If you receive a lump sum amount of money, should you invest it and grow your money, or should you pay off your loan and reduce your debts?
Can the answer be different based on interest rate and tenure? Let’s figure out in this video!
You can download this excel sheet (used in the video) and make your own calculations: [ Ссылка ]
Get the notes of this video here - [ Ссылка ]
Change the way you bank with the help of Jupiter!
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Here is my video on how to invest a lump sum amount: [ Ссылка ]
00:00 Introduction
02:50 Loan calculation on excel sheet
09:15 Lumpsum Investing on excel sheet
18:00 Invest or pay off loan?
20:00 Conclusion
#LoanRepayment #Investing #Warikoo
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