How to Become a Personal Finance Manager in India
There are several steps to becoming a personal finance manager. The first is to learn about the trends in your financial spending and saving habits. The second step is to create a budget. You can do this manually or electronically using online platforms that link to your bank accounts. When creating a budget, keep cash flow in mind and determine debt repayment options.
Salary range for personal finance manager
The salary range for a Personal Finance Manager in India varies widely. While some cities pay more than others, the average salary is $58,000. However, the salary for a newcomer to the field is much lower – just $21,000. Here are some salary estimates for a Personal Finance Manager with less than six years of experience.
According to the U.S. Bureau of Labor Statistics, the median salary for a personal finance manager is $90,460 as of May 2017. However, if you work in the right city or industry, you can expect to earn over $200k a year. Salary is an important factor to consider when choosing a location.
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