At present, we are very close to financial year end. This is the right time to turn back the way which you walk in 2015. If you want to maintain your financial status well, you have to calculate the income and expenditure in 2015.Nearly 75%of people in India are middle class, who are struggling a lot to fulfill their basic needs. At this situation how can we save money for our future? If this is your question, don’t worry !! There are so many ways to save money when you have low income. In this article, I have picked 5 simple and effective ways to save money.
Find Your Due
When we are starting to save, we have to analysis for what we are spending much more money? If your goal is to save money when your earning is low, you have to find and fight with high-interest debt first. This is the main reason why most of the people can’t save in low income. If you find a solution for this, magically you can find more money in your pocket. Purchase Weekly When your annual income is low, first you have to focus on purchasing. Shop smarter- I’m not saying that hold your hands tight while shopping, I’m just saying don’t open wider. Purchasing weekly once is the best way to save more money, buy low price, multiple use products. Part Time Job If your regular job can’t fulfill your basic needs, take a part time job to earn more money and increase your annual income. Its really very tough to work part time in some other place, better find a job to work from your home. There are so many online works are available in web, these will make you less stressful and save money. Keep The Change This is old fashion, but can help to save money. Collect the changes in your pockets, changes in car tray and save it in the jar. It is better to save atleast 10% of your withdrawal amount every time and make your piggy bank full. Live Within Your Means Best advice but no one wants to hear. If you want to save money don’t make the situation harder by keeping up with the Joneses. Be simple as much as possible and don’t compare you with anyone. Hope that this guide will help you a lot. Get more information aboutAll bank IFSC code, MICR code, SWIFT code and address.
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