Hi Manish,
I have gone through most of your articles. I need a suggestion from you. I’m a software engineer and I’m earning 50k monthly and my savings are as below
- 5k for chit
- 10k in MF(SIP in different firms)
- 2k for RD (which is diverted to pay LIC premium) .
recently I have a baby girl. i would like to divert some fund for my baby’s future. further I can afford to invest 3k more per month. Please suggest me some good plan. whether to invest in RD or to invest in MF again or any other plan.
It would be helpful for me if you suggest whether I’m on right track or not.
Thanks,
Maheedhar