Gold Price of Today
Gold prices are increasing day by day. Generally in India, every parent is worried about their children marriage due to the hike on gold prices.
If you living in US, then you may be the one of getting 30grams of gold absolutely free.
Make your move to get 30grams of gold absolutely free now.
Lets we welcome Mr.XXX and his family for our example. His son YY age 5 and daughter ZZ age 2. And Mr.XXX wants to present 25 sovereigns each for their marriage. And Mr.XXX guess they get marry @ their age of 25.
So let's we start our calculation now.
For YY, now age of YY is 5. His marriage age is 25. So 25years-5years=20years. In months, 20*12=240months.
And 25sovereigns of gold is, 25*8=200grams of gold.
Finally for YY, we need 200 grams of gold on 240 months.
By applying the above formula, we get the answer how much grams of gold we need to save for YY wedding day.
(200/240)=0.833 grams of gold Mr.XXX needed for YY wedding.
For ZZ, now age of ZZ is 2. Her marriage age is 25. So 25years-2years=23years. In months, 23*12=276months.
And 25sovereigns of gold is, 25*8=200grams of gold.
Finally for ZZ, we need 200 grams of gold on 276months.
By applying the above formula, we get the answer how much grams of gold we need to save for ZZ wedding day.
(200/276)=0.725 grams of gold Mr.XXX needed for ZZ wedding.
So finally Mr.XXX wants (0.8333+.0.725)=1.558 grams of gold/month.
Gold Saving Plans for your needs
Easy steps to planning for gold savings is not much more. Simple planning will help to start your gold saving plans in next few minutes. First decide little few things like for what purpose your saving on gold, just like saving for future marriage purposes, retirement benefits, for ornaments or to future investments and so on.
If your success with your above planning, then you can find you answers to gold savings in next few minutes. Next step on gold savings plan is, calculating for the monthly size of buying gold. This can be done by using formula as below:
MSG = (TG/TD)
MSG - Monthly Saving of Gold(In Grams)
TG - Total Amount of Gold needed
TD - Total Duration(In Months)
Gold Saving Formats which will be useful
After knowing how much gold we needed now, next we must know how to buy and save it.
When we comes for gold saving plans, choice of many people will be only gold coins. But the problem with gold coins is, if in future we wanna make those coins as ornaments, it will not be good because if this happens we may loose at least few grams of our gold.
Instead of gold coins, we can use E-gold funds, E-golds, Gold ETF are best methods to save gold for long terms.
Get your free gold investment kit now and learn the best things about investing in gold today for the better tomorrow.
Gold prices are increasing day by day. Generally in India, every parent is worried about their children marriage due to the hike on gold prices.
If you living in US, then you may be the one of getting 30grams of gold absolutely free.
Make your move to get 30grams of gold absolutely free now.
Lets we welcome Mr.XXX and his family for our example. His son YY age 5 and daughter ZZ age 2. And Mr.XXX wants to present 25 sovereigns each for their marriage. And Mr.XXX guess they get marry @ their age of 25.
So let's we start our calculation now.
For YY, now age of YY is 5. His marriage age is 25. So 25years-5years=20years. In months, 20*12=240months.
And 25sovereigns of gold is, 25*8=200grams of gold.
Finally for YY, we need 200 grams of gold on 240 months.
By applying the above formula, we get the answer how much grams of gold we need to save for YY wedding day.
(200/240)=0.833 grams of gold Mr.XXX needed for YY wedding.
For ZZ, now age of ZZ is 2. Her marriage age is 25. So 25years-2years=23years. In months, 23*12=276months.
And 25sovereigns of gold is, 25*8=200grams of gold.
Finally for ZZ, we need 200 grams of gold on 276months.
By applying the above formula, we get the answer how much grams of gold we need to save for ZZ wedding day.
(200/276)=0.725 grams of gold Mr.XXX needed for ZZ wedding.
So finally Mr.XXX wants (0.8333+.0.725)=1.558 grams of gold/month.
Gold Saving Plans for your needs
Easy steps to planning for gold savings is not much more. Simple planning will help to start your gold saving plans in next few minutes. First decide little few things like for what purpose your saving on gold, just like saving for future marriage purposes, retirement benefits, for ornaments or to future investments and so on.
If your success with your above planning, then you can find you answers to gold savings in next few minutes. Next step on gold savings plan is, calculating for the monthly size of buying gold. This can be done by using formula as below:
MSG = (TG/TD)
MSG - Monthly Saving of Gold(In Grams)
TG - Total Amount of Gold needed
TD - Total Duration(In Months)
Gold Saving Formats which will be useful
After knowing how much gold we needed now, next we must know how to buy and save it.
When we comes for gold saving plans, choice of many people will be only gold coins. But the problem with gold coins is, if in future we wanna make those coins as ornaments, it will not be good because if this happens we may loose at least few grams of our gold.
Instead of gold coins, we can use E-gold funds, E-golds, Gold ETF are best methods to save gold for long terms.
Get your free gold investment kit now and learn the best things about investing in gold today for the better tomorrow.