ilmscore | 11 Money Habits That Will Make You Bankrupt in 2025 | Ankur Warikoo Hindi

11 Money Habits That Will Make You Bankrupt in 2025 | Ankur Warikoo Hindi

Published: 2024-11-27
Status: Available | Analyzed

Predictions from this Video

Total: 11
Correct: 0
Incorrect: 0
Pending: 11
Unrated: 0
Prediction
Topic
Status
Shift focus from impressing others with money to impressing them with hard work and dedication in 2025.
"In 2025, if you can make a promise to yourself that I am who I am without money On my own Ability, I will try to impress people with my hard work."
Financial Habits
Pending
In 2025, it's advised to distance yourself from friends who make you feel bad about your lifestyle choices or aspirations.
"In 2025, say goodbye to those relationships, especially to those friends, who make you feel bad for the lifestyle you want to adopt, the way you want to live."
Relationships
Pending
Avoid taking high-interest, unsecured consumer loans in 2025.
"Stop taking bad consumer loans in 2025."
Consumer Loans
Pending
Treat investments like loan EMIs; set up automatic deductions (SIPs) immediately after receiving salary to ensure consistent investing.
"You have to treat investing like the EMI of a bank loan, that as soon as your salary comes, it gets automatically deducted from the SIP the next day."
Financial Planning
Pending
In 2025, always pay credit card bills in full to avoid accumulating interest charges.
"In 2025, remove this habit from your life. You don't have to make any payment with minimum amount due. Full payment is always"
Credit Card Payments
Pending
Avoid taking loans to invest in risky or variable-return instruments.
"Don't ever take a loan to invest in something that is risky and variable."
Investing
Pending
Eliminate the habit of being excessively frugal by 2025; instead, spend wisely on things that offer long-term savings.
"This habit will have to be eliminated by 2025. Spend money wisely. Spend it on things that will create long-term savings for you."
Spending Habits
Pending
Review all subscriptions monthly to identify and cancel unused ones.
"Be sure to review all your subscriptions once every month. Not doing so is a very bad habit."
Subscriptions
Pending
Be an informed citizen by understanding taxes; do not evade them, but also do not ignore them.
"It is important to know all these things for you to be a vigilant citizen of this country. You don't have to evade taxes, but you also don't have to ignore taxes."
Taxation
Pending
As an adult, managing money and optimizing taxes are responsibilities that require a disciplined approach.
"The day you become an adult, managing money becomes your responsibility, whether you like it or not, and you have to stay invested in that, then after that taxes and saving tax, optimizing tax is a proper discipline approach."
Tax Optimization
Pending
The interest paid on education loans can be fully deducted from taxable income without any limit.
"The interest component of education loan is deducted from the taxable income with no limit."
Education Loans
Pending