Get the app
Bangalore
Bangalore
on
SnoozyCupcake
SnoozyCupcake
Swiggy

How much do you save per month?

What is the biggest expense, how much do you save and how much do you invest

22mo ago
Jobs
One interview, 1000+ job opportunities
Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑
+322 new users this month
WobblyNoodle
WobblyNoodle
InMobi22mo

Save around 90% of my salary. Biggest expense is rent (25k).

SnoozyCupcake
SnoozyCupcake
Swiggy22mo

How old are you, how are you able to ?

WobblyNoodle
WobblyNoodle
InMobi22mo
  1. Have 5 yoe.

In hand ~ 3.5 lpm Rent - 25k Cook & maid - 3k in total. (stay with friends so it gets split) Petrol/bike maintenance - 2k Miscellaneous/weekends - 10k

Apart from this I don't do any impulsive buying or any unnecessary splurging. Don't have any loans currently but planning to buy a house soon.

Invest 80k in SIP monthly and 40k in stocks.

Then from time to time, I invest some money in assets like Corporate bonds, SGBs, Real estate, FDs which is low risk but would generate me a decent passive income.

Remaining money is in my bank sweep in account to give better interest as compared to normal savings account.

SparklyNugget
SparklyNugget
Amazon22mo

I hardly save 150/-. Living paycheck to paycheck

SnoozyCupcake
SnoozyCupcake
Swiggy22mo

How come what’s the expense breakup

SparklyNugget
SparklyNugget
Amazon22mo

Inhand:- 2.1L Home EMI: ~1L Education Loan EMI: ~15K Daily & Home Essentials : ~25K Investment: ~40K Sending home to parents:- 30K

SillyKoala
SillyKoala
Stealth22mo

Wtf everyone here 2l+ pm 🥵🔥

SillyBiscuit
SillyBiscuit
Stealth22mo

This thread is making me sad AF boi!

SillyKoala
SillyKoala
Stealth22mo

Closed this app, cursed my life, punched the wall, came back watched reels back again

DerpyBurrito
DerpyBurrito
Stealth22mo

1.6 In hand, Save around 1.4 Lakhs per month. No Debt. Living with parents so the expense are mostly fuel for car and bike, eating out and subscriptions.

MagicalHamster
MagicalHamster
Stripe22mo

Username doesn't checks out 😂

SwirlyPickle
SwirlyPickle
Google22mo

Role and YOE?

PrancingPotato
PrancingPotato
Stealth22mo

In-hand: ~3.5L Rent - 50k Maid - 8k Parents - 80k Car EMI - 15k Grocery - 20k Swiggy (incl Dineout) - 25k Petrol - 12k Utilities/ bills - 10k Annualised expenses - 45k Total: 2.65 Saving: ~80k (mostly FDs, sometimes mutual funds)

Break-up of annualised expenses: Car servicing - 15k Holiday - 1.5L Electronics/ gadgets - 2L Clothes/ shopping - 50k Home decor - 50k Insurance premiums - 35k

SnoozyCupcake
SnoozyCupcake
Swiggy22mo

Man thanks for such details, are you happy/sad with this where do you want to improve on same salary?

PrancingPotato
PrancingPotato
Stealth22mo

Some Background: Dinks. PM w/ 8+ yrs exp in one of the 🦄.

Savings mostly in FDs right now to re-build emergency fund. Corpus exhausted recently due to brothers wedding.

ZestyQuokka
ZestyQuokka
Hinge22mo

This month, I spent complete salary. 😭

SnoozyCupcake
SnoozyCupcake
Swiggy22mo

What do you spend on, could you tell breakup

ZestyQuokka
ZestyQuokka
Hinge22mo

Travelled a lot in August and September so huge credit cards bills Then Advance tax Then car insurance
Then impulsive purchases

ZoomyTaco
ZoomyTaco
American Express22mo

Income - 50k expenses - 15-20k saving - 30-35k

TwirlyCoconut
TwirlyCoconut
Meesho22mo

27, 5 yrs of experience

In hand ~ 3.1 lpm Rent - 17k House loan emi - 30 k Cook and maid - 3.5 k Maintenance and utilities - 10k (rental house + my parents home) Groceries - 10 k Misc + weekend - 30k

50 k Sip in MFs and 50k in stocks and rest I keep in saving account and periodically save in some debt instruments like FD on my mother's/ brother's name to avoid extra tax liability

SillyDonut
SillyDonut
TCS22mo

Stealth means which firm?

PerkyWaffle
PerkyWaffle
JP Morgan22mo

I also have same questions everytime

SnoozyCupcake
SnoozyCupcake
Swiggy22mo

I will go, I am able to save ~40%, invest half of that rest remain in savings. Rent takes a big chunk. Is this okay?

ZippyMochi
ZippyMochi
Stealth22mo

Better than most. Keep saving and investing.

GigglyQuokka
GigglyQuokka
Kissht22mo

2.1 L pm 1.4 Investing.
Spend: 50 pm

SnoozyCupcake
SnoozyCupcake
Swiggy22mo

Where do you invest?

GigglyQuokka
GigglyQuokka
Kissht22mo

Mostly MFs, Of the amount I'm investing: 40% large and mid cap funds 25% Indian index 25% USA index funds 10% crypto (I know crypto shouldn't be lumped under investing but I keep the value small just to have some exposure to it.)

Discover more
Curated from across