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Five really obvious ways to save money better than you did
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[QUOTE="arunima25, post: 273514, member: 30475"] Saving is more about inner discipline and a habit than an external imposition. This habit has to be inculcated right from an young age. If one fails to do that at right time, it gets challenging to develop it later. Parents have to live that and pass it onto the children being an example. One needs to develop a respect for the belongings and take good care of it. Else you end up buying more. Judiciously use your resources and keep a bucket aside for savings. The points that you have mentioned are valid ones. Financial planning and budgeting are important to stay focused and even more important is the determination to stick to it. People plan a lot but then it doesn't work well because they fail to execute ot in the right way. Having different buckets while planning your finance is very helpful. You are sorted out with your priorities and your capacity to stretch. Besides the different buckets that one sets for saving, a bucket aside for emergency is a must. You never know when an unexpected emergency might come in your way. It's a big mess if you are not financially prepared for it. Every wise person advices to keep aside some savings for rainy days. [/QUOTE]
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Five really obvious ways to save money better than you did
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