Welcome to Banking & Finance's Private Community

Wrkg in a bank since donkey years looks like stuck age (40-45) any advice

Branch Manager

Wrkg in a bank since donkey years looks like stuck age (40-45) any advice- Grapevine

Welcome to Indian Startups's Private Community

26Yrs of Age. 24L fixed + 1L Variable + 30L ESOPs
5yrs Exp
Domain: Data
Looking to get married soon. 
Need advice if I should hunt for another job or continue here, looking at the current market. 
(Avg work quality but lovely WLB)

Looking for Advice

Business Analyst

Welcome to Business Roles's Private Community

I graduated from an old IIM where I wanted to work in the finance domain. But I am stuck in an IT job where I am not even using my teachings of MBA and it is a job equivalent to a BTech Grad (Oracle EPM). For this reason I thought of opting for Bank SO. Planning to do it for 3-4 years which will set my career in core finance and help me switch to a different and strong finance job in future. But I am having doubts as it will be tough to handle my education loan. Where I would be earning half what I am getting here in my post IIM job. (Will be getting 60k pm in my SO whereas I am earning 1.2L pm currently in a toxic environment and in a state where I don't understand the language)

Is it good enough to opt for a Bank SO after IIM?

Finance Consultant

Welcome to Personal Finance's Private Community

By plan, I mean 
- After what networth you want to FIRE?
- By what age you think you’ll achieve that Networth?
- How are you going to build that networth?
- What are you going to do after you FIRE?

Those who want to FIRE, what’s your plan?

10 crore 
 - current 7 crore  
 - will reach there in 1 year  
 - currently 37 yo and 1 kid  
 - will focus on teaching, coaching and freelance consulting

Growth Manager

Founder

Welcome to Office Gossip's Private Community

Reality of market value for people in 40s and 50s: most people find themselves replaceable, their market value drops and difficult to switch career. Thoughts/comments?

Silent Desperation! Working in 40s and 50s

Product Manager

To be very honest I feel very frustrated looking at the situation right now. Companies are laying off without worrying about the employees. It's just corporate profits everywhere.

I am scared to death that my career won't last long than 20 years because the moment these folks think you are becoming a financial burden on them, they'll lay you off.

I don't want to live my life in a constant war mode. The Indian education system has bruised my personality for a long time. I want to relax but looking at this battlefield I can never.

My weekends are spent worrying about planning for finances in case I get laid off. I am worried I won't be able to buy a house.

This shit is depressing me very much. Other folks please tell me how are you navigating this mess?

Soulless Corporations

Mandatory : keep on up skilling 
 Optional :  go outside India or move to operational roles(as it doesn't need creativity bone)  
  
 In your 30's you shouldn't explore stuff, stick with one domain(example : digital marketer) be the SME. In 40s you'll have 10+ years experience of a domain, and you're part of that domains evolution  
  
 No one wil have the know how you gained in 10 years

Program Manager

Software Engineer

Have been on my first job for over 8 years now. Joined as an associate, changed various roles and made progress to become a PM. Happy with my job and importantly, I've been learning new things everyday and have a great leader.
But constantly, at the back of my mind, i have a thought, will i become irrelevant one day? Is it bad to stay at the same company for too long (or forever)? What are the pros of changing the job? What are cons of sticking back?
Any input, is much appreciated!

How long should one work at the same company?

Welcome to IT Company Discussion's Private Community

Planning out finances, hence this question. Also, we are the first generation (in most families) to retire from this sector. What is the age of the most senior employee you know in software. Hardly only 10% make it to the board/senior levels. How about the rest? And can we really take on this kind of stress and work after our 40s and compete with the younger generation?

What is the typical retirement age in the software industry?

Consultant

Hi guys,I wanted to know what financial mistakes or right things that you did at 24 yr.Which changed your perspective to see the life.And as a 24-year-old software engineer what should I focus on my next 5 years both personally and financially ?

What will you give an advice to 24yr old me

Tired of working disgustingly pressurising deadlines and work that's never ending. Any idea where the work life is better than tech startups?

How do I get a chill job in India?

Just get a product management job. You can simply mooch on after that. Not just chill

Founding Engineer

1. Real estate (invested value)
2. Liquid cash
3. Other Investments (invested value)

The wealth should not be inherited.

I'm 30. No house, 10L in cash and 5L in mutual funds. No inherited weath.

How much wealth have you created yourself?

Seeing the comment section,I realise I am broke.

Frontend Engineer

Software Developer

Welcome to Data Scientists's Private Community

Hello everyone, 
I was recently fired from Deloitte in a recent layoff. I have 1.6 months of experience as a data analyst. Can you guys please help me by suggesting company names that can pay around 10-12 lpa at this experience so that I can Target such companies for jobs. 
Thanks in advance for helping 🙂

Data Analyst Salary

Data Analyst

Hello community, 

Need help in the decision-making of the money that I have in my bank.
Currently, I have around 13lakhs in my bank account. I dont know what to do with that money. I dont feel safe in stocks and dont know any other options where to invest money.
Help would be genuinely appreciated 🙏.  Thank you

Age - 24.

Investment help

The FAANG and unicorn employee salaries for even 2-7 YOE engineers is quite insane compared to the average Indian employee pay in other sectors of the economy.

The average SDE2 at these companies makes 50+ lakhs per year in compensation (not “CTC” but real money) The average SDE3 makes 80+ lakhs which is frankly insane.

What are you guys doing with all that money?

FAANG & unicorn folks, what do you do with all that money?

Giving 34.2% directly and 18-28% indirectly to gormint. My biggest expenses by a country mile.

Security Engineer

Analyst

Welcome to Product Managers's Private Community

Hey, so to introduce myself. I recently graduated from a new IIM and got into a product manager role at a bank where I have the responsibility of launching a new product. I always thought that I would end up in a sales role and did my internship as a market research intern as well. Now, I have no idea how to proceed with my current role. I have no tech background with a bachelor's in science and MBA in marketing & strategy. 

Would like to know if I should stay in this role(tbh I like the tasks) or should I change to sales because a fresher with no tech background would always be at a disadvantage 
And if I choose to stay, how do I go on from here? What skills/certifications/steps should I take. 

Any help is appreciated. Thanks in advance!

Advice/Mentorship

I have worked as operations manager in bpo and also working for big financial firm now. What are some tips to advance career after stagnation l. 

YOE-15

Any genuine advice?

Project Manager

Welcome to Software Engineers's Private Community

City - Bangalore, both Software Engineers

My salary - 48LPA
Wife’s salary - 30LPA

In hand salary both - 4L per month
Yearly bonus - 8L

Monthly expense - 1L
Rent - 35k
Car EMI - 16k
Other expense - 50k

Investments -
Monthly SIP - 1L
Stocks - 50k

Remaining 1.5L saved in account for big investments and emergency 

Current assets and portfolio -
MF and stock - 20L
PF - 15L
Land value - 1.3Cr
Flat - 1.6Cr

Term insurance - 3 Cr
Health insurance - 10L

How am I doing financially and what can I improve?

Me reading it with 20k in savings account😅🤣

Tech Lead

What u think about my Master plan? 
I'm 26 yrs old saved 9 Lac, no much responsibility. 
Planning to put that 7 lack in post office senior citizen scheme, which pays 8.2% intrest. Get that amount quarterly and invest in nifty bees for next 4 yr? Is this dumb or worth it?

Is this a dumb idea?

UX/UI Designer

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.

Hey, I am 45 years old and working in IT. I have a stock portfolio of around 3 cr and other investments in ppf, fd etc of 1 cr. I have a loan free car and house in tier 2 city.

 I am planning to retire. Is my savings good enough for retirement

Can I retire

Okay, this post is not for any comparison but genuinely want to get insight on where do i stand in terms of saving among the corporate employees. 
I will go first. 
Age :28
NW : 65L

What's your net worth?

5.75 crore including flat . Not including car or jewellery. No loans or emis or debt of any kind . Age 41

Wrkg in a bank since donkey years looks like stuck age (40-45) any advice

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