Question 1

50/30/20 rule क्या है? Monthly budget India?

Accepted Answer

50/30/20 rule: 50% income → needs (rent, EMI, groceries, utilities); 30% → wants (dining, entertainment, shopping); 20% → savings and investments (SIP, PPF, emergency fund). ₹70,000 in-hand salary पर: ₹35,000 needs, ₹21,000 wants, ₹14,000 savings।

Question 2

How much should I save from my salary in India?

Accepted Answer

A good benchmark: save at least 20% of your take-home salary. Prioritise: (1) 3–6 months emergency fund first; (2) then invest in EPF, PPF or ELSS for tax saving; (3) then SIP for long-term wealth. If your EMI-to-income ratio exceeds 40%, focus on reducing debt before increasing investments.

Question 3

Rent कितना होना चाहिए salary का?

Accepted Answer

आदर्श रूप से rent आपकी in-hand salary के 30% से कम होना चाहिए। ₹60,000 in-hand salary के लिए rent ₹18,000 तक ठीक है। इससे ज़्यादा rent पर savings और investments के लिए कम पैसा बचता है।

Question 4

What is a good emergency fund size for India?

Accepted Answer

Aim for 3–6 months of total monthly expenses in a liquid account (savings account or liquid mutual fund). If you have EMIs or dependants, target 6 months. A ₹50,000/month expense household should have ₹1.5L–₹3L as emergency fund before investing elsewhere.

Monthly ExpenseTracker

Monthly Expense
Tracker