Tmpact of Gst on Common man 10 Money Saving Tips

Tmpact of Gst on Common man 10 Money Saving Tips 
Learning to save money, especially finding ways to do it quickly, is something that can benefit anyone. There are many good reasons to start saving money. Whatever your reason may be, there are a lot of ways to save money. 

10 Money Saving Tips For A Common Man
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1) Track your spending and create a budget
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Tracking your spending is the very best way to identify areas where you can save money. All you need to do is track your spending for one month and this will give you a good idea of where your money is going. Once you've identified where you're spending your money and you see areas where you can reduce spending, you can set a reasonable budget and then stick to it. This is a simple thing to do and it's a very effective way of controlling your spending. 

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2) Pay off youdisadvantages of gstr debt

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If you're carrying a credit card debt, you are wasting money. As difficult as it may be, your top priority should be to pay off your debt and free yourself from those high interest rates. Hopefully, some of the other tips on this list will help you retain more of your cash that you can then use toward conquering your debts.
3) Automate savings transfers each payday
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If you can't seem to create a habit of saving, scheduling automatic transfers to your savings account can be a huge help. When you have a certain amount of your paycheck automatically transferred to your savings account each payday, there is less temptation to spend it and you can easily watch your account balance grow overtime.
4) Negotiate your bills
While some of your bills may be non-negotiable, you may have some wiggle room with others. For example, you may be able to find a better deal on your car insurance or your cell phone service. Doing some research to find better rates can take a little bit of your time but it can be time well spent, if it helps you save money.
5) Go cash only
Put your credit cards away and then take out a limited amount of money from your checking account, enough to last you for a few weeks. Basically, you withdraw a limited amount and then watch it shrink. Since, we are more motivated by loss than by gain, each rupee you physically spend will force you to spend consciously. 
6) Make a grocery list
Making a grocery list before you head out, will quickly save you tons of money. This will ensure that you end up buying only what you need and that you don't fall victim to any impulse purchases. Write down everything you need for the week. The less times you go shopping, the less likely you'll be to pick up something you really don't need. This way you won't spend time wandering around picking up things that look appealing. 

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7) Quit your bad habits
For most people, it's not easy to quit smoking, drinking, using drugs or overeating. But these habits are costing you more than just the price of your vice. Quitting destructive habits will improve your health, lower your insurance premiums and save you a surprising amount of money.
8) Buy something new only when you need that. If you tend to buy things only because they are on sale, it is time to stop this habit, if you want to save money.

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9)Turn trash into cash
Another way to bring in more money is by selling things you no longer need.
10) Stop paying for convenience
People are paying ₹50 for a cup of coffee at a local cafe rather than brew an entire pot of coffee at home for a few pennies. Taking a little extra time out of your day to make your own food, brew your own coffee or clean and repair things around the house can grow your bank account rather quickly.

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What do you think? What are some other good ways to save money? Let us know in the comments below. If you enjoyed this article, give it a thumbs up and share it with your friends. For more articles like this, hit the follow button.

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