How much money do you keep in your savings account?

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As per rule you should keep 6-12 months of your expenses amount, and extra in investment.

I am keeping 40 lacks in account right now. I used to take advantage of interest income tax free from saving .But from this year Income tax dept has this info as well. I will buy flat now.

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How do you took advantage tax free interest?

I keep 20 lakhs total in 2 different accounts of 10 lakh each. One has higher interest and other is a more reliable bank. I don't think putting in FD makes sense anymore because of only 6% rate and you have to pay TDS on it.

Instead I invest in mutual funds, PPF and stocks apart from this. Total investment is about 1.2 lakhs per month... So it depends how much you wanna keep in yours compared to your income. I already invest and spend a lot but still have about 1 lakh money left every month, so keep putting it in savings

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Mujhe bhi jaana hai Package Breakup 🥹 - Fixed + Stocks ? (Vesting Time)

2 lakhs

You should create an emergency fund and keep one year salary there

Job loss insurance?
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2lac in each liquid cash.

Keep 20 percentage of 6month or 1 year of your expense amount in savings account for the purpose of emergency..rest 80% keep in either flexi FD or liquid funds...

Sutta marne ke liye jitna chaiye , utna rakhata hu

Thoda Ghar pe cash rakhta uu

I don't put all my eggs in one basket so I have more than one savings account. I usually add 10% of my monthly salary to each account.

How many savings account you have?

10% of overall portfolio/net-worth else invested in Stocks(MF/EQ).

1-2 Lakhs

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