What's your biggest financial goal for 2025?

What are your net worth targets and goals by age? Here's mine: 25: 10L ✅ 30: 50L ✅ 35: 1.5 Cr 🟡 40: 3 Cr 🟡

Batao

Hi folks, We, as a family of two, roughly save 50-60% of our salaries every month. Amongst the savings, 95% goes to equity mutual funds (index). We don’t have any other hard asset and stay on rent in a tier 1 Indian city hardly without any EMI and planning to expand the family soon. I was wondering, 1. how are we doing in terms of personal finance, and, 2. what are the typical savings rate and equity (or other asset) investment allocation rate for others?

Preface: I'm single and not looking to get married. I work at Blr but plan to retire in Hyd. Only want to achieve FI not looking to RE. I currently earn ~40 L (Non-engineering role). So, here is the breakdown of what I have accumulated thus far - Mutual funds - 25 lakhs (Invested 20) Stocks (blue chip) - 8 lakhs (invested 5) FDs - 20 lakhs ELSS- 10L House on EMI - Gonna cost me ~3Cr in next ~10 years. (My father is paying some and the flat is in a joint name) Long term Monthly Expenses: - Entertainment, subscriptions, internet: 5k - Misc: 20k - Groceries & other things house: 20k - Food & Wine: 20k - Gifts and Support to family: 30k Net FI goal: the 3 Cr house and 3 Cr in savings. I plan to achieve FI in the next 10ish years. And for anyone new to investing, please start EARLY. Do a strong SIP if you don't understand anything else yet.

What are you earning for ? Is it concrete or something vague that one day you will need this amount or something? Is it more than you or your family needs? Or are you just a sheep like me ?

Just want to know what your current net worth is (including house, -debt) and what is your target saving for you to not earn anymore? e.g. 2.25 lacs in hand means 3.3 lacs per month/40lacs per annum before tax, implying at a 4% withdrawal rate, you need 10 crores of savings.

I am 30M with 2 cr in savings (across portfolio, no RE, all liquid) If I keep up with this rate I will hit 8cr (~1M USD) by 2027. I am living with my parents, married, no kids yet. Want to move out. Should I buy a house (purely consumption) now or should I wait 4-5 more years get more savings (hit my 8cr target) and buy then? If so, I would be renting out for the next 4 years and assume I would also have a kid by then. What are you thoughts? Also buying city would be Chandigarh Tricity ( keen on Panchukula) If any of the folks here have knowledge about the property rate there that would be great.

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?

what is money to you ? do you have a few goals you want to achieve with money or don't know what to do ? are you investing or is it just rotting away in the bank ? are you controlling your money or is it the other way around? do you get stressed about expenses or are you chill about it ? do you see expenses as investments ? are you attached to the amount of money you have ? do you easily give money if someone needs a few lakhs and asks for it ? you got the idea I guess, basically what's your relationship with money?

Hello folks. While I'd like to remain anonymous very much, here's what I can share about myself. 1. Working in consumer finance. 2. Love personal finance and helping people out with it. 3. Have published 10,000+ pieces of financial content in the mainstream media. 4. Wrote a best-selling book on money management. It was No. 1 on Amazon once upon a time. 5. Lately been appearing on TV regularly for personal finance discussions. 6. Saved like crazy through my 20s and 30s, brought two apartments; have an 8-figure net worth mostly thanks to my mutual fund investments. It's not much but it's hard-earned. 7. My unrealised aspiration is travel and I'm working on it now. No, I'm not selling anything. No commissions, no referral links, no finfluencing. Just want to talk, exchange ideas, and learn from you all. Maybe I'll feature you in my next book. :) Ask me anything.