lol, I’ll open an FD instead

As u guys know only 5L is insured, I want to know how much you’re comfortable keeping in account? Maybe someone’s living expense could be 10L a year and they are okay with keeping that as emergency fund liquid, just an instance. But given the kinds of scams and stuff that go on in wild, what is a good formula or number of Lacs to keep in bank account? Maybe u have several accounts for different purpose and u divide it? Please share your views.

I know it sounds very funny as it's almost nothing, but considering my background, this is huge for me after just turning 23 and started working 4 months ago at 7k pm. I got 92k just in last 7days. I was in heavy depression for few years, had no plans for future even few months ago. My target was 1L at the end of 2023, got it after 3 days. Mostly I am putting all in MF now. I don't need emergency funds as of now, my parents have planned for those. Any suggestions would be appreciated. I need to upgrade to a mid level laptop asap. So it'll be big investment. An investment that I hope will give me massive return. Next realistic target 7-8L at end of 2024. Let's see if I can get there or not.

I have lump sum of 3.6 lakhs in my savings account. Pls suggest where to invest it. I am thinking of 50% of lump sum invest in FD and 50% of lump sum in liquid funds.

I'm recently checking out all the Fixed deposits out there for saving my emergency fund. Among everyone Shriram Fixed deposit provides max interest rates? Is it worth it? Or any other suggestions for the best FD?

Where do you all save emergency funds and other savings for short term needs. Let's say if you wanna save some amount of your salary and don't want it in a bank, where would you put that money so it gets better returns than bank and it can be easily liquidated. Please suggest where you would put it and how much returns you may expect.

Got my salary today and within few hours i was left with just half of it after playing: Credit card bills Electricity bill and other recurring expenses being left with only half the salary for the rest of the month creates a slight fear in my head. How do i plan to spend the remainder salary. How much should i save how much should i keep liquid for emergency and how much should i keep for daily/personal expenses? help a bro out

PAYTM Payments Bank essentially asked to shut shop. Afaik here are the few implications 1. Stock market will react in a bad way to them 2. Worst affected are going to be FasTag users who bought from PayTM. 3. No deposits / credits allowed in any account. Withdrawal is allowed. 4. UPI not allowed after Feb