CosmicPretzel
CosmicPretzel
34mo

People making >50L+, what do you do with your money?

Do you save all of it? What are your future plans for the money you end up saving?

34mo ago
PeppyPanda
PeppyPanda

I pay a third of it to the government as tax

Of the rest, 40% to savings and 40% to lifestyle, health, rent and gadgets and 20% to building an alternate income stream

I am 30 now and I plan to work in the corporate for another 5-7 years, save enough to get out of this rat race

JumpyPretzel
JumpyPretzel
34mo

What’s the alternate income stream like ? What can non techies do ?

SillyBanana
SillyBanana

How much do you make? If that's okay sharing

WobblyNoodle
WobblyNoodle
34mo

I save around 70% of my salary abd invest it in stocks/MFs or other investment options.

With remaining 30%, half goes into rent + utility. Other half in trips, shopping, outing, gifts for parents etc.

SquishyBanana
SquishyBanana

How do you make so much in corporate?

PeppyPanda
PeppyPanda

By working hard and delivering results 😂

SquishyBanana
SquishyBanana

What's your job role?

DerpyCoconut
DerpyCoconut
34mo

Its a split in 2 parts. Almost 70% is put into long term savings which is into equity & debt for events that will happen in future, buying house, retirement etc Remaining 30% is on daily expenses, personal lifestyle, education, travelling, shopping etc

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