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Aree bhai log tum log ke pass bahut savings h
I am a 30 year female, unmarried.
I started with working in TCS and worked there for 4 years in a peanut salary, then switched during covid.
Although my salary is decent now, but then I took home loan and spent all my 5-6 lakh savings as down payment to buy a small 1 bhk house in teir 3 city for my parents who were living in a rented house for past 15 years as they sold their parents home to afford my education.
And as soon as bought house 1 year back, my father got diagnosed with liver cirrhosis. And only option to save his life is to go for liver transplant which cost 25 lakhs minimum.
I also bought a personal health insurance by paying yearly 1 lakh premium from star health but they declined to cover liver cirrhosis. And all my premium are wasted.
No relatives are helping. and Now i am getting to know that I never had friends also as no one is helping me.
I don’t know what to do.
For past 1 year, already spent 7 lakhs in his frequent hospitalisations and medicines. We had this savings for my wedding.
Even if I sell my house which is on loan, i will get only the downpayment+emi which accounts to rs 10 lakhs only. Still I won’t be able to afford surgery for my father.
Will you guys help me raise funds for my father’s surgery? Even if you give a little amount, it can be life saving for my father
Post surgery also, there are expensive medication worth 50k monthly which I can buy from my monthly salary, its the surgery that I need help for.
Even now without any surgery, his monthly medicines cost 50k.
In which city you brought a house? Are you open to reselling it?
52M....5.3 Crores all inclusive + 2bhk apt in tier 1 city + 3000 sqft plot in tier 2 city (where I plan to settle down in future). Currently living with my parents & family in our own house without any rent. No o/s loans.
Don't share with your children 🤣🤣
34 M, 1.3 Cr including pf
Can you please explain the options selling strategy that you applied and what is the success % of this strategy? How did you handle when it failed?
32F. Saved about 30L incl. Cash, MF, RD, FD. Not including PF, NPS and unrealized gains in MF. Also, repaid an education loan of about 18L.
LoL.. Sahii hai 🔥
11 lacs in savings excluding mutual funds,other investments,. Age 29 male
Only an education loan of 3.5 lacs which i paid back.apart from that nothing else
25 M, 1 lakh (even that 1 lakh, im thinking to save from jan salary)😅
Kaha ura diya saare paise? 😂
Rising Star
32 L as FD, MF, RD Only excluding NPS/ PF or Gold Diamond (all Gifted) !!
Age : 33.6
Gender : F
31M unmarried
25L in FD
11L in MF
5L In stocks
6.5L in PF
Own one affordable house in Gurgaon worth 35L. Now staying in my hometown having own flat
Emergency cash 6L
Awesome.. Which company?
38M YOE12 years
8 lac stock
12 MF
Home 65 lac(loan closed)
Car 5lac (no loan)
Education loan paid -5 lac
Liquid 4lac
PPF pF NPS 15lac
I have spent all my savings on my wedding and gave remaining money to my parents (not sure what they did with it) after my wife made me realize that I have zero savings. I discussed with parents, they quarrelled with me 😅. Now Jan month was 1st saving. I saved around 40k and didn't take any financial help from my parents to run the house. My parents gets pension so they are saving it. As I have all their expenses covered. 31 M
Pro
So lucky being a M u earns and spent ur salary / savings on Wedding and gave it to parents and ur burden didn’t have to spend on u and they had extra earning from ur end . In my Case my parents spent their money on my education my wedding scratch to end . And they have no interest in my savings at all . I have complete salary earned with me . I have near about 32 + lakh of MF, RD , FD with me . MF is in löss ( 6%) . I wished I could have made my parents rich like you did being a M .
Pro
Gender : F
Savings : 32lakh+ of MFs , FDs , RDs.
Wedding expenses, education expenses were taken care by father.
YOE : 6 years 10 months.
Age : 33 years 6 months.
No Loan under my name as of now!
Also received Gold / Diamond in wedding from relatives (Fua/ Mama/ chacha) and parents !!
what's your CTC
30M, combined savings of: 16-17L FD, 15-16L MF, 15-16L PF.. still don't owe a house
@C1, it was just a personal preference to invest in pf instead of market linked product. Also, one of the firm had an option to select between the two options for pf calculation
33M, was at 34L including PF, now at 27L(Wedding Expenses) and 13L debt (Car) + 45 L debt (Flat). Between partner and I, our combined income is closer to 60PA. We should be closing down all the loans in next 5 years or earlier. Been working for 10+ years but saving wince 5 years. (Paycheck to paycheck life at low income for first 5 years)
Total spend was approx 15L split between wedding and the down payment for the car. My parents would have spend another 4L. Let me give you the split as well.
7L - DP for car. I had to increase my budget by for a car form 12-14L to 20-22 ( Nexon to Taigun) a decision based on heart and not head. Took a loan for the balance.
7L for the wedding.
3L - We have a custom of gifting clothes to immediate family. This alone is approx 50 ppl. Could have avoided but sometimes you have to yield.
2.6L for gold - the wedding chain and rings. This is less by the societal standards.
60K for the photo / video - we hired one team to cover for both sides. This can grow from 1L to many fold otherwise.
80K - dresses for us. This is not just wedding. Our offices had opened, we had to get few office wears as well.
1L - guests room booking, wedding cards, gift to my brother for running around (feel good factor), misc expenses.
4L - My parents paid for the wedding hall and the feast, shared with my spouse's parents. They had their own expenses such as house renovation, and guests as well.
We don't really go by the notion that the F's family have to bear all expenses of the wedding. So we split everything even when we could. Her family did resist as it's a matter of pride but we had our way.
But if my partner and I were to have our way, we would have had a court marriage, thrown a small party for our close friends and family and finished all of this in 2-3L. We would have a lower car loan and a lower home loan. Thankfully, we are positioned to cover this in next 5 years.
PS: I only spend 6L out of my capital savings, rest 8L were all profits realised over the years from my investments. My captical is still in tact, and I'm replenishing the 6L month on month now. Will take a couple of years.
29 M | 5 Lakh in PPF | 5 Lakh Stocks | 2 Lakhs MF | 1.5 Lakhs Cash | Own one affordable house in Gurgaon costing around 40 lakhs ( 10-12 lakh debt taken from family, rest paid in cash
So I think overall 40-45 lakhs were saved in tenure of 6 YOE
Good 🔥
Male, just turned 29 2 weeks ago.
11L worth of Stocks.
That's my saving.
have separate PPF, EPF, NPS, better Insurances as emergency funds.
Spent most of my money on family debts & family dreams.
And my wants too.
lol not excellon.
my current employer. a US based product firm.
1.2 Crore- including all Savings instruments.
70L home loan (did 40L downpayment + registration)
35M
26 M. Saved around 29L across stocks, bonds, MFs, NPS, PPF...
ex ZS?
32 M, married last year.
20 L - Cash
13-14L - PF
5L - Stocks
15 L - Mutual funds
40 L - Purchased 2 plots
10-11L - accumulated in LIC
25L + 1.5 L - Own 4 wheeler+ 2 wheeler( 8 Lac Loan to be paid in next 3 years )
Planning to buy house This year.
I started my career in 2010. I always saved and invested money. Like in 2015 i invested 14 lacks in land which I was able to save in 5 years. Then In 2022 i invested 26 lacks in another land. I started investing LIC from 2012 around 80k yearly. I don't drink n smoke and did not spend much on parties.
Most of the expenditure I had was house rent, food and sometimes outings with friends.
Age - 31
Male
Married
Pf - 7lac, stock market - 1.5 lac, FD - 2lac, Gold - 11 lac current value.
Self property - 45 lac current val.
Loans - 27 lac
Inherited property - 1.55cr curr. Value
Current CTC - 10Lpa
I am earning and investing since 2014.
Note - Properties valuation is quite undermined this can be even more. This does not include my wife's assets.
To start with,
25 M , 20 L (including PF, Gold investment, etc)