5 Most Significant Things You Could Invest In With Your Salary
By: Milton, Chiara
Published On: July 05, 2021
In today’s times you can spend your salary in so many ways, each person will have a different way of doing it. There is no right or wrong way of spending money, the decision to spend lies on the individual itself. Although there are a few fruitful ways in which you can invest in your salary.
There are an increasing number of people who have found a way of investing their money, they now donate their money on crowdfunding platforms in India. Here, people raise funds for their medical treatments and also personal or social causes. It is very easy to understand this concept, here is how it works.
Here’s how to make the best use of your salary:
- Invest in health
It is a wise decision to invest in health insurance as early as possible. For people below the age of 30, the premiums for health insurance are low and it is easy to
Insurance companies believe that people in this age bracket have a lesser chance of mortality or contracting any disease. Although this is true, life is unpredictable and you can have a medical crisis all of a sudden.
In such times if you are falling short of funds, you could start an online fundraiser on our platform. It will help you to raise funds for your medical treatment. Starting one just takes 5 minutes.
2. Invest in your environment:
Indoor plants are the new trend right now and they’re good for you too. You would be surprised to know about the health benefits an indoor plant can give you. Here are some of them:
- Lower blood pressure
- Increased focus
- Improve attendance (at work and school)
- Improve productivity (at work)
- Help overall well-being
- Increase job satisfaction
You could also plant saplings in a garden near your neighborhood and experience the joy of watching your tree grow.
3. Invest in the healthcare sector:
The healthcare sector will always be in demand at any given point of time. The Government’s investment into the public health infrastructure due to the Covid-19 pandemic is another long-term positive for the sector. You can You can invest in healthcare stocks after doing research or you could invest in healthcare mutual funds.
4. Invest in a healthy future for your family:
Ever since you were a kid, your parents took care of everything. It is your time to take the responsibility. You could upgrade their health insurance or invest in yearly health check-up plans. You could also get your parents registered for a yoga class. This is their time to sit back and relax while you take care of everything.
5. Invest in humanity
The art of giving involves no returns, it means selflessly helping somebody and making a difference in their lives. Here are some ways in which you could give to charity:
- Feed the underprivileged or the homeless
- Gifting mobiles to needy kids for their online education
- Donating oxygen concentrators, masks, sanitizers to people in need.
Due to lockdown, outdoor movement is restricted and you may not be able to help the community. There is an option, you could help people in need by donating to a fundraiser on Impact Guru. You can find all the causes you’re looking for here.
Have you considered donating? Here’s why donating is good for your health- Giving Back Makes You Healthier