INVESTING IS AS IMPORTANT AS SAVING - HOW TO SAVE IT !


INVESTING IS AS IMPORTANT AS SAVING  - HOW TO SAVE IT !


Table of Contents

* What is saving money
* What are money investments                                                                                                                                                                                                                                                                                    Look no one has seen the future There may be some unexpected incidents in life that can lead you to a lesser helpless situation.

Even our parents always told us that if you are earning a buck, save half the money. Because half of the money will benefit you with one rupee when you need it most. This is about saving

WHAT IS SAVING MONEY

All this starts with creating a budget. Sit with one sheet of paper and make two columns - income and expenditure Make a list of all sources of income and pathways.

After this, classify your expenses as high, medium and low priority expenses. Learning to save a lot of money requires a good understanding of your expenses and their priorities in your life.

Now focus on low and middle priority spending and try to think about those ways where you can avoid them. Once your income starts to exceed your expenses, you will save money.

WHAT ARE MONEY INVESTMENTS

The process of buying something by which it either appreciates in value over time or provides regular income, it is called investment.

 Therefore,

if you invest your money in gold, then you expect it to increase in value after keeping it for a few years. Similarly, by investing in shares or mutual funds, you expect more money than your original investment.

It is important to invest because it allows your money to grow faster, from the stock market to the mutual fund and post office savings accounts to fixed deposits, you can invest your savings according to your budget.

 Yes, but there is an old saying, 'No risk, no gain'.

You should find the savings needed to meet all your expenses and uncertainties. Payment should be given for utilities, instalments, credit cards, rent etc.

For premium and health insurance, there should be a premium. Once this happens, you will know clearly what your surplus is, and you can convert it to investment assets.


If you really want to save and invest your money then you can get help from various market experts. They will help you better

thanks for the time. 

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