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How much of your income should you invest in insurance?
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Whenever one starts earning, the first thought that crosses the mind is often about savings. From the time one starts to have a permanent source of income, maintaining the balance between savings and expenses becomes a concern.
Sanchit Malik, Co-Founder, and CEO of Pazcare says, “An investment is an asset, which is done to generate income. It could be ranged according to every individual’s needs and any amount can be invested. It is generally done in mutual funds or the stock market. Investment planning is introduced afterward.”
People nowadays think about investing some portion of their income. However, the only area where a person doesn’t invest properly is their health. “Investing in insurance and health care is often not done on a
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