At the end of the month money crisis ! you need to earn more money no that is not the answer
The differnece is not the amount of money but in the efficiency in planning. Here some tips
that can help you to do this
Set your Goal:
Firstly you have to make your own goal first . enjoy
your hard earn money at the same time you have to create financial goal. As a
result your saving and investment get a new path.
Create Emergency Fund:
In parallel with saving and investing create one fund so in case of emergency
you use this fund most of people don’t do it.
Insurance:
In early stage of life if any one do one or two insurance in that case he or
she not get trouble in future but unfortunate no one not think in this matter.
Planning now for Retirement
: In early life, almost everyone thinks, 'There is
time for old age'. But you can't imagine when time will pass.
Keep track of loans or credit: Before taking a loan from anywhere, you must know all the information. You can use credit card for shopping. But buy only if you have the financial capacity to repay the loan on time. Bind yourself to the level.
Plan ahead: Fix the fun yourself. Keep your
budget separate at the beginning of the month. Don't give up on your daily expenses. Don't waste emergency funds
for weekend plans. Change the plan if necessary. Eating out can be arranged at
home in the last week of the month. Rely on ordinary bus, train, metro instead
of taking app cab.
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