Sep 03, 2016 05:17 AM
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(Updated Sep 03, 2016 05:17 AM)
Hello friend today I am gonna tell you that how to save money and invest it.
Friend from the beginning age you should start the investing a small amount in Public provident fund and recurring deposit scheme.
Ppf is for 15 years and is a tax free investment.
It can make you comfortable after receiving the huge amount after 15 years for examples of you invest 1000 per month in Public provident fund then in 15 years you will pay only 180000but you will receive approximately 360000 which is not a small amount and same in recurring deposit.
You can open it for 1year and more and interest rate is as equal to fd.