Living on 25,000 per month as a college student in Bangalore | Fix Your Finance Ep 4

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Hey Guys, In today's conversation, we will closely look at the finances of Vikaas, a 3rd year BBA student working in a restaurant and a startup, earning approximately 25K per month. We will look at his income, expenditure, and investments. I'll also be talking about the stock market, insurance, loans, taxation for income less than 5L, budgeting in your 20s, controlling impulse spending and much more.
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Instagram: / anshhuman
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Twitter: / anshuman_306
#budgetingforbeginners #moneymanagement #fixyourfinance #bangalore
______________
GEARS BEHIND THE VIDEO:
📷 Camera: bit.ly/sonyZV1cam
🎙️Indoor mic: bit.ly/Rodewirelessgo2
⚡Lights: bit.ly/digiteklights
🕹️Tripod: bit.ly/DigiTekTripod
MY TOP 5 FAV BOOKS 📚
Ride of a Lifetime: bit.ly/rideofalifetimebook
The Millionaire Fastlane: bit.ly/TheMillionaireFastlane...
Zurich Axioms: bit.ly/ZurichAxioms
Masters of Scale: bit.ly/masterofscale
Just Keep Buying: bit.ly/justkeepbuying
Subscribe for more videos ► / @anshumanfinance
Disclaimer: Neither the guest nor I am a SEBI registered investment advisor. Information shared is only for educational purposes and not investment advice.
Music licensed by Epidemic Music

Пікірлер: 176

  • @mrinmoy6793
    @mrinmoy6793 Жыл бұрын

    Feeling very luck to have such content on internet …and also i am learning how to fix my finances my 20’s

  • @mayanksharma7393
    @mayanksharma7393 Жыл бұрын

    Hi Anshuman, can you do a fix your expenses of a Govt / PSU employee. That’s ll be really great!

  • @AnkurJyotiBasumatary

    @AnkurJyotiBasumatary

    Жыл бұрын

    +1

  • @anshumanfinance

    @anshumanfinance

    Жыл бұрын

    Noted

  • @mayanksharma7393

    @mayanksharma7393

    Жыл бұрын

    @@anshumanfinance filled the form that you have attached

  • @angad2685
    @angad2685 Жыл бұрын

    Wow! discovered thi series today and loving it . Thanks

  • @sambhavgupta833
    @sambhavgupta833 Жыл бұрын

    Maaza aaya!! keep going this kind of podcast 😎✨

  • @Filmbyashishbeck
    @Filmbyashishbeck Жыл бұрын

    This series is I think new in this field 👏 awesome👍😊

  • @gauravdewangan1460
    @gauravdewangan1460 Жыл бұрын

    Thanks for the series, really need to fix my financial habit at this point of life. The series will give us perspective to be a better finance

  • @mdsarwar9593
    @mdsarwar9593 Жыл бұрын

    Love this series keep up the good work 👍

  • @nikhilvijay6022
    @nikhilvijay6022 Жыл бұрын

    I hope this channel grows multifold & you guys can do a pan India shoot. Love from Pune

  • @siddharth8353
    @siddharth8353 Жыл бұрын

    Beginning:- I love tracking share market In between:- I don't look into technicalities while investing, I just take advice from my friends nd invest 😵

  • @snail7759-r7r

    @snail7759-r7r

    Жыл бұрын

    13:12 might answer that, I guess he tracks his investement.

  • @vaibhav7457

    @vaibhav7457

    Жыл бұрын

    he said that's how he started.

  • @gulrez
    @gulrez Жыл бұрын

    Bro, You are doing great. Keep making videos 👏👏👏

  • @brijdhoundy-ed3rz
    @brijdhoundy-ed3rz5 ай бұрын

    Very interesting....n will surely motivate youngsters to get into earning and understanding personal finance✌️👍

  • @jayanthjainjoy2746
    @jayanthjainjoy2746 Жыл бұрын

    Indeed very useful 🙌

  • @sarthakpatil1265
    @sarthakpatil1265 Жыл бұрын

    This was needed

  • @jitesh4922
    @jitesh4922 Жыл бұрын

    Please Bring More like students not graduated or not started that earning 🔥

  • @bandyo
    @bandyo Жыл бұрын

    When I was in college in Bangalore 8 years back, I had a pocket money of about 8-9k including rent😅

  • @HIMANSHUSHARMA-qm4kq

    @HIMANSHUSHARMA-qm4kq

    Жыл бұрын

    Mine 6 k

  • @KING-hw3oy

    @KING-hw3oy

    6 ай бұрын

    So?

  • @pranupranav6279
    @pranupranav6279 Жыл бұрын

    Bro 25k was my 5 months total expense when I was in college

  • @ihaveanubhav

    @ihaveanubhav

    Жыл бұрын

    It was my 4 yrs personal expense.

  • @ERIC-wj7po

    @ERIC-wj7po

    Жыл бұрын

    Yaha to per mnth 30k bhi kam pad re h yr

  • @GetYourselfALife

    @GetYourselfALife

    Жыл бұрын

    That's privileged. My daily pocket money was 20-30rs in 2016.

  • @Deekshauchil

    @Deekshauchil

    9 ай бұрын

    Same bro..

  • @paulchemi

    @paulchemi

    7 ай бұрын

    Half year whole expenditure of our family.

  • @sumitkrishna824
    @sumitkrishna824 Жыл бұрын

    would love to hear him 10 yrs from now

  • @krishanagarwal2129
    @krishanagarwal2129 Жыл бұрын

    Good content 👏🏽👏🏽

  • @chinmaysawant9275
    @chinmaysawant9275 Жыл бұрын

    It’s good that young generation start earning at early age. And not totally depending on the degree.

  • @Secular_Indian

    @Secular_Indian

    Жыл бұрын

    Great Thinking work like a waitor etc for 5 years and Btech and MBA from top colleges will get you same correct ?????

  • @thesujithkumar_

    @thesujithkumar_

    Жыл бұрын

    Sahi bola bhai

  • @divyacrotu7061
    @divyacrotu7061 Жыл бұрын

    Great show Anshuman. More importantly you don't have to do this to.pay your bills and still you are doing an awesome job. I have a suggestion. Jaise Tanmay bhai ko stocks ka idea hai lekin aapke jitna polished experience nehi hai to woh aapse consult karte hai, aapko regarding KZread ye reciprocate karna chahiye. Mai aapke videos me click isliye karta hun kyuki mereko aap pasand ho. Lekin ye format me kuch to kam hai. Abhi mereko pakana nehi aata, lekin kha ke lag raha hai ki namak kam hai. Samajh rahe ho na?

  • @arunkurian9367
    @arunkurian9367 Жыл бұрын

    Actually waiting period for impulsive purchase for me is 7 days....and guess what it works better

  • @GetYourselfALife
    @GetYourselfALife Жыл бұрын

    When you are staying with your parents, you should support them for staying there. Maybe share expenses to the limit you can. I stay with my parents, but I share 8-10k a month towards the house expenses. 😊 You shouldn't be staying with the only mindset of saving your money, by transferring the financial stress & the burden again on your parents shoulders. Especially when your parents are not well off, and all their goals, and their retirement kitty was completely taken care of.

  • @vgm4514
    @vgm4514 Жыл бұрын

    Hi Anshuman can I still use a credit card for all the purchase of our family and ear rewards from the card and they give me money for the purchasing

  • @shreeneelbose9765
    @shreeneelbose9765 Жыл бұрын

    My boy out there! 🔱

  • @agamjain4589
    @agamjain4589 Жыл бұрын

    Guys...how do you keep track of your expenditure...excel is not that sustainable method since you have to sit and enter the expenses every day. I don't find Apps like IndMoney safe to give access to all my SMS. Any another suggestion please? I'm looking for a more automatice method..if possible.

  • @davidgladson5

    @davidgladson5

    Жыл бұрын

    Wallet app

  • @bandyo

    @bandyo

    Жыл бұрын

    I am doing it in Google sheets for last 8 months. You can just do it from your phone. Do it for 3 months, you will have a basic idea of where the money is going.

  • @rohankademani6406
    @rohankademani6406 Жыл бұрын

    We need more content🔥🔥🔥

  • @dhirajmewara531
    @dhirajmewara531 Жыл бұрын

    Shaddi ka reception chal raha kya?? Kya music h bhai 🥲

  • @diganttonpe1804

    @diganttonpe1804

    Жыл бұрын

    Accha lagta hai soothing music 😁

  • @heyitsnikhil7956

    @heyitsnikhil7956

    Жыл бұрын

    🤣🤣🤣

  • @surajkarra
    @surajkarra Жыл бұрын

    I invest in mutual funds for which I got notification from a application that it is commission based but MF are blue chip and I'm getting good returns too , so I'm in doubt should I stop or continue,please help

  • @rohanarora3121
    @rohanarora3121 Жыл бұрын

    Sorry but is having so many ads at this early stage of the channel a good idea? Loved the video but too many ads man

  • @mathewvarughese2418
    @mathewvarughese2418 Жыл бұрын

    @anshuman sharmaji please use a mic for the other person next time. It would be helpful for me.

  • @Nareshraoo
    @Nareshraoo Жыл бұрын

    Bro how applying for a restaurant job can you make a video

  • @priyanshusingh9504
    @priyanshusingh95048 ай бұрын

    5 crores today 10 crores on 50% Travelling Cycle lock of 150 rs Spent 4-5k on Online games

  • @rawfootage949
    @rawfootage949 Жыл бұрын

    Anshuman Sharma...Plz let me know 75k is sufficient with zero liability (no Rent no EMI) for a family for 4 in tier 2 city...

  • @GetYourselfALife

    @GetYourselfALife

    Жыл бұрын

    More than enough to lead a comfortable life + you can do some fat savings as well

  • @manishyadav-gr3dj
    @manishyadav-gr3dj Жыл бұрын

    Bruhh I just get 20k usme se 9k toh PG me hi chla jata h Fir baaki 3-4 traveling to uni 6-8k monthly hi hota h jisme kapde kharidne h bandi k sath jana ya dosto k sath khi jana ya bahar ka khana sab krna hota h Invest toh ghnta khi se ni kr paunga m

  • @diganttonpe1804
    @diganttonpe1804 Жыл бұрын

    Balaji....😂😂😂 I'm sure Anshuman is ultra premium member.

  • @anshumanfinance

    @anshumanfinance

    Жыл бұрын

    LOL mujhe kyu badnaam kar raha hai?😂

  • @avishekdiyali
    @avishekdiyali Жыл бұрын

    I don't own a laptop and I feel like i really need a laptop at this point, to further grow myself, Is it advisable to buy a laptop on EMI ? If yes, what's the best way to go about it? Via credit card? Or an EMI card like Bajaj finserv card?

  • @vikasp5161

    @vikasp5161

    Жыл бұрын

    Laptop can be an essential requirement. So if you can use it productively buy it and try to pick a future proof model and you would use it for atleast 3-4 yrs. For emi depending on your situation, buy where you get lower interest. Doesn't matter what credit instrument you use interest should be less

  • @RahulGupta-uv9xb

    @RahulGupta-uv9xb

    Жыл бұрын

    I bought a second hand laptop for 17K in April 2021 and have been using the same for my side hustle and my dad's business since then. I had initially planned to scrap the laptop in a year and upgrade to a new one, but the laptop is working fine and I haven't switched since then.

  • @vaidikshukla2801

    @vaidikshukla2801

    Жыл бұрын

    Bro explore used options they save a lottt

  • @gauravgowlikar7244
    @gauravgowlikar7244 Жыл бұрын

    Hi Anshuman, Just a update for filing taxes 2.5 L is the limit and not 5L.

  • @siddharth8353

    @siddharth8353

    Жыл бұрын

    Anyways exempt by rebate

  • @arten8281

    @arten8281

    Жыл бұрын

    @@siddharth8353 what does that mean?

  • @siddharth8353

    @siddharth8353

    Жыл бұрын

    @@arten8281 Even though tax is nil upto 2.5lac, But practically rebate is also available upto 5lac, Hence calculated tax 12500 gets cancelled out through rebate (releif kind of), So no tax upto 5lac income

  • @CASunnyKr

    @CASunnyKr

    Жыл бұрын

    @@siddharth8353 but whether u are paying tax or not filing is done if income crosses 2.5lacs

  • @siddharth8353

    @siddharth8353

    Жыл бұрын

    @@CASunnyKr Filing can be done voluntarily even having less income than 2.5lac

  • @utsavpanchal2401
    @utsavpanchal2401 Жыл бұрын

    Akshat Srivastava Shashank Udupa Rachna Ranade Pranjal Kamra Anshuman Sharma Watch videos from this people's channel.

  • @orcawhale2530
    @orcawhale2530 Жыл бұрын

    Mai bhi same College mai hu.. same course ... Naukri milegi ya nai ?

  • @subhamkar2806
    @subhamkar2806 Жыл бұрын

    💯

  • @AnmolHotwani
    @AnmolHotwani Жыл бұрын

    Make this for business owners

  • @buttercupsingh6817
    @buttercupsingh6817 Жыл бұрын

    Hi Anshuman I would like to see the life of a govt employee earning above 50000.

  • @anshumanfinance

    @anshumanfinance

    Жыл бұрын

    Trying to find the right people.. got very less entries from government employees :(

  • @buttercupsingh6817

    @buttercupsingh6817

    Жыл бұрын

    Oh okay keep looking It's worth the wait😊

  • @hriday5954

    @hriday5954

    Жыл бұрын

    I am the guy

  • @dhrumitkumarpatel8855
    @dhrumitkumarpatel8855 Жыл бұрын

    So good

  • @indiancoder8301
    @indiancoder8301 Жыл бұрын

    Make a 25k salary video of a fresher

  • @hasmituchil5214
    @hasmituchil5214 Жыл бұрын

    I am 12 years old and working 4 jobs and making 60k. Please help me

  • @rayyanvlogs1937

    @rayyanvlogs1937

    Жыл бұрын

    Your superman bro😂

  • @kanwalhemant

    @kanwalhemant

    Жыл бұрын

    You are using KZread from age 3 😂😂

  • @irfan-qw1nh

    @irfan-qw1nh

    Жыл бұрын

    😂

  • @smrutiranjan3477
    @smrutiranjan34778 ай бұрын

    Any good app to track expenses

  • @ayantanchatterjee378
    @ayantanchatterjee378 Жыл бұрын

    background music is terrible yaar

  • @khelimeli126
    @khelimeli126 Жыл бұрын

    I live in in 1_2 k pet month, fees excluded

  • @dhruvit.shah7
    @dhruvit.shah7 Жыл бұрын

    Funny when cred wasn't a sponsorer anshuman did NOT recommend to use credit cards for noobies

  • @pandaculture6181
    @pandaculture6181 Жыл бұрын

    I’m 21 now, earning 24L p.a. haven’t saved a penny yet. if you ever plan to do “never make these mistakes” video, hit me up.👌

  • @anshumanfinance

    @anshumanfinance

    Жыл бұрын

    Fill the form?

  • @archie5897

    @archie5897

    Жыл бұрын

    24l at 21? 💀 How

  • @pandaculture6181

    @pandaculture6181

    Жыл бұрын

    @@archie5897 been working since I was 17 in Softwares. guess it's experience.

  • @archie5897

    @archie5897

    Жыл бұрын

    @@pandaculture6181 would you mind if I ask for some advice?

  • @pandaculture6181

    @pandaculture6181

    Жыл бұрын

    @@archie5897 are bhai, who am I to give anyone any advice. I work in softwares, marketing and SaaS field, if I can help you in any way in these subjects.. would love to :)

  • @rashh1154
    @rashh1154 Жыл бұрын

    I Don't even know what RD,SIP can anybody Help me in planning My salary 30000/- 10000/- I'll give it at home 5000/- Fuel expenses 5000/- I'll give it back to people from whom I borrowed 4000/- outside food 6000/- Saving for business analyst course

  • @aboorva7108

    @aboorva7108

    Жыл бұрын

    Rd is recurring deposit (You have to pay monthly)You can open this through ur bank account. It's like emergency fund you can get it immediately if you like to withdraw. SIP Systematic investment plan. You can invest through demat account. If you new to investment platform, You could start a SIP in Index fund (like nifty, nifty50) because it's safe for beginners. I hope it helps you.

  • @bismeetsingh352
    @bismeetsingh352 Жыл бұрын

    Form toh bhara tha maine, aa jao mumbai kabi

  • @simplypriyankarajput
    @simplypriyankarajput Жыл бұрын

    Hey how did you get that restaurant job ??

  • @simplypriyankarajput

    @simplypriyankarajput

    Жыл бұрын

    @@shaktiman-indianhero9577 but how ?? I mean what's the way ??

  • @anshumanfinance

    @anshumanfinance

    Жыл бұрын

    he stayed near the restaurant and has been working there since the age of 16. probably went to the restaurant and asked for a shift job

  • @karunajain4732
    @karunajain4732 Жыл бұрын

    1- 5lakh 2- 1crore 3- Travel

  • @KhanStan

    @KhanStan

    Жыл бұрын

    Option 2) 1 crore

  • @paulchemi

    @paulchemi

    7 ай бұрын

    Travel ❤

  • @cryptorelatedtalks44
    @cryptorelatedtalks44 Жыл бұрын

    #saveshwetabhgangwar

  • @vikas_Roll_No_1
    @vikas_Roll_No_1 Жыл бұрын

    I am 3 yr old.. earning 28 lac per annum... Want financial advice

  • @kanwalhemant

    @kanwalhemant

    Жыл бұрын

    Are Indian Cristiano

  • @zap8075
    @zap8075 Жыл бұрын

    Change the background music bhai, so fkin annoying

  • @Thevalueinvest
    @Thevalueinvest Жыл бұрын

    Hoichoi bhi le rakha he 🤣

  • @Khabri8008
    @Khabri8008 Жыл бұрын

    Tier 1 cllg ?bba Which cllg

  • @KhanStan

    @KhanStan

    Жыл бұрын

    Christ college he mentioned

  • @ihaveanubhav
    @ihaveanubhav Жыл бұрын

    0:46 Yeh batane wala course hai bc!

  • @raykaiop8457
    @raykaiop8457 Жыл бұрын

    KZread premium 😂

  • @adarshjha4774
    @adarshjha4774 Жыл бұрын

    k l rahul lite

  • @shivamjodha4254
    @shivamjodha4254 Жыл бұрын

    5 cr 100% cr Travel and cars Laptop Panipuri

  • @smartindian7641
    @smartindian7641 Жыл бұрын

    I guess who in this world spends more than they earn? 🤔

  • @anshumanfinance

    @anshumanfinance

    Жыл бұрын

    A lot of people bro. Being broke within the month means that we are spending more than we can afford to

  • @sanjaykrishnan8379

    @sanjaykrishnan8379

    Жыл бұрын

    Extensive use of credit cards can make you do that.

  • @Ramu-00732
    @Ramu-00732 Жыл бұрын

    Abey tujhe khud idea nahi hai ki life mein kya karr raha hai tu tho doosron ko advice kyun de raha hai bey, Tu khud ke baare mein sonch aur jo 2rupaye kamaatha hai mahine ke usske baare mein sonch doosron ko advice mat de wo log achcha karr rahe hain life mein tu tere baare mein sonch beta😂😂

  • @kinzo1192
    @kinzo1192 Жыл бұрын

    I AM 17 and earning around 70- 1 lakh I want to learn to invest any good resources?

  • @harshit97x

    @harshit97x

    Жыл бұрын

    Bro how are you earning that much?

  • @SAHILKHAN-vk2zz

    @SAHILKHAN-vk2zz

    Жыл бұрын

    You can follow pranjal kamra's channel

  • @becalm377

    @becalm377

    Жыл бұрын

    How u earned bro?

  • @arten8281

    @arten8281

    Жыл бұрын

    Aswm 🔥

  • @whosourav

    @whosourav

    Жыл бұрын

    Chal jhutti

  • @itishriaggarwal6845
    @itishriaggarwal6845 Жыл бұрын

    love the series. Please continue to make more & moreeeee.

  • @DayTradeDominance
    @DayTradeDominance Жыл бұрын

    Focus on learning bro not earning at this stage.

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