If you earn extra financial 

Equities are the closest way to become rich. Mutual funds are reliable ways to get rich. These are the opportunities that middle class people try to get rich. But, what about those who are supporting their families with a meager income? Should they not invest..? Should they not get involved in the share market? Should SIP be used? Are they limited to those with income? What about those who don’t have it?

SAVINGS

‘As much as the wind blows!”. This principle also applies to family finances. If you don’t earn enough, and you keep saying after ten years… your financial situation will not change even after decades. It is a mistake to think that you will create a lot of assets with a few earnings! If you invest 30 percent of your monthly income of Rs. 15 thousand, that is, Rs. 4,500, what will the rest be for the family? That is why, lower middle class families should focus on saving, but if they invest, the situation will get even worse.

Bye to the job..

There are many opportunities in this competitive world! If you hold a degree in your hand and go as a clerk.. your life will become like a basket case. You should create wealth. Don’t take risks.. If you want to earn a salary that is small but reliable, your life will not change even after years. Rs. 18 thousand, Those who have a salary of Rs. 20 thousand should first get out of that trap. They should stand on their own feet. Even if you open a tea stall in a big city like Hyderabad, you will not earn Rs. 30 thousand per month! If you do not want to give up your job.. you can identify your talent and create some additional wealth based on it. There are many ways to earn income.

If you are a teacher in a private school.. you can give tuition in the evenings. If you have knowledge in music.. you can run a music school. If you are good at cooking, you can make money by selling powders and pickles. Knowing what your specialty is.. and earning income through that too, we will grow. Moreover, if you pay four thousand SIC out of the next twenty thousand.. it will be difficult to run your house with these sixteen thousand. You will have to compromise on everything like food to eat, clothes to wear, children’s education.
Enthusiasm is an investment..

A A thirty-year-old man works as a construction laborer. His daily income is Rs. 900. It comes to Rs. 21 thousand per month. His wife sews. She gets Rs. 4 thousand per month. He has saved carefully and accumulated one and a half lakh. Let’s say he has made an SIP of Rs. 5 thousand out of this one and a half lakh. After twenty years, he will get 11.50 lakhs. However.. after ten years, that person who turns 40, may not work as enthusiastically as he does now. Children will grow up. Expenses will also increase. Then the income may not be enough. In such a case, how can he invest? To the accumulated one and a half lakh, he can add two lakhs through a private chit.. to buy construction equipment. Additional income will be generated by renting them out.

Since he is in the construction sector, there is no problem of lack of demand. If he can arrange equipment so that he can earn Rs. 3 thousand per day by the end of ten years.. the income will be stable. No one will rent it for ten days. Even if you don’t think you can afford it, you will save around Rs. 60,000 per month. If the couple’s income is added to this, the family can get a place in the middle class list. There should be enthusiasm to earn money.

The idea of ​​​​getting out of a meager life should come to mind. If it is implemented properly, there will be no need to stop at the lower middle class.
Reassurance for the family

Since it is a lower middle class family, Arogyasri will be implemented. There is no need to worry about medical expenses. If you think it is good for something, you can take health insurance. Insurance companies are offering life insurance with a limited amount in accordance with the rules of IRDA (Insurance Regulatory and Development Authority).

Even if the income is not enough or there is no education, they are giving life insurance up to Rs. 25 lakh. For this, you only need to pay a premium of Rs. 200 to Rs. 600 per month. This will provide security to the family. Sukanya Samriddhi Yojana for children, Atal Pension Yojana for you By choosing other government-based schemes, you can be free from anxiety about the future.

✨ About Me

Hi! I’m Manikanta Reddy, a passionate finance enthusiast with a strong understanding of money management, personal finance, and smart investment strategies. I believe financial literacy is the foundation of a secure and stress-free life — and I’m here to share practical insights, real-life examples, and simplified advice to help you make better financial decisions.

Whether it’s choosing between paying off a loan or investing, building emergency funds, or planning for retirement — I love breaking down complex topics into easy, actionable tips that anyone can follow.

Let’s learn, grow, and build wealth — the smart way. 💰