Hi,
Wanted to keep precise to the point.
Age - 36 Salary - 40 LPA Portfolio - (Stocks, FD, MFs) - 50 Lakhs MF - 40 Lakhs Stocks - 6 Lakhs FD + Debt - 4 Lakhs
Married. with 4 year Kid. Wife is not working.
Own Home - 85 Lakhs - Loan will be cleared in 5 years
Posting this after going through all the posts. Felt like I am not saving much. Need you advice/comments.
Don't rush into clearing the home loan. Focus on having a solid emergency fund, health and term insurance.
Once you have that focus on building up your financial assets. That's what compounds and boosts your QoL.
Everyone has their own journey and struggles. Don’t compare yourself to others. That would only give you stress.
Age - 33 YOE - ~ 10 years in Marketing
Zero exposure to US stocks. Zero exposure to Crypto. Have a house (~45 lacs) for parents in a Tier 2 city which I haven’t added here. No liabilities (finished an education loan and a home loan)
...
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 S...
Me reading it with 20k in savings account😅🤣
Let’s make this thread for savings related discussion:
Age: CTC: Total savings: Asset (if any):
For example, Age: 28 yrs Male CTC: 35 LPA Total Savings: 45 Lakhs Asset: 2 BHK in Bangalore
Share yours!
