In English
How much percentage of your monthly income should be invested depends on your financial situation, objectives, and responsibilities. But in general, you can follow the following tips: 1. 50-30-20 rule: 50%: For essential expenses (such as house rent, ration, electricity, water, etc.). 30%: For personal luxuries (such as shopping, entertainment, or travel). 20%: For savings and investments. 2. If you want quick wealth accumulation: Keep aside 30-40% of your income for savings and investments if your essential expenses are low. 3. Major investment options: Mutual Funds/SIP: For better growth in the long term. PPF (Public Provident Fund): Safe and tax saving option. Shares/Stocks: If you can take high risk and want higher returns. Emergency fund: Keep savings equivalent to at least 6 months of expenses for an emergency. Plan your financial investments keeping in mind your short-term and long-term goals. If necessary, seek help from a financial advisor.
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