You have an excellent investment plan ready that will take care of your children as well as your retirement. But there is only one problem: Getting Started! Your household expenditure just doesnt leave enough at the end of the month for you to call it a saving for investment! The plan is on papers (or rather, on your mind) for two years now, but it just doesnt kick off! What would you do? There is no use waiting for another couple of months (like youve been doing for quite some time now), because the wait never ends and never will. The best investment plan is the one that begins now! As it is so rightly said, Boond boond se banta sagar every drop counts. Every little effort of yours to save a penny or two will add to your savings! So, lets get started!
Bundle Your Services
Have Internet, phone and mobile service? Move all of your accounts to one provider, and you could save big. Check your mail for bundling offers or call each of your service providers to find out which one is offering the best service bundle; then make the switch and save.
Cut Back on Extras
Do you really need caller ID, hello tunes and call waiting? How about the many pay channels that you subscribe to? Examine your list of monthly expenses, and determine what you can live without, short term or long term. They might be costing peanuts, but a basket full of peanuts is quite an amount! Over the months, you will be able to save a considerable amount.
Slash Your Insurance Premiums
Insurance is important to have, but is costly. Shop around for a better car insurance rate, and you may just shave hundreds of rupees off your current premium. Cant find a better rate? Talk to your current provider to see if there are discounts that you are missing out on. Do they offer a multi-line discount for customers with multiple policies?
Get Energy Smart
Do you dread opening your utility bills every month? If so, theres a lot that you can do to reduce your bill. Turn off lights when they arent in use; wash your laundry in cold water; turn down the temperature on your hot water heater; As far as possible, buy power saving appliances only. Switch on the AC only when you need it, and not simply because you have entered the room! Start looking around, and youll find lots of ways to reduce your energy consumption and your energy bills.
Seek Cheap Thrills
You dont have to spend a lot of money to have fun, so examine your entertainment spending; and see if there are places where you can make cuts. Could you get some movies on rent instead of watching all of them in the theatre? Check out books at the library instead of buying them or even if you have to, get the second-hand ones? Go on a picnic instead of eating out? And youll realize, you can actually have more fun for less money!
Pay Your Bills on Time
Are you in the habit of paying your bills late? If so, youre probably paying extra for the privilege. Start paying your bills on time, and say goodbye to late fees and rate hikes once and for all.
Oh no, no! Thats not all. There are hundreds of ways in which you can save from your daily expenses. These were just a few guidelines
