Investors generally look at their cash flow and after discounting for regular monthly expenses such as rent and EMI, they settle on a SIP amount.
Many investors fail to take into account one time expenses such as financing a school trip, insurance premiums.
Investors should write down their monthly as well as one time expenses when they calculate their cash flow. Decide on a minimum amount that you can comfortably commit to and fund for 5 years.
Don't decide on an amount where you struggle with SIP payment due to unexpected expenses. You can always increase later or invest as your cash flow increases.
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