Running out of money at the end of the month? Save using ‘this’ method
Saving Tips: It takes a long time to earn money. But even a moment is enough to spend. This will be your experience as well. We work hard for a month for a fixed amount, but once the salary is in hand, we don’t know when it will end in 10 days. Want to prevent short of money at the end of the month? Then you should learn money planning. See how… (Do this to save money)
1. Create a Budget
First determine your monthly expenses. You need to be able to keep track of your daily expenses while creating a monthly budget. When budgeting, focus on keeping your expenses to a minimum. Stick to that budget regularly and you will start seeing changes.
2. Think Before You Buy (Think Before You Buy)
When buying anything, ask yourself if it is a necessity. Buy only things that are important to you. Avoid extravagance. By doing this your expenses will be under control.
3. Save and invest regularly
Spend 30 percent of your salary on yourself and save or invest 70 percent. This way you can save for the future and invest regularly.
Avoid debt Avoid debt as much as possible. Don’t be tempted by websites like e-commerce to lure you all the time. Always remember…there is temptation in expensive things.
5. Track all expenses and income (Track all expenses and income)
Make a list of where your expenses are going. Avoid spending where you don’t need to. If you are spending too much on one thing, think about spending it. Track your expenses.