The Saving Habit

My fit teddy bank. Now I just drop coins in it and use them when I am a short for a few bucks.
But Growing up this teddy bank taught me quiet a lesson in saving and also investing.
No amount of money saved is too small – By saving 1 rupee for months, I could buy Cadbury bars instead of Eclairs.

Likewise today if you save 1000 rupees for 10 years and if it grows at 7 percent and 10 percent, the corpus is 1.72 lakhs and 2 lakhs respectively. Now all working individuals can save that much and even more. Just increasing that amount to 4000 rupees the value is 6.88 growing at 7 percent and 8.05 lakhs at 10 percent. The Power of Saving I learnt at a young age and the power of compounding I’m still learning and earning. Patience is the key.

Leave a Comment

sing in to post your comment or sign-up if you dont have any account.

Disposal of complaints
Year Carried forward Received Resolved Pending
2018 - 2019 0 0 0 0
2019 - 2020 0 0 0 0
2020 - 2021 0 0 0 0
Grand Total 0 0 0 0

Contact us directly at info@solomoninvestments.in for assistance with any queries, complaints or grievances. We will ensure your grievance is resolved within 30 days. If you feel that your grievance is not redressed satisfactorily, you may lodge a complaint with SEBI through the Scores website or the SEBI Scores app for Android or iOS.

As per SEBI Guidelines, showing the number of complaints
Year Carried forward Received Resolved Pending
2018 - 2019 0 0 0 0
2019 - 2020 0 0 0 0
2020 - 2021 0 0 0 0
Grand Total 0 0 0 0

Contact us directly at info@solomoninvestments.in for assistance with any queries, complaints or grievances. We will ensure your grievance is resolved within 30 days. If you feel that your grievance is not redressed satisfactorily, you may lodge a complaint with SEBI through the Scores website or the SEBI Scores app for Android or iOS.