Investing as little as Possible

I was having a discussion with few of my collegues and found out that some are not investing at all. When found out that why is that, they are saying that they don't have money to invest at all. The problem is that they have too much expenses along with some EMIs which is keeping them away from investing at all.

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The thing is that people want to invest thousands of money otherwise they think that there is no poing to invest. But the problem is we should be investing as little as possible. Even Rs 500 per month is enough which can help you to gain as little as possible to reach your goal. For example, if you want to reach 1 CR, investing Rs 500 per month might take a lot of time.

But when you are starting Rs 500 is enough, and then you have to cut down your expenses and then you can invest more. So when you are not investing anything, then investing as little as possible at the starting is fine and then you can increase that amount when you need it.

When I started I invested Rs 1K per month, but then I increased my savings and now ai am investing much more than what I was investing earlier. It was contributed mainly my by salary rise as well as expenses not increasing much. If your salary increases and if you increase your expense then you cannot invest much. But when your salary increases, your expenses is not increased much then you can invest much.

So that's why you should start investing whenever you have the money. Because if you invest after the expenses then your money will not be there for investing. And that's what my collegues were doing.

Posted Using INLEO