Guys need your suggestion here.

Please help me with my decision.

I am 32 divorced and I have decided to not marry again also i don't have any other other responsibilities /loans etc.

Currently earning 18 lpa and I am planning to buy a car which is worth 16 lakhs. Should I go ahead or should l lower my budget as per my current salary package

like
Posting as :
works at
You are currently posting as works at

Car is depreciating asset... Dont invest much...
Even you can go with that Car , bug go with base model and modefg it from outside (only if want).

I would suggest to go with 10-12L car... 16 +is very high hudget even if you have savings

likesmarthelpful

In my opinion, go with a second hand car.

Reasoning: The government is experimenting a lot with hybrid, electric, hydrogen fuel, flex-fuel vehicles etc. Buying a petrol/diesel fuel vehicle at this moment and time where its still undecided which fuel is gonna take off might not be a great decision.

likehelpful

Lower your budget. But if you have past savings go for it

likehelpful

Yes I have been saving some amount of money specifically for the car and have other savings too. I can pay like 30-40% as a down payment from my car buying basket.

So is it fine to go ahead with a 16 lakh budget?

Go for it... Dude seems no additional responsibilitie so thats ok...All the best and have fun...

likehelpful

I think you can lower your budget. As you are single now so I think any car with lesser price is also fine. Whatever money is left just invest it. Obviously final call is yours. All the best! Be happy

Related Posts

How’s comp and culture at Altamont?

like

Curious to know what would be the base salary range for Project Managers in IT implementations in the Houston, TX area. 14 yrs total IT experience and 5 yrs as a PM.

like

Anyone investing in index annuities? Can someone explain why this is beneficial?

like

If anyone is interested in investing in crypto, I’m running a kickback campaign on Vauld, where both, you and I can reap benefits. You could also FD your crypto investments at interest rates as high as 12.68% for a few tokens.

Comment here or DM me personally if interested to talk further. Note that this crash is a great opportunity to enter. 😊

Should I take loan on my 401k to complete 20% down payment for home that I am buying or should I just go with 5% down payment and pay mortgage insurance?

like

Hi guys,
I have offer for Comcast and rntbci with same package. Which one should i choose?
Am expecting good hike and good wlb

like

What is your dream salary? Like your FU number!?

like

BNY Mellon technology specific questions -
#0 How much max salary for grade K ?

#1 How long does it take to promote in bny from grade K to L ?

#2 Any specific criteria for promotion? Expr , certification etc...?

#3 How much % hike to expect post promotion ?

Skills- Java, microservices,react, cloud

HSBC India JPMorgan Chase BNY Mellon | Pershing Citi BNY Mellon UBS Citi Allstate BNY Mellon | Pershing BNY Mellon Corporation HSBC India

like
like

Hello guys,
I'm confused about which company to join, please suggest -
1. Oceaneering (Design engineer -1) (9LPA)
2. Cummins (Product design engineer) - Third party payroll. (10Lpa)

Please help with the decision and reason.

like

Been lurking on this group for a while. I’ve only traded stocks ever. What’s the best way to start with options? Any great video tutorials or websites that can help me understand the basics. I only have theoretical knowledge of options thanks to a derivatives class I did at college.

like

Hey beautiful people,
I’m 27Y and work in tech. Unfortunately my carpal tunnel is getting worst slowly. I’m worry that I still have like 45 years more to be retired and can’t stop working because I have a f* mortgage to pay 😭 I have a super ergonomic workstation, but I know my hand needs a long rest, and I can’t do it… Does anyone relate? What do you recommend?

like

which is better EY India or EY GDS ? Want to know in terms of hike , variable bonus, perks and benefits. Not bothered about client exposure and all.

I got a job offer as a Tax Associate at PwC. I want to negotiate the salary but the HR said he cant just increase my salary since that would be unfair to other associates. The only thing he can do is to ask to compensation team and if the team approve, every in-coming associates would get a salary increase. Is that true?

likefunny

Hi Fishes,

Can someone help me with some information about Deals strategy team at AC Bangalore. How’s the work, environment and pay?

Anything will help. Thanks

like

What is hike % seen at pwc india tech consulting in Mumbai .
Help me understand the hike and ratings?

like

Investor’s Business Daily: worthwhile?

like

What’s the general guidance on the order to maximize retirement contributions for tax benefits for an normal individual and for a self employed/small business owner before moving to taxable accounts or alternate vehicles like cash value life policies?
I’ve seen for individual: match trad 401k->match roth 401k->max roth IRA->max trad IRA->max trad 401k->max roth 401k->max HSA
For self employed: max SEP IRA/solo 401k->max roth IRA->max trad IRA->max HSA

Of course situations differ but in general?

like

What is the *prime* amount of money to bring you happiness?

like

What is everyone’s outlook on crypto? I have some litecoin from awhile ago and wondering if I should indefinitely hold it. Thanks!

like

More Posts

I'm planning to do my PGDM in Canada
Which College/Universities should I consider to get recruited into top consulting firms (Also the preferred courses) ?

like

This is my story. Think and act

Post Photo
likehelpfuluplifting

Stimulants + Caffeine: has anyone been having coffee/tea with stimulants daily for years? Is it safe? Any thoughts?

like

This may already be answered, but are embassies open for h1b stamping on India??. I am getting conflicting reports from my friends. TIA .

like

Is firm travel back up to pre covid levels?

like

Sorry, haven't been active here. What are we buying these days?

like

Any FPL leagues where we can all join, if it's not too late ?

like

Top consulting firms right there!!

Post Photo
funnylike

Hi Fishes,

I got offer Letter from infosys 2.5 months back, now when I am trying to decline the offer by sending a mail to HR, it was not getting delivered as HR left the organisation 1 month back, I forwarded mail to feedback team of infosys but still got the mail from onboarding team with joining details and WebEx link, kindly suggest how to proceed in this case.

funny
like

Let's build a playlist! Share what artist. songs or podcasts you like to listen to while spending hours writing endless amounts of code.

like

Genuinely curious: How do you justify working in PR knowing that you won’t make $100k+ for 15-20 years? I’m 3 years into my career and I have regrets about choosing this field when I look at my financial timeline.

like

Why does CGI never call me? It has so many business analyst openings, i applied no calls at all.

Any MAnager or SM in this group? Can comment ?

** Very Important **

Tax declaration last date is on 15th May 2022.

I would like to know do I have to submit the investment documents now ? Or later in the month of March 2023 ?

Please let me know. Thanks.

like

I got an offer of 25 LPA CTC from Oracle Financial Services. I am into Oracle Fusion ERP skillset . Is this a good offer? Can we negotiate further? Oracle Oracle India PwC

like

Hello,
Just curious to know about current market of Oracle Cloud HCM. How much companies are offering for 12 year experience (Techno Functional Role)?
Thanks in Advance

like

Hi fishes, Need your help urgently.
I have 2 offers
1-
PwC 10.6 LPA fixed + 2.5 lac JB
2- Concentrix 16 LPA fixed + 1.5 lac JB

Which one should I choose?
Yoe- 2.8 years
Tech stack - ReactJS developer

Has anyone heard of Incline Partners, MM exPNC PE based in PA. Recruiter reached out on LinkedIn.

like

PwC people, does vacation negatively impact utilization the same way hitting G&A does?

like

In my department at work, we have always taken turns working on the holidays and been pretty flexible. Well, we’re really understaffed this year and several new employees are young parents. So, I offered to cover Thanksgiving and Christmas to help them out. But now I’m feeling super resentful. Any tips on getting through the next month without shooting daggers at them?

likeuplifting

Additional Posts in Men of India

Best Clothing brands. Drop in your suggestions:

Shirts:
1. USPA
2. Peter England (Formals)
3. Allen Solly ( Comparatively cheaper than other brands)
4. Superdry
5. Levis

Polos:
1. Superdry
2. USPA
3. Calvin Klein
4. Allen Solly
5. Tommy Hilfiger

Tshirts:
1. Levis
2. Superdry
3. USPA

Wallets:
1. Tommy Hilfiger (Buy from Myntra)

Briefs:
1. Calvin Klein
2. Jockey - Only Tactel series

Trunks:
1. Jockey - Only Tactel series
2. Calvin Klein - Established series

Vests:
1. Van Heusen
2. USPA

helpful

Kya chal raha dosto nind ni aa ri yaar😂

like

Guys, ditch your briefs and trunks.

Switch to boxer briefs. They're the best.

Someone recommended me them 2 days back and I wonder why did I not know about this since past 7-8 years.

Thank me later 😂😂

like

Bhailog jate hue balo ko kaise roka jaye

like

Offtopic:

Took a Tommy Hilfiger watch few years ago and wanted to get it repaired. How do I get it done?

Don't remember the outlet I took it from

What's the amount you generally spend while buying office clothes?

like

Guys thoughts on #NNN..??
Any 1 lost already..?

like
like

Hello Men, do you still think, that you should switch to domain you like instead of what you are doing currently. Please tell why or why not. I know switching to a Domin we like will take us a bit back in our career but still want to know.....will you take the risk

There's no interesting bowl for women to discuss things they want

like

Has anyone tried PRP treatment for hair loss?
I don't have male pattern baldness, but patchy hair loss and doctors are saying two session of prp would be enough.

Is it good? Whether it restored your hairs?

like
funnylikesmart

Is it worth going for AM?

like

Boys, don't spoil your goals behind holes.

funny

Which is the good budget friendly perfume??

I have premium one from Boss Hugo... I kept it for special occasions 😜😜

Hey guys.. anyone looking for good friend... Getting saturated with wfh :(

like

my urine stream has become weaker than before, it takes time to start, is it start of any issue.

like

Are such polos allowed( look good) at Office ?

Post Photo
like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal