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India Today
    CURRENT ISSUE JULY 30, 2007
 
   SMART MONEY : MUTUAL FUNDS
 

FUELLING RETURNS

 

Is your car fuel bill burning a hole in your pocket? Consider adding LPG as a fuel option to prune your bill and boost your savings. If you drive about 30 km in a day, switching from petrol to LPG can help you save up to Rs 14.80 lakh over 25 years. Here’s how:

Cost of petrol used per day Rs 120
Cost of LPG used per day Rs 80
Savings per day Rs 40
Monthly savings Rs 1,200

If that money was invested in a scheme that earned 10% a year, it would grow to Rs 14.80 lakh in 25 years

And we have not even factored in the benefit of a cleaner environment

LUNCH BRAKE
Is your lunch bill eating into your wallet? Start bringing lunch from home instead of eating out. This simple lifestyle change can help you save Rs 19 lakh over 25 years. Here’s how:

Daily cost of eating out Rs 70
Working days per month 22
Monthly cost Rs 1,540

If that money was invested every month in a scheme that earns 10% annually, it would grow to Rs 19 lakh in 25 years.

And we have not even factored in the imminent rise in prices which would increase your savings or the immeasurable health benefit of eating wholesome homemade food just as we have not taken into account the marginal cost of getting a meal from home.

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Index

India Today
CURRENT ISSUE
JULY 30, 2007
IN THIS ISSUE
  COVER STORY
How to live to be 100 and not regret it...

The Centenarians

Coping With The Big 5

Sexless And The City

Chasing Sleep

Are We Eating Smart?

A-Z Guide To Longevity
  OTHER STORIES
 


The Ruling Opposition

Taking To The Streets

Way Off Target

Fuelling Returns

Choose Your Cap

Monthly Monitor

A Skewed Blame Game

Figure Of Speech

Drama And Mascara

NK’s New Race

 
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