SqueakyUnicorn
SqueakyUnicorn
1mo
by
Student

Financial advice needed

I’m a 23M working in corporate with savings/net worth of around ₹8 lakhs.

Trying to figure out my next steps: Upgrade lifestyle a bit (moving from PG to a flat) Continue aggressive saving & investing Start a side hustle for extra income Switch jobs for better growth

My goal is to reach ₹1 crore net worth in the next 3 years. How am I doing for a 23M, and what would you prioritize in my situation?

1mo ago
SleepyBurrito
SleepyBurrito

Upgrade a bit, knowing you will go back to PG if needed.

The lesser disturbances will help focus.

Side hustle needs some oomph - a great plan, idea, or partner. Will not click on 1-2 years.

Switch when you need to, And not just for the money

PeppyPotato
PeppyPotato

Could you please refer me?

PrancingNarwhal
PrancingNarwhal

Can rent a room in a flat for sure.

On other things and how u r doing depends on your current package, savings rate and current YOE

SquishyDumpling
SquishyDumpling

Get some 🐱

SleepyBurrito
SleepyBurrito

What will you do after 1 cr. Then 2 cr? Money will come if you earn, save, invest.

When you're 40 with 6 cr, then will you still switch for money? No. So imagine you have all the money, and do what work you'd like to do then, now. (For a salary)

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