If you wish to be part of the Money Matters series, please fill up this form: forms.gle/Tmbo2nUTnhn9vjpG7 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 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 contributed 53L.
but, their situation is continue to be same as right now, since they are Investing the whole amount from Land into MF bulk/SIP right? They can keep some emergency fund of say Rs. 5.0 Lakhs. Because, she said the whole income is matching with the expenses right now.
This lady husband and in laws are great. She, a home maker, yet she knows everything about her husband finance. Most home maker had no idea. I'm sure her husband shares everything with her besides she's well educated which makes sense. This is amazing.
I don’t know about others but where I come from It’s usually the female who controls all the money even though she’s not educated ! I learnt most of my personal finance from my mom
I'm also a warikoo follower,same here I'm only the financial planning person from 16 years,my husband is a hard working person,but he don't want to do financial planning,he is enjoying his time with family outings& OTT platform 😂😅 but after watching warikoo videos I'm improved myself so much better than before , thanks Alot Sir,💐🙏🙏🙏, you are my Guruu in financial planning upto our retirement, with out anybody's Support, just we are planning with our hard earned money,so much Satisfaction we can't forget your help regarding financial planning 🙏🙏🙏😊
If they know these things, they will monitor their ancestors, mostly in-laws' properties and pressure their husbands to take money from them. (Not applicable for all😂)
Banker here. Don't sell the ancestral home. Approach the bank and submit a request to increase the loan tenure by another 5/10 years. The housing loan EMI will be reduced and you will have breathing space to manage current expenses. Then whatever additional income the lady or her husband generates, she can pay the bank which will reduce the principal amount. Housing loan does not have pre payment or part payment charges at least in govt banks. This approach will save her from selling and ancestral property, her current housing loan EMI will be reduced and the amount she saves can be utilised in investing in MF or any other savings assest.
How it possible, if they increase the loan tenure then intrest money also increases, And if they repayment the some money every year , will bank reduce only principal amount? I think bank will reduce that repayment amount from outstanding amount, Will bank reduce tenure fro that repayment amount? Please answer
@ketan_digital146 yes, if they increase tenure interest will increase. The prepayment we will pay will be directly reduced from Principal amount not from outstanding. You have the option to either reduce tenure or reduce the EMI during prepayment.
Need more insights did they took the home loan on the interest of fixed rate or floating rate ? And the issue was they didn’t paid even a single amount of down payment 😮
People charge money for such in-depth financial consulting which you are doing free for people in need. Good job Ankur, keep up the good work for people. People’s love is ur real achievement rather than the monetary growth of ur own assets. Good show AW.✌🏻
Hey Ankur, Its a very good way to interact with real people directly and fix their financial issues by guiding them. I really liked this approach! This will definitely help us INDIANS become financially free. KEEP THIS SERIES ON!!
Im not huge fan of watching financial videos as it stress me so often avoid but i do watch sometime by forcing and one things is very clear having financial knowledge can create lot difference making money is different thing but utilising it is a different things and he proves it everytime..
This is one of the unique shows in the world I have seen so far.who is working for middle class mentally blocked due to bad financial decisions. I wish more power to Sir.. please coach us as always❤
Basic things; 1. Selling In laws or ancestors property in not a good idea, it looks like a dumb thing. She is not thinking by value of their hard earned money. Also sure that her inlaws will not aggreing with her thoughts. 2. Instead she can work & or minimize with the expenses. 3. 3 Lack is a good ammount which she has, can prepay partial car or home loan. She can invest it & earn more money will cover other expenses as well. Conclusie thought: One should not buy expensive cars for status symbol when you are not able to pay it's loan ammount. Instead you buy wagon R alto or Tiago which does the same work for travel, rent Or sell it.
I am from US and follow your channel diligently. I think this kind of common peoples financial problem solving makes more sense then solving first world problems … love this series !
She got clear understanding of what is what. She can jump into IT Field as she speaks good English and her confidence levels are top notch. Im happy to gyide her in case she needs guidance.
Hey, Ankur, you have raised your level of likeability by doing this great job by live examples and relatable to every person, otherwise people just motivate which is very easy
This is the first time I have written my comments. The conversation between both is really very good. He explained the way, and the reply was very good. It's helpful to most of the family situations
Appreciate the Lady taking steps towards increasing wealth and become debt free..im a financial researcher and I could say Ankurs advice is the best that the lady could ever get.
Thanks God u have given very helpful person.who give solutions to our financial problems..ye series chalati rahe world record Bane ankur ji.if you can charge we are ready to pay.kitane achche se aap sun rahe the.mai to fan ho gaya aapka
I'm a big fan of your podcast that fixing middle class financial planning. Last night I brought your recent book "Make epic money" Book and awaiting for delivery.
Great way to suggest the manner in which the loan can be repaid and corpus built. I would have also thought of repaying the car loan first. But hearing this conversation my perspective changed and it is unbelievably manageable in the manner the it is presented 👍👍
i just loved when you said "why don't you have a career not just to help your husband but why waste a talent beautiful as yours"... i think that's a problem in India where girls (not to mention pressure from society parents family) leave career for marriage only to come back few years later to help their husband .. rest of the video is really practical and insightful
Good evening Sir. Thank u very much to organize such program. U r a very honest and humble human being who shares all his tit bits ideas along with the viewer. Great job. Keep it up please. God bless u and entire team
I love watching your videos. You are very transperent, pure soul, curious and hard working personality. You are enjoying what you are doing and we love and support that from bottom of heart. Keep doing such great job will be helpful for people who are unaware of financial management and specially series like this for people in financial stress. Thank you very much.
I wish I had such one person who advised and helped to come out of issues. I am waiting for one such suggestion to change my life to better me and future.
Really, Its a great step taken by Ankur Warriko...He is really a very simple man & a gem💎.. Thanks for helping us woth these episodes...we really need this...♥️
What a advice- Sell ancestors property (which definitely disconnect you from your roots) and build property on loan, finally feel proud on your achievement 😄😄
The car loan EMI for 2 years @15k p.p comes to 3.6 lakhs and she's saying that the outstanding amount is Rs. 6.5 Lakhs. This is not adding up and I'm surprised Ankur didn't notice this.
Sir...bhai warikoo...your SOUL trying to get..approval of masses a ordinary people.. nice of you, u may do something big for nation in future...my expectatio ...namaste. ❤
I agree with the solutions, 4.8 crores in the bank account would not might grow in old ancestral house. And there’s also no need for another property and living like at NIL position with so much stress in head. Instead they would sell the property, start investments and live a little stressful and better struggling and earning ultimately. Great 👍
Gem of a person, he presents finance with ease. Just keep doing good work. Would like to see an episode with 50-55 year , Working/ Retired person. I m ready to join if needed.
Ankur I could be wrong, but if she's earning a 15% return annually: 72/15 = 4.8 years (nearly 5) So, it would take approximately 4.8 years for her investment to double at a 15% annual return.
Really really great of you sir to bring some hope and positivity in Komali mam’s life… ❤❤❤ I wholeheartedly wish her all the best and thank you once again for helping out others in their life changing simple decisions which will going to impact them in a big way…❤
People talk so confidently on mutual funds and it's returns that it's frightening. Just remember that previous performance is no way a marker of future earnings.
Hai, Instead of investing 25lakh in mutual fund. Complete home loan and car loan after selling ancestor property, Remains 60-50=10 lakh in hand approximately. So now invest this 10 lakh in Mutual fund first, then do SIP regularly from your salary. Overall immediate all loans will be cleared and also savings will be done, instead of keeping the loans for other 4 years.
thanks for making this video sir i want to also come on your channel for improving my personal finance journey hats off to you sir you are really doing great work this thing really needed for every indian citizens
Really appreciated Ankur Sir, you solve financial problem chutki me. Jaise gale pe debt ki churi lagaii thi n usko ice banake jaiise melt Kiya Aram se 😅🎉
Idts it’s a best advice. It’s very complicated what I’ll do I would sell the house and pay the remaining EMIs and save capital gain tax on it and invest 50k from salary in MFs small and large cap.. in longer period of time this is the best option I can see because sometimes it’s not about the ROI it’s about the piece of mind..!
Whatever Ankur sir suggested, please follow and I would suggest that you have good command over English and obviously over chemistry also so please try to engage yourself in private tuition in chemistry /English and that may fetch some additional income. Best wishes.
Ankur sir bahut sare fund small cap, mid cap, large cap, flexi cap to confuse hota hai investment karne k liye sir aap kabhi just example mein batao na selection process.
Relying on risky stock market for future, is it worth seeing current market conditions, we dont know what will happen in future and what new expenses will be levied on us, feel little confident about it
It's a very educative and motivational video series. Thank you, Ankur and Team. Please create a video on how to take a Home Loan/Personal Loan or points to check while taking these loans.
Just a question, is the car loan really @7.50% ? I am a working bank professional, and repo rate is @ 6.50% & considering last time rate changed was February MPC. I have an educational loan from SBI which is pretty minimal considering Government provides rebates to students who study on TOP 15-20 university. My Education Loan is now @8.5% which was at some point @7.5%. Request to cross-verify the interest rate once again as it might impact your repayment cycle. Thanks.
Thank You sir ji. I also got new idea to close lone Arly . Increase EMI with 10% & pay extra EMI ones in year Her English is so good. My English is not so good but I also trying to flaunt in English.
Thank you so much Sir....You are my inspiration for the SIP but always i have a question about what happen if i die between the years of investment? My family needs to withdrawal it or continuously invest? Please help
I am a regular viewer of channel. I am realising my mistakes by watching ur videos. Yesterday I saw your epic money book in railway station and I purchased that. From yesterday to now I am glued to your book. Wonderful book ,( not a book but a notes on financial learning). Thank you so much for such a fantastic book.
Sir, MFs are not guaranteed to generate 12 - 15% return per annum. MF can generate more return if one can invest hard earned money at market dips. Etf is better than MF. She can also look at etf where she has a better chance to get a little more extra than MF.
Hi Mr warikoo I m in govt job After 12 years after marriage my husband slaps me and say "tumhare paise kaha Gaye tum jano" By that day I manage all my salary with all liabilities of my kids and home.(including everything) But today don't know how I invest my money for my kids and myself liabilities for their future.Want to talk you.
On paper it might look as if you are paying higher interest during initial months and lower interest during later months, but in reality , its the interest component is always on the outstanding amount. So, when you pre-pay / settle the loan doesn't actually matter. Its the same thing.
I am totally against clearing home loan. My home loan interest is 8.5%, if I discount tax return, it is giving effective interest ~7% after factoring in the volatility of interest. So this is cheap money and keep on continuing the loan and that extra money you are planning to put in home loan, put it in index fund if not mid cap or anything more agressive. This will appreciate much faster and by this snowball effect you will get enough money to clear the home loan. Yes I know a huge loan adds pressure and sleepless nights, I do have only home loan of 42Lk, but get used to it and focus to increase the available amount at a rate faster. 7% effective interest in home loan vs ~15% return from equity. Do your excel math.
I would rather invest the complete 60 Lakhs in FD and will get the interest of 3.5 Lakh After Cutting all the taxes. Then Directly Pay that amount for the new Home Loan. This way my Principle Amount is saved and Home Loan EMI is also reduced
Sell the ancestral home, pay off all loans. Use the salary every month to invest in stock market. From peace of mind perspective this is a better approach
Thank you Sir bas Sir please pray for me that Ratan Tata and Sons and group should and must retain me rest all is mine allow me to serve the Nation 🙏🙏🙏🙏🙏🌹🌹
I am disagree to selling the ancester HOme fo rs. 60 lakh . beccause this is the hard earn property by father in law which not easily understandable by new age Bahu. take there opinion (father in law) ... as property is not made again and again... instead of that you can rented that property........My Thoughts
Same here.She or her husband have no right to sell father's house.What if there are rift within family in future,the parents will have no place to live.
There no better feeling than owning a land and house... So I feel you should keep the house... Since it's already like an investment... It's better to rent the house
If you wish to be part of the Money Matters series, please fill up this form: forms.gle/Tmbo2nUTnhn9vjpG7
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
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 contributed 53L.
Sir make video about personal portfolio management services and pms vs mutual fund
Sir I am 19 year old please gide investing
Can u please take a look on my finances and guide me
but, their situation is continue to be same as right now, since they are Investing the whole amount from Land into MF bulk/SIP right? They can keep some emergency fund of say Rs. 5.0 Lakhs. Because, she said the whole income is matching with the expenses right now.
Hi ankur how to get correct person for investing in mutual funds
This lady husband and in laws are great. She, a home maker, yet she knows everything about her husband finance. Most home maker had no idea. I'm sure her husband shares everything with her besides she's well educated which makes sense.
This is amazing.
I loved that bit!
More credit to husband as well to keep his lady aligned. Most women’s don’t know because men’s don’t want to share😂
I don’t know about others but where I come from
It’s usually the female who controls all the money even though she’s not educated ! I learnt most of my personal finance from my mom
I'm also a warikoo follower,same here I'm only the financial planning person from 16 years,my husband is a hard working person,but he don't want to do financial planning,he is enjoying his time with family outings& OTT platform 😂😅 but after watching warikoo videos I'm improved myself so much better than before , thanks Alot Sir,💐🙏🙏🙏, you are my Guruu in financial planning upto our retirement, with out anybody's Support, just we are planning with our hard earned money,so much Satisfaction we can't forget your help regarding financial planning 🙏🙏🙏😊
If they know these things, they will monitor their ancestors, mostly in-laws' properties and pressure their husbands to take money from them. (Not applicable for all😂)
Banker here.
Don't sell the ancestral home. Approach the bank and submit a request to increase the loan tenure by another 5/10 years. The housing loan EMI will be reduced and you will have breathing space to manage current expenses.
Then whatever additional income the lady or her husband generates, she can pay the bank which will reduce the principal amount.
Housing loan does not have pre payment or part payment charges at least in govt banks.
This approach will save her from selling and ancestral property, her current housing loan EMI will be reduced and the amount she saves can be utilised in investing in MF or any other savings assest.
How it possible, if they increase the loan tenure then intrest money also increases,
And if they repayment the some money every year , will bank reduce only principal amount? I think bank will reduce that repayment amount from outstanding amount,
Will bank reduce tenure fro that repayment amount?
Please answer
@ketan_digital146 yes, if they increase tenure interest will increase. The prepayment we will pay will be directly reduced from Principal amount not from outstanding. You have the option to either reduce tenure or reduce the EMI during prepayment.
Need more insights did they took the home loan on the interest of fixed rate or floating rate ? And the issue was they didn’t paid even a single amount of down payment 😮
People charge money for such in-depth financial consulting which you are doing free for people in need. Good job Ankur, keep up the good work for people. People’s love is ur real achievement rather than the monetary growth of ur own assets. Good show AW.✌🏻
Getting rid of debt is really challenging.Personalised suggestion and guidance are extremely required.
Hey Ankur, Its a very good way to interact with real people directly and fix their financial issues by guiding them. I really liked this approach! This will definitely help us INDIANS become financially free. KEEP THIS SERIES ON!!
Im not huge fan of watching financial videos as it stress me so often avoid but i do watch sometime by forcing and one things is very clear having financial knowledge can create lot difference making money is different thing but utilising it is a different things and he proves it everytime..
This is one of the unique shows in the world I have seen so far.who is working for middle class mentally blocked due to bad financial decisions.
I wish more power to Sir.. please coach us as always❤
Basic things;
1. Selling In laws or ancestors property in not a good idea, it looks like a dumb thing. She is not thinking by value of their hard earned money. Also sure that her inlaws will not aggreing with her thoughts.
2. Instead she can work & or minimize with the expenses.
3. 3 Lack is a good ammount which she has, can prepay partial car or home loan. She can invest it & earn more money will cover other expenses as well.
Conclusie thought: One should not buy expensive cars for status symbol when you are not able to pay it's loan ammount. Instead you buy wagon R alto or Tiago which does the same work for travel, rent Or sell it.
Sell inlaws hard earned property is not a good idea 😂😂😂😂
Yes you are right
Maa baap ne jo property banayi use bachho ko behne ka koi haq nahi hai
Alto is far better option...!!
@@jagadishchalageri6885 Why?
Why selling is not a good Idea?
Thanks sir for starting this series. you are doing a wonderful job by spreading the much needed financial awareness
Best part of Ankur is he never puts down the person while suggesting the solution.. kudos to his efforts 😊
I am from US and follow your channel diligently. I think this kind of common peoples financial problem solving makes more sense then solving first world problems …
love this series !
She got clear understanding of what is what. She can jump into IT Field as she speaks good English and her confidence levels are top notch. Im happy to gyide her in case she needs guidance.
Hey, Ankur, you have raised your level of likeability by doing this great job by live examples and relatable to every person, otherwise people just motivate which is very easy
This is the first time I have written my comments. The conversation between both is really very good. He explained the way, and the reply was very good. It's helpful to most of the family situations
This is probably the most helpful show series available.... Very relatable and helpful for all.
Appreciate the Lady taking steps towards increasing wealth and become debt free..im a financial researcher and I could say Ankurs advice is the best that the lady could ever get.
Thanks God u have given very helpful person.who give solutions to our financial problems..ye series chalati rahe world record Bane ankur ji.if you can charge we are ready to pay.kitane achche se aap sun rahe the.mai to fan ho gaya aapka
I'm a big fan of your podcast that fixing middle class financial planning. Last night I brought your recent book "Make epic money" Book and awaiting for delivery.
Great way to suggest the manner in which the loan can be repaid and corpus built. I would have also thought of repaying the car loan first. But hearing this conversation my perspective changed and it is unbelievably manageable in the manner the it is presented 👍👍
i just loved when you said "why don't you have a career not just to help your husband but why waste a talent beautiful as yours"... i think that's a problem in India where girls (not to mention pressure from society parents family) leave career for marriage only to come back few years later to help their husband .. rest of the video is really practical and insightful
Can you mention the time of this part
Komali gave a real great suggestion.... follow-up after 2-3years.
Clarity in finance needs honesty between partners involved.
Good evening Sir. Thank u very much to organize such program. U r a very honest and humble human being who shares all his tit bits ideas along with the viewer. Great job. Keep it up please. God bless u and entire team
I love watching your videos. You are very transperent, pure soul, curious and hard working personality. You are enjoying what you are doing and we love and support that from bottom of heart. Keep doing such great job will be helpful for people who are unaware of financial management and specially series like this for people in financial stress. Thank you very much.
I wish I had such one person who advised and helped to come out of issues. I am waiting for one such suggestion to change my life to better me and future.
The guest speakers provided valuable insights. It's great to hear from experienced investors.
Please give me a chance to attend the money metter - filled the form
Waiting to meet India's best lovely finance teacher Warikoo Sir
Really, Its a great step taken by Ankur Warriko...He is really a very simple man & a gem💎.. Thanks for helping us woth these episodes...we really need this...♥️
Dear Ankur sir I am big fan of you. I have sent the google form last episode. Thank you so much for the nice series. I learn a lot from this
What a advice- Sell ancestors property (which definitely disconnect you from your roots) and build property on loan, finally feel proud on your achievement 😄😄
The car loan EMI for 2 years @15k p.p comes to 3.6 lakhs and she's saying that the outstanding amount is Rs. 6.5 Lakhs. This is not adding up and I'm surprised Ankur didn't notice this.
2 years left from the loan tenure..they might not be paid previous payment..so outstanding is increased
Basically the younger generation need to understand finance since it is easily manageable now. But lately they are not into saving but spending.
This is the only knowledge one/world should have at an early stage then your life would be organized..!! KUDOS to ANKUR..!! 👃
Sir...bhai warikoo...your SOUL trying to get..approval of masses a ordinary people.. nice of you, u may do something big for nation in future...my expectatio ...namaste. ❤
I agree with the solutions, 4.8 crores in the bank account would not might grow in old ancestral house. And there’s also no need for another property and living like at NIL position with so much stress in head.
Instead they would sell the property, start investments and live a little stressful and better struggling and earning ultimately. Great 👍
अब Money Matters Episode का बहुत ही इन्तजार रहेगा जी ❤❤❤
Fix your fininance
This is great. Speaking with commoners
You are so unassuming and you made her very comfortable.
Keep rocking Ankur
@Ankur
You are an amazing Financial Advisor. The way you decode the proper use of money is so helpful. Keep sharing such videos. Thankyou
Gem of a person, he presents finance with ease. Just keep doing good work.
Would like to see an episode with 50-55 year , Working/ Retired person.
I m ready to join if needed.
The caring of using money of his husband and lawd In this woman is really appropriated 🌸
Ankur I could be wrong, but if she's earning a 15% return annually: 72/15 = 4.8 years (nearly 5)
So, it would take approximately 4.8 years for her investment to double at a 15% annual return.
People investing in stock market for last 3-4 years think that market cannot go down.
You are simply great Ankur, I always waiting for your now magical financial advice...
Really really great of you sir to bring some hope and positivity in Komali mam’s life… ❤❤❤
I wholeheartedly wish her all the best and thank you once again for helping out others in their life changing simple decisions which will going to impact them in a big way…❤
People talk so confidently on mutual funds and it's returns that it's frightening. Just remember that previous performance is no way a marker of future earnings.
Hai,
Instead of investing 25lakh in mutual fund. Complete home loan and car loan after selling ancestor property, Remains 60-50=10 lakh in hand approximately.
So now invest this 10 lakh in Mutual fund first, then do SIP regularly from your salary.
Overall immediate all loans will be cleared and also savings will be done, instead of keeping the loans for other 4 years.
thanks for making this video sir i want to also come on your channel for improving my personal finance journey hats off to you sir you are really doing great work this thing really needed for every indian citizens
Your explanation is best I am waiting for your videos 🙂😊
Really appreciated Ankur Sir, you solve financial problem chutki me. Jaise gale pe debt ki churi lagaii thi n usko ice banake jaiise melt Kiya Aram se 😅🎉
Ankur you are always true to your suggestions and love your series. Followups could be more exciting and trendsetters too
Idts it’s a best advice. It’s very complicated what I’ll do I would sell the house and pay the remaining EMIs and save capital gain tax on it and invest 50k from salary in MFs small and large cap.. in longer period of time this is the best option I can see because sometimes it’s not about the ROI it’s about the piece of mind..!
Whatever Ankur sir suggested, please follow and I would suggest that you have good command over English and obviously over chemistry also so please try to engage yourself in private tuition in chemistry /English and that may fetch some additional income. Best wishes.
She does not want to work 😂
Ankur sir bahut sare fund small cap, mid cap, large cap, flexi cap to confuse hota hai investment karne k liye sir aap kabhi just example mein batao na selection process.
Plss do not stop this series we can learn who others mistake and learning❤❤❤❤
Relying on risky stock market for future, is it worth seeing current market conditions, we dont know what will happen in future and what new expenses will be levied on us, feel little confident about it
It's a very educative and motivational video series. Thank you, Ankur and Team. Please create a video on how to take a Home Loan/Personal Loan or points to check while taking these loans.
Money matters series ke liye mei wait karta rehta hu.. please aise videos ko continue rakhe, I request you ankur
Simple and polite lady. This episode was quite helpful.
Just a question, is the car loan really @7.50% ? I am a working bank professional, and repo rate is @ 6.50% & considering last time rate changed was February MPC. I have an educational loan from SBI which is pretty minimal considering Government provides rebates to students who study on TOP 15-20 university. My Education Loan is now @8.5% which was at some point @7.5%. Request to cross-verify the interest rate once again as it might impact your repayment cycle. Thanks.
Thank You sir ji.
I also got new idea to close lone Arly . Increase EMI with 10% & pay extra EMI ones in year
Her English is so good. My English is not so good but I also trying to flaunt in English.
Thank you so much Sir....You are my inspiration for the SIP but always i have a question about what happen if i die between the years of investment? My family needs to withdrawal it or continuously invest? Please help
Okay! Why do I feel that she’s elated and so happy because he suggested her to sell the ancestral house which she was also thinking 🙊
Ankur Sir.....Women side of me....cant stop thinking....ur well aging like wine...just handsome and wise........
Hello Ankur sir. Very nice suggestions by you to get rid of debts. God bless U
I am a regular viewer of channel. I am realising my mistakes by watching ur videos. Yesterday I saw your epic money book in railway station and I purchased that. From yesterday to now I am glued to your book. Wonderful book ,( not a book but a notes on financial learning). Thank you so much for such a fantastic book.
All the best
Sir, MFs are not guaranteed to generate 12 - 15% return per annum. MF can generate more return if one can invest hard earned money at market dips.
Etf is better than MF. She can also look at etf where she has a better chance to get a little more extra than MF.
Can you scan book and send me
I want this book
Hi Mr warikoo
I m in govt job
After 12 years after marriage my husband slaps me and say "tumhare paise kaha Gaye tum jano" By that day I manage all my salary with all liabilities of my kids and home.(including everything)
But today don't know how I invest my money for my kids and myself liabilities for their future.Want to talk you.
I love the way you explain ankue really 🙏 Making such video is part of social help which you doing by put your self in our shoes 🥰
On paper it might look as if you are paying higher interest during initial months and lower interest during later months, but in reality , its the interest component is always on the outstanding amount. So, when you pre-pay / settle the loan doesn't actually matter. Its the same thing.
I am totally against clearing home loan. My home loan interest is 8.5%, if I discount tax return, it is giving effective interest ~7% after factoring in the volatility of interest. So this is cheap money and keep on continuing the loan and that extra money you are planning to put in home loan, put it in index fund if not mid cap or anything more agressive. This will appreciate much faster and by this snowball effect you will get enough money to clear the home loan.
Yes I know a huge loan adds pressure and sleepless nights, I do have only home loan of 42Lk, but get used to it and focus to increase the available amount at a rate faster. 7% effective interest in home loan vs ~15% return from equity. Do your excel math.
South people are very much charming and very polished and very much neat and clean very much transparent and translucent 🌹🌹
This can help thousands who are in this sort of situation ❤
Love this series. M a regular follower. Sir you rocks
I am very impressed your financial loan repayment plan. Big thanks
I would rather invest the complete 60 Lakhs in FD and will get the interest of 3.5 Lakh After Cutting all the taxes.
Then Directly Pay that amount for the new Home Loan.
This way my Principle Amount is saved and Home Loan EMI is also reduced
Great initiative sir, much appreciated for these sessions.
Komali will be Crorepati till end of the video 😂😂😂
😂😂 bro I almost choked
@@AnujNeogi-ih2db😂😂
😂
I threw water I was drinking 😂😂😂😂😂
Instead of increasing emi its always good to pay of to the principal because usually it will incur charges to increase EMI.
Your explanation is very good ☺️😊
You are an inspiration and a lovely person.....
Yes my mom is great investor and better in money management
Sell the ancestral home, pay off all loans. Use the salary every month to invest in stock market. From peace of mind perspective this is a better approach
Extraordinary ❤❤❤ keep up ur suggestions it's really inspiring towards financial freedom
Thank you Sir bas Sir please pray for me that Ratan Tata and Sons and group should and must retain me rest all is mine allow me to serve the Nation 🙏🙏🙏🙏🙏🌹🌹
Ankur sir, hats off to you ❤
Respect sir… all straight from the heart❤
Super very kind information to learn from this conversation 🙏👍
Ankur's biggest achievement is making blunders OK. plus those expressions deserve a show of their own :D
Yes.
Thanks so much Sir for shating this conversation... An eye opener for us to have clarity on money mnagarment...
इस पॉडकास्ट की जितनी तारीफ की जाए कम हैं ..
Sir I have filled the form 2 times.plz consider for your guidance
Nics video!! These are very good suggestions Ankur. Thank you 👍🏻 please continue this series
Thank you Ankur Sir, this was really helpful🙂
great session,wariko..
I am disagree to selling the ancester HOme fo rs. 60 lakh . beccause this is the hard earn property by father in law which not easily understandable by new age Bahu. take there opinion (father in law) ... as property is not made again and again... instead of that you can rented that property........My Thoughts
Yeah I agree too
Even I think the same
Same here.She or her husband have no right to sell father's house.What if there are rift within family in future,the parents will have no place to live.
But there is no point to keep extra property.
Please read my couple of comments in this video I have explained everything and I agree with you 100%
Thanks , I was really waiting to learn something
Sir you are the best guru ❤ nice explanation thank u 😊
Thanks such a wonderful conversation
There no better feeling than owning a land and house... So I feel you should keep the house... Since it's already like an investment... It's better to rent the house
It's really amazing and inspirin...
You jst remove mah all the doubts for prepayin loan...
V
@warikoo like to see you practical ground I like very well.... If you this type prctical ground. It will be helpful
Idk how caleb hammer does episodes every day. In India there should be atleast one finance youtuber who should be doing 2-3 episodes😅