Umm Hmm . It’s me John here. I’ve been wondering how difficult it actually is to Save Money .Every time we make a decision , we see something really very attractive, so attractive that we start to poke our “Wallets” .LOL. See in this age of Technology , it’s really very hard to not buy an Expensive smartphone. But later we realize , how much money they actually keep digging . From Re-charges to Net packs and why not Apps & Games ?. Everything digs more and more deeper into our wallets . But no problem . A Strong person can seriously save a whole lot of money .Here I’ve gathered some very common but very Effective tips to help you save money.So Now Lets All Learn ” How To Save Money “.
1. Expenditure plan
Very common . Very simple. Super successful .
Having an expenditure plan is as much as necessary as a SmartPhone is today. It will really help you control your expenses over your Budget .You will then get to know where and how your money is being spent.
Somewhere ., where we spend the most of our money and still have no record of it , is our “Daily Needs” . Rice , Vegetables are common . But Ice-Creams , Chips , Chocolates are even more. Little-Little, Slowly – Slowly they gradually eat up around ₹ 2 – 5 k a month!
2. Buy Cheap
Hmm . BRAND . This is what’s it all about . People are so much conscious about “Brands” . Here in India . I believe we Indians to be the most.! Two Brands Mainly. “Samsung” and “Apple” . People are still demanding , super demanding for iPhone 5s . See? That is seriously an old phone .It’s been like five years from now. But People still buy iPhone 5s. That’s not only it . I hear my friends planning for even iPhone 4s .!! ?? Man that’s super crazy .. !! Or Should I say stupidity ??
Well it’s Apple . So it can be considered as Okay . Because we all know the quality of Apple Products. Ooh yeah ??.. I did mention about “Samsung” . Samsung phones are great , but only the expensive one’s .Here in India , Samsung sells their Mid range phones with some super “SLOW” , super “LAGGY” Processors. That’s not a big deal , The big deal is that we Indians, “We buy them”!
I’ve seen so many peoples using super laggy phones . So slow , even when loading a Browser, The phone first Blinks 5 – 9 times , then the browser starts to load,.! Don’t know what really is the future of us Indians.? Believe me .! People are not even looking for value . Only want brand .
“ YEH HAI MARKETTING KA KAMMAL ”
So what do i actually mean? Simply , buy those that are valuable and useful. Buy those that will help you improve your life , It does not matter how “Expensive” it is . Don’t Run After “BRAND” .
3. Stay Inside
When it come to : How To Save Money ?. Stay inside means “STAY INSIDE “ I really mean it . There actually is no need of travelling around the globe and keep spending Lacs of money . Seriously.! Every money that you earn, use it wisely. Travelling won’t count only for transportation cost . You will have to pay for hotels , foods , shopping etc. It will all add up .
4. Public transport
Okay Okay , this has to be it. If you are really serious about saving money , consider this : Public transport can save you a whole lot of cash. But, It’s really very difficult to use public transport as your primary mode of transport. And here in India, it’s even more tougher .
Here is how actually it sounds. Seats might be , say 30 . I’m sure you must be thinking of travelling with the rest 29 Passengers ? right ? LOL . There’s going to be double the number . It’s super crazy here. That’s not only it . You won’t even get a place to keep your feet . But this can obviously save you a bunch of cash!! And that’s where we’re focused on .
5. Piggy Bank
And when you receive , small 1- 2 Rupee coins, Just drop it in the “Mini Bank”. Slowly Slowly this will take the face of “Thousands” .If you save daily , You might be saving around 3-5 thousand Rupees a year!!
Smart Man’s best friend . EMI stands for Equated Monthly Installments .Which means , Say , buy a product that costs ₹75,000 and pay the amount “Monthly”.
7. Savings bank Account
The more you Save , The more you Earn . Make sure to choose a bank that offers you a high interest rate . That is around 6%. So a rough calculation here : You have saved ₹1 lac in your savings Account for a whole year . Now bank will pay you ₹6,000 in extra ! So now you have earned ₹6,000 in extra by just saving money .
Related: How To Open A Bank Account?