First Milestone Reached, 26M (1 crore Networth)

[30silvercoins]

@bflem1986 Bro I started job at 26 so that’s a start keep going

 

[resjudicata]

@bflem1986 Arey bhai tu zinda kaise hai?

 

[bflem1986]

@resjudicata Bus Zinda hu yehe laga le

 

[aladham910]

@dmscotland 1 cr at 26 is tremendous. Congratulations

 

[megan26]

@dmscotland Damn this is actually my goal too!! Can you share how much Inhand you get so I can use that as a ball park?

 

[dmscotland]

@megan26 About 1.55-1.6L. This is after the deduction for ESPP (23K).

Monthly spends are around 20-40k. The savings buffer is maintained by intermittent performance bonuses and cash rewards.

 

[tim_h]

@dmscotland Do you not have rent/education emi and stuff how do you manage with 20-40?

Not hating but this is like a wake up call for me so would like to hear you out

 

[dmscotland]

@tim_h Rent and amenities are around 15k. Additional Expenses run around 20-25k when I’m in the city of work, and around 5k-10k when I’m in hometown.
So a total of about 20-40k.

No EMIs. As I said, this isn’t fed just by the monthly salary. I’ve periodic cash bonuses and yearly bonuses that keep this going.

 

[megan26]

@dmscotland Mind I ask you what is your CTC?

 

[dmscotland]

@megan26 I’d net about pretax 52L in 2023-2024 FY. This includes cash and bonuses and RSUs and couple other reimbursements from the company.

Would probably increase by 20-25% in the next increment.

 

[megan26]

@dmscotland Damn! Congrats bhai

 

[jesusdaughter155]

@dmscotland Congrats. Just curious how much in hand comes per month (excluding stocks) for such CTC ?

 

[endtimesaware]

@dmscotland What's the breakup of this if you don't mind.

 

[sophrosynyte]

@dmscotland Bhaiya, you have become my role model now.
I'm so happy for you.
I'm also going to try reaching the same goal before 30.
Keep it up and prosper more in life ahead of you.

 

[dmscotland]

@sophrosynyte lol thanks Chotu! You could do better than me!

 

[keepupwiththetruth]

@dmscotland The math ain't mathing.

 

[dmscotland]

@keepupwiththetruth You are correct! Forgot to add GOLDBEES. Thanks!

Otherwise it was netting around ~95L.

 

[rltrdc]

@keepupwiththetruth Yeah it’s coming around 95

 

[dmscotland]

@rltrdc Yes! Forgot to add a component. Thanks for pointing it out!

 

[esterlyn]

@dmscotland I’m 35 and am at 52L…congrats though