Left with NOTHING on MONTH END? | Money Matters Ep. 1 | Ankur Warikoo Hindi

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.

In this candid discussion, Praveen shares his personal financial journey, including the challenges he faces. He expresses a keen interest in enhancing his savings habits, establishing emergency funds, and exploring investment opportunities to secure his financial future.

Join us as we navigate through Praveen’s finances, drawing a structured plan involving investment as well as saving. As the conversation draws to a close, Praveen leaves the session feeling optimistic about implementing the recommended plan and confident in his ability to achieve financial stability.

Want to join me on the show? Fill this form and my team will reach out to you:

00:00 Introduction
02:21 Who is Praveen?
05:03 Current financials
05:35 Praveen's financial goals
06:40 Current expenses
12:00 Recommended Monthly Budget
18:20 My 3-Step Investing Plan for Praveen
26:30 The discipline of investing
29:20 The difficult part
33:05 Conclusion

#FinancialManagement #Investments #warikoo

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My Money Apps:

The above links are for products that I personally use for my own investing. If you create an account on any of these using the above links, I stand to make a referral income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L, in 2022 we contributed 53L and in 2023 we contributed 52L. DO NOT assume that these are the best products in the industry. Please do your research and let me know if you have any questions.

My bestselling books:

My gear for shooting this video:

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, in 2022 we contributed 53L and in 2023 we contributed 52L.

Let’s connect online:

[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.


My Money Apps:

The above links are for products that I personally use for my own investing. If you create an account on any of these using the above links, I stand to make a referral income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L, in 2022 we contributed 53L and in 2023 we contributed 52L. DO NOT assume that these are the best products in the industry. Please do your research and let me know if you have any questions.

My bestselling books:

My gear for shooting this video:

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, in 2022 we contributed 53L and in 2023 we contributed 52L.

[dr.kaushikpatel]

Ladke aise hi mature ho jate hai. Time mature bana deta hai. Kudos to Praveen. Hardworking and responsible

[akshaykatoch]

Respect for you Praveen.. being soo responsible and polite.. wishing you a very happy life.

[jagpreetsingh]

Ankur u gained lot of respect for what u r doing direct money management to middle class people who struggles to manage bhut badia kam kr rhe ho aap....keep it up

[sanjumanu]

I'm 27 years old and I'm in the same situation...this helped me so much. Thank you for the video❤

[nikhilhalbe]

this concept of having a one on one with a working man to plan a budget is great .... Also love how non judgemental ankur is ❤

[olingperme]

This video is so relatable to millions of salaried people. Thank you for the very honest conversation and valuable advice.

[shedgepranay]

In 2011, I was in the same place as him. Responsibilities and loans bring pressure on men and we become vulnerable to boss. Appreciate these videos and also Ankur was supportive. I agree with what he said. Start a small SIP and you will never realise how it grows over time. In fact add more to PF which I did when I lived in India and it grew by 8% which is still silently good but not as MF or stock market. My father asked for FD which was a big mistake and I lost money appreciation. Hope to see more videos like these ❤

[MrPankajchakraborty]

Thank you Ankur for starting the series. I have been listening you for last 3-4 years. And lately your podcasts are my regular companion during my morning walks, office comute, cooking my meals etc.

With your lucid explanations you have made the journey of personal finance really interesting for commoners like me.

Please keep doing the good work, all the best 🙏🙏🙏

[AnoopSingh]

It's amazing to see this conversation with praveen. Usually, people not get such a good councillor. SIPs always a good option to start saving. And as praveen said some expanse comes suddenly, for that purpose he can start RD which can be break at any time for such sudden needs. I never get such a good council but i must say this is fantastic. Hatts of to ankur and praveen for a great conversation. My best wishes to both of you.

[aninditadebroy]

Praveen is so honest. Hats off..salary class can relate so well

[ahsanulhoquechoudhury]

It was incredible ankur. I'm setting with my pen and paper and learn more. Thank you

[sureshmistry]

Just a suggestion: Don’t directly jump into SIPs and Mutual Funds, giving false hopes. Such an approach can make people complacent when they dream of making crores in 20-30 years. Instead, encourage them to focus on skill development and explore ways to uplift their income.

With your extensive experience in startups and the business ecosystem, consider suggesting relevant courses or highlighting the future scope of their current job. By emphasizing skill upliftment and long-term career growth, individuals will be motivated to work hard, eventually earning exponentially. This, in turn, will provide them with the financial capacity to invest in SIPs

[sachindevilliers]

"Praveen is my childhood friend, and such friends are rare who stay with you for a lifetime. My friend is very mature and responsible since childhood, capable of managing any situation."❤

[sachinshetti]

Thanks Ankur. ♥ Getting real people on the show and they sharing their finances, and you advicing them to manage money helps majority of us. Majority of us can relate to this. We all fall in this category of 'end mein kuch nahi bachta' . Thanks Praveen :)

[Poultryserve]

Hats off to Ankur Warikoo real listener Very patient personality

[satyajayvishwakarma]

It's working...I just finished make epic money book..it's a very fantastic reading journey...I recommend this book to each and every one at their 20s, 30s or 40s..Thanks a lot Ankur Sir

Keep continuing this series 🤠

[priscillapaul]

Ankur you are so kind and warm. I can see how you give respect to each individual. God bless you always

[piyushsadawrati]

Humbleness n politeness is always respected

[pradeepyadav]

This video is very helpful for crores of people like Praveen, there are soo many people who are struggling to manage their own savings.and thankyou soo much sir for your kind information.