💃Hi, I am Sameeksha...professionally broke in both love and finance...and here while the world around me seems busy making fiancés, here I am struggling to even spell fiancé correctly. So I have decided to leave that romantic tragedy on “read” and focus on fixing my finance instead. After all, there's only an 'n' separating me from a better bank balance...soo let’s fix the finance part first. As for the fiance part, I will need an English class first and then maybe I will finally gather the courage to make one.😑

Well my fellow broke souls hold hands (digitally, of course) and walk this bumpy road of financial literacy together, because misery loves company and so does money!✊

💥Classic Saving Strategies (The Good Old Reliable Friends):-

🌈 PPF (Public Provident Fund)

Think of this as a relationship with your future self. You invest your money in a PPF account for 15 years, the government showers it with tax-free interest, and you come out richer, older, and hopefully wiser. It's basically a long-distance relationship with your own money, and the returns are totally worth the wait.

🌈 EPF (Employees’ Provident Fund)

Your salary's quiet side hustle. A portion of your monthly salary is whisked away before you can even miss it, matched by your employer, and tucked away until retirement. Future-you will send you a thank-you note.

🌈 SIP (Systematic Investment Plan)

SIPs are the gym subscription for your money. Small, regular investments in mutual funds, and if you stay consistent, you end up financially fit. The sooner you start, the fatter the wallet.. because here is where the real magic happens :- Compounding..

In plain English: compounding is like earning interest on your interest, and then earning interest on that interest, and then... well, you get the idea. It’s basically your money dating more money, and their kids bringing in even more money. A full-on family reunion of cash, if you stay patient.

The trick? Start early and let time do the heavy lifting. Because honestly, your ₹500 today might look small, but give it a few years and it’ll be flexing in your account like it just hit the financial gym..

🌈 Fixed Deposits (FD)

The “Grandma” of savings. Park your money, forget about it, and watch it grow at a steady, predictable pace. Not flashy, but trustworthy.

🌈 Recurring Deposit (RD)

Think of this like a re monthly EMI to your future bank account. You commit a fixed sum every month and the bank rewards your loyalty with interest.

🌈 Liquid Funds

For the commitment-phobic. Want slightly better returns than a savings account but still be able to withdraw when needed? Liquid funds are your go-to, especially when you don't want your money to sit idle but aren’t ready to lock it up either.

💥Modern Day Saving Strategies (Because We're Not Cavemen):-

👌 NiyoX

A modern digital savings platform that gives you higher interest rates than your lazy old savings account, paired with no-maintenance charges and swanky app features. Because your money deserves to be both smart and stylish.

👌 Fi Money

Think of Fi as your tech-savvy buddy who tracks your expenses and savings while you scroll memes. They offer flexible savings plans, rewards, and insights into where your salary actually disappears.

💥 How Instagram Highlights Are Stabbing Your Wallet (And How to Stop the Bleeding):-

😕Why we fall for it:

You open Instagram.

Someone’s on a Maldives trip.

Your bank balance says ‘Mal’ while the ‘dives’ part has already drowned.

😎How to deal with it:

Unfollow people who vacation more than they breathe.

Accept this golden truth: Social media shows their vacations, not their credit card bills. (Thanks to Broke Millennial for that gem.)

Before you swipe your card or book that trip, ask yourself: “Am I earning for me or for my Insta followers?”

Chill at home, sip some coffee (from your own kitchen), and let your future bank balance thank you.

💥Books That Changed My Wallet (And Life):-

📚Broke Millennial by Erin Lowry

A brutally honest, hilarious guide that’ll stop you from treating your salary like a Netflix subscription: spent before you even notice.

📚Rich Dad Poor Dad by Robert Kiyosaki

The classic. A reality check between working for money and making money work for you.

Sameeksha’s Note: Read both, but only after finishing this blog, or I will haunt your financial dreams!👊👻

💥Schematic Plan: ₹30,000 Salary - Broke Soul Edition:-

Let’s break it down:

50% Needs (₹15,000) – Rent, groceries, bills, and basic survival.🍲🏡

30% Wants (₹9,000) – Occasional Starbucks, Netflix, birthday gifts for people you don’t even like.🎂🥮

20% Savings (₹6,000) –

👉 ₹2,000 SIP.⭐

👉 ₹2,000 PPF.👼

👉 ₹1,000 Liquid Fund or RD.🪪

👉 ₹1,000 Sovereign Gold Bond or Index Mutual Fund.🪙

Future You: If you save ₹6,000 monthly via SIP at an assumed 12% return, you will have around ₹7.2 Lakh in 7 years. Future You can finally afford that Maldives trip..with cash, not EMIs.🏖

💥When To Take The Leap: Savings Vs Investments:-

The other day, I had the longest debate with someone who said: “Old-fashioned saving to get rich is slow, you need to earn more to get rich.”💁

And as always, we were standing at opposite poles. If they say right, I will point left..they say north, I am already packing for south..that’s just the natural law of our conversations... Harmony?? Well never heard of that word..

So what I said:-

Invest in stocks and high-risk assets only when:

1. You have an emergency fund.

2. You have cleared high-interest debts.

3. Your classic savings are on auto-pilot.

4. You can handle the emotional rollercoaster (and not cry every time Sensex falls).

First, stabilize. Then gamble

💥 In Conclusion: Finance over Fiancé (For Now):-

Look, managing money isn’t about being rich. It’s about being wise. Your future self will either thank you or haunt you depending on what you do after reading this. So, start slow, be consistent, and for heaven’s sake, don’t let Instagram stories decide your financial worth.

Fiancé can wait. Finance shouldn’t.💢💬

Well here me..👀

Broke in love, broke in cash,

Broke in luck.. life’s a crash.

Woke in wisdom, fixing all the rest,

But love? Yeah, that’s my unpaid test.💔

Until next time, broke but learning ---) Sameeksha.

Fiance?? Finance? Let’s Fix One First.