Essayer OR - Gratuit

How Not to Punch A Hole in Your Wallet

The Finapolis

|

November 2017

Calculate how much of a wasteful expenditure most people, you and I including, indulge in. Let’s understand how to avoid that and afford travel expenditure

- A. Saye Sekhar

How Not to Punch A Hole in Your Wallet

If you believe that journey is your destination, you must travel. And, it doesn’t come cheap. It’s a costly hobby. But you cannot avoid that. Rather, one should not avoid travel. Travel within the country and travel abroad to widen your horizons and enhance knowledge.

The Leave Travel Allowances given by your paymasters are a pittance. They don’t match your expenditure, if you want to quench your thirst for travel in its real sense.

Here are a few tips that can enable you to afford a travel. When you are nurturing a travel ambition, please don’t pursue an EMI option or a loan for travel. They are low-hanging fruits. Maybe, more often than not they are easily accessible. But the huge burden they cast on your expenses even out your expenditure for essentials and emergencies and you will be left with none.

So, better plan your travel much ahead and always. Follow these few tips to have an enjoyable travel that doesn’t pinch your picket. Cut down on expenditure. Save every pie that you can. When you read the tips, you would realise how much of a wasteful expenditure most people, you and I including, indulge in.

Estimate the expenditure

Understand the ballpark estimate of the place(s) you propose to visit. It has three immediate allied points you need to figure out: With whom, how long and when.

Let’s dig in to the three points first.

PLUS D'HISTOIRES DE The Finapolis

The Finapolis

The Finapolis

7 Ways to Prevent Text Neck

Our head is heavier at an angle than it is at a neutral position. That means our increasing usage of smartphones for reading, texting, etc is putting undue pressure on our spine

time to read

3 mins

September 2016

The Finapolis

The Finapolis

How To Take Your Networking To Next Level

Networking is one of the best ways to use your time

time to read

4 mins

September 2016

The Finapolis

The Finapolis

5 Fun Ways To Save Money

There are several simple ways to reduce spending and rack up more cash. Sukanta Kundu lists some interesting ones.

time to read

4 mins

September 2016

The Finapolis

The Finapolis

Ask The Finapolis

Col. Sanjeev Govila (retd) of Hum Fauji Investments answers readers’ queries on investments, taxation and personal finance. Do you have a question you want answered? Email your question to feedback@thefinapolis.com

time to read

9 mins

June 2017

The Finapolis

The Finapolis

Input Tax Credit To Benefit End-customer

Looking at the scale of India, it is reasonable to expect 3-5 years for the system to stabilize

time to read

4 mins

June 2017

The Finapolis

The Finapolis

Will GST Really Spike Up Your Bills?

As goods and service providers can claim input tax credit, your net tax bill will reduce say experts

time to read

4 mins

June 2017

The Finapolis

The Finapolis

The Bull Run Is Here To Stay

Karvy Finapolis’ event —“Is this the mother of all bull runs?” — evoked a thunderous response from investing public recently in Hyderabad.

time to read

4 mins

June 2017

The Finapolis

The Finapolis

Adhil Shetty's Column

Time to close that FD; here are better options

time to read

4 mins

June 2017

The Finapolis

The Finapolis

The 17 Mistakes To Avoid While Investing In 2017

Keep these points in mind to rake in the moolah from the markets this year.

time to read

6 mins

February 2017

The Finapolis

The Finapolis

FM Needs To Find His Focus

The finance minister needs to reboot an economy stalled by demonetisation when he delivers the combined Union and Railway Budget.

time to read

4 mins

February 2017

Translate

Share

-
+

Change font size