Have you ever wondered whether you should start investing immediately after you start earning? Maybe you've just received your first salary. You download an investment app. You start looking at mutual funds. You hear about SIPs. Someone tells you about stocks. Another person tells you that you should start investing as early as possible because of the power of compounding. And everyone seems to be talking about how to grow your money . But there is one question I think we often forget to ask: What happens if something goes wrong before our investments have had time to grow? What if you have a major medical expense? What if you suddenly lose your income? What if someone who depends on your income needs financial support after you're gone? That's when I think personal finance needs to be looked at differently. Before we focus on making our money grow , we should first make sure that one unexpected event doesn't destroy everything we've built. And that is why I believe...
Have you ever wondered how much money you should actually invest every month? ₹1,000? ₹5,000? ₹10,000? 20% of your salary? Or should you simply invest whatever is left at the end of the month? If you've ever searched for "how much should I invest every month?" , you've probably noticed something frustrating. Almost every answer says: "It depends." And technically, that's true. But it's not a very helpful answer when you're sitting in front of your bank account trying to decide whether you should invest ₹2,000, ₹5,000 or ₹20,000 this month. So let's make this practical. There isn't one perfect amount that everyone should invest. But there is a way to calculate a sensible amount for yourself. And I think that's much more useful than simply copying someone else's investment percentage. First, There Is No Perfect Monthly Investment Amount Let's get this out of the way first. There is no universal number that ever...