What is your preferred approach for safe keeping your savings?
How much would you allocate for emergency fund? How much would you allocate for investment (shares/mutual funds/ gold/ bonds)? How much would you allocate for dead assets (property/ land)?
26 yo
Emergency fund 5-7 L.
Shares 25L
FD 10L
Ppf 20L
I have been working in the IT industry for around 14 years, and as a result, I have built up my savings without any debts. My current monthly income is ₹1.7 lakhs. I work from home and have minimal expenses, as my parents cover most of m...
Suggestion is to get married lol. Jk:)
Stop SBI and LIC and instead buy a term insurance from Private players, and invest remaining amount into MF, try to i...
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 c...
It's been close to a year since I am earning a salary and this is what I do:
Following the 50-30-20 rule for 5 years now. Started with a salary of 6LPA fixed. Now at 25LPA. Investing ...
I do the same. Invest 50% in MF(Flexi cap and Index funds) and remaining in 80C instruments here and there. Tip - M...
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 give...
At least 3 months of expenses, plus some emergency funds. Unless you have an account in some obscure small bank, don...
