Tag Archives: Prashanth

Family finance: Why salaried Prashanth and Sushma need to increase investment in equity

Prashanth and Sushma stay with their three-year-old child in Kallige, Karnataka. They are both engineers and get a combined monthly salary of Rs 1 lakh. They have a house worth Rs 60 lakh and are repaying a Rs 2 lakh home loan with an EMI of Rs 9,000. After considering household expenses, EMI, insurance and investment, they are left with a surplus ... Read More »