How Do You Guys Manage your finances
Khud k liye kharcha Ghar bhejna k liye alag Invest k liye alag Savings k liye alag
What is the ideal percentage for the above?
I have moved to a new place for starting my job and this is incurring a lot of expense. I have never spent such amount of money in my life. Getting tensed because of this. I have been living with my parents till now so expenses never felt that heavy. Any suggestions to cope with this ?
You’ll build muscle to spend. It’ll take sometime. And once you’re on the treadmill of spending, you’ll love it :)
Plan your expenses before hand.
Set aside mandatory expenses and/or needs.
Set aside how much you plan to save and also for what.
And then use the remaining money to do casual spend.
And take into account the percentage of income that you are setting aside. That will also make you realise if any of these spends are unrealistic.
Yes newly joined
Khud k liye kharcha Ghar bhejna k liye alag Invest k liye alag Savings k liye alag
What is the ideal percentage for the above?
I'm a 28-year-old married (Wife is also working) individual currently residing in Kolkata, where the living expenses are relatively low. I have 5 years of work experience, and my current compensation package is 28 lakhs fixed and 3 lakhs...
Nah stay there only. Why relocate to Bangalore If you are earning a decent amount and living with your family happily.
Me and my spouse in total are earning 6 Lakh a month pre-tax, but inspite of that there is too much pressure on finances. I am just amazed with the cost of living. Rents, School fees, EMIs, Taxes are just eating away all the income. I am...
Reduce your expenses. I know people living peacefully for less that 1/6 of your pretax family income. So the problem ...