4 Clever Ways to Save Money

How To Link Aadhar Card With Kotak Bank

Get your free Credit report that cost  Rs 1200 for FREE

1. Build your Credit Score

2. Reduce your Current Borrowing / EMI Costs

Most of us tend to pay all our bills at the end of the month. During this time, expenses may seem to mount up rather quickly. Your bank account takes a hit. Perhaps you, like so many others, think what you can do to cut your expenses? Is there any smart way to minimize wastage?

In this article, we are going to show you what to do.

  1. Slash away your wireless service: If you don’t have a contract locked in with a nation-wide carrier company like Vi and Reliance Jio, you can always consider going for a cheaper plan. You may want to look at your data usage as well. Do you ever use that much net data and talk time? If not, you are probably wasting the pack. Just downgrade a bit till you find exactly what you need. When the time comes to upgrade your mobile phone, think hard if you really need an expensive set. If you don’t, go cheaper. You don’t have to buy luxury items to get adequate features.

  2. Throw your landline out of the window: Almost everyone has a cell phone nowadays. Households are increasingly cutting off their landline connections for good because they just do not use them anymore. People’s lives now practically revolve around their cell phones. Some have more than one handset. Let’s face the reality: times change. If you don’t use your landline either, ditch the connection for good. You’ll save money by doing this.

  3. Cut the cable connection: Your cable connection costs a lot. Do you really need it? Do you have time to watch TV anymore? When was the last time you did so, and for how long? If you don’t watch TV a lot anymore, why not remove the connection for good? Instead, you can take NetFlix, Amazon Prime and the like. You can thus watch all the movies and TV shows you like at a fraction of the cost!

  4. Cut down your electricity bill: Did you know that some machines and instruments in your home are “energy vampires”? This means that even when they remain dormant, they keep sucking up electricity. These include coffee makers, TV satellite boxes, DVD players and more. Just by unplugging these you can save 20% of your electricity bills.

It is always prudent to see where and how you can save money. Stop wasting your hard-earned money, cut out unnecessary expenses and save money!

Get your invite to mymoneykarma

Credit Score powered by
Equifax Free Credit Score®