What's your net worth?
Okay, this post is not for any comparison but genuinely want to get insight on where do i stand in terms of saving among the corporate employees. I will go first. Age :28 NW : 65L
5.75 crore including flat . Not including car or jewellery. No loans or emis or debt of any kind . Age 41
That's great. Did you do any side geeks to achieve this? What financial suggestions do you have for someone who is below the age of 30 ?
No side hustle . Just regular employment and investing in equities consistently . My advice would be to earn as much as you can , save aggressively, invest in equity index funds consistently and ignore everything else . Do it for 10 years straight and you are set for life . Have term and own health insurance. Keep an emergency fund . Concentrate on work . Most most most important than any of the above , spend time with family and friends , enjoy your life and never worry
3.4 CR, no real estate, mostly equities except 50 lakh in psychological safety fund
I’m 32.
When you make surveys/posts like this, you wouldn’t get an accurate idea actually. It would mostly be ppl with high net worth posting here to flaunt it resulting in survivorship bias
Absolutely Correct
This is exactly what is happening with a lot of comparison posts