Living on 1.1 Crores with Safe Jobs in India | Fix your Finance Ep. 41



Fill in to get featured: https://forms.gle/av6RLcaZCnTMMv3y8 Hey guys welcome to another episode of fix your finance. In today’s …

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42 thoughts on “Living on 1.1 Crores with Safe Jobs in India | Fix your Finance Ep. 41”

  1. cars are the worst investment in india. in india you get best roi with people, you can get all the staff to pamper you. instead of spending 50k pm EMI on car i will buy a 20L SUV and use rest of the money for a chauffer to relieve of traffic headaches. then spend another 10k per month to get a personal trainer for family and another 10k per month for a luxury health club.

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  2. @Anshuman – to answer the question on Maintenance for cars upward of 50 lacs, they need to account for the following.
    Insurance – 60 to 80k PA
    Annual service – 20 to 30k PA
    Incidentals / Misc exp – 12 to 15k PA
    Tyre swap every 2 to 3 years depending on ones driving habits and KMS they cover – say 60k INR for a set of 4.

    (Mostly applicable for Euro/ German Cars)

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  3. Can someone explain how a 1.1 Cr Gross salary translates to 4.5 Lakhs p.m. in -hand .. is the balance of 50 lakhs goes to taxes, and PF only or is there something else ? what is the breakup of that 50 lakhs . curious to know, as it is a big chunk (~45%) of Gross salary.

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  4. Okay this was a great episode but i still feel like a couple who is earning over a crore and they still have to think about buying a car is just unimaginable to me… now for the pikachus who will shout “its a depreciating asset” “not a viable option”

    He did mention he loves driving and after working for around 10 years and earning around a crore and you still have to think about buying a good car is absurd…. Yes he can wait for next 6 years or 10 years and buy a luxury car but really i never want someone who loves driving/Cars to drive a beamer or even Lamborghini at 50 years age….

    Save money people but also understand live for yourself first

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  5. Mr Anshuman,
    You call urself an expert….
    But in ur show you showcase episodes of affluent and financially wealthy people

    If u really think u r a financial expert consider hosting shows of middle income group people like those who earn 15-40k salaries per month

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  6. Awesome Video. Anshumannor his team please tell me how to call you to meet us at our house to discuss finance.. m a great fan of yours..

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  7. I have 1.7 Cr in bank in FDs. But I don't own a house or a car, I live on rent and use public transportation. I am 40 years old and no wife and no kids. I also have a pension which is guaranteed to give me 1.5 lakhs per month once I turn 62. My question is what should I do with my 1.7 Cr.

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  8. @Anshuman:

    I am seeing cases where folks are rotating credit cards with life style demands and not able to come out of the trap. Please do a video on how folks can come out of such instances.

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