Software developer | Aspiring personal finance nerd | Not affiliated with Aditya Birla Group 😄 #PersonalFinance #FinanceForBeginner #ABFinance
India
Joined May 2025
- Tweets286
- Following192
- Followers236
- Likes714
1/4
Parking 6 months of expenses in an FD is classic adulting 101.
The goal isn’t to beat inflation — it’s to keep you afloat when life throws a curveball. ☔
#PersonalFinance #EmergencyFund
3/4
So where to park the rainy-day fund? ☔
💡 Option 1: Keep 1-2 months in Savings/FD for instant cash.
💡 Option 2: Arbitrage Funds for the rest. Taxed like equity (12.5% LTCG after 1 yr), so your 30% tax slab won't touch it. 🧠
#MutualFunds #Investing
4/4
💡 Option 3: Liquid Funds or High-Yield Savings Accounts for quick liquidity, though tax slabs still apply.
Bottom line: Keep your emergency fund SAFE & LIQUID, but don't let tax leaks drain your lifeboat! 🛟
#PersonalFinanceIndia #SmartMoney
1/4
Some old nasty curry in new pots.
Social Media influencers asking you to join Telegram channels to "make money"?
They are scammers. Avoid. ❌
#scamawareness
#bettingScams
3/4
Graph prediction apps claiming you can win money just by guessing "Up or Down" are another trap.
It’s gambling disguised as investing. 📉
Remember, in every type of gambling - the house always wins!
4/4
How to spot red flags? 🚩
* Guarantees quick/easy riches
* Operates on Telegram/WhatsApp channels
* They ask you to "click their link" to sign up
* Asks you to "bet" or "predict"
* It's a "game of chance" but sold as "game of skills"
#StaySafe #FinanceTips
parag ab retweeted
Most ₹2000 banknotes in circulation have already been returned, but if you still have one, here's what you should know:
- ₹2000 banknotes continue to be legal tender
- You can exchange them at the 19 RBI Issue Offices
- You can also send them through India Post to any RBI Issue Office for credit to your account.
Stay informed. Stay updated with RBI.
Check out this link for more detailed information:
rbidocs.rbi.org.in/rdocs/Pre…
@TataAIA_Life @TATAAIGIndia
You people such a disappointment. I have paid my yearly premium well before the due date
Still I get a dozen calls per day trying to sell me riders (which I told I don't want) long back
Worst part is every caller tells me that TODAY is the last day.
They say "today is the last day to close your file" and they've telling this for past 3 days.. Disgusting!
Some of them can't even read English spellings.
2/3
The Matchmakers:
Form 26AS: Your consolidated tax statement. Think of it as a passbook for all the TDS deducted against your PAN. Cross-verify this with Form 16, or prepare for a mismatch notice.
Bank Statements: To track every single rupee of savings account interest.
3/3
The Proofs (If you like the Old Tax Regime):
Investment Proofs: All your 80C/80D receipts (PPF, ELSS, Insurance)
HRA/Home Loan: Rent receipts, landlord's PAN, & home loan interest certificates
File early, sleep peacefully!
#ITR #IncomeTax #TaxSeason #PersonalFinance🇮🇳
* Some uneasy moments:
> Sowing a seed in a pot, water daily but nothing "visibly exciting" happens for 3-4 days 🫣
> Buying a musical instrument and failing to play it smooth for 10-15 days straight 😔
1/n
* Some blissful moments that follows:
> Seeing the seed that you sow, grow into a plant 🪴 & blossoms in its season 🌸
> You are able to play the instrument effortlessly after practicing for a month 🎼🎶🙂
Typical #investment journey of salaried individual:
Stage 1: Age 23-24. Just started a career. Barely set aside 500-1k ₹/month.
Will put it in bank or small SIPs.
If it can buy a smartphone towards end of year, more than enough.
But the internet calls'em loser.
Frustrated! 😪
Stage 5: Age 32 and 35. Keeping track of small numbers seems irrelevant.
Think about "Investment and its purpose" whole new way.
Learns that money is "a fuel to run the life" not "the life"
Understands economy better than 25 YO self.
Set better goals, increase learning.
Knows what, when and how of #investing
Get frequent Interactions with HNIs. Understands meaning of "financial peace" 😇