5 Fun Ways To Save Money
The Finapolis|September 2016

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

Sukanta Kundu
5 Fun Ways To Save Money

It is always a good thing to find ways to save your hard-earned money, isn’t it? Sometimes, we miss a few simple ways of making ‘small savings’ that accumulate into ‘fat savings’ by the time the earth completes its revolution around the sun!

If you told somebody that you do not watch television to save money, the person would think there is something wrong with you. The same would happen if you told your friends that you had decided to quit your bad habits (smoking, excessive drinking, etc.) to save money. They would laugh at you. But don’t think about what other people say – after all, they are not you. Once you decide to save money, all you need is a little courage and patience, and you are on your way! Here are some handy ploys to save your hard-earned cash:

Stop watching TV

You might think this is a bad idea, as not watching TV would cut you off from the happenings in the world. But watching television can cost you, either directly or indirectly. Firstly, by not watching TV, you save on your electricity bill; secondly, not seeing advertisements prevents you from impulse purchases; thirdly, you can save on your cable bills; fourthly, you will get spare time to undertake creative or knowledge-gaining activities, and improve your earnings.

If you are not able to stop watching the ‘idiot box,’ at least minimise the time you spend in front of it. One more thing, watching TV for longer time periods affects the health, making you a ‘couch potato’. You then have to spend money on gymnasium memberships or medical bills.

This story is from the September 2016 edition of The Finapolis.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the September 2016 edition of The Finapolis.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE FINAPOLISView All
7 Ways to Prevent Text Neck
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-read
3 mins  |
September 2016
How To Take Your Networking To Next Level
The Finapolis

How To Take Your Networking To Next Level

Networking is one of the best ways to use your time

time-read
4 mins  |
September 2016
5 Fun Ways To Save Money
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-read
4 mins  |
September 2016
In Search of Higher Returns Amid Falling Rates
The Finapolis

In Search of Higher Returns Amid Falling Rates

As Bank Deposit Rates Fall, Even Conservative Investors Are Switching Assets. Where Can They Go? 

time-read
5 mins  |
December 2016
National Savings Certificates Help as Interest Rates Fall
The Finapolis

National Savings Certificates Help as Interest Rates Fall

National Savings Certificates (NSCs) have been among the most popular tax-saving options for ages. In spite of the advent of market-linked investment products such as equity-linked savings schemes (ELSS), the certificates have retained their charm for certain sections of society. In this column, let us discuss the various facets of this special instrument of investment.

time-read
3 mins  |
December 2016
What Drives Us to Invest?
The Finapolis

What Drives Us to Invest?

I had made the journey from economics to finance. As part of Keynesian economics, we were taught about the three motives to hold money: the transactions motive, the precautionary motive and the speculative motive; all through my teaching career that remained part of my Keynesian economics. But two decades, later when I immersed myself into the world of investment, I had to develop my own tools to understand the new discipline and make my investors understand the working of their own minds. One night as lay turning on my back, poring over the day’s happenings, suddenly I made a strong connection between what I had studied years back and the problem I was grappling with now: the motives.

time-read
4 mins  |
December 2016
Ask 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-read
9 mins  |
June 2017
Input Tax Credit To Benefit End-customer
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-read
4 mins  |
June 2017
Will GST Really Spike Up Your Bills?
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-read
4 mins  |
June 2017
The Bull Run Is Here To Stay
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-read
4 mins  |
June 2017