With time and as & when your income rises, the amount you invest should also rise.
Ideally, the increase in investment amount should be in proportion to increase in your income.
Let’s say a person earning ₹1 lakh in 2015 was investing ₹30k every month. In 2023, if the person is earning ₹2 lakh a month, the investment should increase to ₹60k because keeping the earlier ₹30k constant investing amount despite rise in income isn’t going to help build a large corpus.
This way it helps one accumulate a big corpus in short span of time.
Every year increase the amount you invest.
Thank me later!
