Even if you are laid off you are not worried about anything. Nothing changes in your life

Principal Engineer

Neither of those is possible without money

Software Developer

Software Engineer

Fav car,peaceful house and no chaos at all

Minimal basic definition - 
 If you aren't living pay check to pay check

Consultant

Welcome to Personal Finance's Private Community

How do you define "financially stable"?

Founder

How do you define "financially stable"?- Grapevine

Getting taste of money early in life shapes career very differently. Opinion?

Depends person to person and how much money really. 
  
 In my case, when I used to earn meagre decent(say top 10% of country salary), I used to save a lot, never spend anywhere unless absolutely needed etc. But, once I started earning top 2-4% and living in Bangalore within 1.6yrs of my career, I became too engrossed in chasing money and spending on luxury. For me, I believe, too much money especially when I didn't think I deserved it, made me into someone who didn't focus on his skills and became complacent.  
   I am trying to fix that now 
  
 My learning - Never focus on money initially, always upskill, always earn what you are worth and work towards increasing your worth! 
 At the same time, know your roots, be grounded and work on building effective relationships(realised that this is what makes me truly happy)

I personally see it as game changer in how invest in FDs.

Any comments or thoughts or guidance would be highly appreciated.

Is Stable money a stable choice ?

Welcome to IT Company Discussion's Private Community

I'm thinking that I haven't utilised my full potential and left behind from folks around me . 
Right now I'm 27 and earning 22LPA as an SDE. 
I'm constantly worried how can I earn better or make some skills which can bring some money too as IT industry is not stable. 
So what could be best for me to do : 
My strong point is if I focus on one thing I can put more efforts into that work. 

The options that I could think: 

1. Work on my tech skills and get into High paying IT job .
2. Pick one Govt exam and get any govt job . I'm thinking of SEBI grade A exam .
3. Pick up any skills like video editing start freelancing.
4.Prepare for MBA that might help me in longer run in corporate . 


Guys can you suggest which one area should I select and why . As if I focus on more than one I won't be able to fullfill any.

Want to level up career and finances

Welcome to Indian Startups's Private Community

Was reading the Steve Jobs book recently and realized he probably wasn't the easiest to work with / definitely did not create a great culture around him, especially in the early Apple years.

Remembered the movie on blackberry that I saw couple weeks ago and how it was this crazy, hard-ass ceo took charge and actually turned the company around, otherwise Blackberry would be nowhere in our memories today.

Do you think this is what is actually needed to build successful companies early on - and employee wellbeing and culture are things to be solved for later in the journey of a company?

Does a founder need to be abrasive / put company needs over employee needs for a startup to succeed?

Growth And Strategy

At what point is a company no longer called a startup? What factor decides this? Is it :

• Valuation
• Years active
• No of users
• No of employees
• Culture? ( general lack of bureaucracy, etc )

Or is it something else? For each trait above, several exceptions come to mind.

When does a startup stop being a startup?

Hi all awesome people, I have been investing for 7 years now, since I started my job and below is the break down of my current SIPs:

Category	Fund	Amount
Small cap	Nippon India Small Cap Fund	15000
ELSS	Quant Tax Plan	7000
Flexi cap	Parag Parikh Flexi Cap Fund	20000
Index	ICICI Prudential Nifty Next 50 Index Fund	4000
Index	Nippon India Nifty Midcap 150 Index Fund	3000
Index	Nippon India ETF Nifty 50 BeES: Stock SIP	20000
Large & Mid cap	Mirae Asset Emerging Bluechip Fund	11000
Multi cap	Quant Active Fund	5000
Sector: Energy	DSP Natural Resources & New Energy Fund	5000
Sector: Energy	Tata Resources & Energy Fund	5000
Sector: Energy	Nippon India Power & Infra Fund	5000
Global	ICICI Prudential US Bluechip Equity	5000
Global	Navi NASDAQ 100 Fund of Fund	3000
Global	VOO-Vanguard S&P 500 ETF: Stock SIP	5000
Global	VWO-Vanguard FTSE Emerging Markets ETF: Stock SIP	5000
Sector: Precious Metal	Nippon India Gold Savings Fund	3000
Sector: Precious Metal	Aditya Birla Sun Life Silver ETF	4000
Sector: Tech	ICICI Prudential Technology Fund	5000
Value	ICICI Prudential Value Discovery Fund Growth	8000
Total		138000

I had alot of diversification and had multiple active SIPs in same categories, I tried cutting them down based on some analysis. I have few questions:

1. Am I over diversified? I have mostly 1 active SIP now in each sector.

2. Few of categories like multi cap have negligible allocation, should I remove them or allocate more?

3. I am betting heavy on energy please help me decide 1 fund from above 3.

4. I have stopped SIP in a bunch of funds but DID NOT sell them. How do I rebalance existing funds, do I sell and rebuy and pay the tax and load or just keep it?

I have other investments like emergency fund FD, liquid cash, gold and real estate. My only goal from MF is wealth creation and can with highly aggressive investment profile.

Thanks in advance people.

Help gauge my portfolio

So stable money is just another fintech platform where basically you can do FD from various banks and corporates.

This concept isn't new, other apps and websites offer the same as well.

Weirdly, everyone is posting about it on LinkedIn & Twitter. I can see that stable money is giving merch to them but are these people getting merch just to post a positive review? Anyone has insider news?

Why everyone is posting about "Stable Money" ?

Product Manager

Maintaining track of investments, bank accounts/deposits, PPFs, trading, debentures, mutual funds, insurances/ULIPs, N number of form 16s, IT returns, then home loan/personal loan/car loan accounts, credit card accounts, paying bills, remembering usernames & passwords of each online account, nomination updated or not, meeting KYC requirements….phew!

How do you manage your financials? Do you even know your financial worth? 

(I work in the field of software engineering)

How do you know your financial worth?

Software Architect

Anyone here! how did you build your financial habits of saving and not using multiple credit facilities. In today's world, due to multiple offerings by companies, it becomes very enticing to take up credit for phones, travels, business. How do we not fall into this trap, before ending up into a debt trap?

trapp

Customer Success

At what stage can a startup be considered as secure?

Secure Startup-Stage

Program Manager

Welcome to Office Gossip's Private Community

What would make your life happy/happier at this point?

A billionaire sugar daddy who gives me free reign in his credit card

Lawyer

Data engineer

Welcome to Fintech India's Private Community

How to be Finacially free with 17k salary  🤣

Does this affect the stable money value prop.? Because as mentioned in the post fixerra is bringing in multiple FD issuers and providing infrastructure to build. Would that lower the entry barrier for building B2C product in FD segment as any fintech can expand horizontally in this segment by integrating with them.

Or stable money themselves are using these types of tools as an enabler? Just wanted to understand if I'm thinking this right?

Does this affects stable money or is this an enabler?

Product analyst

Imagine this : You are in your 30s

You have your own home fully furnished, nothing too fancy but big enough to give a separate room for each family member

You have a family car.. Not a luxury one, just a normal mid sized SUV

U have no loans, no emi, no obligations

You don't make a crazy amount but have some job security making early 6 figures a month.. 

Question : Are you happy? 
What else would you buy, what else would you aim for?
What are the other necessities.. We all know there's no limit to wanting more.. If u don't want to upgrade to luxury version of stuff u have what else do u need in life?

POV: You unlocked middle class 🔒

Team Lead

Have been an entrepreneur since college days. Went full time on same idea and worked on it for a good 4 years full time before starting something new, raising some money, later pivoting (fucked up here) and eventually shutting shop last year. 

Life has been tough since then since there is no clarity on what to spend next 2-5 years on - acquisition offer falling apart, tried looking for jobs but didn't finalise and later did a bit of consulting (good pay but didn't really work out).

I now have a few good conversations going on right now - leading product & EIR/Founders Office. What do you suggest would be an ideal thing to do? 

Profile - Solid Generalist. Non tech. Money ain't really an issue right now but can't stay dependent on savings for so long - its stupid.

PS - If you or someone you know is hiring, please reach out. Happy exploring ideas as well.

2 time ex-founder / 6+ years of entrepreneurial experience

Hi folks!
I'm planning to get married in over a year from now. I don't want to touch my portfolio for this and hence starting a wedding fund where I'd pause my investment for a year and route the money into this fund.
Suggest an instrument class where I should park this money. It'd be roughly 70k/ month.

Also would love to know how did you finance your wedding? Any tips?

Where to park wedding fund

Associate Product Manager

Help your brothers

I'm in late 20's now. 
  
 To my bro's in their early 20's: 
  
 "Please priorities your fitness. Aim to establish a routine and get into a shape you yourself are comfortable with and proud of."

Security Analyst

How are you managing your finances?

Hi, recently we had a baby girl 👶 and are ovet the moon and enjoying our early parenthood. 

I have noticed that we have been *a lot* of money on things (toys, dresses, accessories etc..) ~1lakh till now.. 20k for clothes, other accessories ~70k (crib, car seat, stroller, dining chair, baby carrier, breast pumps etc etc..) during these initial days.. 

All products in baby category are super __expensive__ (talk about muslin clothes) and kids quickly outgrow them, making them irrelevant (our daughter is just 20days old and whatever the rompers we got for newborn is already to tight for her). 

How do you convince your wife that something is too expensive and not worth to buy? Whenever I have given hints on this, she mentions that you spend money on this and that and we shouldn't "kanjoos" when it comes to baby👶.. My wife is not ready to buy second hand items or use items from relatives (at least things like accessories not clothes). 

I can easily afford all this (>1cr CTC), but when do I start things about spending excessively?

How do you define "financially stable"?

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