5 Steps to Building ₹10 Crore

Numbers only come to life when they connect with our dreams and aspirations. Think about it—would the count of planets in a far-off galaxy matter if astronomy didn’t interest you? Money, on the other hand, stirs emotions because it’s deeply linked to our hopes and plans. So, what does ₹10 crore mean to you? Is it just a number out of reach, or could it be the foundation of a future you dream about? Imagine seeing that figure in your bank balance—how would it empower you and transform life for your family?

This Diwali, let’s do more than celebrate prosperity—let’s take steps to create it. With each step, I’ll guide you to build a future where ₹10 crore isn’t just a number but a reality. Treat each part as a financial worksheet. By following along and completing each task, you’ll be actively building a path to long-term wealth. Let’s start this journey together, one step at a time.

First, let’s determine your starting point. Just like a Google Map route, if your destination is set to Mumbai, the app needs to know where you’re starting from to guide you effectively. Your current net worth is like your financial coordinates, helping you map the journey to ₹10 crore. Knowing exactly where you stand today will allow us to set a realistic path forward, step-by-step.

Your Task: Create an Excel Workbook titled ‘My 10 Crore Roadmap.’ In this workbook, start with the first sheet labeled ‘My Net Worth’ and list your assets and liabilities in separate columns.

• Assets: Include cash, savings, investments, property, and any other assets.
• Liabilities: Add debts, loans, or other financial obligations.

Once you’ve listed everything, subtract your liabilities from your assets to calculate your net worth. This figure is your starting point. Keep this sheet handy—you’ll update it as we progress.

Congratulations! By calculating your net worth, you’ve taken the essential first step on your ₹10 crore journey. This initial snapshot is like setting your starting point on a roadmap—it shows exactly where you are today and gives clarity for the path forward.

In the next article, we’ll tackle the next steps to accelerate toward your goal. We’ll explore how to set a realistic target timeframe, identify your income and expenses, and create a solid budget to boost your investible surplus. Each step will build upon the last, bringing you closer to a financially empowered future.

So, keep that ‘My 10 Crore Roadmap’ workbook open and ready! Together, we’ll make sure each step on this journey is simple, actionable, and rewarding. See you in the next article!