Financial Advice For A Changing World
Financial Security In A Pandemic
The last year saw the economy and job market take a beating due to the pandemic.
Millions lost their jobs or took pay cuts. But how can you ensure financial security?
Set Clear Goals
You need to know what you are saving towards, and how much you need - otherwise, you won’t know how much to allocate each month.
Have clear financial goals.
Financial Planning: Non-Negotiable
Financial planning is a step-by-step approach to determining how to meet your financial goals.
Choose your investments and allocate funds wisely.
Health Cover Is A Must
COVID-19 has taught all of us how important health cover is.
A good health insurance policy - anywhere between at least 5-10 lakh for a young family - is a must for emergencies.
Build An Emergency Fund
We need to be prepared for the worst - from another wave of the pandemic to a precarious job market.
An emergency liquid fund that you can access quickly MUST be maintained.
PPF: A Stable Choice
PPF is a safer bet, less risky and offers guaranteed returns, but with varying return rates and a lock-in.
Mutual Funds: A Smart Way To Invest
MFs are a great way to invest. Your money is pooled with other investors and overseen by a fund manager who does thorough research to ensure the best results.
MFs For Everyone
Investors can choose from a variety of funds based on their needs: long term (more than 5 years), short-term (1-5 years), liquid funds for emergencies and tax-saving funds.
Start Investing With Scripbox
At Scripbox, we guide you with recommendations to help you grow your wealth, achieve your goals & become financially secure. Learn about our offerings.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.