The Economic Times

'Financial debt, collectors at our doorstep': Ankur Warikoo recalls his family's financial crisis and the powerful money lesson it taught him

Ankur Warikoo recalled how his familys financial crisis began after his father lost his job and was robbed of Rs 10,000. With debt mounting and collectors at their doorstep, government compensation for their destroyed Kashmir home eventually provided relief. The experience changed Warikoos perspective on money, teaching him that its purpose is stability and freedom, not happiness or status.