So hey guys, I'm 22, my current income is 7000 AED/month
Currently my expenses are:
1350 rent(could be 1500 from next month)
675-700 AED food(475 tiffin + 200 for extras)
1000 AED given to family
500 miscellaneous
Remainder- about 3400-3500
I have aimed of putting aside atleast 50% of my expenses
Out of this, I have thought of saving 2000 AED as savings
And remaining 1-1.5K aed investment every month in stocks, MF, etc.
Also, I'm new to investments and stocks, if any piece of advise related to it, please feel free to help.
What do y'all think of my current savings+investment?
Need advise for 7000 AED expense
byu/Joker_420_69 inpersonalfinance
Posted by Joker_420_69