Money Matters is a series where I have conversations with normal people such as you and I, on your personal finance issues.
It is important to note that I am NOT a financial expert, I am NOT SEBI registered, and I am NOT qualified to give financial advice.
Everything that I say in these videos is purely through my own experiences.
- So these videos do not offer any stock tips, or specific mutual fund recommendations or get-rich-quick schemes.
- I am not selling any product or service through these videos.
- None of the brands that I mention in these videos have paid me to mention them, unless I explicitly say so (and I will say if the video is sponsored).
This also means that my advice may not always be the right advice. So incase I make a mistake, the best way to correct me will be to share your point of view in the comments, so that everyone can benefit from it.
I am not perfect, nor claiming to be either and would love to learn and grow.
The idea is simply to help people with their finance journey and through their story try to help others who may have a similar story.
If you wish to be part of this series, please fill up this form [ Ссылка ]
In this episode of 'Money Matters', we have Sushant, a 28-year-old IT professional supporting his family. I guide Sushant on optimizing his finances, suggesting canceling inefficient insurance policies and investing in SIPs instead. He breaks down how disciplined investing in index funds could lead to significant wealth accumulation over 30 years. I emphasize the importance of term insurance, emergency funds, and spending time with family. The episode offers practical financial planning tips while addressing the emotional aspects of Sushant's situation, aiming to secure his and his family's future.
Want to join me on the show? Fill this form and my team will reach out to you: [ Ссылка ]
00:00 Introduction
00:30 About Sushant
03:15 Sushant's expectations from Money Matters
05:17 Current financials
13:22 Plan for Insurance and Investments
33:55 Sushant's reaction to the plan
37:07 Summarizing the financial plan
39:50 Personal advice
42:20 Conclusion
#FinancialPlanning #MoneyMatters #warikoo
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My Money Apps:
Indian Stock Investing (Zerodha): [ Ссылка ]
Mutual Fund Investing (Coin by Zerodha) (You will need to create a Zerodha account for it first. Coin is free): [ Ссылка ]
US Stock Investing + Investment Tracking (INDMoney): [ Ссылка ]
Portfolio Investing (Smallcase): [ Ссылка ]
Corporate Bonds (Wint Wealth): [ Ссылка ]
How to pick the right insurance (Ditto): [ Ссылка ]
The above links are for products that I personally use for my own investing. If you create an account on any of these using the above links, I stand to make a referral income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L, in 2022 we contributed 53L and in 2023 we contributed 52L. DO NOT assume that these are the best products in the industry. Please do your research and let me know if you have any questions.
My bestselling books:
'Make EPIC Money' here: [ Ссылка ]
‘Get EPIC Shit Done’: [ Ссылка ]
‘Do Epic Shit’: [ Ссылка ]
My gear for shooting this video:
🎥 Sony a7III camera: [ Ссылка ]
🎬 Sony FE 24-70 f2.8 Lens: [ Ссылка ]
🎙 Shure SM7B Microphone: [ Ссылка ]
🔆 Fill Light 60W: [ Ссылка ]
💡 Key Light 150W: [ Ссылка ]
📽 Benro IT15 Tripod for Sony a7III camera: [ Ссылка ]
The above links are on Amazon. If you buy any of these using the above links, I stand to make affiliate income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L, in 2022 we contributed 53L and in 2023 we contributed 52L.
Let’s connect online:
🎙 My weekly podcast Woice with warikoo (Spotify): [ Ссылка ]
📩 My weekly newsletter warikoo Wanderings: [ Ссылка ]
📱 Instagram: [ Ссылка ]
🐦 Twitter: [ Ссылка ]
👨🏻💻 LinkedIn: [ Ссылка ]
😄 Facebook: [ Ссылка ]
🖋 Daily Blog: [ Ссылка ]
