Many of us start looking for investment tax saving avenues only in February or March, just before the Financial Year is getting over. Huge mistake!
1. You would end up investing your money without putting proper thought to it.
2. Secondly, you would end up losing the interest / appreciation for the whole year.
Instead, decide where you want to make the investments, and start investing right from the beginning of the financial year – from April. This way, you would not only make informed decisions, but would also earn the interest for the full year from April to March.
Still not too late. You have 6 months to go.
START NOW
Hi Rupam, glad to know you started this site.
ReplyDeleteVery important.
I am trying to instill some money sense into my kids. http://www.superindiankid.com/index.php/2010/how-to-teach-kids-value-of-money-and-saving/
I will love to know more from you for kids especially.