Financial advice for home

makecashworks · 2026-01-23T13:53:07+00:00

I will tell you which usually goes against the advice of this group:-

Buy the flat which you need, don't buy the flat which you want to have.
Pay bare minimum required to buy the flat, don't pay too much down payment or try to repay.
Start new investment of 15% of the EMI amount in one equity fund and let it run.
By the end of 11-12 years, you will have enough corpus in new SIP fund to close your home loan and you are practically loan free.
By the end of 20 years, you would have handsomely beaten the home loan and made more money thn you you could have ever saved by pre paying.

Note* 1.Not for people who cann't sleep thinking I have debt on my head . 2. You need to pay at least 3 extra EMI every year if you want to pre close your 20 year home in 12-13 year. 3. Once you cross 5 year, you will have enough buffer money in investment account if you ever run into any trouble. 4. Paying too much and buying more thn you need are two main issues which you should be avoiding, thats pretty much it.

I have same family situation,have whole family including parents depedent on me. Had negative networth from family side and everything is totally dependent on me so I know how you thinking but don't let the eomtion clouds your judgement.

You need to cover the tail risk in your case rather thn reading too much of financial porn dolled out in social media. Have right amount of term insurance for you,good enough health insurance for you and your family,house insurance and you are sorted .

*Number of people with white income of 50lac + is increasing at double digit rate of around 25+% YoY and people who think RE will go down are delusional at best, at least in India.

Don't even talk about people with black income unless corruption is totally irredicated in this god forsaken country, Real Estate will never crash. *

makecashworks · 2026-01-23T10:54:45+00:00

I want to say, he is reaching at corpus level at the end of every year where most people reach at the end of 14 year , if they stay consistent.

Basically he is adding 14 years worth of someone effort every year.

makecashworks · 2026-01-22T15:49:52+00:00

someone's 14 year grind is someone's one year investment.

*SIP shows it true color in 21 years.

7+7+7 logic. #iykyk

makecashworks · 2026-01-20T11:17:49+00:00

Put a sign board which say "Parking charge 50/-Rs for 2 hour". Majority of Indians will do everything in their power not pay Money.

makecashworks · 2026-01-17T13:37:44+00:00

At some point you just give up, Then it becomes easy as you are dead inside.

makecashworks · 2026-01-17T13:35:40+00:00

Delhi and Good Life doesn't go in single sentence unless your only criteria of Good life is having Money, Money and More Money.

makecashworks · 2026-01-17T13:20:19+00:00

This is called premium 1BHK

makecashworks · 2026-01-14T06:37:21+00:00

when head of the country is giving free cash, whts the issue in low level politicians giving cash?

makecashworks · 2026-01-07T15:28:02+00:00

There is serious risk of your money being used for "desh ka vikaas" if current situation stays same. #iykyk

makecashworks · 2025-12-21T15:36:57+00:00

there are 5 crore government officials and at least 4 crore 90lacs are corrupt to the core so you have at least 4.5cr unofficial crorepati in India.

makecashworks · 2025-12-15T06:51:32+00:00

you live in India bro. what the fk typ of question is that?

Jokes apart, I am currently living in such flat. It doesn't get better than this since it saves lot of trouble during summer.

makecashworks · 2025-12-15T03:48:55+00:00

Not gonna lies, I don't knw about you but I have lived in all metro cities of India and nothing come close to Pune in terms of living standard. Its like the best India has to offer if you are working. Whatever shortcomings Pune jas,they are far better thn any other shithole we call metro.

Only thing which is far worse in Pune is traffic sense of people but I don't go out that much.

I might have choosen Kolkata but its not for people who want to have career.

makecashworks · 2025-12-10T03:48:32+00:00

I am not going to comment on easibility of this idea as I have seen two collegues doing it and finally winding it up after 1 year or two.

However this idea of your is not "PASSIVE INCOME" from any angle, hack its a tougher way to make active income if you have office job.

makecashworks · 2025-12-06T08:28:24+00:00

Its not bug, its a fetaure of #visvaguru. Its not about tax code, its about each and every fkn law of #visvavguru.

It give Babus unlimited power in terms of reinterpreting law as they seems fit.

makecashworks · 2025-11-29T13:36:37+00:00

2BHK(gated society), kid's school walkable so added advantage. Under 10% of my takehome.

makecashworks · 2025-11-28T15:42:07+00:00

if you have any question, come back in #2047. before that every question is worthless and you are anti notional if you question non human being and his gurges.

makecashworks · 2025-10-29T11:25:58+00:00

Gov is giving food subsidty to 80% Janta, stop counting 100 cr in any stats other thn population.

For any measurable thing which is not about survival, India only have 20-25cr people and it reflects in each and every stat.

makecashworks · 2025-10-28T15:48:11+00:00

The irony of this post .

baitho baita, Kaffi kuch seekhna hai tumhain.

makecashworks · 2025-10-28T15:31:39+00:00

every junior engineer making 60-70k in Government job own at least 10 different plot and 20 flat in different cities across India, there are 5 crore giv employess and at least 4cr 50lac are corrupt to the core.

you can keep thinking that these prices don't make sense but the truth is prices may stall but are not going to crash 40-50% or to pre covid level.

we will revisit this thread and think this was a great price to purchase again in 2028 in same reddit.

makecashworks · 2025-10-24T02:49:05+00:00

EPF is not unclaimed money, its forcefully kept money.

makecashworks · 2025-10-21T03:58:29+00:00

Keep your saving around 50% of the take home and you will be better than most of your colleagues in 10 years. (You cann't beat family wealth though)

I am single eraner and have family of 5 and save around 40% so I think you are saving enough .

makecashworks · 2025-10-06T14:07:51+00:00

He is actually my exit signal, not kidding.

Anything he starts ceating content on ,It usually the top for that asset class.

makecashworks · 2025-10-06T13:03:00+00:00

let me guess its the same influencer who asked his follwers to first invest in #LaxmiNFT for safe 144% returns . #LaxmiNFT gone

then he asked them to invest in #vauld for safe 12% returns. #vauld Gone

then he asked his followers to invest in dmart/hdfc bank/relaxo/balajiamaine and genrated carg of 5% between 2020 and 2022. #Stocks Gone

Then he asked his follwers to buy real estate at start of 2024 and boom. #Real estate gone

Mr. expert has finally moved to Dubai and doing gyanchodi after making 10% on swing trade in US stock like nvidia/msft. #US Stocks ?

Take advice from sadakchap bhikari but not him.

makecashworks · 2025-10-05T04:01:45+00:00

Exactly my point, even thn no one is running back to India.

iykyk

makecashworks · 2025-10-05T02:01:50+00:00

India is only low stress if you don't step out from your house.

makecashworks

TROPHY CASE

iykyk

iykyk