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Extremely extremely extremely hard situation. More power to Vishnu bhai.

his father made a debt around 30 lakhs ! but along with that he gave an asset of 2 Cr to repay it ! great father

Most genuine video across youtube in a while with real life problems and real emotions attached to it.

Here is my suggestion 1. Sell this home at 2.5 Cr 2. Pay off all the loans - left with 1.9 Cr 3. Now no EMI , so stay on rent for 3 years ( 25k Rent + 30k expense ) 4. Total income after monthly expense is 1.3 5. Invest 1.9CR flat + 1.3 L per month for 36 months @8% FD rate. 6 after 3 years you will end up at 2.8 Cr back 7. Now decide what to do. Assuming salary of their son gets increased to at least 20% overall in 3 years.

My recommendation would be - Option 3 you can refinance the loan by converting you loan from personal loan to Secured loan i.e. you can mortgage your house and reduce your loan interest. Option 4 - As you said your house has mutiple floor and if possible you can sell individual floor. Then you can pay your loans from that.

Stay Strong Vishnu Bhai - A Tough Guy!

Vishu is a very good kid. I wish him a lot of strength❤

This is such a touching story, literally goosebumps on hearing about the struggle Vishnu is facing in his life! May God give him strength to power through!❤

I can relate a lot with it Vishnu but one thing for sure “ye waqt bhi gujar jaega” you are the biggest supporter to your family so don’t lose your patience and just focus at what you are doing currently. I am happy to help whatsoever i can.

अंकुरजी मुझे पहले लगता था कि आप एक और influencer हैं, जो यूट्यूब अथवा अन्य माध्यमों से अपना आर्थिक लाभ करना चाहते हैं । परंतु मैं आपके money matters को देखने के पश्चात मेरे विचार पूर्णतः परिवर्तित हो गए हैं अपने अनेक याचकों के वास्तविक आर्थिक समस्याओं का उत्तम निवारण कर उचित समाधान दिया है । मैं इस चैनल का एवं आपका आभार व्यक्त करता हूं 🙏

Have been through this situation… my situation was even worse… but believe me tough times are a blessing builds character and brings resilience once overcome you realise there is no high limit to achieving something high! Only one advice don’t sell the house telling from my personal experience…. Keep trudging along!

We oftentimes underestimate what we are getting and feel like we should get more, but then there are situations like this where one is barely managing to secure his family. I personally believe second option will be the correct choice. All the best to Vishnu and his family. Great podcast Ankur

Vishnu bhai is a symbol of determination and steely nerves! I’m sure he will overcome this and be successful in life! May god bless him and his family ❤

Dude bechne ki bhi zarurat nahi hai aap use mortgage kar do house ko bank ko aap ko market rate ka 60%mil jayega.agar jitna loan hai utna lijiye agar 70 lakhs lete hain to 70 thousand ka emi ayega or tenure 15 years ka hoga…..aap usme reh bhi sakte ho rent pe bhi reh sakta hai…..aap dono mil k ghar chala sakte hain…..please consider it…🙏

Great thanx to wariko sir for giving his precious time to solve problems of persons like us.. it is not easy to work for society and teach them.. we all know his time is money ... But giving time to us is absolutely great

Waqt ki khasiyat hai- Waqt jaisa bhi ho achcha ya bura... lekin wo gujar hi jaata... so be positive and be strong vishnu 💪💪

Would hv liked ankur to explore and explain if selling just one floor of the house would be feasible or not. Hats off to Vishnu for talking about personal financial troubles on a public platform. It takes a lot of courage. Wishing you come out of it soon.

This is one of my 2 or 3 KZfaq comments. Great suggestions to Vishnu Sir as a brother. Heart touching. Kudos to Both Vishnu and his brother entire family for their unity in tough struggling time. Wish him and his family fast recovery from health and financial problems and wish him happy life what Vishnu thinks and deserves.

One of my favorite podcast that really makes sense

I have to say you really speak the best with great examples and nice words and emotions. You really inspire us just by the way you talk. Thank you for all your efforts

best episode in this series @warikoo !! A big callout in this one - handling finances is part of our inheritance as well. Time and again we find ourselves repeating financial errors of our elders. It may look like obvious mistakes to outsiders, but very difficult to break away from. Great episode, very relatable!

Option 2 should be the perfect choice for you, considering the immense amount of tension you and your brother are facing with his chronic illness. It's much more viable to sell the house and receive a lump sum of money to sort out all the loans. Vishnu, you and your brother are true fighters, and as Ankur mentioned, assets like these are meant to be a savior during such crucial times. You never know what tomorrow holds, and being a doctor, you'll also agree that illnesses don't come after giving you a heads-up. Yes, you might have a lot of emotions attached to your house, but at this time, you have to find a clean way to clear up everything and lead a tension-free, and most importantly, safe life. That will be my suggestion for you, brother. Stay strong, and everything will be fine.

This is one of the excellent & most required series sir especially for our Indians. Great initiative. Thank you so much for your most valuable service. 🙏🙏

I can feel such a hard situation of vishnu, mahakal gives you a lot of strength to get rid out of this tough situation😢

As we belong to the same (medical) fraternity, and as a 30-year-old who completed his MD just last year, and is therefore around the same age group, my advice is a bit different. Vishnu, as soon as you complete your PG, join any hospital in as integrated a town as possible (if there is no bond or you can postpone it). It will give you a salary of 2 lakhs per month, can go 4Lakh+ if you do some freelancing. It will not only double your family income but also give you the mental peace of having 15-20 lakhs in your bank account, or one lesser loan to taking care of, which you will need the most while preparing for super specialization. As there are chances that you will get an even lesser stipend during super specialization, you may extend this working period a bit longer too. Buy a term plan with approximately 2½ crores while earning well.

Thanks for such an amazing episode Vishnu and Ankoor. All I hope is that you can make it through the situation with your unshakeable nerves. That entire episode left me with nothing but gratitude for everyone and everything I'm privileged with.

I can feel this guy, I am going through same situation in different way. God bless you brother and Thanks Ankur to help this guy

Thanks Ankur Sir , For these series It gives others also hope that they can fight too

This was exact video I could relate to !! Thank you so much for making this ! Somethings which can't be explained but yet needs solution! More power to you Vishnu bro!

2nd option will be best as rest of life can be peacefull.. due to loans so much stress will be there so health will be effected.

Option - 3: Take a mortgage loan on house for @ 9 - 9.5% to 10% for 70 Lakh, pay all other loans with this loan. The EMI whould be around 1.5 lakh p.m. for 5 year repayment and 95000 p.m. for 10 year repayment against the income of 2.35 lakh p.m.

This video is just an reminder for all people who takes all those little things for granted in their life, not realizing some people have it worse than us without any of their problem. this video i will keep coming on to become humble in life

I can relate to the situation. Stay strong, Vishnu, and everything will be fine. Please check if you can take a loan against your house, as it may have a lower interest rate. I am sharing my thoughts; please don't take this otherwise. This is for other viewers and Ankurji: Can we help Vishnu within whatever limits we can? As I can see, there are 94k viewers who have already watched the videos. If each of us contributes at least 10 Rs, approximately 10 lakhs can be raised, which may help Vishnu in some way or another.

Another option would be to take a loan against the property at 9-9.5%, pay off existing loans + 10L emergency corpus. This could be a 10-15 year loan where the emi would be lesser and reduce the overall pressure on the family. The overall payout in interest would end up similar due to the lower interest rates.

Hard role always goes to the best actor.....you are the real architect of your life....i know very well that you play like a champ. Never lose a hope...1% hope is always burdens on 99% of ur problems. Be patience, be consistent!!!!!

Try to get Aayushman card for ur parents which providers 5 lakhs health cover each & can be used in some private hospitals too. 2 of my family members got free treatment recently on that card , one for heart operation& other for eye

Kudos to Vishnu and his braveness to share the details openly. Tons of thanks to Ankur to listen to him patiently and think like his own problem. This is going to help many people. I only subscribed to Ankur's channel 3 days back and now this has become my primary school for my financial education.

Hiii sir I just passed my mbbs from IMS,BHU I can completely understand and relate to what you just shared Thanks a lot for doing this I just want to suggest..... Why don't u just sell only one floor of ur house and continue living on whatever floor u r living in At least uncle won't feel completely detached from what he had built for you..... And assure him that once you start earning well .... which I'm sure u will.... U will buy back that floor..... Just a suggestion consider this if possible Because u never know the emotional repercussions on parents after selling home ( its not just house).... Fortunately u have an option to sell just one floor

Option 3 should have been discussed to convert all PL's to LAP (loan against property). His ROI over 35 lac would fall down to under 10 lacs and would have saved 1.5 lacs in interest itself. This 1.5 lacs can help repay loan faster and instead of 5 years, loan can be repaid 1-1.5 years faster (or this 1.5 lacs of interest saved every year can help him & his brother take Term & Health insurance and build a small emergency fund). Mr. Warikoo, I expected better financial planning from expert

Tough situation man, Sicerely hope you get out of this and start living a peaceful life. All good wishes to you.

Ankur you are genius. the way you helps ppl getting out of such big issue is tremendous. Great journey 👍

hats off warikoo Sir ! the humble way you have talked with this guy in a difficult circumstances is really very inspiring... All the best to Vishnu to get out of this precarious situation.

Don’t worry people… being a doctor he will easily earn Atleast 2 lakhs per month after completion of his residency

3rd and better option would be taken a Loan against property (LAP) for 15 years , for a 50 lacs amount monthly EMI would be 50-55k which you can pay off from your rental income. In that scenario your father's emotional damage will be minimum. After 3/4 years when your studies are over you can repay it with prepayment option. 🎉

I pray Vishnu will reach his career destination and be able to buy back the same old house which he will be selling. Jai Shree Ram

Ankur Sir, I'm happy you are solving complex issues with simple approach. I'm learning so much

Jo ho chuka, wo ho chuka. Please still respect your parent. As some in this situation make our parents feel guilty for all that everytime.❤

Extremely hard situation. I pray that things get smooth soon. Sir with due respect I have 1 small suggestion. Vinshu can take education loan for college fees and can use 10k which he is keeping aside, to pay loan fast or anything else more important.

When I need courage to face life I watch one of your Money Matters episode. It fills me up with the strength I need to get up and face another day and believe that things will change as long as I'm determined to stay put. Thank's @Ankur for giving me hope. Hey Doc you are going great guns and you will make it. Best wishes to you. Stay Blessed.

Hi Vishnu, you guys are doing a great job looking after your parents and the finances. For your financial situation I assume the overall loan is about 12.5L + 10L +35L which comes into 52.5L. You can opt for mortgage loan it would be around 9.5 to 10% with 25 years if you take 60L it be around 55k per month. If you pay one extra emi every year and increase your emi payment by 10% you can close your loan in 10 years.

Relatable At the age of 26 I took the responsibility of my family business which had a 78L loan. With a family income of just 35K only through business. 65K I use to pay purely interest. Only having an asset of 20L small house. Now age 29 i got a job of 12LPA and i stabilise the business and now I have loan of 60L. With a family income reaching 2L. I Paying 1.2L as EMI and interest. I feel it’s part of life if u don’t have problem then ur life is boring

Option 2 sounds the best since it’s easy to start from zero as opposed to being in such heavy debts. He is anyway a doctor and will progress a lot in his earnings. It’s easy to start from zero as opposed to being in negative figures

BIG RESPECT TO BOTH OF YOU FROM THE HEART, VISHNU AND ANKUR FOR BEHAVING LIKE A OWN BROTHER RATHER THAN FIN INFLUENCER.

Vishnu some how you missed the part that you are a Doctor,after pg if you do super speciality your Income will be nothing less than double or even more than double of your current salary. Don’t hasten in selling your house.Just wait for a year or two. The best is for time being take insurances for you and your family member who so ever is eligible. Also dont forget a medico most likely marries a medico which means you will have a great support from your partner as well. Plus just one last thing have faith on your degree bro,it is just a matter of 2/3 years and that 8/9 years of hard work in college will reap you result in leaps and bounds.

Hats off to Dr Vishnu...This man has nerves of steel and facing such circumstances so bravely. Hope you keep on going in life strongly and God shows his blessings on you as soon as possible.

I think selling off house will give him better life . Also he will be free of mind also and a free mind can think further things in future. Its a Hard descision to take but it will give a breathing space . I hope he get all the courage and God Bless❤️

I feel like i am quite lucky man, although they have high income than my family but we have stability….stay strong brother you’re a brilliant person both as a son and a doctor….believe in yourself and god and keep going hope so everything gets sorted in no time 🙏🏻

Stay strong, you'll get through it❤

I would suggest to get a loan against house at a lower interest rate and payoff all the loans and then pay the remaining housing loan slowly & steadily with lesser EMI & simultaneously live your life happily.

This advisor is beautiful. God bless him.

I'm 24 years having more than 25+ loans lakh and I'm the only one in my family who earns now I'm in Japan paying my school fees and self-expenses, and it's getting hard cause the Japanese yen is getting down

I love you Ankur Sir. Just by interacting with you or watching you speak will solve 90% problems.

Vishnuji, aap bahot hi himmat vale ho jo open platform pe ye sabhi share kar rahe ho.....!!

I can totally relate with Vishnu ji , it's really hard but there's something inside you which is far more powerful than anything in this universe 😇💪🏼 stay strong Vishnu . Thank you so much Ankur ji for your wisdom and knowledge .

That option 2 of selling house hit the heart..... But this only hope for pursuit of happiness

Until I watched this video, I thought I had a lot of issues in life. But Not anymore after I watched heard Vishnu’s story. I’m so grateful to God for what I have and what I don’t have. I hope Vishnu, you get out of it soon.

Hi Ankur. He can sell his first floor as his house is in Gurgaon. As in Haryana we can sell first floor and they can repay their Loans in one go. And they can own Ground floor. 1 advantage they don't need to move to some rental house. God Bless him and his family. And God bless you too Ankur and take care of your health.

My suggestion would be "take loan against property". Intrest charges may be around 10%

Defeat is a state of mind no man is ever defeated until defeat has been accepted as a reality.. Go frwrd bro.. 🤝

This is very emotional segment that how life is hard so before it becomes hard we should be ready for it by doing something good in life interms of savings.

i think if you have patience then keep it continue and you are such a great doctor and when you will do job i think 1.5L pm you will get then easily you can manage. because selling house is not be a good option because some years later you will find that your house value is amazing. and if you don't want to continue then take loan against property by mortgaging your house and then pay off all the debt of personal loan and relative loan . then your monthly interest saving will be around 60-65k and emi of new loan will also be approx. 55k if some amount left just little bit amount 5k you put in sip and continue it. because i have listened that it will help you to cover your interest of loan.

God bless him & his family.

Wonderful real life stories. This is the way you have to present real stories with current situation. According to me, no matter what is your qualification or profession. Everyone in this world should know what is personal finance. I would say personal finance is a ART. UK government is going to implement in school level regarding personal finance. I recommend Indian government should also bring personal finance in our curriculum. Best of luck my friend. No worries, you can bounce back. Good luck.

Option 3: taking an home loan on existing house around 60 laks, he will get it for much lover interest and he pay all his debts and home loan tenure will be around 20 years with 9% interest rate the emi will comes around 55k and rental income will take care of it.

Not sure about the circumstances and family issues. It's way more personal between a husband wife and family but practically if Elder Brother has 2 children already, again his wife is on a Maternity leave. That's also not a wise thing if we r looking at the Finances practically. I have paused the video after when he said his brother has 2 small kids. Also I would recommend them to go for Pitra Dosh Pooja or visit any Jyotirlinga ASAP. I'm not a professional astrologer but I am 31 and I totally relate my stress at this age with this guy. He's doing a great job and he must be under the influence of Saturn so I request him to consult some wise astrologer and do certain remedies if not just worship Shiv Bhagwan and Bajrang Bali. I know this channel and audience may laugh over this but no matter what he should try at least for a week with faith.

Vishnu bhaiya apko aur apke bde bhaiya ko mai salute krta hu jis trh apne aur apke bhaiya ne sb chizo ko smbhal rkha hai salute hai mai bholenath se prathna krunga ki uncle aunty jld se jld thik ho jaye aur sath me apki sbhi preshaniya bhi jis trh aap apni personal chizo ko leke compromise kr rhe ho sch me ye ek acche bete ki insaani hai

Kudos to Vishnu for discussing the problem of many through his own story & thanks Ankur sir for bringing out such issues in public for awareness. A lot of earnings get lost in the Interest. Its a big Trap that people get sucked into. Lending Banks are too clever that they are try to clear almost entire Chunk of Interest amount in first 1-2 years itself. Banks make thousand crores in profits every year from people’s money while those families are in so much pain and stress. Some end up committing suicides at times. Easy monthly Instalments or ease of access to loans does empower the common people but we need some solution where the exploitation by Capitalism can be controlled.😮😮

Gentleman believe me, you are getting training in your situation and believe me you will never fail in life after learning by situation. You will have a great future and very rich in life. I can relate with you and I know how this learning is going to help you in life.

*When you have only 2 loans of 4 years tenure, so why are you overthinking selling the assets of 2.5 CR ? just a baseless decision you are gonna make, better wait for 4 years to complete the tenure after that everything will all right, what do you think getting 50k rent from a house is less? after selling your property you will lose both the assets and the income source already you are getting,just wait for 4 years,I really don't understand why is the hurry ?*

Another option could be leasing out one or 2 of the rental homes for some 3 or 5 years and clear off a personal loan. Now the EMI amount of cleared loan can be used to clear out another personal loan also early. The property remains intact, loans get cleared early and u have no mortgage on the property as well.

Wishing best to vishnu...life is difficult...most genuine video...real life and real problem..great podcast

i can very much relate to him. i have been through such situations, i was trapped in the personal loans, at one point, i have to pay 13 emi in a month.. sleepless nights, health issues all trapped me😢

The best show👍👍👍

Kudos to Vishnu! Keep fighting brother, it will get better.

Ankur bhaiya I am 14 years old and I like to watch your KZfaq videos it's very informat

Truth always touches the hearts ❤️ Advice is great he should aligned to the advice

Beautiful advice. He also wants to settle down have children and other stuff. Selling house is the best way to cycle life.

Great advice Ankur.

Such a very informative and genuine podcast ever ❤thanks bade Bhaiya

And yes Vishnu bhai ur family is with u.. u all are one so u all will solve it soon...

You are doing a good job.solving realtime problem.

Heart touching conversation in financial field ❣️

Keep your motivation high Relax, this too shall pass Have good friends, spend time with them forgetting your tensions for a while Stay positive God bless you

Please do an update after his problems are solved.I feel for him and his family.Would love to have an update.😢

I am more concerned for his elder brother. His income is only 1 lakh. Already has two kids + 1 on its way. Age just 32 already has a heart condition. God why ?

I know one of friend cousin who was in the same situation. He s also a Doctor. I remember he was doing PG and was getting almost the same stipend. One day I got to know that he cleared all the debt and made some good investments too. He went to US where he was working in a cruise. That was highly paid. He used to get 10lpa per month after all deductions. That's how he cleared of all the loans. Good luck to you vishnu....

Aidi financial situation me se bahar niklne ke liye first koi aapki help kr rha hai to dil khol ke sach bolna chahiye and dusra fight krne ke liye guts chahiye tohi crisis se bahar nikl sakte ho.

The PL EMIs have principal as well as interest. When refinanced through relatives that should be negotiated and agreed upon. The asset they have is a HOUSE on a PLOT in GURGAON which is generating INCOME which will keep INCREASING with time. Highly NOT recommended to sell this type of an ASSET. Rather he should ask his father to get it mortgaged at sub 10% rates for longer duration. This will reduce the EMI burden significantly. Will allow savings/investment possibilities. This will be a long haul but eventually the amount they will repay as part of interest will be lesser and at the end of it, they will still have the property still generating income and increased in value leading to increase in net worth.

Big respect to you vishnu & your family & brother... Please do that what ankur sir.. and we want to see you again after one year ... 🙏🙏🙏🙏