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- #1
The best way to save is to first deduct a certain portion of your income that you would wish to save (ideally it should be 30% of your income).
This amount should be deducted the very same day your salary gets credited and it should be immediately invested.
If it is not invested then there is no point, as eventually it will get wiped out in some silly expense or the other on a future date.
Once you have decided the amount, the next thing to do would be to do a financial plan. This will tell you exactly how much you need to invest and for which goal.
This amount should be deducted the very same day your salary gets credited and it should be immediately invested.
If it is not invested then there is no point, as eventually it will get wiped out in some silly expense or the other on a future date.
Once you have decided the amount, the next thing to do would be to do a financial plan. This will tell you exactly how much you need to invest and for which goal.