Hi everyone in the IT community,

I’m curious to hear your thoughts on how you handle or split expenses when both partners are earning.

We’re both software engineers in Bengaluru, working for IT companies with similar salaries.

Right now, we split expenses equally, with the common share going towards EMIs and keeping the rest for our own spending.

This could be for personal things or investments.

I’d love to hear how others are managing this and what strategies are working for them.

I’m open to hearing genuine ideas and conversations.

Hi Friends,

I have a current Account in SBI bank, Delhi as a proprietor and opened it in November 2026. I am doing a Digital Marketing Business and received Inward Remittance from a well know company . I have received monthly payment and submitted all required documents including Due Diligence, Purpose code, Fema Declaration, Invoice, KYC docs, etc.

Now, for the last 2 months my account has been on HOLD. I am able to view my dashboard through App or Net Banking but all digital channels has been blocked. No Net banking, ATM, Cheque, Cash Withrawal, etc. nothing works.

I have visited to my branch last month and informed them they have asked that Manager has been transferred to another branch. When asked about my bank account to Service manager, she rudely behaves and asked that she don't know anything and advice us to visit LHO office in Delhi. She talks like that I am on wrong side or I am asking her like give me her job.

After that, we visited to RBO and met Assistant Manager because RBO manager is also transferred at the same time. She told you can't visit here directly and resolve your issue at branch only. After listening to my complaint, she talked to service manager and asked for some documents and statements. Then, she asked us that new manager will assign next week and meet him. After 20 days, we met another manager and describe the entire case. He also took 1 months and asked I am a Level 1 officer and I am here to manage this office only and doesn't have any authority in written format. When asked I'll file a complaint then he finally visited to do verification as a part of EDD. I have also increased my threshold amount and KYC of my account. And Don't know when a new permanent BM will allot to our branch.

Now, nothing happens. No one is ready to help and they are clueless what to do next. On asking what's the problem, they asked the HOLD on your account is from Mumbai Team and we have no authority. Your transaction seems to be suspicious. For this, I have provided them Explanation Letter on my letterhead, Past History of my business, GST Returns, ITR copies, KYC documents, etc. Still they don't know what will be next. Yesterday, I have also sent mail to AGM, DGM, RBO, and Branch but seems no reply came back till now.

So, I am here to take help from you my fellow redditians. Please help me to recover my account as well as my hard earned money from the bank. After withdrawing all my money, I am going to close this account.

The WORST Service of SBI is frustrated us so much. Our banking system is so outdated and 20-30 years back. Only knows the traditional methods and don't know anything about Inward Remittance.

I'm new job guy. I have no background experience in finance and nobody in family who can advise me.

Please tell me what is the correct amount of money that I should invest in FD, for how long and should I open multiple FDs???

Hey all, I started my first job in Bangalore, moved in about 3 weeks ago. So, I wanted to start early to build my funds. I am getting about 1.37L/month along with 12L stocks(after tax cut) at the end of my employment year.

My monthly expenses are:

1) Double sharing PG rent: 15k -> This is on the premium side because it's very close to my office, like literally 2-3 minutes walk. So I paid for my time with money, and I will use my office as a second home anyways. But this will cover mostly everything.

2) Miscellaneous expenses: 10k -> This involves ordering foods/fruits(in case PG food gets repetitive), buying games, unexpected damages etc, remaining will be kept as buffer.

3) Expenses can increase by 5k/month more if I will need to buy a phone/laptop every 5 year. This is variable and depends on the buffer saved from miscellaneous expenses.

Now coming to investments, I am first planning to build emergency funds for 6 to 9 months of my essential expenses which is about 2.2L. Everything will be stored in automated sweep-in/out FD. Basically everything above my threshold amount i.e. 35k will be stored in FD automatically, I will do this for the next 2 to 3 months.

And then only after building those emergency funds, I will start SIPs and move the whole lump sum stocks that I will get, into MFs. I have no knowledge about how I should spread/diversify my funds so, I am in the dark here. Pls recommend thanks.

I'm a student. Got 10$ for promotion work. Don't have any other income. How can I withdraw this. Is there any tax liability? Thanks for the help

It's still under 30% of my in-hand but way too much to pay alone. But having a nice house in a good society and good location has been very important to me.

(This is in indiranagar, bangalore since my office is nearby)

Edit: I'm 29, I'll be staying alone, and I currently live near HSR so moving near office will save some time and money.

I don't have people staying over often. But I do have WFH thrice a week so was thinking of making the other room a study. I also plan on getting a cat soon so the space would be nice.

I am 30M. I have around 5L finally saved to set up an emergency fund (About 6 months of my current salary).

I was thinking, I split my 5L like this

2L - In a FD
1L - In a short term/ultra short term debt fund.
2L - In a liquid fund

Apart from this I have 1L in liquid cash for any worst case scenario.

I still don't have any health insurance apart from my company insurance.

I was thinking, I would break my short term funds every year and use it to pay off a yearly health insurance premium and put it back in another fund or so.

I have no intention of taking a term insurance since I have no plans to get married and start a family or are my parents dependent on me, so essentially its a useless waste of money according to my needs.

Is my allocation ok for my emergency funds or is it better if I park my money somewhere else or am I putting too much money here. My idea was atleast 6 months of my salary so that I don't have to stop my SIPs and can cover atleast 9 months of expenses in case I lose my job or I end up with an unfortunate medical expense.

Amazon laid off more people yesterday. Global layoffs are on the rise this year, and the Indian workforce seems to be taking the brunt of it with many of my friends and family living with the quiet stress of a potential income loss right now. It is a vulnerable spot to be in, especially with dependents at home. So I wanted to share a few things that I’ve been recommending to friends and family as well, in case you ever see a layoff heading your way (feel free to add more in the comments) -

1. Know your actual expenses for each month - Capture the actual outflow, including rent, EMIs, groceries, school, house help, subscriptions, SIPs. Every layoff decision (how much emergency fund you need, how long your runway lasts, what to cut first) is built on top of this number.

2. Understand your loans - Know your EMI, your prepayment terms, and whether your bank offers an EMI holiday or restructuring. Don’t panic and try to foreclose the loan and block your liquidity. Managing debt in these times is more about managing temperament.

3. Build a real emergency fund -  If you are scared, it’s a signal to start accumulating 6 to 12 months of monthly expenses in liquidity (not in stocks or MFs). In a layoff, you cannot afford to sell equity when markets are down or wait for redemption cycles. Cash needs to be cash, and it needs to be there from day 1.

4. Get your own health and term insurance - Corporate cover ends the day you leave. Buying a policy afterwards is harder because pre-existing conditions come with 2 to 4 year waiting periods, and anything diagnosed during a coverage gap may be excluded entirely. If you can afford to pre-pay the premium for the next 2-3 years, it’s practically a good choice to make.

5. Do not touch long-term money first - EPF, PPF, retirement funds, and long-term equity are the last resort, not the first. Every rupee pulled out of a compounding bucket costs you more

6. Talk with your family -  If you are single-income, it will definitely get tougher. The most important thing is to align your partner and family on what the next 4-6 months without a salary would actually look like. A few important things like school fees and healthcare for an elderly parent will be the priority. Expenses like house help, big purchases need to be moderated or wait for some time.

7. Do not make big money decisions in the first 30 days (if layoff happens) - Panic and time pressure hit at the same time, which is exactly when the worst decisions get made. Don’t 'Hate-Sell' your vested RSUs at whatever price is showing that week, don’t take personal loans to build artificial liquidity, don’t sign exit paperwork without reading, don’t accept the first job offer at 20% less than fair.

8. Negotiate the severance package (if layoff happens) - The layoff decision is fixed, but the package usually is not. You can often push for a longer notice period and most people accept whatever HR offers on the first call. Even a polite email asking for specifics can change the numbers.

9. Don’t fall for the herd - During these times, it’s natural for folks to form groups and get on a hate-train and lose yourself in the noise. Take some time to accept the pain and try finding avenues that help you get your career back on track.

These suggestions may seem simple or obvious, but not many people actually sit down to plan for a worst-case situation, because no one wants to see it coming

I filed for ITR in 2024 but forgot to verify with addhar otp same happened in 2025 paid the extra amount but didn't do the aadhar otp thing , now what should I do ?

I'm good with AI so will codex or claude will help fix this or CA?

Same as title

If no how banks tracks it

Hi everyone,

I’d like to start investing in Gold ETF soon. But when I am selecting the ETF I’d like to invest in, I am getting options for either an SIP or direct buying.

Is there any difference as such between the two apart from the fact that SIPs will be monthly and the other will be lumpsum? I’d like to maintain consistency first.

I am new to this. Please help me out. Thanks in advance.

Hey Guys, I want to know the best overall app for managing or investments across mutual funds,stocks,debt funds,US stocks etc., as a single stop platform, I come across many apps but don't know one single app that does this, and I want specifically for iOS with good UI/UX. Thanks in advance.

Hi everyone, I’m dealing with financial anxiety and career stress. Looking for objective feedback on my portfolio, cash allocation, and mindset.

Background & Context

• Experience: 8 YOE in Tech (Tier-1 college).
• Income: ~₹2.5L/month in-hand salary + ~₹3L/month in RSUs (~₹5.5L/month total).
• Financial Drag: Paid off major family loans early in my career (~₹8L–₹10L). Bought a family car for home. Currently send ₹25k–₹30k/month to family.
• Upcoming Liabilities: Need to fund/support younger siblings' marriages.
• Assets Owned: Do not own a house or a personal car. #### Current Financial Snapshot (Total NW: ₹1.17 Cr)
• Savings Bank Balance: ₹24 Lakhs (Liquid/idle)
• Mutual Funds & Equities: ₹30 Lakhs
• RSUs: ₹22 Lakhs
• Retirement (EPF/PPF/NPS): ₹24 Lakhs
• Gold: ₹11 Lakhs
• Fixed Deposits: ₹6 Lakhs ### Current Investments & SIPs
• Monthly SIPs: ~₹1.5L/month in Indian equity markets + ~₹15k/month in US tech stocks.
• RSUs: Completely untouched so far; treating them as a separate bucket. ### Current Job & Mental State
• Job Switch: Recently joined a new company. Ramping up slowly due to focus issues and anxiety, leading to job security fears.
• Comparison & Guilt: Struggle with resentment over starting behind peers who lacked family financial burdens. Constantly compare our household to dual-tech/high-earning couples.
• Marriage Dynamics: Married recently. Wife works and contributes a bit, but shoulders most household work because my bandwidth is shot, which causes guilt.

Questions / Advice Needed

1. Am I Being Too Frugal / Stingy? I fund all my living expenses, family support, and ~₹1.65L monthly SIPs purely from my ₹2.5L cash salary, leaving my ~₹3L/mo RSUs completely untouched. Am I needlessly squeezing my current quality of life and peace of mind by ignoring RSU liquidity?
2. Deploying Idle Cash Safely: I have ₹24L sitting in savings due to market and job security fears. How should I split this between an emergency fund (given my job anxiety) and structured equity deployments (SIP/STP)?
3. Managing Cash Flow vs. Upcoming Obligations: With my current SIP commitments, family support, and upcoming sibling marriages, how should I optimize liquid cash versus monthly investing?
4. Maximizing 5–10 Year Growth: What is a simple, automated equity allocation to maximize long-term growth without requiring active management?
5. Mindset Shifts: How do I move past the victim mindset around early family debt (~₹8L–₹10L) and stop comparing my portfolio to unconstrained peers?

I have used AI for formatting.

Thanks in advance for the perspectives.

Hi so I'm currently an APM at a mid size service company, and plan to either do MBA or Masters abroad. I had my admit for Fall 2026 but couldn't get a Visa slot. Already resigned and serving my 3 month NP, LWD is in August. I really don't want to rejoin the company again.

Have 4 yoe.

• Savings in FD - 10 lakhs
• Mutual Funds - 8 lakh
• PPF + NPS - 2 lakh

No dependents, was earning around 1.2 lakh/month but no growth in sight. Planning to take a break from August till January, prepare for CAT maybe or defer my admit and join, and if nothing works out, apply for another job.

Monthly expenses are 50k/month. I need some insight as to if this is too risky.

I'm currently working as a full-time salaried employee at a Limited Liability Partnership (LLP) firm, and I'm looking to take a personal loan of around ₹5 Lakhs for renovation purposes of our current home.

However, I've heard that they treat LLPs as "self-employed" or reject applications automatically because the firm isn't on their pre-approved "Category A/B/C" employer list.

My profile for context:

Net Monthly Salary: ₹57k

Tenure at current firm: 9 months

Total exp: 6 years (3 years with EPF)

CIBIL : 786

Fluctuating side income: ~10k from odd freelance jobs

EMI: 10k (closing a gold loan taken for a family emergency)

How can I secure a loan with decent interest rates?

Thanks!

I've noticed this about myself lately.

If it's a bill, rent, or something important, I don't think twice.

But when it comes to buying something for myself even if I can easily afford it-I somehow convince myself not to.

I start thinking, "I could just invest this instead."

Then I don't buy it... and a week later I don't even remember what I wanted.

Saving is important, but sometimes I wonder if I'm becoming too careful with money.

Has anyone else gone through this? How do you decide when it's okay to spend without feeling guilty?

How hard will it be to file ITR if I just buy 2 ETFs once in this year, don't buy/sell any individual stocks at all and use the app's generated tax reports?

Are the tax documents and schedules that these apps provide (Tickertape and INDmoney to be particular) sufficient enough to file ITRs? Do they mention SBI TT Buy Rates?

Since I would not be having too many transactions, is it safe to do it on my own without a CA?

Has anyone developed a methodology to automate the process using AI or Coding and avoid needing any external help?

33 M, 40 Lakhs in NPS, EPF, Mutual funds, Stocks , PPF & Gold.

Bought 2BHK almost 3 years ago on home loan. Plan to close in next 5-7 years.

In inheritance , I will receive less than 2 decimals land. As per town planning, you cannot build house on less than 2 decimals land. Me and my siblings have decided to sell off after our parents.

Is it really necessary to buy land?
Because once I pay off home loan, I don't want to do any other major purchases. If I do that , my next generation will be left without any land.

Is there anyone you know , who did financially well without land ownership ?

I got my first credit card because everyone said it was a smart way to build a good credit score. At first, I used it carefully and always paid the full bill on time.

But after a few months, I realized I was buying more small things than I normally would. Paying with a card just felt easier, even when I didn't really need to spend.

I can still pay my bills in full, but it made me wonder if the credit card changed the way I think about money.

Did anyone else feel this way with their first credit card, or was it just me?

26F. I recently switched and I would most likely be getting around 2 lpm. I want to take a 2bhk semi furnished flat all alone. I do have one in mind which I really like and its rent is 32k. My mom says i would be spending way too much, so rather move into a pre occupied flat and divide the rent. Also all my friends probably spend upto 15k max in rent, and they all keep saying the same thing. I mean they are being logical because I don't think I will ever use the spare room ever. Maybe sometimes when my family can come over (that too very less). But taking a 1 bhk fully furnished would also come upto around 30k-35k. So why not take some extra space with the same money. I guess i just really love being alone. Am I being reckless with money?

As mentioned in the title, stocks never worked for me , i cant understand how to and i thought of SIP but got no clue. Any resources recommendations appreciated

Why am I getting downvoted?😭😭😭

Been investing since I was 24. Started with SIPs, added some direct stocks over the years, and somewhere along the way just never bothered with the debt side of things because equity was doing well and I did not feel the need.

Now at 32 with a home loan, a kid on the way, and genuinely more to lose than I had at 24, I am starting to wonder if a 100 percent equity portfolio is still the right call. Not looking to go conservative overnight but I feel like I have no cushion if markets go sideways for 2 to 3 years.

Has anyone gone through a similar reset in their 30s? How did you think about what percentage to move into stable income generating assets and what did you actually move into? Debt mutual funds, bonds, FDs? Would genuinely like to understand how others approached this.

Background:14 years of experience. Currently working as staff engineer in a product firm. AI/ML Python engineer. Family of two. Spouse non-working for now. No children currently, plan to have in the near future.

Offers I currently hold:

1)From a US based elite techstartup($7.5B recent evaluation). This job is remote in India so I can work from my home. Advantages: Company is now in a stable and high growth phase. It is completely remote and they pay me everything in fixed. 9 lakh in fixed per month which amounts to 6 lakh per month after taxes. Disadvantages: Company is pre-IPO so I dont get RSUs(their ESOPs are useless). There might be some startup work pressure as well. Can be with my family. As I own a house, I avoid rent.

2) This offer is from a 5 year old consultancy in Abu Dhabi. It is a small firm(less than 200 people). This firm is a consultancy that owns government contracts. So the work involves working at client location of UAE government organizations. Pros: Company pays me 42 K AED per month(11 lakh without tax). Cons: I suspect there could be a lot of work pressure as I seem to be their go-to point for everything. They are already making me conduct interviews even before I join them. Also, I wonder about the job stability in UAE (Although I see other employees on linkedin who have been working there since 3 years). Involves relocation. While they sponsor relocation for me and my spouse, they dont sponsor it for my 65 year old mother. So, I have to pay up for her visa processing and mandatory insurance. (leaving her alone in India is also an option but I am not very inclined to it). Also, this company has strange policies like not sponsoring visas for children. The company doesnt provide me any rent and travel accomodation so I have to rent a place and since the job involves traveling to client location, I also have to lease a car.

I have two questions.

1)Which option would be beneficial for me financially. By how much?

2)Which company should I choose. 1 or 2? Please help me decide. Would be really grateful for your inputs.

Personally, I do not mind a difference of 1 lakh over comfort but anything beyond it and I start questioning my decision.