All Entries Tagged With: "money saving ideas"

The moment you take control of your finances, the first thing you will see is how much less profligate and how much more thrifty you become with every dollar and every rupee. What this does mean is that the inconvenience of little things like gifts for friends (who conveniently forget your own birthday when the time comes around) or lunches with friends (who conveniently forget the meeting when the time comes around) can be a bit of a drain on your finances. Just how do you go about handling awkward situations such as that? These are, luckily, very common “problems”, so to say, and they can be handled in a manner most tactful, like so. Group gifts This can be a very tricky affair. Personally speaking, it has happened to me so many times that I feel like getting someone something (and  [...]

Car, although a convenient vehicle to commute, is a very expensive asset. You have to spend money regularly on gas, repairs, maintenance, insurance, and so on. However, there are few ways to keep these costs under control, and have an inexpensive drive every time. Let’s have a look at few of such ideas. Check Tires Regularly Inflating your tires properly and regularly ensures you get better mileage, and keep them from wearing out soon. However, inflation pressure is not same in all the months. During summer, when the road temperature is high, the pressure in your car’s tire rises. Hence, pressure in summer differs from pressure in winter. If you are not aware about how far the tires should be inflated, simply ask the mechanic to do so. You can find this information on the sticker inside  [...]

To attain financial freedom, you need to ensure you spend less than you earn. And if you fail to do this, you will probably never be able to save a dollar for your future, no matter how many extra hours you work or how quickly you climb the corporate ladder. Let’s discuss top eight reasons why people put off saving. This might help you to understand your lackadaisical behavior, and eliminate it: They can’t face the truth: People find it easy to be buried under debt than to face the truth. They are scared to look at the financial mess they are in. Hence, they choose an easy option: avoid it. Depending on future income: This is the most common trait of a person with enormous debt. They overspend depending on the expectation of earning more in near future. If, however, this expectation  [...]