How to budget your money ➡ th-cam.com/video/5uaXq-xDp2g/w-d-xo.html Download INDMoney ➡ indmoney.onelink.me/q36k/eaa64a57 Get the Financial Goal Calculator at ➡ bit.ly/3AmxjE2 Get insurance advice from Ditto: bit.ly/3xFh7OU Get my new book ‘GET EPIC SHIT DONE’ here: ankurwarikoo.com/getepicshitdone Order my first book ‘Do Epic Shit’: ankurwarikoo.com/doepicshit
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
Thank you so much for this informative video it has helped me greatly. Most time people don't know where to start when it comes to investment. But great investors can provide proper guidance...
I appreciate the honest sentiment. I realized that I had to change something about my trades, and how I chose my strikes, after a loss. I went back and learned from each mistake properly always understanding how the loss occurred & how I could have avoided the bite
The bottom of my heart say-- you are genius. 1st time TH-cam PE aise video mila mujhe jo mera rest of life aur vi behetar banane k liye help hoga. Thank a lot sir. Truly Say thank you
I dont know if people noticed it or not he always talk from a women point of view like me yeah KARUNGI yeah LUNGI yaha JAUNGI that shows how great he is I know many of you who are reading this comment may not understand what I am saying
He might have a daughter. So it's habitual for him. And also, girls also need to understand finance. Well, some girls are far better at managing finance and some are even in minus due to cosmetics and unnecessary shopping habits.
Sir i am investing my money because u made me develop interest in investment. Thank you so much for spreading ur learning and it's request plz keep up the good work
Hi, 1. Please make a video for 40 year old. Back in 2002 when we started earning FD, RD and Taking multiple LIC policies were the only knowledge that was around us. How can 40+ achieve financial goals ? 2. Also every one talks about investing for long term what about proper exiting from investment when you near a goal post. What are the best strategies to exit timely. How not to have dips in investment at time of goal fulfilment.
You are so knowledgable and an outstanding teacher. Thanks so much. Also, i love the fact that you talk as if you are talking to a woman. This gives a subtle message that you want to make women more financially literate and independent.
The Person who will follow this Excel spreadsheet exactly like this will definitely achieve his goals in life and will comment here Thank you so much Warikoo after 10-20-30 years
Every time I watch your video the two things that I take with me is the motto of the video first of all of course and the second is the remainder behind you that says 'do epic shit' man I love that.
Sir ur session was so good on unacademy and I am not feeling good to miss ur session live . Because I follow u from a long time ur TH-cam ur instagram . Literally u have taught me to be self independent and made me understand what investment is ..I was like a kindergarten students ur video's hold my hands and made me learn everything ..sir ur. Best mentor ❤️❤️❤️and I am feeling literally devasted that I missed ur live session and missed chance to talk to you live 😭..
@warikoo how to accommodate various uncertainties of life. This looks amazing but there has to be a 'Change Plan' in this sheet which should take care of uncertainties like 5 years of smoking habit, meeting a big accident, theft, defaulting loans, losing a job, etc. For example, private companies fire anytime. Suppose she gets fired today and has lesser than what she should have in her emergency funds. What to do then? There could be many cases but I guess these cases are limited. These calculations look really beautiful, but the real challenge is (as Psychology of Money says) - Planning for the plan not going according to the plan. What is the right way to have that plan? @warikoo
You are the best Sir. This is only through your advice. I haved started reading books. And asked my father to invest in different platform. Other than FD
Great rule about reversing the ratios. Absolutely terrific However, to assume that a 10% increment will always be there along with a job change that gives 30% increment every 3 years is very far fetched for the self employed class. But then again any one can only give a generalised statement and we modify it according to our own.
The way u explain in simple language is very good. I m 32 year old single independent woman , till now I didn't investment money due to various liabilities, now I want to invest and plan everything for home ,car for retirement plz make a video to guide us on financial planning in 30ts. Thank you.
Hi, You have forget to add Taxes on profit of the investments. But this is really great learning. Will modify in my excel considering taxes on profit of investment.
Hello Warikoo... i think there is a formula mistake in the excel sheet. In the sheet "Cash Flow", the column C, the formula should be like "=Budget!H2*12*(1+Assumptions!$B$4)". But in some cells, the formula mentioned as "=Budget!H2*12*(1+Assumptions!$B$5)".. i.e 'Assumptions!$B$5' instead of 'Assumptions!$B$4'...
I'm new here, and this is EXACTLY what I was looking for. I was thinking to hire a financial advisor to do this job for me as I knew ABSOLUTELY NOTHING about this, but I think for a start, I can now try this on my own thanks to your videos! I have a few questions (anybody feel free to chip in your thoughts, It'll be great if Mr. Warikoo himself says something on this) 1. Will a small case or a stock investment alone be sufficient? (considering financial restrictions to invest in any other means) - or is there a better option other than stocks if I can only invest in one place? 2. Which one is better - Investing in a single stock or small case with 100% of investing fund OR multiple stocks and small cases with lesser weightage (say 20% each). I understand the concept of spreading out your investments to avoid losses if one company fails, but I just want to know the impact on final returns if my investments are concentrated or segregated. Sincere thanks!
Really liked the vibration deep sound placed towards the animations of needs, wants and investments. Is this something newly being tried out or Maybe not since I have tried viewing warikoo's video with headpones for the first time?
Much important video I was not able to decide kya karu I'm 33 husband is 37 n we were in huge loss with no savings and just start over kiya hai thank you so much for sharing your knowledge
I came to this channel via an ad on TH-cam, since then I have stick to your channel for my financial literacy. Thank you Warikoo! Brilliant work you have done!
Too much of information, breaking each and everything precisely. Making everyone know, what exactly can happen and can be happened. Thanks for your great information sharing and knowledge through this ❤️
Sir I respect your thinking. Now I lost lob because of corona & not only me in this country so many brother's & sister. Few peoples r lucky only they will plan. Now a days its very difficult to do this type of plan.
It's is called being in alignment with universe last night only I was figuring out investment n retirement savings n in morning I saw ur vedio on it.. Amazing vedio
I have saved 80 thousand but dont have a degree yet so wht kind of job can i do in meanwhile i got an internship of 10 to 15k for 3 month but idk f its worth doing tht for so less money
Youth of this generation are really lucky, they have social media , they can use it for their good or can destroy themselves. Choice is in their hands. Great era to live.
In budget sheet, you took 0 to 45 years of Job. In case anybody starts earning at age of 20 and earns till age of 65. Doesn't sound practical. In general scenario you should have taken 0 to 35 or 40 not more than that.
This video is very clarity because they can also lot learn for future vision with budgets....I request to please make the video how to speak English.....thanks a lot sir jee.....
Hi Ankur! Your personal finance series is definitely a hit. I also enjoy your personal experiences, reading list and productivity series. Definitely like to see more videos which bring out your personal unique viewpoint through the kind of books you read, as well as your experiential lessons
Wow did not realise the financial planning feature on INdmoney! Just a few weekends back made a similar spreadsheet to see how much return I will need to retire by 40 😬 One additional funda I had to consider was, what should the corpus be so that at about 10-12 percent return, it will be enough to sustain my monthly expenses :)
You work soo hard on each and every video. You are like a mentor to us.. you share the knowledge which our parents didn't shared with us . Not to blame anyone though. God bless you sir. I pray a very healthy and happy life for you and others. Good and bad karma both comes back.
No one would like to share such a important aspact of life. But he is the one who always there for us to give back with his personal life experience. Hats off to "ankur" sir.
Its looking like this excel is what the goal of my life. Getting scared and happy simultaneously, that with how many ups and downs i will have to bear to maintain this consistency.
Do your research, everything is not so easy as he shows in his videos. But the good thing is, he is trying to educate us and telling us to focus on the real things.
Ankur you are doing a great job. Many people get worried about the increment part. the truth is, even government emoplyees get increment, of around 6-8% every year, to keep up with inflation. So 10% is very reasonable in the private sector. Plus in this modern age, you need to keep refining your skills else you will be replaced.
Only if the salary is increasing each yr in 30 yrs Which doesn't happen.... Person earning 20k as a fresher. Most cases earns upto 2 lakh per month. Since then it remains constant. Salary remains stable and inflation increases thus nothing like this big sum is saved.
Well, if you have goals and wants, you have to upskill yourself and make the increment HAPPEN. An average person (the one you gave example of) won't retire with 1 crore and have own house and car. The question you have to ask yourself - do you want to be average? If not, work on yourself and make things happen!
Thank you so much for this. Hands down your channel is the MOST VALUABLE channel that I've come across on TH-cam. And I love the fact that your pronoun of choice frequently is she/her. Maybe that's by choice or habit. Any which way, it is a very welcome change. Thank you again.
Good explanation, thanks! Please suggest which job gives assured 10% increment every year until 45 years from now, and the final year salary is more than 5 cr. Wow! Thrilled to think about it
Following ur content from long time 😊 Can we get few videos (or video) in which teens can be benefited. Hope that people extract more knowledge by your consistent content.☺️
Warikoooo sirrr.... The point where you 'show' how the amounts we want by a particular year are 'mismatching' by what we expected was such an Aha moment!
Yes, it's always not practical to say that it will grow at 10 % every year. Tere could be various reasons for a variation. Say, once your salary is very high, say in corres, the percentage of increase comes down. But we have to start somewhere, to set the plan in motion. It is a safe assumption . It can always be adjusted as we go.
@@aravindmolugu3308 I agree, but how I see is in relation to needs, wants, luxury and savings, there is a saturation level at different levels of income u have. If u can only afford to satisfy your needs then, world tour cannot be in ur bucket list. Same in situation where u earn in crores, then ur level of needs won't change as per percentage. This video is an idea or a rough sketch but not a guide or blueprint
with all due respect sir.... starting with 20k salary is realistic but the incremental salaries are very hypothetical for an average indian person who actually started with 20k. some people do achieve that but may be only 1%. if that is the increment i get on my salary then no need for investing at all 😁
Aapka video main 10 saal pahile dekha hota to aaj mere pass 2core something saving rahta, par sach ye hai ki main aaj minus(loan) 30 lakh me hu, thank you warikoo
@warikoo - Sir please also create financial videos for the audience that is earning decent money (say 1-1.5L per month). You'd be surprised that many IIM graduates are also not good at personal finance. Your incentive : It will grow your audience/ subscribers. :)
Hey! Really like your videos! Just a small correction, short term goals can not be achieved by an investment that gives 12% return. Short term goals can be achieved by investing in low risk funds like debt funds which only give around 6-7% return. Anyway great great video!
How to budget your money ➡ th-cam.com/video/5uaXq-xDp2g/w-d-xo.html
Download INDMoney ➡ indmoney.onelink.me/q36k/eaa64a57
Get the Financial Goal Calculator at ➡ bit.ly/3AmxjE2
Get insurance advice from Ditto: bit.ly/3xFh7OU
Get my new book ‘GET EPIC SHIT DONE’ here: ankurwarikoo.com/getepicshitdone
Order my first book ‘Do Epic Shit’: ankurwarikoo.com/doepicshit
Sir I want to do start-up but I can't find any idea plzz guide me Sir🙏🙏
can i have indmoney customer care as i am having issue in mutual fund in indmoney app as i have just started investing money as a fresher
@@YesYatharth then join person who have a new startup idea
Sir NFT Art sell karne par video banaye plzz
Thanks for the comments
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
Wow, that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?
Thank you so much for this informative video it has helped me greatly. Most time people don't know where to start when it comes to investment. But great investors can provide proper guidance...
Exactly! You're on point👌
>
@@erikmabry2591 There will always be market fluctuations, you just have to prepare for it. Learn and get the knowledge first before investing.
I appreciate the honest sentiment. I realized that I had to change something about my trades, and how I chose my strikes, after a loss. I went back and learned from each mistake properly always understanding how the loss occurred & how I could have avoided the bite
Absolutely! Also, it's never been that easy and cost-efficient to actually invest. What a great time we are in!!
Love it that you use words like " kar rahi hun" , ..and other such wordings...that are used by women ..when you give examples. How thoughtful :)
The bottom of my heart say-- you are genius. 1st time TH-cam PE aise video mila mujhe jo mera rest of life aur vi behetar banane k liye help hoga. Thank a lot sir. Truly Say thank you
I dont know if people noticed it or not he always talk from a women point of view like me yeah KARUNGI yeah LUNGI yaha JAUNGI that shows how great he is I know many of you who are reading this comment may not understand what I am saying
Yes, he wants to develop this mindset in girls too, so by saying lungi it makes a great impact
Chad move
Yes, that's what I found amazing- not going with a preconceived notion that only men will be majorly interested in financial planning
He might have a daughter. So it's habitual for him. And also, girls also need to understand finance. Well, some girls are far better at managing finance and some are even in minus due to cosmetics and unnecessary shopping habits.
I too noticed that..
Sir i am investing my money because u made me develop interest in investment. Thank you so much for spreading ur learning and it's request plz keep up the good work
One of the best channel i have seen. I am the one who is watching daily and love this channel. Learning sooooo much from you
Very useful . Financial literacy is so important but very few people take it seriously.
Sir aapke ad naak me dam kiye hai har jagah and then I start to watch the whole video and forget about skipping ad great sir thumbs-up 👍🏻
kya mast taarif krta h tum bhai.
Ads se bachne k liye ya toh TH-cam permium lelo yaa video ko end tak drag krke replay kr do.
I wish I had this information when I started 9 years back. But its better late than never. Good information overall 🤟🏻
Kash aise teachers school life me mile hote to life set ho jata !!
Sahi kaha bahi
teacher is not that quality.
We have ankur sir now bruh..... It's never too late... 🥳
Ab kar le
True even 10 years earlier
Hi,
1. Please make a video for 40 year old. Back in 2002 when we started earning FD, RD and Taking multiple LIC policies were the only knowledge that was around us. How can 40+ achieve financial goals ?
2. Also every one talks about investing for long term what about proper exiting from investment when you near a goal post. What are the best strategies to exit timely. How not to have dips in investment at time of goal fulfilment.
U R Delivering so very good Ankur Ji !!.... Your viewers ❤️ U for your wow quality videos !! 💐👏👏👏🙏🙏🙏
Thanks!
I'm a LONG TERM INVESTOR on your channel.
Thanks for your contributions.🇮🇳
You are so knowledgable and an outstanding teacher. Thanks so much. Also, i love the fact that you talk as if you are talking to a woman. This gives a subtle message that you want to make women more financially literate and independent.
The Person who will follow this Excel spreadsheet exactly like this will definitely achieve his goals in life and will comment here Thank you so much Warikoo after 10-20-30 years
@manish 😂
From Excel sheet if I work for 30 years 20k will become 1Cr per moth is it true?
@@bsk3800 of course if you invest in proper stocks
@@pratikjoshi9836 I can be millionaire 😘😀
@@bsk3800 crore will be nothing in 10yrs bro
Sir you are the best person ,and now the best youtuber 🔥
Every time I watch your video the two things that I take with me is the motto of the video first of all of course and the second is the remainder behind you that says 'do epic shit' man I love that.
I am not earning at present but this will surely help me with managing my money in my upcoming future ❤️
Great video sir 👍
Bhaijii.
kaha thee app abb tk... youtube ne mujhe phle recommend kyu naii kiya.. Seriously you are a life saver.
Sir ur session was so good on unacademy and I am not feeling good to miss ur session live . Because I follow u from a long time ur TH-cam ur instagram . Literally u have taught me to be self independent and made me understand what investment is ..I was like a kindergarten students ur video's hold my hands and made me learn everything ..sir ur. Best mentor ❤️❤️❤️and I am feeling literally devasted that I missed ur live session and missed chance to talk to you live 😭..
Really appreciate the useful information shared here
@warikoo how to accommodate various uncertainties of life. This looks amazing but there has to be a 'Change Plan' in this sheet which should take care of uncertainties like 5 years of smoking habit, meeting a big accident, theft, defaulting loans, losing a job, etc. For example, private companies fire anytime. Suppose she gets fired today and has lesser than what she should have in her emergency funds. What to do then? There could be many cases but I guess these cases are limited. These calculations look really beautiful, but the real challenge is (as Psychology of Money says) - Planning for the plan not going according to the plan. What is the right way to have that plan? @warikoo
You are the best Sir. This is only through your advice. I haved started reading books. And asked my father to invest in different platform. Other than FD
Great rule about reversing the ratios.
Absolutely terrific
However, to assume that a 10% increment will always be there along with a job change that gives 30% increment every 3 years is very far fetched for the self employed class.
But then again any one can only give a generalised statement and we modify it according to our own.
Some jobs in i.t do give 50% hike
Some companies give nice bonuses
We never know
Sir, aap ka mein fan ban gaya. The way u explain everything, aisa lagta hai that am still in my post grad programme.
Well I made an excel like this based on my investment goal, but this is extremely good specifically the job switch part
The way u explain in simple language is very good. I m 32 year old single independent woman , till now I didn't investment money due to various liabilities, now I want to invest and plan everything for home ,car for retirement plz make a video to guide us on financial planning in 30ts. Thank you.
Hi,
You have forget to add Taxes on profit of the investments. But this is really great learning. Will modify in my excel considering taxes on profit of investment.
This is such a gem of a video. Haven't seen any other person, let alone a youtuber put so much effort. A big thank you!!! ❤️
You are awesome! Watch your videos with great expectations and they deliver always :)
Bahut hi badiya information detey ho Ankur Ji Thanks Ankur Ab mai apki har video ko dekhuga koi nahi bataata ye sab bahut youtube video dekhi mainey
Don't know this works or not but this gives hope to so many .. Thank you
Main apka bahut bada fan ho gaya hun sir....aap kya bolte ho....kya way of expression hai.....I personaly want to meet you sir......
Hello Warikoo... i think there is a formula mistake in the excel sheet. In the sheet "Cash Flow", the column C, the formula should be like "=Budget!H2*12*(1+Assumptions!$B$4)".
But in some cells, the formula mentioned as "=Budget!H2*12*(1+Assumptions!$B$5)".. i.e 'Assumptions!$B$5' instead of 'Assumptions!$B$4'...
I'm new here, and this is EXACTLY what I was looking for. I was thinking to hire a financial advisor to do this job for me as I knew ABSOLUTELY NOTHING about this, but I think for a start, I can now try this on my own thanks to your videos!
I have a few questions (anybody feel free to chip in your thoughts, It'll be great if Mr. Warikoo himself says something on this)
1. Will a small case or a stock investment alone be sufficient? (considering financial restrictions to invest in any other means) - or is there a better option other than stocks if I can only invest in one place?
2. Which one is better - Investing in a single stock or small case with 100% of investing fund OR multiple stocks and small cases with lesser weightage (say 20% each). I understand the concept of spreading out your investments to avoid losses if one company fails, but I just want to know the impact on final returns if my investments are concentrated or segregated.
Sincere thanks!
I installed this app too to track investments. Thanks for recommending.
You are such a crystal clear hearted person,❤️
Really liked the vibration deep sound placed towards the animations of needs, wants and investments.
Is this something newly being tried out or Maybe not since I have tried viewing warikoo's video with headpones for the first time?
Sir Needs me hi 110% lag rahe h.
Pata nahi kab tak pohchunga aap ke rules pe.🥺
Thank You Sir for Valueable Video. ❤️
Ankur, Great one... Keep making us more aware
Much important video I was not able to decide kya karu I'm 33 husband is 37 n we were in huge loss with no savings and just start over kiya hai thank you so much for sharing your knowledge
Thank you so so much for this incredible video.
I came to this channel via an ad on TH-cam, since then I have stick to your channel for my financial literacy. Thank you Warikoo! Brilliant work you have done!
Thank you! Very very informative stuff!
Awesome video. Always think if someone had told me this in my early 20s.
I wish I was taught 'How to manage money' in school
They did not even teach me how to make a resume, that's the level of education we receive.
Every week I see your videos they are so helpful in every perspective of life.
Too much of information, breaking each and everything precisely. Making everyone know, what exactly can happen and can be happened.
Thanks for your great information sharing and knowledge through this ❤️
Sir awesome sach me Bahut acha planning bataya aapne maine concentrate nai diya video me half ke bad because I want to watch it again to plAn
Your precision in making this is just too freaking good 🥵🥵🥵
Sir I respect your thinking. Now I lost lob because of corona & not only me in this country so many brother's & sister. Few peoples r lucky only they will plan. Now a days its very difficult to do this type of plan.
It's is called being in alignment with universe last night only I was figuring out investment n retirement savings n in morning I saw ur vedio on it.. Amazing vedio
I have saved 80 thousand but dont have a degree yet so wht kind of job can i do in meanwhile i got an internship of 10 to 15k for 3 month but idk f its worth doing tht for so less money
Youth of this generation are really lucky, they have social media , they can use it for their good or can destroy themselves. Choice is in their hands. Great era to live.
In budget sheet, you took 0 to 45 years of Job. In case anybody starts earning at age of 20 and earns till age of 65. Doesn't sound practical. In general scenario you should have taken 0 to 35 or 40 not more than that.
This video is very clarity because they can also lot learn for future vision with budgets....I request to please make the video how to speak English.....thanks a lot sir jee.....
Hi Ankur! Your personal finance series is definitely a hit. I also enjoy your personal experiences, reading list and productivity series. Definitely like to see more videos which bring out your personal unique viewpoint through the kind of books you read, as well as your experiential lessons
sala padaishi pagal hai aur tu pagli hai is pagal ki baaton mein aane wali....hahaaaaa sneha jha
Wow did not realise the financial planning feature on INdmoney! Just a few weekends back made a similar spreadsheet to see how much return I will need to retire by 40 😬 One additional funda I had to consider was, what should the corpus be so that at about 10-12 percent return, it will be enough to sustain my monthly expenses :)
Pls guide us how you made it.
Also put in the formula part.
If possible share demo excel sheet
You work soo hard on each and every video. You are like a mentor to us.. you share the knowledge which our parents didn't shared with us . Not to blame anyone though. God bless you sir. I pray a very healthy and happy life for you and others. Good and bad karma both comes back.
No one would like to share such a important aspact of life. But he is the one who always there for us to give back with his personal life experience. Hats off to "ankur" sir.
20:30:50 Perfect.. And it's very effective too.. But till we get marriage its practical after this ratio get disturb too much.. 😔
Its looking like this excel is what the goal of my life. Getting scared and happy simultaneously, that with how many ups and downs i will have to bear to maintain this consistency.
Thanks a lot Ankur for sharing this knowledge session.
Thank you so much sir. This video helped me a lot
Amazing video, never came across such simplified version of investment
I Recommend
TWCGO Formula
T - Tax
W - Wealth Investment
C - Charity
G - General Home Expenses
O - Operating Expenses
Proven Formula ❤️
Can you pls elaborate? Or share any video on this topic?
Explain it please.
आज फिरसे ३री बार देखा इस विडीओ को... Revision हुआ..
i watched this video with my father, he said, yeh video phele kyu nhi dikhai..hehe
thank a lot sir
Do your research, everything is not so easy as he shows in his videos. But the good thing is, he is trying to educate us and telling us to focus on the real things.
Superb format, a very very in-depth analysis and planning. Last video was also super informative
Thanks a ton
@@warikoo thanks for replying Sir.
A big fan of your videos on books, self help and financial discipline, the soothing voice of yours is an add-on.
Respect dear sir yr lesson is very helpful me other because y h potential in in freedom in life. So well I like it ......
sir you are great love from indore indore ,loved your explanation
thank you!
Spend my first month earnings into my this year wants and rest of the month's 95% earnings into investment after watching this video. Thanks ankur ❤
Ankur you are doing a great job. Many people get worried about the increment part. the truth is, even government emoplyees get increment, of around 6-8% every year, to keep up with inflation. So 10% is very reasonable in the private sector. Plus in this modern age, you need to keep refining your skills else you will be replaced.
Nerd-gasm!!WOW Warikoo Sir Wow. Explanation on point.
Only if the salary is increasing each yr in 30 yrs
Which doesn't happen....
Person earning 20k as a fresher. Most cases earns upto 2 lakh per month. Since then it remains constant. Salary remains stable and inflation increases thus nothing like this big sum is saved.
yesss after 45 years the salary written was in cr
Well, if you have goals and wants, you have to upskill yourself and make the increment HAPPEN.
An average person (the one you gave example of) won't retire with 1 crore and have own house and car. The question you have to ask yourself - do you want to be average?
If not, work on yourself and make things happen!
yes in govt job only 3% increment but inflation 6-7%
If you think 10% salary hike is not possible in your case. Change the formula. He just shown an example. You may play with your own values.
@@meghaseth5815 Yes, "Dot be a minimum guy"
Thank you so much for this. Hands down your channel is the MOST VALUABLE channel that I've come across on TH-cam. And I love the fact that your pronoun of choice frequently is she/her. Maybe that's by choice or habit. Any which way, it is a very welcome change. Thank you again.
Ankur, I must say am your big fan.
Your knowledge sharing via social platforms on any given topics are very useful and Insightful 😊
Good explanation, thanks! Please suggest which job gives assured 10% increment every year until 45 years from now, and the final year salary is more than 5 cr. Wow! Thrilled to think about it
Seeing the million benchmark very very soon, guranteed before this year end 🎉
Thanks a ton for enlightening us from bottom of heart sir 😀
Value providing channel. Doing good work for society upliftment. 👌👍
Chilla chilla ke sab ko scheme bta do 😉
Following ur content from long time 😊
Can we get few videos (or video) in which teens can be benefited.
Hope that people extract more knowledge by your consistent content.☺️
Warikoooo sirrr.... The point where you 'show' how the amounts we want by a particular year are 'mismatching' by what we expected was such an Aha moment!
I am just wondering how practical is it to assume ur income will keep growing at a particular percentage over years
Yes, it's always not practical to say that it will grow at 10 % every year. Tere could be various reasons for a variation. Say, once your salary is very high, say in corres, the percentage of increase comes down. But we have to start somewhere, to set the plan in motion. It is a safe assumption . It can always be adjusted as we go.
@@aravindmolugu3308 I agree, but how I see is in relation to needs, wants, luxury and savings, there is a saturation level at different levels of income u have. If u can only afford to satisfy your needs then, world tour cannot be in ur bucket list. Same in situation where u earn in crores, then ur level of needs won't change as per percentage. This video is an idea or a rough sketch but not a guide or blueprint
Yes. Those who works under contract period do not get increment every year. There salary become fixed for 2-3 years.
Also who can work in toxic environment for 40 years? Also there are not enough jobs so working 40 years nowadays in Pvt sector is not feasible
Ankur Sir, you are doing a great job, i am 31.. I wish i had this knowledge when i was 21..but its never too late.. Thanks..
with all due respect sir.... starting with 20k salary is realistic but the incremental salaries are very hypothetical for an average indian person who actually started with 20k. some people do achieve that but may be only 1%. if that is the increment i get on my salary then no need for investing at all 😁
Agreed.
Aapka video main 10 saal pahile dekha hota to aaj mere pass 2core something saving rahta, par sach ye hai ki main aaj minus(loan) 30 lakh me hu, thank you warikoo
Real happiness comes from donations sir, investments and Money can't bring
Donation k liye toh paisa chaiye
Main gareeb hu please muje donate ker do or apni real happiness gain kr lo
Please 🥺
Thank you so much Ankur sir !! 🙏🙏🙏🙏
This is the much needed thing for me 👌👌👌
@warikoo - Sir please also create financial videos for the audience that is earning decent money (say 1-1.5L per month). You'd be surprised that many IIM graduates are also not good at personal finance.
Your incentive : It will grow your audience/ subscribers. :)
What a beautiful content, Thank you Sir...
I was eagerly waiting for this video. Thank you so much for giving a direction to my financial planning journey! :)
Kudos to the quality of the content and delivery style 👏👌
Hey! Really like your videos! Just a small correction, short term goals can not be achieved by an investment that gives 12% return. Short term goals can be achieved by investing in low risk funds like debt funds which only give around 6-7% return. Anyway great great video!
Not everyone will understand this concept ppl still prefer to store money in grocery dabbas!😊
@@rashmithorat9220 daba bassss assssssss
Fabulously explained. Thank you very much, Ankur ji.
Sir, i am a 16 year old, and really inspired from you, and I want to say thank you for giving me a priceless gift that's is mindset of investing.
Great to hear, that 16 yr old kid thinking about Investment..., Happy Investing..
@@sathish848 sometimes strangers r the best friends and well wishers …..thank U sir for motivating us 16-17 year old to invest further in life!
You are here at the correct age. Wishing you the best on the journey ahead!
hahaaaaaa......invest in your ass
Sir I like your videos out of 100 or thousands videos available on internet because the simplest way of explaining everything
This video should be part of induction series for freshers who are going to get their first salary.
The way you explain is commendable