For most of us it is very joyful, getting salary in accounts. But, unfortunately, this joy doesn’t last longer than 10 days in a month, and after 10 days many of us find ourselves again desperately waiting for the next payment. Investing towards financial goals also more difficult for a salaried person due to number of expenses like house rent, electricity bill , school fees, groceries, EMIs, etc. These expenses consume a big portion of salary in the start of the month. If you want to invest your money for making wealth for future without compromising on your lifestyle. The first and the primary element of your strategy will be automating your investments and saving before spending, rather than save what you are left with at the end of the month. One of the most flexible and trustworthy ways is investment through Systematic Investment Plan (SIP). An SIP is a very convenient way of Investment in mutual funds. It allows you to invest a certain amount at regular intervals and take the advantage of rupee-cost averaging. It is a systematic approach towards Investment and helps to save and build wealth for the future over a long time period. A salaried person, who makes investment mostly in fixed deposits, recurring deposits, Public Provident Fund (PPF) etc., can go for mutual funds through SIPs. You can set up automatic SIPs in the funds of your choice, according to the tenure of your financial goals. These SIPs will be deducted from your account on your chosen date, which should be within the very first week of a month. So this way, you can invest before you spend. You can start with a low percentage of saving, such as 10 per cent, because, it is not easy to reduce expenses, and you should also think of raising it over time. Increase in your SIPs yearly can do the magic to your investments. If you do an SIP of ₹ 10,000 monthly in an equity fund that returns 12 %, in 20 years, you will have a corpus of ₹ 91.98 lacs. However, if you also increase your SIP by 10 % yearly, you will have ₹ 1.95 crore. Salaried person can also invest in equity-linked savings schemes (ELSS), also called tax-saving funds through SIPs. Since tax-saving funds belong to Section 80C, investments up to ₹ 1.5 lacs are exempt from tax under Section 80C. ELSS are multi-cap in nature, so you can choose ELSS as your main mutual fund for your long-term goals, such as retirement. These can help you to build wealth along with tax benefits.