If you’re in your late 20s or early 30s, chances are you are already planning to put down the down payment for your dream car or your very own home. You may even be planning to work in a corporate job for a few years just so you can use your money to become an entrepreneur, or go on a world vacation! Most of us feel that by working hard for a few years, all our dreams will become a reality.

We’re not here to tell you that’s impossible, but we do have a question for you: where do you get the money to achieve such dreams and convert them into a reality?

Whether we live alone, with our parents or with our wife and kids, we tend to rely on our salary to survive the month. When our banks finally get credited again, it brings a sigh of relief to our parched bank accounts. However, as soon as the money comes in, our fingers start to itch- spending is near! Impulse shopping aside, however, we have a lot of debts to pay off and obligations to fulfill: mobile and internet bills, loan EMIs, electricity bills, groceries, and the list goes on. If you’re raising a family, the costs increase even more. So, what’s the answer? Savings.

Ah yes, I’ve heard that before. But is saving enough?

Plainly speaking, no.

If you’re just putting your money in a bank account, expecting it to double and triple, you’re going to be sorely disappointed.

You need to invest your money if you want it to grow. When you are in your 20s and early 30s, you may take a higher amount of risk by entering into the stock market and to earn potential returns.

How to plan for your dreams to come true

Even if you’ve decided to start saving and investing for your dreams to come true, there’s a hellish experience that follows: trying to decide exactly how much you should be saving.

But what would you say if we told you this has already been taken care of for you? Did we see a quick smile creep on to your face?

Well, thanks to the SIPNOW , you have a million reasons to smile. The calculator has been designed in such a way that it answers all the questions you would otherwise ask yourself while trying to calculate the cost and the savings required for buying your dream house or your favorite car or even setting up your business. Here’s how it works:

• You first enter the grand sum which you believe you need to conjure up to make your dream come true.
• You then decide how much you can save each month, considering your income and other inevitable payments.
• You then move on to specifying how many years you can pay this amount i.e. how long are you willing to wait for your dream to come true?

The calculator then tells you by how much you are falling short by. If you’re anything like the mere mortals who populate the Earth, it will be quite a stark difference.

So what are you waiting? Use our SIPNOW calculator and find out how you may realise your goals! Oh, and if you realise you are spending too much, don’t start regretting it, just get an investment you can afford without sacrificing your awesome life!

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