Helped My Sister to Start Her Investing Journey

It's great to help someone who starts their investing journey at any point in their life.my sister who is over 40 years earning for like 15 years never invested any of her earnings. She has done FD in the past but that is not investing as you all know.

PC: Pixabay.com

So last month she got a raise and I made sure that she start investing with that raise. So I asked her to send the money in my account every month so that she don't spend the money and thus I invest in her behalf. And then every month I will send her the details about her investment and where all I have invested.

This was I just helped my sister to have a good financial track. I know she is little late but it's always late than never. My sister and her husband are like earn and spend and they doesn't have a habit of saving. I just wanted to cultivate thar habit of savings. Once the habit is set, they will surely be able to save themselves. But until and unless the habit and consistency occurs, it is hard to save and then invest.

So the money I have kept it in the debt fund and then every month will invest that to Index fund and nit fully invest in Index fund. This is because I want to invest in Systematic way. I know she will be sending me the money every month. But I am little cautious about the market conditions now as it is on the top. And the money she will send next month will be again moved to the debt fund and invest in this fashion.

I feel good about that i am helping someone to start the investing journey and might be in the future I will help more and more people.