How do you rate my current financial standing?
Hi, I am married 30M living in Mumbai. I have a job that pays net cash of 1.8 lpm. The CTC closes just above 30 lpa. Major expenses include a 40k monthly house rent, 20k for car emi. I try and invest about 50k in MF and equities combined. And spare some cash. Rest is all monthly expenses close to 50-60k. This is inclusive of expenses like insurance, food and drinks, groceries, shopping, fuel, general travel costs, gifting, memberships and utilities.
Any feedback or suggestion is appreciated.