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  Ayush and Rohan were good friends in college. Ayush used to be careful with his spendings, while Rohan was a lavish spender. After college, they both got a job. Ayush got an Rs. 10 lakh package while Rohan got an Rs.12 lakh/annum box. Ayush being a financially wise person, started saving Rs.20,000/month, while Rohan only saved Rs. 5000/month. Start saving in digital gold with as low as Rs 10!  Download Wizely While it looked like Rohan was a wealthier person and would lead a lavish life, the reality turned out to be different. Ten years later, while Ayush had over Rs. 46 Lakhs in savings, Rohan had only Rs. 11 lakh 60 thousand. Ayush could afford to invest in a business, pay for his child’s education or make a big-ticket purchase, while Rohan still had to depend on his income to pay for every expense. Ayush had enough savings to help him feel financially secure in a difficult time while Rohan always worried about maintaining his income to maintain his current lifestyle. Start saving

Personal finance is one of the many important lessons that you are not taught in school. Being rich and wealthy depends a lot more on your financial habits than the amount of money you make. Start saving in digital gold with as low as Rs 10!  Download Wizely Let us look at 15 financial habits that will make you wealthy and prosperous. Pay Yourself First  – One of the first rules of being rich is ‘A part of what you earn is yours to keep.’ Set aside at least 10% of your income each month in an investing fund. Make a Budget  – A budget is simply a plan that you make for yourself to pre-decide how much money you will spend on what. It is a tool that will help you keep your spending in check. Protect Your Wealth  – Protecting your money from inflation or bad investments is just as important as earning money. If you have parked your money in an investment instrument with a lower return than the current rate of inflation, then your hard-earned money is getting depleted. Set Priorities  – You

From buying a phone to planning your retirement. From planning a two-day trip to buying the house of your dreams – we all have such aspirations but how do we go about turning them into reality? The answer is simple: SAVINGS! Being smart about your expenses and making goal-based financial decisions can help you achieve your dreams with increased financial stability. Start saving in digital gold with as low as Rs 10!  Download Wizely Decide Your Saving Goals Saving goals are the targets that you set for yourself and then plan how to achieve them. Every person has different saving goals like taking a vacation or buying a house or even planning for retirement. These all are goals for which you can immediately start a savings plan.  Download Wizely Types of Saving Goals Saving goals can be divided into three groups: Short-Term Goals:  Goals that require almost immediate action are short-term goals. They are mostly repetitive and are addressed at frequent intervals. The best way to achieve t

‘A part of what you earn is yours to keep.’ This line from the famous book ‘The Richest Man in Babylon’ by George S. Clason explains a lot about why we should save money for the future. He claims that most of our income goes to other people like our landlord, food vendors, shopping store owners, etc. He says to grow one’s wealth; it is essential to save money, pay yourself first, and pay others who make your life easier. Earn up to Rs 25 lakhs in cash rewards with Wizely Wednesdays!  Download Wizely So let’s look at ten strategies to  save money  from salary: 1. Automate Your Savings The moment your salary arrives, it is advisable to transfer at least 20% of the amount to a savings/investment account. It’s recommended to automate this process to avoid missing it through a systematic investment plan and earn interest on savings. 2. Make a Budget Saving money is all about keeping track of your expenses and controlling them. It is good to make a monthly budget by dividing your expenses in

Have been planning to save money but don’t know where to start? We all have been there at some point or the other. Saving money does not come easy. After all, almost all of us have dreams more significant than our paychecks. The good news is that saving money is not that difficult. Start saving in digital gold with as low as Rs 10!  Download Wizely Let’s look at 51 simple tips and tricks that can help us get into saving money. 1.  Pay Yourself First  – First things first, it is super important to take some portion of our income as soon as it arrives into a savings/investment account. Ideally, it should be 20% of our income, at least. 2.  Pay Off Your Debt  – Debt traps are the worst to get into. If you owe money to someone, make it a point to pay it as soon as possible. It is okay to start with small monthly targets, but it is highly recommended to avoid paying interests as much as possible.  Download Wizely 3.  DIY Everything  – Do it yourselves can be a fun way to spend our weekends

“The desire of gold is not for gold, ” Emerson says eloquently. “It’s for the sake of liberty and benefit.” It certainly is! Investing in gold provides you with both of these features, which assist in guaranteeing your present and future and the futures of your loved ones. Did you know you can buy gold from as low was Rs 10 on the Wizely app?  Download Wizely However, there was a period when buying this valuable metal in its basic form was the only way to get it. As a result, the investor became subject to theft and storage concerns, which curtailed their gold purchasing. Thankfully, this is no longer the case! Gold investments are now available in various media, the most popular digital gold. Start saving in digital gold with as low as Rs 10 and earn up to Rs 25 lakhs on the Wizely app.  Download Wizely Make sure you read the following comparison carefully before making a significant gold investment. Infographic by Wizely Also read:   What is Digital Gold? Why Should You Invest in it?