How investing ₹1000 more can make a difference of ₹10 lacs?
Let's take an example:
You start investing monthly, the expected annual interest is 12%, for 10 years.
You start with ₹10k a month.
After 20 years:
Invested: ₹24 lacs
Est. returns: ₹67.98 lacs
Total value: ₹91.98 lacs
Or what if you start with ₹11k a month?
After 20 years:
Invested: ₹26.40 lacs
Est. returns: ₹74.78 lacs
Total value: ₹101.18 lacs
Even a small difference can lead to amazing returns in a long time.
Keeping aside a little bit more (i.e. ₹1000) won't make a huge difference to your lifestyle.
But it will make a considerable difference to your assets.
Remember the saying, "boond boond se ghada bharta hai"?
Start putting two drops more and you'll be able to fill the pot in halftime.