SIP or Systematic Investment Plan is a way of investing into mutual funds that allow small and periodic investments than lump sums. The periodicity varies from weekly to monthly or quarterly. This practice of building wealth, forms the principle theory of sustenance in the lives of little creatures discussed below. And interestingly, each one of them teaches us how to be prudent with our personal finance.
LEAF CUTTER ANTS The most famous of all hardworking insects are the ants and it is even more interesting if we take a look at the lives of leaf cutter or the vegetarian ants. These ants cut out large chunks of leaves allowing them to grow fungus that serves as food. In an article published by National Center of Biotechnology Information, it says, “an estimated 2.9 (±0.3) km of cutting with mandibles is required to reduce a square meter of leaf to fungal substrate.” This reminds of the fact that how much we work hard to convert our labor into wealth and an SIP makes life simple.
WEAVER BIRDS A member of the finch family, this species is known for its intricate skill of building large avian complexes by weaving twigs, leaves, grasses etc. The process is painstaking but nonetheless a very crucial part of their lives. With exits crafted at the bottom, these complexes can house 300 nesting pairs. Unlike the weaver birds, you can bank on financial advisors to help you weave your castle of dream through planned investments.
BEES There’s a lot of financial takeaway when it comes to how bees work hard in their lives. You may be surprised to know that a single honey bee produces only 1/12th of a teaspoon of honey in her lifetime. So the next time you take a spoonful of honey, you would know that it is a lifetime contribution made by 12 bees. How significant it is, isn’t it? What we learn from here is the fact that to keep something substantial for our children, we may not have to labor as much if we consider an SIP, because we human beings are intelligent, aren’t we?
BEAVERS If one has to mention a creature that never takes a holiday, it is a beaver. They are known for building dams for their shelters which often lead to change of course of a stream, causing flood etc, but they are at it! From a financial point of view, your money should be as hardworking and not you. You must holiday unlike these beavers which will maintain work-life balance. So the takeaway here is that come what may, we must be persistent in our investments to build that required wealth for our well-being.
ARCTIC TERN Do you know about this species of migratory bird? It belongs to the Arctic and sub-Arctic regions of Europe, Asia, and North America. From the northern breeding grounds to the oceans around Antarctica and back, this species cover a distance of about 38,000 km each year, spending 90 days on each side. This way it enjoys two summers conducive to breeding. This is just to conclude the fact that, unlike the Arctic Tern, you do not have to travel any bit to breed your wealth. To avail Systematic Investment Planning from ArthaYantra, you just have to get started. There, the green button on the top right hand corner of this page!