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Divide after-tax income: 50% Needs (rent, food, EMIs), 30% Wants (dining, entertainment), 20% Savings (SIPs, FDs, emergency fund).
Salary ₹80,000: Needs ₹40,000, Wants ₹24,000, Savings ₹16,000. Simple and effective.
High-cost cities: try 60/20/20. Aggressive savers: 50/20/30. It is a starting point, not rigid.
General educational guidance on budgeting.
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