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Money Magazine - Oh Shit Money!

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Oh shit money is nothing but emergency fund which is very resourceful when you are stuck in Oh Shit Situation. Let’s call it Oh Shit Kitty. An Oh Shit Kitty is an easily accessible stash of money for use only in case of oh shit situation. It is not to be used to buy a new car. It is not to be used to buy a new PlayStation. It is not to be used to remodel your bathroom. It is for use only in case of emergency.

Money Magazine - How Much to Save?

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Rule OF Saving 75:15:10 75:15:10 is the most popular rule of saving around the world. All you have to do is divide your monthly pay check to three parts 75 Needful Rupee 15 Safest Rupee 10 Sweetest Rupee