Goddesses, do you at once stop and think, “Oh God! What could I have become had I saved every useless penny spent?” “Well, pretty much a MILLIONAIRE!” Says God. Consider these golden words the new reality, ladies, because it is!
Let’s analyze one day of your life
So, you’re going for lunch and an extra creamy dessert makes you want to spend for it, or an evening coffee after work. And hey, homemakers face similar dilemma too! So, homemakers, you’re at the supermarket and few easily skippable deals make you want to spend a few hundred bucks too, and you inevitably do!
If not a dessert or supermarket deal, there might be some other super flash deal on your fav outfit, serum, hair/nail extensions, matte nail/lip color, heels, highlighters, primers, clutches and WHAT NOT!
To make things worse, you already have a gazillion of them but them d(*b*)itch super discount deals would give you a sense of accomplishment, convincing every neuron of your brain that you hit the
jackpot and saved an enormous amount.
So, let me bring you back to where it started: No, you didn’t save a single penny. You spent on something you already have, which you definitely didn’t need in the first place, but you let your biases entrap you into another useless purchase you’d regret later.
I’m only asking you to save ₹400 a day! I’m sure this is super possible, given your normal spending. Saving 100-200 bucks from daily stuff or saving on a recurring unrequited daily expense isn’t that difficult, right? Now, let’s do a little math!
Saving 400 a day, would give you an amount of ₹12,000 (400*30 = 12,000) a month.
Starting an SIP
(Systematic Investment Plan) in any large cap mutual fund (Considered safer than mid and small caps) for a period of five years would give you an average of 15% return rate. Using our super SIP Calculator, 12,000 invested every month at 15% return rate for 5 years would have become ₹10,76,000 out of your total invested amount of ₹7,20,000. So, yeah! You’re a millionaire in not 10, 15 or 20 years but 5 years ONLY!.
Women have been known to be better money managers than men. For a gender this capable, powerful, rational and vibrant sky isn’t really the limit because limits can’t tame us!
