10 Ways To Build A Stable And Strong Finance In 2014
5. Keep motivating yourself
Lure yourself! It might sound funny but this really works. If you think you have a trouble sticking to your own budget every month, then you might just need more incentive. Gift yourself with small rewards if you keep to your goals each month.
For instance, treat yourself with a chocolate or anything that you like as a reward for saving around full 10 percent of your salary for that particular month. Don’t spend much on these rewards as this is just a symbol of your success. Once habituated then you will continue this tradition every month, this is nothing but saving with fun.
6. Insurance Policies
Taking insurance policies can help you in many ways. There are different kinds of insurance that can be taken, for instance, life insurance policy, automobile insurance, and more. When you take a life insurance you pay a small amount of money from your salary every quarter or every month per year, this money is saved by the insurance company and given back to you as a lump sum amount after a certain period. This might also cover your medical and family expenses sometimes. If your car is damaged in an accident and if you have taken an automobile insurance for it, all the expenses of damage will be taken care of by the insurance company, thus in this way you save a lot of money.
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