How much do you save per month?
What is the biggest expense, how much do you save and how much do you invest
27. 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.
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Karilyn Carmden
Stealth
a year ago
Wtf everyone here 2l+ pm 🥵🔥
Jordon Gabriel
Stealth
a year ago
This thread is making me sad AF boi!
Kendall Carmden
Stealth
a year ago
Closed this app, cursed my life, punched the wall, came back watched reels back again
Matilda Taye
Stealth
a year ago
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.
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
Man thanks for such details, are you happy/sad with this where do you want to improve on same salary?
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.
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