Aditya Birla Capital
MUTUALLY

Podcast 10

My Budget - Managing income and expenditure to create surplus

Do you always run out of money by the end of the month? It’s time you think of budgeting that will enable you to find a balance between income and expenditure, due to which you will be able to create a surplus budget for investments. The foremost rule of getting closer to personal financing is “pay yourself first.”

 

Once you know how much you’re going to invest, you can prepare income and expenditure account that includes your fixed and variable expenses. The fixed costs are unavoidable, such as utility bills, EMIs, rent, etc. On the other hand, variable costs include bills related to leisure activities, vacation, shopping, etc. This will help you know where you can control your spending.

Listen to the podcast for insights on budgeting.

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An Investor education and Awareness initiative of Aditya Birla Sun Life Mutual Fund

All investors have to go through a one-time KYC (Know Your Customer) process. Investors to invest only with SEBI registered Mutual Funds. For further information on KYC, list of SEBI registered Mutual Funds and redressal of complaints including details about SEBI SCORES portal, visit link : https://mutualfund.adityabirlacapital.com/Investor-Education/education/kyc-and-redressal for further details.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully

म्यूचुअल फंड निवेश बाज़ार जोखिम के अधीन हैं, योजना संबंधी सभी दस्तावेज़ों को सावधानी से पढ़ें।

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Reflections of 2020 & Resolutions for 2021

Let's step into the New Year with confidence. Learn how to tackle the struggles of 2020 and arm yourself with financial mantras that aim to help you build a better future. Spend Less, Save More, Stay Invested!