Well, Recently I have started my quest and exploring online for Ideas, tips from Online blogs, Personal Finance sites, Magazines etc.
If you don't any favorites to start with , just google "Personal Finance Tips". You will come across, N numbers of ways to cut down the costs, unnecessary expenses, and to boost your savings.
Some interesting sites which I was following when I have time are listed below:
kiplinger.com
money.cnn.com
creditkarma.com
mint.com (blogs)
Also few blog links from google search.
The more important factor is making the habit of "Self Control", When it comes to buying unwanted items on impulse. Also think before whether the things you are buying some expensive electronic items whether those are needed or the things you want. Making this as a habit should cut down most of your Miscellaneous/unwanted expenses. I read some where, women prefer men who are frugal than a lavish according to an Online survey. According to this survey, this means men who are frugal has more self-control and gave the virtual safety to women that he will take care of her in the long run. (Don't ask I was in which category? Yes, you guessed it right ;)).
Recently I started tracking the monthly expenses/items on which I am spending everymonth. While Budgeting and doing such analysis, I found that recently all the increments in my income is being spent on additional cost of the insurance and inflation. And I am in the same state as 3 yrs before.
(For Example: My internet bill raised almost 60-70% from last year, eventhough I didn't upgrade to any different plan. )
As per the suggestions/advises I come across online, I was thinking what are my most important plans/Financial goals and how can I achieve them sooner. This kind of thinking evaluates your current position and make you to come up with a plan to achieve your goals.
- Construction of New home in my Home town or Buying a flat in the city where I am working
- Think about alternative sources of Income (utilize the power of compounding)
- Close all your debts within a year and improve your savings
- Saving for Kids education
- Retirement plans
- Exploring/Traveling the world.
- Increase your wealth
- Create more value in your work place
What are your Financial goals? Please leave your comments if you have any.
Thanks,
If you don't any favorites to start with , just google "Personal Finance Tips". You will come across, N numbers of ways to cut down the costs, unnecessary expenses, and to boost your savings.
Some interesting sites which I was following when I have time are listed below:
kiplinger.com
money.cnn.com
creditkarma.com
mint.com (blogs)
Also few blog links from google search.
The more important factor is making the habit of "Self Control", When it comes to buying unwanted items on impulse. Also think before whether the things you are buying some expensive electronic items whether those are needed or the things you want. Making this as a habit should cut down most of your Miscellaneous/unwanted expenses. I read some where, women prefer men who are frugal than a lavish according to an Online survey. According to this survey, this means men who are frugal has more self-control and gave the virtual safety to women that he will take care of her in the long run. (Don't ask I was in which category? Yes, you guessed it right ;)).
Recently I started tracking the monthly expenses/items on which I am spending everymonth. While Budgeting and doing such analysis, I found that recently all the increments in my income is being spent on additional cost of the insurance and inflation. And I am in the same state as 3 yrs before.
(For Example: My internet bill raised almost 60-70% from last year, eventhough I didn't upgrade to any different plan. )
As per the suggestions/advises I come across online, I was thinking what are my most important plans/Financial goals and how can I achieve them sooner. This kind of thinking evaluates your current position and make you to come up with a plan to achieve your goals.
- Construction of New home in my Home town or Buying a flat in the city where I am working
- Think about alternative sources of Income (utilize the power of compounding)
- Close all your debts within a year and improve your savings
- Saving for Kids education
- Retirement plans
- Exploring/Traveling the world.
- Increase your wealth
- Create more value in your work place
What are your Financial goals? Please leave your comments if you have any.
Thanks,
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