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Money Questions

16 guides · updated 2026

Direct answers to the money questions people actually ask — how much rent, how much car, how big an emergency fund — each one answered with real numbers and a rule of thumb you can apply to your own situation.

How to use these guides

Each answer here gives a number and the rule of thumb behind it, so you can apply it to your own situation rather than copying a figure that assumed a different income. Read the reasoning, not just the answer.

Where an answer depends on where you live or what you earn, the guide says so and points at the calculator that takes your figures. Rules of thumb are a starting position, not a verdict.

If two answers here seem to conflict, check the assumption each one states about income and city. Most money questions have no single right figure — they have a range, and the useful skill is knowing which end of it your own situation sits at.

Where an answer caps something as a share of income, read the percentage as a ceiling and not a target. A rule that says no more than 30% on rent is not an instruction to spend 30%; it is the line past which the rest of the budget stops working.

All money questions guides

What Is a Good Savings Rate in India?How Much Emergency Fund Do I Really Need?How Much Rent Can I Afford?What Percentage of Salary Should Go to Food?Is the 50/30/20 Rule Right for Indian Salaries?How Much Should I Spend on a Phone?How Much Car Can I Afford?Should I Pay Off Debt or Invest First?What Is a Sinking Fund and Do I Need One?How Often Should I Review My Budget?Why Does My Salary Disappear by the 20th?Is It Bad to Use Credit Cards for Everything?How Much Should I Keep in My Savings Account?What Is Lifestyle Inflation?How Do I Stop Impulse Buying Online?Are Budgeting Apps Safe to Use?