ilmscore | How To Increase Your Savings

How To Increase Your Savings

Predictions from this Video

Total: 2
Correct: 0
Incorrect: 0
Pending: 2
Unrated: 0
Prediction
Topic
Status
Advocates for a 10% margin of safety for monthly expenses and investing the remaining 90% at the start of the month.
"so just keep a margin of safety of 10 per every month so in your case it's around 5,000 rupes extra and invest the remaining 95,000 rupes at the beginning of the month itself"
Investment Strategy
Pending
Recommends maintaining an emergency fund equivalent to 3 to 6 months of monthly expenses.
"also have an emergency fund which covers 3 to 6 months of your monthly expenses"
Emergency Fund
Pending