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02.12 - 19:45
Are you saving enough? Find out
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Saving, especially household saving, is one of the most significant aspects of one’s life and earnings. While the older generation focused majorly on safer investment tools for saving money, such as Bank Deposits, PPF, Gold, RD, Savings Bonds, etc., today’s millennials are looking at savings from a different lens.
Having said that, with multiple saving options available today, most people get confused about where to safe and invest, and end up investing in the wrong asset classes.
Indraneel Chatterjee, Co-founder of RenewBuy, says consumers should look at creating a diversified investment portfolio for building their corpus and increasing their savings percentage.
He adds, “Safe investment options are majorly focused on Fixed Deposits, PPF,
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