Whether you are a seasoned worker or a young professional, the feeling you felt when your account was credited with that first salary –is a moment you carry with you.
Erm… For a few months.
Then the bills start piling in, and you find yourself in a position to make financial decisions that can have a lasting impact on your life. Now that you have gone over the (much deserved!) fun period of earning through hard work, and spending as you please – it is in fact time to start thinking about saving (the superhero) and investing (the trusty sidekick).
How does a new professional start making investments that are affordable yet valuable?
The first answer that comes to mind is the SIP, i.e., Systematic Investment Plan – which allows you to make lump sum investments of as little as ₹500 per month. But we know what you feel and think in these cases – that one minute you have that hefty ₹30,000 sitting and looking good in your bank account and the very next minute it’s already at ₹27,000 because of your 3K SIP. It pinches, we understand.
If only there was a way to soften the pain of making one huge investment deposit. How about every day, small deposits that get auto-debited from your bank account? We’ve got your attention now, haven’t we? Instead of investing a lump sum of ₹3,000, why not invest ₹100 daily? – an amount you are likely to spend on any given day anyway – and that enables you to still end up investing the same amount but it pinches much less (sometimes, not at all!).
This is exactly what the Daily Deposit feature of Deciml enables.
But why exactly is the Daily Deposit feature helpful?
We can keep singing praises for Daily Deposits with the Deciml App, or we can show you how to use this feature and experience its benefits for yourself.
So – how can you enable Daily Deposits?
Step 1: Set up Auto-pay with Deciml.
Step 2: Decide and select a Daily Deposit Limit (₹10 and up!).
Step 3: Do nothing else!
Yes. It really is that simple. In three simple steps (erm – really it’s two steps!), you can sit back and let your Daily Deposits do the rest.
Look, your overall investment plan needs to be diverse and will need you to eventually make bigger investments to reap bigger returns. But in the meantime, why not start investing smaller sums regularly while you figure out the rest?