Скачать или смотреть Couple Living in a Metro with a Kid? Here's your Plan!

30s, Married, 1 Child, Living in a Metro (e.g., Mumbai, Delhi)
📊 Combined income: ₹20–25L per annum
🏠 Monthly expenses: ₹1.2–1.5L (incl. rent/EMI, childcare, lifestyle)

 

✅ 1. Emergency Fund First

💰 Target: ₹6–9L (6 months of expenses)
💼 Where: Liquid funds or sweep-in FD
🔐 Why: Job loss, health crisis, or big repairs—be ready, not sorry.

 

✅ 2. Smart Insurance Choices

🏥 Health Insurance: ₹10–15L family floater (top-up if employer provides cover)
⚰️ Term Insurance: 15–20x of the earning member’s annual income
🛑 Avoid: Endowment & ULIPs—they don't protect, they trap!

 

✅ 3. Child Future Planning

🎓 Goal: ₹50L+ for college in 15 years
💼 Start SIPs in index funds or hybrid mutual funds now.
⏳ ₹10,000/month @12% CAGR = ₹50L in 15 years

 

✅ 4. Retirement Planning (Start Early!)

🧓 Goal: ₹4–5 Cr corpus by age 60
📈 Invest ₹15–20K/month in diversified mutual funds or NPS
💸 Don’t depend solely on EPF or PPF

 

✅ 5. Lifestyle & Wealth Goals

🏡 Want to buy a house? Calculate EMIs smartly (max 30–35% of income)
🚗 Fancy car? Plan post-investments, not before.
📉 Avoid lifestyle creep: As income grows, increase investments, not expenses

 

✅ 6. Monthly Allocation Blueprint

30% → Investments (Mutual Funds, SIPs, NPS)

30% → Household & living expenses

20% → EMIs (if any)

10% → Insurance & medical

10% → Fun & guilt-free spending

💬 Pro Tip:
"Talk money with your spouse monthly. Plan together, win together."
Your child is watching—be the role model for financial wisdom.

 

🔁 Tag your partner or a young parent you know. Let's make smart money moves mainstream!

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