Tag Archives: salaried

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 »

Family Finance: High savings to help salaried Dalals meet goals

While aggressive investment in equity will help, it needs to be aligned to goals for a smoother journey. Nishit and Dipti Dalal are both employed and bring in a combined monthly salary of Rs 1.68 lakh. They stay in their own house in Ahmedabad and have bought another house worth Rs 60 lakh as an investment. They have taken a ... Read More »