MagicalNoodle
MagicalNoodle

Difficult to manage personal finance

All MFs are in red. Equity Porfolio in red. I have debt and no spare money to invest to avg out the folio. There is also layoffs happening left right and centre. Is anybody else in similar situation? How are you managing your finances?

3h ago
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GigglyBiscuit
GigglyBiscuit

thats why having an emergency fund should be the prior goal. Atleast 10L, or your 5 months expenses.

GigglyBiscuit
GigglyBiscuit

everyone is out there running for easy money.

SillyNarwhal
SillyNarwhal

MF is continuously going down down and down. Where are those people who would say MF gives 12% on an average return annually? For the last two years, it has disappointed a lot. Even worse then FDs.
Thinking kya mutual funds Sach mein Sahi Hai?

SqueakyHamster
SqueakyHamster

Dont spend unnecessarily👍

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