Keep EMIs under 20% of monthly outgo: Saurabh Mukherjea

Author Saurabh Mukherjea said on a podcast that people should keep debt low and "live life within their means" before investing. He said home loan EMIs should account for less than 20% of monthly outgoings, recommended life and health insurance cover, and advised reviewing finances annually. He also cited health insurance inflation of 10-15% a year.