Living on 60 Lakhs Package in India | Fix your Finance Ep 14
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Hey Guys, In today's conversation we will look closely at the finances of Firoz and Anjum who combinedly earn approximately 4 Lacs per month. We will look at their income, expenditure, loans, and investments.
I'll be talking about savings,upskilling,lease,financial planning for children, buying a used car vs new car, retirement and credit cards. Enjoy :)
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Disclaimer: Neither the guest nor I am a SEBI registered investment advisor. Information shared is only for educational purposes and not investment advice.
Music licensed by Epidemic Music
@anshumanfinance Жыл бұрын
Hey guys small correction at 12:22 The amount after investing 20K with a 10% step up every year and 10% return/year would be: -after 16 years: ₹1,74,91,896 -after 17 years: ₹2,04,87,919
@PANKAJKATARIAA Жыл бұрын
Can you clear the doubt about 50crore fd final output. What fd rate did you considered and how did you calculated the tax please elaborate little
@rajsigma007 Жыл бұрын
So what certification did they do to get a job like that?
@PANKAJKATARIAA Жыл бұрын
@@rajsigma007 technical coding programming certifications and experience
@sanjayketan01 Жыл бұрын
Hello Bro, may I have your contact number? Currently I am in a major financial crisis
@sucheta08 Жыл бұрын
Could you please specify their industry experience in total ?
@santxsh Жыл бұрын
Are these the ones who post questions in Quora asking is 60 lakhs sufficient to live in Bangalore?
@rishirajgor4025 Жыл бұрын
Just rad one of those
@nachiketbhuta1248 Жыл бұрын
😂😂😂😂😂😂
@jinjashorts Жыл бұрын
Lol 🤣🤣
@purushottamkumar3140 Жыл бұрын
Wahi hai
@kumararun8337 Жыл бұрын
🤣🤣🤣
@off-course Жыл бұрын
4Lakh/month is the income with no loans and she is worried about her kids elementary education! God where are we headed, really feel sorry for the company she is working for.
@anaghaaithal5226 9 ай бұрын
You should feel sorry for her. They have called their employees 5 days a week and they're not even giving cabs.😂
@yashwanthgowda4483 Жыл бұрын
Dude with 60lak per annum 20 families can live a normal life. 10 families a lower middle class life. 5 families a upper middle class life. 2 families a luxury life. 1 family will have a blast 💥 Seriously!!!!
@arkasarkar3901 Жыл бұрын
Now contact this landlord with 70 apartments and 15 bars for a FIX YOUR FINANCE episode 😂
@kr2ik Жыл бұрын
bhai bhai bhai 😂😂😂
@jiteshsharma9562 Жыл бұрын
Exactly, dude 70 flats and 12 bars
@Gullak_Niveshak Жыл бұрын
A guy with that huge portfolio doesnt need any help. He should come to give lessons. 🤣
@realavdhut Жыл бұрын
He Must be a politician or have a politician's support
@yujirobosss6247 Жыл бұрын
hahahhaha highlight of the show was the Landlords details!!! 🤣
@dhananjayvaish3276 Жыл бұрын
Ye mjhe lagta h unique series h ese jisme people are openly talking about their personal finances in front of an expert like you . It requires courage to openly talk about finances ese So that's so nice And it's curios to know how much people earn and how their spending habits are !
@Sayan_Biswas. Жыл бұрын
I have seen many finance video but really the way you explain with clarity is definitely top notch... Happy to be your new subscriber. ❤️
@nishajaisingh2745 Жыл бұрын
Something that I have been searching from a long time to understand how others manage salary, cannot really ask openly to a colleague or family, so this sort of video really really helps for newcomers like me who are confused in life. thankyou
@agnivdey Жыл бұрын
Above all, if you can't see your kid everyday then all this money has no value! It's time we move back to organic way of living!
@sajaljain6472 Жыл бұрын
It define the purpose of the series if you are interviewing such high package people it will be really helpful to majority people if you interview people between paypackage of 5-14 lpa where most of the it or normal are earning and are in desperate need of new way to invest
@anshumanfinance Жыл бұрын
Both of them were making less than 10 lpa 5 years back. They are able to invest more, save more because they upskilled consistently, there's a learning for all of us here!
@sajaljain6472 Жыл бұрын
@@anshumanfinance got your point. I know those big no. Do attract the people myself watching this video for a reason let's see how 60 lakh people manage their money...but when I finished watching and i have been watching your videos of this series which quite interesting didn't find much idea about where to invest or manage your money properly specifically for this 5-12 lpa salary..
@sajaljain6472 Жыл бұрын
Because inspite those fd few mutual fund what are the other ways it would be better if you can shed some light on like t bills, corporate bonds, govt bonds, debts funds(which recently didn't perform ed well) Although I do appreciate you do make your point for chitfunds i.e people should refrain from them
@Rmm1236 Жыл бұрын
@@anshumanfinance anshuman plz continue to interview these high packages as well.. 1. Cz it makes other people in lower salary to aim for big. 2. How it is to manage such lumpsums.. Cz i definitely feel jitna zyada paisa utna zyada confusion. Thank u and plz plz plz continue to do ao
@bendover-bz4bc Жыл бұрын
People who who are earning in 3 to 15 LPA should forget about investing. How much are you even going to earn even after investigation? At this point you should just start a side hustle business and try to grow that hustle in full time business so you don't have to depend on your job.
@TechwithLaughter Жыл бұрын
Hi Anshuman, The Fix your Finance series of your channel is really great. I love it!
@04rit Жыл бұрын
We earn 60LPA. Our only 4 year-old child doesn’t stay with us. Interesting !
@22SN335Neha Жыл бұрын
😃
@tousifsheikh6243 Ай бұрын
Without kid 60 lpa is useless that’s so money centric
@NoorAlam-eg1yo 3 күн бұрын
I feel it too. Child over TV
@shilpagiri7637 Жыл бұрын
We are living on 60 lacs too.. we own a home, car (basic hat hatchback) but we have no loans. I guess a good financial planning is getting rid of obligations first investing smartly and enjoying the present.
@tenacity8281 Жыл бұрын
Don't mind me asking what do you both work as.?
@robust3276 Жыл бұрын
hope ur kid lives with you :)
@snehasishchowdhuri7039 Жыл бұрын
They just called Anshuman to show off😂😂
@AmitSangwan123 Жыл бұрын
😂
@stevedinesh887 Жыл бұрын
Cred 😂
@rajkiransthavarmath6770 Жыл бұрын
One thing i learned in this session Jindagi sasti hai just jeene ke tarike mahenge hai.🙌
@chrismorganofficial Жыл бұрын
This series gives us clarity about the perks of upskilling. From freshers to experienced we get clarity on how we can manage expenses and what the market offers as we grow and upskill in our career. I like some terms like impulse buying covered and alot of other informative content mentioned. Overall a really apt series name - Fix your Finance Great series bro!
@kaustubhkulkarni1331 Жыл бұрын
No offense, but just post covid there was a huge boom and most of people I know were getting >150% hike. Not necessarily got anything to do with upskilling, but just the market conditions.
@praveenakanakaraj5061 Жыл бұрын
Not true..I just upskilled myself last month and I got almost 300% hike...from 8 Lakh to 31 lakhs
@chrismorganofficial Жыл бұрын
@@kaustubhkulkarni1331 Just the right demand and supply probably. Thanks for your views
@chrismorganofficial Жыл бұрын
@@praveenakanakaraj5061 Interesting! Congrats on your hike
@jasonaalab Жыл бұрын
@@praveenakanakaraj5061 so what did you learn
@anchal2506 Жыл бұрын
Biggest struggle which working parents face, is bringing up the kid safely and with correct values. That is also one of the biggest expense of such families. Paying nanny, daycare or moving to bigger houses which can accommodate parents, and good societies so that kid can be safe. That is a big thing on which most parents are not going to compromise and leave the kid to grow up with grandparents. Not worth the money, savings or comfort. Also, they have very limited knowledge on general finance.
@macdeep8523 Жыл бұрын
everyone cannot be an expert in personal finance... That's why PPL like you come in picture
@RandomGuy-co7rq Жыл бұрын
I and my girlfriend make close to 80 LPA combined. We are both engineers living in BLR. One of us works in a startup, the other at CRED. We have other couple friends who make more than 1.2 crores working in tech. While some of these friends are from tier-1 colleges like IIT Kharagpur, I and my girlfriend are both from tier-3 colleges. We try to live below our means, don't own a car, we enjoy traveling, and eating out, but we budget our expenses and try to save everywhere.
@adityadwivedi7672 Жыл бұрын
Ctc add kar diye ho lagta hai ....🤣
@YASH-cz6ir Жыл бұрын
Do you have any certs?
@sagarpawar-ut3xv Жыл бұрын
Can u give me your number
@RandomGuy-co7rq Жыл бұрын
@@sagarpawar-ut3xv lol why?
@MohitYadav-th7fz 10 ай бұрын
Tier 3 College se pass out hone ke baad bhi 80 lpa ...aisa kya kaam karte ho Bhai..
@theweirdindian7768 Жыл бұрын
2lakhs tv is cheap and 6k medical expenses says Bengaluru is expensive 😂😂😂
@G-ew6sk 9 ай бұрын
Yes materialistic priorities 😢 they are so busy... Goes to see their 2 year old child once a week.
@SD_003 Жыл бұрын
Just sad to see a 20 month old has to stay away from mother and father. 😢 And then chit funds🙄
@shreyaraha7481 Жыл бұрын
I don’t know something about them didn’t sit right with me.. why can’t you call you mom to look after the kid when you go to office or get a nanny or work in a company that provides work from home..! And investing chit funds.. and 5K medical expense is expensive !!
@SD_003 Жыл бұрын
@@shreyaraha7481 I ask my parents (including in-laws) to monitor nanny when we go office. Yes my parents & in-laws stay with us 6 months each monitoring our nanny taking care of the child. During that stay we get their full body checkups and all done as well. So its a symbiotic relationship which helps all the parties 🙂👍
@nickelvikky9707 Жыл бұрын
Earning 4 lakhs a month but kids don’t get that parental love .. money is everything in today’s world
@deepdigitalcontent Жыл бұрын
Whether they get parental love or not , kids will eventually leave and make their own one day .. how do you expect the parents to thrive later , wait for kids to spend on them ?
@nickelvikky9707 Жыл бұрын
@@deepdigitalcontent I am talking about kids you are talking about grown ups … You need to understand that when kids don’t get required parental love that will have lot of negative impacts on relationship between parents & kids
@shaneward2588 Жыл бұрын
@@deepdigitalcontent why to have kids at first place if these calculations runn in your mind and are not in position to take care of own kids.
@deepdigitalcontent Жыл бұрын
@@shaneward2588 looks like you're a male who is only taught to advise females on how they should be living their lives.. Get a life dude , i don't need your suggestion .. I'll keep advising people on such stuff and i don't need your suggestion on how i should do that
@shaneward2588 Жыл бұрын
@@deepdigitalcontent where did female come in picture In all this now. You junk person. And by the way you want to thrive late years, but in this context the family has handed over the responsibility to grand parents. So grand parents don't deserve to enjoy their years?
@theweirdindian7768 Жыл бұрын
Earning 4 lakhs and says 6k medical expenses as Bengaluru is expensive 😂😂😂😂
@YOGESHSHARMA-yy8ns Ай бұрын
😂😂😂😂
@devendraadhikari2621 Жыл бұрын
Me and my wife at 2020 (i.e. before marriage) earning ~18lpa, now after 2 year of marriage we are currently earning ~50lpa...by upskilling and switches.
@abdulsami1718 Жыл бұрын
Which job profile and what courses you did to upskill
@ankitchahar7091 Жыл бұрын
Earning 60 lakhs having tv electronics everything expensive and meeting kid at weekends, that’s some life
@sps6 Жыл бұрын
Someone’s ass on fire earn 60 lakhs and then comment 🔥
@coconuttree7404 Жыл бұрын
Meeting kids at weekend...idk Not a quality life
@farhankhan2482 Жыл бұрын
@@coconuttree7404 yeah. Why do they stay away from thier kid?
@coconuttree7404 Жыл бұрын
@@farhankhan2482 probably because they are busy in earnings and don't have time to spend with their children that's why handed over them to their grandparents.
@vedantvethekar8993 Жыл бұрын
@@coconuttree7404 too busy making money instead of living life,no balance in life basically.
@munjeerathabasum7114 Жыл бұрын
Great to see such young couple having big dreams.. keeping much in the savings part is always the best option and best wishes to you both.😊
@melt0794 Жыл бұрын
Bro, I don't know their age but they don't look young. Kind of look like 30+ year but yeah their kid is 20 months old so maybe had the kid late or they are 27-30 years old but look old.
@FullMetalPower7 Жыл бұрын
@@melt0794 the guy looks to be in his early thirties while the lady is clearly above 35
@burugulakarthik5685 Жыл бұрын
You are spot on at 8:38 . I always believed that we should focus on how to increase in the income first .
@adityakolhatkar8703 Жыл бұрын
50-60 crores for retirement, kya logic tha? 😅😂
@rajmohanmasanam5897 Жыл бұрын
They are thinking that their salary will rise 80% every year
@whocare336 Жыл бұрын
I am working as a Sr. Consultant in a big 4 company have 27 LPA and all of my adult family members are working as software engineer with family income 10 Lakh per month along with work from home so very less expense. But trust me we all live very low standard life. Life style didn't change for all with money.
@natrajc4423 9 ай бұрын
Agree with you
@ilyazzz_31 Жыл бұрын
For mumbaikars : I live in vasai and my college is in charni road around (75 km ) I got a concession form college and I applied for a train pass quarterly ( 3 months ) it costed me around 500rs for 3 months I can travel unlimited to and fro but anjum man spend 600 hundred per day difference between a student and a professional working persons 👍
@priyankjoshi2808 Жыл бұрын
Bhai Teri mehant jaroor rang layegi . Time aayega
@rahul345678 10 ай бұрын
They don't have locals in Bangalore . Mumbai local is one of the cheapest and fastest mode of transportation not only in India but I guess in World
@anaghaaithal5226 9 ай бұрын
Anjum is spending that much because she's pregnant and the office doesn't give cabs. Otherwise why will she choose such expensive means of transport on a daily basis? If you are pregnant at say 21 and if you're still going to college, you'll still choose at least auto instead of heavily packed buses or trains. 5 months pregnant is no joke.
@rajsinghchauhn Жыл бұрын
Doesn’t matter if it’s 60Lakhs or 60 Crores.. This money is worth nothing when you don’t even have time to keep your kid with you and can only see your kid once a week. So freaking sad and pathetic tbh.
@munjeerathabasum7114 Жыл бұрын
We just can't comment on anyone's personal life here. It's their thoughts and their situations to keep their kid away. No parents wants any of their kids to be far away.. everyone have their own perception...
@hoveringcow Жыл бұрын
They will earn 4-5 crores in next 10yrs n quit d job
@arunkurian9367 Жыл бұрын
It depends, if you want to make money, you might have to forgo the time of your kid, but if you want time with your kid, you'll have to forgo money....
@faaranmohd Жыл бұрын
I can't comment for others, everyone have their own perception but I would not want a life like this
@AmritenduRana31082000 Жыл бұрын
Bullshit lol.
@Karan-vq5vg Жыл бұрын
Most underrated content on youtube I would say. Kudos to you for this great content you are putting out there 😃
@ravgeetdhillon2990 Жыл бұрын
Found another amazing channel. I liked the energy. Subscribed!
@PavanMehta Жыл бұрын
how is she getting ola bookings daily also isn't 300 peanuts for 25kms in banglore
@PratikDaga23 Жыл бұрын
They prob meant 50 cr 20 years from now, which is a very reasonable amount to expect for them+parents.
@bhumikakeswani4511 Жыл бұрын
Woah Anshuman great episode!! Also, curious where the shirt is from? 😍
@sandipandas3910 Жыл бұрын
My frustrations gets increased by looking into these videos and I feel I have not done anything in my life and I am now 38 old 😢
@khalsa3344 10 ай бұрын
Life is like that....
@natrajc4423 9 ай бұрын
38 me too here😅. but I m good on financial terms
@natrajc4423 9 ай бұрын
Don't b frustrated. Money will never give u happiness. Believe me
@templogical3095 3 күн бұрын
Man I earn 85 lakhs per annum and I am younger than you. Get out and do the work
@sidjain6824 Жыл бұрын
Bro please also try to take inflation in consideration when asking the amount required to retire as 50 crores after 20-25 years will not be same as 50 crores today
@kannanlg4979 Жыл бұрын
How does travelling 50 KMs every weekday to office as compared to travelling 50 KMs ONLY twice over weekend to meet parents make sense? 🤔
@pranjaldoorwar9743 Жыл бұрын
150% hike during great resignation was common let’s see if they can continue to get these salaries after recession hits India
@jaypalnitkar4400 Жыл бұрын
Yes you are right .. hikes were extremely good few months back but now tech sector is very gloomy. Till 2024 tech salaries won't be hiking much
@kr2ik Жыл бұрын
man I really love these episodes, I eagerly wait every week for the episodes
@vedantyawalkar8264 Жыл бұрын
I went from 144p to 1080p at the time of certifications.
@NM-tk4kc Жыл бұрын
I was frugal with 720p managing my monthly quota😀
@iamufs8436 Жыл бұрын
You guys are really an inspiration to all of us to upskill.. superb episode👌🏻👌🏻
@LokiWhoRemains Жыл бұрын
Anshumann i love this series. I understand its not getting views as expected. But trust me it will get its viewers eventually.... My request is please get good quality mics like beerbiceps podcasts or rode mics.
@chetanpen Жыл бұрын
He definitely need to improve on that.
@kartikt.s813 Жыл бұрын
This is great content. Good job, @Anshuman. It is evident how relevant and useful this content seems to be for users. The format, with Fatafat Finance, is a great hook. Fatafat Finance is actually a good way for viewers to understand more of the psyche of the hosts(people who are being featured in this video). The fact that the series hosts real people, the incentives to watch the episode until 80% (No logic here, just my personal experience. Hence, the number is arbitrary, and represents an above average completion rate). I like Anshuman, too. He's polite and respectful, lively, and comes across as a chill guy. Somethings to consider / Suggestions : 1. Can you share the data in a tabular format i.e a summary of the numbers discussed, at the end of the video? One downside is that watch time/completion rates can reduce, because the most relevant information outside of the numbers discussed, are the names, age and what they do. 2. Dive deeper into professions, upgrading one's skills of the people being featured. 3. Interview folks with diverse mindsets, and desires. For eg : couples with one person working, or, people with alternative careers, folks who don't want kids etc. Thanks, for your content. I enjoyed watching them.
@peter488101 Жыл бұрын
loved your interviews. Would like you to also ask about family and educational background of people for better perspective.
@MasterYadu Жыл бұрын
My friend is earning about 40-50 lakhs per month. From affiliate marketing. His expenses are 3-4 lakhs per month
@mnbvcxzzxcvbnm Жыл бұрын
Man, you are going to grow exponentially!! Keep going !!
@kumaiyavlogs5020 Жыл бұрын
Great video bro To give such a useful insight
@PremKumarFourhearts Жыл бұрын
This is such ab eye opening episode... advance congrats on the baby for the couple!
@PratikDaga23 Жыл бұрын
Lease is fun and games till it’s time to get your money back
@mayankrc3725 Жыл бұрын
love your videos keep it up there is only one mistake i think there is a eco at time of green screen so can be improved on 👍
@jaypalnitkar4400 Жыл бұрын
Excellent pay hikes ... Too good
@anikettiwari6885 Жыл бұрын
Fd rates were high few years back that's the half story. If you check the inflation data that was also very high.
@manojmm2310 Жыл бұрын
I am being 13 lakhs current salary im investing 3 lakhs per year without any credit cards
@theopensourceYuvraj Жыл бұрын
Good work Anshuman...
@arv1ndnarang Жыл бұрын
Anshuman maths ke hisaab se. 50 kms a day * 5 > 24 kms one time when they go to parents.
@sandeepsharma9694 Жыл бұрын
Hey Anshuman, I am wondering at what stage do u recommend a home loan? I believe its interest rates have been equivalent to inflation rate..and if it's not now than its never..i used to pay rent of 12k in 2016 and now 35k..i also observed that being on rent increases ur needs and desires with time which makes you switch at to bigger house or good societies every 4 years
@anshumanfinance Жыл бұрын
When your EMI is ~30-35% of your stable Income, stable being the key word here. Also would suggest to get a term insurance for the primary loan payer just to secure the family in case something wrong happens.
@mithunbobade1 Жыл бұрын
@@anshumanfinance this EMI is considered with how much long period (10 years ) thanks !
@priestrules87 Жыл бұрын
One kid is already living with grandparents, where will second kid live, post 6 months maternity leave? Need to consider upcoming changes in family dynamics in financial discussions
@shaneward2588 Жыл бұрын
Second kids will also go to grandparents while they earn bucks.
@adityadwivedi7672 Жыл бұрын
Wohi, grand parents ke paas. Aur kahan 🤣
@chaitanya7632 Жыл бұрын
Feedback....at end of video you can give summary of their total monthly expenses, income, savings and your opinion on it
@adi6183 Жыл бұрын
I am impressed that both earn almost equally and such high income. They can retire in 10 years if planned.
@dwimusudem7943 Жыл бұрын
I stopped watching this the moment they said their little kid is not living with them and shuttling between the grandparents houses. Pretty sad to be earning so much and not being able to give time to your kid. Such high salary but feels as if living in a prison. Good luck to them I hope they manage to fit their kid in their daily life.
@anaghaaithal5226 9 ай бұрын
So quick of you to judge. Did you wait for her to mention that she's currently pregnant? Instead of leaving kids in day cares this is best. My mom returned to work when I was 3 months old. I grew up with my grandparents. It's one of the best things that happened to me. In 5 years the kid will start staying with them regularly and start going to school at the same time they leave for work. The same happened with me. Especially in tech once you take a break it's extremely hard to return, even if it was for just 2 years. In spite of all the "women returning to office" models you see from different companies it's only to maintain good image in market and it doesn't really benefit for women.
@vishalheble Жыл бұрын
600 Rs for Ola cabs for 50kms daily. What a joke. I will never ever believe this bs
@munjeerathabasum7114 Жыл бұрын
Ola auto is available for such amount for the mentioned kms.
@user-kr2wj3pi1q Жыл бұрын
@@munjeerathabasum7114 Auto main 50km? Saala 3 ghante din ke ghus jaayenge
@lifeisbeautiful4371 Жыл бұрын
Lol I take ola auto everyday. . 12 kms 190-200rs for one side.
@srikantasahu Жыл бұрын
Why go for car on emi when you have 2 lakh + investment surplus ....debt free is the most peaceful way .pause investment for a few months
@farhanaumar9316 11 ай бұрын
Great Concept. Very informative
@Unknown-cz6mk Жыл бұрын
Informative video 💙
@rutunjparikh2775 Жыл бұрын
anshumanbhai gives me chill vibes.
@october9996 Жыл бұрын
Brilliant work. Can't wait for Mumbai Guest.
@Entertainment-nr7vt Жыл бұрын
Anshuman, thank you your good work.
@Vivek788 Жыл бұрын
Good content and great learning that upskilling is the greatest investment. Investment in chit funds is good if you trust the provider, like in Kerala there is the government provider KSFE.
@rethraj Жыл бұрын
Chit fund is worst . It’s like keeping on fixed . Use better option for returns like bonds from government . KSFE may flip in years because government is already doing rolling money with profitable government organizations.
@akshayaravi8536 Жыл бұрын
Can you please upload more series like couple and a kid family?
@meetsorathiya3343 Жыл бұрын
wht taking 11 percent personal loan is better to finance a used car ?? tax benefitt? coz that image showed rrates between 9-11% for preowned car finance
@harshadshirsat6484 Жыл бұрын
Not sure how the income is 4 lakhs after tax. Both are in the tax bracket of 25 - 30%. There should have been focus on that as well.
@naveenkolli8651 Жыл бұрын
I don't agree with your last point where you said 40Crs is way too much for retirement, Let's say the couple would retire after 30yrs & how can you forget inflation of ~8% per annum? what was the price of petrol 30 years back & what's the price now?
@MrPraveenroyal Жыл бұрын
This guy just watch all big fin channels n provide as his own solution and earn money.. good job bro
@toalucinor Жыл бұрын
Technically a retirement budget should be somewhere around 10x your annual income (inflation adjusted). They just 100x'D their retirement fund need with a 48LK collective package :)
@robust3276 Жыл бұрын
i think it shud be 25 x atleast
@prashantkv4 Жыл бұрын
This shows earning 60lac Or being in top 5% bracket doesn't mean people are good in personal finance. Everyone need financial advisors or can go for free/paid financial courses online.
@bhanupriya6546 Жыл бұрын
I learnt so many new things after watching this video
@JourneytoDivinity Жыл бұрын
Sir can you make a series on , basics of stock market (for those who want to do investment but don't know how to start and where to start)
@gyanasahoo2002 Жыл бұрын
Nice video bro ...keep it up ❤️👌🙏👍🏻👍🏻
@adityakolhatkar8703 Жыл бұрын
I didn't understand the Rent v/s Lease thing. In this lease situation, isn't getting just 16 lakhs for 3 years (to be returned after tenure ends) a loss-making proposition for the home owner? Could someone explain?
@mumbaicharteredaccountant Жыл бұрын
The logic is that the owner is getting a big amount at once and he can use the amount to earn a higher income than what he would have got as rent
@ShaikNoorjahan-hp5kv Жыл бұрын
The owner will get lumpsum amount at once without any interest and he will invest in other business and get profit out of it. The lesser will get a full refund with a small deduction of painting charges without paying any rent Would be feasible for only lumpsum investors.
@avishjha4030 Жыл бұрын
I would argue that the lease system is better than the rent system as the lumpsum can be put into a debt fund and earn 7% compared to the 3% that an average residential property returns in India. An added benefit is that while renting the landlord is responsible for repairs, but in leasing the "ownership" is transferred and hence the lessors shall be responsible for maintenance.
@adityamodi8922 Жыл бұрын
@@avishjha4030 3 percent is on entire property amount..7 percent will be on lease amount which is much less. it is useful only if the owner is putting in business to generate 20 pct returns.
@ShaikNoorjahan-hp5kv Жыл бұрын
@@avishjha4030 the maintenance and society charges also need to be paid by the lesser I belive. They deduct some amount while vacating for maintenance
@faiz697 Жыл бұрын
2l per annum school fee... Kya scam chal rha hai yahan pe...
@mumbaicharteredaccountant Жыл бұрын
Acche school ka cost yeh ho gaya hai abhi
@39madhurie Жыл бұрын
I got much interest in the landlord than these couple 😅😅
@soumitsahaofficial Жыл бұрын
Loved the episode ! audio needs fixing - bit loud and painful on the ear.
@karthikmurali6012 Жыл бұрын
Whats the point if u see ur kid only once a week... My wife n I earn similar amount but our kid stays with us.
@user-rj5my4ry4d 4 ай бұрын
Money cant buy intelligence and general understanding of what is right for the family. They are spending 1 lakh for goa travel, gadgets and other show offs. Their expenses are so high, god forbid if they lose their job they dont have fallback plan. Tv on emi, cc bill ..... totally wrong example.
@AyushSingh-mb6xd Жыл бұрын
Maybe I am wrong how he is getting 16L back after lease period.
@pavan356 Жыл бұрын
Surprised to see how one can manage an ola/Uber for Rs.600 two ways with 50kms round trip in Bangalore 😂
@shaneward2588 Жыл бұрын
From home till bus stop , she uses ola and then catches public bus 😂
@konnichiwa3150 Жыл бұрын
FD doesnt give the same returns after 2 cr deposit and it decreases as you go higher. After 8cr banks dont give any returns. So for 1 cr interest on 50 cr amount deposit we have to find other options . this is why super rich people dont do FDs and people have started advising poor people to do the same.
@tushar9912 Жыл бұрын
No break you amount into small packets and deposit in different bank accounts
@jaypalnitkar4400 Жыл бұрын
Even 5 cr is enough if invested wisely ... 50 cr is unreasonable
@rajmohanmasanam5897 Жыл бұрын
They are expecting that their life/salary will be stable from here
@AmritenduRana31082000 Жыл бұрын
You don't decide someone else's lifestyle.How much one needs depends on their own plans and expenditure.Someone might need 10 lakhs someone might want 100 crores.
@AmritenduRana31082000 Жыл бұрын
Unreasonable to you isn't unreasonable to everyone
@ersandy4u Жыл бұрын
It’s okay to travel for 50km each day but not ready to keep the kid with them. Not judging them but not the life I look forward to.
@pranjalsingh7683 10 ай бұрын
Now bring their landlord with 70 apartments and 15 bars for a FIX YOUR FINANCE episode 😂
@nitinsubudhi5158 Жыл бұрын
Bhai kindly make more videos on people's salary below 10 lakhs yar. Most people can't earn as much as these people right. Make more and more on below 10l please.
@nirmitjatana1245 Жыл бұрын
Bhai pehli video me subscribed. Quality content 🤌🏻
@youtubeprem522 Жыл бұрын
I have seen many people who invest in chit funds from the south. The majority of the people invest in chit funds owned by the government employees. The notion of our parents is like if he/she who owns the chit fund commits a fraud (like putting an IP) then he will lose his gov. job. So it's like the government is the security for our chit fund.
@shanthgaitonde Жыл бұрын
Excellent content, keep this going!
@swarupcodes Жыл бұрын
I’ve seen many people in south my friends are doing chit funds. Being that much educated and earning everyone should have finance knowledge.
@ankitchahar7091 Жыл бұрын
Ye 60 lakh kmake bhi Goa hi jaate h 😂😂😂
@zeded509 Жыл бұрын
They should reconsider their investment options. Reevaluate them and choose it wisely. Chit fund is not good at all
@insidehead Жыл бұрын
Bhai apne ne to pura postmortem kar dia salary and expenses ka. Nice video 🚀
@sarthakchandra Жыл бұрын
Can anyone please explain the leasing concept to me? Because it makes no sense to me why they would get their money back after living there for years and that too without paying any rent.
@k.s.thejasri3947 Жыл бұрын
Glad to see my senior after a long time.Hi anjum sister.happy to see you well settled 💐💐
@vinny4161 Жыл бұрын
Can u tell the roadmap for getting job like urs
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