BlogHide Resteemsgurusubdk (27)in chit • last yearChit Funds A Great way Save and Invest Your MoneyChit funds can be a way to invest for some individuals, but they come with their own set of advantages and disadvantages, and whether they are a "great" way to invest depends on your financial…gurusubdk (27)in chit • last yearSavingsThe goal of all income is to create wealth and take on the responsibilities that come with it. All the income you earn at your day-to-day job is either used for pleasure or saved up for the rainy…gurusubdk (27)in chit • last yearWhat are chit funds? Should you invest in chit funds? How do chit funds work?A chit fund is a type of financial arrangement that involves a group of individuals coming together to contribute money into a pool at regular intervals. The collected funds are then given to one…gurusubdk (27)in investments • last yearAre chit funds regulated by the government in India ?Chit funds are regulated by the government in India. The regulation of chit funds is under the Chit fund act 1982 (to know more about chit fund act 1982 visit which is legislated by the central…gurusubdk (27)in chit • last yearHow do I get maximum benefit from chit fund?Chit fund is a great investment since it is a safe and secure investment where you can get assured high returns share market, real estate either involves huge risk or gives you low returns (to know…gurusubdk (27)in chit • last yearAre chit funds a good platform to inform ?I would say, Chit fund is a great platform to investment since it is a safe and secure investment where you can get assured high returns while other investments like recurring deposits (to know…gurusubdk (27)in chit • last yearIs chit fund better than recurring deposits?Recurring deposit or RD is one of the famous savings instruments in India but most of the people who know about RD are not aware of the Chit fund instrument that gives assured higher returns than…gurusubdk (27)in chit • last yearWhat is chit funds ?A chit fund is a type of financial arrangement that involves a group of individuals coming together to contribute money into a pool at regular intervals. The collected funds are then given to one…