This document provides money lessons for people at age 22, including saving regularly and letting savings compound over time, using tax-efficient investment vehicles like equity-linked savings schemes (ELSS) to save on taxes, investing regularly in equities for tax-free growth, and choosing equities over fixed deposits or insurance to beat inflation in the long run. The key recommendations are to start saving and investing early, take advantage of tax-benefits, and opt for growth assets like equities that can outpace inflation.

1. Money Lessons To be Followed At
The Age of 22

2. Know The Importance of Saving & Compounding
Rs 1000 invested per
month for 8 years would
have become 1.7 lakh
today ! (assuming Rate of
Returns @ 14% p.a.)
Disclaimer: Mutual Fund s and securities investments are subject to market risk and there can be no assurance or guarantee that the objectives of the Schemes will be
achieved. Past performance may or may not be sustained in the future. Refer to the respective SID and statement of Additional Information before Investment.
Source: Scripbox

3. Know To Save Taxes in Right Way
Instead of Using Insurance
policy which does not
yield much- use ELSS
schemes to save tax &
grow your investments.
Source: Scripbox

4. Know the Importance of Investing in Equity
Keep on Investing in
Equity regularly & as your
investments completes a
year it becomes tax free.
Source: Scripbox

5. Know the Inflation Beating Asset
Insurance or Fixed
deposits may help u save
money but it will never
help you beat the inflation
in Long Run. Equities have
the potential to beat the
inflation.
Source: Scripbox

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