Some wonderful facts of financial planning

Some wonderful facts of financial planning

Article Summary…..

Some wonderful facts of financial planning

Power of compounding
If you invest Rs. 1000 per month for 30 years and interest rate is 12% and if you invest Rs. 3000 per month for 10 years at the same interest rate of 12%, in both the cases you invest Rs. 360000 in total, will there be any difference in maturity amount?
If you invest Rs. 1000 per month for 30 years you get Rs. 30.8 lacs
If you invest Rs. 3000 per month for 10 years you get Rs. 6.72 lacs

Is this not amazing? If you dont believe this, you can check it on Microsoft excel. Power of compounding works in long term, make it work for you. It has great importance when it comes to retirement; if someone wants the same maturity amount and he has just 10 years to invest he needs to invest 4.5 times Rs. 13752 per month to accumulate the same amount. One should start planning life at earliest. Power of compounding can make you wealthy and give you 2nd income to be confident in job market.

At present there are many instruments which give you returns of 12% or more, one should always check the outcome or possible maturity amount from the investment before investing in the scheme. Although planning should be done in comprehension only as planning one life event in isolation may negatively impact other life events. So plan comprehensively.

Anil Kumar
Anil Kumar
2021-07-12
Thanks from bottom of my heart to Mr. Viplav Majumdar and his team for making such an amazing program
Rahat Jahangeer
Rahat Jahangeer
2021-07-12
I want to recommend this platform to each and every person I know.
Anmol Panday
Anmol Panday
2021-07-12
This is really a mission that Mr. Viplav Majumdar and his team is doing, Because 95% people don't know about this and the rest 5% wealthy people who know about this are not worried about others.
Raj Singh
Raj Singh
2021-07-12
Planyourworld gave me new avenue to explore to streamline my income
Vikram Choudhary
Vikram Choudhary
2021-07-12
Planyourworld has helped on financial plan & how to take care of money plan towards untoward incidents in life.
Manish Nagar
Manish Nagar
2021-07-05
I went through the ebook, I haven’t seen that any advisor tells these things to us
Faizul Khan
Faizul Khan
2021-07-05
I needed some more from Viplav, if he could check my things personally. Later I realised he wants us to learn, so I can do it on my own.
Sudhanshu Singh
Sudhanshu Singh
2021-07-05
I never saw a complete package at this cost. I might have easily paid 25k for this
ankush choudhary
ankush choudhary
2021-07-05
I am already getting my passive income, still enrolled, I know I didn’t know anyone who is interested in me, Viplav and his team really helped me
Nevermore
Nevermore
2021-07-05
The entire package is awesome, I am using it I am satisfied.