Many feel Early stage of Investing is not for them.

Savings is painful as it involves postponement of some desires.

But the pain of future without money is many times more. Don't avoid pain today to end up with intense suffering tomorrow.

If you are not able to save when you're earning, forgot about saving when you are actually not earning. Think

Being rich isn’t about the ability to buy more, it’s about the freedom to make decisions one wants. Thus, financial freedom is about safety; a mind free from the what’s & ifs of life.
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A financially free person still works; but,by choice not compulsion.
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Start Planning now

The above 2 images gives the insight mind set of rich and poor people.
Extract from Rich Dad and poor Dad book.
Train your mind - think.

Aditya Birla MF introduced SIP with life coverage.

CSIP applies to residents and NRIs between 18 to 51 years of age, cover 60 years.
Explore additional investment opportunities with an extended life cover of up to 100 times of monthly CSIP installment or ` 50 lakhs (whichever is lower) at no additional cost.
Life cover:
First year: 10 times x monthly CSIP installment,
Second year: 50 times x monthly CSIP installment,
Third year onwards: 100 times x monthly CSIP installment

Find your investor's CSIP solution by investing in a wide range of designated schemes.

When you are at initial stages of investing - you should look for "number of units" purchased not NAV value. let NAV fluctuate, but remember underlying assets quality remains same. In simple - we are purchasing more units when market goes down & asset value remains same.

One of the simple rule to create wealth.

1. No Reading + No Consulting the Wise = No Discrimination = Poor Decisions = Miserable Life

2. No Reflection = No Conviction = Constant Hesitancy = Miserable Life

3. Reading + Consulting the Wise + Reflecting = Discrimination + Conviction = Wise Decisions = Fulfilled Life
#quote

Parents are not for emergency and kids are not for retirement. Be on your own.

Plan your retirement

How to be in comfortable zone.

Do uncomfortable things daily ✔

So size of comfort zone increases 💡

So let us call this kid V and see how much money he will have if his parents invest Rs. 25000 per month from his age of zero.

Well it is an interesting thought is it not? If Mr. Parekh (only he will do) were to invest Rs. 25000 per month for his son from his age of zero (Rs. 3L a year) and he were to increase it by 5% every year (which means when the kid is 1 year old, the sip amount changes to 315,000 and becomes Rs. 758,000 per annum when the kid is 20 years old.

Does not sound difficult till here, right?

And say Mr. Parekh stops investing at the kids age of 20, what happens?

Well, at 13% p.a. return it becomes, hold your breath, Rs. 1000 crores at the kid’s age of 65. Not bad, right?

Only 2% investors are continuing over 10 years in mutual fund, be a part of long journey.

Market was very volatile in May, it corrected 10% and recovered 4% in one day.... market works like that.

When you're investing for long term, ignore the noise and concentrate on investing.

Investing is

Buying: 10%
Selling: 10%
Doing nothing: 80%

"The first rule of compounding is to never interrupt it unnecessarily. - Charlie Munger