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 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.

This lady husband and in laws are great. She, a home maker, yet she knows everything about her husband finance. Most home maker had no idea. I'm sure her husband shares everything with her besides she's well educated which makes sense. This is amazing.

People charge money for such in-depth financial consulting which you are doing free for people in need. Good job Ankur, keep up the good work for people. People’s love is ur real achievement rather than the monetary growth of ur own assets. Good show AW.✌🏻

Banker here. Don't sell the ancestral home. Approach the bank and submit a request to increase the loan tenure by another 5/10 years. The housing loan EMI will be reduced and you will have breathing space to manage current expenses. Then whatever additional income the lady or her husband generates, she can pay the bank which will reduce the principal amount. Housing loan does not have pre payment or part payment charges at least in govt banks. This approach will save her from selling and ancestral property, her current housing loan EMI will be reduced and the amount she saves can be utilised in investing in MF or any other savings assest.

Getting rid of debt is really challenging.Personalised suggestion and guidance are extremely required.

Hey Ankur, Its a very good way to interact with real people directly and fix their financial issues by guiding them. I really liked this approach! This will definitely help us INDIANS become financially free. KEEP THIS SERIES ON!!

I am a regular viewer of channel. I am realising my mistakes by watching ur videos. Yesterday I saw your epic money book in railway station and I purchased that. From yesterday to now I am glued to your book. Wonderful book ,( not a book but a notes on financial learning). Thank you so much for such a fantastic book.

I am from US and follow your channel diligently. I think this kind of common peoples financial problem solving makes more sense then solving first world problems … love this series !

Im not huge fan of watching financial videos as it stress me so often avoid but i do watch sometime by forcing and one things is very clear having financial knowledge can create lot difference making money is different thing but utilising it is a different things and he proves it everytime..

Thanks sir for starting this series. you are doing a wonderful job by spreading the much needed financial awareness

She got clear understanding of what is what. She can jump into IT Field as she speaks good English and her confidence levels are top notch. Im happy to gyide her in case she needs guidance.

Basic things; 1. Selling In laws or ancestors property in not a good idea, it looks like a dumb thing. She is not thinking by value of their hard earned money. Also sure that her inlaws will not aggreing with her thoughts. 2. Instead she can work & or minimize with the expenses. 3. 3 Lack is a good ammount which she has, can prepay partial car or home loan. She can invest it & earn more money will cover other expenses as well. Conclusie thought: One should not buy expensive cars for status symbol when you are not able to pay it's loan ammount. Instead you buy wagon R alto or Tiago which does the same work for travel, rent Or sell it.

अब Money Matters Episode का बहुत ही इन्तजार रहेगा जी ❤❤❤

The car loan EMI for 2 years @15k p.p comes to 3.6 lakhs and she's saying that the outstanding amount is Rs. 6.5 Lakhs. This is not adding up and I'm surprised Ankur didn't notice this.

What a advice- Sell ancestors property (which definitely disconnect you from your roots) and build property on loan, finally feel proud on your achievement 😄😄

This is one of the unique shows in the world I have seen so far.who is working for middle class mentally blocked due to bad financial decisions. I wish more power to Sir.. please coach us as always❤

Best part of Ankur is he never puts down the person while suggesting the solution.. kudos to his efforts 😊

Appreciate the Lady taking steps towards increasing wealth and become debt free..im a financial researcher and I could say Ankurs advice is the best that the lady could ever get.

This is the first time I have written my comments. The conversation between both is really very good. He explained the way, and the reply was very good. It's helpful to most of the family situations

Great way to suggest the manner in which the loan can be repaid and corpus built. I would have also thought of repaying the car loan first. But hearing this conversation my perspective changed and it is unbelievably manageable in the manner the it is presented 👍👍

Hey, Ankur, you have raised your level of likeability by doing this great job by live examples and relatable to every person, otherwise people just motivate which is very easy

This is probably the most helpful show series available.... Very relatable and helpful for all.

I love watching your videos. You are very transperent, pure soul, curious and hard working personality. You are enjoying what you are doing and we love and support that from bottom of heart. Keep doing such great job will be helpful for people who are unaware of financial management and specially series like this for people in financial stress. Thank you very much.

Whatever Ankur sir suggested, please follow and I would suggest that you have good command over English and obviously over chemistry also so please try to engage yourself in private tuition in chemistry /English and that may fetch some additional income. Best wishes.

Ankur I could be wrong, but if she's earning a 15% return annually: 72/15 = 4.8 years (nearly 5) So, it would take approximately 4.8 years for her investment to double at a 15% annual return.

Komali gave a real great suggestion.... follow-up after 2-3years. Clarity in finance needs honesty between partners involved.

Basically the younger generation need to understand finance since it is easily manageable now. But lately they are not into saving but spending.

Please give me a chance to attend the money metter - filled the form Waiting to meet India's best lovely finance teacher Warikoo Sir

The caring of using money of his husband and lawd In this woman is really appropriated 🌸

Dear Ankur sir I am big fan of you. I have sent the google form last episode. Thank you so much for the nice series. I learn a lot from this

Good evening Sir. Thank u very much to organize such program. U r a very honest and humble human being who shares all his tit bits ideas along with the viewer. Great job. Keep it up please. God bless u and entire team

People investing in stock market for last 3-4 years think that market cannot go down.

Hai, Instead of investing 25lakh in mutual fund. Complete home loan and car loan after selling ancestor property, Remains 60-50=10 lakh in hand approximately. So now invest this 10 lakh in Mutual fund first, then do SIP regularly from your salary. Overall immediate all loans will be cleared and also savings will be done, instead of keeping the loans for other 4 years.

I wish I had such one person who advised and helped to come out of issues. I am waiting for one such suggestion to change my life to better me and future.

This is great. Speaking with commoners You are so unassuming and you made her very comfortable. Keep rocking Ankur

Komali will be Crorepati till end of the video 😂😂😂

I agree with the solutions, 4.8 crores in the bank account would not might grow in old ancestral house. And there’s also no need for another property and living like at NIL position with so much stress in head. Instead they would sell the property, start investments and live a little stressful and better struggling and earning ultimately. Great 👍

She said 2 years are left if she pays car loan EMI of 15k per month.@ 10:28, she said car loan outstanding for 6.5lac. Not possible. Forget interest, if she pays emi for 2 years, the total amount paid will be 3.6Lac

This is the only knowledge one/world should have at an early stage then your life would be organized..!! KUDOS to ANKUR..!! 👃

Your explanation is best I am waiting for your videos 🙂😊

i just loved when you said "why don't you have a career not just to help your husband but why waste a talent beautiful as yours"... i think that's a problem in India where girls (not to mention pressure from society parents family) leave career for marriage only to come back few years later to help their husband .. rest of the video is really practical and insightful

Ankur you are always true to your suggestions and love your series. Followups could be more exciting and trendsetters too

Just a question, is the car loan really @7.50% ? I am a working bank professional, and repo rate is @ 6.50% & considering last time rate changed was February MPC. I have an educational loan from SBI which is pretty minimal considering Government provides rebates to students who study on TOP 15-20 university. My Education Loan is now @8.5% which was at some point @7.5%. Request to cross-verify the interest rate once again as it might impact your repayment cycle. Thanks.

I'm a big fan of your podcast that fixing middle class financial planning. Last night I brought your recent book "Make epic money" Book and awaiting for delivery.

Relying on risky stock market for future, is it worth seeing current market conditions, we dont know what will happen in future and what new expenses will be levied on us, feel little confident about it

Ankur sir bahut sare fund small cap, mid cap, large cap, flexi cap to confuse hota hai investment karne k liye sir aap kabhi just example mein batao na selection process.

Sir...bhai warikoo...your SOUL trying to get..approval of masses a ordinary people.. nice of you, u may do something big for nation in future...my expectatio ...namaste. ❤

Thank you so much Sir....You are my inspiration for the SIP but always i have a question about what happen if i die between the years of investment? My family needs to withdrawal it or continuously invest? Please help

Idts it’s a best advice. It’s very complicated what I’ll do I would sell the house and pay the remaining EMIs and save capital gain tax on it and invest 50k from salary in MFs small and large cap.. in longer period of time this is the best option I can see because sometimes it’s not about the ROI it’s about the piece of mind..!

thanks for making this video sir i want to also come on your channel for improving my personal finance journey hats off to you sir you are really doing great work this thing really needed for every indian citizens

Thanks God u have given very helpful person.who give solutions to our financial problems..ye series chalati rahe world record Bane ankur ji.if you can charge we are ready to pay.kitane achche se aap sun rahe the.mai to fan ho gaya aapka

I am totally against clearing home loan. My home loan interest is 8.5%, if I discount tax return, it is giving effective interest ~7% after factoring in the volatility of interest. So this is cheap money and keep on continuing the loan and that extra money you are planning to put in home loan, put it in index fund if not mid cap or anything more agressive. This will appreciate much faster and by this snowball effect you will get enough money to clear the home loan. Yes I know a huge loan adds pressure and sleepless nights, I do have only home loan of 42Lk, but get used to it and focus to increase the available amount at a rate faster. 7% effective interest in home loan vs ~15% return from equity. Do your excel math.

Money matters series ke liye mei wait karta rehta hu.. please aise videos ko continue rakhe, I request you ankur

The guest speakers provided valuable insights. It's great to hear from experienced investors.

You are simply great Ankur, I always waiting for your now magical financial advice...

I am disagree to selling the ancester HOme fo rs. 60 lakh . beccause this is the hard earn property by father in law which not easily understandable by new age Bahu. take there opinion (father in law) ... as property is not made again and again... instead of that you can rented that property........My Thoughts

It's a very educative and motivational video series. Thank you, Ankur and Team. Please create a video on how to take a Home Loan/Personal Loan or points to check while taking these loans.

People talk so confidently on mutual funds and it's returns that it's frightening. Just remember that previous performance is no way a marker of future earnings.

Gem of a person, he presents finance with ease. Just keep doing good work. Would like to see an episode with 50-55 year , Working/ Retired person. I m ready to join if needed.

Really really great of you sir to bring some hope and positivity in Komali mam’s life… ❤❤❤ I wholeheartedly wish her all the best and thank you once again for helping out others in their life changing simple decisions which will going to impact them in a big way…❤

Selling the father-in-laws hard-earned property is a big no-no. I read somewhere - "Don't assume your parents' money to be your money. Keep them separate." So ideally including that house as a part of "your" asset is a blunder (trying to use the least painful word)

Really, Its a great step taken by Ankur Warriko...He is really a very simple man & a gem💎.. Thanks for helping us woth these episodes...we really need this...♥️

Super very kind information to learn from this conversation 🙏👍

@Ankur You are an amazing Financial Advisor. The way you decode the proper use of money is so helpful. Keep sharing such videos. Thankyou

Plss do not stop this series we can learn who others mistake and learning❤❤❤❤

I love the way you explain ankue really 🙏 Making such video is part of social help which you doing by put your self in our shoes 🥰

Simple and polite lady. This episode was quite helpful.

Sell the ancestral home, pay off all loans. Use the salary every month to invest in stock market. From peace of mind perspective this is a better approach

Life is not about accumulation of crores after 4-5 years. It is living with happiness. She is facing challenge in meeting monthly needs and we are talking about investment. Bhai koi bhi ghar becho and pay off your debts and live happily instead of killing yourself for next 4-5 years.

Ankur's biggest achievement is making blunders OK. plus those expressions deserve a show of their own :D

How can a monthly EMI of 15000 and 2 years left to repay and 6.5 lakhs to repay.. Simething is wrong here.

How come a 15k emi paying 2 years will be equal to 6.5L outstanding amount. Something is seriously wrong and it was not caught during the conversation

Great initiative sir, much appreciated for these sessions.

On paper it might look as if you are paying higher interest during initial months and lower interest during later months, but in reality , its the interest component is always on the outstanding amount. So, when you pre-pay / settle the loan doesn't actually matter. Its the same thing.

She said the car emi is 15000/- still 2 years are left for the car loan. Total 3.60 lakhs. And she said the current outstanding is 6.5 lakhs. How???

Really appreciated Ankur Sir, you solve financial problem chutki me. Jaise gale pe debt ki churi lagaii thi n usko ice banake jaiise melt Kiya Aram se 😅🎉

Love this series. M a regular follower. Sir you rocks

Idk how caleb hammer does episodes every day. In India there should be atleast one finance youtuber who should be doing 2-3 episodes😅

Thank You sir ji. I also got new idea to close lone Arly . Increase EMI with 10% & pay extra EMI ones in year Her English is so good. My English is not so good but I also trying to flaunt in English.

Awesome Ankur bhai, to start this series. A similar one had already got a lot of attention, FYF (you know!), and I was waiting for you to come up. Congrats!

sir can you make a video on how to understand a selfhelp book properly and to implement it in a practical way

15000/- Car Loan EMI - Outstanding is 6.5 Lacs - Years Left is 02 Years then this does not fit in calculation - something is wrong by KOMALI while explaining - 15000*24=3.6L-- Something is wrong

Instead of increasing emi its always good to pay of to the principal because usually it will incur charges to increase EMI.

Hello Ankur sir. Very nice suggestions by you to get rid of debts. God bless U

This series is really crucial and helpful Ankur. It is a mind opening and thought provoking series to watch. I'm sure thousands if not millions of people will get better with the help of this. Thanks for starting this. 🎉

Your explanation is very good ☺️😊

South people are very much charming and very polished and very much neat and clean very much transparent and translucent 🌹🌹

I think firstly they should change the school as 13500 fees is very much for 3-4 year kid

How is outstanding 6.5 lakhs for car when the monthly EMI is 15k for 2 years. Am I missing something?

Don't sell your home.....this is only hard time....time always gone....2023 mein Maine yeh Galti ki hai...or abhi tk pachta rhi hu....

I disagree with ankur. A better option is give the hometown house for rent. You will get an extra income. And put that to clear off car loan first.

I Respect you sir, But the reality is much different Selling ancestral house will not in purely white money, 2 ND things that she should work get primary source of income and then invest in share market Without money u cannot succeed in Share market

Thanks so much Sir for shating this conversation... An eye opener for us to have clarity on money mnagarment...

Nics video!! These are very good suggestions Ankur. Thank you 👍🏻 please continue this series

I am very impressed your financial loan repayment plan. Big thanks

car loan - you said is outstanding 6.5 lakhs. how come only 2 years outstanding with 15k EMI. this will come to only 15k * 24 = 3.6 lakhs.

2 years is a shorter time frame and asking her to invest in nifty fund and assuring it’ll give her additional 60-70k is wrong as markets are in bull run but next two years might not be, so always go for debt fund liquid funds for short term goals

Selling the ancestral house to close the home loan should be the option to avail. The family will save on property tax. Also selling the property for 60 lakhs will attract 30% tax so the lady will be left with 42 lakhs and not 50 lakhs. Pls correct me if I have got anything wrong.

Hi Ankur. Great fan of your. I appreciate your dramatised version of presentation which really is different from others and appeals a lot. A shout for help from you. Please can you give me some names of website etc from where I can invest in start up companies and unlisted shares with minimum investment.

This can help thousands who are in this sort of situation ❤