India's SAVINGS CRISIS: Why 95% Can't Save Money?! | Ankur Warikoo Hindi

Excited to launch IGC - a nationwide search for India's brightest young minds. India Genius Challenge (IGC) is a completely free online platform where kids between 13-15 years will compete with students across India through daily quizzes on GK, logical reasoning - with daily/weekly/monthly winners receiving books, iPads and laptops! Sign up for free on https://indiageniuschallenge.com/ If you wish to be part of the Money Matters series, please fill up this form: https://forms.gle/G3wwgpVjctRneyQv6 India's household savings rate has crashed to 5.1%. While our parents saved more as a percentage of their income, we're drowning in ₹120 trillion of debt, spending loans on consumables instead of assets. Credit card outstanding has reached ₹3 lakh crores, and nearly half of middle-class India spends 40% of their income on EMIs. I share the three definitive ways to escape this crisis and also show how, through disciplined SIP investing of just ₹10,000, stepped up by 5% annually, you can accumulate ₹8 crores in 30 years and retire with ₹60 crores while spending ₹2 lakhs monthly. #SavingsCrisis #FinancialPlan #warikoo ------------------------------------------------------------------------------------------------------------------------------ Level Up Your Skills with Coursera: Coursera Plus Subscription (Unlimited access to 7,000+ courses): https://imp.i384100.net/c/5248989/3282643/14726 Browse All Coursera Courses: https://imp.i384100.net/c/5248989/3282682/14726 My Money Apps: Indian Stock Investing (Zerodha): https://zerodha.com/open-account?c=ZMPHCY Mutual Fund Investing (Coin by Zerodha) (You will need to create a Zerodha account for it first. Coin is free): https://zerodha.com/open-account?c=ZMPHCY US Stock Investing + Investment Tracking (INDMoney): https://bit.ly/3tT5moR The above links are for products that I personally use for my own investing. If you create an account on any of these using the above links, I stand to make a referral 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. My bestselling books: 'Beyond The Syllabus': https://amzn.to/3ICkIFh 'Build an EPIC Career': https://amzn.to/4kJlOfB 'Make EPIC Money': https://amzn.to/3WHJ43F ‘Get EPIC Shit Done’: https://amzn.to/4fK1IR5 ‘Do EPIC Shit’: https://amzn.to/4fK9uuv My gear for shooting this video: 🎥 Sony a7III camera: https://amzn.to/3GtfwCJ 🎬 Sony FE 24-70 f2.8 Lens: https://amzn.to/4klYm82 📹 Sony E Mount FE 24-50mm F2.8: https://amzn.to/3I6LfKy 🎙 Shure SM7B Microphone: https://amzn.to/3Tk5Ygk 🔆 Godox Fill Light 60W: https://amzn.to/4exQvmL 💡 Godox Key Light 150W: https://amzn.to/3TQau6p 📽 Benro IT15 Tripod for Sony a7III camera: https://amzn.to/4km4ZXP 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. Let’s connect online: 🎙 My weekly podcast Woice with warikoo (Spotify): https://open.spotify.com/show/1g7wpoqydK6hszvi4DFywg 📩 My weekly newsletter warikoo Wanderings: https://ankurwarikoo.com/newsletter/ 📱 Instagram: https://instagram.com/ankurwarikoo 🐦 Twitter: https://twitter.com/warikoo 👨🏻‍💻 LinkedIn: https://www.linkedin.com/in/warikoo 😄 Facebook: https://www.facebook.com/awarikoo/ 🖋 Daily Blog: https://ankurwarikoo.com/blog/ Ankur Warikoo is an internet entrepreneur and India's leading career mentor, reaching: - 15Mn+ followers across YouTube, LinkedIn, Instagram, Twitter and Facebook - 4X Bestselling author of Do Epic Shit (2021), Get Epic Shit Done (2022) Make Epic Money (2024), and Build an Epic Career (2025) - Founder of WebVeda.com - an online school empowering young Indians, with 450,000+ career success stories and counting - A career catalyst who's been both the interviewer and interviewee, the founder and the funded, the mentor and the mentee. - Having navigated multiple career pivots (from physicist to consultant to CEO to content creator), he's now dedicated to helping you build an extraordinary career without making the same mistakes he did. Featured in Fortune Magazine's 40 under 40 List for India, Forbes Top 100 Digital Creators list, and LinkedIn India's Top Voices, he brings real-world insights from his MBA at Indian School of Business, his time as CEO of Groupon India and nearbuy.com, and his journey of building multiple successful ventures.