Cannot do savings in any way? you are working hard to earn money, still the money is going away! Despite of Desire, the money cannot be saved! Actually, this problem is not only yours, but many people are also in such a problem. Such problems arise because we spend our money without thinking. so let’s hear a little story – Which will make it more clear.
How To Save Money
A king lived in a village many years ago and he had lots of property. He used to show pride of his property to all the people of his Kingdom and he thought that there is no one rich than him. One day he wanted to travel all over the city. according to his wishes, the minister organized everything, and a team of soldiers, people and ministers went out with King to travel the city. The pebbles on the way were repeatedly stuck over the King’s feet, which caused the king to pain, after walking a little, the king could not walk and he was irritated and returned to the palace. He came back and started thinking about how to make this difficult Road a good one and to find a solution he called a meeting. In front of everyone in the meeting, the king ordered the Minister to cover the road with leather.
Everyone was shocked after hearing the order of the king, that it would take a lot of money to cover the entire Road of the city with leather. but no one had the courage to speak in front of the king. then a man started speaking with fear – “if you cover the entire road of the city with leather than a lot of money will be spent, but I have a better solution to solve this problem, which would be cheap and also the problem will be solved. if you allow me then I can give you a better solution.” the King was angry at the man spoke over him yet he gave a chance to the man to share his idea. the man said, “instead of covering the road of the entire City, if we make leather shoes for you, then there will be little expenditure and the problem will also be solved”. the king was very happy to hear the man and rewarded him and also made leather shoes for himself.
So how was the story? My question for you people is, where the story is taken from? if you know tell us in the comment.
Anyways friends, as you have seen, we take a lot of such decisions in our life due to which many of our money is wasted but if we look at all these decisions well then, we will be able to save a lot of money. Saving money is an art – if you learn this art once then many problems of your life will be solved. But if you cannot learn this art, you will never be able to invest any money you earn and you will also not be able to become rich. So without wasting any time let’s know how to save money – I mean to save money from being wasted.
13 Secrets to Save Money
So let’s know how to save money:-
#1: Create a Balance Sheet
To save money first you have to keep your mind cool and you should maintain a monthly balance sheet – to know in which areas you spend money.
American management consultant, educated and author – Peter Drucker has said “if you can’t measure it you can’t manage it” which means if you are not able to measure then you cannot manage. it’s 100% true. So you should make a balance sheet for the entire month at the very beginning of the month, go accordingly, do not spend too much. If you need to spend more money in one area, then reduce spending in the other areas. You can then complete all the expenses. If you calculate, then your perception will be ready where you have spent so that you can easily save some money. so from now onwards stop spending money without need.
#2: Stop Retail Shopping
Buying something in loose change costs more. Therefore, rather than buying something in loose change try to buy collectively for a week or a month, by this you will be able to save a lot of money every month.
#3: Use Piggy Bank
Usually, we do not give importance to our loose money, but if we deposit that money into a piggy bank, then we will be able to see a good amount at the end of the year by which, we can fulfill many of our wishes, which will be very helpful to us. So at the end of the day save the remaining money in the piggy bank.
#4: Do Shopping Over Online
Before buying anything offline try to know the rate of the product from local stores, then buy the product.
If the shop is in a little distance then Walk a little because the benefit is only yours. And now online shopping is gaining popularity. There is nothing which cannot be found online and that too with a good cash back offer. So you can buy something online. So before buying anything go to different shopping sites see where the price is low and by the product from there. that will help to save you a lot of money.
#5: Open a Deposit Account
Open the deposit account along with the savings account, link the deposit account with the savings account in the bank and set a fixed amount there, so that every month automatic deposit of the specified amount from your account will be done whether if you forget. Then there will be saved every month. This is the best way to save money especially for those who are employed.
#6: Stop Purchasing Additional Goods
There are some people who have something and by the same thing again, if you have a habit of buying such unnecessary things, leave it today. For boys buying more than one wallet, belt, hand Bracelet and for girls to buy dresses and sandals – does not require any special day, every day it is like a festival to them. Nothing is good when it’s more than the requirement. yes, you do not have one stuff, then you are buying that stuff it is ok, but if you have the same thing 2 or 3 then you buy that again, then it is nothing but unnecessary expense. you have to be a little aware of all these things. Calculate in a Paper that how much has been spent on buying all these unnecessary things which are not at all worthy.
#7: Reduce the Driving Habit
When the price of an item increases once, then to decrease the price of that item is very difficult. Even if it decreases, it is much less than the price at which it increases. As the price of petrol and diesel increases day-by-day, so if you reduce your driving practice then you will be able to save some of your money. For example – if you are going to the market which is just 1 kilometer away from your house then also you are taking your bike or at the evening when you spend time with your friend then also you take your bike, you have to reduce all these things. And instead of a bike, you must practice Using cycle. By this, there will be no environmental pollution and your money will be also saved.
#8: Buy Used Product
Some accessories that are used every day. There are some online sites where you can buy used goods at less price. But do not ever buy used clothes, you can buy electronic items, furniture etc. These will save your money a lot. To buy used products you can use olx.in and including Smartphone and other electronic items you can use 2GUD.com website.
#9: Learn to Bargain
We can do good bargaining while buying potatoes, onions, vegetables, we buy vegetables at 8 rupees per kg rather than buying it for 10 rupees per kg. But in the places where bargaining is needed, we keep our mouth shut there. so raise your voice and wake up. If you go to Chandni Market in Kolkata, then you will see, they are selling a product worth rupees hundred in 1000 rupees. if you do not bargain then you will become a fool. you cannot save money if you cannot bargain.
#10: Avoid Using Restaurant
For a party, entertainment we go to the restaurant and spend a lot of money in a single day. I am not saying to stop doing party. I am just saying if you give your party at your home then you will save all your GST, AC charges. Also, the price of the food is very much and at that price you can give a good party at your home and can also save some money. and there is no point in taking your girlfriend to expensive restaurants every day. you can use the local food stalls. By this, you will also get tasty food at less price and you can also save your money.
#11: Try to Know the Differences Between Dal Rice & Biryani
There is no point in saying that every Sunday in the house next to you they eat Mutton Biryani so that you will also have to eat the same thing. You can eat normal rice and chicken. Actually, seeing the house next to you or a friend. Many times we got a bad wish in our mind that you want to take that thing right now, we increase our interest in the matter and with this impulse, we spend a lot of money to buy that thing. But after a few days, our interest reduces those things on our own. So first learn to understand the difference between dal rice and biryani, which is necessary and which is luxury. Then you can easily reduce unnecessary expenses and save money.
#12: Always Try to Use Cash
You may think about why I am talking about using cash when everybody is using online payment, debit card, credit card in the meantime. With cash, we have an emotional attachment that is not with online payment, debit or credit card. If you pay 10,000 rupees in cash after buying something then the pain that you will have, if you pay by online or swiping card you will not feel any pain, you will feel that you are paying a little bit by swiping the card. So always try to pay cash. If you do payment by cash then the pain in your pocket will remain for a long time and you will be a bit reckoned. I don’t know if this happens with you or not, whenever I have a new note, whether its 1 rupees or 1000 rupees, it’s very difficult for me to spend that money.
#13: Focus on Earning Money
If you start saving money to buy your favorite thing then it’s a good idea. But it is not possible to reduce the expense after a certain time. So if you focus more on earnings then you can save a good amount of money and quickly buy your special item.
You must have heard this saying. so you can save money if you want, you just have to follow our smart ideas. every person should try to save money as much as possible, there is no point in wasting money unnecessarily because you have a lot of it, if you have more than you need, rather than wasting the money you can do charity.
So friends, let us know in the comment section which techniques do you apply to save money, see you again in the next article, till then THINK POSITIVE, DO POSITIVE AND GO AHEAD… THANK YOU…