HOW to PAY OFF all your LOANS?! | Money Matters Ep. 11 | Ankur Warikoo Hindi

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Publicado 2024-05-25
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

Join me in this insightful episode of "Money Matters" where I engage in a meaningful conversation with Vivek, a software engineer residing in Bangalore. With four years of experience in Bangalore and a growing family, including his wife, parents, and an upcoming child, Vivek seeks guidance on navigating his financial journey.

Throughout our conversation, we address Vivek's immediate financial concerns and discuss strategies to plan for future investments effectively. From optimizing his current financial situation to securing financial stability, we provide a comprehensive roadmap tailored to Vivek's unique circumstances.

Don't miss out on this enlightening discussion that offers valuable insights and practical advice for individuals like Vivek who are seeking to achieve their financial goals and build a secure future.

Want to join me on the show? Fill this form and my team will reach out to you: forms.gle/uj9JPUBp8Wo9nZQi7

00:00 Introduction
01:06 About Vivek
02:47 Vivek’s expectation from Money Matters
05:00 Current financial situation
16:58 Analysing the situation
20:27 Action plan to become debt-free
33:50 Investment plan for Vivek
40:26 Questions from Vivek
46:03 Conclusion

#FinancialPlanning #MoneyMatters #warikoo
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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

Useful links:
20 books for your 20s: bit.ly/WarikooBooks
20 online courses for your 20s: bit.ly/WarikooOnlineCourses
Gadgets that I use: bit.ly/WarikooGadgets

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 and in 2022 we contributed 53L.


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Todos los comentarios (21)
  • @warikoo
    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 Buy my new book 'MAKE EPIC MONEY' here: www.makeepicmoney.com/ My Money Apps: bit.ly/3Zg56eR Start your own business: bigrock-in.sjv.io/6eZ1KK My bestselling books: ‘GET EPIC SHIT DONE’: ankurwarikoo.com/getepicshitdone ‘Do Epic Shit’: ankurwarikoo.com/doepicshit 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 Useful links: 20 books for your 20s: bit.ly/WarikooBooks 20 online courses for your 20s: bit.ly/WarikooOnlineCourses Gadgets that I use: bit.ly/WarikooGadgets 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 and in 2022 we contribute
  • @claircourtway
    I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for...
  • @kvsk002
    Even he is earning very good money, he was trapped in this debt trap… that’s why schools should introduce personal finance courses at the earliest age
  • @KisH_16
    The birth of his children served as a catalyst for him to initiate a more structured financial plan, signaling a positive shift towards considering the future. Despite initial apprehension about impending fatherhood, your encouragement provided him with hope and reassurance😊. It's understandable that as we begin to earn, we also seek moments to enjoy life.
  • He is a genius in taking loans after earning more than 2lakh salary!!
  • 3 lac salary vale v paisa manage nhi kr pa rhe hum....30k mein hwa mein ghumte hai haha
  • Most people miss it but the secret to living and retiring comfortably and without debts is finding a way to make returns while your money works for you. My Dad, as i remember started saving for retirement quite late but I know he was making more than 10k returns from his investments monthly and it was completely passive.
  • @avinash15G
    I would say, close credit card before emergency fund itself. Its more than 36% interest.
  • I am senior citizen who is retired . It is a delight for me to watch your videos. There is great clarity of thought and sense of purpose. I am sure many who are watching the video will take follow up actions taking stock of their financial situation and chart a new way ahead. The earlier generation did not have the advantage of technology or financial information but what helped many from financial ruin is that they did not have access to easy credit !
  • @somahari5157
    "Ankur, your wisdom has transformed my life! After watching your videos, reading your books, and diligently applying the Power of 72 principle, I've achieved what seemed impossible. From nothing to 25 Lakhs in just 2 years, all thanks to your invaluable insights. You've proven that true wealth isn't just about money, but the knowledge and mindset to make it grow. Forever grateful!"
  • Heart pumping analysis..start to end..thank you ankur and the guy.
  • @sprsd3
    This was absolutely an intense one. Fabulous job Ankur for breaking this situation down. Most of us are getting stuck in the urban trap and such videos are good reminder of what not do. Felt ease after seeing the plan you made..
  • It takes a lot of heart to say all this on video. All the best to the brave man! His expressions, especially shape of his lips and eyes were talking loud about his embarrassment and what not. The moment he said, we are expecting and a baby is coming in the next month, warikoo ji ka toh game hi hilgya. Main toh dargya bhai. Jai Mata ki.
  • Wow.! Fantastic Anckur.! If he really sticks to the plan then he will certainly achieve that mark.! Analysis and then give him a solid plan that's really wonderful. Fix your finance & these episodes are my favourites. ❤
  • @krishgarg5665
    Such a great video Ankur, this guy was in intense pressure and you gave in PRACTICAL HOPE, the smile at the end shows it feels much RLEAXED now. This also teaches us something that HIGHER INCOME doesn't necessarily means a HAPPY/SORTED LIFE, at this point I can imagin having income of 3.5L and be sad but this is a real example. This money matter series not just helps that guest but also inspires and guide us as an Audience, thanks! KEEP POSTING
  • @sanketsudhal2
    Wow loved this episode. I personally thought he could not come out of it but u made his life pretty easy.
  • @dshamith
    Awesome warikoo ji. You got the smile back on that gentlemen s face. 😊
  • @akhilbabu2315
    This is a gud one. Hands off to him being transparent. He looks really worried and stressed with the situation. Hope everything will be back on track gor him soon...