Since the day you got your first salary, your parents would have definitely asked you to keep aside a little for the rainy days - and we totally agree. Not just for the rainy days, but for all your future goals. If you haven’t started doing it yet, now is the best time!
With the beginning of this new financial year, just make sure you start investing a little chunk of your salary as soon as it hits your account. This way, you’d not even realise or feel the pinch and this will for sure help you manage the rest of your money better, and you can spend it guilt-free throughout the month.
The best option is to make your salary day, your SIP Day as well. A Systematic Investment Plan will help you get more disciplined and put your investments on auto-pilot mode. A regular small monthly SIP investment will also help you navigate market fluctuations and will invest your money both, during the highs and lows of the market.
Better late than never, so start SIPping, like ASAP!