CRAVING FOR SAVING

At THE WEEK-Aditya Birla Sun Life AMC seminar, experts talked about the simplest ways to save

- NACHIKET KELKAR

Got your first salary? What next? Partying with friends or family? Buying the latest smartphone? How about saving money? The earlier you start saving and investing, the better, isn’t it?

But that is easier said than done. How and where can you park your money? How much would you need to invest each year to meet your life goals and build a retirement corpus? Equity investing can be rewarding over time, but the risks associated with it and the long-term patience required to build a large corpus may not be everyone’s cup of tea. So, then?

A seminar organised by THE WEEK, in partnership with Aditya Birla Sun Life Mutual Fund, tried to answer many such questions. Titled ‘Master the Mind and Manage your Money’, it was held at the Narsee Monjee Institute of Management Studies in Mumbai, and saw good participation.