Quote Originally Posted by subasan View Post
The common problem we face with money is to not save it. We should develop the habit of saving, Let it start from 1000rs/ month. Save for 3-6 months. Then spend 50% of the money on things you love. This will give you satisfaction. After that, increase your savings by 1500rs/month. The gradual increase in the savings will help you in a long run. Also, read/learn more on investments. Invest in assets and not in liabilities. Buying a car is not an investment but an liability. Investment on mutual funds, share markets. As said earlier, read the documents properly/ learn more on investments. Do not keep your money in the bank. Savings account is a total rip off. Trust me, banks uses our money for their own good. Hope this helps.
Thank you very much subasan, These are very useful tips, Sure I will follow them, once again thank you.