JazzyBanana
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
DizzyLlama

OK, could you explain why you say what you say?

JazzyBanana
JazzyBanana

Which part ?

DizzyLlama
DizzyLlama

Not increasing your lifestyle expenses

JazzyBanana
JazzyBanana

Assuming - 5 % inflation for 30 years on ₹30 k

SquishyQuokka
SquishyQuokka

Incorrect! Your expenses will be 1.3L by the time you are in late 30s

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