Save money for mouthly Save money for mouthly Achieving your financial goals starts with developing healthy financial habits, and saving money monthly is a crucial step in this process. By making a few simple changes to your daily habits, you can significantly reduce expenses and allocate more funds towards your goals. Whether you're looking to build an emergency fund, pay off debt, or simply save for a big purchase, having a clear plan in place is essential. Key Takeaways Understand the importance of saving money monthly Learn practical tips to reduce expenses Discover how to allocate your funds effectively Set realistic financial goals Develop a plan to achieve your financial objectives Understanding Your Current Financial Situation Assessing your current financial situation is essential for making smart financial decisions. To do this effectively, you need to have a clear understanding of your income and expenses . Trac...
Mutual fund 15-15-15 formula : Simple SIP strategy to build Rs 1 crore corpus in 15 years 2026 Mutual fund 15-15-15 formula: Simple SIP strategy to build Rs 1 crore corpus in 15 years 2026 Investing in a SIP strategy can be a game-changer for those looking to accumulate wealth over time. The 15-15-15 formula is a straightforward approach that involves investing a fixed amount regularly to achieve a substantial corpus. By investing Rs15,000 every month for 15 years with an expected return of 15% per annum , investors can potentially build a corpus of Rs1 crore . This formula leverages the power of Systematic Investment Plans (SIPs) to help individuals achieve their long-term financial goals. The key to success lies in selecting the right mutual funds and maintaining a disciplined investment approach. By doing so, investors can harness the potential of the 15-15-15 formula to create a substantial corpus over time. Key ...