Spendthrift To Serious Investor

Shreeya Majithia, 26, started working in the advertising industry at a young age. Her salary at that point just happened to be an extra allowance, used for “very important things” like shopping  and so on. At 23, she had already been earning for almost three years and was planning a short vacation with her friends when she realised she lacked enough money. This is when she realised the seriousness of the situation. Her dreams of buying a car by the time she turns 25, or vacations every so often looked close to impossible. Majithia then met with a financial planner in December, 2016 who made her realise that big or small, financial goals needed planning. She divided her salary in two equal halves, one was for her monthly survival and the other for saving. She identified two types of funds that met her requirements. The first was an on-going fund, funded as soon as she...