Here we go, I'm 22M this is my first job and today I will receive my first salary but you we all get several thoughts about how to spend it.. Literally I am thinking alot from 2 weeks even though it's small(26k). My thoughts are;
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I am thinking to buy a mobile bcz I am using this mobile from 4 years it's unconditional now to use also using it to remember as i bought with my first salary but I am thinking that I can't use this whole to buy mobile bcz again have to pay rent 9k and all groceries.. for this again have to ask my parents if I buy mobile.. I am literally clueless..
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I am thinking to buy saree for my mom with first salary to remember as a golden memory to me... But my mom not intrested in sarees and not outgoing.....
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My father said that at starting day of my job you don't need to give money home use it for buying your mobile and german lang courses as I am planning for my masters in summer 2025...
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I am aware about stocks and mutual index funds a long term investment and compounding. Literally i am thinking from my btech to invest in stocks not trading but very less aware abt it, will start with small capital. I am intrested to invest but donno which one to select have to research a lot before it. What you you guys suggest me which one(mutual funds and shares) to invest as a beginner with small capital(5k)? I know it's not correct to ask but just for awareness i asked..
What did you do when you had your first salary? Or, if you were to go back in time, how would you spend yours?
Your suggestions will lead me into a meaningful investments... Please share your opinions regarding my thoughts....
Thank you a lot.. Happy weekend...
Submitted November 28, 2024 at 11:10PM by sunilnallani611 https://ift.tt/7U0kVyR