If you start saving from the moment you start working, you don’t actually have to depend on your parents to fund your wedding and, more importantly, can look forward to a financially secure future.
Marriages are made in heaven, as the saying goes. The expenses, however, have to be borne here on earth. A decent wedding at today’s cost is upwards of Rs 10 lakh, with sky being the limit! Nothing appears to have changed, especially when it comes to who will spend for the wedding. Parents continue to do so with the help of their savings made over the years. The trend doesn’t appear to be changing anytime soon as the children still seem reluctant to even partially meet the cost of their own wedding.
So, if you have been working for a while and planning to get married shortly, how about using a part of your savings, if not all, to partially fund your own marriage, rather than depending entirely on your parents to foot the entire bill?
When marriage is a few years away
If you have recently started earning and want to save for your marriage, which is more than five years away, you can still prepare a plan and save towards your goal. You may not be that familiar with investments such as mutual funds (MFs) at your age, but can definitely look at less volatile funds.
この記事は Investors India の June 2019 版に掲載されています。
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この記事は Investors India の June 2019 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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