SnoozyCupcake
SnoozyCupcake

How much do you save per month?

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

15mo ago
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WobblyNoodle
WobblyNoodle
InMobi15mo

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

SnoozyCupcake
SnoozyCupcake
Swiggy15mo

How old are you, how are you able to ?

WobblyNoodle
WobblyNoodle
InMobi15mo
  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
Amazon15mo

I hardly save 150/-. Living paycheck to paycheck

SnoozyCupcake
SnoozyCupcake
Swiggy15mo

How come what’s the expense breakup

SparklyNugget
SparklyNugget
Amazon15mo

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

SillyKoala
SillyKoala

Wtf everyone here 2l+ pm 🥵🔥

SillyBiscuit
SillyBiscuit

This thread is making me sad AF boi!

SillyKoala
SillyKoala

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

DerpyBurrito
DerpyBurrito

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

Username doesn't checks out 😂

SwirlyPickle
SwirlyPickle
Google15mo

Role and YOE?

PrancingPotato
PrancingPotato

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
Swiggy15mo

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

PrancingPotato
PrancingPotato

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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