Hope everyone out here is doing great and are all set and ready to celebrate the festivities coming up (but first - mask it !)
So then, let me ask you - How many of you have been on a spending spree the past few days with all the sales and discounts? Are you guilty of splurging too much? Is that guilt eating up your sleep-time? Yes or yes?
Like always, we at Niyo are here to your rescue. No more spending sleepless nights, tripping on the guilt of overspending because with Invest The Change, you have a chance to SAVE & INVEST every time you SPEND.
All you need to do is, visit your NiyoX app, tap Invest The Change, chose
from a curated list of Mutual Funds to invest in, complete the one time process and Turn ON auto-investing.
Every time there is a debit from your NiyoX savings account, we make a note of the spare change.
Once the accumulated spare change amount reaches or crosses Rs. 100, we send an auto-debit request to your bank, to deduct this amount and invest it in the fund that you selected.
For example, if you spend Rs. 952 on Amazon (and the roundup value is Rs. 10), then only Rs. 952 will get deducted from your account at that time. However, we will make a note of the spare change that will be calculated as:
Rs. 952 can be rounded up to Rs. 960 (rounded up by 10). Spare change = Rs. 8 (960 – 952). Once the accumulated change reaches Rs. 100, post a few such similar debits, it will get invested.
This will get you into the habit of investing, without keeping a tab every single time. This will also help you become a disciplined, consistent investor, thus making your spare change work for you every time you spend.
Oh, and this will also help you sleep peacefully and guilt-free because you know you’re not just SPENDING, but you’re SAVING and INVESTING on the side too.
Haven’t explored Invest The Change yet? We definitely recommend you try it out here > https://niyoxi.onelink.me/tEhp/20d2c222
Best part? You can turn it off, whenever you want!
Tried it already? Do let us know your thoughts in the comments below.
- Yes, it’s seamless and easy
- No, but sounds interesting