Have you done sufficient for your family?

5k Investment to 5 Crore Return.

There are lots of sources and investment plans available in market now a days and this is the major reason we are confused to choose best plans and profitable investment sectors. Every common people wants higher return on their investment, but they never research well for where to invest. Basically most of the person trust on relative’s words well I will tell you a story and this story will let you know your actual position, where you stands now.

   Mr. Abhay earning 1.4 lakh Rs every months. There are total 6 members dependent on Mr. Abhay.Wife,2 Children, Parents and a Sister.So,he has a lots of responsibilities like children study, sister’s study and marriage, household expenses and maintaining his lifestyle as per society.Mr Abhay has a Insurance policy of 50 Lakh and some investment of around 75 lakh in shares and mutual funds.So,total financial back up is 1.25 crore,But do you think that this 1.25 crore Rs is sufficient for Mr Abhay. If something happens with him and as I told you there is no in his family is a earning member except Mr Abhay.

Now Lets Calculate His Future Responsibilities of Future :-

Both Children Education	Around 12-15 Lakh Each	Total 24-30 Lakh Rs
Sister Education	Around 12-15 Lakh	12-15 lakh Rs
Sister Marriage	30-40 Lakh	30-40 Lakh Rs
Childs Marriage	20-25 Lakh	20-25 Lakh Rs
Household, lifestyle others	50-60 k/Month	6-7.2 lakh Rs
Own Home	1-2 Crore	1-2 Crore

As you seen above expenses apart from other expenses are also there like any kind of illness, travel or many more expense, which can’t be count or calculate on adavance.So,do you think that his investment is enough.

Please think about it once. I will come with more details on next post………till that time please think about your family and try to know that have you done sufficient for your family….