Smart Investment Tips: If your salary is Rs 25,000, then with proper planning and discipline you can easily create a fund of Rs 5 lakh. In this, you can easily achieve your goals by managing your money smartly.
Best Saving Plan for 25K Salary: If your salary is Rs 25,000, then many times you might be wondering how to make big savings or investments in such a small amount of money? If yes then you do not need to worry too much. With proper planning and discipline, you can easily create a corpus of Rs 5 lakh in a few years. For this you do not need to work hard, you just have to manage money wisely and choose the right investment options. Let us know how this is possible and what you should do…
Understand your budget and decide on savings
First of all, keep track of your monthly expenses. If your salary is between Rs 20,000-50,000 then try to save at least 20-30% every month. For example, if your salary is Rs 30,000 and you save 25%, then this Rs 7,500 can be kept for savings every month.
Start with fixed deposits and savings accounts
If you are a beginner in investing then it is safe to invest money in FD and savings account. In this your money remains safe and you also get some interest. Suppose you deposit Rs 5,000 in FD every month, then it will become approximately Rs 60,000 in a year.
Start SIP in Mutual Funds
SIP (Systematic Investment Plan) is an easy way to invest money. You can put Rs 2,000-5,000 in SIP every month. This gives the benefit of compounding in the long term. For example, if you invest Rs 3,000 every month in a mutual fund with an annual return of 10%, then approximately Rs 2,34,247 will be accumulated in 5 years.
Work on extra income options
If you want to create a corpus of Rs 5 lakh quickly, then look for extra income options apart from your salary. Like, freelancing, online tuition, part-time job, work on small business or handmade products. Even these small amounts can add up to your fund quickly.
Control expenses and smart shopping
It is important to keep track of expenses every month. Choose cheaper options, take advantage of discounts and cashback. The most important thing is to understand the difference between need and greed. Spend only as per your need.
When can a fund of Rs 5 lakh be formed?
If you take a salary of Rs 25,000 and save Rs 7,500 every month, then the savings in one year will be around Rs 90,000, in 3 years you will get the benefit of around Rs 2.7 lakh and interest from SIP, FD. With this, a fund of up to Rs 5 lakh can be created in 5 years. If you add a little more savings or extra income, this goal can be completed more quickly.
Keep your investments separate
According to financial experts, do not rely only on FD or SIP for investment, i.e. do not settle on one option. Put your investments in different places. Invest up to 40% in FD or savings account, 40% in mutual funds i.e. SIP and 20% in extra income or small business. This will keep your money safe and also give you a chance to grow.
Discipline is most important
Financial experts say that just saving money is not easy, but with consistent discipline you can easily achieve your financial goals. For this, it is very important to save every month and continue investing.
Disclaimer: This article is for general information only. The investment or savings advice given here does not provide any kind of financial guarantee. Be sure to consult your financial advisor before investing.
Read this also- Which investments are necessary before the age of 30?
Read this also- Want to increase money in 2026? Adopt these 10 money rules in the new year