First thing you should do with your salary to set yourself free is start SIP online.
Reward or pay yourself by giving a part
of your salary (say 25% to 30%) by investing
it for you rather than using it to pay your
expenses or spending it.
Make sure that your salary is working for you
so you can be really free at the earliest.
We Indians love to save as reflected by our saving rate, which is around 28%-30%, meaning that Indian’s save close to 30% of their salary. However, unfortunately we keep it stuck in saving bank accounts or FD.
You should invest your money wisely to get high returns and be free to follow your passions which are not driven by the need of money.
The best habit to help you save money from your salary is to start investing in a SIP: A method of disciplining yourself to save first and spend later.