Techolic – Trusted Stock Broker & Investment Advisory in Chandigarh

Your 30s are the most powerful decade to start building wealth. You already have some career stability, and at the same time, you still have enough years ahead for compounding to work its magic. For example, if you invest just ₹10,000 per month in a mutual fund SIP from age 30 to 60 with an average 12% annual return, you can accumulate over ₹3.5 crore by retirement. But if you delay by 10 years and start at 40, the same investment grows to only around ₹1 crore. This shows why early action matters. In India, experts often recommend following the 50/30/20 budgeting rule—50% for needs, 30% for wants, and 20% for savings or investments. At the same time, it’s wise to maintain an emergency fund covering 3–6 months’ expenses, while investing at least 15–20% of your income consistently. In this guide, we’ll cover 7 proven wealth-building strategies tailored for Indian professionals in their 30s. 1. Understand Your Financial Baseline Before you start building wealth, you need to know your curr...