Edelweiss Mutual Fund CEO Radhika Gupta has shared a '10-30-50' formula for managing finances. "In your 20s: Save 10% (or even 1% if that's all you can manage- habits matter more)," she suggested. She recommended people to save 30% of their income in their 30s, adding, "In your 40s: Save 50%. This is peak income, make the most of it."