FloatingKoala
FloatingKoala

Can a family survive on Rs 20,000 per month in this era of inflation?

Yes 🙂
No🙂
462 votesexpired
10mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
WobblyUnicorn
WobblyUnicorn

You understand the majority of people in the country are in fact surviving on less than that? Thrive or live comfortably? No. But everyone is surviving

JumpyRaccoon
JumpyRaccoon
Student10mo

Depends on whether you are living in Tier 1 city or Village

PeppyBurrito
PeppyBurrito

If lving in a tier-3 city or lower, yes.

CosmicLlama
CosmicLlama

Value of money is relative. Earning 1LPM in Mumbai would mean a really tough life there but if youvare earning even 25k in a village, would mean a decently comfortable life.

The place is more important, not the amount of money.

Discover more
Curated from across
Fintech India
by BouncyDonutGrowth Manager

Can someone retire with just 50 Lakh in hand at 30.

Age 30, married, expecting to be alive till 80 50 L in cash Own house & car (no plan to sell any of them) No kids, no loans, no expectations, just basic life Nothing from family

Excel calculation is hinting yes :) But need practi...

Top comment
user

You can't have the same car for 50 more years. Your house will need pieces of renovation in the next 50 years. ...

Personal Finance
by FluffyLlamaSoftware Engineer

Investing in Mutual Funds is CRAZY

Did you know that if you start with investing 90K INR Each Month and step up your sip with 10% every 2 years, assuming 12% returns You’d have over 30CR in 2040?

Now obviously you can consider inflation but still if you take out 4% of 3...

Post image
Top comment
user

Bhai 90k salary nhi hoti 🙂 logo ki aap invest ka baat krhe

Misc
Misc22mo
by SillyPotatoTCS

CTC

How much CTC is said to be good for a person to be going to do a job in Bengaluru or other city?

Personal Finance
by MagicalHamsterProduct Manager

WTH is going on with the Expense Inflation of us all?

Back in 2013 .. i thought if I will be able to make 50k a month thats more than enough to sustain a family of 4 back in the day..

But now I see folks even earning 1lpm and struggling with finances .. they don't own a house..

Have we ...