Everyone has some dream for which he is living but what is needed to fulfill the dreams is money. Without which we cannot do anything as we know how important money is for our life but have you thought that saving and investing is as important for your life as money is.
Now let us understand with an example why saving is important. There is a girl named Kavita who does a normal civil job and her father is a truck driver but suddenly she is admitted to the hospital when her father has an accident but the same Kavita is short of money for her father’s treatment as she spends all her salary in pursuing her hobbies.
So this was the example of saving, by which you must have got an idea that what is the role of saving in our life, in the same way there is also investing which helps in growing your income.
Some important rules of saving and investing which are very important for you to know.
By doing this, you will be able to easily face the emergency of money in your life and you will also be able to fulfill your dreams easily. So let me tell you now-
What you should do for Money Saving and Money Investment-
1- First of all, you start Money Earning and if you are doing Monthly Money Earning, then know the ways to increase it and keep increasing your Earning always.
2- Also, save at least 20% of your Monthly Earning. This money saving will take you to your dreams.
3- Now don’t let the savings you have left lying empty like this. If you do this, then a worm named Inflation will slowly eat all your savings. Put your saved money to work as soon as possible.
4- By putting money to work, I mean money investment. You invest your saved money in some place where it keeps growing continuously while beating inflation. The more you work with your money, the more money they will bring you.
5- To meet the sudden need of money, you should make an emergency fund. Invest the money of this fund created by you in such a place from where money can be easily withdrawn. Just like Komal did.
6- Money is a kind of energy. The more you increase this energy of yours, the more you will be able to fulfill your dreams. The more you will be saved from troubles.
Understand one thing that people say that money is the root of all problems. Those people are absolutely wrong, because lack of money is the root of all problems.
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