Covid norms are relaxed…and you might be thinking its time for vacation!
But apart from travel planning one also have to plan financially (specially if its a foreign trip).
The solution to that is, SIP investment!
Yes, it can be a lumpsum or SIP that can help you plan your foreign trip.
For example, Mr. Rajan is planning with his family for a 10 day foreign trip.
His approximate expense including travel and stay is ₹x.
To achieve that goal Mr. Rajan invest x amount lumpsum and x amount SIP.
Considering average market return of x% he is estimated to receive x amount by the end of x years.
Viola! His travel expenses are covered…
So, if you want to plan for your travel,