Money and relationships! | Money Lessons 2025 | Ankur Warikoo Hindi

"After 18, I believe that the duty of parents is limited only to your education. Wherever you go to study, however much you want to study, wherever you want to study, your parents should work as hard as possible and help you, but after that, the expenses of your food and accommodation, your clothes, your gadgets, your party expenses, your entire lifestyle are your responsibility."

"You have to make a living for yourself. You can't ask your parents for money. So, do internships, you can do projects, you can do freelancing, you can do side gigs or jobs, day or night, whenever you get the chance. Because this is what will give you financial independence."

"Don't think about giving back to them. Family because it is expected that your parents will still be in working age, so they are earning for them, so they can take care of themselves. If it is a difficult time or there is a great need, of course, help them. This is without thought. But if they don't need that help, then the first saddle we normally leave with our mother, saying, 'Mom, this is my first salary, it is yours. That is what we all should do.' But after that, my suggestion is, for 30 years, there is no need to contribute towards your parents' income."

"When you turn 40, in my opinion, you should take 100% ownership of your parents' income because most of them have retired by then. Now, I am respectful about their retirement situation. Let's say they are graduates and graduates and then they are retired with a lot of PF, a lot of gratuity, everything is stable, everything is absolutely fine, but even then, you should fulfill their monthly needs and you should be responsible for managing that."

"If you ever lend money to those friends, please do not expect that money. If that money is returned, it is great, but when you give that money, give it with the thought that the money is not going to be returned."

"Because of this, if you ever lend money or give money for help, do not expect interest from it, do not give it on interest, as soon as you bring the money to a certain interest level or bring it to an interest level, cracks start appearing in the friendship, don't make that mistake."

"The thirdly, a very important thing is the daily expenses, whether you go to a party, go to a movie, rent has to be shared, electricity bill has to be shared, water expenses, whatever grocery etc., clear it at that very moment, it is not that it continues till the end of the month, use any P, it has become split wise or whatever and just keep the account and keep doing UPI rapidly, clear it of, don't keep any Small Debt in Your Head Never keep any small debt in your mind, especially with friends."

"Never give them any money. You will always maintain a professional distance. So, in your office, if your colleagues, who are not your friends, ask for money, you should say very clearly that friend, in a professional setting, I am not comfortable lending or borrowing money, so I am really sorry, I will not be able to help, of course, it depends on the amount because if someone is asking for Rs. 10-20 for a samosa or tea. You will give it again don't expect it back if it comes then it's great but if someone is suddenly asking for 5000 10000 50000 then you will put your foot down and say sorry in a professional setting neither do I ask for money from anyone nor do I give money to anyone because I feel that that is a clean way of doing it"

"what is his thinking towards money, what is his thinking towards faith or religion and what is his thinking towards ambition, if these three thinking are aligned in a way that your approach towards money and his approach is more or less the same, the approach towards faith or religion is more or less the same, the approach towards ambition or professional journey is more or less the same, it is quite possible that the two of you will have a healthy and a fruitful life."

"financial history is more important from an experience perspective, it is not about how much you earn or how much you have invested, it is more about whether you were short of money in childhood or had a lot of money, how did your attitude towards money develop because of that, because it is possible that if there was a shortage of money then your attitude towards money would be very different, if there was a lot of money then your attitude towards money would be very different and you will then of course have to align with that."

"What to do with this money because every person wants to earn money, but very few people think about what they will spend it on after earning it. And it is very important that both of you want to spend this money on similar things."

"Financial transparency means at any point of time, Ruchi knows what my income status is, and I know what Ruchi's income status is. I also know how much money she has in her bank, what is invested, and she knows how much money she has in my bank, what is invested. There is 100% financial transparency, and this is important because when you have financial transparency, it means that there is trust in the relationship."

"What it means is partner one and partner two both have salary bank accounts and both of them will say that we will keep Rs. 10, 15, 20 or whatever is there from this for ourselves and the rest will be swapped in to the common bank account. So that Rs. 10, 20 becomes your individual fund money, play money. You can use it in any form, but it is not your investment amount. It is, as I said, your fun money and your play money. So, from the common pool, you will spend your monthly expenses. From that, you will spend for your needs, from that, for your desires and from that, for your investments."