How can I make money with 50000 rupees?

British response

What can I do with 50000 rupees?

Three Smart Things To Do With Rs 50,000

  • Smart Move #1: Prepay your Home Loan. Let’s face it – a Home Loan is supremely expensive proposition. …
  • Smart Move #2: STP into an ELSS. STP… …
  • Smart Move #3: Boost your Insurance Cover. And by that, I mean by purchasing a simple term plan and a health insurance plan.

How can I double my 50000 rupees?

Here are some options to double your money:

  1. Tax-free Bonds. Initially tax- free bonds were issued only in specific periods. …
  2. Kisan Vikas Patra (KVP) …
  3. Corporate Deposits/Non-Convertible Debentures (NCD) …
  4. National Savings Certificates. …
  5. Bank Fixed Deposits. …
  6. Public Provident Fund (PPF) …
  7. Mutual Funds (MFs) …
  8. Gold ETFs.

What business can I start with 50000 rupees?

Best small business ideas under 50,000

  1. Pottery. We live in a country where we have people with tremendous skills and talents. …
  2. Cloth Industry: India is a country which is known for its diversity around the globe. …
  3. Food Service: …
  4. Photographer: …
  5. Chips making factory: …
  6. Designing:

How can I earn 1 crore easily?

Here are a few ideas which made more than 1 crore.

  1. Start a blog and build your audience.
  2. Affiliate marketing.
  3. Sell a Course and leverage it by Live training, workshop, mastermind and personal mentorship.
  4. Write several Books.
  5. Dropshipping.
  6. Software as a service.
  7. Build an App which helps 10 lakh people.
  8. Freelance Expert.
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How can I become rich?

To build wealth you need to have some fundamentals in place:

  1. Money mindset is everything. …
  2. Millionaires still budget. …
  3. Money management is key. …
  4. Invest your money for growth. …
  5. Build your business around your personal financial goals. …
  6. Create multiple income streams. …
  7. Don’t check out.

Which SIP is best for 1 year?

Top 10 Best SIP plans for 1 year-

Investment Returns in 3 Months Returns in 1 Year
Aditya Birla Sun Life Savings Fund 0.9% 7.3%
ICICI Prudential Ultra Short Term Fund 1.2% 7.7%
India Bulls Ultra Short Term Fund 1.2% 6.8%
Kotak Savings Fund 1.1% 6.9%

How can I be rich with a low salary?

If you want to get rich, here are seven “poverty habits” that handcuff people to a life of low income:

  1. Plan and set goals. Rich people are goal-setters. …
  2. Don’t overspend. …
  3. Create multiple streams of incomes. …
  4. Read and educate yourself. …
  5. Avoid toxic relationships. …
  6. Don’t engage in negative self-talk. …
  7. Live a healthy lifestyle.

How can I get rich in 50000 a month?

Some of the popular investments are PPF, FD, EPF and even mutual funds. To get Rs 50,000 a month, you have to accumulate a sizeable amount. Some of the investments which help you accumulate a sizeable corpus are PPF, Fixed Deposits, Mutual Funds particularly equity mutual funds. Let’s narrow down two investments.

How can I make 50k fast?

Giving yourself six months to make 50K can take a lot of stress off of your plate.

How to Make 50k in 6 Months

  1. Demand Money from Robocallers. Imagine getting paid up to $1,500 to answer phone calls. …
  2. Flip a House for $50,000 (Net) Flipping houses can potentially net a cool $50,000 in six months. …
  3. Start a Blog.
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