Top 5 ways to save money
many people storing money for lifetime making buildings and doing other things but still they look alike poor people because you should save money not by losing your life standard but but making strategies.by using these these below five techniques you can save over fifteen percent of your monthly income and these ways are very helpful for employees .the very last strategy of saving money is Japanese strategy which was introduced in 1904 and japanese people are using this method to save 15 to 30 percent of their monthly income so focus more on Japanese way if you think these four above methods are not actionable.
1.think where to spend money:
you should have a proper plan where to spend income properly so that you will buy things which are necessary and avoid all temporary products to buy,many people buy useless but expensive products when they see that their price decreases immediately so you have to not buy such a thing if you are interested in saving money .
2. Create a gap between needs and wishes :
if you go outside home to have a meal two or three times a month ,now try to decrease it to one time a month and ,if are going for shopping twice a week ,now you should go for shopping once a month or twice .if you do so you will get two benifits .one is money saving and another is fullfilling wishes.If you get success in doing this ,we hope you will be saving money soon .
3. don't collect rather invest:
if you have extra money after fullfilling your needs ,you should invest that money i.e buy a piece of land because price of these things are increasing gradually so this is one type of business too so focus on investing money in halal business to get profitt for lifetime.many people destroys their money because they stores their money in a bank and with the passage of time the value of their money decrease and just lost for such type of people so never do such a mistake.
4. Buy in bulk to save money :
this is a unique method if you want to save money . Buy all household items together for month so that by doing this you can save enough amount of money because if you buy all these items separately,you cannot save any money because individually you will not get any decrement in purchasing item .
5. Japanese way to save money "kakeibo" :
now lets talk about the best way to save income with two types of benifits together. In this Japanese technique Japanese people make four Categories ,the first one they named as 'survival' where they put those items which are basic necessities of life like food ,medical . The second category they named as 'optional'.in this category they used such things which are not necessary for life but human enjoy them like shopping,having meal outside home ,and much more .the third category is known as 'Culture' where playing games , reading books and other cultural things are included.the fourth one is 'Extra' they spend it on gifts other extra financial things .they make four envelopes and put the specific amount of money in each envelope.Now they separate some money and save that in bank and spend the specified money from every envelope according to their need.
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