EMIs make a significant dent in your monthly budget; therefore, they should not exceed 40% of your salary.
It's a general rule practiced by finance companies to sanction loans, but individuals can also use it to manage their finances.
Do you also use the rule of 40% EMI? Let us know in the comments 💬 below.
⬇️Download the 👇 apps now!
MO Investor app: http://ow.ly/NbPi50GqIWaResearch360 app : http://ow.ly/Z0uN50KFnsm.
🔗 Disclaimer: http://ow.ly/O7en50JjfL1
▶️ Share this with your investing buddy.
.
🔖 Save this post for future reference.
.
☑️ Follow us for more "Did you know."
.
#MotilalOswal #DidYouKnow #40percentEMIrule #ruleof40percentEMI #financefacts #didyouknowfacts #didyouknowfinance #trendingnow #knowledge #finance #goodreads #interestingfacts #investingsimplified #financerules #MotilalOswal #DidYouKnow #40percentEMIrule #ruleof40percentEMI #financefacts #didyouknowfacts #didyouknowfinance #trendingnow #knowledge #finance #goodreads #interestingfacts #investingsimplified #financerules
Posted On: 12 Oct 2022 9:00 AM
