10 COOL AND LEGAL THINGS YOU CAN DO WITH ₹1000 IN INDIA

So you got ₹1000 in your hands, you dont know how to spend your money wisely, So here I have listed 10 cool and legal things that you can buy or taste with your ₹1000. Whether you can make money by investing in stocks markets or rather spending it in delicious foods, the option is yours. 

P.s Never spend that money on illegal  activities like gambling or cricket betting, i have listed some cool things to show how a ₹1000 can get better things rather than spending on your GF?!?!

1) Foodie for Life : Best way to spend ₹1000 is to try out street foods of where ever you are. The perfect way to taste Indian spices and variety of Indian food.

But of course, a couple of condition

1) you must be a foodie
2) just to avoid any misunderstanding, first gather the knowledge of the popular food stalls around you

2) Millionaire ?!?! : You can buy at least 16 million dollars (in Zimbabwe currency) from eBay India at ₹880. ( Ebay Link ) Click this Link after reading the full article.

Spend remaining money to get them laminated!

3) Choose Wisely, Live Well : If you are eligible,you can invest in stock market.Invest wisely as it can fetch you high returns on long term investment.Initially it's very risky and it'll lead you to nothing if you let your ego come first before you. So,don't cry when you lose.Learn from your mistakes.However,I would like to suggest you to invest in virtual trading first.you can start with Investopedia.

4) Help Those Inneed : You can provide employment to a very poor person. e.g. you can purchase umbrella  or open a small juice shop and that poor fella can run it and earn a small fortune for his family. I'm sure both of you will be benefited by this.

5) SIP More : If you are saying that you want a onetime investment of Rs. 1000, then I would suggest you to put in Small Cap Equity Mutual fund for 20 years. At ~15% return it will become Rs. 16,366 or if are talking about an investment of Rs. 1000/month, then you can start an SIP in Equity Large cap fund whose average return vary between 12–25%. So after 20 years at 12%, SIP of Rs. 1000/month will yield Rs. 9,89,255.

That’s the power of compounding!

6) Learn The Trade : You can buy some good personal finance books which can help to enhance your financial knowledge. Here are few awesome books for beginners:

·         The Richest Man in Babylon

·         Think and grow rich

·         Rich Dad Poor Dad

Further, if you are interested in stock market, you can read the following books:

·         The Intelligent Investor

·         One Up on the wall street

·         Common Stock and Uncommon stocks

7) Be A Recruiter : This may sound weird but you can actually run a recruitment firm with an investment of less than 1000bucks. How? You don’t really need an office for this. You can work from home, contact people via emails and phones. Apart from this, you need internet access and newspapers at your place. The process is simple. Hunt for those who are in needs of employees. Hunt for those who are in need of employment. Match the requirements and done! However, with this, you need to be patient and dedicate long hours in the search. Success mantra here is to be patient and dedicated.

8) Let's Kids Enjoy : Buy a big box of chocolates and distribute it amongst kids! Let them pick a handful. You could go to an orphanage or a school or offer the chocolates to a kid you see on the road. Might not be the best use of 1000 bucks but will definitely be worth those thousand smiles.

9) Blogger....Hoyaah : Blogging is seen as a hobby my most of the people in India. However, many people are dedicated bloggers and blogging is their only source of income. Again, here you need to invest time and be creative. People love reading blogs but only if they are interesting and limited. A blog post should not be longer than 1000 words as it tends to be boring. However, that is not a compulsion. If you have the calibre to get people hooked for more than 1000 words, go ahead with it.

10) Don't Die Rich : Buy some food for a poor. Teach him how to read. Then, buy him some books to read. Thats the best investment you should do with your 1000 bucks!

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