Smart strategies for 2025
Inflation is a very big disease in today’s time from which no one can escape. It has become very important to understand inflation in 2025. Your lap is the power to support your entire family. So it has become very important to prepare for the salon of 2025 or older. here are some important steps to beat inflation.
Step 1: Understanding Inflation See, it is very important to understand inflation because only through your proper budgeting or planning you can decide your future. If you do not understand inflation, you will have to face a lot of worries in your future. Research inflation, understand its distribution or take a decision.
Step 2 : BudgetingDeciding the budget is the most important or first step. Our country also needs budget, why not you? You have to set your budget every month. for example Your salary is ₹30000 and from this you have to spend ₹7000 on food and drink.
Step 3 : Prioritize your need If you feel that ₹7000 is too little to eat then you have to focus on your needs and not on your desires. When you start budgeting, you will save a lot of money so that you can fulfill your wishes, but you will have to follow this budget for 1 year and with age you will see what is your total result. you will be shocked.
Step 4 : Smart saving strategies Make high yield saving account. You have to open a savings account in this bank in which the interest is more. Invest your money. After saving ₹23000 from your ₹30000, save ₹2000 every month in the bank and invest ₹2000 in mutual funds. Rough calculation on investing on mutual funds:
Step 5 : Build emergency fund After selling ₹30000, you will be left with ₹19000, out of which you will have to save ₹2000 every month for emergency fund. This money should remain with you. Don’t use our money in emergency, just save ₹2000 every month for emergency fund.
Step 6 : Invest to beat inflationThe best way to double or even more than double your money is to keep investing your money in stocks, EFT, real estate or commodities. The price of gold is always increasing so try to buy a lot of gold once a year which will support you financially during these times. Now you have ₹ 17000 left and from that you can invest ₹ 4000 in any investing platform. for example growth, mutual funds, stocks and bonds.
Step 7 : Reducing debt and manage loan Try taking a loan or applying for a student loan under some scheme which will help you in reducing your interest rate. Take loan from your friends or relatives so that your interest rate is 0%.
Step 8 : Increase income streams Always do side hustle along with salary/job. You can earn a lot from side hustle or passive income and you can even quit your job when you earn enough money. If you want to know about best high paying passive incomes then click hustle.
In the end i just want to say that :
Earn more money than your bloodline has ever seen. And make your parents feel that you are their child.
A Rough calculation if a person invest ₹4000 every month for 30 years in mutual funds
:If the investment period is 30 years, the estimated future value would be approximately ₹1.41 crore (₹1,41,19,655) assuming a 12% annual return.
:Let’s break down the calculation properly for a 30-year SIP investment with the given parameters:
Given DataMonthly Investment (P) = ₹4,000
Annual Return Rate (R) = 12%Monthly Return Rate (r) = 12% ÷ 12 = 1% = 0.01
Total Investment Period (n) = 30 years × 12 months = 360 months
Formula UsedFV=P×(1+r)n−1r×(1+r)FV=P×r(1+r)n−1×(1+r)Where:
P=4000P=4000r=0.01r=0.01n=360n=360
Let’s compute the detailed breakdown.Step-by-Step Calculation for 30 YearsCalculate Compound Growth Factor:(1+0.01)360=35.95(1+0.01)360=35.95
Calculate SIP Factor:(35.95−1)0.01=3,494.960.01(35.95−1)=3,494.96
Final Future Value Calculation:
4000×3,494.96×1.01=1,41,19,6554000×3,494.96×1.01=1,41,19,655 So,
the final estimated future value after 30 years is ₹1.41 crore (₹1,41,19,655) assuming a 12% annual return
if the total of all the above for 1 year would be 47,91,000. You will save this amount every year and after 30 years including the value of mutual funds the amount would be 1,73,51,820.
now what are you waiting for use this strategy.