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Many people are saying that you should invest on yourself and think of investing after achieving some next level. Well, that's not going to happen if you are not disciplined. So build the discipline of investing at the early age and you will live with a abundance in your entire career. Earlier you start your investments is better for you. I am a financial advisor and here are my suggestion to new employees. 1. Ensure to take health insurance to your parents if they do not have one already. Never ever ever ignite this and regret paying hospital bill from your savings 2. You are now the bread winner of your family. They have the expectations from your parents. Ensure to cover your life with term insurance that gives a good lump amount to your dependents in case of any unfortunate event to your life. 3. Now that you covered your risks, written on building your wealth. Mutual funds are the best long term investments where you don't have to worry about where and how to invest.

4 LPA ? Invest in yourself and be capable of earning at least 18LPA then think of investment. Without good active income you can't survive. Invest in yourself and get into top 1%

Start sip in some good mutual funds

Now, try to invest in yourself by learning courses or buying some tools /subscription.

At 30k in-hand, try to save at least 10k per month. Invest in an index fund or equity mutual fund through a SIP of around 5-6k to start building a corpus, and learn to budget diligently and develop the habit of tracking monthly expenses from the very start to avoid overspending

Invest on yourself. Take certification courses or anything which will help you reach 50K in-hand salary. Then worry about investing.

No need for stock trading or crypto gambles at this stage. Stick to simple equity MFs via SIP route with a long-term horizon. Also, If you need to upskill for career growth, see if TCS offers education reimbursements you can utilize for certifications/courses.

Pehle toh congrats on joining TCS! Meri advice yeh hai ki har mahine ka ek budget banao. 50% essentials ke liye, 20% savings/investments, aur 30% lifestyle expenses. SIPs aur mutual funds shuru karo for long-term growth. Also, emergency fund banana zaroori hai.

Live frugally for the first 2-3 years. Avoid too many major expenses till your income grows. The power of compounding works best when you start early.

Consider buying a term life insurance plan early at a low premium while you're young. 5 lakh cover for ₹300-400 premium is good.

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