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?
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
Gokart
Stealth
a year ago
What’s the alternate income stream like ? What can non techies do ?
Akaza
Stealth
a year ago
How much do you make? If that's okay sharing
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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.
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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