How to distribute money

Hi,

I am 23 years old. My earning is 33k p.m. I have taken a car loan for which my EMI comes Rs. 6700. My other monthly expenses is Rs. 10000. I want to know how efficiently should I distribute Rs 1,20,000 in order to save tax as well as to get better return. I would like to have proper categorization.

Also, please guide me which term plan/LIC/private insurer to pick.

Thanks,

asked Apr 19 '11 at 14:29 by Prince 1112


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Asked: Apr 19 '11 at 14:29

Seen: 1,700 times

Last updated: Apr 21 '11 at 13:45