Back

Anonymous

Hey I am on Medial • 1y

I am a fresher in Bangalore with an in-hand salary of 56k. Here's how I spend it- 1) Rent- 12k 2) Food/Groceries- 5k 3) Gym/protien- 4k 4) Going out- 10k 5) Sending home- 15k 6) Misc- 5k I'm left with around 5k-ish. I was wondering how should I i

Nagendra Rao

Your home on Autopil... • 1y

I can understand making more money equate to spending more. Don’t forget the factor of inflating your lifestyle. That leads to overspending. Always follow the 3x rule. Making sure you can comfortably afford what you buying 3 times over. Only then decide to spend. Eg. gym for a year is 12k or 10k make sure you have 30k or 36k in your bank so you can comfortably afford it. Never forget 3x rule. 👍🏾

Recommendations from Medial

Jayant Mundhra
•

Dexter Capital Advisors • 2m

For every Re 1 earned, this bleeding but super-important PSU spends Rs 1.5 on salaries, Rs 0.7 on pensions, and loses Rs 2 overall 🙏🙏 Surviving deeply on taxpayer money, this is India Post: - Rs 12k crore revenues, Rs 36k crore expenses - Rs 18k

4 Replies