New Delhi, May 22 -- I asked AI, as a Rs.30 lakh earner, should I build a 6-month or 1-year emergency fund? - Here's what it said

I asked Chatgpt - I am a 30-year-old tech professional earning an annual package of Rs.30 lakh. I currently have a monthly EMI of around Rs.40,000 and regular monthly expenses of nearly Rs.50,000. Given my financial situation, should I build an emergency fund covering six months of expenses or one year? Also, where should I ideally allocate this emergency corpus for safety and liquidity?

For someone in your position - a 30-year-old tech professional earning around Rs.30 lakh annually with fixed monthly outflows of roughly Rs.90,000 (EMI + expenses) - building an emergency fund is less about a standard rule an...