My Wealth Guide

Simplifying Money. Founder @quirkylogic . SEBI Registration No INH000008677. India's Top 100 Women in Finance
BECOME FINANCIALLY FREE ⬇️

[Baibhav Mishra @mishra_baibhav]

I think one of the biggest positives of moving to NCR has been on my savings. Income has remained stable while my expenses are almost 75% down. Not like I wasn’t comfortable in BOM (and I can’t wait to get back there now that I have a permanent address there) but the savings actually have been substantial.

And this time I have channeled most of it to my liquid investments rather than long term one. And I have paid like 20% of debt too(though it was good debt but just felt like paying it off). Idea to build a significant portion of money in short term assets.

Major focus on long term investments will begin again post the FY. I’ll get back to equity post this heavily once I’m done here.

Wanted this to be the year of savings. Short ones never had a chance in my portfolio and I think I have allocated a lot of money in the long term ones in last 3-4 years. And got the real estate thing done as well.

Also I sat this with @QuirkyLogic a few months ago, which I had planned with her some years ago. She has also helped me and I have kept bugging her( even in her vacations and holidays). She is the best( and also she is charging me less than a packet of peanuts). But I think I need to take more of her advice and keep my madness at the bay. Woh na sunne ki aadat bhari pad sakta hai

And then there is the @foldmoney_ app. Didn’t even know my expenses before and I have spent a lot of time in it now. The tagging is fantastic. And the app is great. Very well done and recommended. It’s time I took their paid subscription as well.

So not all things about NCR is bad. Kind of like it right now…

(Waise garibi abhi tak hai par ye thoda cozy garibi hogaya hai abhi)

[Salonee Sanghvi, CFA @QuirkyLogic]

Are you applying to the Lenskart IPO ?

If yes share your reasoning in the comments.

[Salonee Sanghvi, CFA @QuirkyLogic]

Most people are reacting to headlines.

You just read the facts.

🔁 RT this to fix the misinformation. #EPFO

https://t.co/kxQFZ06kzl

[Salonee Sanghvi, CFA @QuirkyLogic]

So, is #EPFO right to “protect” your savings or wrong to delay full access? #epfoscam

What do you think ? 👇

[Salonee Sanghvi, CFA @QuirkyLogic]

Let’s be clear:

Your PF was never an emergency fund.
It’s your retirement safety net.

If you rely on PF for liquidity, you don’t have a financial plan, you have a ticking time bomb.

#EPFO

[Salonee Sanghvi, CFA @QuirkyLogic]

Everyone’s shouting, few are reading 👇

Myths vs Facts: #EPFO

❌ “You can’t touch PF for 12 months after job loss”
✅ You can withdraw 75%

❌ “EPFO has made withdrawals tougher.”
✅ They’ve actually simplified 13 confusing rules into 3 clear ones.

❌ “This kills liquidity.”
✅ Partial withdrawals now allowed after 12 months of service, not 5–7 years.

[Salonee Sanghvi, CFA @QuirkyLogic]

Here’s what actually changed under #EPFO 3.0👇

13 confusing withdrawal clauses → now just 3 categories:
🟦 Essential (education, marriage, illness)
🟨 Housing
🟩 Special Circumstances

Partial withdrawals allowed after 12 months of service (earlier 5–7 years).

Up to 100% withdrawal of your eligible balance (75% accessible, 25% must stay).

No paperwork. Digital auto-settlement.

[Salonee Sanghvi, CFA @QuirkyLogic]

So #EPFO hasn’t locked your money for a year, it’s just changed the final settlement timeline.

Right or wrong, the goal? To keep some balance earning 8.25% interest and protect your retirement savings.

[Salonee Sanghvi, CFA @QuirkyLogic]

For years, employees could withdraw their full PF 2 months after leaving a job.

Now:
✅ You can still withdraw 75% of your PF
⏳ Only the final 25% can be withdrawn after 12 months.

Pension withdrawal needs 36 months.

[Salonee Sanghvi, CFA @QuirkyLogic]

WeWork wasn’t a startup, it was a cult.

Just finished Billion Dollar Loser by @reeveswiedeman and the story of Adam Neumann shows how hype, hubris, and VC money can wreck capitalism itself. 🧵

[Baibhav Mishra @mishra_baibhav]

My mutual fund portfolio has hit a significant milestone today. Many congratulations to @QuirkyLogic for making it happen . Thinking what colour of Ferrari to buy today

[Salonee Sanghvi, CFA @QuirkyLogic]

Some books teach.
A few rewire your brain.

The Almanack of Naval Ravikant by @EricJorgenson didn’t just change how I think about wealth, it changed how I think about life.

Here are 9 uncomfortable truths that hit hard 🧵

@naval

[Salonee Sanghvi, CFA @QuirkyLogic]

If you’re relying on your PF for liquidity, you don’t have a financial plan, you have a ticking time bomb.

EPFO was never your emergency fund. It’s your retirement plan.
A long-term asset with a lock-in cannot be your safety cushion.

[Salonee Sanghvi, CFA @QuirkyLogic]

🤯 #TIL People use PF as an emergency fund. A long-term asset with a lock-in. #EPFO

Do you think PF should or should not act as an emergency fund?

[Salonee Sanghvi, CFA @QuirkyLogic]

Have you ever withdrawn any money from your EPF ?

[Salonee Sanghvi, CFA @QuirkyLogic]

🚨 A lot of false info is flying around about the new #EPFO rules.
Many think you can’t withdraw your PF for 12 months after job loss.

That’s wrong.
Here’s what’s really changed (and what hasn’t) 👇

[Salonee Sanghvi, CFA @QuirkyLogic]

🚨 IF YOU'RE EARNING LESS THAN 12l PA NO TAX FOR YOU. THAT'S INCOME OF 1/L A MONTH.

More on taxes in a week with new bill. #BudgetSession2025

[Salonee Sanghvi, CFA @QuirkyLogic]

🚨 US puts tariffs on Canada, Mexico and China. They account for 40% of imports in the US.

Canada puts retaliatory tariffs, Mexico and China evaluating further measures.

*Enter mandatory comment on how India could benefit from this but may not*

*Settles down with popcorn🍿*

[Salonee Sanghvi, CFA @QuirkyLogic]

A good company is not necessarily a good stock

[Salonee Sanghvi, CFA @QuirkyLogic]

@ActusDei Most NFOs should be avoided