Posts

Showing posts from May, 2022

10 Money-saving tips to keep your finances on track

Image
The main problem of today's youth is that they spend everything. If someone is earning 10 rupees, they look for a way to spend that 10 rupees. I have seen this tendency in most people like my mates, friends and even in the family. Even as a child, when relatives used to give us 500 rupees, we spend it on luxury pens, spiral-bound notebooks, and much other useless stuff. The problem with our generation is that we tend to live a lifestyle where expenses are exactly equal to income. Always love below your income. I f you are earning 10 rupees, try to live a lifestyle as if you were earning 7 rupees. This not only cuts downs your unnecessary expenses but you can save a lot and invest for your future. Trust me, investing is not only necessary to secure your future but it actually helps a lot in generating wealth, thanks to the power of compounding. And the savings you keep aside will help you through tough times in case of emergency. Therefore, the ten most important saving tips are as