Neeraj Arora and Ankur Warikoo are two of the top finance creators in the country. Neeraj Sir is a chartered accountant who teaches taxation, auditing, and strategic management. He has over five YouTube channels with over a million subscribers collectively. Ankur is an entrepreneur, content creator, online educator, co-founder, and former CEO of Nearbuy.
In this episode, Vinamre and the panel talked about:
- How youtubers are exploiting their audience by promoting betting apps, the mathematics of emergency funds
- Law of Attraction vs. Law of Discipline, the idea of lifestyle designing
- Responsibilities of parents, why following hustle culture is not healthy
- Importance of life and health insurance, and their journey to becoming millionaires
Watch this episode to improve your finances, especially if you are young and between the ages of 18-24.
Timestamps:
00:00 - Introduction
1:12 - Start your trading journey today
3:20 - How Ankur changed his financial condition
9:56 - How much money do you need to live life
13:40 - Law of Attraction vs Law of Discipline
20:04 - Beliefs that keep people in poverty
28:40 - Importance of mutual funds and Nifty 50 stocks
32:50 - Mathematics of emergency funds
38:16 - Normalization of betting apps in India
40:30 - Morality and responsibilities of YouTubers
45:34 - Success of individual vs. company
50:58 - Lifestyle design, advice for 18-24 year olds
1:01:04 - Hustle culture is ruining lifestyles
1:05:07 - Why the role of parents is important now
1:12:06 - Switch from cash to digital payments
1:19:27 - Credit card tips and hacks
1:22:53 - Relationship with money and living life
1:29:27 - Conclusion
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