Living on 25,000 per month as a college student in Bangalore | Fix Your Finance Ep 4
Fill in to get featured: forms.gle/av6RLcaZCnTMMv3y8
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.
Connect with me ►
Instagram: / anshhuman
Linkedin: / anshuman-sharma-20452b148
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
Feeling very luck to have such content on internet …and also i am learning how to fix my finances my 20’s
Hi Anshuman, can you do a fix your expenses of a Govt / PSU employee. That’s ll be really great!
@AnkurJyotiBasumatary
Жыл бұрын
+1
@anshumanfinance
Жыл бұрын
Noted
@mayanksharma7393
Жыл бұрын
@@anshumanfinance filled the form that you have attached
Wow! discovered thi series today and loving it . Thanks
Maaza aaya!! keep going this kind of podcast 😎✨
This series is I think new in this field 👏 awesome👍😊
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
Love this series keep up the good work 👍
I hope this channel grows multifold & you guys can do a pan India shoot. Love from Pune
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
Жыл бұрын
13:12 might answer that, I guess he tracks his investement.
@vaibhav7457
Жыл бұрын
he said that's how he started.
Bro, You are doing great. Keep making videos 👏👏👏
Very interesting....n will surely motivate youngsters to get into earning and understanding personal finance✌️👍
Indeed very useful 🙌
This was needed
Please Bring More like students not graduated or not started that earning 🔥
When I was in college in Bangalore 8 years back, I had a pocket money of about 8-9k including rent😅
@HIMANSHUSHARMA-qm4kq
Жыл бұрын
Mine 6 k
@KING-hw3oy
6 ай бұрын
So?
Bro 25k was my 5 months total expense when I was in college
@ihaveanubhav
Жыл бұрын
It was my 4 yrs personal expense.
@ERIC-wj7po
Жыл бұрын
Yaha to per mnth 30k bhi kam pad re h yr
@GetYourselfALife
Жыл бұрын
That's privileged. My daily pocket money was 20-30rs in 2016.
@Deekshauchil
9 ай бұрын
Same bro..
@paulchemi
7 ай бұрын
Half year whole expenditure of our family.
would love to hear him 10 yrs from now
Good content 👏🏽👏🏽
It’s good that young generation start earning at early age. And not totally depending on the degree.
@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_
Жыл бұрын
Sahi bola bhai
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?
Actually waiting period for impulsive purchase for me is 7 days....and guess what it works better
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.
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
My boy out there! 🔱
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
Жыл бұрын
Wallet app
@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.
We need more content🔥🔥🔥
Shaddi ka reception chal raha kya?? Kya music h bhai 🥲
@diganttonpe1804
Жыл бұрын
Accha lagta hai soothing music 😁
@heyitsnikhil7956
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
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
@anshuman sharmaji please use a mic for the other person next time. It would be helpful for me.
Bro how applying for a restaurant job can you make a video
5 crores today 10 crores on 50% Travelling Cycle lock of 150 rs Spent 4-5k on Online games
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
Жыл бұрын
More than enough to lead a comfortable life + you can do some fat savings as well
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
Balaji....😂😂😂 I'm sure Anshuman is ultra premium member.
@anshumanfinance
Жыл бұрын
LOL mujhe kyu badnaam kar raha hai?😂
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
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
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
Жыл бұрын
Bro explore used options they save a lottt
Hi Anshuman, Just a update for filing taxes 2.5 L is the limit and not 5L.
@siddharth8353
Жыл бұрын
Anyways exempt by rebate
@arten8281
Жыл бұрын
@@siddharth8353 what does that mean?
@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
Жыл бұрын
@@siddharth8353 but whether u are paying tax or not filing is done if income crosses 2.5lacs
@siddharth8353
Жыл бұрын
@@CASunnyKr Filing can be done voluntarily even having less income than 2.5lac
Akshat Srivastava Shashank Udupa Rachna Ranade Pranjal Kamra Anshuman Sharma Watch videos from this people's channel.
Mai bhi same College mai hu.. same course ... Naukri milegi ya nai ?
💯
Make this for business owners
Hi Anshuman I would like to see the life of a govt employee earning above 50000.
@anshumanfinance
Жыл бұрын
Trying to find the right people.. got very less entries from government employees :(
@buttercupsingh6817
Жыл бұрын
Oh okay keep looking It's worth the wait😊
@hriday5954
Жыл бұрын
I am the guy
So good
Make a 25k salary video of a fresher
I am 12 years old and working 4 jobs and making 60k. Please help me
@rayyanvlogs1937
Жыл бұрын
Your superman bro😂
@kanwalhemant
Жыл бұрын
You are using KZread from age 3 😂😂
@irfan-qw1nh
Жыл бұрын
😂
Any good app to track expenses
background music is terrible yaar
I live in in 1_2 k pet month, fees excluded
Funny when cred wasn't a sponsorer anshuman did NOT recommend to use credit cards for noobies
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
Жыл бұрын
Fill the form?
@archie5897
Жыл бұрын
24l at 21? 💀 How
@pandaculture6181
Жыл бұрын
@@archie5897 been working since I was 17 in Softwares. guess it's experience.
@archie5897
Жыл бұрын
@@pandaculture6181 would you mind if I ask for some advice?
@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 :)
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
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.
Form toh bhara tha maine, aa jao mumbai kabi
Hey how did you get that restaurant job ??
@simplypriyankarajput
Жыл бұрын
@@shaktiman-indianhero9577 but how ?? I mean what's the way ??
@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
1- 5lakh 2- 1crore 3- Travel
@KhanStan
Жыл бұрын
Option 2) 1 crore
@paulchemi
7 ай бұрын
Travel ❤
#saveshwetabhgangwar
I am 3 yr old.. earning 28 lac per annum... Want financial advice
@kanwalhemant
Жыл бұрын
Are Indian Cristiano
Change the background music bhai, so fkin annoying
Hoichoi bhi le rakha he 🤣
Tier 1 cllg ?bba Which cllg
@KhanStan
Жыл бұрын
Christ college he mentioned
0:46 Yeh batane wala course hai bc!
KZread premium 😂
k l rahul lite
5 cr 100% cr Travel and cars Laptop Panipuri
I guess who in this world spends more than they earn? 🤔
@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
Жыл бұрын
Extensive use of credit cards can make you do that.
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😂😂
I AM 17 and earning around 70- 1 lakh I want to learn to invest any good resources?
@harshit97x
Жыл бұрын
Bro how are you earning that much?
@SAHILKHAN-vk2zz
Жыл бұрын
You can follow pranjal kamra's channel
@becalm377
Жыл бұрын
How u earned bro?
@arten8281
Жыл бұрын
Aswm 🔥
@whosourav
Жыл бұрын
Chal jhutti
love the series. Please continue to make more & moreeeee.
Focus on learning bro not earning at this stage.