Living on a 1.25 Crores Package in India | Fix your Finance Ep. 25

Hello guys, welcome to another episode of Fix your Finance. In today's episode, we meet Shyamali and Prashant, two software developers who met in IIT Bombay.

Today, we talk about:

- Their income and expenses
- Maximising the benefits of ESOPs
- The importance of a term insurance
- Planning for buying a house
- Planning for an early retirement (FIRE)

Enjoy :)

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GEARS BEHIND THE VIDEO:

MY TOP 5 FAV BOOKS 📚

#fixyourfinance #personalfinance #moneymanagement

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

[potbot]

Not having parents dependent on them, having a home already before buying another, not having siblings to take care of (financially), being smart/guided enough to study hard when it was the right time (JEE), having a partner which loves you and also support you in all terms ; These guys hit a jackpot in a lot of key areas for a good life.

[bholebabaparkarega]

To all aspiring millionaires, you do not need to be software engineer from IIT to earn 50l PA, but it certainly helps. I am a 2nd grade B Com grad from Kolkata and I earn almost 60l PA. And my expenses are around 60k PM. I save around 90% of my salary without even trying. Keep pushing and try to develop yourselves and your skills, studying will only take you thus far. Once you start working no one cares where you studies or how much you secured in your grad. But the struggle is real so keep going and push the boundaries. Be the best at what you do and DO NOT WASTE TIME.

[Happysoul_]

Even their parents aren't dependent on them, still they are thinking to buy home worth Rs1 cr for them.
This a very humble gesture of selflessness.

[realavdhut]

8:26 annotation nahi kiya hai update kardo links.. also the cred link isnt working

[shanepaul]

Lots of jealous people in the comments. They can't really fathom how somebody is making more than them. Instead of being bitter, take this as a motivation to increase your income and grow. Commenting negative things on this video will not take your forward.

[greatmentors]

My brother in law is a dentist having private clinics in assam. He is around 36 years old. He owns a 1.5 crore flat and 1.3 crore bmw z4.

[sourobhdas]

My wife and I earn a similar amount currently but our expenses are not even half of theirs. Guess we seriously need to upgrade our lifestyles. 😂

[TheArtOfWealthBuilding]

Insightful video, I wish there was a excel calculation shown and live financial planning was done.
I am a certified financial planner
And can do all these calculations on excel (have also shared free calculators on my channel )

[ajaxtyson]

Where and when did they take 1cr house? In which city and place? In Hyderabad, a 2000 sqft apartment cost 1.4cr even in areas were prices are low.

[booksquotes]

Studied in IIT for 2 years ? Mtech ????

[debrajsom]

Happy for them but crying in the corner 😭😭

[gauravbansal]

Why are so many comments negative and sarcastic? These guys worked hard to get to this level. We should be motivated from this.

[shivachittiprolu]

It's not just fixing finance video, it's a motivational video too. Upskill, get placed in good companies, make big figures

[vikashbhuyan]

Ahh finally something I can definitely NOT relate to. 😇🙌

[OishikSarkargplus]

1.25 Cr ke package mein Activa scooty and Volkswagen, man they're really down to earth people.

[nayaksandeep]

Still trying to figure out what did Anshuman fix here 😅

[thefashionamclothing]

👍👍👍👍 Keep posting. Learning so much from your channel. Thanks. 👍👍

[my_j.a.r.v.i.s.]

After watching this, Lagta hai 1 crore bhi Aaj ka zamane mein kuch bhi nhi hai.

[Milan]

The reality is that atleast 60% of the IT work force will be asked to take VRS or get layed-off. So, please save enough for your future post 40 retirement plan.

[taurus]

Earning more than a crore and riding on an Activa. I love that passion for scooters