Financial Summary
Monthly salary: 8.4 - 8.6 L
Monthly Investments: 7.25L
Gold: 2.5L(For wedding)
MF: 2L PPFAS(1.2L), Kotak emerging(60k) and Nippon Small cap(20k)
Global ETF: S&P500 VOO(50k)
Indian ETF: Niftybees(75k)
FD: 1.5L at 8.75%
Expenses: 20-30k (grocery, entertainment, Gym, Food)
Debt: 20k(6 mo EMI on electric scooter)
Tax: 75k/m
Goal:
Wedding: 40L(25L gold and 15L expenses) (1 year)
Vacation: 10L (1 year)
Car: 20L (1 year)
House: 2Cr(5 year)
We can't buy common sense with money 😂. Bro consultant to a financial advisor if you are really earning this much.
Appreciate the concern. Not everyone can relate to the problem of optimizing 95% savings rate on a high income portfolio. Hope you get to experience that dilemma someday.
I already have. I might be earning half of you but consulting with professional for yield optimization. Any way i am more curious about tax which you mentioned. Do you mean it is income tax? If yes how come only 75k on 8L salary
bhai L ya wo K h, ek baar confirm kr… TCS ka full form Tata krke hi h na ?
I changed my job long ago.
City - Bangalore, both Software Engineers
My salary - 48LPA Wife’s salary - 30LPA
In hand salary both - 4L per month Yearly bonus - 8L
Monthly expense - 1L Rent - 35k Car EMI - 16k Other expense - 50k
Investments - Monthly SIP - 1L S...
This is utopia. You have achieved the peak mode. Enjoy life, go on international trips every quarter. Play a lot of s...
What is the biggest expense, how much do you save and how much do you invest
Wtf everyone here 2l+ pm 🥵🔥
Save around 90% of my salary. Biggest expense is rent (25k).
Income - 50k expenses - 15-20k saving - 30-35k
Age - 33 YOE - ~ 10 years in Marketing
Zero exposure to US stocks. Zero exposure to Crypto. Have a house (~45 lacs) for parents in a Tier 2 city which I haven’t added here. No liabilities (finished an education loan and a home loan)
...
@CanineKettle61 almost 2cr.. I hope by saving u mean the amount u can liquidate right away.
50 lakhs in MF 10 Lakh FD 4L Stocks 3-4 L ulip life insurance SIP monthly of 1 lakh on going Trying to ...
