If you wish to be part of the Money Matters series, please fill up this form: forms.gle/Tmbo2nUTnhn9vjpG7 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. My Money Apps: Indian Stock Investing (Zerodha): bit.ly/3iYKROh Mutual Fund Investing (Coin by Zerodha) (You will need to create a Zerodha account for it first. Coin is free): bit.ly/3iYKROh US Stock Investing + Investment Tracking (INDMoney): bit.ly/3tT5moR Portfolio Investing (Smallcase): bit.ly/3u0is0I Corporate Bonds (Wint Wealth): bit.ly/3sbUI8c How to pick the right insurance (Ditto): bit.ly/3xFh7OU The above links are for products that I personally use for my own investing. If you create an account on any of these using the above links, I stand to make a referral income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L, in 2022 we contributed 53L and in 2023 we contributed 52L. DO NOT assume that these are the best products in the industry. Please do your research and let me know if you have any questions. My bestselling books: 'Make EPIC Money' here: amzn.to/3WHJ43F ‘Get EPIC Shit Done’: amzn.to/4fK1IR5 ‘Do Epic Shit’: amzn.to/4fK9uuv
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 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, in 2022 we contributed 53L and in 2023 we contributed 52L.
From trying to hide the identity of the person to controlling the fit of temper, Ankur has shown great restraint &maturity. For someone who does not know the other guy personally but doing such balancing act comes only with empathizing with other person's problems and trying to resolve them. Hats off Ankur and god bless you. Good day and all the best to the person...
A very humble feedback to the guest whoever he is; always give a direct answer to a question; no one is interested in your long back history and story around it.
Kaise kar lete ho Ankur aap ye....when I started watching I felt it's difficult to advice on this situation but at last you made it quite simple to this man....Great work ❤
Great learning for all of us: Even after becoming angry, how you control yourself ... Thank you Ankur Sir ... This thing will truly help us in retaining many relationships🎉❤
After he become full time trader I am sure he will come again to fix his finance.😓 ( but I hope not and he learn from current situation. Also rethink about trading as full time career)
I have around 6 credit cards with the limits of almost 30 lacs but it's depends on your financial behaviour how you use them if they look like free money then you're in trouble my friend which is most people do they buy every fancy fucking things on credit cards
You have a Very Supportive Fiancee, being there with you through all this.. IMO You have won bro!! 🎉 I have about 11Cr ancestral wealth, earn 2L per month and still searching for someone whoz not a gold digger..😷 I look up to you brother. You’ll do well! All the Best!!🎉
Infact idts anybody would wanna marry a narcissist who first think highly of himself because of the money he is making or the property he has on his name. A lot of people have more than you and still are very humble. So chill down lad😂
@@Shruti-j6t Hahaha.. Im fine sis, tatz not the problem at all.. Thing is if I lose my money/job tomorrow, they surely abuse and leave me even before they even find out I’m a ahem.. “Narcissist”😂 😂 Poor lad here looking for “Unconditional Love” tatz all.. Bye now..😷
@@yujian3814 if it's meant to be, it will surely find your way. Not all people are money centric, depends on individual. Just that it came out as you generalizing everyone as gold digger(which might not be true). But it's all fine now. So yeah. Have a good luck!
@@yujian3814if it's meant to be, it'll find your way. Not all people are money centric, infact most i know do value emotions. My boyfriend doesn't have generational wealth and infact started his job at a very basic salary, but trust me it's least of my concern😂 and people do think like that, and even if he did have a lot, i would have hardly cared about that so yeah your first comment came out as generalizing everyone as gold digger(which might not be your intention). But anyways it's fine. Have a good luck!
Sir, Please make a video on students jo unko karna chahiye how they invest kaise investment shuru karna chahiye or kya nhi karna chahiye or aage life mein kaise growth karna chahiye please give the guidence on this topic 😊
Thanks a lot sir for teaching us about finance your video has always been a great source to learn about finance. There is a req that can u plz make a video on SIP and how to choose a SIP plan for new people or for the one who have just started earning
he said he is good in finance, and he had stuck in these many credit card traps and maze le rhe the credit cards se points k liye, such a good person(sarcasm).
This guy has done a MBA in finance as he said, and then he said, is liye main finance acche se samajhta hu. then corrected samjhta tha sochta tha. such a good person.
Am I correct in thinking that if we first pay off 10 lakh in credit card bills and then 10 lakh towards the home loan, we’ll only have 2 lakh remaining on the home loan. At the end of the year, this would mean we’d incur interest of around 20,000 INR (assuming a 10% rate) on the remaining balance, rather than paying 80,000 INR in interest if we cleared the entire home loan upfront.
Hello sir I am watching money matters from 1st episode but in that thesre is only monthly salaried persons no one farmer; because the farmers income is in one time yearly. My father is farmer and our family is trapped in bad loan trap when the income is yearly. Ankur sir pls make the video on yearly income bases persons like farmers or any other. Thank you for what are you doing for society.
The fact that he first introduced his 3 dogs before introducing his mother and sister, I understood his spending behavior. Spending most of his monthly grocery bill of18k on dog food, when you have 22 lac lone is insane.
sir,meri family par 15 lakh ka karz hai aur hum rent par rehte hain and my father is full alcoholic and his salary is 12,000 ,aur iss vajah se meri mummy ne 6-7 shambu (SHG) ki emi le rakhi hain jiski har hafte and har mahine emi jaati aur jinnn logo se bhi hamne karz liya hai unki bhi mahine par byaaz jaati hai . kul milakar 70-80 hzaar ka byaaz jaata hai mahine par aur pehle byaaz ko bharne ke liye phir karz lena hota hai jiski vajah se meri mummy ne 2 baar suicide attempt kiya hai and 1 attempt to 1 hafte pehle hi kiya hai .Aur 18+ year old hoon maine issi saal 12th pass ki hai. Aur mera abhi tak paiso ki vajah se college mei admission nahi hua hai matlab meri aage ki padhe ab na mumkin hai isliye maine skills develop karne ka socha but uske liye bhi paise nahi hai. Mujhe pta hai ki mei life mei bahut achcha karunga but mujhe current situation se bahar nikalna hai mujhe meri family ko bachana hai aur specially meri mummy ko to please kuch btao naa sir ki mei kaise iss situation se bahar nikal skta hoon.mei apke paas badi ummed se ye apna message kar rha hoon please btao mujhe. 😭😭🙏🙏
@@gauravbhagat2104 Bhaiya ek time par sab kuch tha but ab kuch bhi nahi hai 12,000 mere papa ko milte hain and10,000 meri didi job krti hain 5 hzaar ke aaj paas mei bhi de deta hoon ghar par tota; expenses 70-80 hzar hai including ghar kharch
@@gauravbhagat2104 i think they have not the property coz what is the worst option left except suicide attempt, he also mentioned, the living on rent, I will suggest to just keep patience, any how you to support your mother by being strong and giving hopes, coz this is the short time phase and this will also pass by the time. if you are 18+ you can get vehicle licence and can do delivery job. you are strong enough to handle this situation, believing in your self and act on the situation can help you to out this situation.
@@legendlucifer2755 bhaiya ek time par hamare paas sab kuch tha mere papa akele the aur unke ke pass 80 beege khet aur 2 crore ke sona-chandi the lekin meri daadi ne vo apne bhaiyo ko de diyo aur kuch bahut saste-saste mei bech diye aur meri mummy bhi akeli thi aur meri naani meri mummy ko 4 saal ka chhod kar chali gyi tab mere nana decide kiya ki vo apni saari property meri mummy ko denge isliye mere chhote nana ne meri nana ji ko jahar de diya to meri mummy ne saari property unhi ko de di . Mujhe pta hai ki 5-6 saal mei m saari cheeze wapas kharid lunga itna potential hai mere andar but baat current situation ki h ki kahi jab tak der na ho jaaye
@@legendlucifer2755 He said he is making profit from trading now. Sab se majader chiz yeh tha.. ki itni loan hone k baad bhi, log trading kar rahe hai.. 10 L cc and 4 L loan k baad, kaise kar pate hai.. jaha pe clearly he was saving nothing from income.
@warikoo , this was a very interesting video. I have a question. If the house is given on lease . Will it help him in anyway ? So the house stays and get money for sometime ? I am not cery good with finance 🤔
Huge respect for Ankur sir for forbidding him to add his fiancé's income as his own ! MBA in finance, he thinks of himself as very smart, got himself into credit card debt- he complains and complains. I could see Ankur sir losing patience.. for the first time ever. Yet he handled it gracefully with the guest's endless ramblings.
No one deliberately gets into such a situation. He simply asked if he could include his fiancée's income in their household earnings. It's in moments like these that true love is truly tested. He's in a financial bind but still living with his fiancée, who doesn't have a steady income, which is commendable in itself. There would be nothing wrong if she could lend him a helping hand from time to time to help him through this. Tough times often teach valuable lessons.
Guys, as I mentioned, I’m a ‘house plant’ I don’t spend anything for myself. Dogs are my finance’s choice and the loans that I have are NOT FOR ME , I have spent ₹0 out of all these debts, I have my stock market return for MY PERSONAL expenses, Get that in your head guys.
yeahh...I was also not able to trust that guy...cause first he said fiance lost the job then again said she has a variable income...maybe he is just making some random stories...😅😅
Warikoo this was soo goood it make me understand myself too and my money management also thank you for this beautiful person who us ready to take guidens from money matter expert. 🙏🏻
Dost ko high intrest pe karza lekar help kari...Dost hi aadhe paise dekar gayab ho gaya. Moral of the story :- "Do not Bros out of your bloodline, Bcz Blood is Always thicker then water. Kar Bhala, To ho bura. After 35 years i have realized (Only Money Matters) Thanks for helping people who are facing the same😇
i am surprised that Ankur didnt ask to Sell the car and use the money to payoff loans. being in Delhi,, there are enough and more public transport options
मेरे भाई आज के दौर में कर्जा आम बात है ,अधिक ब्याज वाला कर्ज पहले चुकता करो ,घर आधार है सुरक्षा है उसे रखो ,SIP करो छोटा मोटा ,मैडम जी भी वर्क करेंगी तो जल्दी कर्ज कम होगा ,शादी के बाद बच्चे आने पर मानसिक और आर्थिक रूप से जवाबदारी बढ़ जाता है ,इससे पहले कुछ कर्ज़े समाप्त कर लो और saving बढ़ा लो ,मम्मी जी का घर रहने दो संपत्ति है सुरक्षा है ।जल्द ही आपका करज समाप्ति को और होगा 👍
धन्यवाद जी । आपके अच्छे कमेंट के लिए । आपका आशीर्वाद रहे और मेरे जैसे लोगो का आत्मविश्वास बढ़ाने के लिए । जल्दी ही क़र्ज़ मुक्त होकर आपको दुबारा धन्यवाद बोलने आऊंगा । तब तक के लिए इजाज़त ।
One better solution !! To take another personal loan to get rid of credits cards for now !! Around 10 lakh for 72 or 84 month s !! Emi of 19k ! Atleast will be added. Decrease there spend !! By 5k atleast He would atleast be left with 5-8 k as surplus !! Which he can invest !!
Last month I helped 1 same person who was stuck up in 9 different small personal loan and credit cards. He was paying 75 k emi per month. I suggested him to consolidate his all loans and make it 1 loan. Now he is in much relaxed condition.
Working in american express... Take a loan and pay off the credit cards... N stop the trading its not making sense get ur fiance a job...... Sell the car... Sell one of ur fathers house if the residence is dear to ur mother... N the dogs nice...
Debts will leave you in a constant state of worry, but you would be amazed at how fast you could get out of debt if your knowledge wasn’t limited take what you have and start mining crypto
I enjoyed watching your video and found the advice very helpful. I learned a lot from the information you shared. Thank you for taking the time to create such informative content. I look forward to seeing more from you in the future.
Home sell karke credit card ka lone pahale pay karna cahiye... Aur home lone ka 2 lakh baki rakhna hai q ki home lone 11% hai aur credit card ka interest 40% hai which is much higher 😊
home loan doesn't work like that.. jab ghar hi nahi rahega toh home loan kis par hoga? pahle home loan clear hoga uske baad hi baki paisa milega owner ko
If he is selling house than I think he should use 1 lacs from bank to pay off credit card bill so he can save 40k year And also ge should take loan from own company he will get it at rate of 10% maximum of Rs 2.5 lakhs clear all credit card payment n also clear some gold loan Now invest 5k per month
30:45 Now that your liability is only 2 lac, you can use your credit card in case of extreme emergency again. So, why not spend that 1.5 lac to pay off the card bill ?
I think that the remaining credit card debts of Rs. 2 lakhs should be converted into a personal loan of 1 year and then paid off in EMIs. That gives our friend an extra cash flow of Rs 5 k pm. What say? And this money can be used to pay off the principle of the gold loan. That will keep our friend ahead by at least Rs 60 k when he starts with the gold loan.
Pulkit... Bhai tu pakda gaya. Waise tension na lo, credit card ka just payment kar raha mai. Tum bhi bahar nikal jaaoge. Chill man. Best wishes ❤ bhai.
@@shashwatshrey9248 ah bro... Just got the name and commented that's all... What I can do with his information, nothing bro... But those many different situations teach us many financial aspects
Sir I have 2 housing loan @ 5.25%(not insured )& 6.25%(insured) with simple interest bank staff facility, should I prepay those loans , please suggest..
there is one more option which he needs as he is clearly not going to sell home, he can take a 10L personal loan at 12% and clear cc loan, and pllan for clearing pl then
How can i get advice from you for my financial planing I need your help to set up my future. Have a lot of confusion & feel like i am not on the right path
Sir I want to sure my own financial conditions with you and i hope get some advice from you, how can i formfillup money matters. Please sir help me,i'm form West Bengal
Hello everyone, this is Pulkit, the one in video. This is Q&A comments, any suggestion, feedback, or comment are welcome. Please be respectful to each other. Thanks
He can sell gold for 2 lacs and clear credit card dues, and he can maintain 2 lacs gold loan for that he can pay 2k interest. this is the best way to clear credit card dues.
Name of the guy is Pulkit; Warikoo ji ne edit karna bhul gaya yahaan; also Pulkit it seems works in a call center; he definitely started in a call center when he said he started his career in Concentrix, which is the BPO division of IBM. Isiliye financial condition itna kharaab hai bande ka
Hi @ankur.. I dont know if you will reply me or not but. I want to know that if I have the health insurance in form of PMJAY do I still need to but from outside any private company?
Sell your house 8 lakhs remain Pay off gold loan 4 lakhs remain Sell the gold approximation 6 lakhs 6 +4= 10lakhs credit card gone tata bye bye Now 1.5 lakhs se chalaiye kharcha pet kat kat kar aur 240000 jo poore saal me ikattha hoga usse fir se gold khareed lo Aisa karte karte har saal 20 gram gold kharido aur 20 saalo me 400 gram gold banao 400 gram gold in 20 years app value 300000 1200000000 12 crore hehehe😂😂😂
Guys, as I mentioned, I’m a ‘house plant’ I don’t spend anything for myself. Dogs are my finance’s choice and the loans that I have are NOT FOR ME , I have spent ₹0 out of all these debts, I have my stock market return for MY PERSONAL expenses, Get that in your head guys. Thanks.
If you wish to be part of the Money Matters series, please fill up this form: forms.gle/Tmbo2nUTnhn9vjpG7
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.
My Money Apps:
Indian Stock Investing (Zerodha): bit.ly/3iYKROh
Mutual Fund Investing (Coin by Zerodha) (You will need to create a Zerodha account for it first. Coin is free): bit.ly/3iYKROh
US Stock Investing + Investment Tracking (INDMoney): bit.ly/3tT5moR
Portfolio Investing (Smallcase): bit.ly/3u0is0I
Corporate Bonds (Wint Wealth): bit.ly/3sbUI8c
How to pick the right insurance (Ditto): bit.ly/3xFh7OU
The above links are for products that I personally use for my own investing. If you create an account on any of these using the above links, I stand to make a referral income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L, in 2022 we contributed 53L and in 2023 we contributed 52L. DO NOT assume that these are the best products in the industry. Please do your research and let me know if you have any questions.
My bestselling books:
'Make EPIC Money' here: amzn.to/3WHJ43F
‘Get EPIC Shit Done’: amzn.to/4fK1IR5
‘Do Epic Shit’: amzn.to/4fK9uuv
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
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, in 2022 we contributed 53L and in 2023 we contributed 52L.
Why don't you tell him debter can't keep dog as pet. He is garib but pretending to be amir by keeping dogs.
@@TheAnittt He can't. Internet has dog lovers and will bash him if he advises on it.
Pulkit g abb kabhi credit card over use nahi karenge
Sir cryptomarket like Bitcoin Ethereum main sip kese kare
Sir cryptomarket like Bitcoin Ethereum main sip kese kare
From trying to hide the identity of the person to controlling the fit of temper, Ankur has shown great restraint &maturity. For someone who does not know the other guy personally but doing such balancing act comes only with empathizing with other person's problems and trying to resolve them. Hats off Ankur and god bless you.
Good day and all the best to the person...
He said pulkit at 33.00
All his details are out bro his name, organisation, city. You can find him very easily 😂
sach batah tujhe paise Mila na?😂
Hii sir please help me too I am in lot debt trap I need your help
credit card vale piche pd jynge
A very humble feedback to the guest whoever he is; always give a direct answer to a question; no one is interested in your long back history and story around it.
He was Pulkit as Ankur said at the mid-end 😅
Kaise kar lete ho Ankur aap ye....when I started watching I felt it's difficult to advice on this situation but at last you made it quite simple to this man....Great work ❤
Great learning for all of us: Even after becoming angry, how you control yourself ... Thank you Ankur Sir ... This thing will truly help us in retaining many relationships🎉❤
I felt like this man was hoping Ankur to solve his problem entirely without any effort from himself. Saw Ankur frustrated for the first time. 😂
Oversmart tha yeh buss
Exactly
At what time.he frustrated
BUT HE MADE ANKUR TO DO THAT, MESSEGE TO HER MOTHER TO SELL THAT HOUSE
i dont see him frustrated at all , its just his way to explain him ,
39:15 - Important learning 🎉❤
After he become full time trader I am sure he will come again to fix his finance.😓 ( but I hope not and he learn from current situation. Also rethink about trading as full time career)
seems like you faced huge loss of money in trading
Brother, I am 6 digit green on financial year basis, I don’t want people to come after me, but trust me, I’m good at trading.
Great revert on the line "numbers samjh nai aate"
Having 15 cards is just insane. I had to put in a lot of efforts to property manage 3 (i used cc to get out of loans).
i have 18 Credit cards
Great.. you are living the American dream
what's cc?
I have around 6 credit cards with the limits of almost 30 lacs but it's depends on your financial behaviour how you use them if they look like free money then you're in trouble my friend which is most people do they buy every fancy fucking things on credit cards
Ankur knows how to maintain calm.. 😃
Merko bhi batao kahan calm maintain kiya, merko to nahi laga live recording mai?
You have a Very Supportive Fiancee, being there with you through all this.. IMO You have won bro!! 🎉
I have about 11Cr ancestral wealth, earn 2L per month and still searching for someone whoz not a gold digger..😷
I look up to you brother. You’ll do well! All the Best!!🎉
Infact idts anybody would wanna marry a narcissist who first think highly of himself because of the money he is making or the property he has on his name.
A lot of people have more than you and still are very humble.
So chill down lad😂
@@Shruti-j6t
Hahaha.. Im fine sis, tatz not the problem at all..
Thing is if I lose my money/job tomorrow, they surely abuse and leave me even before they even find out I’m a ahem.. “Narcissist”😂 😂
Poor lad here looking for “Unconditional Love” tatz all.. Bye now..😷
@@yujian3814 if it's meant to be, it will surely find your way. Not all people are money centric, depends on individual. Just that it came out as you generalizing everyone as gold digger(which might not be true).
But it's all fine now.
So yeah. Have a good luck!
@@yujian3814if it's meant to be, it'll find your way. Not all people are money centric, infact most i know do value emotions. My boyfriend doesn't have generational wealth and infact started his job at a very basic salary, but trust me it's least of my concern😂 and people do think like that, and even if he did have a lot, i would have hardly cared about that so yeah your first comment came out as generalizing everyone as gold digger(which might not be your intention). But anyways it's fine.
Have a good luck!
marry someone from your background, jiske family ke pas already itna paisa ho, problem solved
Sir, Please make a video on students jo unko karna chahiye how they invest kaise investment shuru karna chahiye or kya nhi karna chahiye or aage life mein kaise growth karna chahiye please give the guidence on this topic 😊
Students should invest in themselves by learning new skills or polishing their existing skills (Books, Seminars, Tutorials, etc.).
First time I saw someone saying "Haan Ji" numerous times without actually realizing what the person was trying to say...
Thanks a lot sir for teaching us about finance your video has always been a great source to learn about finance. There is a req that can u plz make a video on SIP and how to choose a SIP plan for new people or for the one who have just started earning
he said he is good in finance, and he had stuck in these many credit card traps and maze le rhe the credit cards se points k liye, such a good person(sarcasm).
This guy has done a MBA in finance as he said, and then he said, is liye main finance acche se samajhta hu. then corrected samjhta tha sochta tha. such a good person.
Since you guys don’t know the whole story, it’s better to stfu.
Either ask like a gentleman and understand the issue and discuss. (Not sarcasm)
@@PulkitPopli979 wow what a nice way of replying. Such a good person.
Would be interested to discuss money matters if you can hide my identity like this 😊
1.50 which kept in FD he should pay of the remaining 2 L
So that 20 k he can pay gold loan ofcourse with zero savings
And naukri chala gaya toh? jaise last march mein hua uska saath. he needs at least 2-3 months of expence to get the new job.
Am I correct in thinking that if we first pay off 10 lakh in credit card bills and then 10 lakh towards the home loan, we’ll only have 2 lakh remaining on the home loan. At the end of the year, this would mean we’d incur interest of around 20,000 INR (assuming a 10% rate) on the remaining balance, rather than paying 80,000 INR in interest if we cleared the entire home loan upfront.
you cannot sell the house without clearing all the home loan amount.
Hello sir I am watching money matters from 1st episode but in that thesre is only monthly salaried persons no one farmer; because the farmers income is in one time yearly. My father is farmer and our family is trapped in bad loan trap when the income is yearly. Ankur sir pls make the video on yearly income bases persons like farmers or any other. Thank you for what are you doing for society.
Please fill the form
The only way to get a video on that is to get farmers to fill the form.
This was the best video in this series somehow.. apart from finance , so much more to learn .
The fact that he first introduced his 3 dogs before introducing his mother and sister, I understood his spending behavior. Spending most of his monthly grocery bill of18k on dog food, when you have 22 lac lone is insane.
So do you expect him to starve his dogs? At least he's fulfilling his responsibility towards his dogs
Atleast he is taking good care of Dog.
My dogs are the happiest with what they eat, I can take in 2 meals a day myself, but can’t starve our dogs even for 1 meal. They get what they should!
Thanks Ankoor sir, really you are doing very good thing
sir,meri family par 15 lakh ka karz hai aur hum rent par rehte hain and my father is full alcoholic and his salary is 12,000 ,aur iss vajah se meri mummy ne 6-7 shambu (SHG) ki emi le rakhi hain jiski har hafte and har mahine emi jaati aur jinnn logo se bhi hamne karz liya hai unki bhi mahine par byaaz jaati hai .
kul milakar 70-80 hzaar ka byaaz jaata hai mahine par aur pehle byaaz ko bharne ke liye phir karz lena hota hai jiski vajah se meri mummy ne 2 baar suicide attempt kiya hai and 1 attempt to 1 hafte pehle hi kiya hai .Aur 18+ year old hoon maine issi saal 12th pass ki hai. Aur mera abhi tak paiso ki vajah se college mei admission nahi hua hai matlab meri aage ki padhe ab na mumkin hai isliye maine skills develop karne ka socha but uske liye bhi paise nahi hai. Mujhe pta hai ki mei life mei bahut achcha karunga but mujhe current situation se bahar nikalna hai mujhe meri family ko bachana hai aur specially meri mummy ko to please kuch btao naa sir ki mei kaise iss situation se bahar nikal skta hoon.mei apke paas badi ummed se ye apna message kar rha hoon please btao mujhe. 😭😭🙏🙏
Total monthly income kitni hai aur total monthly expenses kitne hai. Also Property kitni hai aap ke pas?
@@gauravbhagat2104 Bhaiya ek time par sab kuch tha but ab kuch bhi nahi hai 12,000 mere papa ko milte hain and10,000 meri didi job krti hain 5 hzaar ke aaj paas mei bhi de deta hoon ghar par tota; expenses 70-80 hzar hai including ghar kharch
@@gauravbhagat2104 i think they have not the property coz what is the worst option left except suicide attempt, he also mentioned, the living on rent, I will suggest to just keep patience, any how you to support your mother by being strong and giving hopes, coz this is the short time phase and this will also pass by the time. if you are 18+ you can get vehicle licence and can do delivery job. you are strong enough to handle this situation, believing in your self and act on the situation can help you to out this situation.
Khud ko diwaliya ghosit kr do.... Jo b paise ke liye dhamki deta h... FIR karao police me.... Ye kaam kro phle
@@legendlucifer2755 bhaiya ek time par hamare paas sab kuch tha mere papa akele the aur unke ke pass 80 beege khet aur 2 crore ke sona-chandi the lekin meri daadi ne vo apne bhaiyo ko de diyo aur kuch bahut saste-saste mei bech diye aur meri mummy bhi akeli thi aur meri naani meri mummy ko 4 saal ka chhod kar chali gyi tab mere nana decide kiya ki vo apni saari property meri mummy ko denge isliye mere chhote nana ne meri nana ji ko jahar de diya to meri mummy ne saari property unhi ko de di . Mujhe pta hai ki 5-6 saal mei m saari cheeze wapas kharid lunga itna potential hai mere andar but baat current situation ki h ki kahi jab tak der na ho jaaye
Story of pulkit 10L Cc and super expensive lifestyle and unwanted 5 dogs😅😅😅😅😅😅😅
5 nahi 6 Pulkit Also
@@CHIRO_and_CUPPING_ROOM 😂😂
@@CHIRO_and_CUPPING_ROOM good one buddy 😂😂
💀@@CHIRO_and_CUPPING_ROOM
Naam kaise pta chla ?
I don't know how a sane person has 15 credit cards and accumulate 10L loan !! What the hell he used the money for ?!!
DEFINATELY HE LOST IN TRADING, NOT ACCEPTING THE LOSS
@@legendlucifer2755 He said he is making profit from trading now. Sab se majader chiz yeh tha.. ki itni loan hone k baad bhi, log trading kar rahe hai.. 10 L cc and 4 L loan k baad, kaise kar pate hai.. jaha pe clearly he was saving nothing from income.
Mera bhi 15 lakh ka lose he.... Credit card se treding me loss he
He is sure lying about something , not wanting to share
Yes trading ofcourse
Banda American express me hi hai,
😅 bhai pehle to dogs ko paalna hi bohot kharche wala kaam hai.
No words for me. I just say wonderful. Ankur sir.... ❤
@warikoo , this was a very interesting video. I have a question.
If the house is given on lease . Will it help him in anyway ? So the house stays and get money for sometime ?
I am not cery good with finance 🤔
He has rent income from house so obviously it's leased
Huge respect for Ankur sir for forbidding him to add his fiancé's income as his own ! MBA in finance, he thinks of himself as very smart, got himself into credit card debt- he complains and complains. I could see Ankur sir losing patience.. for the first time ever. Yet he handled it gracefully with the guest's endless ramblings.
No one deliberately gets into such a situation. He simply asked if he could include his fiancée's income in their household earnings. It's in moments like these that true love is truly tested. He's in a financial bind but still living with his fiancée, who doesn't have a steady income, which is commendable in itself. There would be nothing wrong if she could lend him a helping hand from time to time to help him through this. Tough times often teach valuable lessons.
Guys, as I mentioned, I’m a ‘house plant’ I don’t spend anything for myself.
Dogs are my finance’s choice and the loans that I have are NOT FOR ME , I have spent ₹0 out of all these debts,
I have my stock market return for MY PERSONAL expenses,
Get that in your head guys.
8500 rent in south Delhi? Did I hear it right?
yeahh...I was also not able to trust that guy...cause first he said fiance lost the job then again said she has a variable income...maybe he is just making some random stories...😅😅
@@utkarsh-q8tvalid point. Most likely a frivolous video. I stopped watching at that point.
It's in Kishangarh, quite possible to get rent at that amount.
@@BeckyMakesStuffsokay Mam
@@utkarsh-q8tbro he said she lost the job, variable he's considering if she gets the one😊
Warikoo this was soo goood it make me understand myself too and my money management also thank you for this beautiful person who us ready to take guidens from money matter expert. 🙏🏻
thank you so much for this video i learnt a lot.😇👍
Dost ko high intrest pe karza lekar help kari...Dost hi aadhe paise dekar gayab ho gaya. Moral of the story :- "Do not Bros out of your bloodline, Bcz Blood is Always thicker then water. Kar Bhala, To ho bura. After 35 years i have realized (Only Money Matters) Thanks for helping people who are facing the same😇
i am surprised that Ankur didnt ask to Sell the car and use the money to payoff loans. being in Delhi,, there are enough and more public transport options
Because he was using it. the home was not getting used. the idea of Ankur is to help someone with minimal dent in lifestyle.
Because that's of his father - sentiments!!!
At 20:21 Fiance k baad kuttao ki b zimedari. Warikoo too good yaar
“Aakhir kuthey tho hai “ takes the cake.
You are in green great to hear
Thanks ❤
Meri rai ye hai ki apni income kam se kam 20k badhaiye kaise bhi. Job change kijiye... package padhaye, best of luck👍 🎉🎉
3:15 pe name aa gya
Pulkit
Amex = American Express
@ pta hai and use bhi kar chuka hu
To kya Hogaya naam aagaya to? Bawaal hi macha di public
10:27 "kutton ke sath to yahi expect kareinge" was epic😅😅😂
You are a GEM sir
मेरे भाई आज के दौर में कर्जा आम बात है ,अधिक ब्याज वाला कर्ज पहले चुकता करो ,घर आधार है सुरक्षा है उसे रखो ,SIP करो छोटा मोटा ,मैडम जी भी वर्क करेंगी तो जल्दी कर्ज कम होगा ,शादी के बाद बच्चे आने पर मानसिक और आर्थिक रूप से जवाबदारी बढ़ जाता है ,इससे पहले कुछ कर्ज़े समाप्त कर लो और saving बढ़ा लो ,मम्मी जी का घर रहने दो संपत्ति है सुरक्षा है ।जल्द ही आपका करज समाप्ति को और होगा 👍
धन्यवाद जी । आपके अच्छे कमेंट के लिए । आपका आशीर्वाद रहे और मेरे जैसे लोगो का आत्मविश्वास बढ़ाने के लिए ।
जल्दी ही क़र्ज़ मुक्त होकर आपको दुबारा धन्यवाद बोलने आऊंगा । तब तक के लिए इजाज़त ।
massive respect these episodes, no one does these..
Thanks Ankur for really appending time on this to help solve real life problem.
God bless!
Awesome presentation
👌
Thank you so much for this Video❤❤❤
Bring his mom too in the conversation to hear her side of story too
Wonderful suggestion! Must be adopted
One better solution !!
To take another personal loan to get rid of credits cards for now !! Around 10 lakh for 72 or 84 month s !! Emi of 19k ! Atleast will be added.
Decrease there spend !! By 5k atleast
He would atleast be left with 5-8 k as surplus !! Which he can invest !!
He cant invest until he clears majority of his loans
Thank you people ❤
Acutely realty normal person good 👍
Last month I helped 1 same person who was stuck up in 9 different small personal loan and credit cards. He was paying 75 k emi per month. I suggested him to consolidate his all loans and make it 1 loan. Now he is in much relaxed condition.
Day trading in Options/Futures is definitely the worst way to commit financial blunder and I would never recommend anyone ever
this series of yours is really helping me to manage my fiancées.. thank you Ankur really thank you.
Fiancées? Bhai kitni hai?
Thank you for do this . Many of us are in this trap ..
31:54 That was great advice..
Working in american express... Take a loan and pay off the credit cards... N stop the trading its not making sense get ur fiance a job...... Sell the car... Sell one of ur fathers house if the residence is dear to ur mother... N the dogs nice...
Debts will leave you in a constant state of worry, but you would be amazed at how fast you could get out of debt if your knowledge wasn’t limited take what you have and start mining crypto
He works for the platform , he will hear you out and offer you the best services you could ever wish for
@Arnold1899
Use name
Telegram
@Arnold1899
That’s it
Great 👍
You explication very nice sir.jit neka kushis sahi bola sir..1 number...
Sir, Please do vedio for 55 + years people how to invest for retirement.
If he pays cc payment first then he can save 30-40% . Then he can rest loans
that will not happen. if property sold then loan needs to settled or transferred. it is not a personal loan but home loan
Lovely Sir 😊❤
I enjoyed watching your video and found the advice very helpful. I learned a lot from the information you shared. Thank you for taking the time to create such informative content. I look forward to seeing more from you in the future.
Home sell karke credit card ka lone pahale pay karna cahiye... Aur home lone ka 2 lakh baki rakhna hai q ki home lone 11% hai aur credit card ka interest 40% hai which is much higher 😊
home loan doesn't work like that.. jab ghar hi nahi rahega toh home loan kis par hoga? pahle home loan clear hoga uske baad hi baki paisa milega owner ko
😂😂😂 10:26 कत्तो के साथ तो यही acept करेंगे
Sir how to invest in investment app detailed video please
@Arnold1899
That’s it
Telegram
@Arnold1899
That’s it
Enjoy
Use grow for Mutual funds
If he really had a keen interest in trading then he should trade with his mother or sister account to save some tax.
If he is selling house than I think he should use 1 lacs from bank to pay off credit card bill so he can save 40k year
And also ge should take loan from own company he will get it at rate of 10% maximum of Rs 2.5 lakhs clear all credit card payment n also clear some gold loan
Now invest 5k per month
nice video sir bahut kuch nhi krna hai o sikhna milta hai ❤
Love you sir ❤❤❤❤
Sir if there is no property. How we can find solutions for this problem
30:45 Now that your liability is only 2 lac, you can use your credit card in case of extreme emergency again. So, why not spend that 1.5 lac to pay off the card bill ?
Thinking sams
Emergency fund..that at any cost one should maintain.
And using a credit card for extreme emergencies cannot qualify for an emergency fund.
@@ankitashahi673 If you have a credit card bill pending, keeping an emergency fund while accumulating interest is a bad idea.
Sir ma mutual fund ma invest na karka
ETF ma invest karsakta hu.
Pls help
Definitely you can invest in etf too but usko thoda actively track karte rahana hoga apko
I think that the remaining credit card debts of Rs. 2 lakhs should be converted into a personal loan of 1 year and then paid off in EMIs. That gives our friend an extra cash flow of Rs 5 k pm. What say? And this money can be used to pay off the principle of the gold loan. That will keep our friend ahead by at least Rs 60 k when he starts with the gold loan.
Pulkit... Bhai tu pakda gaya.
Waise tension na lo, credit card ka just payment kar raha mai.
Tum bhi bahar nikal jaaoge. Chill man. Best wishes ❤ bhai.
Thank you so much brother ❤
34:34 got the name sir 😅
Bhai 3:15 pe hi he told 😂
@@GuidingHandsConsultancy Haan wo bhi sahi... Sunai nehi diya mujhe 😂😂
Haan Pulkit 😁😁
If he really wanted him to be anonymous then he shouldn't have included his company details with joining dates.
@@shashwatshrey9248 ah bro... Just got the name and commented that's all...
What I can do with his information, nothing bro...
But those many different situations teach us many financial aspects
main 4-5 mahine tak Uttam Nagar hi rehta tha! aur lagbhag 4-5 saal se ghar khoj raha tha! par kabhi aacha ghar nahi mil paya!
Needs to grow up that too very quickly
@warikoo I got you how you felt while you shooting this video. Able see that on your 😮.
Sir I have 2 housing loan @ 5.25%(not insured )& 6.25%(insured) with simple interest bank staff facility, should I prepay those loans , please suggest..
No
You are a rich man
Instead of Credit Card and Loan, I realised overdraft is great tool to handle financial solutions
Sell the house 🏠
Sell the gold
Start a new financial journey. Good luck
How do i join you in money matters Ankoor sir?
Knowledgeable
Sir, Why you are not talking about MOD account..in which Intrest rate we are getting like FD rate
there is one more option which he needs as he is clearly not going to sell home, he can take a 10L personal loan at 12% and clear cc loan, and pllan for clearing pl then
How can i get advice from you for my financial planing
I need your help to set up my future.
Have a lot of confusion & feel like i am not on the right path
Liability growing 3 lakh per anum + 4 lakh gold loan + immaturity and ego :) He is in middle class trap 😁
Don't have guts to reveal face rather than ego
😂well said
Thanks for reminding me brother.
Sir I want to sure my own financial conditions with you and i hope get some advice from you, how can i formfillup money matters. Please sir help me,i'm form West Bengal
Hello everyone, this is Pulkit, the one in video.
This is Q&A comments, any suggestion, feedback, or comment are welcome. Please be respectful to each other. Thanks
I will be replying on this comment at least once every 2-3 days.
He can sell gold for 2 lacs and clear credit card dues, and he can maintain 2 lacs gold loan for that he can pay 2k interest. this is the best way to clear credit card dues.
34:35 the name is Pulkit
Wow, detailed observation 😂
Uska age kitna hai ye missing hai bcz financial planning pe ye zarrori hai may b
Name of the guy is Pulkit; Warikoo ji ne edit karna bhul gaya yahaan; also Pulkit it seems works in a call center; he definitely started in a call center when he said he started his career in Concentrix, which is the BPO division of IBM. Isiliye financial condition itna kharaab hai bande ka
if they are trying to hide the identity of the person then please respect that and you also don't share if they missed. Manners
@@swetasinha8419Absolutely, I don't know why he revealed the identity.
Hlo sir . Meta force ke baare me kuch information de sakte he kya pl
My to house wife hu mere husband to meta force me invest Kiya hi uska thoda information dedo yaar plz
Hi @ankur..
I dont know if you will reply me or not but. I want to know that if I have the health insurance in form of PMJAY do I still need to but from outside any private company?
Sell your house 8 lakhs remain
Pay off gold loan 4 lakhs remain
Sell the gold approximation 6 lakhs
6 +4= 10lakhs credit card gone tata bye bye
Now 1.5 lakhs se chalaiye kharcha pet kat kat kar aur 240000 jo poore saal me ikattha hoga usse fir se gold khareed lo
Aisa karte karte har saal 20 gram gold kharido aur 20 saalo me 400 gram gold banao
400 gram gold in 20 years app value 300000
1200000000 12 crore hehehe😂😂😂
The Home loan percentage is shitty!
@warikoo I wish to be a part of Money matters as I have a little bit different story like a dependent brother, though everyone has a different story.
Ghar bechne se pehle kutte bech do bhaaai... completely from the perspective of Financial thinking. Rakhna hey toh ek rakhlo bass
lol, sahi pakde.
😂😂😂😂
Ab hai toh kuch kar nahi sakte, dogs are the closest thing to heaven bhai
Dogs aane ke baad hi mai life mai happy hua, chahe 20l hojaye debt, dogs are going NoFwhere. Thank you.
Guys, as I mentioned, I’m a ‘house plant’ I don’t spend anything for myself.
Dogs are my finance’s choice and the loans that I have are NOT FOR ME , I have spent ₹0 out of all these debts,
I have my stock market return for MY PERSONAL expenses,
Get that in your head guys.
Thanks.