How much are you able to save monthly roughly?
Also comment what % of expense goes where. For me since i don't have much responsibility atm im saving ~75%, 10% goes to family, remaining 15% for rent, bills, commute and daily expenses.
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What do you mean by savings? I am in TCS.
Usually means 75%+ savings since 'most' people get an opportunity in their home state --> no additional rent, food costs compared to that of before joining TCS.
Commute and misc are the additional ones.
This poll tells you why gvmt inspite of so much crying has not changed the tax slabs in the last 10 years.
Even with such high inflation, majority of the people are above to save more than 30%.
No wonder the gvmt or sensex is bothered about inflation.
The tax will never go down, only up (indirect methods of taxation)
GV is mostly high income tech bros, which you definitely can't/shouldn't use to extrapolate to a larger tax paying population
Wow, people are saving 75% ... guys, for share tips, tricks and strategies to get into that income bracket too
Strategy - Leetcode.
Doubling your monthly paycheck might be more fruitful than winning some stock market small cal lottery.
Leetcode away, fight for a higher salary, work hard and always be ready to switch in case things aren't in your favor.
Fortune favours the prepared ones.
Doing WFH, previously making 52K INR now 1 Lakh Per month before taxes
I am able to save 80 to 90%, i directly invest all 80%
Rest is
2000 for SIM, WIFI Electricity 500 Gym suppliments 4000 Gym membership 1200 Petrol 2000 Food 4000
80-90% of my salary goes into a trading account every month.
And what's the avg return 😂