Monday, October 26, 2009
Saturday, September 5, 2009
So to manage money, follow the steps provided in this link and save more money and become debt-free.
It is always better for you to start planning for your retirement at the right age to have sufficient time to build up your retirement fund to easily live your retirement life.
Click on the link to see more benefits to plan your retirement at the right age. Also check the various investment options you have to invest your money.
Tuesday, August 25, 2009
Now its allotment status is out on the registrar site, Karvy. You can directly go to http://www.karvy.com/ipoStatus to check the status of NHPC shares allotment by giving your Application ID. You will get the status of allotment of shares.
If you do not know the Application ID, login to your demat account and check in your order book of IPO section to know your Application ID.
Wednesday, August 12, 2009
Sunday, July 26, 2009
Monday, July 20, 2009
These are some of the basics of money management, click here to get some effective tips to save money. From the link provided, you can know more about money management and savings tips. You can also download some books and softwares to help you manage your money more effectively and in an organized manner.
Wednesday, April 1, 2009
Managing your own expenses sound very simple or you may have got several advices and most of the persons thinks he/she is good in managing their expenses but what happens is they do not consider what is going in the market, how are the conditions in the country or globally. These scenarios can also affect you, like in the current case of recession or when oil prices fluctuates from $70 to $150 and then again to less than $40. So if you will plan your expenses by considering the ongoing trends, it will help you in case some unexpected happens.
Someone may lose his/her job, may be you were planning to sell some of your property or investment in equity market to have some extra cash or to meet some unavoidable expenses but suddenly you found property prices started falling steeply and the market is behaving quite badly. So it is always better to check the current market trend, and control and manage your personal expenses to have some extra cash in your bank account. Also make a habit to invest some part of your savings in some plans/instruments which offers guaranteed returns.
Now what happens is most of us thinks that we do not spend on un-necessary things, so how we can reduce our expenses. But there are various ways in which we can save some significant amount of money. Do not spend much on outings, reduce your dinner outings, and prepare food at home. You can reduce your long drives that are meant for fun only. Reduce time of outgoing calls to your friends, talk to the point. You can also change your mobile postpaid plans as per your current needs.
Shop less and buy only what you really need, do not buy un-necessary items. Buy limited clothes and jewellery. Always search on internet before shopping to know what all offers are there in the market and from where you can get that product/service with better prices.
Suppose if you go to office in your car, and if you have some of your colleagues from the same or near-by area, you can go with option of car-pooling. It will save your fuel cost to some extent and also the maintenance cost of your car will be reduced. Switch on less number of lights in the day time, better to open windows, you will get fresh air and light and also will save on electricity bill cost and this habit should be used in general also, as it saves the environment too from getting polluted.
If you are living in a rented flat or apartment, then do not rent a lavish apartment, get a smaller one as per your needs and not as per your guests needs. After all it is your money that will be saved and can be used during hard times. So if you will peep inside your expenses, you may get some more loop-holes and extra ways to reduce the expenses and live a happy and consistent life forever.