If you receive a lump sum amount of money, should you invest it and grow your money, or should you pay off your loan and reduce your debts? Can the answer be different based on interest rate and tenure? Let’s figure out in this video! You can download this excel sheet (used in the video) and make your own calculations: https://bit.ly/3GJCcc1 Get the notes of this video here - https://bit.ly/3vc7fLE Change the way you bank with the help of Jupiter! Check it out here: https://bit.ly/WarikooJupiter Here is my video on how to invest a lump sum amount: https://www.youtube.com/watch?v=1VbNCaMS-Lw 00:00 Introduction 02:50 Loan calculation on excel sheet 09:15 Lumpsum Investing on excel sheet 18:00 Invest or pay off loan? 20:00 Conclusion #LoanRepayment #Investing #Warikoo Click here to subscribe to my YouTube channel: http://shorturl.at/bizNX ------------------------------------------------------------------------------------------------------------------------------ My bestselling books: ‘GET EPIC SHIT DONE’: https://ankurwarikoo.com/getepicshitdone ‘Do Epic Shit’: https://ankurwarikoo.com/doepicshit My gear for shooting this video: 🎥 Sony a7III camera: https://bit.ly/3M42wAV 🎬 Sony FE 24-70 f2.8 Lens: https://bit.ly/3KCCiF0 🎙️ Shure SM7B Microphone: https://bit.ly/3O1NAVA 🔆 Fill Light 60W: https://bit.ly/37aJolP 💡 Key Light 150W: https://bit.ly/3O9nyjs 📽️ Benro IT15 Tripod for Sony a7III camera: https://bit.ly/3O4PvJ1 Useful links: 20 books for your 20s: https://bit.ly/WarikooBooks 20 online courses for your 20s: https://bit.ly/WarikooOnlineCourses Gadgets that I use: https://bit.ly/WarikooGadgets 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 and in 2022 we contributed 53L. 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/