From Paying EMIs to ₹ 90,000 Passive Income

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Raman's journey has been filled with ups and downs, from his challenging childhood to his career in banking. He was in a debt trap for years but eventually found his way to financial success. Today, he has achieved a passive income of Rs. 90,000 and is very close to reaching his FIRE (Financial Independence, Retire Early) target.
Raman's LinkedIn: / ramanpushkar
Wint Wealth: www.wintwealth...

[@WintWealthYT]

Fill this form to be featured on Wint Wealth: forms.gle/iuUgM7fyGTfUUiVE9

[@amitr4385]

@@WintWealthYT lazy to do own research ?

[@KolkataRefreshments]

😊​@@amitr4385

[@Lifesgood-g6u]

By looking at this interview few things to summarise : 1. He made constant move in his jobs to increase his salary base from 9k to 30k , and then 60k to 1 lac etc.( might be specific skill sets he learnt or had right network) 2. Parked investments under parents, spouse and children, plus HUF to reduce tax liability 3. He further purchased plot instead of taking housing loan and built independent house in early stages of 2013 4. He purchased a flat with maximum full payment to get best bargain and leveraged partial loan for additional tax benefits 5. He invested heavily ~40% of his portfolio into FD / CFD / Debentures with monthly interest payout basically one crore fetching 85-90k INR 6. He mentioned that he follows frugal life with expenses hovering ~50k , so leftover of 40k he is putting back in MF s and other instruments Overall gist is he has property, monthly returns and plus he does side hustle !

[@superfitcs4005]

You came back again , 2 With a newly created profile to back up your self ? This is the 4 th one let me list out a few : 1. @user-yl5in7wy2i 2. @PavithS-hr3hv 3. @Investguru123 4. @@Lifesgood-gou - that too joined one day ago with only 1 comment . Pls do a better job of damage control Raman.

[@superfitcs4005]

Bro why you coming with fake id , your previous old fake id and this has many thing in common all same number of likes , created few days ago , same verbal pattern . Raman’ damage control fake ids : 1. @user-y5in7wy2i 2. @PavithS-hr3hy. 3. @lnvestguru123 4. @Lifesgood-gou

[@kamalakaryahoo395]

point 5, which Bank FD in India gives almost 10.8% return. Public Sec Bank? Post tax, there will be atleast 30% deduction. This earning appears incorrect.

[@benefactortomillions2223]

I really appreciate the way you summarise.. still I m wondering how he did he manage this funds with the span of 10 years.... Hats-off to him 😊

[@adityamishra3001]

​@@kamalakaryahoo395bro he said he is making fd in his family members account and huf

[@kishorejohn861]

Hello Team, an observation and a request. the participants are always common in all of your videos, they are always either vice president, or ceo of a company or a founder of a company. Please come down to normal guys who earns 25-30L and how they enhanced their financial life.

[@rohan_pradhan]

Normal guys are 3-5 L not 25-30 L

[@amitr4385]

@@kishorejohn861 ur name can't be real just like ur comment of normal guys earning 25 to 30 lacs

[@kishorejohn861]

@@amitr4385😂 the point is, requesting the channel to interview people from all levels. I still wonder why are u so much interested in the authenticity of my name

[@universalinformation572]

​@@kishorejohn8611.8L in hand is around 30LPA only. Don't get fooled by roles like VP. In banks these are very common

[@abrahammathew8658]

I agree with @kishorejohn . Please make videos sharing experience of an average guy

[@Bhuv-]

This is the type of a guy I want to see. He is an everyday guy and seems similar to me. Thanks Wint for not getting some arm-chair fin-fluencer/Economist/VC. Also people 55+ are also a big no-no.

[@KUCH_BHI_747]

Super

[@sebastiantm4898]

Great man... He explained everything frankly and honestly.. So supportive for FIRE beginners ... Greetings to Mr. Raman and Wint ...Great job interviewing him

[@GuruRaghavendragowda]

Raman, I just watched the video, the perseverance, hard work and sacrifice is what personifies and to be what you are today. It’s not easy to make a decision to move away from the comfort of being with your family back in hubli and to travel all the way to Bangalore, where you had no friends and family and to be able to put through everything to achieve what you have accomplished today. Happy to see you grow.

[@hims_world]

First almost realistic video of a salaried individual. Thank you Wint.

[@shilpamurthy8105]

Interesting talk and very realistic & humble journey. He managed to save a huge corpus while managing debt and its a lesson for most of us middle class on how to not panic when stuck in loans and with a single minded focus to close loans 😅 I agree with his outlook to lead a simple life, it does not cost much and also a possibility that he might settle down in Hubli which is a Tier 2 city in KA. Only thing I disagree is having a good health insurance for family. Very impt esp after Covid as medi-care has sky rocketed like every other thing! Kudos to him and Wint wealth for brining a very realistic story and easily achievable target.

[@vedantsheth13]

Beautiful life lessons learnt.. Work for happiness and peace. You should be grateful if you could get 2 meals a day at peace. Wonderful. And totally agreed with the gentleman's thoughts..

[@duraipandi264]

real time journey many say 10cr and 20 Cr , not sure whether they tell truth or just blabbering , this one is very good and real time experience 👍

[@fortuneltd3591]

If a person is living and working in the top metro cities especially Mumbai, Bangalore, 10cr isn't a lot as it's already the richest cities and then you pick interviews with financially responsible smart people so it all adds up

[@duraipandi264]

@@fortuneltd3591 agree . exception are always there , not all people living and working in top metro cities earn in crore . considering expense in richest cities saving 10Cr or 20 Cr is still lot. this one looks like real time experience to me.

[@nageshh6013]

I liked this PC he is very frank about his starting salary Many ppl in financial freedom talks starting salary from 10 lacs But here its very clear

[@Nectar1-w1b]

One of the insightful session, quite valid point on Insurance. I have faced similar issue on insurance and rather started directly investing on MF to leverage for future

[@VikashKumar-vp7zv]

I was there at Ness Technologies for an year. Very good Company, people with Manners. I still miss that co.

[@shalabhpareek]

Not up to the standards of wint wealth . 1. So much missing information. 2. Things don’t not add up . Looks like he inherited parental money from 2020 to 2024 and forgot to mention that or may be the down payment of house was done by parents . 3. Even the expense sheet shown is incorrect. No car insurance, Netflix monthly expenses is 200 , frequency is 12 still yearly expenses are 200 .

[@rohanb2711]

Bro don't forget that insurance crap!

[@PetronasBoyy]

The expense sheet was hypothetical. Not his ig

[@logeshkumar8333]

dude, isnt it getting the gist of his perspective the goal? why do you need to know his balance sheet?

[@WintWealthYT]

Feedback noted, we will definitely keep this in mind. To add on a couple of points you mentioned: - Since 2011-2012 he was saving and investing along with paying off his loans. So when it cam to paying the downpayment he already had some money saved. - The expense sheet shown in the video is not his own, it's just a mock up. Please consider the aspects which he mentions in the video and not the sheet. Hope this clarifies some things.

[@akhilbabu2315]

Bt until 2018 his earnings was 1.8 LPM. We couldn't relate to the kind of wealth he is having now. 😢

[@snehak8760]

Awesome Raman👌 Good to see you😊

[@aadityasharma6855]

You must have a good salary to create good corpus for your investments.

[@iamatrooper98835]

Excellent advise towards the end!

[@dr.akashsatapathy9422]

Real Estate debt and others were paid off by 2020. There on he was not in debt. But by that time he had a good chunk of his corpus into real estate . May also have inherited parental property. Lucky and Smart either way!!

[@Bookboy-ud2gp]

Excellent 👌 Honest Story. Reasonable and True. Post something like this 🎉

[@seenuz1]

Awesome bro the ending of this video will make lots of sence... good and practical advice..👌

[@utube-user-9792]

15:56 - 17:28 👍. Nice interview and good luck to Raman .

[@PratikAsher]

Good to see your growth Raman 😊

[@eriol_h]

Hey wint wealth, wonderful episode and kudos to this guy for handling loans and emerging out as a millionaire. Can you do a detailed episode on HUF?

[@diazwelling]

Too many missing information in this interview. How did he earn 2.4 Cr in 4 years. You should be able to save 5 Lakhs per month to do it. How can he get passive income from F.D?

[@WintWealthYT]

He has been investing since 2011-12 alongside paying his EMIs. This has been shown in the split of his expenses. :)

[@Suryansh252]

@@WintWealthYT Ahh so he didn't follow the classical advice of clearing out all your loans first, different strokes for different folks I guess

[@diazwelling]

@@WintWealthYT then what about real estate property he bought in 2020 for 60L with his savings (70-80% is still 45L) He said he is debt free only in 2020. I'm surprised he could save 45L on the same year of debt free.

[@Soundar-15234]

You are jumping on half baked things ,you didn't see he said from 2013 he started saving money and post 2020 he became debt free. His salary was 1.6 Lacs in 2015 what that would be in 2024 after changing 1-2 jobs.

[@maheshg7890]

​​​​@@diazwelling@WintWealthYT exact same question I want to know

[@abhishekpawar921]

Amazing advice and interview

[@savariraj3372]

Super sir. Thanks

[@nnmondal1991]

Great man.last 2 minutes where I impressed…

[@Sandhya_k.v]

This FEELS SO REAL 😊😊😊

[@suryaSaimanisetty]

I believe Insurance part is not right for what he said. Last year, i paid 90k premium for my father and got cashless claim of 11Lakhs!. Always go for health insurance guys!

[@akshitagupta3721]

Real life, real challenges and real solutions. Thank you for an amazing episode

[@Rajnarayan5555]

Great going Raman, having see you from college days this is quite a phenomenal journey ! Best wishes mate .

[@Manjunathrao-p5k]

Hey Raman, good to see your interview, really felt nice to see our friend and advise on such important things, really nice to hear your story on how you went from rags to riches, we all have the same kind of story but it’s you who really made there, proud of you, hope to see more of such interviews 👍👍 16:38

[@ayushvarma9657]

He seems to have learnt a lot throughout all of the situation, Raman definitely is super realistic and a wise person!

[@rakeshmg4997]

Amazing...

[@dhrumitkumarpatel8855]

Nice

[@arpitbatri1419]

Wint Wealth: Make the video short! Under 20 Mins. Editor: Yes!

[@pb25193]

Jinka lightbulb slow hai unke liye ek message: Yes he had debt until 2020 but he did have other savings while he was holding the debt. Zero pe nahi baitha tha. He bought a couple of houses in some village during this period. So when his debt was paid off, he was already sitting on 1cr ish. Uske baad 4 years mein 1.4 add hua - some of this is his savings (maybe 2 lac monthly) - rest of it is capital growth

[@keyurpatel1982]

It is not a question of light bulb slow. His debt was a miniscule percent of his total assets. He is trying to project as though he went from 35 lakh debt to 2.4 crores which means he paid off the debt, started from zero and went to 2.4 crores. Which is not the case. If he has been investing for 14 years then 2.4 crores is not a big amount and the debt is irrelevant.

[@pb25193]

@@keyurpatel1982 actually it is a good example of success by investing while carrying debt. I know some people already know everything but for some people it may be new information

[@Samidhachauhan]

1:56 I attended Sirs session at IIT-M, I can relate his journey and quite valuable inputs 17:01 ❤

[@vanithamurugesan3046]

Wonderful!!!

[@shrinidhig3672]

U ended it on a good note. Loved it ❤ Two points I do not agree with you on 1> Not having a life and health insurance 2> A corpus of just 3Cr to life the retirement life that too in a metro city. I guess it should be somewhere around 7-10 Cr

[@user-yl5in7wy2i]

Health insurance is a just enabler to make yourself feel safe that you have support mechanisms in case of any chronic diseases. If someone follows a healthy lifestyle from early stages and also has back up created through different instruments should suffice. End of the day even insurance companies going to invest back in the market instruments and if you cumulate the premiums paid for whole life will almost match the investments you could also have made and plus ROI. If you compare the metro cities, still Chennai cost of living is lower and plus he is on Barista FIRE, where he will make money. Most critical point is living with minimalism I suppose once his kids reach certain age, he should be in good books with 2 properties under his kitty.

[@kishanbsh]

Glad to see people openly discussing their financial status to educate others.. keep up the good work 😊

[@UmeshPariyar-t7m]

*Great video! I really do have a question. For someone with less than $10,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What’s your take on this approach?*

[@UmeshPariyar-t7m]

This is not the first time have been hearing of this woman and her exploit in the trading world but have no idea on how to reach her>

[@larrygate-c4r]

YES!!! That's exactly her name (Judy Arianna) so many people have recommended highly about her and am just starting with her from Brisbane Australia????

[@AdanSameer-i2u]

So nice to see Mrs. Judy Arianna talked about here, her good works are speaking already, and like wide fire she's spreading.

[@Peteryuuu]

This is really helpful for my situation, do you know how much is ok for a start, how can i get to her please........🙏

[@CikaBeki]

I was skeptical at first till i decided to try. it's huge awesome. i can't say much

[@pkannan168]

Good information Well explained

[@kirstenferrao]

Amazing journey

[@dazaaqua09]

i like the 10:28 !

[@parthi15]

Some of this thought process are right especially health insurance. Only Cash saves during health emergency. No insurance can match that.

[@AbhishekJain1992]

WHy don't you educate people around clubbing of income? He just said he is booking FD unders his children and wife's name to save taxes!

[@gopinath_ravi]

Yup..the interviewer dint intervened when he told abt this great idea! Bad one from wint wealth. Standard is going down :(

[@lakshmitejas1685]

You can pay salary to your wife and children. Then invest in their account

[@AbhishekJain1992]

@@lakshmitejas1685 that is also not straight forward - you said salary for that you need to have a business. You have business, you file ITR3, your wife and kids also file ITR3 if it is professional income and not salary. Kids should be 18+ else their business/professional income is your income.

[@padmakumar3803]

The key point is, even though he is having debt, he was investing well, that become fruitful on the future

[@SD_003]

11:00 - I am going midway. Have done a medical insurance which is not very expensive(care+) but I have a separate SIP as well running for exactly the scenario the guest mentioned 🙂 Pretty down-to-earth person. I agree with him just because we are in tier-1 city doesn’t mean we need million $$. 3-5cr is good amount for someone having a frugal lifestyle(70-80k monthly expenses today) & a loan-free home

[@millennialmind9507]

70K expense is too much in a non metro buddy

[@SD_003]

@@millennialmind9507 talking of tier-1 cities here(Mumbai/Bangalore kinds)

[@vinayakjoshi5029]

Fantastic

[@prolongtrader7874]

8:33 do simple math he probably had 1cr in fds if he get at least 7-8% interest that's around 60-65k passive income , and another 20-30k from egold and mutual fund maybe , best part of the whole video is here 16:29

[@charanreddy730]

Great sir helpfull information ❤

[@sundarvennimalai1104]

Good one..i can clearly see the passion and genuinely he answerd all the questions..

[@SudharsanVaradarajan]

Nice episode 👍🏻

[@mksanth87]

Mistry's story until 2020 involved dealing with debt and earning a 1.3 lakh salary after marriage in a metro city. Given these circumstances, it seems highly challenging to save 2.5 crores in six years, generate a passive income of 1 lakh, and also purchase a 50 lakh property with a 10 lakh downpayment.

[@deve1212]

Goos one. First is health.

[@oldsmokediaries4871]

Realistic content matching many.

[@pankajkk02]

Great insights. I alwasy wonder if 25 times of annual expense is sufficent for very early retirement. What's the fire multiple to target for someone who wishes to retire at 40 assuming 85 life expectancy.

[@tejeshkumar9703]

Great point - Peaceful 2 or 3 meals per day must be there.

[@vdhanasekaran9387]

Really final advice is very nice

[@DrKallalPramanik]

Truly inspiring and magical journey. One point I could have missed: is the mentioned real estate for consumption only or can it have rental income? Also, Raman mentioned debentures as a source of passive income, but I don't see that component in the net worth split.

[@CA_SmitKalaria]

Again from the IT field but thank god he is like a day to day guy and most of us can relate to him

[@paulj625]

Someone i can relate myself to... A common man in his early life

[@kvmanikandan]

Wow, what an interview....1st time felt someone spoke open in social media ....well done

[@lakshmitejas1685]

He can be booked for tax fraud. He has to pay tax if he is investing in other family members account with lower tax rates

[@AnamikaMitra205]

Amazing Journey 👏👏 Really liked the podcast 🎉 Genuine Person

[@WintWealthYT]

Glad you enjoyed it!

[@alishop7389]

This is now what most of us can relate to.

[@darsheetvora]

Wonderful guy

[@MungfaliK]

This is one of the nice interview, thanks for your advice Raman.

[@devalsavla4966]

Great video

[@BharatSecurityWatch]

He said a corpus of ₹2.5CR of which 30-40% is in RE. Assuming the original investment value (1L+50L+60L=1.11CR), this is excess of 40%! Assuming (per his own valuation) current market prices (20L+50L+90L=1.6CR), thats close to ~65% of 2.5CR. Just doesn't add up!

[@WintWealthYT]

He hasn't included one of the properties in his networth because that is his primary residence

[@AnitaDevi-ry6qf]

FD made passive income? Then i also make 4 lakh per month passive income

[@AnitaDevi-ry6qf]

@@user-fg1bz4di2c Haha. I am not that dumb to put it in FD. I was talking about stocks and Real estate investment. I don't feel return from FD can be counted as passive. Its not even beating the inflation. If u keep counting FD income as passive income then good luck as 20 years down the line there will be nothing left in FD corpus. Maybe you can have a kid birthday party with that at that time

[@aashishsharma9106]

Finally a good candidate interview. Please ask them more about their careers as well. Regarding their education and skills which they acquired/ they wished to acquire which helped them/ would make it easier for them

[@PapaSierraGolf]

Hubli people by default have a nice salt pepper look.

[@syedqurban1729]

I would say he allocated 56% in FD

[@mydreams8092]

This is a good story on how not to manage Financials. Credit cards, Fixed deposits, savings account. Salary has also been average given the current times. Might have been lucky to get some inheritance. Doesn't look like FIRE story through wise investments or high earnings.

[@mahadeoaurange7857]

Nice one

[@abhiksark]

His story doesn't look coherent, so from 2020 to 2024 he made 2.4Cr

[@arunsadanandabhat8518]

exactly all these people are retiring on mutual funds and real estate rents and this guy claims boldly he has "passive income" from FD's 🤣

[@WintWealthYT]

He has been investing since 2011-12 alongside paying his EMIs. This has been shown in the split of his expenses. Hope this clears it. :)

[@PavithS-hr3hv]

@@arunsadanandabhat8518 if you can't do it doesn't mean others can't do it 😂 burnol

[@amitsuju]

@@WintWealthYThe went debt free in 2020 so definitely means he did not have too much money around that time, probably 10-15 lac more in savings so from there to 2 cr even in 4 years. Either he did something in between which was not disclosed or was not legal enough to disclose.

[@AmitKumar-or5ob]

Exactly, Being Debt Free to 2.5 Cr. This story doesn't fits well.

[@duderocks6483]

He has that Virat Kohli look and vibe

[@foodiography]

wint wealth one suggestion why you travel around tier 2 and tier 3 cities and interview normal people or local buisness or anyone having normal job or normal position in companies check their views about FIRE it. would be interesting obviously if you interview high profile personal it will be easy for them but fascinating will be if a person living and still living in tier 2 and 3 cities and become FIRE

[@cbazxy2697]

They don't find guests, guests find them and ask to be interviewed. To find guests the guests needs to have social presence about his wealth or achievements. Where do you find this is tier 2 or 3 cities

[@foodiography]

@@cbazxy2697 that is the thing they are wealth management company they have all data and nowadays it's easy to find or incase they can travel to those cities like I am from Jamshedpur here people are living like standard the people living in Bangalore or say pune I know there are people who had achieved FIRE leaving and working here even in Bhubaneswar alos

[@naveennaravala1707]

Yeah, wint wealth pls do.. coming to tier2 or tier3 cities you know mostly people bet on Real estate which will grow multi folds..I have my uncle with close 5 CR in real estate only and does 15k job in a home town temple.

[@foodiography]

@@naveennaravala1707 even I know a person had made a good mutual fund portfolio by working in a BPO in tier 2 city

[@tanushadithiya7136]

Salary is also chakravyuh only was ignored like a champ 😂

[@LifeVenture011]

That actual a real journey which take time and investment plan,Wint Wealth also come up with that' 👍👍

[@bibsbro77]

Was able to relate to most of what was discussed here ..

[@sunitag9284]

Missing year stamps... Very vague journey.. Please do improve it

[@PratikRamanuj]

Please cover normal people who had been or are some Government/ Salaried employees having income like 10 to 20 lac per annum or likewise in past and have achieved financial freedom or have accumulated substantial amount of corpus😊. The people I have been watching in your videos are already rich😅😅

[@Amitnehra813]

Looking at comments feels like some of them are not looking at purpose and objective of what the interview was meant for and how they can leverage rather than that they are picking 5 rupees tea, 500 rupees uncles loan, excel spear sheet of Netflix doesn’t add up, etc. These people are picking granular pieces. Either they have not achieved what this guy has achieved or they are too envious on someone’s growth .

[@superfitcs4005]

lol. I like how this comment which was meant to support this video actually ended up highlighting what’s exactly wrong here . Thanks again for typing the things that don’t add up😊

[@vinodmedappa9853]

A well said statement at last!!

[@Being-critical]

Me second....btw wint podcast are good

[@devalsavla4966]

i am second

[@thelayman6189]

Truth is all supermarkets in my metropolis sell at much cheaper prices, which my local sabzi mandi cannot match.

[@eriol_h]

Where do you live ? Timbaktoo??

[@thelayman6189]

@@eriol_h in a country of retail giants !! Timbaktoo may not have supermarkets ...

[@MutualfundsahiHainbutkaunsa]

2.5 cr invested in icici pru regular savings fund, parag parikh conservative hybrid fund. You can get 25 lakh yearly

[@omkarshinde420]

in my case my father went through heart angioplasty on 16 July 24 . His heart had 3 blockages and needed 3 stents to be placed in the arteries. Although it was free in some maharshtra government schemes, i went with private cashless hospital because in government scheme stent was without drug eluated stent. Hence private hospital bill was 2.5Lac and i paid 0 rupees and i was so relaxed during all this process. Health insurance company is Niva bupa Reassure 2.0. I had paid almost 1.2Lac since 4 years for my father mother combined in health insurance. So in my experience health insurance is safer bet.

[@ApulicaOfficial]

whatta guy

[@thelayman6189]

Good interview. But 1.6 CR out of his total corpus 2.5 cr is already 64% of his corpus in real estate - But he said 30-40% in real estate ... Somehow things always don't match well in these videos.

[@WintWealthYT]

He excluded one of the properties mentioned from his networth because that is his primary residence at the moment.

[@thelayman6189]

@@WintWealthYT Thanks for the clarity.. incidentally that is his biggest chunk he has in Real Estate . And the interview was about Networth , Networth would include everything including his primary residence .. There is a reason for raising this question. As you can see once the Rent OR Emi is not a worry, then 2.5 Cr is infact a substantial corpus - If not, His calculations will be Haywire ... This case itself is a classic example ... After your clarification, the Passive income of 90,000/- pm is actually very achievable with safe FDs itself , which he has done , remarkably well .. Thanks !!

[@user-vw6ts1bk4z]

how can he count FD as passive income?? it is sitting in bank unless you cash it out.

[@thandermax]

What I did not get is, on 21 lakh FD at max @8% return how he generates 70k monthly interest? It should be max 15k per month 😢

[@KUNDANSABLE1]

good to get first comment

[@devalsavla4966]

Congrats!

[@AbdulHalimSiddique]

There is concept called clubbing of Income in Income Tax ...U cannot reduce tax by make investment in relative name or trf fund to them to make investment in their own name...In case u do it, the Income generated from that transferred Amount / Assets will be clubbed/added in Donor / Transferror Income...Tax planning is not that easy anymore...revisit ur CA friend who has suggest this mechanism

[@mohithkalyan]

so, he has 1.2 cr in FD (assuming 7% return) and 20-30k passive income in debentures. wowww

[@sanrock21]

I want to ask one question if you are investing in FD and the returns are taxed so how will you manage this you have so many FD which keep on maturing, is there a way to avoid tax.😃 I know its not there, but like if you sell property and you have to pay tax for selling. but if you but a land/house/build house from that amount then you need not pay tax on that selling amount.. so something like this there for FD's

[@prabhakar3725]

Something is not correct with data that showing here