Are You Financially Fit?

ArvindCategories: DSIJ_Magazine_Web, DSIJMagazine_App, MF - Special Report, Mutual Fund, Special Report
Are You Financially Fit?

Imagine two professionals, both aged 35, both earning ₹1.5 lakh a month and both living in the same city. At first glance, there may be little difference in their financial lives, as both earn the same income and can afford a similar standard of living. Look beneath the surface, however, and the picture changes considerably. The first person saves ₹45,000 every month, maintains an emergency fund covering six months of essential expenses, has adequate insurance and steadily invests in mutual funds and equities.

Imagine two professionals, both aged 35, both earning ₹1.5 lakh a month and both living in the same city. At first glance, there may be little difference in their financial lives, as both earn the same income and can afford a similar standard of living. Look beneath the surface, however, and the picture changes considerably. The first person saves ₹45,000 every month, maintains an emergency fund covering six months of essential expenses, has adequate insurance and steadily invests in mutual funds and equities. 

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