Introducing Goal Planning Module in Investica
May 20192 min read
Why Investica’s new feature is an industry-first algorithm backed accurate Financial Planner. It’s all things good.
When Ranbir Kapoor lip-syncs to “Kal pe Sawaal Hai, Jeena Filhaal Hai” in Ye Jawani Hai Dewaani, every one of us envied him for his carefree approach to life. Post that, for few days the only dream millennials had was to backpack and explore the unknown and unseen.
That dream though fading now, awakens when we comes across beautiful Instagram and Facebook photos of our friends or colleagues enjoying international Vacations.
Hate to burst this bubble but have you given a thought of the reality behind this dreamy lifestyle?
How many of these people actually saved for their trip? Are these Vacations being funded some type of Loan? Can these individuals consumed by ‘Wanderlust’; confidently say that they are doing their bit to secure their future?
What Surveys reveal?
Many surveys were conducted to study the saving habits of Millennials and their preferences.
Across the world, the results are shockingly similar, showcasing that millennials love to spend on High-End Gadgets, International Vacation, frequent trips to Restaurants, Clubs, etc., but they refrain from saving a small portion of the amount spent on these lifestyle expenses.
While we are all in favor of increasing the quality of lifestyle, we believe that it is equally or rather more important to secure your future in the world full of uncertainty. With this, we also understand that the usual mindset is you can either save for the future or can live in the present to enjoy the short-lived youth.
What if you could do both?
With one simple solution and that is to invest money. The only thing needed is a bit of pre-planning than spontaneous decisions.
But the important question is how to plan financial goals and where to start?
Don’t Worry! Investica has got you covered from financial planning for the goal to Investing for the goal; everything can be done with just few clicks with the New Goal Planning feature.
Setting financial goals
Visit Paris and the iconic Eiffel Tower? Or a MacBook Air? Or the all new Mercedes C – Class? How about all of these?
You can now define when you want to achieve these goals and instead of going through EMI Route, take SIP route to stay liability free and stress-free.
But what prompted us to launch this new Financial Goal Planner feature?
Regular interactions with our investors helped us understand, that we usually know what is good for us, but we don’t act on it as it needs extra effort. It’s like going to the gym, we know it’s good for our health, but we also need to get out of our comfort zone to make it a habit.
The same logic applies to saving, Investment and achieving financial goals too. It can only be perfected with habit and the right approach or behaviour.
At Investica, we strongly believe that Investor behavior is the key to creating or destroying wealth. With a habit to save for every big expense and staying on course during the period of investment can make a significant impact on your journey of wealth creation.
Every small step taken towards Financial Goal planning is a step taken towards a better and secure future.
So, explore our brand new feature of Goal Planning and start investing right away!
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