21 Thumb Rule of Personal Financial Planning

CA Brijmohan Lavaniya , Last updated: 12 May 2020
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1. 30% of your income must be used for monthly living expenses. 2. 30% of your income must be used for Liabilities repayments if any. 3. 30% of your income must be SAVED and INVESTED for your future LIVING. 4. 10% of your income must be spared for entertainments, vacations 5. 6 months ex

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Published by

CA Brijmohan Lavaniya
(CA and Operations Leader with over 6 years of experience in the tax and finance domain. Currently the Head of Operations and a Founding Team Member at TaxBuddy.com, a leading online platform that provides tax planning and filing services.)
Category Income Tax Report