• हिन्दी
  • ગુજરાતી
  • বাংলা
  • తెలుగు
  • मराठी
  • ಕನ್ನಡ
  • money9
  • Insurance
  • Saving
  • Loan
  • Mutual Funds
  • Investment
  • Breaking Briefs
downloadDownload The App
Close
  • Home
  • Videos
  • Podcast
  • Banking
  • Bulletin
  • Gold
  • Healthcare
  • Real Estate
  • Tax
  • Travel
  • Breaking Briefs
  • Insurance
  • Savings
  • Loan
  • Crypto
  • Investment
  • Mutual Funds
  • Real Estate
  • Tax
  • Exclusive
  • Home / Investment }
Investment

Here’s how to invest your first salary

Feroze Azeez, deputy CEO of Anand Rathi Wealth Management's mantra is to invest before spending and follow it as a rule.

  • Money9
  • Last Updated : October 7, 2021, 15:16 IST
  • Follow
  • Follow

The beginning of the career is as important a stage to start off with your investment as the time when you grow professionally to mid-level positions. How you spend your first salary can lay the ground for your investment journey. There can be many plans but the smart plan will be only one. Spend a little and invest a little so that the big plans of the future can be fulfilled.

This is the time to start your career when you make a habit of investing regularly. Feroze Azeez, deputy CEO of Anand Rathi Wealth Management, says that if freshers adopt one mantra, then they will be able to accumulate a good amount for their big dreams of the future. Feroze’s mantra is to invest before spending and follow it as a rule. A regular investment of 30% of your income can create a good corpus for you.

Watch the full conversation in the video…

Published - October 7, 2021, 15:15 IST

Download Money9 App for the latest updates on Personal Finance.

  • career
  • expenses
  • freshers

Related

  • Should you opt for higher pension under EPS?
  • Money9 special: Investment tips for the current euphoria in stock markets
  • Money9 Special: Investment tips you can use
  • Addressing a perennial quandary of investors
  • Is value investing right strategy for you?
  • How to save and invest for your retirement?

Latest

  • 1. Can you withdraw money from PPF before 15 years?
  • 2. Eat, Drink & Earn!
  • 3. Which One To Choose?
  • 4. EMI Even on Debit Card!
  • 5. How is interest calculated in your PF account?

Trending 9

  • Car prices set to increase
    1 Car prices set to increase
    Passenger vehicles (PVs) and two wheelers (2Ws) can become further costlier towards the later part of the current calendar year.
    Automobiles
    alternate

    Read

  • 2Corporate participation in NPS at 12-month high: NSO
    Retirement
    read_icon

    Read

  • 3Banks exploring a risk assessment model to fund startups
    Analysis
    read_icon

    Read

  • 4How should you utilise bonus of your participating insurance policy?
    Insurance
    read_icon

    Read

  • 511 managers, tier-2 default scheme: All that’s happening with NPS
    Exclusive
    read_icon

    Read

  • 6e-gaming companies might face tax demand of Rs 1.5 lakh crore
    Tax
    read_icon

    Read

  • 7Foreigners getting attracted to realty stocks
    Analysis
    read_icon

    Read

  • 8Govt bonds in JP Morgan’s bond index could also support Indian currency
    Economy
    read_icon

    Read

  • 9VI lost 13 lakh subscribers in July ’23 while Jio gained 39 lakh
    Analysis
    read_icon

    Read

Exclusive

Don't get conned on social media
Don’t get conned on social media
Utility
read_icon

Read

Identify your risk through a risk-o-meter, but don’t make it the sole criterion
Mutual Funds
read_icon

Read

Tax on income from gifts to minors
Tax
read_icon

Read

When is it wise to repay home loan prematurely?
Loans
read_icon

Read

Beware of fraud while shopping online
Exclusive
read_icon

Read

  • Trending Stories

  • How can you save on taxes on alimony that you receive on divorce?
  • How can you save on taxes on alimony that you receive on divorce?
  • Don’t get conned on social media
  • How cyber thugs con you on your social media complaints?
  • Car prices set to increase
  • TV9 Sites

  • TV9 Hindi
  • TV9Telugu.com
  • TV9 Marathi
  • TV9 Gujarati
  • TV9 Kannada
  • TV9 Bangla
  • News9 Live
  • Trends9
  • Money9 Sites

  • Money9 Hindi
  • Money9 English
  • Money9 Marathi
  • Money9 Telugu
  • Money9 Gujarati
  • Money9 Kannada
  • Money9 Bangla
  • Topics

  • Insurance
  • Savings
  • Loan
  • Stocks
  • Mutual Funds
  • Real Estate
  • Tax
  • Crypto
  • Exclusive
  • Follow us

  • FaceBook
  • Twitter
  • Youtube
  • Instagram
  • Linkedin
  • Download App

  • play_store
  • App_store
  • Contact Us
  • About Us
  • Advertise With Us
  • Privacy & Cookies Notice
  • Complaint Redressal
  • Copyright © 2023 Money9. All rights reserved.
  • share
  • Facebook
  • Twitter
  • Whatsapp
  • LinkedIn
  • Telegram
close