The Life of a Student and Recent Graduate: Balancing Earnings and Happiness

In the paths of life, every step brings a new turn. In search of happiness, everyone makes their own journey. As a final year B.B.A.L.L.B. student, my journey has been a blend of learning and earning. I assist LLM and LLB students with their projects, theses, and dissertations, earning between 5000 to 10000 per month. This income helps me buy books and manage my expenses.

Life is made not by money but by hard work. In every small joy, there is hidden a big happiness. While the earnings might not be substantial, they bring a sense of independence and satisfaction. It's not just about the money but the joy of helping others and the knowledge I gain in the process. This journey though challenging is filled with moments of pride and fulfillment.

Income Fluctuations for B.B.A.L.L.B. Students

Income can vary widely among B.B.A.L.L.B. students. Some assist in projects, while others engage in part-time jobs or internships. The earnings range from 5000 to 10000 per month. For example, an LLB student like me earns a modest income that helps with personal expenses and academic materials.

How My Income Impacts My Life

As a student, the primary focus is learning and growing. The small earnings from assisting others in their academic work contribute to fostering independence and a sense of accomplishment. However, it is important to manage this income prudently to cover essential needs such as books, transportation, and basic lifestyle expenses.

Happiness and Independence

Happiness has no price. What you get is the most precious. In the end, it's the small victories and lessons learned that make life beautiful. Every step forward, every challenge overcome, adds to the richness of my experience. And that to me is the true essence of a happy and healthy life.

A Tale of a 23-Year-Old Software Engineer

I am a 23-year-old Software Engineer with a current in-hand salary of 1.70–1.75 Lacs per month. My journey as a software engineer has been marked by continuous learning and personal challenges. Earning a decent salary allows me to grind for more and build a secure financial future.

Expenses and Priorities as a Software Engineer

My current monthly income is 70k. Despite this, I am not entirely content with the amount. However, the income serves various purposes, including:

Mutual Fund: 7500 Home loan EMI: 35300/- Personal loan: 22000/- Grocery and monthly expenses: 5200/-

My primary investment right now is in property, with the goal of increasing income in the future. I am also saving for a better financial future through various means, such as PPF and insurance.

Reflections from a Mechanical Graduate

I am a graduate in Mechanical from a Tier-2 college. I passed out in 2017 and have 7 years of experience, including a 6-month internship. Over the years, I have accumulated assets and debts:

1 home 1 personal loan running (57L in Home Loan, 29L in Personal Loan) Basis Expenses, Rent, Fuel, etc.: 29L Other expenses: 5L in PPF, 3L in Insurance, 6L in Surge funding

As of now, I am not investing other than my PPF account. My advice to others is to avoid getting trapped in home loans, as they can eat up significant savings and make life more difficult for at least 4–5 years.

Key Takeaways

Income does not define happiness. Small victories and lessons learned are valuable. Balance financial obligations with long-term goals.

Ultimately, the journey of balancing earnings, financial responsibilities, and personal happiness is unique to each individual. It is essential to find a path that aligns with your goals and brings you satisfaction.