elon_chacha
elon_chacha

Is 1cr Salary enough to survive in Bangalore??

15mo ago
AITookMyJob
AITookMyJob

No. Those are rookie numbers. You will not survive with that.

You need atleast 15 cr per month, peasant.

supercoder74
supercoder74

U can survive in 5k by putting up a roadside tent. Rest 99lacs 95 thousand u can put in sip and mutual funds etc. U can eat at Indira canteen for 5rs per meal.

ElonMast
ElonMast
Amazon15mo

Use lemon soda to reduce alcohol after effects

Thomas_Shelby
Thomas_Shelby
Swiggy15mo

Don’t make it Quora by asking dumb questions, please!

GolDRoger
GolDRoger

Considering this an honest question, and assuming no parental inheritance ( no house), it would go like this
Income- 1cr -65 lac in hand ( after taxes) - 5.5 lac per month By standard 30% saving rule - 2lac in savings - 3.5lac remaining in hand
Expenses -
Considering 3bhk in good society -
rent = 65k per month Car emi - 45k ( good suv like jeep compass)
Maid/subscriptions/weekend outings - 50k per month So thats total = 1.6 lacs gone Random expenses - 40k ( travel, gadgets)
Total monthly expenses= 2 lac per month Remaining= 3.5- 2 = 1.5 per month

So yes it will be extremely comfortable, you can live in good society, get a good car and still have around 2+ 1.5 = 3.5 savings

Hence save for an year, get a house by some 30lac deposit and deploy 1.5 in emis and enjoy

Seeker18
Seeker18

U seriously think that is a honest question!!!

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