ilmscore | ₹3 Lakh Debt After OPTION TRADING LOSS | Money Matters Ep. 55 | Ankur Warikoo Hindi

Predictions from this Video

Total: 6
Correct: 1
Incorrect: 0
Pending: 4
Unrated: 1
Prediction
Topic
Status
The speaker predicts that Kapil's current company loan will be cleared by July, and the funds can then be redirected to his mother's personal loan.
"So you can do this that when your current company loan of 9500 is repaid, then you can use the remaining 000 from it to clear your mother's personal loan. Yes, absolutely correct. Okay, so this is absolutely correct. Then by July, this 000 loan of yours will be cleared."
Loan Repayment Timeline
Pending
The speaker advises Kapil that once debt-free, he should begin investing through SIPs starting between ages 28-29.
"And at that point, Kapil, you will have to start your investment journey where every month, just like today you keep paying off loans to the bank, friend, sister, everyone, similarly you will work for yourself and you will invest whatever you can earn for yourself every month, Rs. 5000, 6000, 7000, through SIP. And even if you start at the age of 28 or 29, it is not too late at all."
Investment Journey Start
Pending
The speaker predicts that investing for 20-25 years can lead to earnings of crores of rupees.
"You can easily invest for the next 20-25 years from your income and you can earn not only lakhs but crores of rupees from the same investment."
Potential for High Returns
Pending
By increasing income by ₹14,000-₹16,000, Kapil could potentially pay off all his loans in 3 years or less.
"If you increase it by 14, 15, 16 years, then whatever extra expenses you incur, you can easily use it to pay it off so that all your money is paid off in 3 years or less."
Skill Development for Income Increase
Pending
The speaker suggests potential online skills for Kapil to acquire, including video editing, graphic design, software development, and app development.
"Can you do video editing? Can you do graphic designing? Can you write or create software? Can you do pop development?"
Online Skills for Future Income
Unrated
The speaker predicts that acquiring new skills over one to two years can lead to establishing a side income or even a main income.
"in those one or two years, you can start a side income with a new skill or make it your main income, that's your wish."
Earning Potential with New Skills
Correct