I know it sounds very funny as it's almost nothing, but considering my background, this is huge for me after just turning 23 and started working 4 months ago at 7k pm. I got 92k just in last 7days. I was in heavy depression for few years, had no plans for future even few months ago.
My target was 1L at the end of 2023, got it after 3 days. Mostly I am putting all in MF now. I don't need emergency funds as of now, my parents have planned for those. Any suggestions would be appreciated.
I need to upgrade to a mid level laptop asap. So it'll be big investment. An investment that I hope will give me massive return.
Next realistic target 7-8L at end of 2024. Let's see if I can get there or not.
Have seen a handful of similar posts after mine, did I just started this trend *blushing
Probably 😃
@WhatsThePoint I think you did!
Don't put everything in mutual funds. Diversify your investments and have some emergency funds of your own as well. You never know what might happen in life.
All the best 👍
I am a 23 grad who has managed to save close to 7 L all cash till now. Plan was to enjoy the first 6 months of job and then start with the financial hustle. Seems, I am ready. Need suggestions to allocate ~5L across equity, gold, FDs and...
I know it's not a big amount, but felt like announcing this. Here's my nw breakdown-
FD/Emergency fund: 5L MF/stocks: 1L Sitting around: 4L (can't get myself to invest it, the market seems very overvalued. Will try to invest this in...
What are your net worth targets and goals by age? Here's mine:
25: 10L ✅ 30: 50L ✅ 35: 1.5 Cr 🟡 40: 3 Cr 🟡
First time cash flow from investments is greater than salary.
The FAANG and unicorn employee salaries for even 2-7 YOE engineers is quite insane compared to the average Indian employee pay in other sectors of the economy.
The average SDE2 at these companies makes 50+ lakhs per year in compensati...
Giving 34.2% directly and 18-28% indirectly to gormint. My biggest expenses by a country mile.
