I'm 30 years old and have a cloud kitchen where I earn around 40000 a month approximately or sometimes more than this.
I'm married and my wife is a working women earns 20k a month ,
I do investment in sliver by purchasing coins or have gold but need to ask where I can invest more for my kids education and for my retirement
I'm capable to invest 15k every month and ready to invest for long term bases.
Ans: You are 30 years old.
You run a cloud kitchen.
Your income is around Rs 40,000 a month.
Your wife earns Rs 20,000 a month.
You invest in silver coins and gold.
You want to invest for kids’ education and your retirement.
You are ready to invest Rs 15,000 every month.
You are focused on long-term investment.
You have taken the right step already. Thinking early about your future goals is wise. Now let's build a full financial plan with your situation in mind.
Start with Emergency Fund
Emergency fund is the first step.
It helps when there is no income.
You should have 6 months’ expenses saved.
Try to keep Rs 2.5 lakhs to Rs 3 lakhs.
Use liquid mutual funds or sweep-in FDs.
This money should not be in gold or silver.
Keep it easy to access, but not in savings.
Secure Health and Life
Health insurance is a must.
Take family floater for yourself and your wife.
Minimum cover of Rs 5 lakhs is advised.
Don’t depend only on employer’s insurance.
Medical expenses can spoil savings if ignored.
Life insurance is needed only if you have dependents.
Pure term insurance is the best.
Avoid money-back or endowment plans.
Premiums are low and coverage is high.
Cover should be 15 to 20 times your yearly income.
Don’t mix insurance and investment.
Silver and Gold: Good but Not Sufficient
You invest in silver and gold now.
These protect against inflation.
But they don’t give regular returns.
They don’t help in long-term wealth growth.
Their prices are also very volatile.
Don’t invest more than 10% in them.
Your focus should be long-term growth now.
Invest in Mutual Funds through Certified Financial Planner
Mutual funds are ideal for long-term goals.
They give inflation-beating returns.
For Rs 15,000 monthly, SIP is the best way.
Systematic Investment Plan gives discipline.
Start SIP in 3 or 4 good funds.
Pick different categories – equity, hybrid.
Mix of large, flexi-cap, and balanced funds.
Choose regular plans through a Certified Financial Planner.
Avoid direct funds, they don’t give guidance.
MFDs with CFP certification can help with reviews.
They help you track and rebalance yearly.
Why Not Direct Funds
Direct funds don’t give personalised advice.
You need to track and switch on your own.
Most people don’t review their investments.
Regular funds give value with expert support.
A Certified Financial Planner will create a proper strategy.
You will stay more disciplined with guidance.
Advice helps avoid panic during market falls.
Avoid Index Funds and ETFs
Index funds only follow the market.
They don’t beat the market.
Returns are average, not high.
They don’t have fund manager’s expertise.
Actively managed funds select better companies.
You need high growth, not average returns.
Index funds are passive, with no risk strategy.
For long-term goals like kids’ education or retirement, avoid them.
Investment Allocation – Based on Your Goals
For Kids’ Education:
Start SIP of Rs 7,000 monthly.
Invest in child-focused equity mutual funds.
Add hybrid funds for safety after 5 years.
Review every year with your planner.
Add lump sum whenever income is high.
For Retirement:
Start SIP of Rs 8,000 monthly.
Choose 2–3 high growth mutual funds.
Use flexi-cap and large & mid-cap funds.
Goal is to build wealth over 25–30 years.
Don’t stop SIP during market falls.
Add a PPF Account
PPF is good for stable long-term returns.
Invest Rs 1,000 to Rs 2,000 monthly.
Safe, tax-free, and government-backed.
Use it as a fallback retirement backup.
Don’t rely only on this for growth.
Use it with mutual funds, not alone.
Track and Rebalance
Once a year, review your investments.
Shift from risky to safe as goals near.
Use Certified Financial Planner to guide.
Rebalancing helps avoid big losses.
Don't do it emotionally. Do it smartly.
Avoid Investment Cum Insurance Products
Don’t buy ULIP or endowment plans.
They give poor returns.
Charges are high. Lock-in is long.
They look safe but give low growth.
You lose flexibility and transparency.
Only pure term insurance is needed.
Discipline and Long-Term Thinking
Don’t stop SIPs during bad months.
Market may fall but it recovers.
Stick to the plan for 10 to 25 years.
Keep increasing SIPs when income rises.
Even Rs 1,000 increase helps long term.
Celebrate milestones with discipline, not breaks.
Avoid Loans for Goals
Avoid loans for kids’ education.
Build funds early. Avoid education loan stress.
For retirement, don’t depend on children.
Build your own wealth. Be self-reliant.
Loans eat returns and peace of mind.
Track Expenses and Budget
Save before you spend.
Don’t wait till month-end to invest.
Budget your expenses weekly.
Keep lifestyle simple till goals are strong.
Avoid unnecessary credit card expenses.
Other Smart Habits to Follow
Write down your goals clearly.
Write target year and amount.
Share goal clarity with your wife too.
Financial teamwork helps a lot.
Talk about money once a month at home.
Teach kids about savings from early age.
Finally
You are on the right track already.
Thinking about future at 30 is wise.
Silver and gold alone are not enough.
Mutual funds will build real wealth.
Take help from a Certified Financial Planner.
Build a solid emergency fund.
Get health and term cover first.
Start SIPs now for kids’ education and retirement.
Don’t stop SIPs when income is low.
Use PPF for safe support, not as main plan.
Stay consistent for 10 to 25 years.
Track, rebalance, and review yearly.
Avoid index funds and direct funds.
Avoid real estate or investment insurance.
Focus on goals. Avoid shortcuts.
Keep increasing investment with income.
Future will be safe, stress-free and independent.
Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment