Securing The Future From Your 20s

This story is a prequel to our previous issue of December 2018, where we helped readers to plan and prepare financially for their retirement. Whereas, the focus this time is on planning your finances from the start of your career till mid or late forties. Today, with well over 25 years since the adoption of economic reforms, India has grown from  $0.3 trillion economy to $2.8 trillion economy. This has resulted in an increase in the purchasing power of people, especially in Tier I and II cities. The post reform generation, who are in their twenties, is earning much more than the previous one. Also with better avenues and income, their spending and investment habits have changed. Taking cognisance  of this, Outlook Money has decided to help millennials plan their finances and investments. The most clichéd phrase used by planners is to start the investments as early as...