Here’s how to invest your first salary

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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…