What can you do with a 30000 salary?

1. Use Simple Methods

1. i. Start Saving At Home. Keep a piggy bank at home and make it a habit to save money in there.
2. ii. Start Paying Yourself. When you receive your monthly salary, pay yourself too.
3. iii. Tip Yourself. Whenever you spend money on your “needs,” make sure you tip yourself.
4. iv. Hike Your Savings.

How do I manage my 30000 salary?

Here are some things you need to try on how to manage 30,000 salary;

1. Ensure that you buy foodstuff in bulk.
2. Pay your rent, electricity bills and water bills in advance.
3. In terms of transportation, use public means to cut on the cost.
4. Pay yourself after receiving the salary.
5. The other important thing to do is to save.

How can I invest 30K a year?

The Best Way to Invest $30,000

1. Take advantage of the stock market.
2. Invest in mutual funds or ETFs.
3. Invest in bonds.
4. Invest in CDs.
5. Fill a savings account.
6. Try peer-to-peer lending.
7. Start your own business.
8. Start a blog or a podcast.

Can I buy a house earning 30K?

If you were to use the 28\% rule, you could afford a monthly mortgage payment of $700 a month on a yearly income of $30,000. Another guideline to follow is your home should cost no more than 2.5 to 3 times your yearly salary, which means if you make $30,000 a year, your maximum budget should be $90,000.

How do I invest Rs 20000 per month for 15 years?

Invest Rs 20000 per month in 3/4 good equity mutual fund schemes for 15years. Then stop investing & start Systematic Withdrawal Plan (SWP) of Rs 1 lac per month or less from it. Can withdraw for lifetime.

How much interest can I earn on 100000 rupees investment?

E.g. if you invest Rs 100,000, interest amount would be Rs 8,400 per annum and you can expect monthly income of Rs 700. Such income should be added to your income and necessary income tax needs to be paid.

Which is the best investment to get regular monthly income?

10 Best Investment to get regular monthly income. 1 (1) Post office MIS. MIS broadly known as Monthly Income Scheme as name suggests one can get assured monthly return from investment under this scheme. 2 (2) Fix Deposit. 3 (3) Senior citizen saving scheme. 4 (4) Monthly Income Plan of mutual funds. 5 (5) SWP from mutual funds.

Is it possible to generate more than 40\% return from fixed investment?

To generated more than 40\% return from fixed investment is unlikely. You have only one option to increase capital stock market.From Stock market you can not generate fixed monthly return.