Make your own calculations, here: bit.ly/46Xpbdg (Download to edit) Get my new book 'GET EPIC SHIT DONE' here: ankurwarikoo.com/getepicshitdone Get my first book 'Do Epic Shit': ankurwarikoo.com/doepicshit Subscribe to warikoo Shorts for tips in less than 60 seconds: t.co/pMdPNe4Quf My Money Apps My Money Links Indian Stock Investing (Zerodha): bit.ly/3iYKROh US Stock Investing + Investment Tracking (INDMoney): bit.ly/37M1rik Portfolio Investing (Smallcase All Weather Investing): bit.ly/3u0is0I Life Term Insurance (PolicyBazaar): bit.ly/3XsEGWi Health Insurance (PolicyBazaar): bit.ly/46hvbNL Corporate Bonds (Wint): bit.ly/3sbUI8c How to pick the right insurance (Ditto): bit.ly/3xFh7OU Crypto Investing (WazirX): bit.ly/3O4KC2 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
Sir 50 saal taak kon naukri karega agar hum 20 ki umaar me naukri paar lagenge toh retirement 58 pe honge maximum 60 pe toh hume naukri 38-40 saal milegi
@@youtubekliye5112 No in past he saved little at mom's behest. So he took loan of only 3 lakhs for house & 1 lakh from my uncle. That's all he had taught me & what I had seen in his banking app. My grandmother is the destroyer of our peace 🕊️✌️.
Howcome she is bro,what did she do and I hope to bhagwaan that u guys clear ur drbts and u get a job with enough salary so that u san invest some amount as emergency fund,or as backup
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
Achieving significant returns isn't about volatile stocks; it's about effectively balancing risk and reward. Proper position sizing and leveraging your advantage repeatedly are essential, whether you're a long-term investor or a day trader.
Certainly, many underestimate advisors until emotions lead to losses. A few summers ago, during a tough divorce, I sought a licensed advisor who, through diligent work, boosted my business from $190k to around $720k despite inflation.
The Adviser I'm in touch with is *'Jude Ryan McDonough'* , he works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else. for me her strategy works hence my result. He provides entry and exit point for the securities I focus on.
I'm in my early 20s and recently started working. It was worrying me as to how I should manage my money. Thank you for making this video. It has been extremely helpful!!! 😊 God bless you !
Amazing calculation sir!! Only 1 question- if the salary increseses, the income tax would also increase, resulting in less amount left for Needs, wants & investments. So how do we account for that in this excel??
The market's direction can swiftly change, with indexes frequently transitioning from a bear market to a bull market precisely when the news is most negative and investor sentiment reaches its lowest point. I came across an article highlighting individuals who achieved profits of up to $150,000 during challenging market periods. Considering this, I am curious about the best stocks to purchase now or add to a watchlist.
Within various industries, there exist numerous intriguing stocks that you may choose to track. It is important to note that you do not need to act upon every forecast. Therefore, I would recommend working alongside a financial advisor who can assist you in determining the optimal moments to buy and sell the shares or ETFs you are interested in acquiring.
I am currently in contact with ROCH DUNGCA-SCHREIBER .She has an online presence, so you can easily find more information about her by conducting a simple search.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
@sojakia Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. Alice Marie Coraggio, a licensed fiduciary whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help.
@sojakia Alice Marie Coraggio her trading strategies is working for me for more than a year now and I’m making good profit from the stock market and she's 100% honest, reputable and trustworthy.............
Baselase calculation. Nowadays for layoffs and less jobs people are losing jobs. And this calculation is on the basis of fixed income with yearly 10% increment 😅.
Very Informative video. However one thing missing is the tax impact which is approx 20% of your salary once you cross 25 lacs. Let me know your views. Thanks
Dear Ankur sir kindly consider my request. This video is very beneficial for an individual person who has no dependents. He can achieve this target by managing the expenses. Can you make a budget video in which a person has dependents and can achieve this type of stable target by fulfilling his dependents wants and dreams also.
+1. Good point. 100 other youtubers have made similar videos. This will only work for people who don't have any dependents (siblings or parents). How it will work for people earning x money and paying pockey money to siblings, expenses for things their family members need and saving for their expenses as well.
I think with a salary around of 30K, it's really a challenge to take care of dependents and sustain a good lifestyle with some savings. But I think we have to lower our wants and needs or maybe we can adjust the extra expense (like giving pocket money to siblings and other things which are really necessary) into the needs category.
I have multiplied in the need and want section with my dependent and also added salary of my wife along with tax deduction cause as salary increase the tax also increased so added initial salary with tax cut and added 30% deduction on increment amount so you can extend this sheet and have very realistic view
@@kelsier1102 govt jobs are infamous for having a bad increment, if you keep switching jobs when you are in early 20s every 2-3 you CAN get up to 25-30% increment but if you stick loyal to a company and get into comfort zone I don't think so you will even get 10% in private sector, same can't be said about govt jobs
This is unrealistic for me, as the person having 30k salary would not be offered 3 lakh per month salary even after years of experience. It is not always possible to get promoted every year as you mentioned.
Good Evening, Ankur Sir. You are saving and making everyone aware of how to go about in life. Thank you for sharing your knowledge with us. God bless you and your family ❤
Great calculation and observations sir ..... This looks good on paper but can't be applicable in reality. Nowadays no Corporate provides you with a 10% increment. You might get 10% of increment once in 5 years. Till that time you are already behind market inflation rate..... Instead of this I would recommend you to suggest how to get 2nd income even after working in 9-5 jobs, which can be utilised for their daily needs and 1st income can be used for savings and desires.
Actually 15000 me kaha rent electricity aur water cover hota hai aap Mumbai ki baat kar rahe hai toh this is not possible, assuming is good for satisfaction.but 15000 me normal rent 12000 to 20000 hoya hai sur 100 rs me kya khaye breakfast lunch dinner is ka bhi break up dedo with actual price of milk & vegetables... You should have taken major amount in needs
Taxation, increment on rents not considered for 10 years, which will increase every year, moreover at max some1 will work for 35-40 years at max. Can you please also include these for a further understanding
Behkao me na AA jao, you yourself better than others ankur hehne se nahi hota naadan ho tum, main 31 hu, I was 13k as my first salary on 2013 my daily duty expenses was 4000 45 km up down with bike Yamaha YBR 110, I built a house worth 12 lakh after 5 years hum se pucho kaise Kiya mai abhi apne Ghar me rehta hu, gaon me, bought bike, 2015 bike pulsar, 2020 Car Baleno, 2021 started building a rental house property, took 2 years to complete and Noe I'm sitting my salary 40k, 18k rental income.
Really wish they taught this to young adults in their college days. I wouldn't say school cause as school kids we are naïve and oblivious to financial problems. But seriously it will give a good head start for teens transitioning into adulthood to get a better grip at life since hitting the "big-boy territory" for the very first time is always scary..
Sir, your investment plannings are just awesome and give us hope to keep motivated. Just want to suggest one thing. There are people who work in a government organisation for whom 10% yearly increment is just not possible. 3% increment is what actually comes yearly.
Sir ye sab paper pe possible hai par. What about medical expenses, what about petrol expenses, what about emergency cash. What about children education expenses, what about marriage expenses.
@warikoo sir, I have to feed 4 people in my family (parents, wife and child).. so the insurance, medical Insurance and other necessary expenses can't spare more than 25% for investment. In hand salary near 60k, Can you please work with it including all necessary accessories?
Let's talk practical. Especially in private sector, chances of PPL working beyond 50 are very less. Not because they don't want; but will be replaced by either technology, outsourcing or younger talents. Only extraordinary or some luckiest PPL might b employed till tht age I think.
Suggestions : when salary becomes 60,000/-, should contribute(whatever little it can be) to society (like crowd Funding in under age academics in sports) and six months after marriage of both workings contribute to both parents (2+2) unfulfilled Passion.
@@anoopkumar8732 Please think about the social point of view and 'Dil Se'. Both parents blessings would be uncountable in terms of money/Tax , beyond anything and again additional contributions other than Govt (by Individuals) in sports /startups will make the society healthy. It's absolutely my personal suggestion.
It’s easy to say for someone who earns 30 crore per month and saying how to live with 30 Thousand per month… come to bengaluru , delhi or mumbai it’s impossible to live with 30K who have family
This Excel sheet is only applicable in ideal cases but it's not always true to save money. When u have financial support like dad or mom working then we can save but being alone sole bread winner it's difficult.
You are really awesome sir. I find no words to express my gratitude for you sir. Well explain how to manage money for happy life with real calculation excell sheet. Thanks alot sir.
A 25 years young employee will retire by 60 years in any industry, unless he owned the company. So practically he/she will do the job for 35 years and not for 50 years. And what about 30% tds
Yesterday i watched one of your video titles 15k to 1Cr. Where you suggested to invest in Nifty 50, Midcap and small cap in ratio of 10%, 20% and 70% respectively. Why this stretegy has changed now???
Babu, in this uncertain environment n if you're in private sector, growth is not so certain n stable. Within every 5 years period their will be huge disruption in coming days.
This is the best financial advice video I've ever seen. The information was clear, comprehensive, and extremely helpful. I learned a lot and feel much more prepared to make informed financial decisions. Great job! THANKS!!!!!!!!!!!!!!!!!!!!!!!!!!
Now I have more knowledge about personal finance. I just subscribed to your channel. Big ups to everyone working effortlessly trying to earn a living while building wealth in this recession. I’m 45 and my husband is 51, we are both retired, no debts. We are currently living a frugal and financially savvy lifestyle and generating passive income even during this recessionary period. Our commitment to saving and investing in the financial market has enabled us to maintain this lifestyle and continue earning monthly passively through investment.
Very impressive!!! I'm going through an early stage of divorce right now and it saddens me. Not quite long I started investing. I'm very curious and need help on how to enhance and increase my returns. Any good investment tips would be appreciated. It's hard to find someone that's reliable. When I see how what you've achieved by investing, I could really use your investment advisor., if you don't mind sharing his information.
No problem at all! If you're seeking to earn substantial profits from your investment, I would suggest determining your investment horizon and implementing a long-term plan. I worked with Claire Martha Magalhaes to create a long-term investment strategy, and she assisted me in managing my investments while I focused on my job without any concerns.
Thank you for your advice. It's challenging to find a reliable investment advisor, and I appreciate your input. Seeing the successes you've achieved through investing, I would love to have access to your investment advisor's information if you wouldn't mind sharing it.
I work with *CLAIRE MARTHA MAGALHAES* ,who is based in the United States. If you would like more information about her, you can conduct a search online.
10% increment in first 10 years is not realistic... also income tax deduction is missing ..Also it's with Assumption that your don't have any family responsibilities and you remain bachelor throughout your life..
In the above video there are no fund for emergency and uncertain casualtiy like Mera mobile Kharar ho jata Hai ya koi home appliance Kharar home jata Hai To uska calculation missing Hai And when app grow your living standard and need par jyada spend Hota hai
Namaste Investing in IPO’s is one way in which investors can grow their money well. For instance when Amazon floated an IPO, each share was priced at $18. It currently Trades at $3100. Thanks
30,000 ki income me se 5-7000 job pe aane jane me Aur nasta ya normal khane pine me 3-4000 Uske baad ghar chalane ka kharcha Fir bina sokh pure kiye savings kitni hi bachegi?
I wish I came across this type of stuff when I was 18 or so. Now m 29 and u know from now onwards expenses only keep increases and mostly people left with nothing or very Lil to invest except u r upper middle class earning big chunk of money
My excel sheet Salary = 30000 , Wants : Room rent 6000 Transportation 3000 Daru ka kharcha = 8000 ,chakhna = 2000 , sutta =1000 , Needs More daru and sutta 5000 rs Investment 5k Thank you warikoo ji for the tips
Sir, you try your best knowledge to give us an idea. But sir,i want to say that only con in your idea is that most people will never get a salary increasement of 10%.
@warikoo Thank you very much, sir, for replying and inspiring me. i will try my best, but i am talking about people whose life numbers are fixed. I see people around me who are retired on the below 5LPA.(sorry for my English).
Ankur ji , apne income investment 50 yrs taak show kiye hai. .... then you should share the return of 50 yrs ... Apne 40 pe rok diye hai. ... 50 meh return kuch thousands crores ko cross kar ja raha tha ???
Ankur if someone is earning 30K that means he/she's already must be 23-25 years old, as per calculation if working for 50 years means they'll work for 75 years of age
Sir your videos are way to optimistic but reality is cruel and different… One getting salary is also responsible for Older generation and Future generation so this excel work is only in ☁️ but a good way to grab viewers attention and nothing more.
Hi sir first salary tho 20k milta hai. So please 20k salary pe budget banao like initial stage of job life and how to improve ourselves and increase our salary budgeting, investment etc . Please sir ek video banao please it's a humble request desparately need your assistance
Age hai 30 year,home loan liya h 50 lakh and salary 40 thousand ab plan banaiye sir....please for home loan walo k liye to bnaiye hi...needs want investment
Sir, My Salary is 36K. Jisme se Approx 27K EMIs mein chale jaate hai. Ab please mere liye bhi ek chart ready kar dijiye ki main kaise yeh sab kar sakta hoon. Thanks.
As goverment employe i can confirm that salary increment is very low what you are telling Yes i. Privatd sector 10% but in govermet its not 10% very less
Great video and nice explanation. I think only one missing part that is tax. If we increase salary tax also applicable and it will have huge impact. @Ankur warikoo
Hello, Great video content regarding money tips. Can you also make a video for Newly Married couples who have earning of 1.5 -2L per month (combined) in their early 30's. How do they split and invest so that they cover short term goals like vacations, car, mid term goals like house and long term goals like retirement. How much percentage of the income should we dedicate towards all the above mentioned things to lead a comfortable life. Expense should include the basic expenditure like grocery, food from resturants, rent, electricity, petrol, etc. Looking forward for this content. Thanks
Sir mujhe job karte huye more than 1 year ho gaya but still im confused ki term life insurance kaise lu, kaha se lu, or konsa lu kyoki 30k salary mai 1 crore ka insurance nahi mil raha hai Uske alava emergency fund mera collect ho chuka hai Bas invest karne mai thoda ghabra raha hu to firstly aap insurance lene or money invest karne ka bata de sir to kaafi help ho jaayegi warna account mai pada amount aise hi daily kharch hua jaa raha hai Please help sir 🙏
So what? Why would you brag about that? For some people, even 20k per month is as good as 20M per annum! You literally have no right to make fun of anyone! People are fighting their own battles.
Ankur Sir the way u explains such small education is hard hitting. Its just that we as a person didnt had any like you to guide in our youth. I wasted so much time. I request an advice from you. Im 39 now and just started making some insvestments, do I have chances of making some good returns till I work? pls advice.
Bina 10% salary increment ka v bta do ek video bna k Har salaried employee ka 10% per year nhi hota increment, jaise govt employees ka bs 3% hota h basic ka Aur DA ka koi bharosa nhi kbhi 3% kbhi 4% to kbhi 2% bdhta h
Make your own calculations, here: bit.ly/46Xpbdg (Download to edit)
Get my new book 'GET EPIC SHIT DONE' here: ankurwarikoo.com/getepicshitdone
Get my first book 'Do Epic Shit': ankurwarikoo.com/doepicshit
Subscribe to warikoo Shorts for tips in less than 60 seconds: t.co/pMdPNe4Quf
My Money Apps
My Money Links Indian Stock Investing (Zerodha): bit.ly/3iYKROh
US Stock Investing + Investment Tracking (INDMoney): bit.ly/37M1rik
Portfolio Investing (Smallcase All Weather Investing): bit.ly/3u0is0I
Life Term Insurance (PolicyBazaar): bit.ly/3XsEGWi
Health Insurance (PolicyBazaar): bit.ly/46hvbNL
Corporate Bonds (Wint): bit.ly/3sbUI8c
How to pick the right insurance (Ditto): bit.ly/3xFh7OU
Crypto Investing (WazirX): bit.ly/3O4KC2
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
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20 books for your 20s: bit.ly/WarikooBooks
20 online courses for your 20s: bit.ly/WarikooOnlineCourses
Gadgets that I use: bit.ly/WarikooGadgets
If you want something you never had, you have to do something you've never done.
Sir 50 saal taak kon naukri karega agar hum 20 ki umaar me naukri paar lagenge toh retirement 58 pe honge maximum 60 pe toh hume naukri 38-40 saal milegi
sir me last 1 month se aapko mail kar kaha hu, mujhe aapse baat karni hai, I request you to please give me a chance to talk with u once.
I'm not able to download the Excel file.. kindly help me.
The excel file is in View only formet. I am not able to edit
My father is literally adjusting on 9,000/-.. literally salute to him!
💀
Bro how??? Aap pdhai kro ache se, bahut saara debt mein honge vo pkka, support krna unko
@@youtubekliye5112 🙏🙏
@@youtubekliye5112 No in past he saved little at mom's behest. So he took loan of only 3 lakhs for house & 1 lakh from my uncle. That's all he had taught me & what I had seen in his banking app. My grandmother is the destroyer of our peace 🕊️✌️.
Howcome she is bro,what did she do and I hope to bhagwaan that u guys clear ur drbts and u get a job with enough salary so that u san invest some amount as emergency fund,or as backup
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
Achieving significant returns isn't about volatile stocks; it's about effectively balancing risk and reward. Proper position sizing and leveraging your advantage repeatedly are essential, whether you're a long-term investor or a day trader.
Certainly, many underestimate advisors until emotions lead to losses. A few summers ago, during a tough divorce, I sought a licensed advisor who, through diligent work, boosted my business from $190k to around $720k despite inflation.
wow that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
The Adviser I'm in touch with is *'Jude Ryan McDonough'* , he works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else. for me her strategy works hence my result. He provides entry and exit point for the securities I focus on.
Thanks, I just googled him I'm really impressed with his credentials. I reached out to him since I need all the assistance I can get
Ye sab dekhne or think karne me jitna achaa sound karta he utna hi impossible he, life is filled up with very infortunate up downs
Patience and persistence is the formula of successful people. Follow the formula or get left behind
@@RevengeofthePopcorn True
yes, life itself is a roller coaster ride.
I'm in my early 20s and recently started working. It was worrying me as to how I should manage my money. Thank you for making this video. It has been extremely helpful!!! 😊
God bless you !
Amazing calculation sir!! Only 1 question- if the salary increseses, the income tax would also increase, resulting in less amount left for Needs, wants & investments. So how do we account for that in this excel??
The market's direction can swiftly change, with indexes frequently transitioning from a bear market to a bull market precisely when the news is most negative and investor sentiment reaches its lowest point. I came across an article highlighting individuals who achieved profits of up to $150,000 during challenging market periods. Considering this, I am curious about the best stocks to purchase now or add to a watchlist.
Within various industries, there exist numerous intriguing stocks that you may choose to track. It is important to note that you do not need to act upon every forecast. Therefore, I would recommend working alongside a financial advisor who can assist you in determining the optimal moments to buy and sell the shares or ETFs you are interested in acquiring.
I am currently in contact with ROCH DUNGCA-SCHREIBER .She has an online presence, so you can easily find more information about her by conducting a simple search.
Thank you for providing this helpful pointer.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
@sojakia Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. Alice Marie Coraggio, a licensed fiduciary whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help.
Lookup with her name on the webpage
@sojakia Alice Marie Coraggio her trading strategies is working for me for more than a year now and I’m making good profit from the stock market and she's 100% honest, reputable and trustworthy.............
yes such strategies work very well for scammers 😂
"If you want something you never had, you have to do something you've never done."
Ye dialog maine kal suna aur dekha Hotstar ke series me
@@AaoBookPadheOoo 😮 Nice! 😄
Ha lekin 30k bhi kuch logon keliye "something you never had" mai aata hai
@@jakoick1298 Yes it is because they have Fixed Mindset it's solution is "Growth Mindset" by which they can dream big.
Not true
Baselase calculation. Nowadays for layoffs and less jobs people are losing jobs. And this calculation is on the basis of fixed income with yearly 10% increment 😅.
right !! most of the jobs does not gave 10% increment as well as its very difficult to invest in14% return option
My company who gives hardly 2 to 3% hike 😭
Govt also gives 3% increments
Da left the chat@@rajnithapa2988
Very Informative video. However one thing missing is the tax impact which is approx 20% of your salary once you cross 25 lacs. Let me know your views. Thanks
Dear Ankur sir kindly consider my request.
This video is very beneficial for an individual person who has no dependents. He can achieve this target by managing the expenses.
Can you make a budget video in which a person has dependents and can achieve this type of stable target by fulfilling his dependents wants and dreams also.
+1. Good point. 100 other youtubers have made similar videos. This will only work for people who don't have any dependents (siblings or parents).
How it will work for people earning x money and paying pockey money to siblings, expenses for things their family members need and saving for their expenses as well.
I think with a salary around of 30K, it's really a challenge to take care of dependents and sustain a good lifestyle with some savings. But I think we have to lower our wants and needs or maybe we can adjust the extra expense (like giving pocket money to siblings and other things which are really necessary) into the needs category.
DEAR SIR, i am a huge fan of yours financial motivation , i have downloaded the excel file to change my life thanks sir
I have multiplied in the need and want section with my dependent and also added salary of my wife along with tax deduction cause as salary increase the tax also increased so added initial salary with tax cut and added 30% deduction on increment amount so you can extend this sheet and have very realistic view
Sir Salary 30k hogi to na comfortable rahege ...
According to survey 85 to 90 % people's average salary 20 to 25k hai.....
50 saal tak konsi job chalti h bhai, 58 me toh retirement aa jaata h.. mtlb aapke hisaab se hme 8 saal ki age se he Job krna start kr dena chahiye
😂😂👍
Haan Baal mazduri 😂😅
Aur Itna increment kaha milega mujhe ( 10% per year)
State government meh kaam karta hu , 3-4% increment milta hai hume
20 year bola hai
@@kelsier1102 govt jobs are infamous for having a bad increment, if you keep switching jobs when you are in early 20s every 2-3 you CAN get up to 25-30% increment but if you stick loyal to a company and get into comfort zone I don't think so you will even get 10% in private sector, same can't be said about govt jobs
Awesome way to educate the starters, I really respect you a lot Sir.
Salary is drug which your company gives to forget your dreams, nice realistic explanation
This is unrealistic for me, as the person having 30k salary would not be offered 3 lakh per month salary even after years of experience. It is not always possible to get promoted every year as you mentioned.
But when you switch companies, you'll also get 30-40% increment
Good Evening, Ankur Sir. You are saving and making everyone aware of how to go about in life. Thank you for sharing your knowledge with us. God bless you and your family ❤
You forgot to calculate 30% TAX 😮💨
Correct Bro! Tax Stop us to grow as we want.
7 tax income tax free hai ur aane wale time me ur badh jayega
My father always used to say that "Earning money is an easy task but managing it wisely is much more challenging" 🙌
Great calculation and observations sir ..... This looks good on paper but can't be applicable in reality. Nowadays no Corporate provides you with a 10% increment. You might get 10% of increment once in 5 years. Till that time you are already behind market inflation rate.....
Instead of this I would recommend you to suggest how to get 2nd income even after working in 9-5 jobs, which can be utilised for their daily needs and 1st income can be used for savings and desires.
Actually 15000 me kaha rent electricity aur water cover hota hai aap Mumbai ki baat kar rahe hai toh this is not possible, assuming is good for satisfaction.but 15000 me normal rent 12000 to 20000 hoya hai sur 100 rs me kya khaye breakfast lunch dinner is ka bhi break up dedo with actual price of milk & vegetables... You should have taken major amount in needs
Well if ur form expensive city like Mumbai then u'd need starting salary of 50,000 /month
Taxation, increment on rents not considered for 10 years, which will increase every year, moreover at max some1 will work for 35-40 years at max. Can you please also include these for a further understanding
10:53
He missed one thing
After 10 or 20 years what would be the house price why he matched to today price 😅
Who agreed
Food and other accessories also 😅😅
How did Ankur know about my situation? I am not so smart so I really needed this explanation. Thank you Ankur😊
Behkao me na AA jao, you yourself better than others ankur hehne se nahi hota naadan ho tum, main 31 hu, I was 13k as my first salary on 2013 my daily duty expenses was 4000 45 km up down with bike Yamaha YBR 110, I built a house worth 12 lakh after 5 years hum se pucho kaise Kiya mai abhi apne Ghar me rehta hu, gaon me, bought bike, 2015 bike pulsar, 2020 Car Baleno, 2021 started building a rental house property, took 2 years to complete and Noe I'm sitting my salary 40k, 18k rental income.
How it's possible
After 5 years may without any other expenses u have approximately 8.5lac how you bought 12lac house and purchase bike how??
He finally found his Target audience
Really wish they taught this to young adults in their college days. I wouldn't say school cause as school kids we are naïve and oblivious to financial problems. But seriously it will give a good head start for teens transitioning into adulthood to get a better grip at life since hitting the "big-boy territory" for the very first time is always scary..
Sir, your investment plannings are just awesome and give us hope to keep motivated. Just want to suggest one thing. There are people who work in a government organisation for whom 10% yearly increment is just not possible. 3% increment is what actually comes yearly.
13k basic needs if u live in rented house rent would be minimum 15k to 20k next wht about other expenses grocery bills ect ect
Sir ye sab paper pe possible hai par. What about medical expenses, what about petrol expenses, what about emergency cash. What about children education expenses, what about marriage expenses.
@warikoo sir, I have to feed 4 people in my family (parents, wife and child).. so the insurance, medical Insurance and other necessary expenses can't spare more than 25% for investment. In hand salary near 60k, Can you please work with it including all necessary accessories?
Check your expenses. Maybe you can reduce rent to increase more cash available for investment.
Let's talk practical. Especially in private sector, chances of PPL working beyond 50 are very less. Not because they don't want; but will be replaced by either technology, outsourcing or younger talents. Only extraordinary or some luckiest PPL might b employed till tht age I think.
Suggestions : when salary becomes 60,000/-, should contribute(whatever little it can be) to society (like crowd Funding in under age academics in sports) and six months after marriage of both workings contribute to both parents (2+2) unfulfilled Passion.
isn't 30% taxation serving the same purpose with the help of freebies and schemes like MNREGA?
@@anoopkumar8732exactly, paying taxes is service to the nation already
@@anoopkumar8732
Please think about the social point of view and 'Dil Se'. Both parents blessings would be uncountable in terms of money/Tax , beyond anything and again additional contributions other than Govt (by Individuals) in sports /startups will make the society healthy. It's absolutely my personal suggestion.
So you can add that in the want section
It’s easy to say for someone who earns 30 crore per month and saying how to live with 30 Thousand per month… come to bengaluru , delhi or mumbai it’s impossible to live with 30K who have family
😢 I'm earning 58k/month and I'm still single , but my expenditure is on average 30k -35k per month i really feel I'm horrible in handling my salary.
This Excel sheet is only applicable in ideal cases but it's not always true to save money. When u have financial support like dad or mom working then we can save but being alone sole bread winner it's difficult.
You are really awesome sir. I find no words to express my gratitude for you sir. Well explain how to manage money for happy life with real calculation excell sheet. Thanks alot sir.
A 25 years young employee will retire by 60 years in any industry, unless he owned the company. So practically he/she will do the job for 35 years and not for 50 years. And what about 30% tds
Yesterday i watched one of your video titles 15k to 1Cr. Where you suggested to invest in Nifty 50, Midcap and small cap in ratio of 10%, 20% and 70% respectively. Why this stretegy has changed now???
Why do you guys never calculate the burden we get from our family. Like education loan/some other loan, sister's marriage, parent's health etc.😅
True 🤣🤣
I can feel you bro 😢
What about the tax brackets? Once the income increases the tax brackets would also increase.
Babu, in this uncertain environment n if you're in private sector, growth is not so certain n stable. Within every 5 years period their will be huge disruption in coming days.
Ankur sir your videos are really helpful for us engineering students!!..Thank you sir
What had you lerant from
This is the best financial advice video I've ever seen. The information was clear, comprehensive, and extremely helpful. I learned a lot and feel much more prepared to make informed financial decisions. Great job! THANKS!!!!!!!!!!!!!!!!!!!!!!!!!!
It's a really good idea, method, to save money, invest and it will save our future. Thank you sir....
Now I have more knowledge about personal finance. I just subscribed to your channel. Big ups to everyone working effortlessly trying to earn a living while building wealth in this recession. I’m 45 and my husband is 51, we are both retired, no debts. We are currently living a frugal and financially savvy lifestyle and generating passive income even during this recessionary period. Our commitment to saving and investing in the financial market has enabled us to maintain this lifestyle and continue earning monthly passively through investment.
Very impressive!!! I'm going through an early stage of divorce right now and it saddens me. Not quite long I started investing. I'm very curious and need help on how to enhance and increase my returns. Any good investment tips would be appreciated. It's hard to find someone that's reliable. When I see how what you've achieved by investing, I could really use your investment advisor., if you don't mind sharing his information.
No problem at all! If you're seeking to earn substantial profits from your investment, I would suggest determining your investment horizon and implementing a long-term plan. I worked with Claire Martha Magalhaes to create a long-term investment strategy, and she assisted me in managing my investments while I focused on my job without any concerns.
Thank you for your advice. It's challenging to find a reliable investment advisor, and I appreciate your input. Seeing the successes you've achieved through investing, I would love to have access to your investment advisor's information if you wouldn't mind sharing it.
I work with *CLAIRE MARTHA MAGALHAES* ,who is based in the United States. If you would like more information about her, you can conduct a search online.
10% increment in first 10 years is not realistic... also income tax deduction is missing ..Also it's with Assumption that your don't have any family responsibilities and you remain bachelor throughout your life..
Sir ,Last year I seen your video on mutual fund. You inspired me alot and From Jan 2023 I started investing . Thank you so much❤
Very educative video, simple and understanding, Thank you
In the above video there are no fund for emergency and uncertain casualtiy like Mera mobile Kharar ho jata Hai ya koi home appliance Kharar home jata Hai
To uska calculation missing Hai
And when app grow your living standard and need par jyada spend Hota hai
Sir aapke aise video dekh kar life me thodi himmat aa jati hai ki hum bhi Kutch kar sakte hai life me ❤❤❤
Namaste
Investing in IPO’s is one way in which investors can grow their money well.
For instance when Amazon floated an IPO, each share was priced at $18. It currently
Trades at $3100.
Thanks
SIP is best or not for 15-20 years investment? monthly or lumpsum which is better
Sir only 100 rs in a day for food, malnutrition issues will be there...or u r not buying ur own vegetables or groceries by ur own.
Sir thank you for u I m start plan my budget , saving & invest ...Big Fan sir one like plz❤
30,000 ki income me se 5-7000 job pe aane jane me
Aur nasta ya normal khane pine me 3-4000
Uske baad ghar chalane ka kharcha
Fir bina sokh pure kiye savings kitni hi bachegi?
I wish I came across this type of stuff when I was 18 or so. Now m 29 and u know from now onwards expenses only keep increases and mostly people left with nothing or very Lil to invest except u r upper middle class earning big chunk of money
Thank you I want to invest 8 lakh rupees per month for Next 15 years regards Dr. Yati patil.
My excel sheet
Salary = 30000 ,
Wants :
Room rent 6000
Transportation 3000
Daru ka kharcha = 8000 ,chakhna = 2000 , sutta =1000 ,
Needs
More daru and sutta 5000 rs
Investment
5k
Thank you warikoo ji for the tips
I think you forgot to mention the responsibilities and uncertainties of middle class people 😅😅
Its is good if life goes in straight line.
Yes. What about self marriage exps children brought up and there education?
6% inflation is on the lower side
13.65% without accounting for Tax is on the higher side
Actually I watch your video becoz you are a good guy.but reality and logic values...
Sir , you haven't mentioned about the children's education.
In needs expenses....
Sir, you try your best knowledge to give us an idea. But sir,i want to say that only con in your idea is that most people will never get a salary increasement of 10%.
Change the number my friend. The sheet is in your control
@warikoo Thank you very much, sir, for replying and inspiring me. i will try my best, but i am talking about people whose life numbers are fixed. I see people around me who are retired on the below 5LPA.(sorry for my English).
Ankur ji , apne income investment 50 yrs taak show kiye hai. .... then you should share the return of 50 yrs ... Apne 40 pe rok diye hai. ... 50 meh return kuch thousands crores ko cross kar ja raha tha ???
30k me 7_8k go only on rent then within 15k managing needs is gross superficial estimate
Sir 10k salary waloke liye budgeting and investment guide ka ek video banaye 🥲
Ankur if someone is earning 30K that means he/she's already must be 23-25 years old, as per calculation if working for 50 years means they'll work for 75 years of age
Sir your videos are way to optimistic but reality is cruel and different… One getting salary is also responsible for Older generation and Future generation so this excel work is only in ☁️ but a good way to grab viewers attention and nothing more.
Thanks lot sir for sharing this calculation and information ℹ️☺️
Aap bade bhai jaise guide karte ho... Thanku Sir
Ye india hai bhai. Yaha 90% logo ki salary 10,000 se 12,000 hoti hai.
Yaha boss ko bhi 20 se 25k milti hai.😅
Hi sir first salary tho 20k milta hai. So please 20k salary pe budget banao like initial stage of job life and how to improve ourselves and increase our salary budgeting, investment etc . Please sir ek video banao please it's a humble request desparately need your assistance
Age hai 30 year,home loan liya h 50 lakh and salary 40 thousand ab plan banaiye sir....please for home loan walo k liye to bnaiye hi...needs want investment
40000 ki salary pe 50 lakh ka loan kaise mil gaya....vo bhi 30 ki age mein...
Government annual increment 3% in West Bengal. So, please give realistic idea.
Did you consider the income tax ? cuz at 3.6 lakhs there is no tax but on 20 lakhs there sure is
Income Tax nhi lia bhaisahab ne 😂😂 Government ne kutta bnaya hua h Salaried walon ka 😅
Thank you so much, ankur sir.. for sharing this information.
This is so relevant and beneficial.
Lots of love❤❤
Kaha har saal salary increment hota Hain sir, Mera to last 7 years se salary same Hain, sirf har saal kharsa hi barh rahe hain
Sir, My Salary is 36K. Jisme se Approx 27K EMIs mein chale jaate hai. Ab please mere liye bhi ek chart ready kar dijiye ki main kaise yeh sab kar sakta hoon. Thanks.
Best video for me. Thanks for giving this kind of support ❤
10k salary se sab kuch kaise karoon.... 😭
As goverment employe i can confirm that salary increment is very low what you are telling
Yes i. Privatd sector 10% but in govermet its not 10% very less
Thank you sir, very informative video❤
Great video and nice explanation.
I think only one missing part that is tax. If we increase salary tax also applicable and it will have huge impact. @Ankur warikoo
A small suggestion to take taxes into account.
Hello,
Great video content regarding money tips. Can you also make a video for Newly Married couples who have earning of 1.5 -2L per month (combined) in their early 30's. How do they split and invest so that they cover short term goals like vacations, car, mid term goals like house and long term goals like retirement. How much percentage of the income should we dedicate towards all the above mentioned things to lead a comfortable life. Expense should include the basic expenditure like grocery, food from resturants, rent, electricity, petrol, etc.
Looking forward for this content.
Thanks
Thanks Ankur for such a helpful video, but you missed one point which is health insurance and all...could you please add it
Sir mujhe job karte huye more than 1 year ho gaya but still im confused ki term life insurance kaise lu, kaha se lu, or konsa lu kyoki 30k salary mai 1 crore ka insurance nahi mil raha hai
Uske alava emergency fund mera collect ho chuka hai
Bas invest karne mai thoda ghabra raha hu to firstly aap insurance lene or money invest karne ka bata de sir to kaafi help ho jaayegi warna account mai pada amount aise hi daily kharch hua jaa raha hai
Please help sir 🙏
I was exactly searching for it, and got this is on top. Thank you for helping us all and sharing your knowledge for the nation's growth.
Thank you so much, this motivates me to fix my Savings
Ankur,please create a video on investments at early retirement
But the things is that most of the time ye EXCEL EXCEL kam nehi karta, it's easy to calculate in theoretical but not in practical.
Sir Ye formula 20k salary Person ke Liye Best rhegi
Mai Apne Ghar Job Karta hai
very helpful and an eye opening content. thank you sir
Gerat Content Alwasy, Thanks 😃👍👍👍
the way you teach, its so awesome and so calculated...
I pay 40k rent in Bangalore 😂
Mumbai- Paying 50k rent in sharing
To yaha apni kyu marwa Raha hai
So what? Why would you brag about that? For some people, even 20k per month is as good as 20M per annum! You literally have no right to make fun of anyone! People are fighting their own battles.
I am hoping you earn close to 2 lakh in hand salary, otherwise that's a sad situation
@@AasimRahmani-bf2up😅
Ankur Sir the way u explains such small education is hard hitting. Its just that we as a person didnt had any like you to guide in our youth. I wasted so much time. I request an advice from you. Im 39 now and just started making some insvestments, do I have chances of making some good returns till I work? pls advice.
Your each & every video is very informative.
Bina 10% salary increment ka v bta do ek video bna k
Har salaried employee ka 10% per year nhi hota increment, jaise govt employees ka bs 3% hota h basic ka
Aur DA ka koi bharosa nhi kbhi 3% kbhi 4% to kbhi 2% bdhta h