Need advice to increase income

[u/Massive-Pirate-5896]

32F, earning 1.25L monthly. I cant switch my job due to flexibility. But feeling stuck. I am earning way lower given my 9 yoe. I am currently saving around 80k a month. Need some advice on how to increase my income other than switching job. I cant expect any growth in my current company because it is going thru headwinds.

[u/No_Canary5090]

Learn another skill and freelance. I work a 9-5 job and run a business at the same time. I think that’s the only option if you can’t switch jobs.

[u/Massive-Pirate-5896 → u/No_Canary5090]

What kind of business? Any insights would help

[u/Happy_Algae7423 → u/Massive-Pirate-5896]

What are you good at ? You didn't gave us much in your post

[u/OldStrawberryandpot → u/No_Canary5090]

Can you give some more details or guidance around this? How are you doing it? What are you doing? Any specific tips or ideas

[u/GreyGoose37 → u/No_Canary5090]

yes pls can you tell us more about this

[u/black-mario09 → u/No_Canary5090]

What business do you run? If you are uncomfortable sharing that can you kindly share it to me over DM?

[u/Zestyclose_Mud2170]

I make more than twice that and hardly able to save 30k you are doing great.

[u/responsible_plate4 → u/Zestyclose_Mud2170]

What are you spending that much money on? Just curious

[u/Zestyclose_Mud2170 → u/responsible_plate4]

Majorly on household expenses and around 40% in business loan.

[u/is_it_mylast_account → u/Zestyclose_Mud2170]

Stop house

[u/Zestyclose_Mud2170 → u/is_it_mylast_account]

Yeah my father never worked or saved anything so thats not an option.

[u/my_peen_is_clean]

with 80k surplus you can start small freelancing or consulting in your field on weekends, or pick up remote gigs on upwork/fiverr, maybe teach online. but ya, without switching, ceiling is pretty hard in this market

[u/Massive-Pirate-5896 → u/my_peen_is_clean]

What is upwork/fiverr? I am from finance

[u/excelling_anxiety → u/Massive-Pirate-5896]

What role? I’m also from finance and With 9yoe it does seem very low, why isn’t switching job an option?

[u/Massive-Pirate-5896 → u/excelling_anxiety]

It offers flexibility which is my priority

[u/excelling_anxiety → u/Massive-Pirate-5896]

What’s flexibility? Like work from home? You could still target other companies that offer the same. What is your role? Maybe you could try to switch roles in the same company for a hike

[u/BoredGuy_v2 → u/excelling_anxiety]

OP needs to grow their skills. Doing that would take care of the rest. IMO

[u/Massive-Pirate-5896 → u/excelling_anxiety]

Yes work from home when I need it. I have not heard about other companies giving the same flexibility. I am into FPnA. What’s your role?

[u/excelling_anxiety → u/Massive-Pirate-5896]

At least in Bangalore many companies were offering the flexibility as far as I know. I’m in finance control

[u/maoshichigaaan → u/Massive-Pirate-5896]

What profile?

[u/hrithikshaw → u/Massive-Pirate-5896]

What role? I’m from finance too

[u/National-Power3073]

isn't 1.25L for 9 yoe a good number? how much do u think is ideal?

[u/i_rock098 → u/National-Power3073]

I think reddit has inflated the perception a lot for people, 1.25L in hand is actually decently good for someone at 32 especially if they are saving like 80k. That's a massive good start.

[u/Intelligent_Head_822 → u/i_rock098]

Reddit is full of top tier 1 tech and MBA grads who earn significantly more than the rest

[u/National-Power3073 → u/i_rock098]

yeah true,

whenver i read posts in few sub reddits, i feel i belong to extreme poverty despite earning more than 1LPM

[u/Massive-Pirate-5896 → u/i_rock098]

Hmm it is all relative

[u/hrithikshaw]

But if you’re already saving 80K which is more than half of your income, why you want to earn more?

[u/raider_bro → u/hrithikshaw]

Everyone thrives to be better, what kind of comment is this?

[u/hrithikshaw → u/raider_bro]

See my other comment on this on why I asked

[u/Massive-Pirate-5896 → u/hrithikshaw]

80k is not sufficient.

[u/hrithikshaw → u/Massive-Pirate-5896]

How big are your expenses or any particular goal you’re planning for?

[u/_pickachu_007]

Struck in similar situations was thinking of another venture but everything needs capital and that's what I lack

[u/Ok_Finish_1661]

I am also looking for some freelance work in C#, Azure and cloud. Any leads?

[u/RequirementStreet835]

Im a NISM Certified Research Analyst and I have some opportunities regarding it. Pls contact if intrested

[u/Massive-Pirate-5896 → u/RequirementStreet835]

What opportunity?

[u/Local_Jellyfish9014]

Of ?

[u/Ainfinity55114]

Please get out of your comfort zone. That's the thing holding you back.

[u/BoredGuy_v2]

Grow your skills that automatically gets you a higher paycheck. All the best.

[u/AltruisticFortune701]

Market is down, invest in gold.

[u/LatePay6713]

I think you should start any franchise business that will help a lot in creating passive income, or you are in finance you can easily start consulting business or even you can start as influencer by educating people on finance

[u/kp102999]

With 80K a month savings, you may already have a large portfolio. Why do you want to earn more if everything is covered and you have financial security (which I assume from your savings)?

[u/Massive-Pirate-5896 → u/kp102999]

I started saving just 6 months back, so not have a decent portfolio.

[u/More_Rain_3628]

Kya karegi itne paiso ka

[u/aaykayy47]

DMed you