6 Money Facts for New Salaried Professionals


3. Invest your money

Remember, money grows with time if invested wisely. Money invested today gains value and becomes more worthy. Thus keeping the money in the account simply erodes its worth. So when you organize your income then pay yourself first that is invest it properly so that it grows valuably.

If you allocate 10-20 percent of your income in a proper investment, remember the money may remain untouched for a while but it will definitely grow with time and build your asset.

You can also gain an income from your assets like you can sell them when needed, offer them as guarantee for loans or pay a debt partially.