Rate a tier 3 college fresher’s personal finance(in IT)

[justme12345678910]

I’m 23(M), graduated in Jun 2022 with an average package of (7.5lpa)

Current take home - 60k in hand, no taxes(old regime)

Mf - 1 lakh currently(40k elss) sip for 15k pm

Fds - 35k

P2P lending platforms - 1.25 lacs(not putting more than that)(12% returns)

Money lent to roommate - 80k(he has around 10 lacs in fd which he got from crypto, will be returning around may)

Money given for family business -50k

Rent - 6k

Food + clothing + bills(me and girlfriend) - 15-20k(nagpur is expensive and I’m a foodie)

Watch - 13k

iPhone - 65k

Synthesiser -24k

Headphones - 18k(big musicophile and use them everyday- worth it even if overpayed)

With this all, I’ve been getting anxious lately that I’m not saving enough. I’ve cut in on spends. But on the other hand I have moments when I think ki paisa to kama lenge aur hence the monthly expense reaches 15-20k sometimes 25k.
I wanted an opinion on how good/bad my financing is. Am I at a bad place financially, how can I better manage the upcoming salaries. And any other thing that you thought of while reading through all of this.
Love this community, helped me raise financial awareness.

Edit : 57k pa Lic

 

[haston]

@justme12345678910 As a fresher, as long as you are saving at least 20% of your salary, it's good.

Just make sure not to get into the trap of lifestyle inflation, i.e when your salary eventually increases, put a higher percentage of that increase (ideally 40-50%) into savings.

 

[justme12345678910]

@haston So my expense should be the same as my salary increases. Gotcha, thanks