How much money you think you need to save as reserve fund before starting a startup to survive pre revenue days?
Or you think starting as a side hustle with job will work? ( Not suitable for me)
Reserve money = food + rent (survival)
I am 28 years old and have 32L in savings. 1L monthly expenses 3.2L monthly income through jobs other passive income sources.
If I start saving 2L per month in the next 12 years 2.88 Cr. Let’s consider with job switches and increments this amount re
"𝐓𝐡𝐞 𝐏𝐨𝐰𝐞𝐫 𝐨𝐟 𝐏𝐚𝐬𝐬𝐢𝐯𝐞 𝐈𝐧𝐜𝐨𝐦𝐞"
1. Mindset Shift
The book emphasizes changing your mindset from trading time for money to creating income streams that work for you.
2. Types of Passive Income
It explores various passive inco
Struggling to budget your rent? A good rule of thumb is to keep your rent at **30% of your monthly income** or less. This ensures you have enough left for savings and other expenses!
I know a lot of us want to start their own startup but before that I think we should work hard and create a passive source of income that can generate 2-3 lacs of profits every month. This should not take any badwidth of ours after it is established
See More
13 replies14 likes
SHIV DIXIT
CHAIRMAN - BITE INDU... • 11m
People are taking FSSCI licence and make account on Zomato, swiggyy and then they are reselling food items of local street Vendors. 🔥 Great idea for daily passive income and most of them are making great income.
Source - sudden growth in cloud kit
Ankur Warikoo and other finfuencer won't say you This!
They just keep explaining COMPOUNDING COMPOUNDING AND COMPOUNDING. They say invest in your 20s and see magic of compounding, no matter what's your income but rather the most important is to hav
