Monday, August 25, 2008

WHAT TO SAVE AND HOW

WHENEVER THERE IS A WIND FALL INCOME OR BONUS,AND IF YOU HAVE NO EXP.PL. TRY TO PUT IT IN POST OFFICE MONTHLY INCOME WHICH OFFERS 8% INTEREST P.A PLUS A 5 % BONUS ON MATURITY OF 6 YEARS.THIS TYPE OF MONTHLY INTEREST WILL SLOWLY ADD UP TO GIVE YOU YOUR MONTHLY EXP. BUDGET.

middle class money needs in india

indian middle class has many money needs like house hold expenses,children education,festivals,ceremonies,savings for retirement etc...
in this blog,i wish to state about the ways and means to attemt to save for the future .such savings need not be only for post retirement .even one can enjoy a second income or supplemental income along with the main income earned by an individual.