Build an emergency fund of at least 9 months.
Get a term life insurance and health insurance. Avoid ULIPs (Unit Linked Insurance Plans).
Invest according to asset allocation
Hi , i am 20M from Gujarat , currently studying in MBBS , What should i am doing in my 20s & what not . Tell me which mistake i avoid & good habits implied on my self . What should you do if you are in 20s ?
Am 20M currently studying in medical , i have total 6 Bank account on my name
1 . HDFC ( 5k minimum )
2 . Sbi ( 2k minimum )
Zero balance
1 . Au small finance
2 . Kotak
3 . Federal
4 . IndusInd
Should i keep all 6 account ? Need guidance
I am using ind money . it is better for starter , no amc charge & you must not associated with federal bank you can start as low as 100 rs minimum investment
I am an HDFC customer they now provide me only 2 option HDFC freedom card & indian oil card both has 500 rs joining Fees and annual fees should i take it or wait until 21 year old . If any idea how can i reduce this annual or joining fees