Now that I am earning I can finally spend! Why should I care about investing at this point

 So, you finally have a job. You no longer need to ask your family for pocket money.Now, you have a job. You have discretionary income.  It’s liberating, exhilarating. Finally, you’ve arrived! It’s that beautiful phase, where you are wondering how to spend your earnings. An EMI plan on a car might be nice, that new smart phone or those beautiful shoes…

But hold on before you get too far…let’s give your new found financial freedom some thought. Let’s account for:

1. These carefree days may not last more than a few years
2. You get older – your earnings increase as do your expenses. A house, a car, school fees…
3. Your parents’ get older – you may need to help them financially.
4. You will retire – how will you maintain your life style?

And now, let’s rewind back to today. Where were we? Yes, you were a carefree and young individual. But after reading this article, you will be carefree, young and wise individual.

There’s no rule that says you can’t spend when you have the disposable income. But the wise one squirrels away a small percentage of salary without fail every single month.  That leads us to the next important question – should you just kept that money aside, as in “save” or should you “invest” that money?

Just as drops of water make an ocean, small but regular investments can go a long way in building wealth over a period of time.You may have to choose from various investment options available if liquidity concerns you

SIP is a method of investing a fixed sum, regularly, in a mutual fund scheme. SIP allows an investor to buy units regularly on a specific date of the month. This will help in building wealth in the long term. Due to the principle of cost averaging, more number of units are bought in a falling market and fewer units in a rising  market. SIPs allow you to take part in the stock market, without trying to time it, also bringing discipline to your investments.

It’s the key to investing success. Regular investment makes you disciplined in your savings and also leads to wealth accumulation. Systematic investing is a time-tested discipline that makes it easy to invest automatically. Investing regularly in small amounts can often lead to better results than investing in a lump sum.INVEST NOW 

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