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

For me, I don't have a monthly investing plan, but I save roughly 80-90K monthly. Only invest in MFs & PPF. Generally invest 1-3 times a year whenever market falls by a lot. Last 2 investments were during Mar2023 and Oct2023.

I get around 4.4L monthly and I have two rental properties which give me 1.1 L monthly. One is a fully furnished 3BHK in BlR and the other is an independent house outside BLR given as AirBnB.

My other monthly expenses are below

HL emi - 80k Household - 40k Fuel- 10k Parents- 25k Entertainment- 5-6k Food and Drinks- 6-8k
Kids education- 24k Travel fund - 20k it is kept in a joint account.

Food, drink, entertainment and travel
I don’t eat, drink or party outside too much. Mostly eat home cooked food. I watch 1-2 movies with family and also don’t travel much these days.

Shopping
I also don’t shop extensively and usually buy daily wear from Amazon or decathlon brand clothes, it’s cheap and good. I do a good 3-4 festive shoppings per year for everyone in the family.

Gadgets
I don’t have craze for new gadgets, still using iPhone 11 Pro and previously used iPhone 6 for almost 5-6 years.

Vehicle
No plans to upgrade my cars, I have two of them and one is more than 10 years old and the second is 5 years old.

So that’s pretty much it @majboormajdoor :)

That’s absolutely file bhai, it’s important to start small and try reducing your unnecessary expenses, like gadgets, new tech, vehicles, eating out and parties. I’m not saying you should not have these but, assess your outflow for few months and try reducing the not so important expenses.Also gradually increase your monthly savings.

Apneliye kanjoos ki tarah jeena teek hai bhai 😅

@Misc_ I do 5 SIPs

1. Pagrag Parikh Flexi cap 20k
2. Axis small cap - 5k
3. Axis Bluechip -10k
4. Quant – 15k
5. Kotak Emerging Equity- 10k

I am planning to shift from Axis to something else. Motilal Oswal recently launched a new Small cap fund, I am planning to swing my Axis portfolio to that. Also, ICICI Bharat 22 fund seems promising, I may invest a bit in that as well,

I have 2 Smallcase subscriptions Gulaq Gear 6 and Tare Zameen Par roughly 35k pm. I also invest in good Indian companies as well, some of my top gainers are HDFC bank (24% now) it's in a good zone now as well, Tata Motors (190%), Bajaj Hind sugar (112%) Zomato (120%), ITC (123%), and so on.

On Vested I usually buy US tech stocks, Shopify, Meta, NVida, Apple, MS are my top gainers.

Hope this helps, Please do some personal research before investing.

@YellowTooth thanks for such detailed answer, it will be very helpful.

+1

Thanks brother! Few recommendations.

1. Work really hard in your early days
2. Start investing from your first pay check
3. Never take loan to invest, especially in stock market
4. Ask for pay rise, periodically, for that you must prove your worth, else switch jobs
5. Up skill and keep working on your craft, ie keep learning always
6. Look for good opportunities to invest
7. Real estate is good but avoid overpriced properties
8. You are the master of your financial journey, so don’t simply believe in everything you read or watch, take things with a grain of salt, make your own choices.

74 fixed plus 20% variable.

YOE?