I am a 30 year old IIM graduate. I have 6 years of total work ex.

I have only saved 40 lakhs until now. I scrolled across this group and people are already posting that they have saved a crore at this age. How is this possible? How did they achieve this? Am I lagging in life? My salary was decent only all this time.

likefunnyhelpfulupliftingsmart
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At 30 you have 40L saving I'm 31 and I don't even have 10L saving. You are way ahead for your age, abhi me tere sath compare karega to rat ko so bhi nahi paega. Don't compare with anyone, grass is always greener on other side.

likefunnyhelpfulupliftingsmart

6.5 yoe with 2 lacs saving 🥲

likefunny

32 yr old.
MF: 8 lac
Stocks: 2.5 lac
PF : 15 lac
FD 15 lac
Gold: 2.5 lac
PPF: 2 lac
Nps: 3 lac
Flat nr to Mumbai, having loan pending amount 30 lac.
Any thoughts?
I guess I am saving less than guys of my age.

likefunnysmartupliftinghelpful

What are some of the best MFs to invest right now?

Recent IconRecent

I am 29yo, married for 5 yrs. Savings are 50-60k. I have 28L package with 8yoe. Salary goes in 2 homes n car emis & home expenses. Now i am feeling sad af. Stope this nonsense. Everyone has a different dynamic in life. Flexing is cool but don’t discourage others

likehelpful

True

helpful

Common man. How could you think so? There will always be some or the other person above or below you. And you have 40laks of savings at 30. And you are still sad. Please stop comparing with others and focus on your own journey. You are still way ahead than 95% of people.

likesmart

Yes

31 age 9 yoe 15L saving, 5L share market, 3.5L PPF, 10L FD, 2L mutual fund, 10L gold, 25L flat, 15L office, 2 job at same time, day time UAE client at night Canadian client, everything from scratch, did Bachelor of engineering when didn’t had money even for 10th board (by passing government exams for scholarships), made younger brother civil engineer

Tech stack: golang, typescript, php

likeupliftinghelpful

If you work like this, you won't have energy to work after 35. Pls be careful. Don't get into any medical issues. Always stay relaxed

like

Bhai yese post mat dala kar yaar..tension ho jata hai..yha saving ke naam pe sirf virginity save kar rakha hai😅

funnylike

Wo baat alag hi ki ye bhi majboori me bachi hi 🤣

funnylike

38 years, 1.75Cr equity, own house (no loan). Was earning 10 lpa till 2021. Now it's 30 lpa

likefunnysmart

Are you a Motilal Oswal's Relative?

funnyuplifting

Yes you are definitely lagging in self confidence and meaning of your life..

likesmart

32 and saving to kch khas nhi hai. Dream11 pe 49 rupaye lagata hu daily, agar kch hua to to total savings isi thread pe update karunga.

funnylikesmart

I won 88 rs in Zomato prediction league yesterday 😇 , free ki papri chaat khaunga ab

likefunny

Thanks for the answers. This is not a show off post. I am a Marwari and people don’t value jobs and non dukan work in our community hence was feeling left out

likefunnyhelpful

Dear Author, we would love to be in your position, not monetarily but professionally. As Assoc Dir at YT at 30, goodness! I am so jealous :) Please bless us with tips and tricks to crack Google and YT

like

Everyone has different responsibilities and based on that they have savings.
My husband who is earning 25 lpa with 7 yoe has no savings because he paid his education loan, spent on marriages of her 2 elder sisters and his own, repaid his father's loan, transfers money to his parents every month and their medical expenses, pays lawyer for the disputed property because of his uncles.
Whereas I had no responsibility like that except for my own marriage and hence I was able to save 20 lakhs and 2 car loans going(one for my parents and one for myself and husband) with 32 lpa with 9 yoe.
Presently we stay in a rented house. We have neither our parental house nor our own house. But I have never seen my husband cribbing or comparing with others.
Life is not the same for everyone.

like

You and your husband sound like a solid pair, hope I find someone like that

like

41 YO, more than 17 years experience under my belt. Savings 12-15L till now.. my mantra is live life to its fullest.. enjoy.. make my family enjoy.. kya pata kal ho na ho

like

Inheritance is the key here

like

I have only money in saving which came with March salary 😢
I am working in IT from 7 years 😓
But I invested 7 years of money in constructing duplex villa type house in my native.

like

I started my career with 4 lpa

I am 31. Total investment value is around: 85L. I have calculated that I would need around 2.5 Cr to finally bid goodbye to corporate sector. Let’s see if I can achieve it or not.

likefunny

How did you calculate 2.5 Cr? Can you tell what all parameters you have considered?

I knew a SBI manager who use to flex that i have saved this much i have bought this property . BY 50 I will retire . My boy is state level football player . He is iit aspirant . He does this , that . I am doing this in life .
Well guess what the money he saved to life a comforting life as he was scale 3 manager in SBI working even on Sundays all went in vain for him cause he died couple months back .
Moral of the story :-
This is kalyug everything is temporary .You just don't know what God is going to throw you with . When he going to twist your life completely . So anything can happen so show gratitude towards what you have with 30-40 lakh savings you are in top 2.5% of India in terms of wealth. And as i said
Think like this Do you like doing what you doing .
Do you get excited the next day you wake up.
Are you in good health .
Do you work out .
Do you breathe quality air
Eat quality food
Exercise .

Well if you does then you are ahead of many .
And if you don't. Lot of money gets dumped in chronic health issues

like

Very True. Same happened with my dad. He worked his Ass off to make an empire and died at 54 due to chronic health issues. He was hospitalized for one year. Our worlds were totally shattered that time. He never went on vacation and never spent on his interests. We didn't got any of his wealth as his brothers are now running his business.

Age 31 no property, 4 wheeler on loan.
2 kids , one just born and 1 studying. Nothing extra ordinary in savings. Have a stock of real friends and ample traveling. Happy and will create happy moments. You just shut up and go in depression

likefunnyhelpful

Lol that escalated quickly at the end 😂

Are BC Mera savings toh 3 lac hi hai , woh v tab jab Mai apna honeymoon pe nahi Gaya shadi ke 3 saal baad v 😂😂😂, i am 30

funnylike

Bhabhi ko Switzerland k naam pe kbtk goli doge😂

30 years, 6 years of experience, current account balance 132 rupees...😂😂🤙

likefunny

35 M
Asset --
Equity - 65 L
MF - 27 L
Crypto - 20 L
Plot - 25 L
FD/Savings account - 32 L
Flat - 60 L
Commercial Shop - 45 L ( under construction 30 percent paid for. Planning to pay all in cash)
NPS - 2L
PF - 18 L
Miscellaneous - 25 L
Liabilities ---
Home Loan to be paid - 34 L
Commercial shop pending payment - 30 L

Want to retire when I am 45, hoping to build enough passive income sources. any suggestions?

likefunnysmart

UPDATE - my equity portfolio ( MF + stock) has reached 1.6 cr in the current bill run. Crypto is now 35 Lacs due to btc and eth run.

The flat I bought is in Bangalore is now rented out ( rent takes care of emi) , moved to Pune from Bangalore (gives me a little bit of respite from inflation, rent and kids school fee are crazy in Bangalore). Booked another under construction 3bhk flat in Pune expecting possession in 3 years, used some of my FD amount as down payment for 3bhk flat.

I am 33, just barely 2 lakh savings. I actually believe life is short instead of thinking about tomorrow, live your life today, but that outfit, travel to that place etc.
I have no such regrets that I did not save enough. Only when I open fishbowl and see everyone's savings it gives me complex

like

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