How much saving you have till now i need motivation please
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Hello Guys,
I Got one Offer from Fynd but that is too low for me and as per my expereince
They are giving me 9 LPA bcz I quoted that amount when I applied for it long back. at that time I didnt know more about how salary and all calculated and whats the market research
Now after clearing all the rounds when we meet for salary discussion i told him my real desired salary as per experience and market reseach
He told me that I quoted 9 LPA so we can not do more "unless you have any counter offer"
I have 6 YOE in. Net+Angular and got an offer from Legato Health Technologies with 20 LPA Fixed, i joined Infor just 11 months ago with 12LPA Fixed and i will get the hike in August. If i resign now i will not get hike and i am a critical resource in the project, i guess Infor might try to retain me by matching offer. What should i do? Should i resign ASAP and not negotiate with Infor . I have all these doubts because Infor is a product based company.
How's the job market now? Any better???
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YOE - 8.5
CCTC - 25L
Portfolio - 1.25cr.
2 storey building in tier -2 city, constructed thru savings only. - 50L
Mutual Funds + Stocks - 20L
PF+ NPS - 10L
Liquid - 30L
Gold + sgb - 10L
Investments in business - 5L
Debt - 0
Been to onsite for couple of years to Europe that maximized my savings.
For MF tracking I use GROW app, but I'll do.any transactionas directly on the respective MF house website. Stocks - ICICI Direct.
I've 8 YOE. Had my Personal Loans settled recently.
I had been deeper in debt for quite a lot of years but now I don't owe any money to nobody.
Zero balance is better than minus balance.
Chief
Debt in credit card and personal are disaster.
10 years exp k baad 10 lakhs v savings ni hai.
Bhai... Service based ne nikl jaao...to acha growth hai... Or thoda market ke hisaab se chalo...
Main abhi bhi dekhta hoon ki .. 10-12 saal Java ka experience hai, or spring boot ka kuch nahi aata hai to.. to phir exp ke barabar hu CTC rahega ... I was on spring boot when I was in tcs, phir cloud Kafka designing scaling distribted caching sab aa gaya to scene chane ho gaya ..
Mere saath Wale abhi bhi... Hibernate ka n+1 or third highest salary Wale questions ko ganng phaad Maan rahe hai...to unka CTC bhi wahi n+1 or jvm jdk ke diffrence pe hi hai
Bhai ye distributed systems, scaling vagera tcs me sikha tumne ??
Yoe: 11 ( started with Infy and then TCS)
CTC: £66k
1 cr bungalow in Ahmedabad fully paid ( now worth 2 cr)
20 lacs FD
8 lacs PPF
10 lacs Shares / MF
£40k in savings account ( saving for buying a house in the UK)
£10k UK pension account
£2k UK shares
Ok I thought you were one of my friends.. I get around £3750 net
YOE : 6 yrs
CTC : 40L
Savings: 25L all in Stocks(invested 5L now it’s 11L+), PP and MF
Invested in property: 20 L
Something in PF
Bought a Car : Hyundai AURA in EMI 4L pending
My personal expenses is more so unable to save much 😏
Its fine. Enjoy your life while saving. Have a balance and take different experiences.
5 YEO,
Salary 22 LPA,
Side hustle 20-30 LPA,
EQUITY 15L,
DEBT ASSET 30L,
PPF+EPF 7L,
Cash+bank 3L
No property, No loan
What is gig?
Rising Star
Ye 50-60L saving wale log kuch khate b h ya bas hawa hi kha ke Zinda h ? 🧐
12 YOE
Flats - 1.5 CR
Plot - 80L
Others - 35L (Mutual Funds/PF/PPF/NPS/Gold)
Loan - 64L
Tech stack bro??
Conversation Starter
Yoe : 8.8
CCTC: 26 LPA
Purchased commercial property in rural noida for 5 lakhs in 2016 i.e. after working for 2 years. Sold last month for 4 Cr
Managed to save 40 L so far.
Planning to invest in commercial property again in Noida/Greater Noida.
Flat : 2 (50 Lakh each) : Rented
Home Loan : 75 Lakhs
5 lakh to 4cr not in 2yrs. Ihe sold last month so it is 6yrs. But still such a huge profit
Enthusiast
Many posts are outright fake specially the ones with onsite savings and low epfs or inflated epfs not commensurate to their package & exp. But some are genuine as well.
YOE : 10
CCTC : 28L + 12% variables
EPF : 5L
Apartment: 60L ( 43L loan), purchased in 2018
Single earner in the family
Father had a debt of 15L, 10yrs back with 18% annual interest, It took me 8 years to repay all other debt.
Savings and investment? What is it ????
Flat EMI : 40k, it's for my parents , Tier2 city
( Note: was living in a different city before COVID)
Savings kya hota hai.. Maine to Shaving v chhor di hai savings k liye... 😜
Jokes apart, I think people are getting demotivated by this post rather than getting motivated... 🤣😜😛
Rest who are rich must be feeling blessed. 😆 What's the purpose of this post... 🤦🫣
YOE - 3
CTC - 34LPA
SAVINGS - Memories of travelling half the country in my own car worth 20lpa.
Lots of stories.
Happiness.
Kal ko chal base to paise ka achar daal loge? Get some life, live a little.
@SE10, no bro not yet. Thinking of investment in land in coming years though.
YOE: 4.6
Started with 5.5 LPA
CCTC: 17.5 LPA
Equity: 1.2 L
Mutual Funds: 1.1 L
NPS: 75k
PF: 2.5 L
2 flats each 65 L
2 loans distributed with spouse & brother: total 72 L
Rising Star
YOE : 0.3 months
Equity : 0
MF : 27k
FD : 40k
PPF : 18k
Flat : no (but I want)
Saving : 60k
Guide me, motivate me
For first 2 year do the things what you love and what give you happiness. Explore and create memories. Make a balance between saving and enjoying. For sake of saving you should not stop enjoying life. As you grow you can focus more on saving.
Am such a loser.
Yoe 5.5, CCtc 12L
Savings : 1.5L in EPF
Car loan : 2L remaining
No other savings.
I own a car and that’s it.
I got married and my wife is a saviour.
Don't you all have huge expenses like marriage in family of self/brother/sister, home loan, car loan etc. I don't have any yet. But they will be upcoming in future.
So i will tell you my story
I started with Accenture with 3.5 LPA after 3.5 years with two promotions it was around 9.8 (fixed + variable ) , recently made a switch it was around 20 ( fixed + variable )
YOE : 4 years
I am not sure why i am lacking in savings so much.. I have always seen my father to spend i mean whenever he gifts something to someone he makes sure it's good gift, then same goes with everything same thing i also have i save.. it's not like that i can't save but i spent a lot as well
I always had a wish to have professional camera systems i full filled my wish to do that it costed 2 lakhs + and there are lot.. I love to travel so me and my friends travel a lot when it's possible, but seeing here people savings 1-2 years of experience giving me headache ! Not sure what will happen
My savings so far
Post office ( MIS that translates to RD ) - 2 LAKH
MF - 2.3 LAKHS ( MIXED OF debt, equity )
Stocks - 50k
PPF - 2 LAKHS
CRED MINT - 1 LAKH
NPS - 50K ( JUST STRATED)
ONLY 7 LAKHS OF SAVINGS in 4 years
WITH THIS NEW JOB I AM PLANING TO SAVE MORE , ATLEAST 80K PER MONTH TO COPE UP WITH MY SAVINGS !
YOE - 1.5 years
CTC - 16.5 LPA
Wife's CTC - 6LPA
Loans - 10L (Education + PL)
MF + PPF + FD + Bank Balance - 18L
We use my salary as Rent, Bills, EMI, Parents' house expenses, etc and literally all the other expenses. And keep my wife's total salary as savings. I hardly have any balance in my bank account at the end of the month. I still get my MF investments done from my salary though.
@Delloite2 I did my Btech then worked for 2 years at a service based company and then did Mtech and now I am working at Intel since Jun'21. I am 26 rn. 😅