Debt Free Yet Zero Savings: Delhi Man Earning Rs 80,000 Per Month Shares Financial Reality

Savings have become for a man from Delhi who shared the financial reality that everyone is resonating with. Following the payment of his bills but having no savings, a 34 year old Delhi resident sought financial advice on Reddit.

He is married, has an 8 month old daughter, makes about Rs. 80,000 a month and spends 30,000 of it on rent. Despite being debt free, he is concerned about the future of his family, the increased cost of living and the possibility of losing his job. Additionally, he worries about how AI may affect career prospects and wonders if he can still create a stable future.

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“Need help from someone who understands finance. I have finally managed to get rid of my debt, but I am 34 and have 0 savings. I also don’t have a house. Married and have an 8 month daughter. I earn around 80K a month in Delhi and the rent is expensive. I pay 30k in rent. I know it’s high, but I want the best environment for my wife and daughter so that is non-negotiable,” he wrote.

Debt Free But 0 Savings
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u/faham5896 in
IndiaFinance

“Is there any hope I can still have a decent future? As the job market is unstable now. There are no freelancing gigs either. I fear someday AI will cost my job and where will. I go with my family. Hope for some mature answers,” he explained his situation.