Financial Immunity Against A Pandemic
The pandemic has taken a toll on businesses and individuals worldwide. From job losses, pay cuts and business closure, it’s been a tough year.
Keeping Your Financials Strong
But if you plan and stick to saving and investing with discipline, you can weather any storm - even if you lose a steady stream of income for a while. Here’s what to do.
The number one rule in your financial life is saving. It’s simple, don’t spend everything you earn. Start with saving small amounts and keep adding to this.
Define Your Financial Immunity
You know your needs, loans taken, size of your family, etc. Based on these factors, define what financial immunity means and work towards achieving the required corpus.
Building Financial Immunity
To build this immunity you need to start investing early as that will help you create a financial cushion early on in life.
Mutual funds are a great way to invest your money without having to do copious amounts of stock market research. And, when you stay invested for a long time, the returns are rewarding.
How MFs Work
Several investors pool their money into a common fund, which is managed by a fund manager who does research and keeps track of market trends to ensure you get the best results.
Get Started With Scripbox
At Scripbox, we have a range of funds to choose from, based on your budget and financial goals.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.