Rs 1 crore at 26 to Rs 7 crore net worth at 31: How Bengaluru techie achieved this
A Bengaluru-based tech professional shares his journey of reaching a net worth of Rs 7 crore by age 31. He attributes his success to a combination of career growth, side businesses, and a mindset shift toward income generation.
Why it matters
The story reflects the growing popularity of the FIRE (Financial Independence, Retire Early) movement among young professionals in India's tech sector.
Financial independence has always been a talked about subject, what is changing however is the trend of FIRE - which means Financial Independence, Retire Early. Several people are sharing their FIRE journeys on social media platforms, detailing what worked for them and what didn’t.One such individual on Reddit claims that he has achieved a net worth of Rs 7 crore at the age of 31. The tech professional from Bengaluru has taken his net worth to around Rs 7 crore, up from roughly Rs 6 crore a year ago.His financial journey, however, did not begin with a large salary or a carefully constructed investment portfolio. He claims he started investing small amounts in mutual funds soon after college, when he first became interested in financial independence. By 26, he had reached his first Rs 1 crore.
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