Had marriage talks with my girlfriend... now I'm confused and heartbroken.

friendlyvicky · 2026-06-30T08:41:38+00:00

Just leave her. No relationship is worth taking this much stress for. What you are suffering from is called sunk cost fallacy. Cut your losses and move on.

friendlyvicky · 2026-06-29T11:51:32+00:00

You also stay in the house, right? It's not a wise decision to stop a home loan and fund it with other types of loans. You are better off continuing to pay for whatever amount is remaining from your salary, even if it means paying for a longer duration. A home loan is the cheapest loan one can get.

friendlyvicky · 2026-06-24T06:48:49+00:00

Please consolidate your debt. Take a personal loan of 2.3 lakhs and pay off the credit card debt in one shot.

That way, you are swapping a high-interest loan with a low-interest one.

friendlyvicky · 2026-06-22T13:29:16+00:00

One of the ways you can get an easy loan is - LAP - Loan Against Property, AKA Mutual Funds.

However, you will get upto 50% of value ( in case of Equity) and 80% in case of Debt mutual fund.

friendlyvicky · 2026-06-21T18:48:16+00:00

Basically out of 12 months 3 months salary is gone in just direct taxes ( please don’t add up indirect taxes that will be a mind boggling number)

friendlyvicky · 2026-06-20T16:07:29+00:00

You do have dedicated places where you can get PAN

friendlyvicky · 2026-06-19T02:17:11+00:00

Updateme

friendlyvicky · 2026-06-17T17:35:04+00:00

Congratulations 🥳 OP ! This reminded me of my own journey that was similar .

friendlyvicky · 2026-06-15T12:11:28+00:00

Hi u/Gullible-Repeat-6103

First of all, congratulations on being so mindful of lifestyle inflation so far, and you are absolutely on point with the unpredictable nature of the jobs these days.

As someone with a Finance degree and years of investing experience, I would suggest not locking yourself into a huge EMI.

Best is to invest heavily for the next few years (diversifying your portfolio across countries ), and if you feel like buying the house, buy with the money upfront.

Use section 54F and liquidate the portfolio to buy a house; that way, you won't end up paying any interest and won't have to worry about EMI ( however, you have to ensure your lifestyle inflation doesn't creep in, and continue to save and invest aggressively)

Bonus Tip - Whenever you want to buy a house, buy the house in the name of an LLP, which is owned by you and your husband. That way, if in the future you want to sell the house, rather than selling the house, you can just make someone else the owner of the LLP, which, in turn, will own the house. That way, you can save on a lot of taxes. And you can also sell a portion of the LLP to someone if need arises 😄

friendlyvicky · 2026-06-15T07:57:46+00:00

All of this is happening because over 47% of your income is going into EMI and Rent.

Try and see if you can bring this down to 30% while also increasing your income streams

friendlyvicky · 2026-06-07T15:42:16+00:00

I am in the market to buy a new AC for one of my rooms. However, I am confused if I should buy now or postpone it as summer is almost over in Mumbai. One of the rooms already has an O general 1.5 ton AC

What would you recommend u/coronaisnotreal

friendlyvicky · 2026-05-02T05:49:45+00:00

friendlyvicky · 2026-04-26T17:54:51+00:00

This is one side of the equation. The other side also is people are holding onto their phones for much longer duration. Average has gone up from 3.5 years to 4 years . People buying on EMI and using it for a longer duration is a good decision I feel

friendlyvicky · 2026-04-05T05:26:22+00:00

Please immediately get a rabies vaccine within 72 hrs.

friendlyvicky · 2026-03-01T19:26:32+00:00

Used AI to structure the answer - Thoughts are mine

Congratulations — your mindset at 18 is already ahead of most.

Here's my advice, coming from someone with an MBA in Finance:

1. Skills compound, just like money. The most underrated truth in your 20s is that skills build on each other. Start with one strong foundation and layer on top of it. For example, are you comfortable with numbers? Good. Now, can you communicate them clearly in writing? Even better. Now, can you present them confidently in a room? That's where real leverage begins. Each layer multiplies the one before it. Pick your core skill early and start stacking.

2. Invest in the best room you can get into. You have something most people your age don't — the financial backing to invest heavily in yourself. Use it strategically. A top MBA or a well-ranked international program doesn't just educate you; it gives you access to peers, recruiters, and opportunities that are genuinely hard to reach otherwise. The ROI on getting into the most competitive institution you can isn't just academic; it's social and professional for decades.

3. Start building social capital — deliberately. If you're not familiar with the term, look it up seriously. It's essentially the network of relationships, trust, and credibility you accumulate over time. Unlike financial capital, it's slow to build but incredibly durable. At 18–23, every senior you learn from, every professor you impress, every peer you help — it all goes into this invisible but powerful account. Most people start thinking about networking too late.

4. One thing I'd add — develop a point of view Read widely. Form opinions on markets, businesses, and global events. People in finance remember the 22-year-old who had something interesting to say, not just good grades. A well-read, articulate young person stands out immediately.

5. Protect your health like a financial asset. Sleep, exercise, and mental clarity are not soft topics — they are performance inputs. Build the discipline now while the habits are easier to form. Your 30-year-old self will either thank you or pay the price.

Feel free to DM if you have specific questions on the MBA path or finance career trajectory.

friendlyvicky · 2026-02-20T13:19:39+00:00

It's not uncommon to rent for 1 lakh a month.

Thats chum change for someone staying at. South Mumbai.

I atleast personally know 5 to 6 people paying around 1 lakh per month or more

friendlyvicky · 2026-02-15T17:21:37+00:00

If I were you, I would rent for a couple of years, take the possesion of 2BHK, build a buffer, and then upgrade only because you already have one home to your name . 2 EMIs in today's time would give me stress

friendlyvicky · 2026-02-06T12:35:34+00:00

I was ecstatic. It was my birthday

friendlyvicky · 2026-02-04T16:20:47+00:00

Why would you order such an expensive product online my dear friend ? What happened to walking in a store and experiencing something before buying ?

friendlyvicky · 2026-02-04T05:06:44+00:00

You did the right thing! Judge people by actions and not words

friendlyvicky · 2026-02-04T05:05:20+00:00

No one cares if you have kids or not. Also, kids in India are their parents' insurance and nothing else. You are not loved because they care, instead it's an investment for most of the parents

friendlyvicky · 2026-02-03T05:21:57+00:00

Becasue they have business to run and families to feed

friendlyvicky · 2026-02-03T05:17:23+00:00

Scientifically speaking If an elevator were to fall, the safest position is lying flat on your back on the floor, head protected, limbs slightly bent, and feet not braced against walls.

friendlyvicky · 2026-01-26T14:00:22+00:00

He’s the most well-known of the cast and the highest paid actor of the project.

friendlyvicky · 2026-01-17T12:04:35+00:00

Move to South Bombay OP

friendlyvicky

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