ilmscore | ₹12 Lakh Debt from GAMBLING - Can it be SOLVED?! | Money Matters Ep. 61 | Ankur Warikoo Hindi

₹12 Lakh Debt from GAMBLING - Can it be SOLVED?! | Money Matters Ep. 61 | Ankur Warikoo Hindi

Published: 2025-05-07
Status: Analyzed

Predictions from this Video

Total: 9
Correct: 6
Incorrect: 0
Pending: 3
Prediction
Topic
Status
After achieving debt freedom, it is predicted that one can become a millionaire within 10 years.
"And after that you can start your life from a point where you can become a millionaire within 10 years."
Financial Independence
Pending
It's projected that all loans can be repaid within 30-31 months (approximately 2.5 years), freeing up ₹48,000 monthly income.
"So, we have reached 27 months. And if you assume that the loan is paid off in 30 or 31 months, that is, after two and a half years from today, your EMI will be zero. You will have Rs 48000 per month sir."
Debt Repayment
Correct
A particular loan is projected to be repaid within 4-5 months.
"This will also be repaid within four to five months."
Loan Repayment Timeline
Correct
Repaying a loan of ₹1.3 lakh is estimated to take approximately 8-9 months.
"So, it will take you approximately 8 months. Let's assume 9 months."
Loan Repayment Timeline
Pending
Two loans of ₹50,000 each are expected to be fully repaid within 3 months from a specific point in the repayment plan.
"So, we have reached the 13th month. ... So, after 3 months both your loans of Rs.500 will be closed."
Loan Repayment Timeline
Correct
The next 3-4 years will be dedicated to loan repayment, after which a fresh start from zero will be needed to rebuild one's life.
"The next three-four years of your life will be spent just in repaying this loan and then you will start again and then you will have to start from zero and rebuild your life"
Personal Finance
Pending
Within the next 2 months, after a total of 26 months, a specific loan with four remaining EMIs will be fully repaid.
"So, it has been 2 years since today. At this point, only three loans remain. ... So you will finish that loan also in the next 2 months."
Loan Repayment Timeline
Correct
After 24 months, three loans at 24% interest will be repaid. Subsequently, a ₹73,000 interest-free loan will be repaid within approximately 5 months.
"So, your EMI is still the same at ₹32,218 but the loans of your three friends at 24% interest have been repaid. ... At this point you have a loan of Rs 73,000 on which you do not have to pay interest, you will start repaying it. So he will be done in about 5 months."
Loan Repayment Timeline
Correct
A ₹1 lakh loan, currently only paying interest, will be fully repaid within 6 months, bringing the total repayment period to 24 months.
"At this point, you will start repaying the ₹1 lakh loan on which you are paying only interest. It will take you 6 months to repay it and now you are at 24 months."
Loan Repayment Timeline
Correct