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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.
In today’s Money Matters episode, I speak with Garima, a 26-year-old working professional from Delhi earning ₹30,000 per month while supporting her parents. Despite her limited income and heavy responsibilities, Garima is already trying to save and invest. I guide her on prioritizing financial protection through health insurance, life insurance, and an emergency fund before focusing on investments.
I explain why building multiple income streams is crucial for financial growth when your primary income is limited. Instead of just job-hopping for small raises, I advise Garima to leverage her skills and time to create side hustles that pay more per hour than her current job. With proper financial planning and increased income, even someone starting with ₹30,000 can build significant wealth over time – potentially ₹1.8 crore in 25 years with disciplined investing.
00:00 Introduction
00:23 About Garima
02:27 Expectations from Money Matters
04:39 Current financials
10:37 Insurance planning and emergency funds
17:00 Increasing income sources and investing
27:27 Garima’s reaction and Ankur’s advice
31:03 Closing remarks
#FinancialPlanning #MoneyMatters #warikoo
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My Money Apps:
Indian Stock Investing (Zerodha):
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How to pick the right insurance (Ditto):
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My gear for shooting this video:
🎥 Sony a7III camera:
🎬 Sony FE 24-70 f2.8 Lens:
🎙 Shure SM7B Microphone:
🔆 Fill Light 60W:
💡 Key Light 150W:
📽 Benro IT15 Tripod for Sony a7III camera:
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, in 2023 we contributed 56L and in 2024 we contributed 43L. 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.
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