Personal Finance Myth #10

Believing you need a lot of money to invest is a myth | Vrid
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You need a lot of money to invest

Most people think it’s not worth investing if they can only contribute a small amount. But you should know that it doesn’t take a lot of money to start. 

You can begin with as little as ₹500. If it helps, think of your investment in percentage terms and not as an amount. Aim to invest at least 20% of your income. 

You can start small, increase your investment slowly and be consistent.  You can start investing through Systematic Investment Plan (SIP).

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DISCLAIMER: This newsletter is strictly educational and is not an investment advice or a proposal to buy or sell any assets. Please be careful and do your own research.

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