The salary is similar to what I used to make in 2005 (with 2 years of experience). I am surprised that salaries haven’t changed much in the last 19 years
@@Blitz270 I started with 3.36 lpa in 2018. After 5.5 years & 2 Switches currently I am at 13.43 in my hometown & I am not an an extraordinary performer or anything, I am always above average. I am planning for the next switch in 2024. Let's see. Hope it gives you an idea. 👍🏽
guy is earning 3.50 lacs and working for 2 years ....he made 14 lacs from his investment and has another 2.50 lacs in mutual fund for payment ....what kind of conversation is this ...
saying is to first watch then comment. he never said that 14lacs was paid by him. Just the 2.5L in MF is what first slab payment he will do and the remaining 10-11 lakh has to be paid after 2-3 yrs for which he will save as much possible.
This kid is highly privileged, He should be a little relaxed, his father has done the job for him. One generation has already built the asset, this kid can be more aspirational. Unlike who has to build from scratch.
Seems to be a well focused guy...but his friends misguided him into buying a house totally not worth it...these loans are wealth killers when ur not able to afford it..Good Episode.
This person used to spend ₹14,000 to go to the office via car while earning ₹30,000. God bless him. I just wonder where this spending behavior will go as he starts earning more. Not even God can help him.
I'm hoping to retire next year at 55. My goal this year is to be more serious and consistent with my investments I've been investing since I was 22. 2024 is going to be more serous for me investing consistently for the long term. starting to save for a house down payment. I want to invest more than $105k, but I'm not sure on how to mitigate risk
Its unclear which stocks and sectors will lead the market in the next uptrend. It is advisable to diversify while retaining 70-80% in secure investments. looking at your budget, you should consider financial advisory.
A good number of people discredit the effectiveness of financial advisors, but over the past 10years I've had a an advisor consistently restructure and diversify my portfolio/expenses and I've made over $3million in gains... might not be a lot but i find myself secure financially
Samuel Peter Descovich is the analyst that helps me. He has a large following and is easily found online. He has extensive understanding as I have made so much since following him.
Its better to start with a 30 year loan and also start an SIP simultaneously in an index fund . The returns from index fund would be significantly higher compared to home loan rates. Once you have build enough corpus with the mutual fund, use that to pre pay the home loan.
One issue I have with this logic is that, home loan emi are a almost fixed expense. No matter what happens to the economy one has to pay 6-9% interest on that money. Whereas index fund returns are variable and very market dependent. So this strategy has a risk of over leveraging oneself and ends up losing a lot of money in interest. Another issue with this strategy occurs if someone does not invest regularly or stops the sip because they feel the market is at an all time high. But then does not start the sip again at a later point. The extra cash remains in the bank account rotting away. Strategy looks good on an excel but can have very real execution challenges.
Correction - The taxation figures mentioned for debt mutual funds at 12:27 are incorrect. From 1st April, any capital gains earned on investments made in debt funds on or after 1 April 2023, will be considered as short-term capital gains and added to the investor’s income and taxed at the applicable income tax slab rates, regardless of the investment holding period.
Bhai tum kya sirf Bade City me rahne wale Lakho per month Kamane walo ki hi Help karte ho kya..? Ya phir Chote city me rahne wale hazaro me kamane walo ki bhi help karte ho 😏
WTF! I'm in cyber security from last 4 years, and you CAN'T expect a jump of 100% just by doing CEH. CEH is of practically no use its just another cert.
being a CA I can say even Ayushman don't have much idea about finance, is income will quadruple in next 4-5 years, he has a safety net from the family also so buying a home is not a bad decision, as once the construction is complete price of increase by almost 20 to 30%, and Pune is growing superfast the residential real estate has grown like more than 20% and last 3 years. father is income is not high to attract capital gains. So selling the mutual funds won't be a bad idea.
Anshuman please stop giving financial advice to these guys who don't have financial knowledge. If they understand finance then money supply and flow in india will decline. Then we have to face big unemployment problem. If everyone cook for themselves then what will happen with hotels.
घर ले लिया बढ़िया किया। एक कम्पनी चेंज करो..24 लाख का लोन खत्म करो। मैक्सिमन 3 साल में। उसके बाद कुछ भी मत खरीदना। सिर्फ SIP करना और करते रहना। पैसा बन जायेगा। घर लेने का फैसला बिल्कुल ठीक है। डरना नहीं है। 24 लाख कुछ भी नहीं होता है। इतना पैकेज आराम से मिल जाएगा IT में। बस पढ़ो और बढ़ो।
Bro buy whatever you want and sell whatever you have if you want. Don't give financial advice to job holders. If there is no buyer then how will businessman sell products? 1 lakhs after 21 years of repeating business can become 1.28 cr. Starting a small business is not difficult for job holders. So people who don't have job can become rich only by business. If job holders engaged himself in both activities then there will be big problem.
No, if the bank gets amount pre payed early they can invest somewhere and make assets or profit, or they can give loan to some other person and gain interest from them too. So the bank always accepts the prepayment or early payments of loan. In home loan there is no prepayment charges, yes in personal loan there is the charges.
I don't know what you have gave him to fix his finances condition, he said 10cr wealth he want to build and said about his loan. At the end you haven't given any solution or tips. just wasted my time
Anshuman ji galat advice de rahe ho : on an average 15 to 18% ka gain aayega , and considering the market and election year it could be much higher even after exit load and tax payment he will be gaining more than normal bank account
Kuch bhi….he told the downpayment(14lakhs) is slab wise…he has paid a downpayment of 4lakhs until now and for next slab he is gonna withdraw 2.5lakhs from mutual fund not 20lakh!!
@anshumanfinance - Great video, a quick question related to home loan. Option 1: Increase my home loan monthly EMI by 5000/- | Option 2: Make a pre-payment of 5000/- per month, keep EMI same. Which option benefits me more, considering there's no pre-payment penalty and someone is diligently willing to pre-pay every month without fail?
Better to pre-pay annually, as the pre payment reduces the principal amount that would reduce the total interest a lot. However, if you simply increase the emi, you'd still be paying mostly interest as a part of the emi.
I earn 40k a month in a small town in jk, looking at the daily expenses, I don't think I can afford a 1-2lakh bike, p.s I'm single and live with my parents.
Been watching your videos & felt, especially of salary brackets 15L - 40L (Combined income) would be good to be reviewed as most of the IT professionals fall in this bracket! Thus, a lot can relate to the mistakes they commit & areas of correction/avoid commiting such.
If u want to sleep then better sleep and then make the video.. No energy no interest in making the video.. Just for name sake you are making the video..
There are zero pre-payment charges in public sector banks. Infact in my bank you can even close a personal loan (let alone a housing loan) within a week of taking it without incurring prepayment charges.
Mumbai jaisi jagah me 4.2LPA is too low bro mtlb too much low Hamare Maa-baap ki savings ne hi Tier-3,4 sehar k logo ko bacha rkha hai warna to Tier 1-2 cities me bahut bure haal hain sb karz me dube hain
i have SIPs in mutual funds which are running from 4 years. Now i want to withdraw the amount. but latest SIPs were invested last month only. Do i have to pay exit load and Tax deduction will be there? can i do partial withdrawl to avoid exit load and tax?
The units bought after the exit load applicable tenure incur exit load. In your case the units you bought before 1 year won't incur any exit load. Partial withdrawal is totally possible. You can just withdraw 3 years of corpus and leave recent 1 year corpus invested.
Wooo we are paying 26000 to our worker I shop and food is over and even accommodation is over and one month sallery bonus on Diwali and he is just 5 class educated and he is after education in engineering is working in 30,000 ooo so sad to see him after so many year education and so much money spending still he is in this condition
You cant increase 10% salary increase to your workers every year, and if your worker switch to another shop he cant demand to increase his salary to 30% hike. Think about the future, not present😅
TCS TCS TCS TCS 🤩🤩🤩🤩🤩
Discuss about inflation rate also
Pankha chala do
The salary is similar to what I used to make in 2005 (with 2 years of experience). I am surprised that salaries haven’t changed much in the last 19 years
There are companies that pay better than that in this economy. You just need to look for them and be skilled enough to make it.
What are you making as of now, curious to know about how much growth we get in IT companies?
@@Blitz270 no longer in India, so doesn’t apply
@@Blitz270 I started with 3.36 lpa in 2018. After 5.5 years & 2 Switches currently I am at 13.43 in my hometown & I am not an an extraordinary performer or anything, I am always above average. I am planning for the next switch in 2024. Let's see. Hope it gives you an idea. 👍🏽
@@Gyaan_paapi great bro..🤌🎯
Anshuman is either didn't get sleep for 4 straight days or high on something way too good 😁
😂😂
😂😂😂
Insomnia gang, where you at?
I think Anshuman has fixed his diet. He is getting slim.
@@muktharmuhammedmukthar2662 😂😂
TCS. Even if you upskill its through elevate path and you et 7.51 at your exp level.
guy is earning 3.50 lacs and working for 2 years ....he made 14 lacs from his investment and has another 2.50 lacs in mutual fund for payment ....what kind of conversation is this ...
saying is to first watch then comment. he never said that 14lacs was paid by him. Just the 2.5L in MF is what first slab payment he will do and the remaining 10-11 lakh has to be paid after 2-3 yrs for which he will save as much possible.
This kid is highly privileged, He should be a little relaxed, his father has done the job for him. One generation has already built the asset, this kid can be more aspirational. Unlike who has to build from scratch.
Seems to be a well focused guy...but his friends misguided him into buying a house totally not worth it...these loans are wealth killers when ur not able to afford it..Good Episode.
This person used to spend ₹14,000 to go to the office via car while earning ₹30,000. God bless him. I just wonder where this spending behavior will go as he starts earning more. Not even God can help him.
Look at his house, the sofasets, etc, all very expensive. It means his parents are super rich so his salary is pretty much his pocket money.
Bhai tu apna dhek
Blows my mind that educated people don't have any idea of finances.
Pre Payment Charges are only for fixed interest. Usually home loans are flexible Interest, which doesn’t attract any pre payment charges.
I'm hoping to retire next year at 55. My goal this year is to be more serious and consistent with my investments I've been investing since I was 22. 2024 is going to be more serous for me investing consistently for the long term. starting to save for a house down payment. I want to invest more than $105k, but I'm not sure on how to mitigate risk
Best thing you can do to derisk is diversify.
Its unclear which stocks and sectors will lead the market in the next uptrend. It is advisable to diversify while retaining 70-80% in secure investments. looking at your budget, you should consider financial advisory.
A good number of people discredit the effectiveness of financial advisors, but over the past 10years I've had a an advisor consistently restructure and diversify my portfolio/expenses and I've made over $3million in gains... might not be a lot but i find myself secure financially
Being heavily liquid, I'd rather not reinvent the wheel. Since this strategy works for you, how can I contact your advisor?
Samuel Peter Descovich is the analyst that helps me. He has a large following and is easily found online.
He has extensive understanding as I have made so much since following him.
Worst episode 😢
Why bro 😮
Its better to start with a 30 year loan and also start an SIP simultaneously in an index fund . The returns from index fund would be significantly higher compared to home loan rates. Once you have build enough corpus with the mutual fund, use that to pre pay the home loan.
Yes. Average home loan tenure will reduce as he start to earn more and prepaying the loan. As he's upscalling himself which is right direction
Well said. Those who are against real estate doesn’t look into these options unfortunately..
One issue I have with this logic is that, home loan emi are a almost fixed expense. No matter what happens to the economy one has to pay 6-9% interest on that money. Whereas index fund returns are variable and very market dependent. So this strategy has a risk of over leveraging oneself and ends up losing a lot of money in interest.
Another issue with this strategy occurs if someone does not invest regularly or stops the sip because they feel the market is at an all time high. But then does not start the sip again at a later point. The extra cash remains in the bank account rotting away.
Strategy looks good on an excel but can have very real execution challenges.
When you're influenced by finflunecers too much 😂
bro don't start sip start a booster sip
I have just come to Mumbai for my internship and this video is what i needed
Correction - The taxation figures mentioned for debt mutual funds at 12:27 are incorrect. From 1st April, any capital gains earned on investments made in debt funds on or after 1 April 2023, will be considered as short-term capital gains and added to the investor’s income and taxed at the applicable income tax slab rates, regardless of the investment holding period.
Please pin this comment
Bhai tum kya sirf Bade City me rahne wale Lakho per month Kamane walo ki hi Help karte ho kya..? Ya phir Chote city me rahne wale hazaro me kamane walo ki bhi help karte ho 😏
Anshuman ,first of all take care of ur health . U should also visit small towns bcz savings in small places are more as compared to metros
Worst Episode so far. Privileged kid
When he said opd bhi hai , confirmed he is from TCS 🤫
WTF! I'm in cyber security from last 4 years, and you CAN'T expect a jump of 100% just by doing CEH. CEH is of practically no use its just another cert.
Itna loan kis bank ne diya waise itni salary mai ????
I think his father is co applicant for the poan
bruh ceh is so much irrelevant now in terms of skills
Bro works in TCS 😊
Taxation on debt funds mentioned is totally wrong. Please rectify it !
Bahut paise wale baap ka beta hai. Doesn't need to fix his finance. Dad will take care
Is there any other's ways to grow salary staying in TCS other than On-site or TCS Digital? Thanks
Switch kar lo
Switch 😂
No way other than digital
anshuman sir, you are looking low on energy
Looking at his shirt i think cricket match dekhne jaa rha ya fir dekh ke aa rha and usi time ahoot hua ho i guess?
@@shubhojha1004 Shot this video after an intense workout!
P.S. I took a shower and went :P
Anshuman please take care of your health and sleep 😅
Why does his body looks huge compared to his face it looks like edited idk why is it so
17:13 💀🏳🌈
BC💀💀
being a CA I can say even Ayushman don't have much idea about finance, is income will quadruple in next 4-5 years, he has a safety net from the family also so buying a home is not a bad decision, as once the construction is complete price of increase by almost 20 to 30%, and Pune is growing superfast the residential real estate has grown like more than 20% and last 3 years. father is income is not high to attract capital gains. So selling the mutual funds won't be a bad idea.
Anshuman please stop giving financial advice to these guys who don't have financial knowledge. If they understand finance then money supply and flow in india will decline. Then we have to face big unemployment problem. If everyone cook for themselves then what will happen with hotels.
घर ले लिया बढ़िया किया। एक कम्पनी चेंज करो..24 लाख का लोन खत्म करो। मैक्सिमन 3 साल में। उसके बाद कुछ भी मत खरीदना। सिर्फ SIP करना और करते रहना। पैसा बन जायेगा। घर लेने का फैसला बिल्कुल ठीक है। डरना नहीं है। 24 लाख कुछ भी नहीं होता है। इतना पैकेज आराम से मिल जाएगा IT में। बस पढ़ो और बढ़ो।
Wages hasn't increased as much as cost of living. Vote for change in 2024.
He is working in tcs i think 😅
Correct 😅
Why bro
Bro buy whatever you want and sell whatever you have if you want.
Don't give financial advice to job holders. If there is no buyer then how will businessman sell products?
1 lakhs after 21 years of repeating business can become 1.28 cr.
Starting a small business is not difficult for job holders. So people who don't have job can become rich only by business. If job holders engaged himself in both activities then there will be big problem.
Hey Anshuman, are you okay? Your eyes don't look great. Please take some rest. Have a good amount of sleep.
His hpme doesnf look like 30k salary , so nice ambeince.. 😊
It's his father's house
Parents house.
This boy finance is already fixed and done a fabulous decision.
Mujhe pata hai video mein kya hoga
No, if the bank gets amount pre payed early they can invest somewhere and make assets or profit, or they can give loan to some other person and gain interest from them too. So the bank always accepts the prepayment or early payments of loan.
In home loan there is no prepayment charges, yes in personal loan there is the charges.
Bro works in TCS
I don't know what you have gave him to fix his finances condition, he said 10cr wealth he want to build and said about his loan. At the end you haven't given any solution or tips. just wasted my time
Tcs me he bhai
Anshuman ji galat advice de rahe ho : on an average 15 to 18% ka gain aayega , and considering the market and election year it could be much higher even after exit load and tax payment he will be gaining more than normal bank account
biggest mistake to withdraw 20L from market and buy home abhi wo 40 to 50L hota
Its parents money how can someone earning 3.5LPA generate such Corpus in mutual funds.
Unless he picked some MULTIBAGGER stocks
Kuch bhi….he told the downpayment(14lakhs) is slab wise…he has paid a downpayment of 4lakhs until now and for next slab he is gonna withdraw 2.5lakhs from mutual fund not 20lakh!!
@anshumanfinance - Great video, a quick question related to home loan.
Option 1: Increase my home loan monthly EMI by 5000/- | Option 2: Make a pre-payment of 5000/- per month, keep EMI same. Which option benefits me more, considering there's no pre-payment penalty and someone is diligently willing to pre-pay every month without fail?
Better to pre-pay annually, as the pre payment reduces the principal amount that would reduce the total interest a lot.
However, if you simply increase the emi, you'd still be paying mostly interest as a part of the emi.
I earn 40k a month in a small town in jk, looking at the daily expenses, I don't think I can afford a 1-2lakh bike, p.s I'm single and live with my parents.
CEH is a beginner cert lol.
bhai thkda well dressed to raho 😂😂 esa lgg raha nukkad se ek dost aya hai time pass krne😅😅
Been watching your videos & felt, especially of salary brackets 15L - 40L (Combined income) would be good to be reviewed as most of the IT professionals fall in this bracket! Thus, a lot can relate to the mistakes they commit & areas of correction/avoid commiting such.
Noted, next few videos will be relevant for you
3:57 which insurance company?
If u continue making the video while sleeping then better we unsubscribe your channel
Why you look sleepy in this video?
If u want to sleep then better sleep and then make the video.. No energy no interest in making the video.. Just for name sake you are making the video..
There are zero pre-payment charges in public sector banks. Infact in my bank you can even close a personal loan (let alone a housing loan) within a week of taking it without incurring prepayment charges.
make more money
bhai tu tcs mai h na 😂😂
CEH won't help him in getting 8 LPA at max you can go upto 6....then after some experience he can get more
if site value is 2000sqft for 30*40 in next 5 years what would be the value ?
He earn 3.5 lakhs, not in tax slab, he not to pay in any short term gain or long term gain taxes right now 😂
Bhai yeh micky mouse walah background music hata de
Mumbai jaisi jagah me 4.2LPA is too low bro mtlb too much low
Hamare Maa-baap ki savings ne hi Tier-3,4 sehar k logo ko bacha rkha hai warna to Tier 1-2 cities me bahut bure haal hain sb karz me dube hain
Why buy a house when you pay exorbitant interest for 30 years or 20 years..
One of the poorest MNC - TCS
Good that he purchased house at a very young age even though I won't do that. Closing the loan is not a big deal if he can increase his earnings soon.
Ab aaya uat pahad ke niche 😅😂
Wipro Wipro Wipro
TCS thing xD
Bro works in TCS
Bro is from TCS😂😂
There is no prepayment charges in home loan as per rbi guidelines
3.36 tcs
Anshuman sir ....iam govt mbbs doctor have loan of 70lakhs.
Becoz of father mistakes.....
Iam unable to manage finance please help me
Hmm, what is your monthly income?
Around 7 mins time i lost hope 😂
i have SIPs in mutual funds which are running from 4 years. Now i want to withdraw the amount. but latest SIPs were invested last month only. Do i have to pay exit load and Tax deduction will be there? can i do partial withdrawl to avoid exit load and tax?
The units bought after the exit load applicable tenure incur exit load. In your case the units you bought before 1 year won't incur any exit load. Partial withdrawal is totally possible.
You can just withdraw 3 years of corpus and leave recent 1 year corpus invested.
Wooo we are paying 26000 to our worker I shop and food is over and even accommodation is over and one month sallery bonus on Diwali and he is just 5 class educated and he is after education in engineering is working in 30,000 ooo so sad to see him after so many year education and so much money spending still he is in this condition
You cant increase 10% salary increase to your workers every year, and if your worker switch to another shop he cant demand to increase his salary to 30% hike. Think about the future, not present😅
Ayushman should also start fix you fitness. Ayushman raj kya hai fitness ka bhai ???
Who the hell is Ayushman? Apne Khurana ji ka londa?
This guy has huge hands 😮
He himself is huge
bc😂😂😂
TCS me job kaarta Hai bhai
Banda tcs ka hai
HDFC 4%prepayment charges
Same India🇮🇳 shirts😂😂
boring episode
Which health insurance is this? Opd wala?
He is working for TCS
Bhai kidar khogeye the, dhund raha tha do haftoh se idhar se udhar. Finally video toh agai, but you are looking too tired bro. Have a good sleep 😴
Bro....upgrade yourself too
Tcs😂😂😂😂
He is definitely in TCS 😁
Infosys guy spotted.
living* - Surviving.
Tcs ka banda hai😅
Anshuman great interview with khali sir 😀
Ok keyboard warrior 😂
Nice share bhai
Anshuman visit me… no not to fix my finance….But to fix yours.
Advertising a company like Dream 11 goes against the creed of fix your finance. I feel sad about this.
when did we advertise Dream11?
Your tshirt says dream 11, does it not?
@@amitsuju bro that's the Indian cricket team's jersey
Pakka TCS🎉🎉🎉
you are doing really great work bhaiya really by heart