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Ankur Warikoo shares 3 money rules he follows for his retired parents

Times of India Nov 07, 2026 at 08:04 AM IST
Ankur Warikoo shares 3 money rules he follows...

AI summary

Entrepreneur Ankur Warikoo outlines three financial rules for his retired parents: sponsoring travel, providing a fixed monthly allowance, and replacing their phones every two years. He emphasizes that these measures grant them independence and freedom to enjoy their resources without needing to justify expenses.

Key takeaways

  • Warikoo sponsors his parents' travel expenses to allow them freedom in choosing destinations and companions.
  • A fixed monthly amount is transferred to his parents' accounts to give them independent spending control.
  • He replaces their phones every two years without revealing the actual cost to prevent hesitation.
  • The strategy prioritizes giving parents the freedom to enjoy money rather than just providing it.
Read the original at Times of India

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