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Wanted to share a small victory I had recently .
I earned 10 Lacs (1 Million) Indian rupees using my Job/Business . Bulk of it came from my job ,a small portion came from business .
I have created a fixed deposit account in one of nationalized bank and it is now earning me handsome 7.1% interest rate . (per annum)
Though small I am earning 5000 Indian rupees per month without lifting a finger now
. I hope to continue earning(this time bulk through my business) and saving as much as I can so that one day I can earn my entire livelihood through income from bank interest . (I would love to earn through Municipal bonds,Government securities etc but I am not well versed at them at the moment,plus I am busy building my business. Once I attain financial freedom I will learn this path too)
For a family of 4 you can easily survive in 30-35000 INR a month in my country . I aim to reach this goal as fast as I can to win my freedom .
A big thanks to MJ and Fastlane forum who keep me motivated and on my track every day
I earned 10 Lacs (1 Million) Indian rupees using my Job/Business . Bulk of it came from my job ,a small portion came from business .
I have created a fixed deposit account in one of nationalized bank and it is now earning me handsome 7.1% interest rate . (per annum)
Though small I am earning 5000 Indian rupees per month without lifting a finger now
. I hope to continue earning(this time bulk through my business) and saving as much as I can so that one day I can earn my entire livelihood through income from bank interest . (I would love to earn through Municipal bonds,Government securities etc but I am not well versed at them at the moment,plus I am busy building my business. Once I attain financial freedom I will learn this path too)For a family of 4 you can easily survive in 30-35000 INR a month in my country . I aim to reach this goal as fast as I can to win my freedom .
A big thanks to MJ and Fastlane forum who keep me motivated and on my track every day
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