eleCtrik
eleCtrik
SAP

Saving for a Vietnam Vacation

So I was planning for a Vietnam Trip in May and was planning to save for it, currently I'm earning around 125k/ month and consistently investing around 35k in stocks and SIP, so for travel should I have another SIP in MF or should I save it as a separate entity into my Bank account ? needed help. Also any tips for the trip would be highly appreciated. Thanks!

9mo ago
Grapes_are_healthy
Grapes_are_healthy
Stealth9mo

Maybe with the same or little more budget and a bit of planning, you can visit South Korea too for almost same number of days.

Regarding the saving part, usually we have to pay it upfront for hotels (to get less price) and other tickets. So maybe you can save it in flexible/sweep FD. For less than 4 months recurring deposits or mutual funds might not make sense.

eleCtrik
eleCtrik
SAP9mo

Bro I already shifted to Vietnam from Thailand and now South Korea, saara Asia aise hi ghumna padega lgrha

BiryaniEnthu
BiryaniEnthu
Stealth9mo

Vietnam is super chill in money. Please don't break MF FD for these 😂

eleCtrik
eleCtrik
SAP9mo

Yeah ikik but I want to keep a separate funds for traveling, so that I can spend them freely

BiryaniEnthu
BiryaniEnthu
Stealth9mo

It is very cheap. If you go beyond the capital city, much cheaper

RectangleBro
RectangleBro
Quizizz9mo

I spent 89k for an 8 day trip including flights and stays (my friends and I were going all out, staying in fancy places etc). It’s very doable.

RectangleBro
RectangleBro
Quizizz9mo

That money could have lasted us 2 weeks actually. Vietnam is cheaper than equivalent in Goa.

PeskyBaker43
PeskyBaker43
Apple9mo

year of experience??

eleCtrik
eleCtrik
SAP9mo

'23 pass-out

PeskyBaker43
PeskyBaker43
Apple9mo

wow which company u r earning 125k

AGentleGiant
AGentleGiant
Tatvasoft9mo

2 months savings from your in-hand salary should be enough for a leisure trip to Vietnam

eleCtrik
eleCtrik
SAP9mo

So 50-60k would do the job right?

AGentleGiant
AGentleGiant
Tatvasoft9mo

Yup

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Starrlord
StarrlordStealth10mo

Saved my first lakh

I am 25, no one is dependent on me I would like some idea s on where I can spend this 1 lakh maybe something material or a experience

sisyphus
sisyphusStealth10mo

Investment ideas for short term (<1yr)

I am planning to save some % of my salary every month and go on a trip at the end of the year.

My plan is to save around 3k-5k every month apart from my usual monthly investments.

I haven't planned anything yet so I am open to your su...

Shadybandar
ShadybandarSwiggy13mo

How much do you save per month?

What is the biggest expense, how much do you save and how much do you invest

Top comment
user

Wtf everyone here 2l+ pm 🥵🔥

YellowTooth
YellowToothSprinklr10mo

Where and how much are you saving/ investing per month?

I’ll go first.

  1. What kind of investor are you? I am an opportunity investor, and I do buy good stocks whenever they are in reasonable valuations. Below are my monthly numbers.

  2. Where’s the majority of your investment portfo...