HOW TO SECURES YOUR FUTURES WITH SMALL INVESTMENT?

Those Earning 15 thousand Rupees Every Month Can Also Add 20-25 Lakh Rupees, They Just Have to Adopt This Method for Investment.

The younger you inculcate the habit of saving and investing, the sooner you can improve your life. Even if you earn 15 thousand rupees monthly, you can still add 20 to 25 lakh rupees.

If you want to secure your future, then you should make a habit of investing because a good amount can be added for the future only through better investment. According to experts, every person should get into the habit of saving and investing along with his first salary. In the matter of investment, many people argue about how money can be saved for a small salary. Regarding this, a financial expert (Shikha Chaturvedi) says that every person should limit his expenditure according to his income. Whether earnings are small or big, in any case saving and investments must be made.

If you feel that your income is less then find a way to increase your income, but do not make an excuse for not being able to save. The younger you inculcate the habit of saving and investing, the sooner you can improve your life. Even if you earn 15 thousand rupees monthly, you can still save at least 3000 rupees every month. Know How?

How To Save From Rs.15000.

In this matter, Shikha says that everyone should follow a simple rule of savings. In such a situation, every person should withdraw at least half of his salary i.e., 50 percent for the necessary expenses of his house. 30 percent of the money can be withdrawn for other expenses like medical expenses or to fulfill any of your hobbies and 20 percent should be saved and invested. Even if you earn Rs. 15,000, you can withdraw Rs. 7,500 for essential household expenses and Rs. 4,500 for other additional expenses. In this way, you can spend 12 thousand rupees per month according to your needs. At 20 percent you have to save only Rs.3000. Invest this money in some place from where you can get better profits.

Where To Invest?

Shikha says that there is nothing better than SIP in terms of better returns in today's time. In this, you get compounding benefits and an average return of 12%. You can get more than this. All you have to remember is that you invest in SIP for a long time. The longer you invest, the better you will be able to take advantage of compounding.

How To Make 25 To 30 Lakh Rupees?

Suppose you invest Rs.3000 every month in SIP for 20 years. In this case, you will invest a total of Rs.7,20,000 in 20 years and according to 12-month percentage interest, you will get a profit of Rs.22,77444. In such case a situation, you will get a total of Rs.29,97444 including principal and interest for 20 years, which is around 30 lakhs. If you do not want to invest even 3000, then you can invest Rs.6,00,000 in 20 years and according to 12 percent compounding interest, you will get Rs.18,97870 as interest. In this case, including principal and interest, you will get a total of 24,97870 on maturity, which will be around 25 lakhs. That is, if you make a habit of investing from the age of 22, then at 42 years you can become the owner of 25 to 30 lakhs.

            Content writer- Aryan Kumar.

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