ilmscore | From 0 Savings to Rs. 1.75 Crore - Is It POSSIBLE? | Money Matters Ep. 70 | Ankur Warikoo Hindi

Predictions from this Video

Total: 8
Correct: 3
Incorrect: 1
Pending: 4
Unrated: 0
Prediction
Topic
Status
With the proposed investment strategy, the individual could accumulate approximately ₹1.7 lakh in 5 years, ₹3.3 crore in 10 years, and ₹1.75 crore in 20 years.
"you will have around ₹1 lakh 700. Within 10 years it will be ₹33 lakh ₹0000 and within 20 years it will be ₹1 crore 75 lakh."
Personal Finance Planning
Pending
Implementing the suggested financial tracking and planning methods will lead to a significantly improved financial situation within one to three months.
"within a month, maximum within 3 months, you will be in a very good position."
Personal Finance Planning
Pending
A daily five-minute review with a spouse to track individual spending will be crucial for financial improvement.
"you have to do is sit with your husband for 5 minutes at the end of the day and note down where you spent money and where I spent money."
Personal Finance Tracking
Correct
Husband's investment allocation will be ₹3500 in Nifty 50, ₹2000 in Flexi Cap, and ₹1500 in Small Cap.
"We will invest ₹3500 in Nifty 50. We will invest ₹2000 in Flexi Cap and ₹1500 in Small Cap."
Investment Strategy
Incorrect
Individual's investment allocation from ₹4800 will be ₹2000 in debt mutual funds, ₹1800 in Nifty 50, and ₹1000 in Flexi Cap.
"Out of your ₹4800, ₹2000 will go to day mutual funds. ₹1800 will go into Nifty 50. ₹1000 will go into the flexi cap."
Investment Strategy
Pending
A monthly transfer of ₹3000 will be initiated to establish an emergency fund immediately after the husband's salary is received.
"at that very moment ₹3000 will be transferred from that bank account to the new bank account. This ₹3000 is your emergency fund."
Emergency Fund
Correct
Upon repayment of the first personal loan of ₹4850, that amount will be redirected to cover remaining rent and other outstanding loans.
"the first personal loan of ₹4850 is repaid, it is now saved from your salary because you do not have to pay it. You will use that ₹4850 to pay the remaining rent and the remaining loans you had taken."
Debt Repayment
Pending
The remaining rent and loans will be cleared within two months starting from August, with full repayment expected by September if the plan is followed.
"you will use that ₹4850 to pay the remaining rent and the remaining loans you had taken, you will do it from the month of August and that too will be repaid within two months, so now we have reached September if you did this correctly."
Financial Planning Implementation
Correct