Ideas from books, articles & podcasts.
As it is for "emergencies" it will only cover your needs. Amount spent on food, rent, electricity, EMI's etc. will be covered.
However other personal expenses will not be covered (The things which you want to buy but you don't actually need.)
Use 10+20+70 rule for keeping amount set aside as emergency fund.
The reason behind having more funds in liquid mutual fund is simply because it gives slightly b...
created 2 ideas
A simplified version of game economy.
created 4 ideas
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