BENGALURU: ‘Save money and money will save you’ is the only shortcut mantra to build a strong financial future for you and your family. It’s not your salary that makes you rich, it’s your habit of saving that decides your path.

There are many options available that would help you increase your wealth. The Economic Times has collected some of the government schemes that you may find easy and safe to start with.

Let’s explore:

# Post Office Monthly Income Scheme: Post Office Monthly Income Scheme (POMIS) is one of the safest schemes to invest as it assures guaranteed return on your investment. This scheme is offered by the Indian postal service to help individuals to earn substantial returns with a short locking period.

Often urban investors are reluctant t o make investments under POMIS. The maturity period for this scheme is 5 years and it is offered with an interest rate of 8.4 percent. You can start opening your account with minimum of 1,500 to a maximum limit up to 4.5 lakh in a single account and 9 lakh in case of a joint account.

Read More: India ReceivesTop Remittance Of U.S. $70 Billion In 2014: World Bank

India's Economic Reforms On Right Track, Says US Trade Official