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Showing posts from January, 2011

Cutting Costs -"Effective Shopping"

        World of Finance by M.Vijaya Sai Think twice before you act. Here I mean we all must plan well in hand before we spend.This could save our money,resources and energy.These savings can be used elsewhere when it is necessary. Doctors often say "Prevention is better than cure" same thing holds good with Financial planners "Precaution is better than a trap". Generally a middle class Indian spends a lot without proper planning thinking that he has enough resources but at the end of month he generally falls short of funds. Here we will see how we could save some of our expenditure and save more while shopping and day to day activities. 1. Visit the point of Salas and evaluate the alternatives in the product line. 2. Avail discount coupons on shopping. eg: Pantlooms gives discount coupons on every purchase for card holder. 3. Set a realistic budget aside and stick on to it during your shopping. 4. Budget planning directs and makes provision for your spendi