Personal Finance 2023
Start Raking or SIP in Debt Fund of Rs 1000 Per Month To Meet Emergency Needs. Choose Mutual Funds That Invest In Stocks Across Sectors To Build Long-term Funds.
Reader Question
Just Starting A Career. Monthly income in Private Organization Is 15 Thousand taka. Live Alone Monthly Cost Is About 12 Thousand Rupees. After Monthly Expenses Very Little Money Is Left In Hand. How To Save? There is No Insurance, Pension For Now. Is it Better To Start Investing Now?
Financial Advisor Answers
Low Income Is No Reason To Break Even. Rather, We Should Start Thinking About How To Prepare For The Future From What We Have. Because, in the Case Of Investment, The Timing, I.e. When The Money Is Poured, Becomes More Important Than How Much Money is Poured. You Said That You Are Saving 3000 Per Month After Starting Your Job. That Means You Have A Lot Of Time Ahead Of You. The Money You Invest Now Will Grow In The Future If You Continue To Save Regularly.
Let’s See How You Can Arrange These Savings:
1. Start Raking or SIP in Debt Fund of Rs 1000 Per Month To Meet Emergency Needs.
2. Choose Mutual Funds That Invest In Stocks Across Sectors To Build Long-term Funds. SIP l
3. Use The Remaining Rs 1,000 For Health Insurance From Next Year.
