Cordially Yours

If you want to be rich and if you seek advice from others, you will be told that you you should earn more, must spend less than what you earn and save money. But you may say that this is difficult because the question of increasing your income is ruled out. You will continue in the same vein and add that cutting on your expenses may also be a tall order, thanks to the relentless rise in the prices of all the commodities. It is in this context you are advised to use the following tips. They are certainly worth the effort. 1. Push yourself and try to exceed your normal capabilities You may like to lead a comfortable life and may not like put in a lot of hard work. But this mentality will not make you rich. Only if you are prepared to push yourself and exceed your normal capabilities and only if you are ready to face uncertainties, you can taste success. Experts advise that you must do at least five uncomfortable things daily. This will help you in building your physical and ...

Many people, especially young people, do not realize the importance of saving money . These people are of the opinion that they should spend whatever they earn and enjoy life. But, at a later date, when they need money, they may not have it and so, they may lament that they have committed a mistake by not bestowing enough attention on this aspect. If you also have such an attitude towards saving money, the following few points and reasons will show you why you should save money. - You should save money mainly for meeting unexpected expenses. Life may suddenly throw surprises and shocks. So, you can not assume that your life will always be smooth. You may suddenly need money and if you do not have it, you may have to borrow from others or look for some other source. It may be embarrassing for you to request some one to help you with funds. Instead of facing such a situation, it is better to make regular savings so that the money will be useful for such situations. - Another reason...

It is true that the economic downturn has been causing severe hardships to many people. People are finding it difficult to make both ends meet. You may also face problems in managing your personal finances. You need not lose heart because you can certainly find ways to save money . But, for doing this, you should use your creativity and should be disciplined also. Let us discuss a few ideas. - Whenever you decide to purchase certain items or services, you should look for the best deals. For example, if you want to get your car or house insured, you should compare the features and costs of the various insurance options available and choose the one that not only suits your needs perfectly but that comes at the most affordable cost. You can follow the same strategy for all your purchases. If you do not adopt this strategy and continue with your old methods, you may end up spending more than necessary and so, you may not be able to make any savings. So, you should immediately change y...