I wanted to share my Net Worth as per INDmoney, and understand how I compare with the others here.
The goal is to reset my goal after looking at people doing better than me, and provide some guidance to people that might be aiming to reach their own goal.
Total YOE- 6 CTC- 34LPA (since last month) SIP- 70k (MF) + 30k (stocks) Investing since- Jan 2020 First SIP value- 15k
Let me know where you all are at, and if you can share some insights to help improve mine
As they say;
Personal finances are 'personal' :)
Definitely agree with that. Comparisons have always given me a boost, driven by jealousy (not envy). Thus wanted to see where others are at.
Complete respect to you even if you don’t want to share your numbers 🙌
I can't even if I wanted to as GV doesn't support image/ss in comment section 🤷🏽♂️
I am in final year just passing out in next 3 months... What should I do to accumulate a good sum before 30 years of age . I am currently 22
Start with an SIP from your first paycheque, with whatever amount you are comfortable with.
With each pay hike, the proportion of your monthly investment should go higher than the percentage of your expenses.
Also, define what is the amount you want by the age of 30. Using a comfortable CAGR of 12%, look at how much you need to invest each month to reach your number (it may scare you, but trust the process, and you will reach that number)
Don’t ever stop investing till you reach Fuck You money
1.5 cr is the amount i want in next 8 years
How much is in your bank account, curious to know how much did you save in total since 2020,for me after shifting to Bangalore my savings has really taken a toll.
2.5L in bank for emergencies.
I’ve been blessed to have my own house and remote job for the last 3.5 years. Saved up a lot because of that.
Might be shifting to Gurgaon soon, so savings will take a hit
Also, curious to know what you look after at Grab.
I used the app extensively when I was in Indonesia. Is the situation better there now?
You started your mutual funds early and aggressively? Or was it a lumpsum investment
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
5.75 crore including flat . Not including car or jewellery. No loans or emis or debt of any kind . Age 41
Every month my salary gets credited I barely spend 20% of it the rest of it is just sitting around in my bank account it's already above 5L. I keep thinking of investing it in stocks/mf but it's a lot of work 😔
What do you guys do w...
The wealth should not be inherited.
I'm 30. No house, 10L in cash and 5L in mutual funds. No inherited weath.
Seeing the comment section,I realise I am broke.
But the value of ₹ has gone down quite a lot. Looks like the FIRE amount is now 10 Crore
