Check recipes on YouTube and cook great dishes at an unimaginably low cost.
Save and invest 25% of earnings every month if possible.
Check out the annual results of public companies, see news during those days, invest in the company with best results and good growth rate and forget for at least 5 years.
EMI of home loan must not be more than 30% of your combined family income.
Shop less but shop good, good quality accessories like clothes and shoes have an excellent life.
Keep your belongings with love and care, give adequate maintenance, so that they can love you back for a longer period.
Talk to colleagues or neighbors, create a car pool or bike pool if possible. It saves money and helps in socializing.
Keep your credit card with love, don’t let it be swiped by any ruthless machine, use debit card for that purpose.
Put your gym fees in a pension plan so that you can stay fit when you need the most, in the meanwhile brisk walking, jogging and exercising will sail your boat quite well. (No offence to gym lovers, this point is for people who repeatedly buy gym memberships and stop going after a week)
Set an alarm, switch off your AC at 4 am in night, you don’t need it after that. Also use a combination of fan and low power AC.
Keep your family happy so that they don’t always look towards monetary sources of happiness.
Delay non-compulsory expenses.
Create an emergency fund, a Recurring Deposit maybe, keep adding money every month and forget until you face an emergency.
Keep a packet of biscuits / cookies handy everywhere you go, and a water bottle if possible.
Invest in a medium range good phone, which has a stable life and can keep you happy and entertained.
See a doctor in time, so that you end up saving money
Medical insurance is a burden, so are unforeseen accidents and sickness.
Pack one home cooked meal when going on an outstation trip, to get at least one free meal.
Seasonal fruits are healthy as well as cheap, wait for the right season, don’t pay for cold storage.
Allocate expenses and fix a monthly budget to avoid unnecessary wastage.
Promote self studies since a young age to avoid heavy tuition fees for your children later on.
Teach your children management by letting them manage their expenses from a limited sum every month. This will also promote saving.
Invest, save and then spend. Fix this sequence.
Save for equipment, vehicles and accessories, this not only saves you from paying interest but delays expenses.
Don’t put your children in the best school, put them in a good school, to save comparisons and envy with rich kids and avoid looting conducted by school management.
Go to a cinema hall with a full stomach, so that you come out with full pockets.
Plan all leisure activities and holidays in advance, to get discounts and save accordingly.
Window shopping creates unneeded desires, find other ways of passing free time.
Create a bouquet of investments, a combination of high risk and low risk.
Compare your life with your own past and future, instead of comparing it with others and envying their possessions.
