FluffyBanana
FluffyBanana

What is the right way to invest your salary after it’s being credited!

Manage your salary wisely: Budget for essentials (50%), fun (20%), savings (20%), and investments (10%). Build an emergency fund, pay off high-interest debt, invest in retirement accounts, and diversify. Automate savings and track progress for long-term wealth!

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by PrancingQuokkaSoftware Engineer

1 year in first job, please help me assess and improve

I've completed 1 year in my first job. I've tried saving and investing some money, help me decide what I can do better:

Income: 22LPA

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1. All expenses are justified if you are disciplined with your savings and investing. Don’t miss out on present just ...

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by JazzyBiscuitMoengage

How do you invest your salary?

It's been close to a year since I am earning a salary and this is what I do:

  1. Invest a little less than 30% straight into MFs. I have three ongoing SIPs- small cap, flexicap and a Large + Midcap fund. (Planning to increase the amount ...
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user

Following the 50-30-20 rule for 5 years now. Started with a salary of 6LPA fixed. Now at 25LPA. Investing ...

user

I do the same. Invest 50% in MF(Flexi cap and Index funds) and remaining in 80C instruments here and there. Tip - M...

Personal Finance
by FuzzyCoconutSoftware Developer

Post tax 7 lac a month. Double income no kids, but not sure what do with all the money.

Me and my wife are 30 years old software engineer with no kids. Draw 7 lac a month please some yearly bonus. We invest 2 lac a month combined into equity market through mutual funds.

Expenses: 1.5 lac a month including everything, li...

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user

Hey - we are also similar to you. Would strongly suggest finding something you’re passionate about. For us (prim...

user

Funny how no one commented to be adopted by you 🤣

user

Bro My suggestion is Buy some big land in outskirts and save some in your Account. Once you fell not intereste...