₹24K Income, ₹4.5 Lakh Loan TRAP - How to SOLVE?! | Money Matters Ep. 83 | Ankur Warikoo Hindi

"By the age of 40, try to increase your monthly salary of ₹24,000 by working as hard as Kabir, try to take it to 26, 27, 28, 30, try to take it to 35. Because whatever extra money you earn, if you invest it properly, then by the age of 40 you will reach a stage where of course you will not have to do all these things."

"And all other things will come. Many more opportunities will come. But most importantly, you will have the ability to take risks. And wherever you want to go, whatever new work you want to do or open a business or help your father in his shop or do anything else, you will have the ability to do that because you will have the backing of money."

"If we take that ₹4000 only which you can save every month. If you keep your income at ₹24000. It costs ₹10,000. If you have a bike worth ₹300 and a home loan of ₹6500, then if you invest that ₹4000 every month and increase it by 5% every year and if you keep investing it at 15%, then by doing this you will have around Rs 70 lakh within 20 years."

"But we have to start. Now if you work a little harder on this 4000 and say that friend, I have to increase my salary of ₹4,000 to ₹8,000. And out of the ₹8,000 that you have, I will give ₹20,000 to the family but I will invest the remaining ₹000. If you do not invest even ₹000, then even that ₹6,000 and do it for 20 years, you will have ₹1 crore 6 lakh."

"By the age of 40 you will reach a stage where of course you will not have to do all these things. And I am very sure that all this will change within 10 years. You will not have been driving Rapido for 10 years."