I have been reading most of the articles and have read on financial planning/investing. I would I like to through light on one more important aspect in life i.e. "SAVING". This article might hurt some industries but at the end we are the people who might be in trouble in case of any market crash or recession.
So here goes:
SET goals and KEEP to a budget.
CLEAR your credit card debt.
MAKE a shopping list when you shop for groceries(and STICK to it).
LEARN to distinguish between "wants" and "needs".
RENT movies instead of going to the cinema.
BRING your own lunch to work-it might be boring, but it’ll save you few bucks every day.
OPEN separate current and savings accounts.
If you have a salary account and incase you change the company, keep it as it is a Zero balance account. In the long run you will be benefitted(i.e. no QAB charges).
SHOP smart-RESEARCH prices, stores and sales.
TRAVEL within the budget.
Friends please add your suggestion to this list as it will help me and most of us.