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2007-01-18 00:42:12 · 5 answers · asked by manid 1 in Business & Finance Taxes India

5 answers

It's never late starting to save for a rainy day. Try this, open one more savings account in your name. Set up a recurring transfer every month (choose the date like 3 or 5 etc, make sure it is couple of days after your pay date), that recurring transfer will send 10% or more of your take home salary to this new account.

Most important thing, never carry the new accounts debit card with you. Keep it in safe place. This cultivates the habit of saving as well not allowing you to spend too much.

2007-01-20 11:09:47 · answer #1 · answered by sachintel 2 · 0 0

No. You cannot save unless you try to live within your means. Because as told by C.Northcote Parkinson "Expenditure will rise to meet the income".

2007-01-18 08:49:32 · answer #2 · answered by Brahmanyan 5 · 0 0

excessive spending ,poor money management or your lying

2007-01-18 08:47:51 · answer #3 · answered by Anonymous · 0 0

35,000 pesos or euros or what...makes a difference

2007-01-18 08:50:44 · answer #4 · answered by AAed 3 · 0 0

habits!. spending habits. i can help.

2007-01-18 08:45:59 · answer #5 · answered by Anonymous · 0 0

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