試す 金 - 無料
How To Use Your Emergency Fund?
The New Indian Express Shivamogga
|January 27, 2025
UBRA has ₹1 lakh of emergency fund. Should Subra use that money to invest in ELSS to save some income tax?
Reader's Question.
I asked her how much is your monthly expenses? She said ₹50,000 but could go up to ₹70,000. How much time did it take to build this ₹1 lakh as emergency fund?
She said—about 8 months.
This is what I told her: You need about ₹4-6 lakh as emergency fund because you have young children and ageing parents to support. Right now, you have only ₹1 lakh and you have struggled reaching here. Also, using Emergency fund for investing or even paying Income tax is not the best way to handle money! Paying taxes is better than investing in ELSS especially for you.
このストーリーは、The New Indian Express Shivamogga の January 27, 2025 版からのものです。
Magzter GOLD を購読すると、厳選された何千ものプレミアム記事や、10,000 以上の雑誌や新聞にアクセスできます。
すでに購読者ですか? サインイン
The New Indian Express Shivamogga からのその他のストーリー
The New Indian Express Shivamogga
Rebel MLAs remove Didi as TMC chief, suspend nephew
WEST Bengal politics took a dramatic turn on Monday as the rebel “real Trinamool” camp led by Leader of Opposition Ritabrata Banerjee removed former chief minister Mamata Banerjee as party chairperson and stripped MP Abhishek Banerjee of his post as national general secretary.
1 min
June 23, 2026
The New Indian Express Shivamogga
6 dissident mps of Uddhav Sena join Shinde camp
THE six rebel Shiv Sena (UBT) Lok Sabha MPs joined the Maharashtra Deputy Chief Minister Eknath Shinde-led Shiv Sena in his presence on Monday in Mumbai. Welcoming the rebel MPs, the Shiv Sena leaders said that Operation Tiger is accomplished.
1 min
June 23, 2026
The New Indian Express Shivamogga
India-US trade deal: Apple growers seek protection and write to Modi
AHEAD of India-US negotiations on trade, apple growers from Himachal Pradesh, Jammu and Kashmir and Uttarakhand have written a letter to Prime Minister Narendra Modi, urging him not to accept any provision that could compromise the interests of growers of apples, almonds, walnuts and other horticultural crops.
1 min
June 23, 2026
The New Indian Express Shivamogga
Core sector growth slows to 7-mnth low of 0.5% in May
INDIA’S core infrastructure sector growth touched seven-month low to 0.5% year-on-year in May, due to fall in the growth in energy sector such as coal, natural gas, refinery products, as per the provisional data released by the Commerce and Industry Ministry on Monday.
1 min
June 23, 2026
The New Indian Express Shivamogga
Policy for pvt CBSE students in Gulf: Govt to SC
THE Centre on Monday informed the Supreme Court that the CBSE has come up with a new policy for evaluation of private students whose Class XII board examinations in Gulf countries were cancelled due to the recent Iran-US war.
1 min
June 23, 2026
The New Indian Express Shivamogga
No free services for pregnant women in Assam
AN Assam government hospital has decided not to extend diagnostic services to pregnant women expecting fourth child or have more than three children free of charge.
1 min
June 23, 2026
The New Indian Express Shivamogga
STARMER’S FALL REFLECTS FRACTURING BRITISH POLITY
KEIR Starmer’s resignation is more than the downfall of a Prime Minister. It is the latest symptom of a political system in the midst of a historic realignment.
2 mins
June 23, 2026
The New Indian Express Shivamogga
C'garh village loses 'donkey' tag, pride restored
SHAKESPEARE famously asked, “What's in a name?” suggesting that a rose by any other name would smell as sweet. But for the residents of a small village in Chhattisgarh’s Kawardha district, a name meant the difference between daily embarrassment and generational dignity: For decades, the village carried the hapless name of “Gadhabhata” (historically a place associated with donkeys).
1 min
June 23, 2026
The New Indian Express Shivamogga
CISF plans to set up data fusion centre in Delhi to ramp up aviation security
IN a significant move aimed at bolstering aviation security and streamlining passenger movement, the Central Industrial Security Force (CISF) has proposed setting up a Data Fusion Centre in Delhi that will integrate surveillance systems, including facial recognition technology, across major airports in the country.
1 min
June 23, 2026
The New Indian Express Shivamogga
Data projects may cover 15% of IT cos’ revenue
AI deployments are driving demand for data modernisation projects, which analysts estimate could contribute 10-15% of revenue for large IT services companies as clients move beyond pilot programmes.
1 mins
June 23, 2026
Listen
Translate
Change font size