A 34-year-old man recently shared his journey from extreme financial hardship to building a multimillion-rupee portfolio. Taking to the subreddit Indian Flex, he revealed that he grew up in Dharavi, one of Mumbai’s largest slums, and attended a local municipal Hindi-medium school. Many of his classmates struggled academically, with some unable to even write their names by the seventh grade. Despite the challenges, he excelled in his studies and consistently ranked among the top two students in his class until the tenth grade.
Transition to English-Medium Science Education
After completing grade ten, he chose the science stream, which required him to study in English. Initially, the shift was challenging, and he faced difficulties adapting in the eleventh grade. However, he quickly adjusted and completed his high school education with impressive marks, securing 81%. This academic performance enabled him to gain admission to a reputable engineering college in Mumbai.
Early Career and Financial Struggles
During his college years, he received a placement offer with a salary of 3.6 lakh per annum. Early in his career, he struggled to save money, primarily because he was supporting his family. He began his investment journey in 2015 by purchasing a single share of a major bank. For the first four years, his portfolio showed little growth, but he remained disciplined and consistent with his investments.
Rapid Growth and Milestones
The turning point came after the Covid-19 pandemic, when he secured a high-paying job with a 50 lakh per annum package in 2021. This enabled him to invest aggressively, and by 2022 he had accumulated his first crore. Today, despite taking a year-long career break and funding two family weddings, his investment portfolio has grown to nearly 4 crore.
Principles for Financial Freedom
He emphasizes that financial freedom provides flexibility in life decisions, such as leaving a high-paying job without fear. Currently, he owns no property or vehicle, which has allowed him to maximize his investments. Almost 90% of his assets are invested in equities, and he has no outstanding loans.
Message to the Underprivileged
His story serves as inspiration for those from disadvantaged backgrounds, showing that perseverance, consistency, and disciplined investing over time can overcome humble beginnings and build substantial wealth.
Transition to English-Medium Science Education
After completing grade ten, he chose the science stream, which required him to study in English. Initially, the shift was challenging, and he faced difficulties adapting in the eleventh grade. However, he quickly adjusted and completed his high school education with impressive marks, securing 81%. This academic performance enabled him to gain admission to a reputable engineering college in Mumbai.
Early Career and Financial Struggles
During his college years, he received a placement offer with a salary of 3.6 lakh per annum. Early in his career, he struggled to save money, primarily because he was supporting his family. He began his investment journey in 2015 by purchasing a single share of a major bank. For the first four years, his portfolio showed little growth, but he remained disciplined and consistent with his investments.
Rapid Growth and Milestones
The turning point came after the Covid-19 pandemic, when he secured a high-paying job with a 50 lakh per annum package in 2021. This enabled him to invest aggressively, and by 2022 he had accumulated his first crore. Today, despite taking a year-long career break and funding two family weddings, his investment portfolio has grown to nearly 4 crore.
Principles for Financial Freedom
He emphasizes that financial freedom provides flexibility in life decisions, such as leaving a high-paying job without fear. Currently, he owns no property or vehicle, which has allowed him to maximize his investments. Almost 90% of his assets are invested in equities, and he has no outstanding loans.
Message to the Underprivileged
His story serves as inspiration for those from disadvantaged backgrounds, showing that perseverance, consistency, and disciplined investing over time can overcome humble beginnings and build substantial wealth.
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