Thursday, April 1, 2010

Here Comes D salary

Here comes d salary,here comes d salary yipeee!!!!,the last working day of the month in the organization is very important for the employee.Everyone is happy as they get salary on that day,but the thing is that "Till when this happiness going to last?" A day two or 15 at maximum.Its not about handling your money with too much of conscience,its about playing with money.Liquidity is the right word for monetary policies of an individual,so one should always think of investments and returns.The success of an individual merely depends upon how u play with money?"One major formula is the inflow/returns should always be more then inflow/expenditure.Other aspect of money spending is that one should always invest/spend money @ right time and for right thing.The sequence of steps that u need to follow are available on various websites regarding how to spend money more wisely?.Apart from the points that are mentioned already on internet,i would like to draw your attention to the following:
The day ur salary gets credited to ur account:
1.Prepare a budget for ur expediture
2.Comply with budget.
3.Go for some invesment plans or else trading.
4.Save a pinch of money if possible every month.
5.Prioritize your expenditure.
6.Get ur Debts clear ASAP.
7.Plan for your emergency.
8.stay away from creditors.

Go for the above steps and see the sweetness and satisfaction that money brings to you.

1 comment:

  1. yaar i never thought of you as u stated here...but still i like yours ideas. We really need to tought about it...
    haan....you really don't need to worry about it coz you are better in saving money then others.

    ReplyDelete