Living on a 1.25 Crores Package in India | Fix your Finance Ep. 25

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Hello guys, welcome to another episode of Fix your Finance. In today's episode, we meet Shyamali and Prashant, two software developers who met in IIT Bombay.
Today, we talk about:
Their income and expenses
Maximising the benefits of ESOPs
The importance of a term insurance
Planning for buying a house
Planning for an early retirement (FIRE)
Enjoy :)
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#fixyourfinance #personalfinance #moneymanagement
Disclaimer: Neither the guest nor I am a SEBI registered investment advisor. Information shared is only for educational purposes and not investment advice.
Music licensed by Epidemic Music

[@potbot887]

Not having parents dependent on them, having a home already before buying another, not having siblings to take care of (financially), being smart/guided enough to study hard when it was the right time (JEE), having a partner which loves you and also support you in all terms ; These guys hit a jackpot in a lot of key areas for a good life.

[@prateekupadhya4875]

They did not do btech from IIT Bombay. They did their mtech from IIT bombay. Gate is relatively easier than jee, but nevertheless, they have really achieved very well financially so kudos to both of them.

[@bholebabaparkarega2507]

To all aspiring millionaires, you do not need to be software engineer from IIT to earn 50l PA, but it certainly helps. I am a 2nd grade B Com grad from Kolkata and I earn almost 60l PA. And my expenses are around 60k PM. I save around 90% of my salary without even trying. Keep pushing and try to develop yourselves and your skills, studying will only take you thus far. Once you start working no one cares where you studies or how much you secured in your grad. But the struggle is real so keep going and push the boundaries. Be the best at what you do and DO NOT WASTE TIME.

[@gauravseworkspace]

I'm curious to learn ways to be like you! explain!!!!!! why is this comment so inprising????

[@anandparameswaran6032]

What's your job

[@roshanshah5075]

Bro, i am curious to know, what do you exactly do that enables you to make 60lpa???

[@aetoorisaiteja6338]

U need to make an episode with @Anshuman

[@Aksxit]

@@anandparameswaran6032 Business ? Maybe

[@Happysoul_3]

Even their parents aren't dependent on them, still they are thinking to buy home worth Rs1 cr for them. This a very humble gesture of selflessness.

[@iambeingsarcastic7116]

It's for them only in future

[@beloved2406]

​@@iambeingsarcastic7116 True

[@greatmentors391]

My brother in law is a dentist having private clinics in assam. He is around 36 years old. He owns a 1.5 crore flat and 1.3 crore bmw z4.

[@ekansh907]

Doctor to kamate hi h...specially smaller cities m

[@shanepaul1202]

Lots of jealous people in the comments. They can't really fathom how somebody is making more than them. Instead of being bitter, take this as a motivation to increase your income and grow. Commenting negative things on this video will not take your forward.

[@booksquotes948]

Studied in IIT for 2 years ? Mtech ????

[@gauravbansal148]

Why are so many comments negative and sarcastic? These guys worked hard to get to this level. We should be motivated from this.

[@mukulchakravarty9381]

True. But what can we say, grapes are sour for many.

[@lohumihem]

See the problem is with this type of videos is people who earn this much never watch youtube videos as they are putting effort somewhere else. This is a fairy tale for many as a huge percentage of employees graduates are job less. This video is more of likes than learning anything.

[@shivachittiprolu635]

It's not just fixing finance video, it's a motivational video too. Upskill, get placed in good companies, make big figures

[@asalpritamnayak]

Hi what courses do u suggest for a person who doesn't have any basic skills in computer or excel. Can I go-ahead with doing a Business and data analytics course, please help.

[@debrajsom]

Happy for them but crying in the corner 😭😭

[@mansipatidar3659]

hustle! work for your self! you dont need to be form iit or iim to earn way more then that. saying from personal experiance n looking at many examples around!

[@bha2686]

I understand this video may not be relatable to many. But why not look at it this way, it's a motivation to upskill and get into companies like Microsoft, Amazon or Google where such salaries are a reality. You wouldn't want to remain earning lower amounts forever, would you?

[@taurus50000]

Ur too naive if u thinking seeing these videos are gona motivate u lol.

[@bha2686]

@taurus50000 there are motivations available all around you brother. Can never discount any opportunity to learn from others. You call that being naive, but I say one must be optimistic.

[@siddharthsingh913]

@Bharat Darjipate agreed. They sky is the limit they say. The numbers I dream is achievabe which these videos are a proof of. This will motivate me to work harder.

[@adityasrivastava5795]

I work in Microsoft. No way anyone gets 6.8 lakhs after tax. I get 25% of that. Crazy numbers probably due to working in a startup

[@bha2686]

@@adityasrivastava5795 6.8 lacs is thr combines household income.

[@OishikSarkargplus]

1.25 Cr ke package mein Activa scooty and Volkswagen, man they're really down to earth people.

[@Heartclose24]

Bhai sahi Kiya. Depreciating items hai vehicles. Property and stocks best option hai. Issme sabse zyada investment karna chahiye.

[@TamonashPal]

Hmm bhai iss package mei to BMW Mercedes Audi ajega

[@avnisharma2244]

​@@Heartclose24 i agree

[@palashbawankar8218]

@@TamonashPal ha yaar at least car around 30 lakh

[@ekansh907]

​@@Heartclose24bewkof jaise baat mt bol yr...wo itna faltu expense kr rhe h shopping wagera m ...us logic se vehicles are 100 times better choice to invest in.

[@sourobhdas1235]

My wife and I earn a similar amount currently but our expenses are not even half of theirs. Guess we seriously need to upgrade our lifestyles. 😂

[@sarangsharma5346]

No you need to seriously enjoy what you save, it is never good to drain so much i think

[@arnavkhandekar166]

Bro what do you do for work and where are you working?

[@stanem8708]

@@arnavkhandekar166 i think he works as a senior product manager at Enparadigm Worked with him before at samsung did not ever think I'll spot him in the youtube comment section 😂

[@SKAMRANPASHA]

​@@stanem8708 So how much are you making in CTC

[@stanem8708]

@@SKAMRANPASHA somewhat similar

[@nayaksandeep2001]

Still trying to figure out what did Anshuman fix here 😅

[@Sayan_Biswas.]

🤣🤣 true... I think Bangalore is full of riches... Anshuman is not getting middle class people...

[@prathmeshsingh3912]

@@Sayan_Biswas. Middle class is so not kool. He's now trying to depress the middle class.

[@Mr.VAGlNA]

​@@Sayan_Biswas. this is still not rich since there are professionals like neurosurgeons making 30 lakhs per month.

[@Milan1262]

The reality is that atleast 60% of the IT work force will be asked to take VRS or get layed-off. So, please save enough for your future post 40 retirement plan.

[@professordumbledore369]

👌👌👌

[@sandipsahoo3975]

Yes, true 👍

[@shashwattripathi11]

Chutiye khud ki job lagi nahi toh dusro ko Gyan mat de

[@shashwattripathi11]

I know many people above age of 50 in IT. People like you will be fired who just want to sit and don't do any work. Just want stupid govt jobs and become a liability on this nation.

[@palanatisoumya]

Nightmare

[@sureshkumar-zo5sl]

My total income from last 12 yrs was totally 1.5cr ... After seeing this video felt 1cr is lyk 1lakh ... Earning 10lakh per month is the basic amount now a days

[@royshivam_3616]

What is your educational background

[@Akuma-kg6hg]

​@@royshivam_3616he won't tell because he's lying

[@abracadabra7550]

@@Akuma-kg6hg not lying dude 12 years 1 cr whats there to lie

[@Akuma-kg6hg]

@@abracadabra7550 i actually mistook his comment and replied by " 10 lakh per month " but now after reading it again i realised he was either actually making sarcasm or refering. And yeah I was not talking about 1 cr in 12 lakh

[@taurus50000]

Earning more than a crore and riding on an Activa. I love that passion for scooters

[@prathmeshsingh3912]

I somehow believe they started earning that much just a few months back. Prolly after they took home loan they switched and got this package.

[@josephpious8708]

Bangalore traffic😅

[@saurav6452]

Inhand is less 40 lakh per year per person ​@@prathmeshsingh3912

[@rachitsagar3576]

Arnt they living below the poverty line?

[@babyyoda3143]

Yes bro they should make a bpl and a rashan card . Will be good for feeding kids .

[@realavdhut]

@@babyyoda3143 denk

[@proplayers3051]

i am professional poker player i made 2.65 crore last year

[@babyyoda3143]

@@realavdhut yoinks thongs for appushitting my cument.

[@babyyoda3143]

@@zcromcel2038 but the only difference would be you would use drugs to get high ps. Just a joke.

[@Rn45634]

Upon hearing the interview, it appears like I need to fix my career first before finance

[@39madhurie]

So true 😂😂

[@arjakmitra]

Brilliant choice, but don't take any hefty decisions on just package, always try to understand yourself and what you do best.

[@prathmeshsingh3912]

Me wondering why they took home loan when their salary is 1.2 cr

[@jeevan554]

hmm , agree

[@abhii_6969]

@@prathmeshsingh3912 tax benefits

[@vijaysrinivasan6362]

As much as it sounds glamorous, it's important to maintain a fair amount of balance so they don't get caught with pretentious lifestyle. One down fall as we witness these days with the layoffs can upset this. The key is to build a safety net (healthy corpus) while continuing to enjoy the guilty pleasures. At the end sanity should prevail. Good luck to this couple for more prosperity!

[@monishsachdev]

I am feeling jealous from your comment hoping for downfall they can pay their home loan in 2 year and safe enough that your 7 to 10lakh p

[@SD_003]

And the Ritchie Riches are back on the show 👏🏻

[@itz_himanshugupta]

Won't be surprised if they would be having a dog named *Dollar* too. 😅😂

[@prathmeshsingh3912]

@@itz_himanshugupta i just saw the highlighted dollar first, and I was like why would they wear Dollar Underwear now 🤣 until i read complete sentence.

[@itz_himanshugupta]

@@prathmeshsingh3912 oops!😂😂

[@Thenobelfan]

Now 25 year olds are giving financial advice , at least we need folks who have been there done that

[@tusharpanda3528]

Haha

[@pradeepnayak3368]

That's social media for you.😅

[@akhere07]

Man they are earning more than or same like many people who are working in USA and Canada .. Its much much better to earn same or even half of 1.2crores in India than earning same amount in USA or Canada as rents and expenses are huge.. Anyways good for them.. But interesting to know what really they do that companies are paying so much in India now with only 5-6years experience like them.

[@aayush3681]

Do let me know too about what they do

[@dibyanshumishra3536]

Any top mnc pays 60-70lpa base+ 30-50stock/bonus for senior roles. Requirement is leetcode hard and great system design skills + decent work experience and projects. Telling from personal/aquaintance experience

[@awwush]

@@dibyanshumishra3536 great

[@jithindev9185]

Company should pay.. Actually those who go outside india with h1b and those who stay in India within same MNC are doing same job.

[@akhere07]

@Jithin Dev there is something known as living index of country.. which decides something also..

[@swapnilsaraf5076]

Thinking of retirement in 40's. Power of education and no liabilities. BTW, i would say that their shopping, home, vehicle expenses are kinda cute and very humble

[@TheArtOfWealthBuilding]

Insightful video ,I wish there was a excel calculation shown and live financial planning was done. I am a certified financial planner And can do all these calculations on excel (have also shared free calculators on my channel )

[@vishwas55]

Ask them how to get 1 crore salary...p.s i am also software engineer 😒

[@harshpatel105]

Learn

[@wajidshaik2687]

Pass from IIT

[@Megatron11474]

CTC hai bhai wo not LPA

[@soleil2816]

​@@wajidshaik2687 IIT ain't required for 1cr

[@aryashah1890]

@@Megatron11474 CTC hi 125k lpa hai

[@OMIIIIIIIIIII_]

IIT / IIM / ISB tags are massively helpful

[@arjakmitra]

Not necessarily, I am an IITDelhi, pass out. Not every field is as over compensating as few mentioned field. I am in manufacturing and I like my work. But I am well aware that my field may not able to award me that as mentioned in the video in next even 10 years and I am already almost more than 7 years experienced. But it's always the path you choose. Off course the good people in the video must be really passionate and talented to earn that much. I wish you best of luck and hope you reach your goals.

[@saurabhsharma5737]

​@@arjakmitra your salary will still be more than 50 lakhs pa

[@arjakmitra]

@@saurabhsharma5737 not even half, even less my friend. 😁 And it's not a bad thing, I already knew that the feild I want to persue may not be as rewarding in early days, its just the love for the game. Always remember, money is a byproduct.

[@jee5662]

@@arjakmitra which branch?

[@ruthvik8143]

@@arjakmitra which branch bro?

[@SkyLoreking]

Brother, you should try to interview a guy who makes 10cr per year. My opinion is that nobody should own a home until they have a considerable networth.thank you for the video

[@sumukhadn5060]

lol

[@hoppingman7445]

😂😂😂😂😂🤦‍♂️

[@aashnabakshi1996]

You are absolutely right.. My bf makes about half of that figure right now, but he has truly changed my perspective of owning a home too. We would love to buy a home but our dream home is wayyy out of budget rn(We are from Bombay, so property rates in posh localities are absolutely bonkers). So we have decided to save for at least the next 5 years, and only when we have more liquid savings that can fund the house, will we then buy a home. So yes, buy a home only when you have considerable net worth.

[@antonellabellucci]

@@aashnabakshi1996 what is your bf's age? and what's yours? and what he is doing I am just asking this bcz your boyfriend is very lucky to have you bcz this days not all women and girls are good at these types of things. I really like the way you are thinking for your future together

[@barkhasachdev8838]

​@@aashnabakshi1996 if you don't earn 5cr also your Gold digger gold luck on huge alimony😆

[@nitishasthana03]

Commendable job by the couple. Achieving so much with such meager resources.

[@MrSankalpsawant]

You should start asking nature of work they do? Their role? That will help your viewer who want to explore things and grow up both at financial and professional side

[@dibyanshumishra3536]

Software developers earn that at senior roles in most good companies. There are 100+ companies in india which pay that

[@MrSankalpsawant]

@@dibyanshumishra3536 I am in same field.. I know which company pay and how much. They are not at senior role they are just software and senior software engineer who started at CTC of 13 LPA then in 5 years how they are able to achieve almost 5x? What technologies they work on? What kind of work they do? Any new technologies they learn to achieve this growth? So. These kind of questions which helps other viewers.

[@dibyanshumishra3536]

@@MrSankalpsawant technologies are irrelevant. You have to work as sde. My friend who got promoted from sde1 to sde2 got his salary increased from 21lpa to 54lpa. Every promotion salary 2x’s. Fressher salary is 30lpa in these companies :)

[@AkashKumar-ts4iu]

This is 1 in 1 crore case . Also, gives the reason why layoffs are happening, .

[@siddhantshukla2687]

Itte mai to TCS 20 logo ko hire krleti XD

[@dibyanshumishra3536]

Correction 33

[@Ashish-cv6li]

I don't understand the point , why do the youth today want to retire early ? Don't they see any business owners who never retires. Either people are not enjoying what they do Or they feel that grass at other side is green (Post retirement) .

[@vinayakshrivastava948]

by early retirement, it does not mean that a person would stop working altogether rather it means that he is financially Independent and can work on his own terms with complete control over his time, retiring early with no work can even impact mental and physical health

[@shrin210]

Software Engineer after sometime becomes too boring and headache. Just earn too much early invest and then enjoy freedom for rest of your life or start some passion projects or start local business.

[@mukulchakravarty9381]

Or people just want to spend more time with family and friends. Is that wrong ?

[@Penaldogslayer]

@@vinayakshrivastava948 hey cumt.. What about death? Can you stop death? Any plans for keeping yourself alive for another 3000 years?

[@gauravraheja5101]

@@mukulchakravarty9381 True. In our jobs we are spending 10-12 hours everyday - leavning no room to spend with Family, Kids, Friends.

[@Kaustubbh]

Sir can you please make a podcast on fixing your finance with any Fresher CA and experienced CA

[@KN-il2zc]

50000 rs per month me kya finance fix hoga?

[@35mm_DREAM]

​@@KN-il2zc ca sirf 50k kamate hn ?

[@Itsokay12349]

​@@35mm_DREAMfresher ko itna hi milta h

[@SanjayGupta-je5rp]

Early retirement is a myth. In life you can’t plan like this. Stop investing in mutual funds, pre pay loans, help ur parents to buy that house.

[@VinodKharvi111]

Repaying the loans is good investment than MFund now a days.

[@TheNormalSqlGuy]

Stop investing in Mfs ?? Dude are you high on weeds ? Balance is must just like diversity

[@DENTT7]

1.25 cr daam if they played well investing game for sure they can make corpus of around 50-60 CR...

[@aayush3681]

Even greater than that

[@terrybatman]

@@aayush3681 sorry how can they make it 50-60 cr

[@aayush3681]

@@terrybatman assuming they only save 30% of what they earn for 20 years with an conservative 5% increase in earnings per annum for 20 years This money invested consistently for 20 years at a bare minimum 9.5% pa (assuming even investment increases by 5% every year in line with the investment) This leads to a corpus of 36Cr and they wouldn't be even 50 year old by then Let compounding kick in when thye would experience massive gains Now as to why 30% savings as they already fall into high income bracket, their basic needs are already taken of We haven't considered any huge windfall gains which would have the opportunity of earning considering they have such huge amounts and can risk a certain portion of it early in life

[@terrybatman]

@@aayush3681 hmm. Value of inr also depreciates though. So 50-60 Cr might be valued a lot less

[@aayush3681]

@@terrybatman yes considering inflation, inr 50 Cr would not fetch that great a value after 20 years what would it fetch today, but that being said we have only assumed a minor 5% increase in pay pa. Whereas while factoring inflation, we might consider 6% pa. to be bare minimum consdering India is a growing economy

[@9823625313]

They are earning so much money at a very young age and also they are planning it very nicely....they will be multimillionaire by Age 40

[@my_j.a.r.v.i.s.]

After watching this, Lagta hai 1 crore bhi Aaj ka zamane mein kuch bhi nhi hai.

[@thebrokemonk]

sahi mei bhai... yahi soochra tha mai Aur commerce background ka hu, job toh kabhi bhi 1 cr+ nhi hogi. Best thing to do is business, there are no limits

[@TamonashPal]

@@thebrokemonk bhai commerce ka hai mba kar iim se 2cr + job lag ti hai bhai

[@carlpei6570]

@@TamonashPal kon bola bhai 2cr ki job lagti hai.😂😂....avg 25-30 lpa ki job hai top iim mein

[@thebrokemonk]

@@TamonashPal Bhai tu 10vi puri krle apni... Na pata aand ka na bata gand ka, Gyan chodne nikle pure brahmaand ka

[@prathmeshsingh3912]

@@TamonashPal gine chune logo ki :) baaki ki job 10-20 LPA ki hi lagti hai. Baaki sab aapki mehnat, talent and company switch pe depend karega.

[@narayanansreenivasan2558]

More than the video, liking the discussions in chat.. various perspectives 👍

[@mukulchakravarty9381]

Most of them wreak of jealousy and descent.

[@thisisthebestid]

This guy is an insurance salesman!

[@DrKallalPramanik]

This couple is truly remarkable and serves as an inspiration to many. One noteworthy aspect is that Prashanth likely holds a significant amount of equity in this startup, which could potentially lead to a substantial financial upside, enabling them to purchase a house for their parents. However, it's worth considering the concern that their extraordinarily high salaries might eventually reach a point of stagnation unless they progress to executive positions (such as CXO roles). It is crucial for them to plan accordingly and anticipate potential challenges in their career growth.

[@kavyajeetbora2585]

i am 6 years exp and in my entire career i havent earned even 1 cr till date in total

[@arpan9985]

Is it fix your finance or is it "show off your finance" ??

[@arnavkhandekar166]

I felt the same

[@Priya-zp1qg]

💀😂💀

[@vikashbhuyan8955]

Ahh finally something I can definitely NOT relate to. 😇🙌

[@HarmanSingh-if2lj]

I think u many guys can’t relate because they will never achieve this status neither they want to. Earn more get more get FIRE EASILY. Take motivation from these people

[@rupanayak2625]

Why are they sharing this information? What is the benefit for them ?

[@prathmeshsingh3912]

They got chance to come on KZbin 😅

[@utkarshkulkarni7573]

Bro if they are earning this much then they should get a EV instead of taigun. It will save tax also.

[@chars_78]

Waste of time buying an EV if you want also want to go outside the city. Also Bengaluru doesn’t have EV charging points everywhere. And in Taigun’s above 4m segment the only EVs are XUV400 and MG Astor. Both are underwhelming options.

[@prathmeshsingh3912]

EV still has a long way to go to capture market. Need lots of investment all over highways.

[@sashankreddymandala9818]

HR: Your salary should be confidential. Don't reveal it to anyone People: makes a youtube video.

[@anandparameswaran6032]

HR does it so he/she doesn't have to pay everyone their due amount 😂

[@Lawrencekingsley01]

"To obtain financial freedom, one must be either a business owner, an investor, or both, generating passive income, particularly on a monthly basis." -- Robert Kiyosaki. I wasnt financial free until my 40’s and I’m still in my 40’s, bought my second house already,earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing is a grand choice I made..

[@sonlee8066]

I'm exploring different investment opportunities and would appreciate more insights on this matter

[@Lawrencekingsley01]

I recommend the services of Regina Louise Collaro, a US based financial advisor and consultant. She works with an international organization ,she has been very good to my financial journey as she is providing full & continues support till my financial goals are achieved.Finding a right financial consultant is as important as finding a right life partner, as they both play a make or break circumstances in your life. I am very happy that i have the right financial consultant, it has helped me in achieving my financial goals from education to nearly retirement.😊

[@sonlee8066]

I value your recommendations. It's challenging to locate a trustworthy person. I could really use your investment advisor after seeing how much money you've made through investing. If you don't mind revealing her information, that is

[@Lawrencekingsley01]

Regina Louise Collaro is based in the United States and can work with anybody no matter their location. If you would like more information on reaching her, you can conduct a search online.

[@markerpetertil]

I'm just one of the countless individuals who have experienced incredible benefits from investing with Regina Louise Collaro, and I completely agree with you. The year 2020, marked by the devastating impact of COVID, left me feeling utterly hopeless, as I lost my job. However, that year will forever be etched in my memory, not only because of the hardships, but also because it was the year I encountered Regina. I owe my life to her, as she enabled me to lead a comfortable life through passive income. To put it frankly, I consider her to be an angel sent to aid those grappling with financial difficulties

[@rajupakalapati]

One smart way in that scale is to become an Investor and keep pumping startups high chances of making more money

[@vileshrakshith94]

High chances of losing money tooo

[@rajupakalapati]

vilesh - obviously but that's the bet

[@vileshrakshith94]

@@rajupakalapati but not everyone prefers gambling wid ter money

[@smartindian7641]

5:13 After earning 1.25 cr per annum, I think they don't need credit card rewards and offers

[@mutualfund10]

Dude itna package me agar instant gratification dur kiya jaye toh u can invest 5 lakh per month in sip for 10 yrs and u can bcm free

[@koushikchowdary4493]

Do an interview with chartered accountant or company secretary pls.....

[@prashantm4514]

He won't do it bcz then he will get a good Gyan on his finances.

[@sandeepsalawadgi]

Cred asks for access to messages and email permission. I feel it’s algorithm is written in a way that it will read out messages to know about our spending, credit card bill and balance etc (same with email access). So it has access to everything, it is slowly building a database

[@rahusphere]

Yes

[@palanatisoumya]

Good observation and thanks for the heads-up.

[@Coffeeqwe6679]

The series is addictive.I started this evening and binge watched it . I have already completed 5 episodes by now .

[@mikhailfischercapablanca9650]

ikr I'm not even earning currently( I'm a third year college student) and am still addicted to this series.

[@siddharthkhattar1297]

​@@mikhailfischercapablanca9650 same with mee

[@VeEjAy64]

1.2 cr at such young age is take a bow thing. These guys would make 50c easily.

[@vigneshsivakumar9817]

For 1.25 crore package, Still needs to Fix your finance?

[@mr.anderson5077]

They're making nearly above 100 $ usd in India which sounds skeptical to me as I know where do they work and current designation. Any ways atleast every company must pay us these figures as the avg pay in USA is same. Considering the purchasing power parity

[@SAM-tw4wd]

iit bombay it very very normal for them

[@t4tek]

Going to give JEE ADV this year. Really a motivational video

[@saipreethamapuri2077]

Jee adv ki jarurat nhi hai bhai btech me dank se coding kar ho jatha, woh log bhi 13 lpa se hi shuru kiya lekin rukha nhi

[@realavdhut]

​@@saipreethamapuri2077 she also did mtech from iit bombay itself via gate AIR 15

[@bhargavsaikia403]

Both of them did their Mtech from IITB, not their bachelors

[@aabhassrivastava912]

i think they have done masters from thers

[@saipreethamapuri2077]

@@aabhassrivastava912 aaj kal normal clg se bhi coding acha kiya tho 10-12 lpa mil raha hai na

[@one-eyedgaming6767]

Basic idea is 5k invest in mutual funds for 15k years = crorepati . { Indian MarKet Growth based } According PM Modi , Within 2047 we will be a developed nation . So basically everything will go high and the business will hit high .

[@vaibhav0karkera00]

Imagine an Indian professor planning a heist on such high package couples😍

[@quahogfamily8971]

Well tgey are honest tax payers and dont have much cash. Politicians and Bureaucrats are better choice, They have crores in cash stashed.

[@KM-rk3ok]

You will remain poor if you keep watching web series

[@aneeinaec]

I'm confused about the motivation of these guys! They are so comfortably discussing their income and finances infront of the whole world! Financial advice you can get it from other means too! Is it just a drive to show off!!

[@sonalsrivastava9064]

Bro, then don't watch it. Someone volunteered as a good example of finances, a whole bunch of people are inspired by it and some more get to learn from it. A fraction get jealous, loss to you bro.

[@shaileshagarwal1]

Their expenses is way lower than ours excluding EMI as they don't have child yet. Once child starts going to school and at same time parents become dependent then real expenses will start.

[@GetYourselfALife]

You have monthly expenses of > 1.1 lakhs a month

[@shaileshagarwal1]

@@GetYourselfALife 1.6 lakh per month excluding all EMIs. Forced to calculate all these due to layoffs happened recently.

[@GetYourselfALife]

@@shaileshagarwal1 😮😮, now that's aspirational.

[@shaileshagarwal1]

@@GetYourselfALife once you have kids and their schooling and hire care taker. And everywhere you travel or go for trip/event, book 4 tickets. So expenses are bound to increase.

[@barkhasachdev8838]

​@@shaileshagarwal1 a shawarma shop makes 3lack a month profit near me he has 3 branchs within 20kms he nearly earns 9lakh he has passed SSC and is only 20 I own shop of hardware and plywood I earn 5lakh no tax all profit😈I am 20 only u guys have to beg for a leave hahaha

[@Pallav18692]

This video is highly aspirational, has good financial planning, balance in savings and expenses, very realistic. However, I feel Bangalore salaries and packages especially in IT are just on a very other end of the spectrum, in a lot of ways unrelatable to the masses.

[@GetYourselfALife]

Its not relatable for most of the IT folks in Bangalore only. 🤣

[@thefashionamclothing]

👍👍👍👍 Keep posting. Learning so much from your channel. Thanks. 👍👍

[@rexo259]

How can a software engineer earn 50 La/pa. What is the package of a technical architect then???

[@sangeetbaruah5131]

just come here to get motivated

[@prathmeshsingh3912]

I got depressed instead xD

[@sangeetbaruah5131]

@@prathmeshsingh3912 me too sometimes 😂

[@n__g2238]

Life can be hard at times . Soon you’ll reach your goal. Stay positive.

[@cooldoglovers4530]

I am from Bangalore .Yeh kya outliers wala episode bana rahe ho ..You should know that most of the earners are from 50-70 k per month based on 8-10 yrs of experience in IT industry. Anur Warikoo also does the same in his youtube channel "in 20 , 30 yrs investment will become multicrore.Bhai ....maza to tab hae jab you are 40 yrs and 15 yrs to retire , how to grow your finance in this less time period ..other wise what kind of finance expert you are ...Don't mind i have nothing personal against you but youtuber do not make videos on the real & practical scenarios ..

[@MrAbhitv]

Totally agree bro. Most people don't realize the reality of IT sector. I want add here that these high earners want to retire soon. The question is why?why would you wanna leave such a high paying job. Because IT offers good money but very poor social life. It's a hard reality

[@av7337]

@@MrAbhitv engineers ka khoon sirf 38 - 40 tak piya jaa skta hai bro

[@MrAbhitv]

@@av7337 uske baad kya. Where do they go?

[@denk5746]

​@@MrAbhitvunko management ke roles offer karte hain company.

[@macdeep8523]

IT revolution is blessing for Indian middle class

[@plx6755]

After COVID how stocks became 5x ,10x like that software PPL salary also became multifold....

[@BTV-l7n]

This is no big deal. I completed my masters 1 yr later than them and that too from non iit. I still make little over or equal than them.

[@ajaxtyson]

Where and when did they take 1cr house? In which city and place? In Hyderabad, a 2000 sqft apartment cost 1.4cr even in areas were prices are low.

[@vivekbhat6447]

Finally we got a video where 95% people can relate to… Remaining 5% are living on government free rice

[@sunil0990]

We too make handsome earnings but the problem is expenses too get upgraded accordingly...everyone get trapped in this cycle...there was a time we took loan for Rs.5 lakh Car but now we can buy a car worth 27 Lakh in single direct payment...

[@dhanakodimani4783]

Make a interview with core mechanical and electronics engineering, who earning more than 20lakhs in a year

[@dhanakodimani4783]

I think he won't find anyone for next 5 years 😅😅😅😅😅

[@jasonjoy385]

Hi Anshuman. Can you make investment ideas video for NRIs who wants to settle in india

[@udayshukla6438]

40,000 per month with wife and newborn, please make videos Related to this ......

[@f.b.i6341]

still better than many people. Try to save money and learn some more skills .

[@udayshukla6438]

@@f.b.i6341 thanks...any suggestions for skills, engineering working in windows industry

[@f.b.i6341]

@@udayshukla6438 depends on what type of job you are doing brother.

[@f.b.i6341]

I am still learning , but I have met many people here who turned their life 180°.

[@udayshukla6438]

@@f.b.i6341 im service engineer in DCM shriram

[@AhireMahesh]

Senior Software Developers usually don’t like to work for long..🙂

[@ayeeeck4512]

Family responsibility 10k👏👏👏 even after earning so much.

[@darshanm2518]

🤣🤣🤣

[@muhsabith]

They are getting pension

[@prathmeshsingh3912]

He just said that to motivate us ;)

[@akshaykumarmalathkar2968]

They clearly mentioned their families are not financially dependent on them. Might be they are already rich.

[@mistmode9463]

Mummy aap yaha kya karre ho ?

[@residentevil1901]

This video seems to be more for getting lime light for their achievement and lifestyle..they don't need any advice in finance.. Kudos for their hardwork though for reaching this level..

[@jatin2866]

Keep these videos coming bro... Very informative!

[@Val_kyriee]

Wow. Now i feel better about nyself after listening to these two. Btw im one of the earliest users of Cred and it has helped me to optimize my credit card usage. I have 3 cards with a total of 13-15 lakhs credit limit and i never cross 6% utilisation. And the earlier you get term insurance, the better. And never mix insurance with investments. Get a pure term insurance policy, avoid ULIPS at all cost.

[@DevanshJain14]

Would like a similar episode about Doctors. Please make one :)

[@palanatisoumya]

I agree

[@shauryasoni1464]

bro the detailed vedio is not ther :(

[@adityau5823]

Please make these videos in Pune please it will be really helpful 💯💯💯

[@mutualfund10]

Mera package 26 lakh hain but me 1 lakh mutual fund me invest karta hu pure equity.... You both check ur net worth, is it negative or positive😂

[@aarnavagarwal1760]

Every video doesn't need to be relatable, he's here to not make relatable content and if he would just fo the mid salary video each time it will become boring he has to bring different categories, maybe there is someone who can find it RELATABLE

[@sid007ashish]

8:10 i think what he has done with stocks is correct, its not about 10x, if any of those 80-90 stocks having 2-5k investment go 100x then its a profit, that too for long term, in short term i think even he is comfortable making this bet.

[@gketan30]

No, 100 stocks will never help anybody

[@code-master]

So many things put so wrongly, ESOP are highly risky specially in Indian startup, not every ESOP will convert to profitable cashflow. ESOP from foreign entity if they don't have Indian entity, are way more riskier, if you don't have personal rapport with the founder, they don't even have personal health insurance, Please get a personal Health insurance, you have tax rebate of 25k+25k for same. This comes from a software engineer with 1.7Cr at 26 years back in 2020, my expense is max 25K (this is what I transfer from my Salary account to another) which includes everything I could pay, grocery, utilities, random UPI txns for the family. I do spend on expensive electronics once in a while, but those are rare in a year, I since moved to a startup for a fraction of compensation for personal reasons.

[@anshumanfinance]

These guys had RSU not ESOPs (public listed companies) so they had an option to exit 1/16th of the total stocks in every quarter

[@themeniacs7376]

That's the motivation i needed ♥️

[@azadsingh9887]

They are struggling a lot. Please donate guys

[@jeraldrajesh2044]

How 6.8 month becomes 1.2 cr a year

[@thoughtfulsd]

Find the content very generic . What financial advice did you give? What was discussed was what we learn in the first month of mba .

[@Karfine]

This kinds podcasts motivates a lot 💟💯

[@narahitesh1341]

higher the income = more the needs and wants

[@abcdefghi2302]

isn't thats why we want to earn more?

[@priteshkhilnani]

Moral - U need fixing if u earn too low and if u earn too high as well

[@neelj5155]

IIT ke bande h kya?

[@mumbaikachallenge5526]

Loved this video man❤️

[@Sumit_R0y]

'Fix Your Finance' for individuals making 1.25cr per year is totally non-relatable for us viewers.

[@rahul4288]

Never buy a car by selling good stocks - never. Selling appreciating stocks to buy depreciating items like cars is not sensible.

[@bhumit070]

When they got home loan interest of 6.7 so why not to go with fixed interest rate?

[@bond-hh1vn]

They are basically Poor, i made 30cr every day in my thoughts.But still i did not show up. They should learn from me.