Money Matters is a series where I have conversations with normal people such as you and I, on your personal finance issues. It is important to note that I am NOT a financial expert, I am NOT SEBI registered, and I am NOT qualified to give financial advice. Everything that I say in these videos is purely through my own experiences. - So these videos do not offer any stock tips, or specific mutual fund recommendations or get-rich-quick schemes. - I am not selling any product or service through these videos. - None of the brands that I mention in these videos have paid me to mention them, unless I explicitly say so (and I will say if the video is sponsored). This also means that my advice may not always be the right advice. So incase I make a mistake, the best way to correct me will be to share your point of view in the comments, so that everyone can benefit from it. I am not perfect, nor claiming to be either and would love to learn and grow. The idea is simply to help people with their finance journey and through their story try to help others who may have a similar story. If you wish to be part of this series, please fill up this form forms.gle/uj9JPUBp8Wo9nZQi7 My Money Apps: Indian Stock Investing (Zerodha): bit.ly/3iYKROh Mutual Fund Investing (Coin by Zerodha) (You will need to create a Zerodha account for it first. Coin is free): bit.ly/3iYKROh US Stock Investing + Investment Tracking (INDMoney): bit.ly/3tT5moR Portfolio Investing (Smallcase): bit.ly/3u0is0I Corporate Bonds (Wint Wealth): bit.ly/3sbUI8c How to pick the right insurance (Ditto): bit.ly/3xFh7OU The above links are for products that I personally use for my own investing. If you create an account on any of these using the above links, I stand to make a referral income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L, in 2022 we contributed 53L and in 2023 we contributed 52L. DO NOT assume that these are the best products in the industry. Please do your research and let me know if you have any questions. My bestselling books: 'Make EPIC Money' here: amzn.to/3WHJ43F ‘Get EPIC Shit Done’: amzn.to/4fK1IR5 ‘Do Epic Shit’: amzn.to/4fK9uuv My gear for shooting this video: 🎥 Sony a7III camera: bit.ly/3M42wAV 🎬 Sony FE 24-70 f2.8 Lens: bit.ly/3KCCiF0 🎙 Shure SM7B Microphone: bit.ly/3O1NAVA 🔆 Fill Light 60W: bit.ly/37aJolP 💡 Key Light 150W: bit.ly/3O9nyjs 📽 Benro IT15 Tripod for Sony a7III camera: bit.ly/3O4PvJ1 The above links are on Amazon. If you buy any of these using the above links, I stand to make affiliate income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L, in 2022 we contributed 53L and in 2023 we contributed 52L.
sir i am a student and watching your videos from the very beginning. my question is, if I invest around 1 lakh per month, what would be my interest after 20 yrs.
Those who earn 50K and above doesn't need much of your need. Please bring more people who earns less than 50k a month. Like 15k, 25k, 30k... a month. They need proper guidance.
Mnc software engineer and mnc software engineer and goes on.... plz don't do that, bring other professionals so that many other peoples can relate like banking, teacher, professors, doctor, government officers etc
@@AkashKumar-ts4iu There's no lacuna of jobs for the people who are genuinely skilled, now or in the future. Even if a particular department, or a company falls, market always pays well for real skills.
@@AkashKumar-ts4iu not sure why you are bringing in so much toxicity for the IT sector.. FYI, recession is already going on in US, it will only get better now by next year.
Why i watch money matter episode- To manage finance ❌️ How life will become if fall in personal loan trap ✅️ Takeaway / my learning - kam khaunga but loan nhi lunga 😂😂
Sir maine apne dreame college ke liye 2 saal waste kr diye or ab mai ek private college me admission le liya engineering field me. Bina jane ki engineering qu kr raha hu. Ab Na mai college life enjoy kr raha hu or mai padai me bhi bhot kamzor ho gaya hu kuch samjh me nhi ata. Aisa lagta h ki ek time loop me phas gaya hu hamesha ghr jane ka sochta hu. Engineering chodne ka mn krta h lekin parents ko qa jawab duga Or Age kruga qa ye bhi nhi pata
Ankur ji, I love your videos. I am 38 and had heard about Compounding but only been able to pay attention to Compounding now. Took out a 18k SIP last week, after watching your videos.
Don't take impulsive decision just because someone gave you an idea. Research well on the funds and your income/expenditure. I re calculated and found that I can run SIP worth 36k. Beyond that it's unsustainable. Next year I would re examine and increase the SIPs.
Very helpful episodes but one suggestion to the people whoever discloses their salary.. Be careful! you may lose your job.. Coz it's confidential as per your offer letter and company policy🙏🏻🙏🏻 🙏🏻 Wariko is my life saver and mentor🙏🏻🙏🏻 will be thankful until I die🙏🏻
Sir, please make video for people who started investing late and are in their 40s with income under 1 lakh per month. How they can achieve financial freedom and early retirement? What strategy they should follow to build wealth. Thanks
Sir my age is 30 and at the age of 29 I got selected in bank now my in hand salary is 42k and already I have 3 small cap mutual funds all together 3500 but still I'm not confident about my financial freedom & my bank provides me health insurance not to my parents so can u please guide how can I will become financially independent after 20 yrs by investing in mutual funds
Great video. One most important and non-negotiable point. Keep developing skills. Why ? Software is a field that pays heavily for skills and top 20% people make a ton as power law comes into play. At age 30, he will easily make ~1cr/ year base package other than esops which is around 4.5L-5.5L / month in hand after taxes.
Salary doesnt increase drastically. Also not many sde will go above 40L in package in their entire career. Package depends upon the company you are working in. City also plays some role but majorly its company. There are not many companies that pay this kind of money. Remember, world only focuses on very few things. They will talk about 10 person with 50L package but will not tell you that for those 10 people, there are 10000 people working for 6L package.
Hi Ankur, at 29:33 you have mentioned that the principal amount in the education loan is tax free under 80C 1.5 L limit. This is incorrect. Only home loan Principal amount (upto 1.5L) gets the benefit of Income tax under sec 80C. Please check again. Please correct me incase my understanding is wrong.
@warikoo, I'm following you since long time and you are my inspiration for my investment journey. I would like to request you that Ankur, You have ample knowledge and I always admire you. Good that you are helping people by listening their financial details and providing them good suggestions. But now it is getting REPEATATIVE (with due respect)content for me(being a great fan of yours). I hope you could hear my voice as your biggest follower. Thank you Ankur!! God bless 🙏
It's becoming increasingly common for young people these days to borrow money instantly from loan apps like CRED. However, this trend should not be normalized. Having a salary of 1 lakh rupees per month while carrying debts of 5 lakhs is contributing to poverty in our current era. This financial imbalance can have serious long-term consequences, impacting not only individual financial stability but also broader economic health. Therefore, it's crucial to encourage responsible financial habits and discourage over-reliance on easy credit options that may lead to unsustainable debt burdens.
Hi sir, you are doing awesome, my humble suggestion from a fan..adding to all u do, I think you also need to tell them how much will be this corpus after inflation adjusted in 10yrs, 20yrs, 30yrs..that will give a vision with reality..
There is nothing wrong in that. Abhi 10k hai to hamesha nhi rehne wale. Sahi shi manage kar money ko or tu bhi 40-50yrs tak kay age tak 1cr to kama he lega
Hello sir I m your new subscriber.... I would like to say that your all videos are knowledgeable.... Thanks a lot sir 🙏 For teaching us very well. Sir i humbly request to you please make a video on ETF...... Which ETF should we buy... When we can buy... when should we sell.... What are the drawbacks.... please sir
Rather than his financial things I would like to know how he is earning 1.2 lacks per month with just 2.5 yrs of experience. Usually in his profession people don't earn more than 30-40k/month with only 2+ yrs of experience.
Hi Ankur, by watching your videos over a period of time, I have learnt a lot but at the time of investing I am having a lot of confusion like where and on which platform to invest ,To be precise I am confused on investing in mutual funds or Capital guaranteed scheme like policy bazar. Aditya Birla capital guaranteed scheme where I have to invest 9000 per month for 10 years and wait for 10 more years to get a corpus of 2.30 crores Please help me buy replying or making a video related to capital guaranteed scheme policy bazar Thank you in Advance Ankur ❤
Should an investor hold cash at any given time, if yes then where should I keep that cash and how much percentage of cash an investor should keep at all times? I am asking because warren buffett keeps cash all most all the time.
Is SIP calculation so linear If market is on lower side at the time of withdrawing the SIPeg at 7 yrs That time Valuation will not be what you calculated VALUE WILL BE LOWER Kindly clarify
Sir hamara home loan chl rha jo pichle 5 saal se chl rha aur avi 149 months bche hue hain ...pr ab hm dusri property lena chahte hain wo v home loan pe..to mai pehli loan ko 5 saal me khtm kaise kru??koi other Income source nhi hai aur savings v nhi hai na hi koi investment...emi 29000 chl rha aur monthly 93000 hai....plzzz guide me
Wondering why does he want to do an executive MBA if he is already earning 1.12L per year. He will already earn more than how much he will invest plus an year of time unless he does it from top IIM.
Objectively it's just the increase in NAV value. But underlying assets that the MF hold is shares of companies which increase their worth overtime by doing ACTUAL work. So you being owning some part of it through MF also increase your net worth overtime. To understand how one is increasing the net worth we have different mathematical tools like CAGR, XIRR which uses compounding as the concept to come to the % number.
@@NitinPal101 That means my assumption was right. It's just the NAV that increases. And it's just another way of telling people the definition of compounding. My second doubt is, Is our profit that we gain over time also remains invested or just our invested amount is the one that is invested?
I have car loan of 6.41 lakh still I have 5 year to repay, my take home is 49000, 13366 for loan and for medice 5000 for parents and for home it take 12000, house rent 10000 and I don't how other money going from my hand in our house total for 5 members please let me know how I can get rid of loan I don't have any other income plz suggest me any thing for me
Dear Ankur Warikoo, I have noticed that you have not taken into account of Income Tax component in your videos that I have seen. Income tax if considered will alter the figures you have mentioned greatly. Agree with me?
@warikoo Every time you tells about investing money What is the tax when we are investing money like 40k per month in this episode How much tax we have to pay as per the investment said by you when we get 6 crore
Sir plz a video on health insurance and term plan...we have started SIP after your advice after lots of knowledge sharing by you.. So plz a make a video on term plan wid health insurance kaun c company ya kaun sa le
Sir i have Query about mutual fund my father invested almost 2 lakh in regular mutual fund now I want to invest these money in to direct mutual fund. Could you please suggest how I change from regular to direct. I withdraw all money and invest or switch monthly regular to direct
Hii, i am a student and i want to buy a bike worth of 1.5 lakhs on road price, also I am beginner in stock investment, and i decided to buy This bike in one year, so suggest me something what possibility i can do??
Sir plz plz plz I ll b very great full of u I have a property uske upar 35 laks ka loan h and iski emi jaati hai 32000 Meri building ki value aaj around 1.28 cr hai pl suggest me sir .
