Got your Increment?
I am sure most of the people would get an increment now or would have got it already. We thought that this is the right time to talk about "Top Ups" in Investments. Top Up means increasing your investment by a certain % at regular interval. For Example Increasing investment by 10% once a year. Below is a table that the shows the additional wealth you can generate by increasing your Investment regularly. By only increasing the investment by 10%, one can increase the saving by 25%. If we continue to do the same for 15 years, then we can generate 50% more wealth! This is a random example that we have took just to show how powerful an idea top up is. So let me give a more specific example by taking our own case. I got my 1st job 12 years ago and a back of hand calculation tells me that my earnings have grown at ~20% per annum. If I had been wise back then, I would have saved around 30% of my income and Increased it by 20% every year, in line with my increments/promotions, Belo