If you want to increase your money, you have to start investing. If you invest in property or gold, their value increases over time and you make a profit. On the other hand, if you invest in a scheme, you earn interest and your money grows. But it is very important to understand where to invest and how much to invest so that you can secure your future. Here are 5 such investment formulas with the help of which you can easily do financial planning. After this, money will come to you in abundance.

50-30-20 formula
The 50-30-20 formula teaches you money management. With this formula, you can understand how much money you have to save and invest. For this, you have to divide your monthly income into three parts. Keep 50% of the salary for household expenses. Use 30% of the money to fulfill all your hobbies or to meet your future needs. You have to save 20% of the money at any cost and invest it. This means you can use 50+30= 80% of the money anywhere, but you have to save and invest 20% of the money at any cost.

15-15-15 rule

This rule of 15-15-15 is for those people who believe in long-term investment. If you want to create wealth, then you should invest for the long term. In this, you have to invest 15 thousand rupees every month for 15 years. You have to invest in such a place from where you can get at least a 15% return. You can choose SIP for investment. There is no guarantee of return in this, but in the long term, you can get 12 to 15 percent or even more return.

Rule of 72

The formula of 72 tells you how much time a scheme can double your money. For this, divide 72 by the interest received on the scheme. After this, the number that comes in front of you, your money will double in that many years. Suppose you are getting 7 percent interest on a scheme. In this case, 72/7 = 10.28. That is, your money will double in 10 years and 28 days. If you have a specific goal, then through this formula you can get an idea of how much time you have to double the money. Which scheme will be better for this and which will not?

Rule of 114

The rule of 114 can also prove to be very useful for you. It tells you in how many years your investment will become three times. This rule also works like the rule of 72. You can find out in how much time the amount will triple by dividing the interest received on the scheme by 114.

Rule of 100 minus
The rule of 100 minus tells how much money an investor should invest in equity (stock market) and how much in fixed-income schemes based on age. For this, you have to subtract your age from 100. The remaining number is the percentage of your total investment that should be in the stock market or equity, the rest should be invested in safe investments like debt, fixed deposit, bonds, etc.

Understand with an example.
Suppose your age is 35 years, then 100-35 = 65. If you earn Rs 1,00,000 and invest 20% of it i.e. Rs 20,000, then you should invest 65% of 20,000 i.e. Rs 13,000 in equity. The remaining 35 percent i.e. Rs 7,000 should be invested in safe places.

Disclaimer: This content has been sourced and edited from ZEE Business Hindi. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.