My current salary is 4.1 LPA with 3 years of experience in IT. I reached a net debt of 180k Rupees at the age of 25 .The best part is I don't think I hit the rock bottom yet. I feel like my worst is yet to come.
Although ,I have a debt of more than 1/3rd of my early salary with out cuts , I chill all other days except on the day of credit card bill payment or the days where my father asks me to help him out with some money. I never say no to him and I go into further debt , but I never regret giving my father my money and never should be.
Coming back to the topic , I don't know how I forget how broke I am until the day comes where I have to pay my bills. Where do I get this courage to eat all the rubbish outside and spend like i earn in lakhs every month?
I don't know how I've turned into such a demotivated and lethargic sloth.
I am feeling all this right now , but i am sure that in two days of time I will forget all these feelings I feel now and enjoy life as if I have 2 crores in my bank account.
Cheers to being shameless.
In my opinion, you should think of switching company who will pay you in lakhs. Software engineer with 3 years of experience are earning 1.5 lakh per month. Study hard and crack a interview in a solid company. You will be out of debt in just 1 pay cheque. Think of coming out of this debt trap Asap. Meanwhile, convince your parents to limit their expenses for 4-5 months so you can prepare with free mindset. Goodluck!
Thanks for these tips mate. My current technology is informatica and it is almost dead , I have to make a technology switch to get a good package. Any recommendations?
Married, combined salary= 130k/month. Two personal loan emi. Total emi= 58K. Total loan amt = 40lakh (including my fatherās which i have to repay).
Currently searching for a better salary. Keep goingā¦
Better to know other side before commenting such.
You need a routine... one routine and one discipline and for the rest day you can be as much lazy or shameless as you want but one routine (like workout for an hour) and one discipline like 'Will have one healthy meal a day!' Or 'Will put in 1 hour everyday upskilling'. Start with this... and scale up when you feel like levelling up. Posting here shouldn't be the last thing you do.
Working on it for the past 3 days , I hope I will carry on the same form this time around. Thanks.
Iam not sure if it helps but when we were using credit cards like nothing we were always in debt .so my husband and myself decided to close everything. all credit cards were closed and deactivated . Simpl / paylayers / lazypay all accounts deleted .we did took hand loan to close everything but got them cleared in next month . This was the best decision we took and considered spending with only cash on hand .
Now we are out of debts no unnecessary spends and happy no bills to close . You should surely do that and see how relaxed and happy you will be .
I salute your resilience and commitment to be able to do that. I'll try and explore this option . Thank you for sharing
I am a middle class boy. Working in Banglore. I am earning 1.5L every month from last 3 yrs. But still I don't have a penny saved. I have to give all my money to my parents. They have huge debts and to avoid extra expenses i am working f...
Hey community
Been working in corporate for 3 years since college and reached 50L. Hope to reach 1 Cr in 5 years and 5 Cr in 10 years
Fingers crossed. All the best to all of you too
Isiliye to keh rha hu COVID lockdown mei Dalgona bnane k jagha DSA sikhlena chaiye tha š
Saw the new FIRE community here on Grapevine, thought of sharing my story here.
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