Skip to main content

Saving plays main role in getting rich

Mostly, people believe that they will become rich when they start earning more and this is biggest mistake which most of us do. No person in this world can become rich unless, he understands advantage of saving money. Mostly, when we get money then we get lured to spend it and mostly, high earners top list of spenders; therefore, many times these high earners have fewer saving as compared to people earning much less than them.

Saving is an art in front of us to increase our wealth and simultaneously secure our future. It is important for every earning person to save at least 20% of his earning and invest it wisely. When we save money and invest it regularly then soon we have enough money to fulfil numbers of our dreams like buying a good house, dream education for children etc.

However, generally people do not give much importance to saving money and their savings remain less than 5% of their earning in general. Today, we live in a materialistic world where we can find millions of attractive products in shops and we always get tempted to buy them. From governments to industrial sector everybody lure us to spend more because in this way they see increase in economy; however, it is important for common people to understand that it’s their saved money which helps in difficult times. Saving does not imply that we should stop buying everything; however, it just tells that we should save first and then spend remaining money wisely.

Comments

Popular posts from this blog

Benefit of Adding Fastag to the Vehicle (Paytm Fastag)

  Today, India is progressing in every field and we are seeing many new improvements coming to our lives. One such improvement is mandatory to use of fastag on all vehicles in India. With this change, we can see the saving of time of commuters and saving of valuable fuel. As per the Indian transport minister, with the use of fastag on vehicles, we can hope to see a saving of Rs 20,000 crore. I hope that it will improve the management of vehicles on the various toll plazas. I have many bad experiences on various toll plazas due to manual operation and high rush.  Already, toll collectors and people are finding this scheme of fastag very helpful. I have already installed fastag on my both vehicles two years back. So far, Paytm fastag is the most used fastag in India because it is linked to the Paytm wallet which makes it easy to add cash and make payments. I am also using Paytm Fastag on one of my main vehicles and my experience is very smooth with it. It is very easy to buy Paytm Fasta

Narendra Modi sworn in as CM of Gujarat for third time (Also watch)

Today, it was double celebration for BJP as first it was the birthday of formal Prime Minister of India and senior BJP leader Atal Bihari Vajpayee and second Narendra Modi sworn in as CM of Gujarat for the third time. This whole ceremony took place at Sardar Patel Stadium in the heart of Ahmadabad. This oath taking ceremony is attended by number of senior BJP leaders like LK Advani, Venkaiah Naidu, Arun Jaitley and lakhs of Modi supporters and BJP workers. Narendra Modi won the Gujarat election battle by getting a huge majority of 117 seats in recently held Gujarat election. This time Narendra Modi is believed to be emerged as stronger leader and there are many chances that his influence will also increase in the national politics too. So far, Narendra Modi has shown his commitment for the growth of Gujarat and he wants to celebrate the golden jubilee celebration of Gujarat with full enthusiasm in 2010. People of Gujarat have shown lot of trust on the Narendra Modi and therefore, we ca

11 Deaths from Swine Flu

Number of deaths from Swine Flu has increased to 11 in India and there are estimates that these numbers can increase further. Swine Flu cases are also coming from other parts of India from Jammu and Kashmir to Kerala. So far condition is under control and government is also planning to allow private hospitals to conduct test for Swine Flu and treat Swine Flu patients; however, Swine Flu tests will cost around Rs 25000 in private hospitals and people will required to buy a strip of Tamiflu tablet for Rs 4000. Therefore, most of people definitely like to treat themselves in Govt Hospital because they are treating people for free. Govt of India is stockpiling Tamiflu tablet for any emergency condition, Govt has already sending Tamilu tablets to all district headquarters. People are advised to avoid public gatherings and use all precautions to avoid this flu because prevention is better than cure. Also visit- Swine Flu symptoms and precautions What is Swine Flu (Influenza)? Why it is da

Abhishek Bachan’s 32nd birthday update

Yesterday, Abhishek Bachan celebrated his 32nd birthday in Jaipur. Complete Bachan family and their friend Amar Singh reached Jaipur for celebrating the birthday of Abhishek Bachan. Amitab Bachan specially reached here from Shimla where he was suiting for a film and Aishwarya and Jaya Bachan reached here from Mumbai with Amar Singh. Main reason behind choosing Jaipur for celebrating the birthday of Abhishek Bachan was presence of abhishek in Jaipur due to the shooting his forthcoming film. This birthday of Abhishek Bachan also became very important because it was first birthday of Abhishek Bachan after his marriage with Aishwarya Rai. Ealier, Bachan family also celebrated the birthday of their Bahu Aishwarya with full enthusiasm. Bachan family and friends stayed in Rambagh Palace Hotel for celebrating this occasion. Family was already not in mood of any big celebration on this day due to the recent death of Abhishek bachan’s grandmother. However, this occasion become even more silent

A new 15 year old Buddha

In Nepal, a new Buddha is in making. Recently a person called Ram Bahadur Bomjon from Nepal has been fasting and meditating for the last six months beneath a tree. In him, people are seeing a new Buddha. This incident has happened in the Bara district of Nepal. Thousands of pilgrims have started visiting this place. There is news that Ram has not broken his fast  even a single time .  For the last six months, he has not moved, even to relieve himself. His place is not much away from the place where the original Buddha had done his meditation. According to Ram, he does this meditation because a snake has beaten him. He is also asking people for not saying him Buddha because he is telling that he is not having the powers like Buddha.. kgw. arvindkatoch1 Read - 15-year-old Buddha to controversial Figure