10/09/2022
*Stop Over Spending, Impulsive, Emotional Expenses*
1.Very Expensive Marriage
2. Very Expensive Education ( Go for practical/ Skill based education )
3. Expensive Gadgets
4. Expensive Decoration / interior/ House
5. Expensive Holidays
6. Expensive Cars
7 Unncessary spent on entertainment, Partying often
8 Always full filling every or impulsive desires of every family members
9 Expensive Makeups or personal care products
10 All time spending on branded things (Some time can be avoided)
11.Spending for Showoff or false status
12 Spending on extra warranties out of fear
13 Avoidable heavy spending on Credit Cards or Debts
14 Avoid to be addiction of drugs,cigarettes, Partying, bars, alcohol, expensive Clubs / Restaurant etc
15 Avoid bulk buying, unnecessary things always & pile up stock in house
*Tips for Saving*
1.Concertare on Savings & wise Investments plans with Proper help from experts
2.Keep a side funds for Self Skill Development Reinvestment in business/ Profession
3.Buy on discount (No temptation)
4.Keep Emergency Fund ready
5.Develop Multiple Source of income
6.Proper Budget & Set limit
7. Fix Income / Expenses Ratio & Saving Ratio
8.Always Make Proper Shopping List, first see needs
9. Buy on Proper touch or feel , seeing, Listening or well research of Market & experience or seek proper advise
10 Avoid free bees offers ( Applying mind ) or buying in groups
Note- Not applicable to all and ultra rich class people and those who understand value of money and some time people do mistakes in spending
*Comfort is important but you come out of comfort zone for better Income*
*Compiled by B D Surana*
*Self Development Series in one lines*
No 39
Give feedback in my personal email [email protected]
