Never use your emergency savings to pay off a bill unless you are severely in debt or a true emergency circumstance
The current interest rate on the PPF is 7.1%, making it one of the government-backed high-yielding modest savings schemes
PPF contribution must be locked in for 15 years. However, if you want to invest for a longer period of time, you can do so by extending your account f
Apart from the habit of savings that will be inculcated in your child, a PPF account opened early in life can result in big savings for the child