Achieve FINANCIAL FREEDOM with Rs. 20,000! | Money Matters Ep. 2 | Ankur Warikoo Hindi

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Published 2024-03-09
Money Matters is a series where I have conversations with normal people such as you and I, on your personal finance issues.

It is important to note that I am NOT a financial expert, I am NOT SEBI registered, and I am NOT qualified to give financial advice.

Everything that I say in these videos is purely through my own experiences.

- So these videos do not offer any stock tips, or specific mutual fund recommendations or get-rich-quick schemes.
- I am not selling any product or service through these videos.
- None of the brands that I mention in these videos have paid me to mention them, unless I explicitly say so (and I will say if the video is sponsored).

This also means that my advice may not always be the right advice. So incase I make a mistake, the best way to correct me will be to share your point of view in the comments, so that everyone can benefit from it.

I am not perfect, nor claiming to be either and would love to learn and grow.

The idea is simply to help people with their finance journey and through their story try to help others who may have a similar story.

If you wish to be part of this series, please fill up this form forms.gle/uj9JPUBp8Wo9nZQi7

In this enlightening discussion, Divyashri shares her aspirations of achieving financial freedom and kickstarting her retirement investments. With a prudent approach to finances, she prioritizes minimal spending on wants while focusing on career growth.

Join us as we delve into a comprehensive financial plan tailored to Divyashri's goals and aspirations. From retirement planning to investment strategies, we navigate through her financial landscape, offering valuable insights and actionable advice along the way.

Want to join me on the show? Fill this form and my team will reach out to you: forms.gle/uj9JPUBp8Wo9nZQi7

00:00 Introduction
01:13 Who is Divyashri?
03:20 Divyanshri's financial goals
04:18 Monthly financials
09:30 Financial Plan number 1
12:20 Financial Plan number 2
13:00 Recommended Monthly Budget for 20,000 INR Salary
17:00 My Investing plan for Divyashri
21:00 Investing plan future projections
25:50 The power of compounding
27:55 The 3-step summary
29:30 2 ways to buy mutual funds
33:25 The most difficult life lesson
35:30 Conclusion

#FinancialFreedom #RetirementPlanning #warikoo

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Buy my new book 'MAKE EPIC MONEY' here: www.makeepicmoney.com/

SIP in Stocks with FREE* Demat A/c on INDmoney: indmoney.onelink.me/RmHC/x3g6i4vs

My Money Apps: bit.ly/3Zg56eR

My bestselling books:
‘GET EPIC SHIT DONE’: ankurwarikoo.com/getepicshitdone
‘Do Epic Shit’: ankurwarikoo.com/doepicshit

My gear for shooting this video:
🎥 Sony a7III camera: bit.ly/3M42wAV
🎬 Sony FE 24-70 f2.8 Lens: bit.ly/3KCCiF0
🎙 Shure SM7B Microphone: bit.ly/3O1NAVA
🔆 Fill Light 60W: bit.ly/37aJolP
💡 Key Light 150W: bit.ly/3O9nyjs
📽 Benro IT15 Tripod for Sony a7III camera: bit.ly/3O4PvJ1

Useful links:
20 books for your 20s: bit.ly/WarikooBooks
20 online courses for your 20s: bit.ly/WarikooOnlineCourses
Gadgets that I use: bit.ly/WarikooGadgets

The above links are on Amazon.
If you buy any of these using the above links, I stand to make affiliate income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L and in 2022 we contributed 53L.


Let’s connect online:
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All Comments (21)
  • @warikoo
    Money Matters is a series where I have conversations with normal people such as you and I, on your personal finance issues. It is important to note that I am NOT a financial expert, I am NOT SEBI registered, and I am NOT qualified to give financial advice. Everything that I say in these videos is purely through my own experiences. - So these videos do not offer any stock tips, or specific mutual fund recommendations or get-rich-quick schemes. - I am not selling any product or service through these videos. - None of the brands that I mention in these videos have paid me to mention them, unless I explicitly say so (and I will say if the video is sponsored). This also means that my advice may not always be the right advice. So incase I make a mistake, the best way to correct me will be to share your point of view in the comments, so that everyone can benefit from it. I am not perfect, nor claiming to be either and would love to learn and grow. The idea is simply to help people with their finance journey and through their story try to help others who may have a similar story. If you wish to be part of this series, please fill up this form forms.gle/uj9JPUBp8Wo9nZQi7 Buy my new book 'MAKE EPIC MONEY' here: www.makeepicmoney.com/ My Money Apps: bit.ly/3Zg56eR My bestselling books: ‘GET EPIC SHIT DONE’: ankurwarikoo.com/getepicshitdone ‘Do Epic Shit’: ankurwarikoo.com/doepicshit My gear for shooting this video: 🎥 Sony a7III camera: bit.ly/3M42wAV 🎬 Sony FE 24-70 f2.8 Lens: bit.ly/3KCCiF0 🎙 Shure SM7B Microphone: bit.ly/3O1NAVA 🔆 Fill Light 60W: bit.ly/37aJolP 💡 Key Light 150W: bit.ly/3O9nyjs 📽 Benro IT15 Tripod for Sony a7III camera: bit.ly/3O4PvJ1 Useful links: 20 books for your 20s: bit.ly/WarikooBooks 20 online courses for your 20s: bit.ly/WarikooOnlineCourses Gadgets that I use: bit.ly/WarikooGadgets The above links are on Amazon. If you buy any of these using the above links, I stand to make affiliate income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L and in 2022 we contribute
  • @parinitamallah
    What an informative session. The fact that you are addressing young people making ₹20k to ₹25k a month - which is the majority crowd nowadays- is so inclusive. Really helped a lot. Thank you.
  • @mehabharis1499
    I liked the way you spoke to her trying not to make her uncomfortable..you are so generous
  • @JamesMargie11
    I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.>>
  • @mahikarsai
    learning alot from your classes sir ! 3 months back i used to have 0 knowledge on mutual funds and investments ! started learning from you ! started investing in mutual funds and diversified my portfolio ! my age is 26 now and planning to invest till 50 years of age ! These days when ever i get a craving to order something junk from outside - investing the bill amount into mutual funds , eating fruits and home cooked food and doing excercise for 30 mins ! By this im incorporating investments into my life style and also my health is benefitting ! This also gives me assurance that even if i lose money it doesnt matter because anyhow i was planning to waste it on junk food ! im forever grateful to you !
  • @manpreet0784
    Thanks so much Ankur for this priceless video. And those who are saying ki calculation oversimplistic hain...kuchh bhi kabhhi perfect ya ideal ya certain nahi hota dosto. Ye video ka jo message ha vo agar tum samjh gye to you can build substantial wealth for your future.
  • Now I'm 23. When i started investing, i was 20, at that age i read alot of books and invested in crypto, forex, and stocks. And learned alot of things fundamental, technical and F&O with very small amount of money. Now I'm back into Mutual funds with regular SIP. looking for stable retirement income. I have learnt everything by myself. Remember folks Time is the key here.
  • Compounding is the 8th 9th and 10th wonder of the world. Absolutely love it warikoo!
  • One of the best video i have ever seen about financial knowledge and investment and the client is so genuine & real example of many Indian youth..
  • @9royden
    I have been following you since three years warikoo sir! Really appreciate the way you help people like me with right financial knowledge and way you articulate in simple English and Hindi is awesome! Because of your idea I was able to pay my home loan of 20 years within 6.5 years it was 51L loan amount: and I am taking an aggressive step up SIp of 15% . I started at age of 30 and now I’m 37. So far so good! My goal is to achieve FIRE number at age 47! Thank you ! I recommend all my younger family members to follow you and learn from you:
  • Amazing topic I am 57 but started investing from 2017 there were ups and downs but I stood still and in a good profit though it is small amount. Good explanation on compounding. Sir.
  • सबसे पहले आपको धन्यवाद, आप हम सभी को पूरी लगन से पढ़ाते हैं, आपके हर शब्द में दम है, मैं पिछले दो दिनों से आपके वीडियो देख रहा हूं, मुझे आपकी पढ़ाने की शैली भी बहुत सम्मानजनक लगती है 🙏
  • @dhirenderu1
    Ankur, the payment of 10,000/- was meant to cover the course fee for one year, which translates to 833/- per month as an EMI. However, it seems there was an error in the calculation as you considered it on a monthly basis.
  • @rjayush
    Thank you, Sir, for having subtitled it in English, so that the I and Deaf fans can understand what's going on.
  • @user-es2rl4hj6w
    Thank you.... Sir.... I just completed viewing this video keeping my daughter in mind.... She is 19 yrs.... My immediate action from next month.... Thank you again for giving such a huge knowledge where a common person can understand ❤❤❤
  • @scuttarockz
    Courageous girl to start so young and think ahead. Don't worry about your first pay - you will reach your goal. I learned all this at the age of 30 about types of SIP - Good student
  • I really enjoy Ankur Warikoo Money Matters series because he explains and tells that whatever be your salary, you can still eye at investment.
  • Excellent information to younger generations Now.... Tq so much Ankur sir ❤🎉
  • @hemsingh4633
    Kahin na kahin mai bhi relate kr pa rha tha Divyasri ke investment plan ko lekar. Bahut hi usefull and knowledgeable video. Thankyou so much sir knowledge share krne ke liye🙏