Latest News It is International Youth Day on August 12, designated as awareness day by the United Nations. The key core of this day is to bring attention to a series of cultural and legal issues that revolve around youth. Awareness of investment, wise choices and savings is also vital for the growth of youth in the future.
There is a saying, that the earlier you start investing, the better your retirement. And what better option than the days of youth to begin your first investment? Indian financial market is vast and widespread, and there are a host of investment options, offering guaranteed returns, and risk-free assets to schemes that can potentially safeguard investment amidst uncertainties. Some schemes have a far greater spectrum of multiplying wealth than traditional old schemes.
Not just that, some schemes do not even require hefty sums for investment and can be opened for as cheap as Rs 100 or Rs 500. The horizon of investment is enormous, offering diversity, flexibility, affordability, and with potential to cater for all classes' needs. The youth of India is a mixture of generations from millennials to Genz, Gen Alpha and much more.
Gen Zs are playing a great transformative role in shaping the future right from socially, and innovatively to adaptability. So, why it is always good to start early savings and investments as Gen Z? Why Should You Start Investing When You Are Young? As per Kotak Life's blog, here are five reasons to why start investing when you are young.