JazzyBanana
Boring finance Gyan #2
Focus on NOT increasing your lifestyle expenses .Just focus on basic requirements
Just a stat - My current monthly expenses are 30k. By the time i retire it will be 1.3 lakh per month .
18mo ago
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DizzyLlama
Freelancer18mo
OK, could you explain why you say what you say?
JazzyBanana
Stealth18mo
Which part ?
DizzyLlama
Freelancer18mo
Not increasing your lifestyle expenses
JazzyBanana
Stealth18mo
Assuming - 5 % inflation for 30 years on ₹30 k
SquishyQuokka
Stealth18mo
Incorrect! Your expenses will be 1.3L by the time you are in late 30s
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