🔟 Compound Interest – Interest earned on your interest! 👉 Example: ₹10,000 at 10% grows to ₹11,000 in a year, then ₹12,100 next year. 1️⃣1️⃣ Net Worth – What you own minus what you owe. 👉 Example: If you have ₹5 lakh in assets and ₹1 lakh in loans, your net worth is ₹4 lakh. 1️⃣2️⃣ Asset Allocation – Spreading investments across different assets. 👉 Example: 50% stocks, 30% debt funds, 20% gold.⬇️

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2025-01-29 09:56

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Agyaan Maata
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幾秒內	Agyaan Maata agyaanmaata	1️⃣3️⃣ SIP (Systematic Investment Plan) – Investing small amounts regularly. 👉 Example: Investing ₹5,000/month in a mutual fund instead of a lump sum. 1️⃣4️⃣ Tax Deductions – Expenses that reduce your taxable income. 👉 Example: ₹1.5 lakh investment in ELSS funds can lower your tax. Understanding these will help you manage money better! Did I miss anything? Let me know in the replies.👇💬Any one term that you didn't know?