Family finance: Early planning, high surplus to help Gawades meet goals easily

He should invest the surplus for two months before starting investment for other goals. Nitin Gawade is a software engineer, who lives with his homemaker wife, Deepali, in his own house, in Pune. Gawade brings in a monthly salary of Rs 99,000, and manages a surplus of Rs 44,690 after household expenses, home loan EMI (for a Rs 13 lakh loan), insurance premium and investments. Though his portfolio is a meagre Rs 22.2 lakh at present, an early start to financial planningmeans he will be able to meet his primary goals with ease….

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