Welcome to Consulting's Private Community

Suggestion on how to spend 25k salary a month

Suggestion on how to spend 25k salary a month- Grapevine

Welcome to Personal Finance's Private Community

Monthly bills + Rent + Savings + Investment + Shopping + etc

If your salary is ₹50k pm, how would you spend it?

Software Developer

Welcome to Software Engineers's Private Community

Can someone please  suggest how and where to invest your 60K /month salary so you can accumulate enough wealth for future.

Investment Guidance

Product analyst

Im 25 single and my salary us 1.4L after taxes. Is spending 20k on rent wise? 

What should be the ideal rent i should pay from my salary

Is it okay to spend 20k on rent

Software Engineer

If your salary is ₹ 1 lakh (100k) pm, how would you spend it?

Hi everyone, I recently got a job at Accolite as a Software Engineer fresher. My salary details are below with my per month expenses. I would like to know how I can save most of it?  I would also like to know about your personal investment strategy.

CTC - 8 LPA

Retention bonus - 2 lakhs (Will be given over a period of 2 years, 50k on March 24, 50k on September 24 similarly for year 25.)

Per month salary ~ 55k.
Per month expenses ~ 25k

Fresher in tech, Need guidance on saving money.

Is there any expert here who can suggest things. I have a lot of areas of improvement. Investment, offers, banks etc. So if you're an expert in these topics please contact me or comment here.

I need a lot of help in finance.

Software Analyst

This should include everything from home bills, entertainment, medical expenses, trips etc. When I was single (back in 2016), my expenses were around 20k per month.

Now I easily go above 1L every month (without rent, we live in our own house). My wife also works and she has her expenses too.

Not sure what’s the reason for it though. We live frugally and don’t spend lavishly (atleast I don’t think we do). I barely buy anything for myself (I use 1k earphones and buy clothes from decathalon). My wife is the same.

Is this common when you get married? That your expenses permanently increase? Or is there something I should be worried about? TIA

Married folks, what’s your average monthly expenses?

20 K + 20 K in 2016 -> approx 35 K + 35 K = 70 K (assuming 7% inflation over 8 years). 
  
 Extra 30 K can be attributed to your lifestyle increase, going out more often , more food ordering , better furniture, gym, medicines, insurance premiums , vehicle purchase, and maintenance if not included etc.

Corporate Strategist

Head Of Marketing

I usually buy tab, electronic devices, some good membership( Netflix, YT premium, courses tech + non tech). Kabhi kabhi domestic ghumna bhi ho jata hai.

How do you enjoy your earnings/money?

* Moved into an upscale gated community 
  
 * Stopped taking buses and autos. Take cabs everywhere and don’t even look at the price 
  
 * Food deliveries every single day 
  
 * Can occasionally buy random luxury products for myself and family

Software Test - QA

Welcome to Fintech India's Private Community

Age 30, married, expecting to be alive till 80
50 L in cash
Own house & car (no plan to sell any of them)
No kids, no loans, no expectations, just basic life
Nothing from family

Excel calculation is hinting yes :)
But need practical advice

Can someone retire with just 50 Lakh in hand at 30.

You can't have the same car for 50 more years. 
  
 Your house will need pieces of renovation in the next 50 years. 
  
 Your body parts will start crumbling in the next 50 years.  
  
 Inflation will continue to eat your money in the next 50 years. 
  
  
 So no way you can survive with 1L per year for the two of you.

Growth Manager

Every month my salary gets credited I barely spend 20% of it the rest of it is just sitting around in my bank account it's already above 5L. I keep thinking of investing it in stocks/mf but it's a lot of work 😔 

What do you guys do with your salary, it would be great if you can share your investment strategy and how do you keep yourself motivated to stick to it

What should I do with my money

How much salary per month should be for a software engineer so that he can save plenty money.. like 60-70k.. and live banglore life in happiness..

What should be the salary for a employee if he wants to save 70k

Now a days work is never ever getting completed, we are working even after the office hours because every project is a p0 project, also managers are autocrative then a tech lead who dont have l0 knowledge but will comment on your timelines and i really doubt that with this culture in it industry i would really want to continue for long run. 
Are there some better career pivots that should be consider in mid 20s to avoid life long suffering ?

Hustle culture and toxicity

When I was in melbourne, I met a waiter in an Indian restaurant. He did his bachelor's in biotech and worked at this resto part time. Post his studies he got some job opportunity but stuck to this resto job. I asked him why? He said I get a free house and 2 meals. In 5 years I can collect enough money to go to hometown and buy 2-3 shops and m done for life. That time I was like how can a person be such? With no ambition?  
 Now I empathize after having high BP, neck pain, and many stress induced illnesses. Work on something, be really good at it and give it time. Its ok to be rich at 45, no need to have millions today. I used to think I missed the bus if I didn't make millions by 30. Now a bit wiser.

My current phone is almost 4 years old so I am in dire need of a new one, most of my friends/colleagues are buying Iphone and recommending me the same(since it has best camera + brand value) but for me spending most of my salary on a phone seems absurd....

Should I buy an Iphone from first salary

So many folks are speaking out (or bragging who knows🤷) about their monthly/yearly paychecks. Just curious, for all single folks who are receiving a hefty wad of cash every month:

1. what do your general expenses look like?
2. what do you like to spend it on the most?

Here's my monthly breakdown(jab hum employed hua karte the🥲):

rent(coliving PG)- 12k
transport- avg. 1.5k
food- avg 7k
gym & stuff- 7k
parties- 5k
misc- 2k
TOTAL- 34.5k out of 80k in-hand

Apart from the general expenses, once in a while, I'll indulge in buying a good perfume of around 5-6k. 

The 2 most costly purchases I made were a new laptop(asus vivobook)- 50k & prs electric guitar & accessories- 82k

What about you?

What do you like to spend your money on?

Product Manager

What do you think of this split ? What would you change?

Living in BLR , earn 43LPA, sharing how I spend my money

Engineering Manager

Senior Product Manager

Looking for suggestions or recommendations for investing an amount of 20k per month. 
Note: This is not my total income. This is what I have to spare and live a comfortable life. Confused about going with mutual funds or SIPs or NPS or PPF or FDs to r RDs etc.

Need Investment advice in India for 20k per month

Is ₹25k p/m salary is ok for a fresher? It is WFH so basically all my money goes to savings.

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

Suggestion on how to spend 25k salary a month

Discover More

Personal Finance on

by Blair Carmden

Good company

If your salary is ₹50k pm, how would you spend it?

Software Engineers on

by Isaiah Olive

Cognizant

Investment Guidance

Personal Finance on

by Anise Lee

Stealth

Is it okay to spend 20k on rent

Personal Finance on

by Karilyn Carmden

Good company

If your salary is ₹ 1 lakh (100k) pm, how would you spend it?

Software Engineers on

by Jordon Lee

Accolite

Fresher in tech, Need guidance on saving money.

Personal Finance on

by Blair Lee

Accenture

I need a lot of help in finance.

Personal Finance on

by Blair Carmden

Stealth

Married folks, what’s your average monthly expenses?

Software Engineers on

by Blair Hyrum

Stealth

How do you enjoy your earnings/money?

Fintech India on

by Kalan Lee

Google

Can someone retire with just 50 Lakh in hand at 30.

Personal Finance on

by Jordon Vernon

Slice

What should I do with my money

Software Engineers on

by Coy Lee

Quizizz

What should be the salary for a employee if he wants to save 70k

Misc on

by Kalan Everett

Swiggy

Hustle culture and toxicity

Personal Finance on

by Karilyn Denver

Slice

Should I buy an Iphone from first salary

Personal Finance on

by Blair Olive

Unemployed

What do you like to spend your money on?

Bangalore on

by Aaron Olive

Zepto

Living in BLR , earn 43LPA, sharing how I spend my money

Personal Finance on

by Kalan Lee

Stealth

Need Investment advice in India for 20k per month

Software Engineers on

by Anise Dean

Student

Is ₹25k p/m salary is ok for a fresher? It is WFH so basically all my money goes to savings.

Bangalore on

by Matilda Lee

Swiggy

How much do you save per month?