Must Watch, If You Have Multiple Loans.

Most successful rich people👩🏻‍💼 on this planet became rich by taking on loans/debt to fund their business ideas.
Indian society views debt as a huge headache because we hear ample stories of relatives getting financially ruined when they are unable to repay.
Most of us will go through at least 3-4 loans in our lifetime such as education loan, vehicle loan, home loan, personal loan, gold loan etc. 💴
For middle class Indian, it becomes almost impossible to not take a loan to achieve our life goals.
The ability to handle debt is a true life skill. Something which has not been taught to us. 😓
One of the methods to smartly handle debt is called ⚡️Debt Avalanche Method⚡️
You first arrange your loans in decreasing order of interest rates.
For example:
🔹Credit card loan: 36% interest rate. EMI 12,000 per month
🔹Personal loan: 16% interest rate. EMI 22,000 per month
🔹Vehicle loan: 9% interest rate. EMI 35,000 per month
🔹Home loan: 7% interest rate. EMI 53,000 per month
You now pay the minimum EMIs for all 4 loans religiously. 💸
Any extra amount that you have, you pay towards the first loan i.e. credit card loan since that has the highest interest rate. That way you are optimising your overall interest rate.
Once the credit card loan is done you use the freed-up credit card EMI (INR 12,000 per month) plus the excess money to pre-pay the personal loan.
Once the personal loan is done you use the freed-up credit card EMI (INR 12,000 per month) and freed-up personal loan EMI (INR 22,000 per month) plus an excess amount to pre-pay the vehicle loan.
You get the idea.✨
I personally wouldn't pre-pay a home loan since the tax-adjusted interest rates are super low (4-5%) to even worry about.
I would rather put the excess money in stock market. (Personal view, pls do your own research)
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#financewithsharan #loan #loanofficer #creditcard #creditcards #moneymanagement #moneytips #moneytalks

[@nirvana8824]

"i don't have any maan maryadha" got me 😂😂😂😂😂

[@Md_Arif2004]

Tamil Bro

[@dr.bharathsg5217]

Maana maryaade Kannada bro

[@melvinfused]

@@dr.bharathsg5217 it's also malayalam

[@dr.bharathsg5217]

I think we all have almost same base.

[@satyaprasad9774]

It's same in Telugu also

[@AmrikHore]

"What are you waiting for ?" - Loan approval

[@rikkyun04]

😂

[@techwith_tj]

LMAO😂🤣🤣🤣🤣🤣😂😂😂😅😂😂

[@maheshprasad8605]

😆 🤣 😂 😹 😆 🤣 😂 lol

[@VishKnew]

😂😂

[@tamilmechanism7343]

¹11

[@lazy_meoww]

Shame is just a word, but 'Maana Mariyadhai' is an emotion....

[@sahilbhanushali3666]

Nimmoun also 😂😂

[@kingplatform2255]

@@sahilbhanushali3666 yes

[@kingplatform2255]

definitely more nostalgic than than emotion

[@XD-28.official]

These are words from kannada language

[@MONEYMONEYMONEY285]

​​@@XD-28.officialno its telugu. Mana maryadaluu

[@prajjprajju4503]

"I don't have any maana maryadhe" had me laughing so bad 😂😂

[@aakash.51]

​@financew-sh.9024ingayum aarambichutingala da 🤣

[@ಸವ್ಯಸಾಚಿಸ್ಟುಡಿಯೋ]

ನಿಮ್ಮ ಅವ್ವನ್ has a seperate fan base💛❤

[@Ajitoooo]

I'm watching you everyday and today you spoke in my mother tongue 😍♥️

[@karthikshinde6739]

He is a kannadiga from Coastal area

[@gohaneditz7144]

Telugu

[@ujwalbyraiah2441]

Lol "I don't have mama maryadhe" 😂😂

[@ravindhiranath]

Maana mariyaathai

[@gatecrasher1108]

@@ravindhiranath hey it's Kannada get lost watch again u deaf.maryadhe it's not Tamil.

[@spideydrago]

@@gatecrasher1108 kannada borrows from tamil 😂 You blind Read some history and origin of your language 😂

[@gatecrasher1108]

@@spideydrago that's y Hindi is national language instead of urs, dumb ass Checkmate💥💥💥

[@nidhidwivedi6393]

In hindi too we use maan maryada

[@singingdahlia6043]

Wow mixing Tamil with English and your accent makes it so fun and cool 😂

[@internetgirl3541]

It's Kannada...he is kannadiga

[@abhikulkarni_]

It's kannada not Tamil😂😂

[@susheelkumar2129]

It's in Telugu also Bro

[@SomilTiwari-dd1ln]

His Accent🤨📸🤨📸🤨📸

[@ATULKumar-nc2ul]

Its in Bhojpuri bro. Source: trust me

[@sagara6751]

Liked the use of ನಮ್ಮ ಕನ್ನಡ.. so subscribed

[@UginStephen]

Dei... Sema machi... No maana mariyadhai... Lol.. 😂

[@gatecrasher1108]

It's kannada brother listen carefully again.mana maryadhe he has even used so many kannada words before in videos.

[@KnightTamila]

@@gatecrasher1108 tamil or Telugu or Malayalam or kannada 🤔

[@mokshithpoojary4242]

@@gatecrasher1108 he is hegde man

[@Plata0Plomo82]

Nim avvun 😂 bruuh! Thanks sharan

[@nitinsharma928]

What is the meaning of that word can you just tell

[@mychannelxd4956]

@@nitinsharma928 it means Teri maa ki

[@kumarsrinivasan600]

@@nitinsharma928 your mother 😂

[@bbg5546]

@@nitinsharma928 teri maa ki....meaning

[@scoobythelabrador2036]

@@nitinsharma928 it means theri maa ki in kannada

[@vjviju8125]

Nimoun..he say with such confidence..like he means it...sooper

[@vicky-mc8063]

Love from Tamilnadu 💖💞

[@SK-ut7sp]

I don't have any maana maryadhe👌😂🤣🤣🤣 Any tamil pullingo is here?

[@sdonlinedevraj2242]

It's not Tamil it is kannada

[@SK-ut7sp]

@@sdonlinedevraj2242 in Tamil also we will say like that only, so i thought he was speaking tamil

[@sdonlinedevraj2242]

@@SK-ut7sp oh okay but it's pure kannada

[@harichris4171]

@@sdonlinedevraj2242 poda punda,

[@JenithKishore.]

​@@sdonlinedevraj2242 in tamil same meaning

[@Sadguru-ny6nz]

I really enjoy the Videos. Great Acts and knowledge.

[@uzumakinaruto3995]

He is a very hardworking KZbinr and gives 100% on his video , and his knowledge and the way of representing is simply amazing ❤️

[@lakshmanraju7126]

Another scammer commented on your comment

[@juliomiranda2131]

You explained the snowball method. The avalanche goes from highest debt to lowest debt. So you would pay off your highest balance. Then use all that money to pay off the rest of the loan. Finally the phone. By the time you get to the phone you'll have so much money available that it'll pay off super fast hence avalanche

[@Eternal.Tourist]

Absolutely correct ! I too was confused & was scrolling through comments to find someone who agrees with me. I started doubting what I had learned

[@raghavendrasrinivas9]

No mana maryadi 🤣🤣

[@cool3884]

love his shorts.

[@devadharsan7721]

Maano maryaadha😂 unga videos lo vera level anne

[@kay_yagamine985]

Those kannada words on middle hits me hard....(mana maryadi)....😂

[@kay_yagamine985]

Kannada also have that word....😕

[@smayera5849]

@Entertainment Maker he is kannada

[@higherpower254]

It's Malayalam

[@dhirenpatel7670]

Gujarati language also has same word.

[@mdshan6353]

​@@kay_yagamine985 tamil mother language 🗿

[@SupersunayFTF]

Mast video maadtyalo, naanu havyak maani , Anna nang ond iPhone kodsale 😜😂

[@praneeth4652]

"I dont have any maana maryadhi" just hit me hard💀

[@sameeribrahim5172]

"Does this face look like Mukesh Ambani?" That was really funny.

[@thegreatlazydazz]

Amazing choreography, scripting, and editing . Makes loan payment strategies sound interesting

[@harinism3244]

"I don't have any maana maryadhai" -sharan Hegde,2022

[@kamalarajan9985]

Super sharan speaking Tamil definitely you will win

[@kingsmangaming2535]

Hey "nimmoun"....❤️

[@Common.Gyaani]

Gaali h shayad?? 🤣

[@kingsmangaming2535]

@@Common.Gyaani ha Bhai North Karnataka ke gaali hai😂😍

[@gopaljindalvizag]

Are sir make some videos on cinema hall policy for food items whether we can carry with us

[@FinanceW-Sha.-lw7rh]

Thanks for your comment, 👆👆What’sap me with the number showing above for more profitable investment plan.

[@suganyasundaram3662]

The way u deliver the content is awesome Man

[@ashikum5128]

M aapka bahut bada fan hu bhai aapke bare me newspaper se Jana jab aapko iim Banglore ne chief guest banaya maine up board se padhai ki h .up board k school me English itni achi nahi hoti . please hindi me bhi video banaye jaise pushpa aur bahubali hindi me release hui

[@muhammadmustafa9170]

Broo i luv your videos actuallly sensible with a touch of humour

[@MrSunildm4u]

sakat maga, love the way you share valuable inforamation , and in mean time add a pinch of fun in that. I would be glad you help manage my finance :)

[@manadentist2267]

Very In formative

[@nsetra57]

From Australia - Soo cooool! I never miss any video of Sharan's b'cause they are very interesting, and he uses local Kannada language in his dialogue! I always enjoy and I wish to see new videos. Well-done TEAM!

[@dheeraassociation8379]

Wonderful

[@ashishsharma1982]

Broooo you rocks... Well done 👍

[@tejasdusane6501]

"What are you waiting for ?" - Father who will pay such bills

[@belikeahuman3277]

debt consolidation loans pros and cons, kindly explain on it

[@sunilkumar-ro1wx]

this guy really cares about RICH PEOPLE who want debt. Vijay mallya must be his subscriber 🤷🏻‍♂️

[@soccer9199]

Why are you promoting always iPhone?? 🙄🙄🙄

[@MrRAMAN117]

Ji u r giving a great message to younger generation ji

[@fannyissac7398]

Fix ppt slides....i will do anything else.... exactly what i used to think....ppt fonts, grouping and shapes were a nightmare...always wondered why MS PowerPoint wasn't voice activated instead of having an MBA grad click and drag shapes all over the slide...😊

[@SureshKumar-di2og]

Your videos are excellent and informative.

[@nabhan9719]

Sharan sir even I'm from mangalore ❤❤ ...your old fan

[@howtodobasicthings]

Heads-up to Shreya's creativity

[@ridingworld1111]

Kannadiga🥰

[@JASGAMING732]

Bro the “i don't have any maana maryadha” just got me lol so funny bruh and also r u tamilan pls reply

[@allwinaristo9590]

Same dobut?

[@saisaravanas7459]

No bro he is kannada

[@saisaravanas7459]

Tamil illa maana mariyadai nu varum Aana kannada la maana maryade nu varum Tamilan in Karnataka

[@armygaming29]

iPhone 14 bought when it's not even in any market yet 🤣🤣

[@tyagigaurav]

We can't do part payment in these types of loan, we can only prepay whole amount which is usually very higher than the EMI

[@yashas_5]

Help us with your money earning statistics. Your good adviser. Namgu swalpa helkodi

[@sarvagyaarya2759]

Thanks for all this information , u earned a subcriber

[@4thdimension718]

He talks so huge huge amount which more than 0.5% of Indian population cannot even think about ... This 0.5% population does not watch Sharan's video is irony no. 2..

[@adhils9633]

Does telugu have the word maanam maryadha...coz its there in tamil...is sharan tamil ,or telugu..anyway he is dope🔥

[@ebodhan4488]

Learning english and finance knowledge at a time

[@santhoshnaidukoribilli]

Lovely bro really impressed

[@ponurangam8332]

Hey! Man,, are you tamil guy... proud of it

[@ShashankUppunda]

Mana maryade😂😂 ❤️💛

[@dr.aslam8118]

Which option is better 1. 90k salary with 15% increment every year 2. 100k salary with 10% increment every year ??

[@ChinmaySabharwal123]

Nice

[@lerolerolerolerolero256]

If i ever did these kind of things without my dad's permission, i wouldn't be alive today

[@FBI-lu7uj]

✨Aggred my homie✨

[@compassionatetowardsallliv844]

Nice videos

[@perfectwithpractice]

Love your content buddy

[@HumourusLAV]

Yeah but your iPhone rate of interest would cost you 22500 per year while your Car loan will cost you around 76000 per year... Explain your strategy bro

[@anunikitha2666]

He is kannadiga 🌅💥💥😎😎💥💥

[@mohammedshiraz9530]

I'm waiting for someone to tell me I'll pay for everything this year.... The probably is that thees minimum amount only in CC not everything else. Second paying min amount adds on more interest to next bill and also impacts Cibil

[@krisr5228]

Paying the minimum amount due will just make u end up paying more and eventually into a debt trap.

[@sandip5954]

I follow my man bro... Waiting for this line.. M addicted 👀

[@minarvagminarvag5614]

Vera level mariyada

[@zzzz546]

Nimmoun is very common dialogue in your videos , are you from north karnataka ?

[@vivatricks9881]

It Tulu language not north Karnataka

[@vivatricks9881]

I am from Mangalore

[@suhasryaka6038]

Love from karnataka ❤️❤️❤️

[@gatecrasher1108]

For the people who r saying mana maryadhe is Tamil word or malyalam, is nim avvn there in any Tamil or Malayalam language.??? It's purely kannada or his mother tongue is basically maybe tulu so obviously he knows Kannada it's obvious They know it's not their language but it's their call of duty.

[@upworkprofilevideonoorulam440]

Kannada... Good... 👍😘

[@babruvahanaa]

Debt Avalanche or Snow ball ? Which is good 🤔

[@FinanceW-Sha.-lw7rh]

Thanks for your comment, 👆👆What’sap me with the number showing above for more profitable investment plan.

[@pavanhem]

Sharon what about heavy charges for minimum payment? can you please explain that

[@Bollavenikotesh_official]

What about petsonal loan, car loan i think they dont have minimum bill pay feature

[@krantispartacusgamer5942]

I want some guidelines for my economic welfare

[@Praveenkumar-wx8to]

Bro, you are just awesome

[@ChinmayKumar-nq5oo]

Sharan avre ondh class open madbidi bengaluru nalli...🔥

[@manju7520]

After a long time heard manam maryada. It's catchy 😄

[@k415hu7]

People ignoring the knowledge and fighting for languages 😂

[@soorajmanne7443]

Sharan bro… please do a video of app loans people are dying and suffering from this stuff

[@SanjayYadav-gw5fj]

Brother a KZbinr selling a Course And Made 1-2 crores in One Year Then How much tax He should pay To The government

[@badriBN333]

Mana maryadha welcome to the club Bro 😁😁😁

[@bobbililokesh9652]

Haha last one was epic sir 😂

[@vijayreddygunreddy8480]

How this works out Can you please help me how to start the process

[@ssabt12]

Its applicable only when all the loans are of same tenure.. But say.. You have iphone loan 2 years 12 pct Car loan 7 years 10pct Home loan 20 years 8pct It still makes sense to pre pay only the home loan.. otherwise total interest paid for home loan will be much higher than interest saved in pre paying smaller loans with higher rate

[@me47utube]

Sharan’s father telling Sharan to follow Finance with Sharan🤣🤣

[@santhosshgs14]

Nim avvan... super 👌 bro

[@akashramanni5879]

Kannada hits sometimes hard savage 🤪🤣🤣🤣

[@balaram9162]

I don't have mana maryade 😂

[@gopi14141]

Thank you for these tips bro. I'm actually not in a mood to enjoy the humor in them. Instead have to implement them.

[@VISHAL-cz9nb]

bro wow uk tamil ah haha nice2

[@journeywithsiddha2742]

U r great bro

[@blabla3487]

What is BT??

[@guns0734]

and here's me who can't even take 3000 from credit card...

[@indiafirst392]

Wow what a nice dad

[@vishnuram5208]

The tamil part killed me I love local jokes like these

[@NarasimmanR]

It's the same in kannada as well.

[@sameerpatki1998]

Mr sharan i don't think the debt avalanche method will consider the amount ( assuming cases like credit card bill of 25k phone loan of 50k and car loan of 20L) Debt avalanche method isn't applicable economically 😂😂 By the love your content

[@ajaysheelavant]

So if there is a loan with 12% interest, the average rate of return for mutual funds is 10%, do you finish off your loan first and then focus on investments? Advices please!