Why? The simple answer is the magic of compound interest!

Now what does that mean in plain English? Well, it's like multiplication. You start with a small amount today and it multiplies into a larger amount tomorrow. The earlier you start, the faster the money multiplies. Over a period of time, the impact of this is massive.

Try the Kal Se calculator to better understand how compound interest affects you.

This is the age where you earn perhaps the least in all your earning years. So the temptation to postpone saving is the greatest. But that could be a big mistake. Save just 5% of your income now. You can increase that to 10% whenever you feel like it.

Having sampled the Kal Se calculator, take a look at the Power of 1000 calculator. See the difference those extra 1000 rupees make in the long run.

Did you know that cutting down on just 1 outing a month starting from age 25 could get you Rs 38,28,277 odd lakhs by age 60! Use the Eating Out calculator to know more.

Did you know that cutting down on just 2 cigarettes a day from age 25 could get you Rs 11,48,483 by age 60! Use the Cigarette calculator to know more.

Assuming that you are about 25 years old, by age 40 you could:

•   Have an extra Rs 21,13,723 in your bank provided you start saving from      age 25 instead of age 30^
•   Have an extra Rs 2,50,755 if you cut down on four cigarettes a day starting      now*
•   Have an extra Rs 4,17,924 if you cut down on one meal out every month**

^Assuming your rate of return on investments is 10% and monthly investment amount is Rs 10,000.
*Cost per cigarette stick is assumed to be Rs 5 and rate of return on investments is assumed to be 10%.
**Cost of one meal outing is assumed to be Rs 1000 and rate of return on investments is assumed to be 10%