Managing FAMILY Finances After Business LOSS | Money Matters Ep. 51 | Ankur Warikoo Hindi
Published: 2025-03-01
Status:
Available
|
Analyzed
Published: 2025-03-01
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The estimated rent of 40,000 to 50,000 rupees per month for the shop is projected to cover the family's monthly expenses.
"If this rent comes to 40 to 50 rupees, will it cover your family's expenses for the month? Yes sir, yes sir, it will."
Pending
The speaker strongly advises renting out the shop by the end of February, setting it as a critical target to alleviate financial pressure.
"So, put your shop on rent by Feb and this should be your goal target, go home and print it on your wall, tell your parents, tell your aunt that today I have decided that by the end of this month I will put this shop on rent."
Pending
Once the shop is rented out, likely by March or April, the speaker predicts the individual will cease providing direct financial support to their parents.
"As soon as this rent starts, which hopefully will start by March maximum April, you will stop supporting them financially."
Correct
A strategy is proposed to pay off the 200,000 rupee gold loan by allocating 7,000 rupees per month, aiming for repayment within approximately 20 months.
"So you will take 7000 and pay it off in about 20 months. The remaining 3000 that you save for insurance, you will have to use that."
Correct
A diversified investment strategy is suggested for the monthly savings, with 4,000 rupees in Nifty 50, 2,000 rupees in mid/flexi-cap funds, and 1,500 rupees in small-cap companies.
"So my suggestion would be that out of this 75000, you invest 4000 in what is called Nifty 50, then 2000 I would invest in a mid cap or flexi cap mutual fund and then The remaining 1500 you will invest in the small size companies of India which we call small cap."
Pending
Based on the proposed SIP strategy, the projected investment value after 10 years is 28 lakh rupees.
"If this continues like this, then within 10 years you will have Rs 28 lakh."
Pending
The projected investment value after 20 years, following the SIP strategy, is estimated to be 1 crore 90 lakh rupees.
"after 20 years you will have Rs 1 crore 90 lakh."
Pending
The projected investment value after 25 years, with the SIP strategy, is estimated to reach 4 crore 60 lakh rupees.
"and after 25 years you will have Rs 4 crore 60 lakh."
Pending
After accounting for 6% inflation, the real value of the projected 28 lakh rupees after 10 years is estimated to be 16 lakh rupees.
"After 10 years the value of Rs 28 lakh that you have will be Rs 16 lakh."
Pending
After accounting for 6% inflation, the real value of the projected 1 crore 90 lakh rupees after 20 years is estimated to be 1 lakh rupees.
"After 20 years the value of around Rs 1 crore that you have will be Rs 1 lakh."
Pending
After accounting for 6% inflation, the real value of the projected 4 crore 60 lakh rupees after 25 years is estimated to be 1 crore 7 lakh rupees.
"and after 25 years the value of Rs 4 crore 60 lakh that you have will be Rs 1 crore 7 lakh."
Pending
It is recommended to invest the sister's matured RD amount (144,000 rupees) in Nifty 50 for three to four years to allow for steady growth.
"If you invest it in Nifty 50 and keep it for three to four years till she needs that money, then it will keep growing slowly and well."
Correct
Investing the 144,000 rupee lump sum in Nifty 50 for five years is projected to grow to approximately 2 lakh rupees.
"If the same lump sum amount is Rs. 144000, then if you keep it for five years, then it will grow to around Rs. 2 lakh."
Correct
The speaker anticipates that the shop will be rented out by March or April, at which point the individual will no longer need to provide financial support to their parents.
"So as soon as this rent starts, which hopefully will start by March maximum April, you will stop supporting them financially."
Pending