Middle Class to Rich using Salary | Middle Class Trap | Hemant Pant | Broke middle Class Trap

[@Hemant_Pant]

First Copy this Google sheet and then you can edit it:- docs.google.com/spreadsheets/d/1jqWopE6egDSZgenPMa4o89Ri3UoqOKmTXtjWvIRxwLY/edit?usp=share_link Shubham Investment Course:- www.greatideasgreatlife.com/watch/full-investment-course-beginner-to-advance/ Shubham twitter handle twitter.com/Shubham_TLI Shubham KZbin channel www.youtube.com/@TheLogicalInvestor 200+ FREE Books in HINDI/ ENGLISH:- gigl.page.link/5668JkwcihHwfX6AA GiGL Main Channel (6.7 M Subs):- www.youtube.com/@GIGLIndia My Instagram Account:- instagram.com/hemant.pant28?igshid=YmMyMTA2M2Y= My LinkedIN Id:- in.linkedin.com/in/hemant-pant-486a38226

[@sanatandharmaindiakk24]

Subham ji ka youtube channel link sir

[@mohitdayal9366]

Hello, link is opening in chrome. Not able to make a copy. If I copy and paste it into new excel sheet, there is no formula. Kindly advise

[@prasantasarkar9820]

😊❤❤h

[@prasantasarkar9820]

10l

[@prasantasarkar9820]

😊

[@h2hdecor876]

Great analysis..with the above calculations and assumptions I will be financially independent after 155 years.. right now I am 37 years old and have to work for another just 155 years to become Independent financially.. It helped me so much.. Now I can die peacefully

[@swaprasad808]

😁- all these gyaan is of no use

[@smitk7506]

What about marriage expenses, travel, children, school fees, extra activities for children, car, home loan, etc. 2 BHK in a 2 tier city like Pune costs approx. 1 Cr. School fees is above 1 Lakh per year per child. Domestic trip with family for 1 week costs approx. 1 Lakh and that too in the budget category. Apart from that most of the folks have family responsibilities like education, marriage of siblings, taking care of parents and in-laws, etc. Simple Birthday party for kids costs approx. 20K and the fancier ones have no upper limit. One movie with family is Rs. 1500/- on the minimum side. White goods needs to be refreshed every 5-10 years depending on the usage, quality and technology change. House repairs needs to be done every 5-8 years which costs significant amount. Vehicle needs to be refreshed every 8-10 years. In the first year you are saving 50K per month, so the interest/returns will be delayed appropriately. So, the returns of 72K will not happen at the end of the first year, but a year after that.

[@LovetowatcH]

True reality is that nobody able to save 20% of his salary & they are talking abt 50%

[@seekertruth72]

rightly said...many people dont have kids , double income , save one salary completely then its fine. Everyone case is diff

[@virginanand2384]

Kyun bachey karne hain bhai??

[@tigerkash1]

​@@LovetowatcH it is possible.....I am.saving 70% of my salary for 15 years now...People are different...somebody is good at earning more, somebody else might be good at saving more...

[@SanketKumar-ns3ec]

On top of that each year inflation is going to increase 😭

[@archanakamat2635]

Most companies will not give even 5% hike in IT field once you are mid management, Reality is different than excel formulas.

[@As-zc3kt]

But in that case there base salary is to big compared to their expense. So they can still very good in hand amount to invest.

[@prat_0501]

12 LPA = 80k in hand is more than enough to invest in properly

[@guharup]

Not everyone works in IT

[@caabigupta]

Three mistakes bro... a) 10% annual increment is not practical and after 10 years of service, it's next to impossible. The increment % should be reduced with time. b) After 15 years, the corpus is compounding on the gross amount. It should be on the net amount after expenses. c) if 50% saving rate is assumed. Then the rest of the 50% should be considered as expense even after 15 years...

[@stalera]

Good analysis, especially point b. But mota moti, lot of takeaways from the video

[@karan4429]

Bhai sahi bol rahe ho.. Inka kaam to bakloli karna hai

[@anubhavkhurana8481]

Expenses kabhi badha hi ni paoge aise toh... Only inflated expenses considered hai!!! Kaise loge Naya Ghar, nayi car, medical expenses, sudden expenses?

[@007_Sun_Tzu]

A) bilkul 10% se badhta hai top 10 cities me, even more to be fair. If not, then you are already getting poorer each yr. Also when we switch, 30% to minimum hike hai.

[@SurendraParihar8]

Not satisfied......not possible

[@vikaskumartiwari9575]

Marriage cost, Medical Cost and many other miscellaneous costs are missing. It is for someone whose forefathers have a huge sum of many and forefathers take care of every expenses in the family and he is spending 50% for enjoyment. It is not for first generation working people.

[@daydreamers710]

Yes, absolutely true

[@hikedeal]

Right inke liye har month sams expenses hai 😂😂

[@blackcobra8933]

but, I have only 1 Father. I dont have four fathers.

[@匿名-x5m]

Why do you even spend money on useless events like marriages? There are people who spend no money in their marriage, but instead, they use this money to wisely invest or make a good living out of it with their partners.

[@blackcobra8933]

@@匿名-x5m Family Pressure and for Show offs

[@ChetanSankhala]

Overall good structure. Not practical for life long because life is filled with many one time big expenses like house, car, child education, marriage

[@insaneankit5554]

You can easily account these in your excel sheet like i did

[@3456manish]

1 lacs per month to 45 lacs per months salary growth in 15 years really dream for any salary person.don’t give falls hope to salary ppls

[@mohammedshameemrabbani1445]

He did not tell that . U dint understand it properly

[@swaprasad808]

its possible

[@EVikasamapp]

Every one can retire financially within 20years … investing in nifty 50 index fund by investing 3k to 12k in every month …

[@CoffeeandBarbell]

😅😅 comedy

[@SanketKumar-ns3ec]

Inflation will be high , LTCG taxation will increase over the period of time

[@HarshaVardhan2629]

06:55 Understand the key parameters to achieve financial freedom based on salary and savings rate. 13:50 Investing in a corpus and taking out a small percentage each year allows for sustained growth and inflation-adjusted refilling 20:45 Saving rate and investment returns are crucial in achieving financial independence early. 27:40 Taking high-risk investments to achieve quick wealth is not advisable 34:35 Optimizing expenses, savings, and cash flow is crucial for middle-class individuals to become rich. 41:30 Successful investing requires a combination of hard work and luck 48:25 Investment allocation should be based on the risk-reward ratio and probability of success. 55:16 Variables for financial freedom: salary increase, ROI, savings rate, assets vs liabilities

[@Sigma-male-te1re]

no one shares such important data for free but you both did it so thankyou.

[@jitendradthakur316]

Invested in Flexicap,ELSS,Midcap and Smallcap funds with awesome returns

[@ipankajp]

All FIRE discussions start with Index funds and end with trading. I would suggest to stay with Index funds only.

[@abhig2034]

To get a 100cr portfolio in 10yrs , which grows at 50% cagr u need initial investment of atleast 1.75 cr... why show far fetched dreams to middle-class... middle-class doesn't have 1.75cr to being with. Talk about something viable and practical for middle-class

[@raghvinderjoshi4667]

Commenting on preceding comments. Video is one, comments are many. Some of the comments are positive, others are expressions of doubt or pessimism (kaise ho sakta hai etc.). Those who find value in the video are on the right track because they have optimism on their side. The referred quote of Peter Lynch is, "The person that turns over the most rocks, wins". Hemant and Shubham, thanks for sharing a great video.

[@Gurjot98]

If the market consolidates for 2-3 years and we keep withdrawing monthly expense amount, this model will fail badly. 12% annual return is not guaranteed.

[@singhisking1986]

No sir it will not fail ... After 2 years of consolidation, a bull run is guaranteed in the emerging markets

[@singhisking1986]

When bull run will come, you will gain more than what you lost during consolidation

[@aashutoshprakash8272]

Hi Hemant and Shubham. I am very happy to see the data you are sharing. My job keeps me away from family for half a year and hence even I was looking for ways to attain FIRE. Your sheet and method of explaining was very helpful. I am very thankful to both of you. Great job and keep it up. - Capt. Aashutosh.

[@shashank5051]

SAME IS MY CASE. MERCHANT NAVY.

[@renum007]

Armed forces have a kind of better opportunity to attain the FIRE at earliest. There are some folks from forces who are behind the traiding , then making losses. Great to see these comments

[@manishdevkar-qy1sh]

1. Salary increment by 10 for always not at all . 2. Expensive can go sometimes up sometimes down if u are purchasing some new thing or enjoying

[@debangshulahiri4204]

I watched ur last video with him 4 tyms.... !! And I was inspired a lot ...!! Now I m watching this video, let's see how this is beneficial for me.... Will comment again.....!! 😊

[@debangshulahiri4204]

This is very useful video for all of us....!! I will definitely follow this rule and will achieve financial freedom.....!!

[@TheCuriousCurator-Hindi]

Now work on increasing income. As said in last video. 😅

[@backbackup1873]

9:55 the calculations will not be true in real life. Kyuki ek salaried investor every month invest karega, wo lump sum 6L se invest nai karega jis hisab se returns calculate kiye gaye hai. Initial years me jo growth sheet me dikhayi gayi hai wo reality me apke portfolio me nai dikhege. Lekin haan long term me (25+ years) me acha khasa corpus build ho jayega.

[@swapnilpatil1259]

Great work... Within 30 years everyone watching this video will overtake ambani and adani net worth...

[@modellocomotiveworks2215]

And those who don't watch will

[@danishiqubal1817]

This is one of the best videos for financial independence

[@Bigdave123]

Hmare India ki ek dikkat hai, Hum ek policy sabhi income groups pe thop dete hai............. India is great, but Its true It will take decades to grow money, But takes few seconds to loose all.

[@pwunicorn190]

Hemant sir ko sab pta h.lekin phir bhi dekho kitna Aram se sun rhe h.

[@ytvikas25]

Sir is very inteligent ☝️

[@youtubeer8216]

Theoretically it's looks good...Also the 10% hike you get initially period of the job and not after 10-15yra of exp ...Very few people get the salary of 12 lakhs as starting salary. Real life situations are missed...marriage, new born, child etc. Hence theoretically it looks good and hardly for 1% it's possible

[@bikash3003]

Yess❤

[@hrmsmathclass]

Yes it's true but plan with your practical amount

[@anuragpathak2848]

This is totally math and it works both theoretically and practically. 2+2 is 4 in books and in real life. It's just you have to achieve a state where you invest 50k.

[@archanakamat2635]

Fully agree, KZbinrs selling dreams

[@amjadfarooq1361]

Excellent; One should follow, as per his/her own parameter values

[@gaurmmec]

Great podcast, people are complaining about some assumptions, these are some ideas which can help you change mindset and take you towards financial journey. Listening to this podcast I worked on my promotion and got 25 pct hike which was a variable for me.

[@sidaaashu]

That’s great 🎉

[@GauravYadav-rv7wx]

@Hemant Pant, this is by far the best KZbin video I have seen. Thanks

[@stalera]

Awesome interview. It held me for the entire 55 mins. Learnt from every minute of the video.

[@harpreetsinghvohra2525]

Great work hemant I spoke to shubham Sethi logical investor ..I had been following you since last 7 yrs you are very consistent in your work love your content and get inspired 💕

[@marmara9741]

This calculation is taking the case of a person who earns 12LPA from year 1 of their career. Usually that is not the case with the majority.

[@sauravsikhwal2073]

Exactly

[@alverzenongkhlaw5688]

Stock market is all about conviction..Learnt something..Thanks guys.

[@shreyashgyan6663]

Biggest barrier is society, marriage and these things which pushes us to take decisions like laon for home, car and the whole EMI trap. And with increasing salary, people try to increase the standard of living, and don't keep the expenses stagnant relative to inflation

[@premkumargupta86]

I am happy that you took my question. Thanks

[@nileshphi]

Thank u Hemant for valuable information. Amazing podcast. Very helpful for middle class families. Thank u thank u thank u🎉❤

[@abhimanuejaihind]

Thank you both of you for the learning & insights. Also the excel sheet. ❤

[@drdivyeshteraiya]

According to this calculation, if you get 10% salary growth every year , you are already beating inflation, you don't need to invest anywhere, If after 15 year you have 50lac per month salary don't waste your 50% to invest.

[@ajaytiwary-eo8uk]

Very good conversation resulted lesson for people. Problem Indian law by which different way litigation arises that's why people afraid to use their assets. Once laws started in favour of security regarding their assets, prosperity will came.

[@nadeemulla6330]

Shubam will be big thing in the future... .Mark my words

[@suthan2003]

10 years and 50% CAGR......and this person has seen 100 Crores portfolio......Good luck to those who trust these things on KZbin

[@swaprasad808]

I agree, these people are telling stories, selling dreams - if I have 15 cr asset I wont be wasting my time on youtube, I would be enjoying my life travelling :D

[@rudrakaushik2367]

FYI - National Peroxide, IEX, Kiri Industries, DFM foods - any stock Shubham recommended in last few months have all failed.

[@nadeemulla6330]

Really 😂 but i got best returns.. unlucky person

[@rudrakaushik2367]

@@nadeemulla6330 Really? I did not invest in his suggestions and I am still sitting on 49% profit in 32 months... but I am sure you are the 'lucky' one.

[@prasantakumarrana6368]

Your Formula Really fantastic.....Feverous plan...

[@Subhojs1]

Subscribed. I saw many videos on FIRE from eminent people. This is the best and most practical. Thanks

[@jrajesh11]

Need one interview fully in English as well. Lots of good info

[@natraj6120]

Subham is very rational person. i like his thought process. the most imp part of the video is @38:30 onwards for a matured and experienced investor who can definitely relate to it

[@gauravsinghbisht9176]

Very insightful discussion

[@vidyanair77]

Its important to customise this sheet.. for every column.. and possibly revisiting some of the rows based on job scenarios.. Good illustrations

[@surajthakur401]

Fire amount sirji Shukra niti mai ye sari bate

[@vaibhavghorpade479]

This video suggests that we should focus solely on work, saving money, and not spending on things like buying a home or a car. It questions the idea of sacrificing enjoyment in life for the sake of financial security, and asks what happens if we die without having lived our lives to the fullest.

[@Jacknjellify531.]

This requires lot of discipline & frankly impractical.

[@timeknowledgeselfimproveme6778]

Attention hemant sir: With due respect i see many issues in this calculation please address them 1) Indians usually start earning at 20, marry at 25, buy home at 30, kids, wife, marriage bills, hospital bills pile on expenses 2)Kids, their Education, wife, hospital, marriage, home loan these things are not considered on expenses side Savings at 50% is impossible with these basic needs in our culture and income above 10l post tax is only top 5% Indians earnings And if these basic needs are there then less savings and ya FIRE IN 30YEARS I.E. 20+30=50years Hope you address these major issues hemant sir

[@deepanshsaxena5677]

Hi Hemant & Shubham, this is superb podcast, so much wealth of knowledge is shared here. I am thankful to both of you for being eye openers to so many.

[@shaktisingha699]

I am generating 24% average XIRR in direct stock in last 4 years. But my mirae asset elss mutual fund giving 34% XIRR and quant mutual fund 53% XIRR in last 2 year. Now I am in should I continue in direct stock of fully invest in mutual funds

[@Rajendra_Sing]

❤ I will again comment on your video after 8 years ❤ Target - 1Cr 🎉

[@LovePreet-du8vj]

Sir shi main dimagg khol dena vali video hai bahut hi shi video hai thank you so much

[@nileshshewale6940]

I have watched so many videos on FIRE, but this one is mind blowing, your Excel sheet is very easy to understand, no doubt. Whose that guy 50% CAGR returns?? One Request - Please make podcast with that guy (which Shubham sir talking in podcast) who made 50% CAGR in 10 year.

[@MirrorNeuron]

yahi to catch click bait he!!

[@BadaBooksIndia]

Sorry Sir, me ye podcast pura nahi dekh raha because isame salary person ki baat ki gayi hai. Me students hu, and I don't earn money therefore bas last wala part pura dekha hai, but koi baat nahi aap youths ke alava salary person ke baare me bhi soch rahe ho ye Jaan kar khushi hui.

[@bitu86]

Mere bhai paisa kahi se to lana padega na students k kiye study hi sahi hai jab job ya business kro tab ye sab krna

[@TGIV07]

Jiski salary 25,000 hai uske hisaab se batate to sahi rehta. 1 lakh salary max 3-5% janta ki hi hogi

[@pavan9620]

If salary increses, expenses also increase accordingly...

[@gautamroy5426]

Wonderful talk.. learnt a lot! Thanks for sharing it.

[@jitendrasoni8055]

The company he was talking about is Ace. Currently trading at 1300+

[@suniladiyodi]

Changing company in every 2 years is practically not possible. You may hv to find a new house, school for the child etc etc. for batchelors its fine to change the company in 2/3 years.

[@anmolverma9318]

Things don't go same in theoretical and practical world. Your expenses won't be same forever. Your children will get older. Their education expenses, someone in family may get very ill. You may want to buy car-house at some point.

[@bhushanmarkamji]

Thank's for these video my dear Sir both of you .........

[@paramsinghantaal]

This person is an exception like salary wise, increment wise,return rate wise.His story not fit for an average Person.

[@biswaexplore5875]

Vai India mha ... 90 % logo ka salary 15000 jada nhi heyy 😅😅😅😅 Such a funny video 😅

[@debasmitag2009]

This is absolutely not realistic 50% savings ??? Concept is good though Also what about larger investment like buying home .. car ..kids education .. family celebration etc etc

[@equinoxgaming6699]

18:00 He says his return on investment is 20%. This is the accelerating factor which is very rare. Btw did he buy a house? Is he not paying house EMIs?

[@deveshgiri5674]

thanks for sharing, I have known Shubham from your Video and purchased your course as well, Following him sense then he explains everything so simply.

[@abhishe3523]

India me 1lakh/month salary wala to pehle hi financially free hai.. Kya faltu topic lae ho.. Average salary se compare karna tha..

[@glitterworldcreation]

EXACTLY.... YOU ARE 100 PERCENT CORRECT

[@OmYuvanshvitti]

Nahi hai, ye aapko sach bta Raha hu.

[@guharup]

Matlab income hi nehi hai, wealth banane chale hain. Pahle income barhao.

[@mysteriousowl9423]

Ye sb bade logo ka game hai bhai😂😂 hum log sifr views bdhane k liye baki bhul jao fir byr Puri life gadhe ki tarha kam krte rho yehi hai garib ki life😢😢

[@DevRaj-jb1zo]

It's a very nice knowledge for beginners ❤

[@baseless24]

last wale sheet mei 1-2 formula error the ...but kafi jabardast sheet hai

[@anuragpathak2848]

Recently encountered your video, this was really a mind boggling video for sure. It's pure math and the good part of the math is it always works. One request to create a video on your home Airbnb income, can we think of it as a side income.

[@omkarbhandari6817]

Very structured ❤

[@Divyanshjaiswalofficial]

Real hai I lost 4.5 lakh in options in 2 year and I quit trading

[@Shashank_ssc]

Om Namah Shivay Om 🕉 🙏🙏🙏🙏🙏

[@bigdevil3928]

How many people in India have 1 lakhs salary...? ,95% population of India have salary below 50k

[@AnkitG12]

Great conversation. Thank you so much for such valuable content . Keep teaching.

[@tanairai791]

Thank you Hemant Sir and Shubham Sir for Gold 🪙 Content! Will Comment after 8 Years regarding Acheiving FIRE!

[@hiteshyadav7896]

the figures in Investment post expense column are wrong because you are deducting the expenses from the amount if no withdrawal is made but if start withdrawing money then we doesn't get interest for the amount that has been deducted.

[@niteshdubey2348]

KZbin sabka sapna pura kar raha hai

[@sachin2790]

Nice calculation

[@maakirey387]

Reading the comments here it’s so weird .. 90 percent don’t even know abc of investing.. save your money in index funds and shut up Look into your corpus after 15 years

[@MarketSeeker16]

Wonderful concepts Thank you so much ❤

[@vikrantshelke6968]

That guy he is talking about is I pretty sure Vivek Singhal he has KZbin channel also his portfolio is also 100cr and he says he achieved 48% Cagr in last 10 years after he left his job at 30.

[@nileshshewale6940]

Really???

[@gen-zmultibaggers141]

XL calculation won't work in 90% practical scenarios.

[@sonubeta7938]

Bas sab yehi chate hein , financial freedom mil jaye aur naukri naa karni pade bas pade pade paise aate rehe. Financial guruji ne market instability factor-in nahi kari , ye nahi bataya ki agar kal aapka investment doob gaya to kaha bheekh maangni hein . ye sab scam hai market mein invest karne ke leya , mehnat karo aur jitne time naukri/business kar sakte ho karo , bhavashiya aur jeevan ka koi bharosa nahi , sabse bada investmet tum khud ho , apne aapko banao , in logo ke chakkar mein mat pado !

[@roveralfaaz9122]

Sir Jo middle class se bhi niche rehte hai like 15000 - 25000 rs salary Wale logo ko kese invest kerna chahiye

[@Amarnath0880]

skill improvement main invest karke higher salary achieve karna hain

[@ArunKumar-mg8uf]

Mutual fund me sip ker lijiye

[@enigma7080]

I can only take points that you need to increase the income.

[@saurabhtewari8423]

Both videos were great 👍 And really very helpful Jai Hind 🇮🇳

[@Ajayholkar77]

i heard your voice on another channel for book summary

[@hikedeal]

Ye sab faltu ki baate hai not apply in real world bahut kam log hai india me jiske 1 lkh salary hai sabhi gyan dete hai har kisi ka apni life hoti hai time to har kisi expenses bhi badhega expenses har saal same nhi rahega

[@guharup]

Jiska salary 1 lakh se kam hai, wo wealth ka video dekhta hi kyun hain? Matlab income hi nehi hai, wealth banane chale hain.

[@kbhushan12]

To unko 1 lakh salary tak jane se kaun rok raha hai? Growing one’s income is the most importantly thing. Nahi to invest karne ke liye paisa kaha se laoge?

[@tapabratabhaduri5480]

Excellent Super Mind-blowing 👏👏👏👍👍👍🙏🙏🙏

[@inderpalsingh962]

How can a person with 1 lakh salary save 50% in a metro city? Rent is sky rocketing every year, what about electricity, gas and fuel expenses, these are just the bare minimum necessities, kindly explain??

[@tigerkash1]

1lakh salary post tax, rent: 15k, household expenses: 35k savings : 50k

[@Rajtruevoice]

Excellent information

[@TheMahesh1234]

Inflation rate 6.5 is wrong. It has to be at least 12 to 13 %😢

[@inderpalsingh962]

And I forgot to mention school fees, food?

[@anubhavkhurana8481]

Expenses toh badh hi ni paayenge aise, only inflated expense is considerd! How would someone buy a new house, a new car, children education, unexpected medical expenses and what not... Please try to consider those too then only it will sound practical, rest other aspects r good!

[@adagoudamakannawar4933]

Very informative session thanks

[@pratipgolesar467]

Good information

[@Kabirworldkadi]

Great work

[@KajalNi]

Shubham sir kya aapne shoonya trading platform ke baare mein suna h kya.....kya aap sirf Zerodha platform hi use krte?