HOW to PAY OFF all your LOANS?! | Money Matters Ep. 11 | Ankur Warikoo Hindi

Money Matters is a series where I have conversations with normal people such as you and I, on your personal finance issues.
It is important to note that I am NOT a financial expert, I am NOT SEBI registered, and I am NOT qualified to give financial advice.
Everything that I say in these videos is purely through my own experiences.
- So these videos do not offer any stock tips, or specific mutual fund recommendations or get-rich-quick schemes.
- I am not selling any product or service through these videos.
- None of the brands that I mention in these videos have paid me to mention them, unless I explicitly say so (and I will say if the video is sponsored).
This also means that my advice may not always be the right advice. So incase I make a mistake, the best way to correct me will be to share your point of view in the comments, so that everyone can benefit from it.
I am not perfect, nor claiming to be either and would love to learn and grow.
The idea is simply to help people with their finance journey and through their story try to help others who may have a similar story.
If you wish to be part of this series, please fill up this form forms.gle/uj9JPUBp8Wo9nZQi7
Join me in this insightful episode of "Money Matters" where I engage in a meaningful conversation with Vivek, a software engineer residing in Bangalore. With four years of experience in Bangalore and a growing family, including his wife, parents, and an upcoming child, Vivek seeks guidance on navigating his financial journey.
Throughout our conversation, we address Vivek's immediate financial concerns and discuss strategies to plan for future investments effectively. From optimizing his current financial situation to securing financial stability, we provide a comprehensive roadmap tailored to Vivek's unique circumstances.
Don't miss out on this enlightening discussion that offers valuable insights and practical advice for individuals like Vivek who are seeking to achieve their financial goals and build a secure future.
Want to join me on the show? Fill this form and my team will reach out to you: forms.gle/uj9JPUBp8Wo9nZQi7
00:00 Introduction
01:06 About Vivek
02:47 Vivek’s expectation from Money Matters
05:00 Current financial situation
16:58 Analysing the situation
20:27 Action plan to become debt-free
33:50 Investment plan for Vivek
40:26 Questions from Vivek
46:03 Conclusion
#FinancialPlanning #MoneyMatters #warikoo
------------------------------------------------------------------------------------------------------------------------------
Buy my new book 'MAKE EPIC MONEY' here: www.makeepicmoney.com/
SIP in Stocks with FREE* Demat A/c on INDmoney: indmoney.onelink.me/RmHC/x3g6...
My Money Apps: bit.ly/3Zg56eR
Start your own business: bigrock-in.sjv.io/6eZ1KK
My bestselling books:
‘GET EPIC SHIT DONE’: ankurwarikoo.com/getepicshitdone
‘Do Epic Shit’: ankurwarikoo.com/doepicshit
My gear for shooting this video:
🎥 Sony a7III camera: bit.ly/3M42wAV
🎬 Sony FE 24-70 f2.8 Lens: bit.ly/3KCCiF0
🎙 Shure SM7B Microphone: bit.ly/3O1NAVA
🔆 Fill Light 60W: bit.ly/37aJolP
💡 Key Light 150W: bit.ly/3O9nyjs
📽 Benro IT15 Tripod for Sony a7III camera: bit.ly/3O4PvJ1
Useful links:
20 books for your 20s: bit.ly/WarikooBooks
20 online courses for your 20s: bit.ly/WarikooOnlineCourses
Gadgets that I use: bit.ly/WarikooGadgets
The above links are on Amazon.
If you buy any of these using the above links, I stand to make affiliate income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L and in 2022 we contributed 53L.
Let’s connect online:
🎙 My weekly podcast Woice with warikoo (Spotify): open.spotify.com/show/1g7wpoq...
📩 My weekly newsletter warikoo Wanderings: ankurwarikoo.com/newsletter/
📱 Instagram: / ankurwarikoo
🐦 Twitter: / warikoo
👨🏻‍💻 LinkedIn: / warikoo
😄 Facebook: / awarikoo
🖋 Daily Blog: ankurwarikoo.com/blog/

[@warikoo]

Money Matters is a series where I have conversations with normal people such as you and I, on your personal finance issues. It is important to note that I am NOT a financial expert, I am NOT SEBI registered, and I am NOT qualified to give financial advice. Everything that I say in these videos is purely through my own experiences. - So these videos do not offer any stock tips, or specific mutual fund recommendations or get-rich-quick schemes. - I am not selling any product or service through these videos. - None of the brands that I mention in these videos have paid me to mention them, unless I explicitly say so (and I will say if the video is sponsored). This also means that my advice may not always be the right advice. So incase I make a mistake, the best way to correct me will be to share your point of view in the comments, so that everyone can benefit from it. I am not perfect, nor claiming to be either and would love to learn and grow. The idea is simply to help people with their finance journey and through their story try to help others who may have a similar story. If you wish to be part of this series, please fill up this form forms.gle/uj9JPUBp8Wo9nZQi7 Buy my new book 'MAKE EPIC MONEY' here: www.makeepicmoney.com/ My Money Apps: bit.ly/3Zg56eR Start your own business: bigrock-in.sjv.io/6eZ1KK My bestselling books: ‘GET EPIC SHIT DONE’: ankurwarikoo.com/getepicshitdone ‘Do Epic Shit’: ankurwarikoo.com/doepicshit My gear for shooting this video: 🎥 Sony a7III camera: bit.ly/3M42wAV 🎬 Sony FE 24-70 f2.8 Lens: bit.ly/3KCCiF0 🎙 Shure SM7B Microphone: bit.ly/3O1NAVA 🔆 Fill Light 60W: bit.ly/37aJolP 💡 Key Light 150W: bit.ly/3O9nyjs 📽 Benro IT15 Tripod for Sony a7III camera: bit.ly/3O4PvJ1 Useful links: 20 books for your 20s: bit.ly/WarikooBooks 20 online courses for your 20s: bit.ly/WarikooOnlineCourses Gadgets that I use: bit.ly/WarikooGadgets The above links are on Amazon. If you buy any of these using the above links, I stand to make affiliate income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L and in 2022 we contributed 53L.

[@sataymshivamsundaram0]

I am earning 10000 and had taken 75000 loan there is emi is 3000 per month Its had become in my fault. I am alone to run my family so I can not save money . Please guide me

[@gorakrisnabhog6516]

Aapke Hisar se Garibaldi Kaun hai

[@AkasaRC390]

Kool

[@TeaBreakKitchen]

Sir What if Vivek took Top-up loan from home loan low interest rate compared to personal loan to pre-pay credit-card overdue with any other loan?

[@all4u558]

Sir I need a financial advice can you give me some time to discuss. Please

[@littlemuffinhero5904]

In 40 min he just sorted out his life. Makes a lot of sense Good suggestions

[@kvsk002]

Even he is earning very good money, he was trapped in this debt trap… that’s why schools should introduce personal finance courses at the earliest age

[@sourabhsingh7489]

Agreed

[@amartyabhattasali896]

Agree

[@pallavik1678]

Nowadays schools will only suck money from parents. Why do they even think of teaching kids on personal finance

[@satishpatil41]

Every benglore same

[@sohilparikh32]

Imagine kid going back home with finance knowlege ask his/her parent, please send me to local schook and invest remaining amount in SIP, after 20 years my monthly payout will be equal to salary of iitian😂

[@harshjain7815]

Ankur's questions: 😃 Guest's answers : 🗿

[@manojmuralidharan8571]

Let's give some empathy to the guy, He was tensed plus worried about speaking about his mistakes 😊.

[@user-cs3iz2ko9b]

He is a genius in taking loans after earning more than 2lakh salary!!

[@Raghav6985]

Trapped.

[@deepakpal3972]

😂😂😂

[@RoshIdeations]

Loan kiya nai jaata, ho jaata hai, just like pyar!... Just that one learns only from their mistakes.

[@DEEPANJANBISWAS]

Genius!! Hope u are being sarcastic. 😅

[@Onemillion2024]

Bhai Mera salary 12k hi haii😂😂 agale sal crore pati banunga😂😂

[@avinash15G]

I would say, close credit card before emergency fund itself. Its more than 36% interest.

[@Silenceisnotgolden]

Exactly. It should be pretty obvious for anybody with common sense.

[@yeswantmanivannan4220]

Same here

[@creativemind8600]

Yes. Correct

[@saranyabalasubramaniam9645]

While that is correct the person said he has zero in bank as of now, so the logic was to pay off the small things that can be closed in full first so that the amounts going for that will stop and then the person can start aiming for bigger things to close! You don’t want to pay 1.30L for cc and still continue to pay cc, and 2 emis 🤷‍♀️

[@jainabhishek8]

I would advise to keep home loan emi constant as it's a cheap loan. Invest the extra amount in equity

[@KisH_16]

The birth of his children served as a catalyst for him to initiate a more structured financial plan, signaling a positive shift towards considering the future. Despite initial apprehension about impending fatherhood, your encouragement provided him with hope and reassurance😊. It's understandable that as we begin to earn, we also seek moments to enjoy life.

[@rajeshpadala026]

Heart pumping analysis..start to end..thank you ankur and the guy.

[@jayaramank3057]

I am senior citizen who is retired . It is a delight for me to watch your videos. There is great clarity of thought and sense of purpose. I am sure many who are watching the video will take follow up actions taking stock of their financial situation and chart a new way ahead. The earlier generation did not have the advantage of technology or financial information but what helped many from financial ruin is that they did not have access to easy credit !

[@dsdsdsds88888]

Sahi kaha Jaya ji

[@punjabiworldwide2097]

3 lac salary vale v paisa manage nhi kr pa rhe hum....30k mein hwa mein ghumte hai haha

[@abhishekbhardwaj6507]

Paisa jinna aaajawe Katt e haiga 😂😂😂😂

[@Deitricklaverne]

Most people miss it but the secret to living and retiring comfortably and without debts is finding a way to make returns while your money works for you. My Dad, as i remember started saving for retirement quite late but I know he was making more than 10k returns from his investments monthly and it was completely passive.

[@Deitricklaverne]

the problem is that most don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high salary in these challenging conditions.

[@V.stones]

It's crucial for individuals to diversify their portfolios, seek professional financial advice, and stay informed about market trends to navigate these challenges effectively.

[@V.stones]

Tax planning is also crucial for optimizing investment returns. If not planned well, taxes can eat into your gains and significantly affect your portfolio growth.

[@V.stones]

Honestly this cannot be overemphasized, helping people mitigate unforseen circumstances and mistakes .It's always good to have a financial plan,

[@camela8445]

This is amazing, I'm curious, how did he do it? Was it real estate? Or he was a market enthusiastic?

[@sprsd3]

This was absolutely an intense one. Fabulous job Ankur for breaking this situation down. Most of us are getting stuck in the urban trap and such videos are good reminder of what not do. Felt ease after seeing the plan you made..

[@sanketsudhal2]

Wow loved this episode. I personally thought he could not come out of it but u made his life pretty easy.

[@dshamith]

Awesome warikoo ji. You got the smile back on that gentlemen s face. 😊

[@warikoo]

😀

[@anshulgarg1298]

It takes a lot of heart to say all this on video. All the best to the brave man! His expressions, especially shape of his lips and eyes were talking loud about his embarrassment and what not. The moment he said, we are expecting and a baby is coming in the next month, warikoo ji ka toh game hi hilgya. Main toh dargya bhai. Jai Mata ki.

[@warikoo]

True

[@percy69127]

Thank god, I started early and I am almost paying out my loan. This was very scary video

[@santhoshhn5953]

Wow.! Fantastic Anckur.! If he really sticks to the plan then he will certainly achieve that mark.! Analysis and then give him a solid plan that's really wonderful. Fix your finance & these episodes are my favourites. ❤

[@krishgarg5665]

Such a great video Ankur, this guy was in intense pressure and you gave in PRACTICAL HOPE, the smile at the end shows it feels much RLEAXED now. This also teaches us something that HIGHER INCOME doesn't necessarily means a HAPPY/SORTED LIFE, at this point I can imagin having income of 3.5L and be sad but this is a real example. This money matter series not just helps that guest but also inspires and guide us as an Audience, thanks! KEEP POSTING

[@hazratbhat4629]

Ankur ! You are Really doing a great job. Thank You for Sharing the wisdom that you acquired through hell a lot of mistakes.

[@somahari5157]

"Ankur, your wisdom has transformed my life! After watching your videos, reading your books, and diligently applying the Power of 72 principle, I've achieved what seemed impossible. From nothing to 25 Lakhs in just 2 years, all thanks to your invaluable insights. You've proven that true wealth isn't just about money, but the knowledge and mindset to make it grow. Forever grateful!"

[@daily-dose3669]

how can you please explain

[@yogeshkochale6532]

Very nice series, I learned lots of things from this. And it's help us to financial independence.

[@ugadmissionsbymeetgarg8455]

Thank you Sir Warikoo for your advise. I am 24, earning 1.4 Lacs a month. Having term insurance of 2 Crores, having health insurance, paying of my father's home loan, Paying of my education loan (Slowly for the tax benefit & lower interest rates), the rest goes to my SIPs. All because of you, I have been following you from last 2.5 years. Doing whatever you say because it makes a hell lot of sense.

[@geethascharlu5622]

See the gradual relief smile, feel our loans are being cleared. Good Ankur help people..

[@swakshatra]

Ankur hats off. No words. The way of explaining. 🎉

[@akhilbabu2315]

This is a gud one. Hands off to him being transparent. He looks really worried and stressed with the situation. Hope everything will be back on track gor him soon...

[@PalBose]

Stressed...? This guy after so much expenses ,looks calm n smiling...like a fake case study.

[@anjanamahakhud6318]

Loved this episode ...,u gave him a right path and make him smile 😊😊😊

[@viveksanghvi3407]

ankur .....a big shout out to a genuine and magnanimous motivator... KUDOS......keep up with the good work brother

[@umeshtilak]

The approach that Ankur suggested looks to be the best. But the important thing as Ankur said in the video to the gentleman “Do not get trapped in personal loans again” is a very important thing he should keep in mind. Since sometimes emotional pressure overcomes reality. Great video.

[@peterjohn7791]

what a wonderful story, learnt lot from this conversation it's mind blowing I would say

[@durgasurekha4932]

Hi Warikoo and team, amazing work. Hats Off to your efforts.

[@AriseReaders]

It's very knowledgeable and Informative Best finance expert @Warikoo sir ❤

[@Bullsandbearbulletin]

Good advice..let’s hope he will sincerely follow..best wishes

[@pardhucvps]

It's tough to come out and accept that you are in a financial trouble and seek help. Glad that he did it. Hope he achieve financial freedom soon and glad that you are helping out people come out and seek help and overcome that debt trap.

[@satyari254]

Great calculations and suggestions..!!

[@Aniketkinhikar]

Best video of the series, I learned a lot from this session today 👍

[@ganeshraoma]

Master piece and good guidance and no school teach these !!

[@RandomHindu]

In this money matter series i think ankur sir is also get to know how its different in real life than 50 30 20 rule. Real world has real problem and i am sure he did not told many expenses for wife and him clothes , relative visit etc etc. Worst part is as our salary increase our expense increased 3 times.❤

[@parmy04434]

Lovely Ankur Sir. Your are gem of person.

[@rahuljh_]

In the beginning, I thought this was going to be a very toughest problem for Ankur Sir but you solved it with a very wonderful strategy. Good advice sir 🙏

[@sasankav1969]

Ankur is si genuine and he always encourages people and boost up their efforts rather than criticizing them . Good efforts and helpful

[@Raviraj-do9mf]

Wonderful Ankur 🎉 This is a classic case of Ignorance of Personal finance. Don't live showoff life.

[@vidyamane9278]

Very useful information and thanks for sharing ❤ Appreciate your guidance 😊

[@Itzmegourab]

@warikoo - I always learn from your videos. Thanks a lot Ankur. You very well coined it i.e. "Urban Trap". Most of the folks (especially IT guys) who would like to lead a comfortable life has been part of this trap. I have one suggestion: Let's not give them a figure based on anything beyond 12% irrespective of Midcap, SmallCap, Nifty 50. Let's guide them by showing absolutely figures not more than 10-12%. They will panic when they go through negative returns for few months.... Just my suggestion.

[@deepakjadhav8992]

The one thing i noticed in this conversation..after paying everything he still left with more than 70+k per month and he said he didn't had single rupees in account..btw @ankur sir awesome session ...

[@annmichael7553]

Maybe he was not taking his wife's money into consideration.

[@geethabalakrishnan7355]

Yes

[@saurabhtravelvlogs]

I think there are some miscellaneous expenditures being missed in the assumptions such as shopping needs such as clothes, books, home accessories, religious needs, entertainment like movies, parties, house help, etc and this is pretty much why he has zero in his bank balance. Because of this, the assumption that he is saving 70k goes for a toss

[@kns003snk2001]

@@saurabhtravelvlogs Yes exactly. I was waiting to see this comment. His expenses are more than 1L/month. Else he wouldn't have taken so much loans.

[@shrayanrawal7896]

His wife might not be trusting him with her money

[@shivanandMadiwalar-eq7gq]

Sir Below points are my suggestions , 1) His home loan EMI Around Rs 67 k in that interest only around Rs 60k, 2) basically vivek is not staying in bangalore permanently due to his native is Vizak just sell the house with good market rate may be he will get it around 15 to 20 lakhs excess amount for that amount to use repay the existing liabilities. 3) In bangalore city around 15 to 20 k with part furnished house will get it rent ( Just look into home loan Interest part around 60k interest, instead of paying Rs 60 k interest Rs 15 to 20 k rent payment is best option and you will save 40 k every month in that ) 4) after that you are sending Rs 20 k to parents just increase that amount as your wish and inform to parent save the amount and try to invest in land( NA plots) in your native place. 5) Try to build house in your native after certain period because end of the day you will go to your native place only. 6) Vivek just think as much as practically, In your scenario you have large liabilities first thing come out from liabilities then think about savings. 7) In bangalore any time job losses is their at any movement at any reason so come out from the liabilities.

[@growyourself1064]

I think that's not a smart decision,

[@rajeevsingh2747]

Better

[@aftabchand7942]

that is an amazing episode. I made the same mistake taking so many loans. thanks for your clarification sir.

[@user-tn7cw4co8m]

Really helpful and learnt a lot from you ankur

[@sandy2462103]

great visionary calculations!

[@SarangaVlogs]

Wow.. this is the best explanation ❤ I learned a lot from this session.. Very good. Subscribed ❤

[@udaywalawalkar5528]

Great episode and learning to me also…..thanks…

[@Chandramohanexperiencesoflife]

This is my first video from this subscription. Simply awesome 👍👍👍

[@amrendrakumar2134]

U have quality of a best teacher.

[@SJ-be8ip]

You are toooo good Ankur!! Keep doing amazing stuff!!!

[@surajmondal3355]

Great knowledge sir. I am student. Really I m getting more informative from your video's

[@muzammilkhan5354]

Hey Ankur, Enjoyed watching it. This was good. This is a classic case of a lazy attitude towards finances and a self-created trap lured by quick fixes. Your analysis seemed very appealing and paving a flowery path with a regimented small-step saving plan.

[@vijaygorambekar7378]

Bravooooo man... good luck

[@KuldeepNegichannel]

Superb.....👏👏👏👏👏👏👏 So proud of you 💐💐💐😊👍

[@pranavnaik1947]

Nicely planned and explained. That guy should be more thankful.

[@CreativeBox2024]

This session was intense but I am sure may of us can connect to it! I always thought loan traps are for ever 😮 this video was an eye opener! 👍🙂

[@sureshpc102]

Wonderful sir. Great advise.

[@svrraju8673]

Appreciate your efforts Ankur and the Guy has shared his expenseses very cleary..we can appreciate him as well.Thanks for both of you for the session.

[@frankfernandes8216]

Very nice calculation sir and good advice.

[@sreekanth4050]

Good job, Ankur ❤

[@taraknathbhattacharjee5442]

I like the word “Classic Urban Trap” to which most of us fallen prey & now struggling with our existence! Great introspection & feasible solutions rendered by you sir, this will help many of us.

[@bhikshamaiahg8669]

Wonderful analysis and advice

[@AnoopJCL]

Chanced upon this video. God bless you, Ankur for helping grant peace of mind to a soul.

[@kolhapurkarpatil]

Good work, We require more such case studies video to understand how to get out of the debt traps

[@mixedcontent3587]

Thank you sir for the Great insights...👍👍👍👍

[@boopalandharmalingam7131]

within this 48.25 minutes, you made Mr. Vivek entire mind free from all the debt. Amazing sir, I believe this video is not only for the young man Vivek, it will help for the most of the middle classes family leads. I am really feel Mr. Vivek is very lucky that he was very young and he got a very very good suggestions and escaped from the worst trap at the early stage. Right now I am 42, and my life is also same like Vivek trap. Will try to close all my debts aeap Sir. Thanks for my friend Mr. Balaji, who shared your video which is really work for me to get away from the financial traps. Thanks a lot sir.

[@SagaramM]

Thanks for such informative video 🙏

[@percy69127]

Vaamo, Nuvu endi ra aaya, nakka anna daridram lo unnav. But kudos for taking this step, it will help many. I wish you all the best

[@KshitijKumar-eu3of]

lovely video to give some deep insights even i was and is still trapped in loans loans due to online gambling and many such activities which has destroyed my house savings two times my family pulled me out of these loans still i do have two loans remaining which i took again now i will close these loans too and would never go towards that dark path financial education is not a joke and would like to comment that young people are getting destroyed through online casinos and fantasy apps and there is a need to spread awareness about these as well Thanks for the video

[@Rd0821]

Wow fantastic wow superb. Etc etc .... Telling something to do is easy but working on it is tough for middle class guy.

[@The1club111]

As Always Valueable Content 💥

[@prernapradip5886]

Thank you sir for explaining finance in simple way. Request you to also share how to calculate inflation adjusted future earnings to decide what SIP amount to invest now.

[@taritdasgupta]

Eye opener for many...

[@HAAli786]

Bhai aaj kal insaan ki kamaieee se jyada unke kharchey hogaye hai kyu ki jo bazoo wala kya karega usko dekh kar mai bhi wohi karoo to isme he insaan trap hojata hai so jiyada showoff nahi karni chahiye.... Lekin bande ko acche se samjhaya aap ne good bhai.... ❤

[@HarishChouhan]

Wow that was a detailed video.

[@Ansar-382]

Good job 👍🏻 ❤

[@SuperSharabh]

Loved this episode

[@nawangloday6072]

This is a great experience being shared worth watching this….

[@DrKallalPramanik]

The session, as usual, is highly effective and insightful. One suggestion for improvement is to include a discussion on the poor investment choices that led to the debt trap, despite substantial earnings. This learning opportunity would be beneficial to viewers.

[@warikoo]

Great suggestion

[@SureshK-en9zx]

Great video which I have seen recent times

[@Amit_Sharma00786]

He is "Loan legend".

[@NeerajSharma-qg3qi]

Nice show Ankur ji . Great

[@VishalSharma-vb9qd]

Great Video. It is very insightful. Thank you for making it, Sir. In the calculation at around 22:30, did the investment amount got deducted twice or I missed something? We removed the investment amount from the calculation on top right and also added the same amount in the surplus money.

[@bhaskartene8747]

Hi sir I am Andhra Pradesh telugu language but your videos all amazing... So this session amazing so keep doing....❤❤❤ Super session

[@mayu-zj2vo]

Very good session sir

[@bhaskarjsharma2640]

Kaun hai ye log Jo mahine ke 2-3lakh kamaa rahe hain.. Gareeb logo ke liye bhi video banao ankur ji

[@sanjibangarai5208]

Then come the part 42:46 I have baby next month 😂

[@Makchoman]

Mehnat karke source of income badhao brother

[@Makchoman]

Mehnat karke source of income badhao brother

[@I_amNoob]

Personally I don't feel that amount is that much big, It can be achieved.

[@arvidelltd.3259]

Bhai ep 10 dekh le

[@anamikalama0520]

Enjoyed thoroughly

[@user-cs3iz2ko9b]

Correctly said Classic urban trap

[@RoyalRajwadaPhotography]

great show thanks

[@AjN90]

Lovd it 🙏🏻

[@Chhexxy]

Insightful

[@user-oi9sr4is5r]

I have been bulldozed by this gentleman's BORROWINGS.

[@MrMik693]

In this much salary this guy is taking loans...hats off

[@inquisitiveindian]

Sir I saw some mistakes in calculations .... He has PF money approx 4-5 lakh so that could be his emergency fund . Also the car loan now today is 7 lakh after 14 months it should be around 5 ... So he could clear all this within 12 months ... If I were in his place I would reduce my expenses for at least 1 year and Target to clear all Loans ASAP and learn to manage finance . For him - Please sacrifice a year bro control your wants and that should be our punishments for our mistakes so that we don't repeat. Best of luck 🍀

[@garvsethi9938]

PF is not an emergency fund there are conditions to withdraw it. Emergency fund should be something u can easily access during emergency

[@subramanyamshankar1767]

PF is for retirement.

[@kodidatascientist6978]

Ankur & Vivek what a super podcast man. 1st time I watch complete podcast. True I special thanks to Vivek that we software most fall in financial trap. This podcast wake me up & gave a thinkable for the future as well. Congratulations for ur new baby and before she come to the world Vivek will debt free. That's why girls are called Laxmi & debt free fir family. This is wake up call for me. Mr. Ankur I Want to take your advice for financial planning . Is there any possibility to reach you only. Thanks man..

[@vigneshravichander5675]

Its great someone is helping him on needy. However sharing salary may give an impact on him as it is against office policy. Hope this brother is not getting into more trouble. Its an educational video for viewers and damn risk for the person on camera.

[@AVSMansa]

We all make mistakes, Its okay bro, God bless you and you family ❤

[@NoisyBoyMotoAdventures]

Most of us middle class people are trapped in the debt traps and lifestyle upgrades. I have gone through this face and ended up pretty bad, but going through happy stage now. I see the individual is earning really well, but decisions have gone bad in lifestyle upgrades and showing off status. I see his face says it all and situation might be still pretty bad than what he has to say. But with patience and cutting off all unnecessary expenses he should be able to overcome the expenses. All the very best.