Money Talks – Part 1

Starting a new category from today which will be focussing on small steps in how you manage your money which brings long term benefits.

Today there is a lot of information on anything and everything you want.  The problem now is of information overload. And MONEY is a widely covered subject.

The journey of money in our lives start with the first paycheck which is your own money earned by you, belonging to you. This is quite a beginning in everyone’s life and is generally followed with the gifts and celebration with the ones who helped you in starting this journey.

What about the subsequent paychecks? If you are an investment or stock market savvy person or know & believe someone who is into it; that’s mostly sorted. But if you are not, what do you do with it ? If you are the one who lets it remain in your bank saving account after the expenses have been met; then I have a small advice for you.

Invest the surplus. If you are risk averse and not sure which mutual fund to invest; at least start a FD or RD with that till you decide on that.

If for some reason there is no surplus, from next month start setting aside a small amount for investment and manage other expenses from the residual.


The bottomline is for the long term you need to start investing as early as your second paycheck. Instrument you invest will decide your risk as well as return. Getting into the discipline of investing is the first step which one needs to inculcate if it is not there.




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