Educational thread: 6 saving tips that will cut down your expenses! Read and share:
1. Introspect: Without a doubt, the first step to plan more savings is self-reflect. Ask yourself, how much are you spending on unnecessary things? How impulsive are you when it comes to shopping? You will get a lot of answers!
2. Chart a budget plan: Try to jot down your daily spending in a diary or spreadsheet. Writing provides much needed clarity on every subject!
3. Save and invest: Savings isn't just piling up on idle money. Always try to change your outlook to treat idle funds as investment opportunities!
4. Debt cycle: Some people really have the habit of taking credit from a person to pay off another. If you get stuck in this cycle, there is no way out. Avoid at all costs.
5. Needs vs Wants: Part of the self-reflection process is to differentiate between needs and wants. Need is something you require at all costs. Wants add a layer of comfort in your daily life.
6. Unused subscription: Review your daily subscriptions like OTTs, newspapers, magazines etc. If you're not using it regularly, cut down the cost.
7. Read more: Go through the Elearnmarkets Blog,and pave your way to Financial Literacy! bit.ly/3E7PEq1
@vineetpatawari @vinaypagaria @vivbajaj
@vineetpatawari @vinaypagaria @vivbajaj
#entrepreneurship #passiveincome #stocks #creditrestoration #financial #budget #goals #moneytips #debt #finances #investor #Stockmarket #Mondaymotivation
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