Questions WEALTHY People Ask on their SALARY Day | Ankur Warikoo Hindi
Published: 2025-08-09
Status:
Available
|
Analyzed
Published: 2025-08-09
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
A wealth mindset focuses on the change in net worth rather than just salary increases.
"They ask how much did our net worth move by?"
Pending
Money that doesn't grow at least at the rate of inflation is losing value over time.
"Lazy money is money that is not growing even with inflation. This means that the importance, value and status of your money is decreasing every year."
Correct
Money should be actively allocated to areas like emergency funds, insurance, gold, mutual funds, or debt repayment, rather than left idle in a bank account.
"The mindset of wealth is to make this money go away. Put it somewhere it will be useful. It could also be an emergency fund. Which is not for earning more money but for our safety. That could be for insurance. Because it will not earn me money but will keep me safe. It could be in gold because I know it will beat inflation. This can happen in mutual funds. This could be to repay a debt. But it won't sit in my bank and sit idle."
Correct
A 15% annual growth on current earnings effectively increases income without a formal salary raise.
"if the ₹25,000 that you are earning today somehow keeps growing at 15% every year, then even if your salary is not 25 to 30, your actual income has reached 30"
Correct
A Freedom Fund is crucial for ensuring financial independence, covering job loss, and enabling the option to stop working for money and start working for oneself.
"Freedom Fund is probably the most important fund in our life. He insures that we are free. It insures that if God forbid we lose our job at any point, we will not be left hungry and naked or at any point we will feel that we have done a lot of work. Now if we want to take leave for one year, we can take it. At some point we feel that we have done a lot of work. No more working for money. We were able to work for ourselves."
Pending
Building a Freedom Fund can provide the confidence to grow assets significantly, with no upper limit to potential wealth accumulation.
"The freedom fund that you have created will give you so much confidence in yourself. That you convert this 44 lakhs into 44 crores in your life. Make it 5 crores, make it 50 crores. There is no limit, there is no end. Trust yourself."
Pending
Money can be invested in learning through courses, books, networking, and evaluating new ideas or startup ventures.
"what will this money teach me this month? So what courses will I take? Where am I? What can I read something from? I can learn something. Which person will this money introduce me to this month? What networking events can I attend? What forums and communities can I join? What newsletters can I subscribe to? Which idea will this money evaluate this month? Which startup ideas will I test?"
Correct
Hiring people for tasks like cleaning, accounting, or operations can free up personal time, which is considered a valuable investment.
"I will not sweep and mop myself. I will hire someone. I will not do my taxes, my GST filing, all this myself. I will hire a CA. I will not handle all my startup operations by myself. I will hire someone. At whatever stage of life I am at, I should hire people with my own money, give them jobs and take out time for myself."
Correct
Paying staff well is justified by the significant amount of time they save for the employer.
"The amount of money we pay our staff is less. Because the amount of money he saves for us in terms of our time is insanely high."
Unrated
Budgeting for desired expenses like travel allows for guilt-free spending when the time is right.
"every month we make a budget for travel, which we park and then when that point comes, we spend it. And that is our guilt free expense."
Correct
Continuous reflection on financial experiences leads to new insights about oneself and one's relationship with money.
"What did I learn about money this month? It's a variant reflection. Because in fact, every day of every month you learn something about money. Something That Tells You Something New About Yourself and Your Relationship with Money."
Correct
An Airbnb near the ISKCON Temple in Rishikesh on the banks of the Ganga, costing ₹11,000-₹13,000 per night, was chosen as a more convenient and enjoyable option for parents compared to a ₹20,000-₹25,000 per night five-star hotel.
"my parents decided that they wanted to go to Rishikesh. If they follow Iron, then it is very important for them to eat food here and all that. So they wanted to stay close to this temple in Rishikesh. ... they will enjoy it. Now a five star hotel in Rishikesh would be anywhere between ₹20 to ₹25,000 a night. This AirBee NB I found really nice property close to ISKCON Temple on the banks of Ganga is around 12,000 and night half was not even 12 maybe 11 actually maybe 13. Somewhere around that 11 to 13"
Unrated