I was wondering how much I earned in this 9 years of professional life and how much I saved/invested… I was shocked to see that my finances are in negative and it is high time that I do something soon to recover…

 

Let us imagine I earned Rs.35,000/- on an average (averaging entry level salary to what I’m earning today) and 8 years and 6 months of professional experience which comes to 102 months… So, my total earnings till date is Rs.35,70,000/-…

 

Description	Investment	Loans	P&L
Stocks	300000	Â	Â
MF’s	550000	Â	Â
Insurance	760000	Â	Â
HDFC	Â	300000	Â
IDBI	Â	300000	Â
IOB	Â	450000	Â
Biz. Loss	Â	700000	Â
Â	Â	Â	Â
Total	1610000	1750000	-140000

 

Now I don’t know what happened to the balance from;

 

Total Earnings – (Investment + Loss) = 35,70,000 – (16,10,000 + 140000) = Rs.18,20,000/-

 

I think I’ve spent a lot than saving/investing and I think it is high time seriously work on my finances…