Four Things When Money is Problem

Where do I Spend Money?Although in our society, it seems illogical to tell where to spend money in a context where inflation is always going high to higher. 

But in case your have money, but can’t prioritize and decide how to spend it, here are four things to consider.

 1- Come up with a budget:

Prepare a proper budget of your income and expenses and follow your track. Use credit card t get the record of your expanses and if it is not possible then take a note book with you to note all the record of your expanses.

 2- Avoid impulse buying:

Before purchasing any thing, ask some question with yourself and answer the honestly.

1-Do I need it?

2-Will I use it?

3-Is this lowest price?

4- Does it valuable for me?

3- Shop around regularly for utilities and insurance:

Buy things from the shop which u think it provides counts on customers sticking with the service simpler than shopping for another on regular. Purchase the reliable things which will be work for a long time without any disturbance.

4- Research about prices before buying:

Don’t purchase anything more than 20,000 rupees without conducting some research first. More expansive items research you will want to conduct more. Research from some reputable places where you trust.

About the author

Mohsin Mughal

Mohsin Mughal is a graduation student based in Lahore Pakistan. He has interest in current affairs, social issues and politics.

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