3 Generations Living On Rs. 18 Lakh In Delhi| Fix Your Finance Ep. 78
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- เผยแพร่เมื่อ 6 ก.ย. 2024
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Hello guys, welcome to another episode of Fix your Finance. In today’s episode, we meet Vikas and Rajni and their two kids. Rajni currently works in university as an HR professional and Vikas handle B2B sales in a company. On the side, they also run a paratha business to save for their kids' college education. In this video we talk about their income, expenses, loans and liabilities and investments.
We also talk about their business and the various ways to expand it. Along with this, we also discuss their investment strategy for their kids' education.
and much more!
Enjoy :)
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This is REAL India! They are working hard to earn an honest living. I hope they achieve their goals. All the best to their family!
76 iq p***et
The kid smiling is just so cute !! 2:16
Bro is more richer than GenZ Banglore Boys with 30LPA package , this is what happens when you get your basics right 👍
How are you saying that? Being single and young, 30lpa is a TON of money
@@gnes04 but most genz who are earning 30 lpa currently instead of saving it they are spending most of it and ending up saving same amount as someone who is saving in 10 lpa
Anshuman do you think this Man needs your advice? He is very smart guy.He just came here for publicity. He is in very good financial position
The per capita income of delhi is 4.61 lakhs. Compared to that, 18LPA with 2 kids and mother living with you, definitely he is middle class. Bloody, stop crying in the comment section(ridiculing them for 18LPA) without any sense.
His mother is independent. Pension holder
3LPA is considered Middle class in India according to reports
3LPA is considered Middle class in India according to reports
@@abhayrohitvai per capita income ka matlab pata karo. Average income per person ko kaha jata hai
Toh sirf iski family hai baaki jo 4 lac waale hai wo akele rehte hai
Mom and dad has virtually locked the kid with their knees, very cute :D
Ni krte to video ni ban pata bhai. Baccho ko sambhalna aasan kaam ni hai.
GREAT VIDEO.
If this is middle class , then for sure i am below lower class. Somebody please define class ! Nowadays people earning 1 cr also says middle class.
Great confusion hai bhai ye toh😅
@@sayanbiswas_sports there is no perfect definition and y do u care abt it
It's based on you even with 10 lac u live a great life and even with 1 Cr u can live the worst life
@@technofetethat's okay. But when people earn so much still says they are middle class, that's the problem. But can't help! Better I will start calling lower class from next time onwards.
Well some researches suggest that people earning 17 LPA are considered middle class and anything below 17 lakh is considered lower middle class.
Divide ur total family income with total family numbers, if it comes below 5 lakh u r poor, above 5 it's lower middle class
For everyone cribbing about 18 lpa being middle class, guys you must understand just the income doesn't define whether you are middle class or upper or lower class, you need to consider the dependent family members as well.
In Delhi, 30-45k per month may well and truly be considered middle class, but that is for A SINGLE PERSON. When there are 5 dependent members in the family, the number is no longer the same. Standard way is to divide the total income by the number of dependent members( although ideally it should be even lesser than the number reached, bcoz kids and old people have greater expenditures than young single people, but anyways let's not go that deep). So here for a family of 5, to be middle class you got to multiply that 30-45k by 5 which gives us the number 1.5 lakh -2.25 lakh. Hence they are JUST BARELY middle class. To be in upper middle class, their total income should be minimum 2.5-3 lakh per month, no less.
People (men) are cribbing because they might be earning 45k a month and are realizing they cannot afford to get married and have a family.
Few points were skipped in video while you may have spoken in person:
1. Pension income of Mother not counted
2. Income of business not counted
3. Term & Health insurance
4. No retirement planning discussed
5. EPF savings never gets discussed in your video
6. 1 crore education amount for Graduation seems very high.
7. Higher education goal or marriage goals missed
15:18 For the younger kid, The amount should be considerably more than 1Cr. With education inflation around 12%: You should target 2Cr.
I liked the format where Anshuman suggests actions but NOT actual investment options saying you will get 1 Cr at the end if you invest here. Investment recommendations could call for some trouble once you promise a certain reward . However keeping that aside , great episode !
Looking at the time period of 8 and 14 years, I think it is more sensible to invest in pure equity rather than some gold, they can allocate some money in conservative hybrid funds for stability. Gold can be equally volatile as equity.
Very informative video. Thank-you Anshuman.
Why don't you make a video of your investment journey sometime. When did you start investing, what were the hurdles you faced etc. hope it will be a learning experience to all of us.
Education is over hiped now. Bekar me paise waste mat karo. Padhai basic jaruri hai, baaki sab business hai.
True, college bhej ke aj tak koi bada nahi bana. IIT IIM to sab farzi hai. Us paise se alto khareed ke uber chalana chahiye.
@@abhi-5783😂😂 destroyed in seconds
Best video Anshuman. Thanks for bringing this beautiful family 😊
He is not allowing her wife to speak..
Kyuki wives generally pol khol deti hai.. 😂
Investing for kids education is important but more important is to save for retirement. I hope they are also focusing on that goal and not only on kids education.
"1.5 lpm =husband + wife inhand income, or only husband??"
Harinagar me gaye ho toh Muhfaad se mil lena
Ghanta ghar se rajouri tak 😅
Usko personal finance ki jarurat b h😂
Bhai, Muhfad koun hein?
Lovely video! Beneficial information as always! Kudos 🙌🏼
1.5 lakh collectively and that too with more than 15 years of experience is too less
Sales main he bhaii
Har kisi ka starting point aur growth same nhi hota na bhai
1. A) expenses per year * 400x must be retirement
2 A) we can build it using sip in mutual with respect to all insurance and term and health
3 A) We can get income from SWP FROM mutual must have health insurance
Hi.. could you please explain the logic for 400x. Is it realistic and achievable?
Non sense
Bhai 1.5lakh waala middle class hum to
Bpl card waale hoye fir sedha sedha😢
Bro is sorted but he's trying to save his children from education loan.
Bhai kaunse India mai rehte ho. This is mot middle class income, not even in Delhi.
Awesome side hustle! All the best
5:53 array mam achanak gussa kyoon hogyi?
i have a question you don't ask him about health insurance and life insurance ?
Delhi Mai 18 lakhs is middle class 😢 sad reality
Good one 👍
I love kids they don't give a shit about anything. 😂😂
Please add English subtitles very important and please learn from Ankur warikoo videos and this is my feedback to you
wife ka income?
1.5 lakh mans income + 50 k wife income + plus business income invested in business 34 k
bhai apke asianpaints aur bergerpaints ki holdings ne kitna return dia :)
😂😂
He is looking cute that smile
Plz fix throat before finanace
Good video
Everyone is middle class in India until one becomes a billionaire 😂
i need fix in my finance
1 cr konsi course me lagte hai?🙂
Open your mind - Btech + MBA mein aaj bhi 50-60 lakh lag jaate hain unless kisi chapri colllege se na ho ya IIT scholarship na mili ho
@@x_ankan_x1189 MBBS 🙂 and anyway this is after 8 and 14 yrs respectively
MBBS (private se karne ke liye)
College in US , Australia or Europe may cost similar around that . for complete course .
@@suneeshkachroo US costs way more than 1cr. At least for something reputable, and 8 years down the line toh definitely all of these will cost a ton.
hmm
Ladka (smiling) - puri papa ki mehnat bade hoke apne naam kr lunga.
Cute kid
Anshu bhai, Vicks ki goli lo, khich khich dur karo...
Inko kis baat ki taqleef hai jo 60-70 haazar monthly bacha rhe hai 😂
Plus business alag start kr diya hai inhone. 😂
Fix your throat as well
Why this guy wants to save to kids education. Focus on their current education and male them capable to crack best colleges and let them finance their own education expenses.
They should focus to build their own corpus for retirement. But as like LIC they again trapping in middle class mentality of financing kids education, marriage and house for their future.
Hey Anshuman! As always, great content!
Answer me this thing though.
This guy here says that he needs approx 2 crore for his kids education. What do you think his actuall ROI would be with this investment. Schools and colleges are getting too damn expensive and looking at the current job market, there are so many skilled people who still do not have jobs. I am just trying to imagine the situation 10-15 years from now and do you really think spending crores of rupees in childrens education would actually be beneficial for them.
I do understand that there is no other way. Kids education is definitely important,but just a thought that occurred to me. Would love to hear what you think about this! Thanks in advance.
This guy is a conman.Reschedule webinar & dont refund the money.Thats his strategy.
Hey Rajesh, as communicated over email last week your refund has already been processed. A confirmation for the same has been shared on your registered contact no. Additionally, our team also tried reaching you over a call. Happy to help with any other query!