DECEMBER 2015 | WWW.WISHESH.COM WWW.WISHESH.COM | DECEMBER 2015

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LifeStyle Relationship

Tips to maintain financial

BudgetBalancing your budget is very hard and smart work. Spending is easier than earning. Balancing budget is more scary than seeing a horror movie. Whether you are a student, married couple, experienced couple, it is not that easy to handle. There are certain things that trap you to unbalance your finance. You have to take care of these traps and try to find the solution to manage your financial problem. The solution to get rid of this ghost is to make proper budget planning for your financial needs. Understand the household limits and spending area. Lets have a look at some easy tips that may work to save your money

DECEMBER 2015 | WWW.WISHESH.COM WWW.WISHESH.COM | DECEMBER 2015

70

Relationship

Tips to save the money

Make your budget on a paper

This is the best practice of saving your money. Adopt this technique and pen down all your spending on the paper. This will not only save money, but also provide balance to your next month salary.

Restrain yourself in the market

If you have quality of saving money from supermarket, then you can save enough money. Try to buy the household things that will not affect your budget as well as health. Do not go for things that are not urgently needed.

Save on electricity

Save the electricity by switching off the appliances that are not in use. TV, radio, computer and all other small electrical household items, use much more electricity than we think. Turn them off when you are not using them. Replace ordinary light bulbs with LED bulbs that consumes less electricity. Ordinary bulbs of 100w, is equal to the light of 15w economic bulb. By this also you can save your electricity bill.

Stop going out every weekend

It wastes your money in two ways, first is if you are going with your own vehicle you are wasting your money by burning petrol. Stop going out every day or weekend for a cup of coffee with your friends. Instead, invite them over to your place for a cup of coffee, you will have the comfort of your own home and still enjoy in talking to your friends. For the weekend outing invite your friends to your place for a dinner. This way you will feel good about yourself for making a delicious meal for your friends and discuss the interesting things that happened on other days. With these changes, you will spend less.

Car free riding

Do not drive the car if not urgent. Stop going for long

riding or if you do not have urgent work. Instead, go by foot or on a bicycle. This way you will save money and a walk or a bike ride is always healthy. If you always need your car, then buy a car that is not a big gas guzzler. By this you can save enough money.

Introduce wallet

Try the system “wallet “, in which you put a certain amount of money for daily consumption. When the wallet is empty, it means that you have exhausted the limit, and if at the end of the day you still have something in, assign it to the wallet “saved “.

It wastes your money in two ways, first is if you are going with your own vehicle you are wasting your money by burning petrol.

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