What can you do with a 50k salary?

Here’s a list of jobs that pay more than $50k per year on average:

• Executive assistant.
• Warehouse training manager.
• Sales representative.
• Equipment service manager.
• Truck driver.
• Construction superintendent.
• Underwriter.
• Police officer.

How do you split salary into savings?

Here’s how to get started. It’s the 50-20-30 Rule, i.e., 50 per cent of your income should go towards living expenses, i.e., household expenses, including groceries; 20 per cent towards savings for your short, medium, long-term goals; and 30 per cent towards spending, including outing, food and travel.

Is Bajaj Finserv FD safe?

Grow your wealth risk-free with the Bajaj Finance FD Bajaj Finance bags ICRA’s highest MAAA rating and CRISIL’s highest FAAA rating, making it one of the most trustworthy and safest NBFCs offering FD. Over thousands of customers have invested in Bajaj Finance Fixed Deposit and have gained assured returns.

What is the interest on 50 lakhs?

If FD interest rate is 6.5\%, then you get Rs 3.25 lakh on a fixed deposit of Rs 50 lakh in a year. This means you get a monthly interest of Rs 27,083. If FD interest rate is 7\%, then you get Rs 3.5 lakh on a fixed deposit of Rs 50 lakh in a year. This means you get a monthly interest of Rs 29,167.

Is Shriram Transport FD safe?

STFC FD is rated FAAA/Stable by CRISIL and MAA+ with Stable Outlook by ICRA. These ratings indicate high credit quality which in turn means a higher degree of safety.

How to invest Rs 50 lakhs to earn monthly income?

If you are looking to invest Rs.50 lakh in a way that allows you to have a monthly income, the safest option is the non-cumulative fixed deposit, which offers you the freedom of getting a monthly pay-out. This means that you can earn a considerable income on your investment every month!

What is the best insurance plan for 1 crore rupees?

1. Term Insurance: Get a Term Insurance Plan cover for Rs 1 crore or more. 2. Medical Insurance: Medical cover plan for you and your family is a must. 2. Disability Insurance: It provides you a health cover, in case you meet any accident or a critical illness. 4.

Is India a good place to invest for 20 years?

India is considered a mountain of opportunities. Indian economy will grow tremendously in the Next 20 years. Investments done today will definitely produce huge returns provided investment products are being rightly chosen and being invested in them for more 20 years. Best investment options for medium income earners.

What are the best investment options in India for inflation?

It is backed up by Government of India. It enjoys an EEE status. Bank Fixed deposits: Bank FDs are the most favorite investment options among Indians which provide guaranteed interest also principal is secured. Gold: Gold can be considered as the hedge against inflation. 5 to 10 \% of exposure in gold is good enough.