What should be my monthly earning and "Want : Need : Save" ratio to maintain a true middle class life style?

[smakash111]

Feel free to ask more questions and advice

 

[17ysaurabh]

What should be my monthly earning and "Want : Need : Save" ratio to maintain a true middle class life style?
Feel free to ask more questions and advice accordingly.


Bangladeshi Flat/Home Owner, 1st generation Lawyer (Highly Inconsistent Income), Unmarried, 32 years old, 5 dependents, No intention of leaving the Country ever.

Future Target - Good Car, Marriage by 35. No intention of Taking Dowry. Good Car is easily over 10 Lakh Taka and Yearly Tax for a 1500cc Car is 35,000 and salary of a Driver is 15,000 per month.

> Home Loan left 12.8 Lakh at 10%
> Inflation 15%
> Fixed Deposit 23 lakh at 11% return
> Stock Market is unreliable
> Insurance policies are not attractive here in Bangladesh compare to India
> 2026 gonna be a very bad year for Bangladesh financially according to the experts and Sri Lanka like situation may arise.

Why don't you start investing in Global stocks?
I think that should help you.
Whatever you are keeping in FD seems like is not helping as it's not even more than the inflation.

 

[smakash111]

Why don't you start investing in Global stocks?
I think that should help you.
Whatever you are keeping in FD seems like is not helping as it's not even more than the inflation.

What's the minimum ticket size and how can I do it?

 

[17ysaurabh]

What's the minimum ticket size and how can I do it?

I use the INDMoney app for investing in Global stocks like Google, Amazon, Netflix, Tesla etc.
There are many other apps like the Groww app.
There is no minimum ticket size for any of these. I don't know about other stocks.
I would suggest doing your research before investing in any Global stocks.