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Thriving Self-Made Millionaire Vishal Jain Speaks On How To Save And Invest Money

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When it comes to Digital Marketing, the name Vishal Jain is quite popular. Besides being an all-rounder when it comes to self-sustenance and dedication, Vishal is also a mentor for young people who are willing to take risks and explore new options but are struggling to do so. These individuals can certainly benefit from his advice. 

“​Dropping out of college proves that you have enough courage to go against societal norms,” says Vishal, when asked about why college dropouts are so successful. This is probably why he went on to drop out from college and onto the path which he always dreamt of. 

In 2015, Vishal Jain quit college with a dream of starting his own business. For that purpose, he saved up money by working as a freelancer. After a year of saving up, he started his first business, Sunshy Digital Media Agency. Fast forward 4 years, he is the founder of 5 companies, also author of an eBook and the owner of a house at just the age of 23.

So how does Vishal manage to run 5 different businesses along with saving a substantial amount of money when even the most experienced individuals fail to do so? The trick is simple: investing and reinvesting. The money that he earned from his other businesses and passive sources, he would invest back into projects and investment opportunities that would have positive, multifold returns. 

“Extra cash”, he says, should be invested into stock market and real estate rather than being spent on short-term fancy items such as fancy phones and expensive clothes.

He wants youth today to learn about his 5 percent rule i.e. spending 5 percent of your income and saving the rest. It is simple to say, but a lot more difficult to follow. According to Vishal, the beginning is always the toughest. Sometimes, he would end up spending more than budgeted for special occasions, and then he would spend months making up for the extra expenditure. Like youth his age, he would want to spend more, party more and hang out with his friends but unlike people his age, his urge to make it big was much stronger. This fueled him to save and invest as much and as frequently as he could. This is when he came up with his 5 percent rule; spending only 5 percent of what he makes and investing the remaining 95 percent.

Vishal puts 10% to 20% of his earnings back into his businesses to help them grow. He has not taken out any money till date from one of his company which deals in industrial items, all of the profit is, again, invested back in the company. Furthermore, he invests 50% to 60% of his earnings in shares, mutual funds and savings funds (Govt bonds). 5% of his income is invested in gold and diamonds. Remaining amount is accumulated in FD’s and savings bank accounts, which when presented with some good investment opportunity in real estate or business is used. Vishal believes in doing charitable work and does it by helping kids with hunger through Akshaya patra association. He has also supplied a year’s worth of books and stationery to an entire village in M.P. and keeps donating to various associations related to health welfare. He will also launch his own charity foundation by the end of this year. 

How can that be a possibility for you? Well, that’s easy. According to Vishal, young people should start selling their services on freelancing sites the first chance they get. The modern-day narrative gives young people a larger chance of experimentation than their predecessors ever had. Websites such as Fiverr or Upwork give individuals a chance to learn important skills in life that can help in acquiring better prospects. You don’t necessarily have to quit college; just make sure to experiment with the gazillion options you have on the internet. The rest is saving and investing as much money as you can because your goal should be financial freedom not show off. 

According to Vishal, cash is king; the only thing you need to do is look for opportunities to invest it sensibly. Surely, we can all succeed from sincere advice from a young, diligent entrepreneur like Vishal Jain who is not only willing to prosper on his own but also wants many others like him to follow their dreams and make a name for themselves.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Business

Remote Professionals Getting More Value for Their Work Thanks to Borderless Banking

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Not too long ago, the idea of working remotely from an island in Thailand or a co-working space in Berlin sounded like the kind of fantasy only tech moguls or backpacking freelancers could afford. 

Fast forward to today, and it’s as good as a global reality. Millions of professionals have cut the cord from traditional office life in exchange for flexibility, freedom, and a work-life balance that fits their personal rhythm and not their employer’s timezone.

However, as remote work has reshaped how people earn a living, it’s also pointed out the existing limits to most of the world’s financial systems. Traditional banking simply wasn’t built for a workforce that’s always on the move, operating in multiple currencies, and getting paid across borders. 

Thankfully, that’s where borderless banking like Black Banx have proven vital, and has quietly transformed the way money is managed for people vacationing and working overseas alike.

The Rise of the Remote Work Economy

Remote work isn’t just a pandemic-era trend that faded with Zoom fatigue—it’s become a defining feature of the modern workforce. A recent survey revealed that over 39% of Gen Z and Millennials planned to live and work abroad for extended periods this year, many staying six months or more in a single location. That’s beyond a short trip, and can be considered as good as a sabbatical with a substantial lifestyle shift.

According to recent estimates, the digital nomad economy now also contributes as much as US$787 billion annually to the global economy. And this isn’t just entry-level gig work. A third of digital nomads earn between US$100,000 and US$250,000, while another third take in US$50,000 to US$100,000 annually. 

It is indeed evident that the manner in which many make a living has changed. Unfortunately, most financial systems haven’t kept up.

Where Traditional Banks Are Still Falling Short

For those who have ever tried to open a bank account abroad or receive payment from a foreign client, they already know the drill: the paperwork is endless, delays are frustrating, and the fees? So much to do, even for the smallest amounts of money.

Just to name few of the hurdles remote workers still face with conventional banking:

  • Account setup restrictions: Need proof of residence, tax IDs, or a local job offer—things many digital nomads simply don’t have.
  • Slow international transfers: Payments can take days to process, which is a nightmare when rent’s due.
  • High foreign exchange fees: Currency conversions often come with steep, hidden costs.
  • Limited multi-currency support: Most banks still force users to operate in a single currency, making financial planning chaotic at best.

And perhaps most tellingly, many banks have digitized their operations but haven’t personalized their services. According to Accenture’s 2025 Banking Trends Report, while digital transformation has improved efficiency, it often sacrifices the customer experience. That’s not great news for people who live outside the lines.

Borderless Banking for Professionals Across the Globe

The concept of borderless banking goes far beyond wiring money internationally. Fundamentally, it’s also about being able to eliminate the friction between people and their money, no matter where they are in the world, and maintaining an ecosystem where geography, bureaucracy, and currency don’t stand in the way of financial freedom.

A working example of this is Black Banx, a Toronto-based fintech founded by German billionaire Michael Gastauer. Since launching globally in 2015, it has grown to serve over 78 million clients in 180+ countries as of Q1 2025, proof that people take to digital banking solutions when it is accessible, affordable, and is useful in just about any locale.

In the first three months of this year, Black Banx had also earned US$4.3 billion in revenue and US$1.6 billion in pre-tax profit, more than double from the same quarter the previous year and showing it has consistently delivered tangible value to global customers—remote professionals included

How Borderless Banking Maximizes Value for Remote Workers

1. Instant Account Access—No Strings Attached

The times of hunting down local branches or collecting endless documents just to open an account are finished. With borderless banks, users can open an account in minutes using just a photo ID—no proof of address or income required. That’s a lifesaver for anyone living outside their passport country or hopping from one location to another.

2. Multi-Currency Mastery

Managing money in multiple currencies used to mean juggling several accounts—or worse, losing money on conversions. Borderless platforms like Black Banx support 28 FIAT currencies and allow real-time currency conversions at competitive rates. That means remote workers can:

  • Invoice clients in one currency
  • Spend or save in another
  • Hedge against local currency fluctuations
  • Avoid excessive conversion fees altogether

3. Seamless, Real-Time Global Payments

Getting paid late, or paying others late, isn’t just inconvenient; it can damage relationships and disrupt your cash flow. With real-time payment support, remote workers can receive funds instantly, no matter where their clients are. This is particularly valuable for freelancers and entrepreneurs juggling multiple contracts across time zones.

Plus, bulk payment features and API integration streamline processes for those running teams or businesses.

4. Built-In Crypto Options

It isn’t surprising that many digital nomads are already deep into crypto. Whether it’s for investment, faster transactions, or avoiding traditional finance red tape, crypto is becoming essential.

Since 2016, Black Banx has allowed users to send, receive, and convert crypto (like BTC and ETH) within their accounts. That integration saves users from having to manage separate crypto wallets, and adds another layer of flexibility to their financial toolkit.

5. Secure Transactions

Remote workers often log in to work from cafés, coworking spaces, and airports, to name a few. Of course, this flexibility of being able to work almost anywhere should never come at the cost of security. Borderless banks like Black Banx use end-to-end encryption, AI fraud detection, and two-factor authentication to keep accounts safe from risky elements.

Financial Freedom, Not Just Convenience

Perhaps the most overlooked benefit of borderless banking is the freedom it provides. Not just to access money, but to fully participate in the global economy. For millions of professionals in underbanked regions like Africa, Latin America, Southeast Asia, borderless banking has become a gateway to financial inclusion and a way to take on opportunities that typically wouldn’t be available to them if not remote.

By removing barriers to entry, platforms like Black Banx empower underserved individuals to both take control of their finances and increase their earning power by working with companies from higher paying markets. This democratization of finance isn’t just good for individuals, it’s good for the global economy as a whole.

As Black Banx CEO Michael Gastauer put it: “Our multi-currency solutions enable businesses to tap into global talent without worrying about payment complexities. We make cross-border transactions as seamless as local ones.”

The Road Ahead

By 2030, the number of digital nomads worldwide is expected to soar past 60 million, according to the Forbes Technology Council. That means tens of millions of workers will be navigating foreign currencies, time zones, and financial systems—all while expecting the same seamless experience they’d get at home.

Indeed, remote professionals aren’t just looking for places to work—they’re looking for systems that work for them. In a lifestyle built on flexibility, traditional banking is proving too rigid, too slow, and too expensive.

Borderless banking services like those offered by the likes of Black Banx, on the other hand, offer exactly what today’s global workforce needs: instant access, multi-currency support, real-time payments, crypto integration, and enterprise-level security—all in a streamlined experience.

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