Achieving 1cr without going to KBC
Going through a journey of smart investments, planned goals and debt free life while achieving everything we ever wanted
We’ve stumbled upon a financial journey that feels like a Netflix binge-worthy series – exciting, inspiring, and full of life lessons.
Imagine this: a 29-year-old setting audacious goals and smashing them without falling into the dreaded EMI trap.
Sounds too good to be true? Let’s see…
but first, Choose wisely :)
Highlight for Today’s Letter
Land, Car, 1cr Goal - everything can be achieved with time and a good investment plan.
Sneak peek on Next Week's Letter Line up.
Little Backstory and Background
Our hero’s financial plan is as clear as that early sunrise (excluding Delhi Air):
Monthly Salary: ₹1,20,000
Expenses: ₹65,000 (₹50,000 general + ₹15,000 EMI)
Savings in Hand: ₹55,000/month
SIP Contributions: ₹35,000/month
Current Investments: ₹16 Lakh (Debt + Equity combined)
Cash Reserves: ₹20,000
Just like every hero in the story, our protagonist also wants
“acha ghar🏠, achi gaadi🚗 aur bohot saara paisa💸”
Hearing this story, one might think only free money could help now!
but wait wait, now begins the financial roller coaster, you’ll want to ride!
Financial Goals: Short-Term and Long-Term
1. Purchase Land – ₹20 Lakh Goal in 1 Year
Here’s the plan:
SIP Contribution: ₹30,000/month into debt funds.
Investment Period: 12 months.
Outcome: ₹3.78 Lakh from SIP + ₹16 Lakh savings = ₹20 Lakh by 2025.
Dhiraj explains why it’s genius (Investment expert at Rupeestop)
No loans, no stress, and a beautiful piece of land to brag about
2. Buy a Car – ₹10 Lakh Goal in 4 Years
The plan here is a chef’s kiss:
SIP Contribution: ₹30,000/month.
Investment Period: 36 months.
Outcome: ₹13 Lakh from SIP investments by 2029.
Why it’s smart: By 2029, our hero will drive a shiny new car, debt-free and guilt-free. No EMIs tagging along like an annoying backseat driver!
3. FIRE 🔥 (Financial Independence, Retire Early) – ₹2-5 Crore in 16 Years
SIP Contribution: ₹25,000/month into equity funds.
Outcome: ₹1.45 Cr - ₹1.99 Cr by age 46.
Bonus SIP: ₹15,000/month adds another ₹48-₹60 Lakh for short-term wealth-building.
Life changing said Mohit (Investment expert at Rupeestop)
By 46, financial independence will be a reality. Early retirement? Yes, no doubt!
4. Emergency Fund (The Financial sidekick) → most important
SIP Contribution: ₹15,000/month starting after other goals are met.
Outcome: ₹42 Lakh by 2041.
it’s practical: Unforeseen expenses? Bring it on. This fund’s got it covered.
Climax🎉
💰 Want an investment plan personalized to your goals? (click below)
Important Question needs to be answered (post-credit scenes🎬)
🤷♂️Loan or No Loan? (Spoiler: No Loan Wins)
Option 1: Loan for ₹10 Lakh (3 Years)
EMI: ₹32,000/month
Total Interest Paid: ₹1.61 Lakh
The Catch: While SIPs continue, long-term debt becomes a burden. EMIs could stretch beyond 4 years, making other goals harder to achieve.
Option 2: No Loan – Use Savings + SIP Returns
Combine ₹16 Lakh savings with ₹3.78 Lakh SIP returns for the land purchase.
Save ₹30,000/month for 3 years to comfortably buy a car by 2029.
The Beauty: No debt. No stress. Just smart planning and financial freedom.
🏆 The Takeaway: You Can Do This Too!
This story isn’t just inspiring – it’s a blueprint for anyone seeking big dreams while avoiding the debt trap. Here’s the secret sauce:
Start early (time is your BFF when investing).
Have clear goals (and stick to them).
Chug, Chug, ChugSIP, SIP, SIP your way to success!
Remember to protect your family’s future with Term Insurance and keep those savings safe with Medical Insurance.
“You can always connect with an expert (click here) to handle your investments too”
Line up for Next week
To get your personalized money plan for investment, growth, and expenses. Submit your query, we shall get it sorted by next week 🤷♂️
(be precise as much as you can about your query)
eagerly waiting for the next one. so relatable