Hello Friends
In this blog I am going to tell you five small tips to save your money. We earn money by working hard, but we never think to spend money that where and how we should spend money.
So lets start.
1) Make a monthly budget:- First of all you should make a monthly budget. Make it a habit that after every month you should make a budget. Write down your domestic expenses, electricity bill, mobile bill etc. Then you will be able to conclude that what exactly are you earning and spending and where do you need to reduce the expenses. There are many apps in play store to plan monthly budget. You can download and install in your phone or use traditional way with a pen and a diary.
2) Setting saving goals:- Now if you have made your monthly budget now it is clear from that how much are your expenses and how much are your savings. Now what you have saved set a saving goal for that money. What you need to do with saved money, ofcourse saved money should be invested. There are many investment schemes in market where you can invest like in mutual funds, stocks, etc. Understand this thing that always people work for money but now change your thinking and let the money work for you. What you have earned from investments again invest and earn. So every month set a goal that at least you save a particular amount.
3) Spend to save money:- Spend to save money. What does it mean? It means cheaper buyers get bad meat. Yes, it means if you buy something from market like smart phone, Air conditioner, T.V, fridge etc. that should be a quality thing. Always buy products of good brands. Because these would be durable and you will have not to pay again and again for the same product.
4) Decide your priorities:- Always buy that thing you need. Don't waste your money on things which attracts you but you don't need. Suppose if you are interested in photography and you wish to make your career in that profession then save money and buy a camera. Don't waste your money in things you don't need. If you will keep wasting your money that you will not be able to buy a camera. Moreover photography will become your profession and you will start earning with that. So always decide your priorities.
5) Ask for discount:- Last but not the least always ask for discount whenever you buy something. If you purchase online then there are many websites which provides you coupons. Just type website name and type coupons with that. Suppose if you book a room in a hotel from make my trip app or website then type 'make my trip coupons' this will show many links where you might have a free coupon.
So guys these are some simple tips by which you can save your money.
Thanks.
In this blog I am going to tell you five small tips to save your money. We earn money by working hard, but we never think to spend money that where and how we should spend money.
So lets start.
1) Make a monthly budget:- First of all you should make a monthly budget. Make it a habit that after every month you should make a budget. Write down your domestic expenses, electricity bill, mobile bill etc. Then you will be able to conclude that what exactly are you earning and spending and where do you need to reduce the expenses. There are many apps in play store to plan monthly budget. You can download and install in your phone or use traditional way with a pen and a diary.
2) Setting saving goals:- Now if you have made your monthly budget now it is clear from that how much are your expenses and how much are your savings. Now what you have saved set a saving goal for that money. What you need to do with saved money, ofcourse saved money should be invested. There are many investment schemes in market where you can invest like in mutual funds, stocks, etc. Understand this thing that always people work for money but now change your thinking and let the money work for you. What you have earned from investments again invest and earn. So every month set a goal that at least you save a particular amount.
3) Spend to save money:- Spend to save money. What does it mean? It means cheaper buyers get bad meat. Yes, it means if you buy something from market like smart phone, Air conditioner, T.V, fridge etc. that should be a quality thing. Always buy products of good brands. Because these would be durable and you will have not to pay again and again for the same product.
4) Decide your priorities:- Always buy that thing you need. Don't waste your money on things which attracts you but you don't need. Suppose if you are interested in photography and you wish to make your career in that profession then save money and buy a camera. Don't waste your money in things you don't need. If you will keep wasting your money that you will not be able to buy a camera. Moreover photography will become your profession and you will start earning with that. So always decide your priorities.
5) Ask for discount:- Last but not the least always ask for discount whenever you buy something. If you purchase online then there are many websites which provides you coupons. Just type website name and type coupons with that. Suppose if you book a room in a hotel from make my trip app or website then type 'make my trip coupons' this will show many links where you might have a free coupon.
So guys these are some simple tips by which you can save your money.
Thanks.
Great
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