Share how you save money every month

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third.i.fina...

How do you save money ??

Do you invest money every month ? Where do you invest money ?? Bank FD or RD or stocks or mutual funds or any other ?? 

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Tax Wizard Tax Wizard
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I invest 30000 per month in mutual funds. Rest amount goes back to my business . 

Hunk Hunk
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27k/month mutual funds.

5k stock smallcase.

3k/month ppf.

2k/month RD for small situations without touching my main investments. (like I want to buy a new phone)

10k/month emergency fund bank account.(liquid)

I save money by not spending it on stuff I don't need.
I am not into buying costly clothes.
I do not buy a new costly phone everytime a new one comes out.
I will buy a products that I can use for a long time and do not put money on cheap stuff that needs to be replaced every other year.

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Deal Cadet Deal Cadet
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By tracking expanses everyday, it helped me reduce my expanses by more than 50 percent. The automatic millionaire is really lovely book about money management. "A penny saved is a penny earned". 

Generous Generous
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I save money by not spending on unwanted stuff. 


Helpful Helpful
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2k rd

Occassional stock investment

And insurance

Post Tycoon Post Tycoon
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8.5k on NPS

3k on GLI(Insurance cum Profit)

3k on PLI

10k on RD(type)

Tax Wizard Tax Wizard
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You mean NPS ?? Can you explain your GLI scheme and Postal life insurance scheme ?? The payment terms part ...
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Benevolent Benevolent
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We Spend Only In Needy For Future Happiness.


No Spends For Tongue 👅 Satisfaction (Outside Snacks, Tea, Coffee Etc)


No Spends For Mind And Body Satisfaction (Costly Clothes, New Mobile , Alcohol, Any Costly Machines That Saves Time Etc)


No Unnecessary Spends For Eye Satisfaction ( No To Tourism, Yearly 1 Time Movie Theatre Etc) But We Spend Money For Temple Visit.


Daily Do Surya Namaskar For All Organs + Muscles In Body Will be Fit And For Brain Fit Pranayam Or Meditate Helps Us To Save Medical Expenses

Tax Wizard Tax Wizard
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Daily Do Surya Namaskar For All Organs + Muscles In Body Will be Fit And
For Brain Fit Pranayam Or Meditate Helps Us To Save Medical Expenses

--- Hats off to you brother ! A stitch in time saves nine. 
Finance Mentor Finance Mentor
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2500 rs stock investment every week. 

I Don't cut expenses.i buy all which are needed. But don't spend on items which I don't need even if huge offer is on. 

Deal Cadet Deal Cadet
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90K every month in FD, in Jan-Feb invest in PPF or ELSS (around 90K). 

Tax Wizard Tax Wizard
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How does your FD workout compared to ELSS and PPF ?? 
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Helpful Helpful
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im using a padosi ka wifi with tplink extender on terrace  and a 20 meter cat-6 cable to my room, where im using 2  smart tvs, 5-6 smart fones, one laptop, connection is 100Mbps on fiber.

Helpful Helpful
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using since 2014

Helpful Helpful
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my friend kept 295 grams on gold in muthoot and took loan of same amount, now that amount he gives on 14% interst. overall he is making 2.5-3 lakh a year after paying interest to muthoot

Tax Wizard Tax Wizard
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haha ... what about the risk in private lending ??
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