You may have to think about spending less for that purpose, however, the outcome over a period of time will surely have a positive impact on your future financial life. One way to ensure that your regular investments are the last to suffer is automating them.
Lisa Pallavi BarboraLisa Pallavi Barbora has worked in the domain of personal finance for 15 years and now operates her own venture. She also writes on personal finance.
At the moment liquid funds are delivering an annualised return of 5.5%-6%. This is lower than the 6.5%-7% seen a year ago. However, it is in line with the downward trending interest rates in the economy. If you are feeling disappointed with these returns and think that its better to move to a higher return fund or leave money in the bank itself, first read through the points below and then decide what to do.