22M, earning decent salary as software engineer, I used to invest 50% of my salary for up-to 6months, I live with my parents and I have very less expenses.
Few months ago I bought a used car because I couldn’t see my parents travel in bus to go to village ( they had to change 3 buses and walk few kms).
Although the car’s price is less(under 4L), I have taken loan from my uncle to whom I pay nearly 60-70% of my salary and it might take an year for my loan to end.
And I have emptied my investments to pay downpayment and stopped investing.
u/Lanky_Exam_6766 — 9 days ago