How much to Invest?
If you require certain amount for a future goal (e.g. higher education or buying a new laptop, house etc.) but are not very sure about how to calculate what amount should you start investing to achieve that goal, here is a short video that explains how to calculate it using a spreadsheet software like MS Excel. It is very simple!
Click here to download the Excel file used to create the calculator shown in the video
P.S. In the video, we have taken the annual amount to be invested and divided it by 12 (months) just for the sake of simplicity. For precise calculation using monthly compounding, refer to the excel sheet titled 'Monthly_Compounding'
