Tag Archives: saving

Plan well and save more: The modern mantra

Saving is always a good habit. The sooner you get to know this and make it a habit, the better. The present global financial situation is such that the more you can save, you will have to worry less about your future. But the question is how you can save money. Well, there are many simple ways following which you will end up saving a bit for your future usage.

  • It is better to set some goals for yourself as you start saving. Short term goals such as daily or weekly goals are very effective in this case. If you push yourself hard to keep up to the daily or weekly goals, you will end up saving a lot.
  • Try to keep a time frame in mind, if you are saving for something specific. If you are saving money to buy a car, then do so by telling yourself that you want to buy a car in a time of two years. This will always be in the back of your mind and you will be instigated to save.
  • Maintain a written record of the daily or weekly expenses and also how much you are earning. This will help you get an idea how much you can actually save and how much you are actually saving. If you see that you can save more than what you are presently saving, then you need to rework the calculations.

Save more by using your credit card

The financial condition the world over is such that one will have to think about savings very seriously. There are many ways by which you can save your hard earned money and you need to start with it today.

Credit cards have become a very common place financial instrument in the modern world. But most of you may not be aware of the fact that even a credit card can actually help you save a bit of your money, rather than making you spend more. Most of you are aware of the fact that most credit cards that are available in the market offer some sort of a return. This may be in the form of cash backs or points being added to your account depending up on the amount you have spent using the credit card.

If you are careful enough to choose the right kind of credit card, then you will be able to save a lot. Try to get yourself such a credit card which gives cash backs, as then you will get back a pert of money that you have spent. But if your credit cards gives you points, then you will have to buy more, by spending more in order to utilize the points within a specific date. So, while applying for your credit card read the fine prints and chose the card that gives you the most cash backs.