be in the 90s and what’s changed in today’s industry. Why should you listen? If you’re serious about your future, it’s time to think beyond the next paycheck. The choices you make today can impact your financial security tomorrow. 🎥 Tune in tomorrow at 7 PM IST to learn how you can take control of your financial future while sailing the high seas. Let’s steer our careers in the right direction, together! ⚓💼 Welcome to KSN Films, where the maritime industry meets innovative storytelling. Founded in 2024 by Karanvir Singh Nayyar, a seasoned Navigator and creative force with 450K+ YouTube subscribers, KSN Films is dedicated to revolutionizing how the maritime community connects and communicates. About Our Founder: Karanvir combines his maritime expertise with a passion for filmmaking, editing, and podcasting. His work has inspired and educated countless aspiring seafarers, and now he’s bringing that same dedication to KSN Films. SOCIAL MEDIA ACCOUNTS 📹 Follow me on Instagram - https://www.instagram.com/karanvir.na... Follow me on Linkedin - / karanvir-singh-nayyar-4b8032157 Follow me on Facebook - / karanhiyo Follow me on Twitter- / nayyarkaranvir #FinanceForSeafarers #SeafarerLife #MerchantNavy #FinancialLiteracy #MaritimeIndustry #SmartInvesting #PlanForTheFuture