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
Posting as :
works at
You are currently posting as works at
Highlighted IconHIGHLIGHTED

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

andhi daud hai bhai kitna bhi kama lo bacha lo kam he lagta hai. 😂
log 5L savings me bhi khush hain kuch 5cr ka baad bhi rote rehte hain अंत हीन है यह भावना

funnylikesmart

34F
Flat worth 1.4 cr,
Home loan : 20L
Ppf: 8L
MF: 6 L
Gold: 18L

funnylike

@TCS - please tell whats your current package.

Bro, I am 27, I have zero savings even though my package is decent, Kis kispar family responsibility jyada hoti hai toh save krna possible nhi ho paata. so don't compare.

like

I feel you bro.

That's really a good saving at the age of 30. I'm 26 yo, have savings of just about 2-3L but I will be receiving big sum of inheritance from my parents

likefunny

3.3cr of inheritance is just a 2-3bhk in Mumbai.
Roti aur kapda kamana hi padega

like

Bhai Sach Sach Bata... tu yeh post Daal ke sab ke maze lene aaya hai naa... being Chatur

funnylike

100℅ ... Mann mein comments padhke " idiots " bol raha hoga sbko

40 lacs is too low man.. you have to do something very quickly else you cannot survive in this selfish world

funnylike

Bhai bhai bhai….
You’re way ahead …
I’m 28. No savings. All went down in redoing our house.

like

31 years old. 10 lacs salary with loan of about 1 lakh.
No savings. No nps, no ppf, no gold. No house of my own. No Marriage, no gf and overweight by 25 kg.
While writing this, I felt like I failed in life.
Be grateful for what you have.

like

Bro yes you are a failure and you accepted it. You overcame the first challenge. Now try to do something about it.

I have six years experience, have only 15 lakh saving, out of which 12 lakh will be spent during my marriage, Can't see what is your concern brother?

like

Why waste so much money on marriage bro? Have a registered marriage and a grand reception. It will be done within 3. Rest will be your down payment for your house.

likesmart

I turned 25 this year. And my savings reached 1Cr. I am debt free.

ps: I am very lonely and suffer from countless disorders. I don't see why life is relevant.

like

Perfect

like

Such kind of posts are very depressing, the way our society wants us to have a XYZ number as salary/savings/retirement plan also a hefty loan to buy house we might not ever fully enjoy. Today's 4 lac is tomrws 40 lac and later on 4 crore or 4000 crore these will never stop. Today's billionaire is someone who wakes up healthy everyday. If that's not your value of life then you have already failed in life. Live in present, enjoy this beautiful journey called life 🙏

likehelpful

This is a great reality check for all of us whether we are doing good or need financial improvements.
Here is mine, need all of your feedback
Age: 31years
YoE: 8.5years of
FD: 9L
PPF: 9L
LIC: 3.2L
MF: 1.5L
NSC: 50L
RD: 2.1L
PF: 9.15L
NPS: 2.6L
Equity: 3.2L
Liquid Fund: 9.78
Total: 99.53L

How am I doing, only honest feedback please

likefunny

😭

I am 29 and havin bank loan of 12lakh.

likeuplifting

Bank loan of 27 Lakhs and no job. M28.

like

I am 33 with 8 tears of exp an literally no savings. You are very well positioned. People save a lakj even after 5 years and you have saved 40.

Invest the money, enjoy life and dont worry 😊

like

I am 35, all my savings are put in real estate, still having 20 lacs loan pending, real estate value would be 1.5 cr after 2 years, till that time hopefully my loan is also cleared

likefunny

Good thanks for the info
I believe if the amount is big Real estate is always good bcoz goal should be more tilted towards asset preservation and any returns on top of inflation are boon.

like

from what I have learned. Paisa aayega aur jaaega.. Saving shouldn’t be at the cost of enjoying life

like

Sir ye kaun si line me aa gye aap... abtk lifestyle, package insb ka comparison ho rha tha aur ab savings ki bhi comparison.

We need to stop comparing things with others. No matter what effort you put in, you will always be lagging because the reference line keeps changing when you start comparing with others.

Aise to Ambani ko reference bna lo sb...fir bolo qa chindi paise hai sbke paas.

Life me references khud k past aur current state ko bnao and see kitne aage aa gye uss reference se...

likeuplifting

Bilkul, completely agreed.

I think I saw this kind of posting on quora 😉.
Is 90LPA too low to survive in bengalore ?

funny

26 M , 5 YOE :

PPF - 10 lakhs
PF - 2.5 lakhs
Stocks - 6 lakhs
MF - 3.5 lakhs
Cash - 7 lakhs
FD - 4 lakhs

Total - 32.5 lakhs

No house ,No car, No loans , No debts

CCTC - 17.5 lpa

like

No savings, but with a lot of money in loans.

at 31 I found a beautiful woman, we intend to start over. Undo and redo the things that held us back. Good to know our country and its men are prospering.

like

Related Posts

What salary should a second year analyst make at ZS in Washington DC?

like

I have joined Accenture last year . Can anyone explain me the hike system for lateral joinee .

like

Got a offer for 16lpa fixed for Associate 2 at Bain with 3.5 YOE?
Any idea what's the range and should I negotiate?

like

If I had a realized capital loss in stock last year can I use that to neutralize any realized crypto gains this year ?

Can one do an sip or increase amount in coffee can portfolio gradually instead of a lumpsum investment?

like

Hi fishes, Had discussion with TCS HR and he told he need to take approval for 21.5LPA as my current CTC is already on an higher level, My YOE is 7+ now , Will they offer me 21.5 lpa? Does the approval take place in TCS or just HR is ghosting me ?

like

Any recommendations on anything apart from coinbase to buy BTC in usd? I am unable to find any platform using it. Please let me know if you guys are aware of any cheaper alternative. Want to try altcoins but looks most need BTC which in the end can only buy on coinbase. It takes higher fees and time for buying.

Which trading platforms do you use in India??
As a NRI, how do you guys plan your investments?

What’s your take on Lydecker? What is the culture? Market salary? Expectation on billable hours? Mentorship? Etc.?

like

Hello all at Novartis ,

What is the role Technical design expert equivalent to in the other firms? Is it the Architect role or a different one? Also what is pay range for this role for 7 year exp individual with the current ctc being 35LPA and the tech stack is Azure? Thoughts please?

like

What is the promotional hike in GSK? Grade promotio or level promotion.

like

How much can I expect monthly in hand salary in Infosys?Infosys

Also how much would be the yearly CTC.

Post Photo
like

What will be in hand salary in Walmart ?

Post Photo
like

Hands on Skills in COBOL,DB2,JCL,VSAM

I have been looking for job change and when I speak to HR's with the expectations of around 25 LPA fixed( my current salary is 15 LPA)... Most of the companies are directly rejecting my profile saying budget issue...

But is it really more that i am asking for or is it because of the my skill set?

like

Dumb question: can I set up a solo 401(k) through my RIA? Or does that type of account always go through a B/D? Cont.

like

Anyone know what’s the salary of a Director PwC india ?

like

Totally, new to cryptos and thing of buying partial BTC. Someone told me BTC sell is hard and different from stocks. Is it easy to sell ? Is there a thing like someone should be there to buy a BTC in order for me to sell? Can anyone pls explain crypto trading?

like

Glassdoor:
Do people here find that their salaries are in line with Glassdoor reported salaries? Do you feel these are reliable numbers to use in a salary negotiation with your existing firm?

like

Hi Fishes, need urgent help

Gartner offering 15 lpa + jb, UKG offering 16.5 lpa + jb, which one should I select, I am concerned more about technical growth and long term growth rather than short monetary gain. Please help to decide.

YOE: 2.1, Tech Stack: Azure, Java, Spring Boot

like

Hello All,

I need an quick suggestion from all experienced fishes 😀

YOE: 8.2
Tech: Full Stack Angular with .net
Current CTC : 15.4
Location : Pune

Am expecting an call for salary discussion anytime soon.


Interviewed for project which has below technology:

.Net Full Stack, Angular, Azure
Location : Pune

Could you all advise how much TCS could strech and how much I should ask them 💰..

PS: I don't have any offer in hand. This would be my first offer for this Season's Job Hunt 😺

Thanks

like

More Posts

Any ladies want to chat? 25M here, in the Northeast but location flexible.

like

How long does it take to get an offer letter once the mail offer is discussed and thru..I have been waiting for more than 10 days but there is no approx. TAT indication

like
like

Any insight on Baker Hostetler Orlando? Pay scale, hours, wfh ability, general vibe of office?

like

Has anyone tried to get an extension on an offer and they push back?

like

Hey y'all. What would be a good salary for a senior consultant at Protiviti in the Midwest mcol? I tried checking Glassdoor and Indeed but they just give national averages.

like

What are your thoughts about a transfer from the US to London? Is this something EY will allow? I am a Manager in Data and Analytics, a SMR in Adobe Analytics. Do you have many Adobe Analytics projects?

like

Are our minds, as asians, just wired differently?

like

Hey Fishes ,
I am a QA/SDET with 8 YOE , good in building framework for UI and API Testing , right now working on improving coding (DSA) and AWS (SAA certification). I am at 25 LPA now and my aim is to get in FAANG what all i need to get in my bucket to crack that (or atleast improve my chance of getting in ), please guide me .

like

Hii all
I have 3 year of experience. Skill. Java backend developer.
Ibm is offering 13+1.5jb, 6b band application de
I have another offer 15fixed+1.5jb.
Will ibm match the offer letter?
Please reply.
TIA

like
like

Hi Friends,

I am looking for manager position in Stat Audit department with any big4 offshore practice. Location should be Delhi NCR.

Please let me know if you come across any such vacancy.

Thanks

like

How is asset and wealth management service line in EY GDS? How much work pressure and growth opportunity we can expect?? EY EY India

like

Anyone from Leidos? Anyone? ...... *crickets*

like

I interviewed for a job in a diff location and during interviews they asked me multiple times how I felt abt relocating. I said it was fine, but the more I think about it the less I’m open to relocating. I now have an offer from them, is there anyway to negotiate no relocation? They are remote until mid year 2021. I’m Happy to fly in on a monthly basis but I don’t want to move there.

like

Hello,
Im a special Ed teacher and new to AZ. Is there a good teachers credit union anyone can suggest? Thank you

Freelance creatives, how do you get medical/dental coverage and insurance (assuming you're not relying on a partner with coverage)? Or do you pay out of pocket for each expense?

like

Best way to find an apartment in DC?

like

What are some of the best certifications to obtain besides CPA?

like

Guys try Amazon Heera for nice desi movies if you haven't already :)

like

Additional Posts in Offer Negotiations

What is the approximate package offered in a product based company to "Software Engineering Manager" with 15 years of total experience ?

Just wondering about how is the WLB in HSBC account of Synechron, Pune? I am reading so much of pros and cons on Glassdoor and here. Some are saying the cons like Hire and fire are a FAKE news.

I have the highest offer in hand from Synechron with HSBC client. Please help me make up my mind whether I should join them or not..?

I have another offer with LTI as well but just a marginal difference in pay, and the Location is Mumbai. Should I choose LTI instead?

Please Help!!

#LTI #Synechron

like

I am a Strategic Sourcing Manager with 7 YOE in both direct and indirect spend across various industries (Life sciences, IT and Insurance) I have been offered a role with Fidelity for 13 lpa + 1.5 variable. Offer seems better than the national average for similar roles but I feel I would be underpaid based on the current market, my skills and value I will be bringing to the table. Any suggestions for offer negotiations?

like

Hi Folks ,
I got offer from Thoughtworks and Allstate with almost same compensation .Which one is good in terms of WLB , learning and Job Security ?

like

Hey Fishes,
I am making my first switch. What should I tell my current manager on why I want to leave ?
He is the most dramatic person I have ever seen. I don’t have much experience in these kind of corporate talks.

Yoe : 2.1 years
CCTC : 3.9 LPA
Offered: 7 LPA

like
like

Does HCL technology stop giving Joining Incentive?

like

Fishes, pls help with likes to enable DM. TIA.

like

I'm waiting for an offer letter from another company, am currently on bench and based out of bangalore. Had following questions:

1) will Deloitte usi provide early release or ask me to complete full 2 months of notice period?
2) my new company will be in bangalore, can i still ask for relocation amount considering in Deloitte it was wfh?

like

HELLO Fishes,

How is BA Continnum regarding work life balance and will there be any bonus ?

like

Hi folks, I just want to know the chennai branches for Citi. Specially in OMR exactly where do we have Citi offices?

like

Helo everyone,

I have put down the papers from infosys and my LWD is near . I have to choose between DXC with 22 LPA and TCS with 18 LPA . I am a mainframe developer with 11 years of experience.
I have asked TCS to revise the salary but that seems unlikely that they will match the difference.

I am a mainframe developer with 11 years of experience.

Please let me know your inputs .

likehelpful

Years of Experience: ~6 Years
Prior Compensation: ~ 30 LPA (FIXED) + 12 LPA( ESOPS) -> ~ 42 LPA

Company: Microsoft India
Title/Level: L-62
Base: 38 Fixed
Signing Bonus: 8(6+2)
Stock bonus: $80k for 4 years
Relocation: Basic + 3 Lac
Bonus: 10-20%
Total comp- 38+6+15 ~ 59 LPA

Company: Oracle
Title/Level: IC3

Base: 43 Fixed
Signing Bonus: 10(5+5)
Stock bonus: 1200 RSU for 4 years
(CTC): Rs. ~66 LPA
more inclined towards Microsoft, but they are offering less
Need suggestions Microsoft Oracle

like

Hi all,

I have a offer from
Perficient and joining in 2 months time. Question :
1: how is the company in terms of job security and projects? I work with web analytics
2: How is the hike and work life balance.
3: Attrition rate
4: Hike is good but will it be a safer vet like Accenture Operations?

Need some views from people working there.

Thanks in advance.

like

Hi all,

What will be the in hand salary for this salary structure.

TIA!

Tata Consultancy

Post Photo
likefunny

Hello guys,
I am looking for opportunities in Risk Management, Risk Reporting, Model Development, Model Validation. Do ket me know if there are any vacancies in your companies.

like

What's is average salary for Application Engineer level 4 at Google ? Also how much time it takes after team matching for HC to evaluate and come back with an answer ? Google

like

CCTC - 17
UKG offer - 22 Fixed + 1.76 Performance bonus
YOE - 6.5
Any suggestions?

like

Anyone know post resignation process of Deutsche Bank ?

When is FnF settled and experience letter is received?

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