I read many articles on how to manage the expenses in day to
day life and try to follow them but sometimes i spend money lavishly then
later I will think , oh I would haven’t done
that. So I listed out the things where the money is spent unwanted and tried to
stop it...The solution I followed is simple, Be frugal and also I made sure
that due to this no one is getting affected and my personnel health is not
affected.. Here is one tip which I followed and it worked... I learnt this tip
from one of my friend and sharing it.
“Don’t have too much of money in pocket or wallet, have only
limited which is enough for day or week”...
Before I used have at least minimum 1000 bucks in my pocket
and it vanishes away in two or three days for no reason...And money goes mostly
for bike petrol, eating outside all over the week. So what I did is to manage
expenses, I kept only 200 bucks and rest in the home for emergency or in saving
account. After a week, when I checked my pocket for how much amount is remaining
I had around 100 bucks, only 100 bucks spent on the whole week.. When compared
to before, I have saved money a lot.
- As you all know most of the money will go in eating outside and so I started to cook in home daily including breakfast, lunch and dinner...Tried different dishes and getting expertise in cooking now. When compared to before, I am bit healthy.
- Started using public transport, my bike drinks petrol too much... Almost weekly I spent 300 bucks for petrol, even though the travel distance is 15 Kms per day... After I started using public transport for coming to office, petrol expenses went down and staying healthy by walking.
For me, due to above things money was spent a lot and there
could be many which I need to figure out... For each one, it differs “Make a
list and try to stop unwanted expenses”..
Money is saved now , but how do we track how much in a month or two is saved..To keep track of it i followed Money bank saving method before depositing the saved money in bank account.. In my cloth set drawer , i placed my own made paper box (Reusing the materials) and i promised myself that box should be opened only on the Month end.. I started dropping the saved money in the box and the box started to fill.. Later at once stage , i felt that i am withdrawing cash often from ATM machine to fill the money bank..So instead of dropping cash , in a Piece of paper i noted the saved money and dropped it in the box.. On the month end , i sum up the money noted and place it in saving bank account.. The Later Idea is working Out for me.
"Being frugal does not mean being cheap! It means being economical and avoiding waste." --Catherine
Money is saved now , but how do we track how much in a month or two is saved..To keep track of it i followed Money bank saving method before depositing the saved money in bank account.. In my cloth set drawer , i placed my own made paper box (Reusing the materials) and i promised myself that box should be opened only on the Month end.. I started dropping the saved money in the box and the box started to fill.. Later at once stage , i felt that i am withdrawing cash often from ATM machine to fill the money bank..So instead of dropping cash , in a Piece of paper i noted the saved money and dropped it in the box.. On the month end , i sum up the money noted and place it in saving bank account.. The Later Idea is working Out for me.
"Being frugal does not mean being cheap! It means being economical and avoiding waste." --Catherine
1000 lasts for three days?... great da....
ReplyDeletewell said .. hope to see more tips :-)
ReplyDeleteThanks rahul...
ReplyDelete