Money saved is money earned. The money needs to be saved and it's also important that the saved money continues to grow more than the inflation and also more that the dearness caused by lifestyle living. Therefore the money needs to be invested wisely in various investment option. 1)At least 20/30% must be invested in good fundamentally strong blue chip company which have to potential to double the money in the time span of appox. 3 years. 2) A research work must be done to invest at least 40% of investible funds in good mutual fund house. The track record of the fund house and the fund manager has to be carefully scrutinised. The fund must should have the potential of doubling your funds in an span of appox 4 years. 3)Now the remaining funds may be judicially invested in real state, post office and banks. Post office and banks, albeit give lower return, are the source of instant funds. The invester don't have to wait for even a day for the payment and secondly the funds are fully secure. This kind of methodology can be adopted for the investment but it may vary from person to person according to his capacity of investment and according to his capacity of taking risk.
