30 years, 30 CRORES! Aspin's Loan to Wealth Strategy! | Money Matters Ep. 15 | Ankur Warikoo Hindi

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 as I guide Aspin, a driven software engineer from Odisha, through a comprehensive financial roadmap. Aspin shares his ambitious goals of pursuing an MBA, saving for his sister's wedding, and securing a home for his parents.
Throughout our discussion, I provide expert advice on essential financial strategies, including building a robust emergency fund, making strategic investments, and adopting smart savings habits to turn these aspirations into reality. Whether you're aiming to achieve personal milestones or secure your financial future, this episode offers valuable insights and practical tips for mastering your money and building lasting wealth.
Don't miss out on this opportunity to learn effective financial management techniques and embark on a path towards financial security and success.
Want to join me on the show? Fill this form and my team will reach out to you: forms.gle/uj9JPUBp8Wo9nZQi7
00:00 Introduction
00:06 About Aspin
01:40 Aspin's expectations from Money Matters
03:47 Current financials
11:58 Financial Plan for Aspin: Insurance, Investments and Paying off Loans
30:16 Questions from Aspin
33:10 Conclusion
#FinancialPlanning #MoneyMatters #warikoo
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[@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 contributed 53L.

[@ketankumardas6732]

sir i am a student and watching your videos from the very beginning. my question is, if I invest around 1 lakh per month, what would be my interest after 20 yrs.

[@ketankumardas6732]

And sir, I want all kinds of financial advisory from you, as you are my inspiration.

[@n080610]

Pls make videos on 40-50 years old people

[@NihonRP]

How I contact you for advice?

[@deepikakumardirector-stanm576]

I’m ❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤

[@romil782]

@warikoo Pls make episodes of people in the age range of 30-40 years too ....

[@smithasebastian4815]

I think all videos are with youngsters. Expecting more videos involving 45 to 60 age limit. THANKS

[@gamerz_2k]

More than half of the India's population/channelviewers are below 32. Hence he will do more on this category only

[@rajnayek5269]

Mnc software engineer and mnc software engineer and goes on.... plz don't do that, bring other professionals so that many other peoples can relate like banking, teacher, professors, doctor, government officers etc

[@warikoo]

Check out other episodes

[@AkashKumar-ts4iu]

Are ye sab ke jobs jayenge 1 2 saal me , highly overpaid Professional, hope we get recession in US

[@triggeredlonda4317]

Praying on someone downfall when pereon has not done you any wrong you itts not good for you​@@AkashKumar-ts4iu

[@swarnadityamaitra6257]

​@@AkashKumar-ts4iu There's no lacuna of jobs for the people who are genuinely skilled, now or in the future. Even if a particular department, or a company falls, market always pays well for real skills.

[@veeresh_22]

​@@AkashKumar-ts4iu not sure why you are bringing in so much toxicity for the IT sector.. FYI, recession is already going on in US, it will only get better now by next year.

[@soloviks]

Congratulations Aspin 🥳🥳🎊🎊🎉🎉 Ankur sir ke video mein aa gye..more to come 🥳🥳

[@rajpincha2572]

Hi Ankur, just finished reading your books. Great read, thank you so much.

[@sameerverma1873]

After 20 years he would have 6.2 crore which would have a purchasing power of 1.8 crore as of today.

[@Gyaan_paapi]

Not bad though.

[@fsparas7769]

Uncle got me he looks more older then warikoo

[@madhulinaroy3417]

Make some vdo on age 40. Who now started following you and confused how to plan as next 15-20 yrs only in hand to plan out

[@mathematicsmind8648]

Exactly...

[@abdulquadiransari7476]

All I have is Love for you Ankur sir!!!....

[@parwaagrawal]

GREAT analysis , Very informative video!!!

[@who_am_i789]

Jai jagganath 🚩 Love from Odisha❤

[@vinitaparihar7914]

I definetely learned a lot from you sir and because of that I am holding very good situation in my financial journey, keep encouraging guiding us👏👏👏

[@srinivasulutirumani9838]

Thank you so much sir

[@mitisrivastava]

Ankur please include some 30 to 40 year people case study…..

[@saurahupadhyay936]

Ankur ji, I love your videos. I am 38 and had heard about Compounding but only been able to pay attention to Compounding now. Took out a 18k SIP last week, after watching your videos.

[@sabyasachiacharya9920]

And i am thanking you for your valuable advices which are so usefull for us. Thankyou sir.

[@ShivaKumar-rf5vk]

And one sip should be considered in Us index fund and another in gold fund for long term that act as hedge if any recession or Covid situation

[@shubhammittal7936]

@warikoo, I'm following you since long time and you are my inspiration for my investment journey. I would like to request you that Ankur, You have ample knowledge and I always admire you. Good that you are helping people by listening their financial details and providing them good suggestions. But now it is getting REPEATATIVE (with due respect)content for me(being a great fan of yours). I hope you could hear my voice as your biggest follower. Thank you Ankur!! God bless 🙏

[@amarjitjena111]

I am watching your all the series of money matters and other videos also

[@NeelChourasia]

Great planning 👌 👍

[@priyanshusaraswat24]

One important fact is missed in your videos That is needs and wants expenditure in total monthly

[@ronmiller3741]

Great video. One most important and non-negotiable point. Keep developing skills. Why ? Software is a field that pays heavily for skills and top 20% people make a ton as power law comes into play. At age 30, he will easily make ~1cr/ year base package other than esops which is around 4.5L-5.5L / month in hand after taxes.

[@Adup5724]

Salary doesnt increase drastically. Also not many sde will go above 40L in package in their entire career. Package depends upon the company you are working in. City also plays some role but majorly its company. There are not many companies that pay this kind of money. Remember, world only focuses on very few things. They will talk about 10 person with 50L package but will not tell you that for those 10 people, there are 10000 people working for 6L package.

[@PradeepSingh-vm1gl]

Should an investor hold cash at any given time, if yes then where should I keep that cash and how much percentage of cash an investor should keep at all times? I am asking because warren buffett keeps cash all most all the time.

[@vinothneelakandan4427]

Hi sir, you are doing awesome, my humble suggestion from a fan..adding to all u do, I think you also need to tell them how much will be this corpus after inflation adjusted in 10yrs, 20yrs, 30yrs..that will give a vision with reality..

[@hAwdc]

We would need at least 50 Min show. It adds more depth

[@vinitaparihar7914]

I also have some doubts in my financial journey sir, I have also submitted the money matters form. Waiting for your response 🤞

[@RobertaKathy-rs3ks]

The way to end inflation is to end the counterfeiting. Money creation without product creation is inflation. Make investments to survive.

[@ABHISHEKTRIPATHI12]

Do compounding really works or is it just the NAV that increases/decreases?

[@NitinPal101]

Objectively it's just the increase in NAV value. But underlying assets that the MF hold is shares of companies which increase their worth overtime by doing ACTUAL work. So you being owning some part of it through MF also increase your net worth overtime. To understand how one is increasing the net worth we have different mathematical tools like CAGR, XIRR which uses compounding as the concept to come to the % number.

[@ABHISHEKTRIPATHI12]

@@NitinPal101 That means my assumption was right. It's just the NAV that increases. And it's just another way of telling people the definition of compounding. My second doubt is, Is our profit that we gain over time also remains invested or just our invested amount is the one that is invested?

[@drsaibabahealthytips5908]

@warikoo Every time you tells about investing money What is the tax when we are investing money like 40k per month in this episode How much tax we have to pay as per the investment said by you when we get 6 crore

[@seemagadiya-rh3sw]

Hello sir I m your new subscriber.... I would like to say that your all videos are knowledgeable.... Thanks a lot sir 🙏 For teaching us very well. Sir i humbly request to you please make a video on ETF...... Which ETF should we buy... When we can buy... when should we sell.... What are the drawbacks.... please sir

[@PrashanthAlli-qu3xf]

Sir my age is 30 and at the age of 29 I got selected in bank now my in hand salary is 42k and already I have 3 small cap mutual funds all together 3500 but still I'm not confident about my financial freedom & my bank provides me health insurance not to my parents so can u please guide how can I will become financially independent after 20 yrs by investing in mutual funds

[@parthdesai90s]

bekar job kar rahe ho bhai kuchh nahi ho sakta ap ka

[@Adup5724]

@@parthdesai90s Bhai dunia me bot types ki jobs hai. Koi na koi to krega unko. You cant say things like this to anyone. I hope you get some maturity.

[@toji-san2612]

Ankur sir can you please explain why you suggest Nifty 50 IMF instead of SENSEX 30 IMF for a large cap mutual fund investment?

[@yogant3833]

Because it's safer in many aspects

[@mdziaulhoquebhuiyan5974]

@warikoo, You're all videos for 20/30 years old people! Please suggest some financial planning for 40-year-olds also.

[@ambadikannoth8573]

@ankur . Prepayment of personal loan in sbi (paying extra emi and increase emi by 10%). Thts not possible i think. Pls can u clarify

[@LuckyS7522]

Sir, please make video for people who started investing late and are in their 40s with income under 1 lakh per month. How they can achieve financial freedom and early retirement? What strategy they should follow to build wealth. Thanks

[@shilpisoni4093]

Ekdum faltoo ..no consideration to inflation. Time pass kar raha hai Ankur

[@devpratap9228]

Right....

[@gowrinadkarni8997]

Is SIP calculation so linear If market is on lower side at the time of withdrawing the SIPeg at 7 yrs That time Valuation will not be what you calculated VALUE WILL BE LOWER Kindly clarify

[@mithunvlogdgu6044]

Make if a 28 yr boy earn 24k in hand how he make sip

[@sam999980]

Sir plz a video on health insurance and term plan...we have started SIP after your advice after lots of knowledge sharing by you.. So plz a make a video on term plan wid health insurance kaun c company ya kaun sa le

[@Mrsalendrainform]

Good informarmation for me ❤

[@joyjagannathdev3525]

Sir I want to invest 20k per month in sip which sip should I start...pls recommend me the funds...

[@thetallandhandsome]

@Warikoo Ankur bhai - thoda mid age i.e 35 yrs waale logon ka bhi ek 2-3 videos banaiye

[@amansahu7260]

Lesson: focus on the income levels

[@sanjibchakrabarty7834]

24:00

[@dhunumai1912]

Love from Assam sir❤❤❤❤❤❤

[@akkinapallijayashankar8538]

Make mutual fund series like money matters series it will help lot people those who want to invest in mutual fund... 😮😮😊😊

[@sumantamaji185]

Thanku 🙏

[@prabhatsaxena1804]

Hi Ankur, at 29:33 you have mentioned that the principal amount in the education loan is tax free under 80C 1.5 L limit. This is incorrect. Only home loan Principal amount (upto 1.5L) gets the benefit of Income tax under sec 80C. Please check again. Please correct me incase my understanding is wrong.

[@ramanareddy6027]

Dear Ankur Warikoo, I have noticed that you have not taken into account of Income Tax component in your videos that I have seen. Income tax if considered will alter the figures you have mentioned greatly. Agree with me?

[@Manjunath-tn8hm]

Video conference apak teaching etan accha he ki muje bi apase bath karane ka tamman ho raha he❤️😅

[@akashsharma1134]

Why not get MBA via the organisation

[@pa-oneghumare6908]

Money matters title is missing

[@sudharshansingh5818]

Hi Ankur, by watching your videos over a period of time, I have learnt a lot but at the time of investing I am having a lot of confusion like where and on which platform to invest ,To be precise I am confused on investing in mutual funds or Capital guaranteed scheme like policy bazar. Aditya Birla capital guaranteed scheme where I have to invest 9000 per month for 10 years and wait for 10 more years to get a corpus of 2.30 crores Please help me buy replying or making a video related to capital guaranteed scheme policy bazar Thank you in Advance Ankur ❤

[@MoniGoswami-me9gn]

Pls. Make episode of house maker in the age range of 45 to 55 age group.

[@Min_MT]

Those who earn 50K and above doesn't need much of your need. Please bring more people who earns less than 50k a month. Like 15k, 25k, 30k... a month. They need proper guidance.

[@amarjitjena111]

Sir I filled this form up to 3 times but i never select yet. I need your help sir. Please select my form

[@cclasherr8108]

how to do to achieve short term targets like for in the time range of 1-3 years?

[@Adup5724]

Depends on your target. And 3 years, is very short time for you to get gains on any investment. And are you thinking of buying car?

[@sumitnihalani6100]

Is it possible to have 2467 pf amount against 112000 in hand salary ?

[@Sibananda_8144]

bro same , i am also from keonjhar

[@slowdown146]

Sir, 1.2 lakhs me 70k SIP me dalna riski ho jayga...plz suggest some SGB, LIQUID FUND ,debt fund, also.

[@internationalgeographic85]

I am your biggest fan and i am in need

[@amayraeqbal9764]

Sir hamara home loan chl rha jo pichle 5 saal se chl rha aur avi 149 months bche hue hain ...pr ab hm dusri property lena chahte hain wo v home loan pe..to mai pehli loan ko 5 saal me khtm kaise kru??koi other Income source nhi hai aur savings v nhi hai na hi koi investment...emi 29000 chl rha aur monthly 93000 hai....plzzz guide me

[@PREETSONIMM]

Sir health insurance plans pe video upload karen kaun sa best hota hai

[@swapnildubey7085]

Wondering why does he want to do an executive MBA if he is already earning 1.12L per year. He will already earn more than how much he will invest plus an year of time unless he does it from top IIM.

[@Buy_YT_Views_721]

you should post more videos a day

[@Cricket24_Nepal]

Sir jii,aap ke paas money knowledge kese hai,kaha se.plz bata do

[@sakshijaiswal3918]

I think u should cover other professionals as well...with minimum sallry 20-30k

[@LaxmipriyaPadhi-re9zd]

Sir 1 crore ka lungsump investment and 2 lakhs ka sip for 10 years after 10 years kitna returns milega batao sir please please please

[@hastichordia3957]

For his marriage n expenses would increase . Children n school. for MBA ??

[@fojinagra5501]

Thank you thank you thank you jasbir Singh Italy

[@sumandebbarma9082]

Hello can I get some suggestions on the topic of debt management plan for loan

[@vanshpatel7806]

Any one if you know about how to be market menegment plz help me❤

[@sudhukhabar2862]

1.12 lak in hand salary and pf deduction 2467?

[@HIMANSHUCHHAPERWAL]

Sir I am 19 year old I am a college student what I do now ? For income...

[@hemanth9982]

Sir how to invest in long time in sip I don’t find in Groww app as it is limited just up to 5 yrs please answer it

[@biplabnstv7333]

Sir, Mutual fund main Capital Gains Tax kya hota hai ?? Please help me.....

[@dibakr21]

Mutual fund redemption par jo profit hota hai usse capital gains tax bolte hai. 2 type ke hote hai. STCG(short term capital gains)& LTCG(long term capital gains). STCG - jo 1 saal ke andhar redeem hote hai unhe bolte hai. LTCG - jo 1 saal ke baad redeem hote hai unhe bolte hai. And LTCG mey pehla 1 lakh profit pr tax nei lagta. (Example - MF redemption pr 1.5 lakh ka profit hua, usme pehla 1 lakh pr tax nei lagega, but remaining 50000 par tax lagega.

[@sabyasachiacharya9920]

Sir I am investing 5k in mf and splitted it in different funds. I have taken a large cap a small cap a flexicap a balanced advantage and a large mid cap. Should I calculate the return rate in average of 13 to 14 percent ?

[@Anurag-ek7td]

How to saving money for student any suitable way to save money

[@Adup5724]

Students dont earn, how will they save? If they do some part time. Same concept applies to them too

[@bionachettiar7949]

You say SIP se itna milega, what about the taxes?

[@Sustainablitytrainer-777]

Sor how to connect with you

[@manjeetprajapati6931]

salar = 4k So will the 50-30-20 rule apply here too?

[@ETIKALATHIRUMALESH]

How to connect with you Ankur sir

[@user-xt1wb3uq7k]

Hi sir. I have been filling the form to be a part of your series but unfortunately you didn't take my form granted 😔

[@govindarajuluvj3093]

Bro I need your help in investing... I am running a grocery kirana store .. how to manage my funds and invest

[@Ayushshah]

Hum first hum first

[@4x4Gore_s_VLOGzoo]

Isko 1 lac kaun dera hai 😂

[@sourabhchandrakar8003]

Not discussed about tax deduction

[@kunalwaikar0414]

3500 se 5000 ki SIP mujhe sach me karorpati karne me help karegi kya? investment horizon is 18-20 years

[@krishnamvandejagadguru6991]

I have car loan of 6.41 lakh still I have 5 year to repay, my take home is 49000, 13366 for loan and for medice 5000 for parents and for home it take 12000, house rent 10000 and I don't how other money going from my hand in our house total for 5 members please let me know how I can get rid of loan I don't have any other income plz suggest me any thing for me

[@pratiksolanki6200]

Hii, i am a student and i want to buy a bike worth of 1.5 lakhs on road price, also I am beginner in stock investment, and i decided to buy This bike in one year, so suggest me something what possibility i can do??

[@rishikantagrawal]

Sir kis mutual fund mai kaise invest kare

[@prasadgawande7231]

Ye nahi batayenge 😂😂

[@AyushKumar-mq7ss]

Why i watch money matter episode- To manage finance ❌️ How life will become if fall in personal loan trap ✅️ Takeaway / my learning - kam khaunga but loan nhi lunga 😂😂

[@vishiarora2]

Sir plz plz plz I ll b very great full of u I have a property uske upar 35 laks ka loan h and iski emi jaati hai 32000 Meri building ki value aaj around 1.28 cr hai pl suggest me sir .

[@shaileshprajapati9102]

Sir i have Query about mutual fund my father invested almost 2 lakh in regular mutual fund now I want to invest these money in to direct mutual fund. Could you please suggest how I change from regular to direct. I withdraw all money and invest or switch monthly regular to direct

[@ONEBAD27]

Warikoo sir make videos 📸 on gold vs digital 🪙 gold 😊😊❤❤

[@lalitkumarsingh6659]

Salary 10k inspite of that watching till end 😅😅

[@Vishnu-rv7zp]

There is nothing wrong in that. Abhi 10k hai to hamesha nhi rehne wale. Sahi shi manage kar money ko or tu bhi 40-50yrs tak kay age tak 1cr to kama he lega

[@RamShyam22]

You can plan accordingly and eventually salary will increase

[@Aditya_Singh_Shakya]

Sir I am going to submit the form 4th time. Please do consider. I really need some guidance.

[@vaibhav1776]

Ankur thinks lakkhhhh is greater than crore

[@rinkunayak12087]

Hello bro me bi odisha ka keonjhar se hu