The way we invest has changed a lot. From digital gold, equity, fixed income securities, alternatives to real estate, investors today are spoilt for choice when it comes to investment instruments.
Another marked ‘change’ is the emergence of Change Investing.
Also called Micro-investing, this is a novel idea that enables smart investors to fruitfully channelise their spare change of nominal amounts towards building a long-term corpus in equivalent terms of digital gold.
Let’s explore Change Investing and how it is forever changing the investment landscape.
Remember the good old childhood days, when we would collect and put coins into a piggybank to satisfy our small cravings- toffees, candies or a new board game?
As children, we would jiggle the box multiple times to hear the clanging sound of coins – music to the ears and of course, the more the merrier i.e. more coins means more goodies can be bought.
Through this, our parents encouraged us to develop the habit of saving at an early age.
As we grew up, our priorities changed and so did the modes of investing.
Over the years, there has been a marked evolution in the forms of investing namely bulk investing, SIP mode and the emergence of the all-new ‘Change investing’ – the adult version of piggybanks.
Investing requires proper financial planning and greatly depends on the monthly budget of the investor.
For example, an investor holding a monthly income of INR 1 lakh would be able to allocate a higher proportion per month towards SIP as compared to an investor with a monthly earning of INR 45000.
Since the amounts invested vary, the time taken to build a sizeable corpus would also differ.
Thus, different modes of investing are suitable for diverse investors – depending upon their income level, budget, investible surplus, corpus required etc
Change investing is a powerful idea whose time has come.
With steep inflation, high cost of living and growing expenditures, it often becomes difficult to allocate a fixed amount every month towards savings.
This is where change investing can work wonders.
Let’s find out how micro-investing can be advantageous for investors with the below example.
Investors can adopt change investing on the Jar App and cultivate the savings habit while simultaneously growing their wealth.
Jar enables users to save money in the following three ways. The accumulated amount is then invested in 24K digital gold of 99.99% purity.
Change investing is one of the most affordable ways of investing that is gaining in popularity as a viable route to build a corpus in the long-term, short-term and medium-term horizons.
If you were to consider investing as a race, change investing is a marathon, not a sprint.
Like in any other race, while investing it’s vital to get an early start to stay ahead, beat inflation and realise superior returns over the investment tenure.
In other words, change investing is all about starting the investment journey early, staying invested for a long tenure and investing in small, easily manageable amounts.
These steps allow investors to take maximum advantage of compounding and accumulate a sizeable corpus as savings. When it comes to matters of investing, indeed ‘Change is good’.
Jar App is an automated Investment App that enables investors to securely invest in 24K Digital Gold, offering unimagined convenience, absolute safety of investments and superior gains.
Be the change. Invest your change with Jar. Be a proud owner of pure 24K gold.
Visit us at https://www.myjar.app/ to know how automated savings in digital gold can give you a head-start in the investing race.