Most of the times, people don’t plan Birthday expenses and opt for instant financial help in the form of credit card.No doubt, credit card solves your monetary need instantly but in return charges a monthly interest of 3-5%.
So, plan your loved one’s birthdays with Birthday Registry to avoid any kind of financial burden. Birthday Registry is a SIP based investment and expense management tool to guide you with your expenses.
Are you planning to make the b’day of your loved one really special for them? But you are unable to do it.Why? The issue is, you are unable to finance the birthday celebration as per your planning.
To pull off a birthday celebration, the expenses that needs to be covered includes-
- A special birthday present
- A standard venue for the celebration party
- Decorations
- Good food for the invitees and much more.
Then, the best way to avoid the arise of such situation where you are unable to plan the birthday because of monetary issue, is to strategically plan your finance with our Birthday Registry.
Our Birthday Registry will help you to make the birthday plan of your closed one really special and at the same time help you to build wealth for your future use.
So, instead of spending a huge amount of money at one go on the b’day celebration, plan your expense with Birthday Registry.
Birthday Registry guides you with your expenses related to any birthday celebration of your near and dear ones. It suggests you as to how much you should invest at regular intervals in suitable mutual fund schemes via SIP to
avoid any situation of financial liability.
Instead of spending a lump-sum amount of money at once for celebrating birthday for yourself as well as your
loved ones, you can invest a small amount of money in mutual funds via SIP.
SIP is abbreviated form of Systematic Investment Plan. Through SIP, you can regularly save a certain monetary
amount for a fixed time period. You can save a minimum of Rs. 500, but it's always advisable to save a minimum of Rs. 1000.
With Birthday Registry, you can shell out a fixed amount of money from your account after every month, quarter or
semi-annual time period to organize a lavish b’day party. Also it safeguards you from the market volatility and also saves taxes on the return earned from SIP investment.
Birthday Registry guides you to make the birthday of your closed one, the most memorable incident of their lives,
without putting much pressure in your wallet.
Let's have a look at some of the benefits of Birthday Registry-
Flexibility
With birthday registry, you can choose the amount to be invested in SIP, the time interval and time horizon for investment.So, you choose according to your comfort and preference. You also can increase or decrease the invested amount as and when you want.
A strong financial discipline
With Birthday Registry, you will be able to invest regularly and develop a financial discipline,which will keep you away from the temptation to spend impulsively without planning.
No Burden
Investing an amount of Rs. 500 or Rs. 1000 monthly or quarterly is not of a much burden. So, in addition to your essential spendings, consider SIP investment as one of them. Investing small sum
of money at a regular interval helps you to earn a higher return as well as putting no burden on your wallet.
Compounding
Birthday Registry guides you to steadily and quickly build wealth. Also, you enjoy the facility of compounding. To make it clear, when the return amount is re-invested, you just earn interest on the interest earned, as a principle of compounding.
With our Birthday Registry, stop worrying about the finance and just plan big and make the b’day of your loved one, a memorable occasion, which he/she can cherish for whole of their lives.
From the above discussion, you can easily figure out as to why you should plan today for b’day celebrations of your near and dear ones. Now, lets focus on how to plan and invest. Don't worry. FreEMI is there to help
you out. Our Birthday Registry is a one of a kind automated platform which executes the birthday celebration expenses and evaluates a probable SIP which will give a handsome return against your invested money. Log
in to FreEMI Registry and we will help you to plan your investment. Birthday Registry guides you to make the b’day of your loved ones, an exceptionally memorable event of their lives.
