How to get rich with a salaried job? - Mr. Rahul Jain, a Data & AI Manager at Snowflake shares his experience of how he achieved a net worth of 5 Cr at the age of 36!
In this insightful podcast, Nikita sits down with Mr. Rahul to understand his mindset of why he still rents when his package is 1 Cr.
This podcast peels back the layers on how salary can be leveraged into significant wealth through disciplined investing and strategic life choices. From his first modest salary to a monumental 3x growth, discover the calculated steps and financial principles that guide his decisions.
Key Points Covered:
- Journey from ₹22,000 to ₹1 Crore Salary
- Building a ₹5 Crore Corpus
- Rationale Behind Renting
- Investment Philosophy and Financial Decisions
- Family Financial Planning
- Advice for Young Professionals
Timestamps:
00:00 - Intro
00:50 - Financial Journey & Growth
01:25 - I live in a Rental Flat
03:19 - First & Current Salary
04:10 - Moved to the US for 4 years
05:13 - Salary Growth of 3x
05:56 - Breakdown of expenses
07:06 - Skill set for Salary Hike
07:54 - Tax Saving Formula
08:34 - How did he learn about ‘SIP’
09:56 - Started SIP for daughter when she was born
11:54 - By 50 I want to have corpus of 50 Cr
12:42 - Life Choices and Financial Decisions
14:45 - Power of Manifestation
16:23 - Biggest challenge faced in life
17:28 - Advice for a 25 year old
#salaried #podcast #networth #investingtips #sip #mutualfunds #financialfreedom #financialpodcast #financialplanning
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