RBI

Money invested wisely gives you a long term grown and security. Scope of investment is depend upon the availability of fund,time frame , risk tolerance and expectations. Accordingly before any investment fruitful thought should be given to investment needs. Ø Don’t just leave your money in saving bank accounts. They don’t fetch you good returns. When you get money in lump sum invest in fixed deposits and when you wish to save regularly, open recurring deposit accounts.

Often importance of budgeting and saving and responsible borrowing is ignored due to complication of understandings, RBI has as part of awareness campaign has explained importance of budgeting,saving and responsible borrowing. BUDGETING AND SAVING: A budget is a plan for your future income and expenditure that you can use as Read more…