Your first Expenses..? "Savings"..!!

Tweet

Which is your first expenses of the Month..?? My first expenses is savings/investments, I have invest in SIP (Systematic Investment Plan), on monthly basis. Every month on 10th the money will get debited from my Savings Account, and the same has been invested in many investment patterns. Every one should invest a minimum of 30% and to the maximum of 60% of your income to be invest for your future. Because to manage the inflation, investment is the best way, even if you see the Gold rate was at just Rs.3000/- (for 8 gms of gold) in the year 2004 now its increased to around Rs.9000/- and plus. Approximately it has increased to triple in last 4 years. We dont know how it will grow in another 5 years.. So, please improve your savings/investment pattern and increase the percentage of the investment by month by month will help you to meet your future expenses..