SIPs for the salaried

Most of us know the joy of salary getting credited to our accounts. Having worked for the full month, salaried people keenly look forward to the payday. But, unfortunately, this joy doesn't last long. By the time the first 10 days in a month are over, many of us find ourselves again desperately waiting for the next pay cheque. Little surprise, investing towards your financial goals also takes the backseat in such a scenario. A typical salary-earner has a number of expenses lined up at the start of the month that consume a big share of his salary: electricity bill, house rent, school fees, groceries, EMIs, etc. The amount that is left is then needed for discretionary expenses, such

This article was originally published on May 06, 2020.