1.Make a budget and follow it- Make a budget plan every month and control unnecessary expenses.
2.Start investing smart- Invest in SIP, mutual fund, stocks and fixed deposits.
3.Don’t forget to take insurance- It is impotant to take health insurance and term insurance.If you don’t have insurance , get it.
4.Create an emergency fund- Keep at least 6 months’ expenditure fund in a separate account.
5. Retirement planing- For Retirement, consider option like NPS(National Pension System) and PPF.
6.Make a rule to Invest in this way- 50% essential(food, rent, internet)
30% Lifestyle(Gadgets,subscriptions)
20% Investing and Investment.
Этот текст, вероятно, на английском языке. Вот комментарий:
Interesting breakdown of the categories! I’m curious, how did you arrive at the 30% allocation for Lifestyle (Gadgets, Subscriptions)? Do you think this percentage is sustainable in the long term, or will it fluctuate based on trends? Personally, I find gadgets and subscriptions to be a significant part of modern life, but I wonder if we’re overspending in this area. What’s your take on balancing lifestyle expenses with other financial priorities? Also, do you have any tips for managing subscription costs effectively? I’d love to hear your thoughts!
We’ve integrated libersave into our regional voucher system. It’s amazing how easily it allows us to bundle various providers on a single platform.