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| Photo by micheile henderson on Unsplash |
"Beware of little expenses; a small leak will sink a great ship." - Benjamin Franklin
A year back, I was pondering a good bank balance - a good corpus to maintain in case one wants to retire early or be financially free to make major career changes. This was indeed a personal growth quest.
A tweet/post by a New York City based girl helped me set initial compass or say benchmark. She had set a target of $200,000 before leaving her regular job and building her own venture. I found it a reasonable and ambitious goal, especially considering I am earning in Rupee and at that time one USD equalled about INR 87. And therefore, the $200,000 target translated into about ₹17,400,000 at the time of beginning. If I started saving amount equivalent to my entire monthly salary at that time it would mean regular investment for well over a decade and a half (actually some bit longer).
