Financial Planning

Build an emergency fund, strong savings habits, and a household budget.

Lesson 1

Your emergency fund

Money set aside for unexpected times — illness, repairs, lost income.

3 minutes

An emergency fund is savings you only touch in a real emergency.
Aim for 3 months of basic expenses, built slowly — even ₹100 a week adds up.
Keep it accessible but separate, so you aren't tempted to spend it.
This fund means a small problem never becomes a big debt.

Lesson 2

Strong savings habits

Pay yourself first, automatically and regularly.

2 minutes

Save first, spend later: set aside savings the day income arrives, before other spending.
Use a separate jar, RD or SHG contribution so saving happens automatically.
Small and regular beats large and rare. ₹50 a day is ₹18,000 a year.

Lesson 3

Household budgeting

A simple plan so money lasts the whole month.

3 minutes

Try the 50-30-20 idea: 50% needs, 30% wants, 20% savings — adjust to your situation.
Plan big yearly costs (festivals, school fees) by saving a little each month.
Involve your family so everyone supports the plan.
Review at month-end: what worked, what to change next month.