9 point guide on dos and don'ts (related to personal finance) keeping in mind in the lockdown period!

9 point guide on dos and don'ts (related to personal finance)  keeping in mind in  the lockdown period!

Here you go:

(1) Do keep contingency fund ready equaling at least 3 months of gross expenses or more.

(2) Do keep your net banking, payments bank, UPI, BHIM or digital wallet credentials handy.

(3) Do pay all your EMIs and credit card dues in time, if you can. Don't opt for deferment. 

(4) Do make sure that you can access your portfolio of investments, insurance online - through web or app.

(5) Don't stop your SIPs and regular investments, seeing market down every day.

(6) Make new investments in equity in phases if you've surplus money for long term.

(7) Don't listen to doomsday predictions. Let's accept no one can predict future market.

(8) Stick to age old financial principles. Some things do not change with time easily. 

(9) Review your investments, insurances and plan - when due. Avoid knee-jerk reactions.