"Middle income group - Booklet" is a concise booklet that offers valuable insights and strategies for individuals belonging to the middle income group. The author emphasizes the importance of setting SMART (Specific, Measurable, Achievable, Relevant, Time-bound) goals to attain financial success. By adopting this approach, readers can gain clarity and direction in their financial planning journey.

The booklet covers essential topics such as retirement planning, budgeting, and investing. Readers will learn the significance of starting early and leveraging the power of compounding to grow their wealth. The Rule of 72 is introduced as a simple tool to estimate the time required for investments to double in value.

To assist readers in making informed investment decisions, the booklet explores various investment avenues, including mutual funds, Public Provident Fund (PPF), Systematic Investment Plan (SIP), National Savings Certificate (NSC), and Post Office Monthly Income Scheme. The advantages and features of each investment option are outlined, enabling readers to make choices that align with their financial goals.

Additionally, the booklet sheds light on important aspects of financial planning, such as the Financial Planning Pyramid and the types of insurance available. It warns readers about consumerism and the potential pitfalls of Ponzi schemes, emphasizing the need to be vigilant and avoid falling victim to mis-selling.

"Middle Income Group: A Practical Guide to Financial Well-being" equips readers with the knowledge and tools necessary to navigate their financial journey successfully. By implementing the principles and strategies outlined in this booklet, individuals in the middle income group can work towards achieving financial security and realizing their long-term goals.