Now there are multiple ways available by which you can start saving earlier people used to wait several days to open their accounts. Now everything can be done in a few minutes. And it is very fast and convenient for all of us. Still, many people are not even saving that much. But at least you should save 20% of what you are earning, because maybe this amount seems small. But if you save this for a long time, then it will show you great results.
I have seen a lot of people who have saved from the day when they got a job, and now they have a good amount of money in their bank account. And this is the first consistency. It doesn't matter how small the amount is. It does matter how long you are going to invest it. Consistency does matter a lot, even if you are saving a small amount, but slowly you should grow the amount if you need to get a hike in your salary, or you get a bonus, you should save it or invest it So in a longer term, you will see better results.
Multiple ways to invest in what I think will if you do want to say it's not for the long term, then mutual funds should be a good way to invest. Other traditional ways, or if you are keeping your money ideally on the bank side, it's not going to give that much growth. But if you are investing in mutual funds, then I'm sure that it is at least going to give you a 12% increase in your amount. And that is a decent amount if you are investing that for a longer period, then you might see the difference.
Thanks for your support love and encouragement see you tomorrow till then take care.
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