Is 250000 monthly good enough income for this life style?

yousaf72a

Intermediate
Jul 3, 2010
162
4
23
34
Rawalpindi
House is paid for ,2 cars paid for ,one wife ,one kid,one house cleaner,one cook,medical doctor education for kid,at least once a year travel abroad(maybe).probably isn't enough ,probably need 5 lakh,I only buy or update essential things in 4 to 5 years, pc, mobile, clothes(at least 2 years),vr headset,maybe one game a year

And I'm about to receive 3 corer in about a year ,should just fix in my.bank account to get interest,or something else,I absolutely don't wanna invest digital currency or start a new business as its to risky, something I can invest in and get a nice monthly return would be fine,anyways thank you if you read all this And do you think a child.is worth having now adays ,I absolutely fear I'm gonna not a great father or my child is going to fail his or her education and get into drugs n stuff.i have absolutely no clue how to be a father ,I'm very antisocial, I can't imagine meeting another family to get my child married.i really would.love to have on child though
 

Simonsayz

Active member
Feb 17, 2014
294
88
33
Islamabad
House is paid for ,2 cars paid for ,one wife ,one kid,one house cleaner,one cook,medical doctor education for kid,at least once a year travel abroad(maybe).probably isn't enough ,probably need 5 lakh,I only buy or update essential things in 4 to 5 years, pc, mobile, clothes(at least 2 years),vr headset,maybe one game a year

And I'm about to receive 3 corer in about a year ,should just fix in my.bank account to get interest,or something else,I absolutely don't wanna invest digital currency or start a new business as its to risky, something I can invest in and get a nice monthly return would be fine,anyways thank you if you read all this And do you think a child.is worth having now adays ,I absolutely fear I'm gonna not a great father or my child is going to fail his or her education and get into drugs n stuff.i have absolutely no clue how to be a father ,I'm very antisocial, I can't imagine meeting another family to get my child married.i really would.love to have on child though
Being worried about whether you will be a good parent is a strong indicator that you will be a good parent, in due time. Being able to feel that you have done wrong, being able to critique yourself or being able to take critique and then mend your ways to become better, that is a very good quality in character. First lets talk finances then we'll get to parenthood.

"Enough" is a state of mind, for some it will never be enough, for some even little bit is enough. From religious point of view, when you realise that success in this world will not be measured by how much money you earned, but by our actions, then you start to worry about other things. From psychological point of view, we always look up to people who have more than us, and thus our never fulfilling hunger for more, when you have a bike,, you want a car, when you get the car.. you want a land cruiser, when you get land cruiser.. you want a yacht or private jet.

Now, from a purely financial point of view, with good housekeeping and mindful expense control, you can live well and still be able to save every month with 250K a month. Worrying will only reduce your lifespan, look at the problem, come up with best possible solution and then also realise that a lot of things are not in your control, Allah has His own plans. Also, interest is haram, even little bit of haram makes all your earnings haram, make the right choice and have faith that Allah will provide for you as He has provided for you so far.

Invest in something that has monthly installments, like a property or shop. It will force you to make those monthly savings and in the end you will have something sizeable as an investment as well.

Regarding fatherhood, it will come to you in due time, all that your kids need from you is love and the confidence, so treat them with love & patience, encourage them on everything that they do, they have plenty of critics in the world, you need to be their cheerleader. Teach them good morals, best is to teach your kids about the life of Prophet Muhammad PBUH and they will grow up to be best humans and best muslims insha Allah. As a parent, ALWAYS make dua for your kids, for it is only Allah that can guide them and shape them. Duas by the parents have huge significance. Yes the world is a scary place, bad company or bad ideas can lead to all sorts of scary endings but this is not the time to worry about things that are too far into the future. Small steps, work on the issues at hand, lead by example, follow your own teachings as well, become a role model for your kids. Teachers who teach by "Do as I say, not as I do" are never good role models, and kids pick up on that.

May Allah help you and guide you.
 
  • Like
Reactions: m10thena and Sub 0z

yousaf72a

Intermediate
Jul 3, 2010
162
4
23
34
Rawalpindi
Being worried about whether you will be a good parent is a strong indicator that you will be a good parent, in due time. Being able to feel that you have done wrong, being able to critique yourself or being able to take critique and then mend your ways to become better, that is a very good quality in character. First lets talk finances then we'll get to parenthood.

"Enough" is a state of mind, for some it will never be enough, for some even little bit is enough. From religious point of view, when you realise that success in this world will not be measured by how much money you earned, but by our actions, then you start to worry about other things. From psychological point of view, we always look up to people who have more than us, and thus our never fulfilling hunger for more, when you have a bike,, you want a car, when you get the car.. you want a land cruiser, when you get land cruiser.. you want a yacht or private jet.

Now, from a purely financial point of view, with good housekeeping and mindful expense control, you can live well and still be able to save every month with 250K a month. Worrying will only reduce your lifespan, look at the problem, come up with best possible solution and then also realise that a lot of things are not in your control, Allah has His own plans. Also, interest is haram, even little bit of haram makes all your earnings haram, make the right choice and have faith that Allah will provide for you as He has provided for you so far.

Invest in something that has monthly installments, like a property or shop. It will force you to make those monthly savings and in the end you will have something sizeable as an investment as well.

Regarding fatherhood, it will come to you in due time, all that your kids need from you is love and the confidence, so treat them with love & patience, encourage them on everything that they do, they have plenty of critics in the world, you need to be their cheerleader. Teach them good morals, best is to teach your kids about the life of Prophet Muhammad PBUH and they will grow up to be best humans and best muslims insha Allah. As a parent, ALWAYS make dua for your kids, for it is only Allah that can guide them and shape them. Duas by the parents have huge significance. Yes the world is a scary place, bad company or bad ideas can lead to all sorts of scary endings but this is not the time to worry about things that are too far into the future. Small steps, work on the issues at hand, lead by example, follow your own teachings as well, become a role model for your kids. Teachers who teach by "Do as I say, not as I do" are never good role models, and kids pick up on that.

May Allah help you and guide you.
Thanx for reply dude I know interest is haram but society expectations is making feel like doing it,everyone I know is doing it ,I know that doesn't make it right,but I personally can go without it but it's family I worry about and doing everything I can to support them,I will look Into buying a shop that's a good idea alot people mentioned,
Thanx again
 
  • Like
Reactions: Akash

LeGenD123

The One and Only
Sep 5, 2007
3,752
22
44
Lahore
1. You have very good monthly income. Look at people who earn much less than you and imagine how they live.

2. You may invest in National Savings to have additional monthly income from your savings. You may also consider opening an Islamic Banking Savings account as well. This is assuming that you do not want to invest your savings in business and such.

And if Allah Almighty gives you much then consider helping somebody in need as well.

3. What is the purpose of your Life and Savings without your FAMILY? Who will take care of you and your belongings when you are old? If you are happily married then it is logical for you to have children.
 
  • Like
Reactions: yousaf72a

yousaf72a

Intermediate
Jul 3, 2010
162
4
23
34
Rawalpindi
1. You have very good monthly income. Look at people who earn much less than you and imagine how they live.

2. You may invest in National Savings to have additional monthly income from your savings. You may also consider opening an Islamic Banking Savings account as well. This is assuming that you do not want to invest your savings in business and such.

And if Allah Almighty gives you much then consider helping somebody in need as well.

3. What is the purpose of your Life and Savings without your FAMILY? Who will take care of you and your belongings when you are old? If you are happily married then it is logical for you to have children.
I went alot of bad experiences with society in my youth can't imagine the same things happens to my own child ,alot people just see people as soulless body parts.
 
  • Sad
Reactions: LeGenD123

LeGenD123

The One and Only
Sep 5, 2007
3,752
22
44
Lahore
I went alot of bad experiences with society in my youth can't imagine the same things happens to my own child ,alot people just see people as soulless body parts.
Sorry to hear that.

Now that you earn well, you can provide good life-style to your child. Make sure that your child does not step outside home unnecessarily and have good schooling. You may also consider teaching your child about Islam (morality) at some point. Point is to make your child aware of WHAT is SAFE and GOOD and WHAT to AVOID.

Learn to Manage your Finances and your Spending Habits. Your life will be easier and you will be a good provider as well.
 
  • Like
Reactions: yousaf72a

yousaf72a

Intermediate
Jul 3, 2010
162
4
23
34
Rawalpindi
Sorry to hear that.

Now that you earn well, you can provide good life-style to your child. Make sure that your child does not step outside home unnecessarily and have good schooling. You may also consider teaching your child about Islam (morality) at some point. Point is to make your child aware of WHAT is SAFE and GOOD and WHAT to AVOID.

Learn to Manage your Finances and your Spending Habits. Your life will be easier and you will be a good provider as well.
Thanxx dude
 
  • Like
Reactions: LeGenD123

assasin42o

Don Vito Corléone
Moderator
Aug 9, 2009
3,951
12
43
KHI ✈ ISL
You are one of the top 0.1% who have all the luxuries of life. As written above, "enough" is a state of mind. Look at the people earning much less, with rented house, but still able to live a content life. Heck even 90% of the people are not even able to make a house for themselves. Your life looks sorted, and by the looks of it, you're just over-thinking.
 

yousaf72a

Intermediate
Jul 3, 2010
162
4
23
34
Rawalpindi
You are one of the top 0.1% who have all the luxuries of life. As written above, "enough" is a state of mind. Look at the people earning much less, with rented house, but still able to live a content life. Heck even 90% of the people are not even able to make a house for themselves. Your life looks sorted, and by the looks of it, you're just over-thinking.
I know I just the people I'm surrounded by make feel I have do alot better
 

sniper71377

Intermediate
Sep 25, 2009
115
1
23
Espoo
I moved abroad to be able to support my family in Pakistan (which I am able to do fine Alhamdolillah), but if I had your kind of income in Pakistan, I wouldn't think twice about coming back :p
 
  • Like
Reactions: yousaf72a

Simonsayz

Active member
Feb 17, 2014
294
88
33
Islamabad
Thanx for reply dude I know interest is haram but society expectations is making feel like doing it,everyone I know is doing it ,I know that doesn't make it right,but I personally can go without it but it's family I worry about and doing everything I can to support them,I will look Into buying a shop that's a good idea alot people mentioned,
Thanx again
My brother went to USA, he was adamant that he will not buy a car on installments as there is interest in anything you buy on installments, everyone that I know abroad does that, my father asked him "Will you be able to save as much to buy a car on cash", he said "Allah will provide", he got a brand new car in less than 3 months. Then he was renting a house, everyone told him that rent is wasting money, for few hundred dollars more you can get a mortgage and in some years you will be the owner, its investment instead of wasting rent, he said he does not want to pay interest, he will buy house on cash, 2 years later he got his first house, he has upgraded to new houses 3 times over now. I have not seen anyone with such a pakka emaan as him, and I have seen that Allah helps him when he makes every decision in obedience of Allah. May Allah give you and me the strength in our faith to make such decisions.

Investing in property has a high return, provided that you invest at the right time. Generally, any property has 4 major hikes in its value, first hike when post ballot they allocate plot numbers (corner plots / good location plots get higher hike), second hike is when the development authority makes those plots ready for possession, third hike is when they say the plots are ready for your construction, forth major hike is when that community starts to populate (if there are posh houses being made then there would be a higher hike), after that there is a gradual increase in price.

From investment point of view, buy a property when it has still a lot of head room till it's peak. Buy a property that will earn you money, not those properties that have been sold over and over and have inflated in price. Buying an open form, meaning that a plot is confirmed but there is no name on the form (mostly sold directly by the development authority or by the wholesale property dealers) will yield highest return but will take certain time depending on the financial position and speed of development authority. Bahria & DHA are pretty trustworthy developers that have not stalled any projects yet, hence their values rise quickly. Buying early will have an option of paying through installments as well. They generally plan to have installments finished by the time the plots are ready for possession, so the option of installments is not available after the area has been marked ready for possession.

From the 3 crore that you are expecting to receive, you can buy a 10 marla house in Bahria, or you can save some cost and get it constructed yourself via a contractor and put it up on rent. It will earn you revenue while increasing in value over time. Tenants in Bahria or DHA are generally good, rent contracts are also enforced by Bahria & DHA so you won't have any issues. Investing in property in known areas is pretty safe, starting a business or investing in someone else's business has it's risks. Best of luck brother.
 
  • Like
Reactions: yousaf72a

yousaf72a

Intermediate
Jul 3, 2010
162
4
23
34
Rawalpindi
My brother went to USA, he was adamant that he will not buy a car on installments as there is interest in anything you buy on installments, everyone that I know abroad does that, my father asked him "Will you be able to save as much to buy a car on cash", he said "Allah will provide", he got a brand new car in less than 3 months. Then he was renting a house, everyone told him that rent is wasting money, for few hundred dollars more you can get a mortgage and in some years you will be the owner, its investment instead of wasting rent, he said he does not want to pay interest, he will buy house on cash, 2 years later he got his first house, he has upgraded to new houses 3 times over now. I have not seen anyone with such a pakka emaan as him, and I have seen that Allah helps him when he makes every decision in obedience of Allah. May Allah give you and me the strength in our faith to make such decisions.

Investing in property has a high return, provided that you invest at the right time. Generally, any property has 4 major hikes in its value, first hike when post ballot they allocate plot numbers (corner plots / good location plots get higher hike), second hike is when the development authority makes those plots ready for possession, third hike is when they say the plots are ready for your construction, forth major hike is when that community starts to populate (if there are posh houses being made then there would be a higher hike), after that there is a gradual increase in price.

From investment point of view, buy a property when it has still a lot of head room till it's peak. Buy a property that will earn you money, not those properties that have been sold over and over and have inflated in price. Buying an open form, meaning that a plot is confirmed but there is no name on the form (mostly sold directly by the development authority or by the wholesale property dealers) will yield highest return but will take certain time depending on the financial position and speed of development authority. Bahria & DHA are pretty trustworthy developers that have not stalled any projects yet, hence their values rise quickly. Buying early will have an option of paying through installments as well. They generally plan to have installments finished by the time the plots are ready for possession, so the option of installments is not available after the area has been marked ready for possession.

From the 3 crore that you are expecting to receive, you can buy a 10 marla house in Bahria, or you can save some cost and get it constructed yourself via a contractor and put it up on rent. It will earn you revenue while increasing in value over time. Tenants in Bahria or DHA are generally good, rent contracts are also enforced by Bahria & DHA so you won't have any issues. Investing in property in known areas is pretty safe, starting a business or investing in someone else's business has it's risks. Best of luck brother.
thanx bro
 

Simonsayz

Active member
Feb 17, 2014
294
88
33
Islamabad
I went alot of bad experiences with society in my youth can't imagine the same things happens to my own child ,alot people just see people as soulless body parts.
In my experience, people who have suffered themselves, are very caring towards others that are dependent on them. Speaking of which, being a father, being the head of the household, is a lot of responsibility, fathers will be questioned on the day of judgement in the same way as an Amir-ul-Momineen, for a house is like a kingdom and the head of household is its ruler.

Besides, as a parent, you have a major influence in how the character (mental & moral qualities & beliefs) of the kids will shape up. If you raise them well, they become sadqa jaria for you and will keep earning you sawab even after your death.
 
General chit-chat
Help Users
We have disabled traderscore and are working on a fix. There was a bug with the plugin | Click for Discord
  • No one is chatting at the moment.
  • faraany3k faraany3k:
    I dont think games have looked any better since 2019 onwards and they are performing worse and worse. Game developers have really dropped the ball.
    Link
  • Necrokiller Necrokiller:
    Consoles can't even catch a break in titles developed exclusively for them 😢
    Link
  • Necrokiller Necrokiller:
    "All of this lends the game distinctly last-gen look at times, which is compounded by image quality and frame-rate issues."
    Link
  • Necrokiller Necrokiller:
    Link
  • Chandoo Chandoo:
    no jokes.
    Link
  • Chandoo Chandoo:
    faraany3k said:
    So while Playing Control, I found a journal which said that a bathroom is missing in Islamabad Beurue of Control. With Alan Wake and Control seems to be connected worlds. Even our city is in the universe as well. No wonder those Trail 5 and Trail 6 are haunted.
    did you know you can see @NaNoW credited in the game too ? :p
    Link
  • faraany3k faraany3k:
    So while Playing Control, I found a journal which said that a bathroom is missing in Islamabad Beurue of Control. With Alan Wake and Control seems to be connected worlds. Even our city is in the universe as well. No wonder those Trail 5 and Trail 6 are haunted.
    Link
  • EternalBlizzard EternalBlizzard:
    faraany3k said:
    What is peoples obsession with Battle Royale genre. 6 minutes to find a match, 3 minutes to setup a match, 2 minutes to land, 10 minutes for scavanging maybe 2 3 gunfigts and its over. Multiplayer landscape is looking absolute dogshit.
    I tried playing Apex Legends once. Couldn't find a gun for 5 minutes straight. If I found a gun, I couldn't find the right ammo for it. Got killed fighting with my fists. Uninstalled it the next day.
    Link
  • faraany3k faraany3k:
    What is peoples obsession with Battle Royale genre. 6 minutes to find a match, 3 minutes to setup a match, 2 minutes to land, 10 minutes for scavanging maybe 2 3 gunfigts and its over. Multiplayer landscape is looking absolute dogshit.
    • Like
    • Haha
    Reactions: iampasha and EternalBlizzard
    Link
  • M muneebjahangir:
    skip the villain arc
    Link
  • EternalBlizzard EternalBlizzard:
    iampasha said:
    I usually stay away from animes. Vinland saga changed the way i look at my life, and my experiences within. I recommend every breathing human being to watch this animated masterpiece at least once fromstart to finish.
    After I watched it, I never felt like i watched a show. It was a friggin journey. I got way too attached to Thorfinn and seeing him grow up and find himself and get rid of all the negativity inside of him was just pure bliss.
    Link
  • iampasha iampasha:
    EternalBlizzard said:
    Vinland Saga > Berserk
    I usually stay away from animes. Vinland saga changed the way i look at my life, and my experiences within. I recommend every breathing human being to watch this animated masterpiece at least once fromstart to finish.
    • Like
    Reactions: EternalBlizzard
    Link
  • Necrokiller Necrokiller:
    Crapcom's RE Engine expose hogaya saaeen. This shit ain't worth experiencing on any platform. 🤷‍♂️
    Link
  • Chandoo Chandoo:
    When a $399 console provides the same experience as a 4090. Yikes indeed saeen :sneaky:
    Link
  • Necrokiller Necrokiller:
    that's a yikes saaaen
    Link
  • Necrokiller Necrokiller:
    " Both PS5 and Series X have an unlocked frame-rate here, with performance that generally lies between 30fps and 45fps. That makes for a stuttering and inconsistent output in general play, no matter what you are doing at any given time."
    • Haha
    Reactions: EternalBlizzard
    Link
  • Link
  • EternalBlizzard EternalBlizzard:
    Vinland Saga > Berserk
    • Like
    Reactions: iampasha
    Link
  • faraany3k faraany3k:
    I absolutely hate parry and Sekiro made me love it, i hate sci fi and Mass Effect made me love it. This is the definition of genre defining experiences.
    Link
  • Necrokiller Necrokiller:
    Forbidden West Complete Edition now available on your fav websites. And Nixxes showed Crapcom how it's done 👍
    Link
  • Necrokiller Necrokiller:
    RE Engine is just utter shit for anything other than corridor design remakes
    Link
  • Necrokiller Necrokiller:
    This is a console first developer. LMAO
    Link
  • Link
  • faraany3k faraany3k:
    With how great cod warzone has translated onto mobile. Mainstream Consoles have lost its value even further. Maybe console gaming was associated with TVs and how TV is not the primary source of media consumption anymore, consoles will lose its 200 million core audiences even further.
    Link
  • Necrokiller Necrokiller:
    Even VRR can't rescue it 🥲
    Link
    faraany3k faraany3k: I dont think games have looked any better since 2019 onwards and they are performing worse and...