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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 ?
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Hello Fishes, I am currently in process with EXL . I had my 3rd round of Technical discussion on Friday, which went pretty well. Can anyone help me with following details: 1. How many technical rounds EXL takes 2. How long usually they take to respond in case the candidate has cleared the technical rounds Just FYI, my all 3 technical rounds got completed within a week. Exp - 8 years, Position being interviewed for - SM Thank you! Exl services
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Try to structure your in hand into different brackets.
Like you can keep a set portion of your income for investment, giving to parents and any other expenditure you see on regular basis.
And then simultaneously set up a small portion for things you aspire to buy or for your travelling expenditures. Even though you won't be travelling on monthly basis, but say you take a vacation after 6 months, you can use those funds to use during that time and also plan a vacation with the funds you have accumulated, this way you won't go overboard as to spend a huge amount of money as well.
Travel is just an example, if you like to shop a lot, you could set aside a percent for that too.
I think it's good that you are investing very heavily but it's important to note that you need to reward yourself to keep up the motivation, otherwise if all you do is work and invest and not reward yourself, you will quickly burn out. Remember this is not a sprint, but a marathon, you have atleast 25+ years of career ahead of ya.
I am also in the same boat..thinking too much about future and retirement that i forget to enjoy the present.
Chief
Excess of everything is bad.
Investing is good. I'm 29 M and have not invested much.
I would say follow 40-30-20 rule.
40% of Salary for Needs-rent food etc.
30% of Salary for Wants-anything you wished to buy makes you or parents happy.
20% of Salary for Savings-for your retirement or big purchase.
10% of Salary to Build an Emergency Fund. ( should be sufficient to take care of you for 6 months without a job)
Adjust these values according to your needs.
opt for3bucket scheme one for enjoyment one for future one to enjoy mix of spendane future
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