What is a good salary to save QAR 20000 per month with family in a decent 2BHK flat and weekends eating out?
By Glenfiddich •
Lifestyle:
1) 2BHK flat in a decent area
2) Weekends in Ramada/Sheraton for a couple of drinks
3) Weekends eat-out in a restaurant (Holiday Village, etc)
4) Family consists of wife and a small baby
At the moment I can save around QAR7000 equivalent in India per month. But I am seeking to save at least 3 times that in Qatar to consider relocating.
In doha you can triple your expenses but not your savings. For 20k saving a month you need atleast 40k salary per month with moderate living. Getting 40k job in Doha is not easy .
So i suggest its good to be at Home....India
I have salary of 20K and i save 8000 QR with great difficulty with family as per your life style i must say you should get a salary upto 40K. to achieve ur target.
GLENN,heres a calculation with regards to your salary
house rent-------------- 9000
car--------------------- 2300
bar--------------------- 2000
communication----------- 1000
outing expenses--------- 2500
grocery----------------- 3000
miscellaneous----------- 250
total-------------------20050
it seems your salary is less by 50 Qatar riyal,that means you're going to pay more 50 riyal per month.
2 bhk rent= 7000
w/e = 300
tel/adsl = 250
food grocery = 1500
dining out= 1500
car = 1500
misc = 750
---------------
total = 12200
--------------
you need to earn more that 32k atleast to make you target saving.
40-45K/month Minimum.
Not sure about your job but 90 of Doha population will earn less then what you want to save. Doha is very expensive so if your cost of living is US 1k in India (not house,,,, just your daily spending incl eating and drinks it will be I guess in Doha 2-3 k US$
put your 20 k QR = 5.5 k US$ on top, = 8.8 K, any other obligation, payments and so on, it all depends on your initial salary and your style
good luck
QR40000/month would be just sufficient to achieve your target