Living on 60,000 per month in Bangalore | Fix your Finance Ep 20

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  • Опубліковано 29 гру 2024

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  • @yogamrao1440
    @yogamrao1440 2 роки тому +343

    For People wanting to get high salaries in places like bangalore, mumbai etc. Focus on increasing your networth investing in yourself (upskill, educating etc) instead of investing on mutual funds, stocks, debt instruments etc. I used one year of time and consistency to work my income from 9LPA to 35+ LPA. Now able to invest higher proportion on savings.

    • @agnimitram340
      @agnimitram340 2 роки тому +10

      You are also in IT I suppose?

    • @yogamrao1440
      @yogamrao1440 2 роки тому +31

      yes sir.... but this applies to other industries as well. the hard task is to identify/research the skills needed to upgrade and betting on your research. For eg. if in marketing, upskilling on market research. marketing models and use cases etc. If you are a Core engineer, focusing on field work practices, management courses etc (I am not an expert, but you get my point)
      The point is be it what ever field, on top of hard and dedicated work, upskilling definitely will improve either the income or designation.

    • @chandan403
      @chandan403 2 роки тому +1

      What skillsets did you acquire?

    • @hemanggoyal8102
      @hemanggoyal8102 2 роки тому +1

      Nice joke 😂..

    • @hemanggoyal8102
      @hemanggoyal8102 2 роки тому +2

      Could u resonate the amount to in-hand??
      Evan top iim people don't get these packages

  • @abhishekbhattacharya8388
    @abhishekbhattacharya8388 Рік тому +63

    It feels very good to see people like him that at the age of 26 he gained a very good amount of financial literacy.

  • @CollinDavis
    @CollinDavis 2 роки тому +155

    This guy at 25 is far ahead of the crowd. Kudos!

    • @sprajosh
      @sprajosh 2 роки тому +4

      Far ahead as in?

    • @CollinDavis
      @CollinDavis 2 роки тому +22

      @@sprajosh doing very well with his asset allocation than a lot of people his age

    • @kumaramiya4488
      @kumaramiya4488 Рік тому +9

      Thanks man

    • @availablehanddle
      @availablehanddle 10 місяців тому

      ​@@kumaramiya4488how much u making now

  • @bangalorehousewifepoonam5956
    @bangalorehousewifepoonam5956 2 роки тому +29

    Bahut bada Dil Hona chahie Apna finance Kisi Aur Ke Sath discuss karne ke liye🙃

  • @DevShh
    @DevShh 2 роки тому +7

    thank you anshumann. superbbb audioquality. APPRECIATED

  • @AvisekSen
    @AvisekSen 2 роки тому +38

    Investing 20K (1/3 of income) in MF from age of 24..
    Finance is already fixed
    Well done Anshuman for sharing such a case study.

    • @saman_pradhan
      @saman_pradhan 11 місяців тому

      I invest most of my salaries in MF/FD usually as I don't have much expenses. I live with parents, doing WFH. Parents are also financially independent.

  • @noone-zl2di
    @noone-zl2di Рік тому +15

    3:45 never trust cred they take all the permissions for email and can read you otps too.
    Also they track your number and whatever is joined with the number.
    Privacy ki hod ke rakh di hai

  • @johnsonrajendran9938
    @johnsonrajendran9938 2 роки тому +32

    9:16 I believe the annuity amount received from NPS after retirement is considered as income and is taxable. Please double check it once Anshuman

    • @calvinlawrence6871
      @calvinlawrence6871 2 роки тому +4

      It is taxable as per income slab
      Good catch

    • @BarkaDog
      @BarkaDog 2 роки тому

      Yes it is.

    • @prathmeshsingh3912
      @prathmeshsingh3912 2 роки тому +6

      Minimum 40% goes to an annuity, the monthly income from this annuity is taxable only if your income falls under the tax bracket. After retirement I dont think we will have that much income that we need to pay tax 😉

    • @sheetalkumar3786
      @sheetalkumar3786 Рік тому +2

      Yes. PPF Returns are tax free.

    • @rahulkothari777
      @rahulkothari777 Рік тому

      Yes your understanding is correct, guess slip of tongue from Anshumann

  • @vishnubishnoivlog2652
    @vishnubishnoivlog2652 Рік тому +10

    He is very intelligent regarding his investment and leisure activities 😊

  • @shilpashree.g3908
    @shilpashree.g3908 Рік тому +14

    I am watching almost all your vedios... Basically you are concentrating on IT people and engineers... Could you please do a video with accounts background people so we will be aware of how the market is for accounting students??

  • @ArijitsTube
    @ArijitsTube Рік тому +12

    Annuity is taxable under NPS.. Only 60% withdrawal on maturity is tax free

  • @keerti.maurya14
    @keerti.maurya14 Рік тому +3

    Yayy..That's my brother there😍😍

  • @sonusuresh7346
    @sonusuresh7346 Рік тому +11

    Awesome content. It's crazy how most people never discuss their income details, their spending and investment with friends .

  • @debaprasad9379
    @debaprasad9379 2 роки тому +15

    This bhaiya inspired me 😁 . I am currently doing civil engineering . I didn't had any hopes of getting high salary but now I am motivated 😤

  • @raghubenakal2737
    @raghubenakal2737 Рік тому +11

    NPS is not completely tax free during withdrawal ☝️But It's good to have something secured.

  • @SBIclerkstudy
    @SBIclerkstudy 2 роки тому +8

    Love you bro it gives us impression

  • @akashdebnath8492
    @akashdebnath8492 Рік тому +7

    I am 26. Living in Bangalore with a monthly in-hand salary of 62k.
    I am investing 22k in MF and 7k in PPF per month. Is it correct?

  • @krishnakumarsharma5609
    @krishnakumarsharma5609 2 місяці тому

    As a Civil engineer i am happy & working in a client firm and getting 50k in hand with 3.5 yrs of experience😊

  • @mumbaikachallenge5526
    @mumbaikachallenge5526 Рік тому +6

    Kumar is Amazing human!

  • @abdulrahman4449
    @abdulrahman4449 2 роки тому +12

    Hi Anshuman... I am a fan of your content.. I don't know Hindi. It would be helpful if you could add Subtitles in English...

    • @aniketmane6232
      @aniketmane6232 2 роки тому +4

      bro hindi is same as urdu, how come you aren't getting what they are saying

    • @abdulrahman4449
      @abdulrahman4449 2 роки тому +8

      @@aniketmane6232 bro, my mother tongue is Tamil and I don't know Urdu as well... And i didn't ask for myself alone... There are a lot of South indians who are not aware of Hindi... So, it will be helpful

    • @GetYourselfALife
      @GetYourselfALife Рік тому +1

      @@abdulrahman4449 Bro, I am from North India, even I don't know Hindi.

    • @danishk4172
      @danishk4172 Рік тому

      What Hindus are getting in Islamic countries

    • @pranavtripathi791
      @pranavtripathi791 Рік тому +3

      There are subtitles now.

  • @adityamodi8922
    @adityamodi8922 Рік тому +15

    he should spend more in food.. if you eat only mess food you are likely to fall sick and it will increase medical bills. extra 2-3k on healthy food should be done.

    • @TonyKhan_worshipper
      @TonyKhan_worshipper 5 місяців тому

      Yeah. Bad food decreases the productivity of an individual

  • @RaJ2x4
    @RaJ2x4 Рік тому +9

    I am also a civil engineer in Mumbai, getting 60k is very difficult, can yu pls ask him what course he is Doing, Pls help this will mean a lot

    • @omkarnarvekar3012
      @omkarnarvekar3012 Рік тому +1

      He is working in IT .

    • @RaJ2x4
      @RaJ2x4 Рік тому +1

      Yes omkar.. I am also ready to work with It field,, but need to knw the path for it

    • @dronabatch9834
      @dronabatch9834 Рік тому

      @@RaJ2x4 go for some placement guarantee programs

    • @kumaramiya4488
      @kumaramiya4488 Рік тому

      I am doing full stack developer course from Scaler Academy

  • @yashamgupta9750
    @yashamgupta9750 2 роки тому +7

    Please make a fiz with finance with yourselff. Want to know your income and investments

  • @shubhamsachan6419
    @shubhamsachan6419 2 роки тому +3

    Anshuman bhai in nps first 60% is taxable and rest 40% does not come under any tax.

  • @GetYourselfALife
    @GetYourselfALife Рік тому +8

    Take interviews of people like me, who earns 2 lpa in Bangalore.

    • @GetYourselfALife
      @GetYourselfALife Рік тому +1

      @warikoo.4956 Dei scammer

    • @kumaramiya4488
      @kumaramiya4488 Рік тому

      Haha, sahi kaha, its my video only

    • @GetYourselfALife
      @GetYourselfALife Рік тому

      @@kumaramiya4488 What? Sorry I didn't understand.

    • @kumaramiya4488
      @kumaramiya4488 Рік тому

      @@GetYourselfALife I am in this video, I am the one who is giving interview to Anshuman

    • @GetYourselfALife
      @GetYourselfALife Рік тому

      @@kumaramiya4488 Hahh, that part I understood. Its that "Sahi kaha" which I didn't. I don't speak or read Hindi.

  • @dhananjayvaish3276
    @dhananjayvaish3276 2 роки тому +5

    I wait for this series!!

  • @chiragklein4081
    @chiragklein4081 Рік тому +2

    Jabardast dada videos mast bhaiya!

  • @gauravpunera3256
    @gauravpunera3256 2 роки тому +5

    Keep uploading such videos

  • @pradyumnapatil5190
    @pradyumnapatil5190 2 роки тому +21

    I would like to know in which pg he is living. Compared to the price he is paying, it looking very good

  • @OMPRAKASH-ul2cc
    @OMPRAKASH-ul2cc 2 роки тому +5

    Hey @anshuman,
    I am Om prakash, and I'll be joining a startup as an Intern from the 16th of January.
    I don't know about Investment but I'm very curious and ambitious towards investments and all.
    My stipend will be around 45k, Could you please suggest me, like where to start investing?
    Although thinking about filling your form after a month of my internship, such that we'll get a video about Living on 45k as an Intern.
    Thank you, lots of love.💓

    • @DevanshuPundlik
      @DevanshuPundlik Рік тому +2

      Hey, I am just curious to know what is your profile in the startup and how did you got the opportunity

    • @varinderjeetsingh4851
      @varinderjeetsingh4851 Рік тому

      Om prakaash, start investing in mutual funds

  • @hdkloh
    @hdkloh Рік тому

    First guy I saw who is started SIP in earlier years. At the age of 40, he will have good corpus.

  • @mohnishkumar9430
    @mohnishkumar9430 Рік тому +2

    I love these episodes!! I do the same conversations with my friends xD

  • @sujitpoojari782
    @sujitpoojari782 Рік тому +4

    This episodes fatafat finance questions were perfect…
    Ones which almost everyone watching this video might think and answer for👌🏼

  • @JayeshMehta03
    @JayeshMehta03 Рік тому +4

    NPS is EEE, but the 40% annuity earning is taxable.

    • @kumaramiya4488
      @kumaramiya4488 Рік тому

      Correct bro, its my video only, LinkedIn pr connect kr sakte hai

  • @jeevan554
    @jeevan554 2 роки тому +17

    Civil engineers in IT 🤧. What vishweahwariah must be thinking

  • @debanjanachatterjee862
    @debanjanachatterjee862 Рік тому +4

    Hi Anshuman , can you do this with a teacher?

  • @bobbyjames4300
    @bobbyjames4300 2 місяці тому

    Hi Guys , Canadian here. I’m looking into semi retiring in either Pune or Bangalore for 6 months of the year ( winter months ) . My question is , will 70k rupees be enough money for a single man for rent , food , internet , local travel and some dine out or tiffin service ? . I’m arriving in Mumbai in Feb 2025. Thank you in advance for any help or tips I could use going forward. 😊

  • @sumithhh9379
    @sumithhh9379 Рік тому

    Annuity is taxable. Please correct it 09:18

  • @vundigalarohit8654
    @vundigalarohit8654 2 роки тому +5

    Which P2P platform do you use ?

  • @riser9644
    @riser9644 Рік тому +2

    On anualty there is tax NPS is horrible don't invest unless govt employee

  • @rehanahmed8967
    @rehanahmed8967 Рік тому

    Should he increases his portfolio size in crypto? Yes or No...? He did not get a clear answer if anyone can help?

  • @aishwarya282
    @aishwarya282 Рік тому +2

    Kumar could you please give some details of p2p lending platform you are using?

    • @kumaramiya4488
      @kumaramiya4488 Рік тому

      Sure bro, its 12 percent club. Connect with me on LinkedIn

  • @EpicTime33
    @EpicTime33 2 роки тому +4

    *Hello guys I'm 22 and i earn approx 77000* *per month* .. is it good for my age? I have seen people earning way more than me. And I'm kinda insecure about my income 😅

    • @souma321
      @souma321 2 роки тому +2

      What is your job bro ??

    • @anshumanfinance
      @anshumanfinance  2 роки тому +7

      When I was 22, I used to earn 35k so you are doing great. High income should not be the best at your age, just focus on acquiring high value skills at the moment

    • @EpicTime33
      @EpicTime33 2 роки тому

      @@anshumanfinance my plan is to invest as much as possible and i have made a small Portfolio as well.
      Thank you for the reply. Keep posting good stuff 😁

    • @mohithd44
      @mohithd44 Рік тому +2

      Im 28 and earning 33k .. The fack are you insecured about lol

    • @GetYourselfALife
      @GetYourselfALife Рік тому

      When I was 22, I was earning 12k in Accenture, Bangalore. My friend was jobless till he was 25. What the hell are you unsecured about?

  • @39madhurie
    @39madhurie Рік тому +2

    Bring more videos on weekly basis

  • @Pradeep_0907
    @Pradeep_0907 Рік тому

    Could anyone tell me the insurance product he once promoted, which provides salary as backup? I somhow missed the video, but came to know from one of my colleague avout that!!

  • @Brainwaveindia
    @Brainwaveindia Рік тому +2

    One should always park their emergency funds in small finance bank fds, I just split the total amount into many smaller amount so that If I have to withdraw a small portion of money the 1% penalty would be only for the required fund instead of total fund

  • @prajju8114
    @prajju8114 Рік тому +2

    I am surviving with 28kper month in bangalore😂

    • @ujjvalw2684
      @ujjvalw2684 Рік тому

      how do you survive? Transport? this scares me 😢 I'm moving to Bangalore too as a fresher

  • @ankurhotnot
    @ankurhotnot Рік тому +2

    Invest in PPF for 15 year locking. NPS only when tax slab is 30%🤣

  • @dilsebloggingbyshef2384
    @dilsebloggingbyshef2384 2 роки тому +3

    Bangalore m kya mehnga nhi hai, anyone can ans 😅

  • @SSS-yi2jz
    @SSS-yi2jz Рік тому +3

    His story is similar to mine 😊

  • @adityabisen2362
    @adityabisen2362 8 місяців тому

    Where is the “FIX” part in this video btw..?

  • @drmanideepveldandi
    @drmanideepveldandi Рік тому +1

    The show is most like expel, exposing people salary not that just fixing their finances, you are just telling about what are their earning, and what are the spending not the right way to spend well

    • @bharanidharanb9616
      @bharanidharanb9616 Рік тому

      I agree with you point, i feel 90% of the times it’s about discussing the compensation and rest is some advice..

  • @adigaonline1
    @adigaonline1 22 дні тому

    Nps is good investment for long term..

  • @swaroupbanikk4444
    @swaroupbanikk4444 Рік тому +1

    Can you please make a video on p2p lending and how to do it legally in india

    • @sandeepguntupalli8482
      @sandeepguntupalli8482 Рік тому

      Bro that's very risky, you're lending to people who have more probability to default due to their poor credit repayment history that's why they're giving high interest better stay away

  • @lonewolfp8802
    @lonewolfp8802 Місяць тому

    Bhai Apple Ecosystem mein fass chukka hain..

  • @sumitkumargupta4125
    @sumitkumargupta4125 2 роки тому +6

    9-10 Cr retirement...... brother it's a dream for even people earning 2 lakh per month. Think before speaking.

    • @sumukhadn5060
      @sumukhadn5060 2 роки тому

      then according to you what should it be?

    • @MeraMohito
      @MeraMohito 2 роки тому +2

      He has 35 years to make 15-20crore pre tax, which should yield him his corpus

    • @MeraMohito
      @MeraMohito 2 роки тому +2

      @@sumukhadn5060 everyone has a different retirement amount requirement and goal, there is no universal number.

    • @Adgjmptw343
      @Adgjmptw343 2 роки тому +1

      ​@@MeraMohitothose are very optimistic assumptions

    • @ashwanishukla744
      @ashwanishukla744 2 роки тому +3

      Come on bro even if you invest 20k in MF for 25 years you will end up with 5cr with 15 % CAGR. With saving and pf another 2-3 cr. Not that hard

  • @shubhamkr112
    @shubhamkr112 2 роки тому +1

    @anshuman kidhar rah ra h ye bhai hmare ko bhi bataye hame bhi shift hona h bangalore me

    • @shubhamkr112
      @shubhamkr112 Рік тому

      @Anshuman sharma㊉①⑦⓪⑧⑥⑧⓪⑥⑦①⑤ please don't spam on his name. Have power to reply from original id

  • @atorbfire
    @atorbfire Рік тому +1

    NPS annuity is taxable .

  • @shamsiftikar8083
    @shamsiftikar8083 Рік тому +7

    he looks like 35 : /

  • @DhananjaySatheCR
    @DhananjaySatheCR Рік тому

    Come to Pune also

  • @byteoffun0
    @byteoffun0 Рік тому +1

    How to buy a flat in Bangalore any suggestions

    • @GetYourselfALife
      @GetYourselfALife Рік тому +1

      Give the money to builder, get your registration done. Its fairly a simple process.

  • @anusuraj4458
    @anusuraj4458 2 роки тому +1

    What course and where is he unskilling?

  • @tapaskundu6668
    @tapaskundu6668 2 роки тому +1

    Core company job Karne bale logoki video banao

  • @Vinaythunder
    @Vinaythunder Рік тому +1

    What p2p lending app are they talking about

    • @kumaramiya4488
      @kumaramiya4488 Рік тому

      12% Club

    • @Vinaythunder
      @Vinaythunder Рік тому

      @@kumaramiya4488 what about hubble it gives 10% in 100 days

    • @kumaramiya4488
      @kumaramiya4488 Рік тому

      @@Vinaythunder 12% is made by Bharat Pay. But hubble is risky

    • @Vinaythunder
      @Vinaythunder Рік тому

      @@kumaramiya4488 if its on playstore then they might be doing something legal🤔

  • @karanmittal3232
    @karanmittal3232 2 роки тому

    Can you do a fix my finance of anshuman sharma??

  • @surbhiverma5776
    @surbhiverma5776 Рік тому

    Anshuman sote nhi ho kya? Ur eyes bro

  • @mohammedfahad4547
    @mohammedfahad4547 Рік тому

    Bhai bangalore me khana utna bhi mehenga nahi hi bass sahi jagah khana hoga, jaan buzke mehengi jagah jaake khayenge snaps k liye to vant do anythng.

  • @SanjanaSingh1998
    @SanjanaSingh1998 Рік тому

    ❤❤❤❤

  • @karanmittal3232
    @karanmittal3232 Рік тому +2

    Is 90 k pm good enough for a fresher?

    • @VikashKumar-bv4ju
      @VikashKumar-bv4ju Рік тому +14

      No you need to earn atleast 90L per month

    • @soumengorai8346
      @soumengorai8346 Рік тому +2

      @@VikashKumar-bv4ju i am earning 1.5 lack per month that's only get me satisfaction but i will set my target more and 90 lakh per month is impossible it's will be for billionaire

  • @dhrumitkumarpatel8855
    @dhrumitkumarpatel8855 2 роки тому +1

    Nice

  • @smallik8584
    @smallik8584 Рік тому

    NPS is not tax free

  • @rajulgupta639
    @rajulgupta639 2 роки тому

    NPS is not EEE.

  • @mrcool6845
    @mrcool6845 2 роки тому +1

    please make videos in english

  • @wizcactus
    @wizcactus Рік тому

    He is 25 earning 8 lakh I'm 34 I'm earning 8 lakh 😂

  • @SunburnX
    @SunburnX Рік тому +4

    Anshuman Bhai gol hote ja rhe ho... Fitness pe dhyan do

  • @aritrachakrabortysmartyaritra
    @aritrachakrabortysmartyaritra Рік тому +1

    Hindi bolne me sharam aati hai shayad inko

  • @vishalrai2859
    @vishalrai2859 2 роки тому +3

    9 cr chaiye 😂

    • @souma321
      @souma321 2 роки тому +2

      50 cr

    • @GetYourselfALife
      @GetYourselfALife Рік тому +1

      How much do you think you need to retire?

    • @vishalrai2859
      @vishalrai2859 Рік тому

      @@GetYourselfALife no one knows

    • @GetYourselfALife
      @GetYourselfALife Рік тому

      @@vishalrai2859 I mean, your point is, it would be far less than 9 Cr or far greater than that?

    • @faizanansari4889
      @faizanansari4889 Рік тому

      10 cr to build my start-up

  • @babull7370
    @babull7370 2 роки тому +2

    Agaya phir irrelevant person ko leke 😂 now we know he doesn't give shit about his audience

  • @anubhavsharma9325
    @anubhavsharma9325 2 роки тому

    Koi 1-2 cr wala banda lao bhai

  • @shishirbhuyan3716
    @shishirbhuyan3716 2 роки тому

    Are bhai Bangalore ka spelling theek kar le title mein

  • @ashokchandola
    @ashokchandola Рік тому +3

    8.3 lpa mai I was getting 56k only but he is getting 60k 🍋🥲