Blinkit has introduced buying with EMI on Blinkit!
EMI options will be applicable on all orders above ₹2,999 (except orders that contain gold and silver coins)
We believe this will improve affordability and enable better financial planning for our
Entry level Salary offered by IT firms in 2003-04: around 2.5-3Lakhs.
Entry level Salary in 2022: around 3-3.5Lakhs.
Inflation every year is around 6-7%.
Yet FD is where 58% of Indians have invested.
FD is safe
FD ensure liquidity
FD return doe
What's the best way to explain my Dad - Mutual Funds is better option than FD and MF gives higher returns.
His statement is that "it is risky and might have to bare the loss sometimes and can't remove the cash whenever required (has lock in period)