Money saving tips for family man

R.RAVI By R.RAVI, 7th Jul 2012 | Follow this author | RSS Feed
Posted in Wikinut>Money>Money Saving Tips

A proverb says “Money saved is the money earned”. So we have to save our money which increases our income. I am giving a practical money saving tips for your use.

Money saving tips

Every body in the world wants to earn and enjoy good money. But most of the peoples couldn’t know how to save money for future.
I am giving here some money saving tips for a common middle class family man.
Always try to save 25 % of your earnings. First try to satisfy you that you have not earned that 25 percent money. Then only you are able to save money.
Invest five percent of your savings in Bank or post office as a recurring deposit. This is a secure way of saving. Save five percent in gold. Now you have balance fifteen percent of money. Invest five percent in mutual funds in the systematic investment plan. In the remaining balance ten percent of money we can take risk and in invest in stock market. Buy good blue chip shares for five percent and play intraday for remaining five percent. If you follow this tips constantly you can earn very good money in future.


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Meet the author

author avatar R.RAVI
Hello I am ravi from India writing in the name of padswe1970.I wrote in many websites like squidoo,,zujava and in blogs.

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author avatar A K Rao
8th Jul 2012 (#)

Interesting article about the savings dear Ravi ! Yes in India Post Office Recurrung Deposit Scheme is quite good! It demands a mandatory savings! Thanks !

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