How does this looks and where I can improve??
My goal is to become financially free by 40. I’m 28 right now. Investing all the savings right now in equity…
When you have a cook why do you have such high food and grocery bill ? You clubbed it with ott and misc . Better to separate out and see where your money is going.
Would like to know about the investment part which is in equity. You are selecting stocks for investing or on some one else guidance/advice, you are investing in EQ or MF also?
I'm investing mostly in nifty 50 etf, nasdaq etf, parag parik flexi cap MF and elss funds . Some amount in gold etf as well
What are those high emis?
MacBook, ipad and gadgets mostly
I feel 35k for food grocery and ott sounds higher for 1 month. Compared to what you're earning. Especially , if rent wast 18.5k relatively you are living in a cheaper area.. what is it you are doing for 35k ?
Give us a more detailed view, sort your expenses in the form of needs, wants, investments and savings. The current segregation does not give us a very clear view tbh.
Might not want to put everything into equity, can derail plans. Have some gold, fds, and fixed assets maybe?
What are the EMI’s for?
Don't get into home loan and keep investing in urself and calculated equity investments or mutual funds, u will easily get financial freedom around 40 itself
What is your monetary goal to become financially free ? Just curious, i have that goal as well.
