8 Money Saving Tips for Teenagers from Their Grandparents


2. Don’t Throw Anything, Rather Use It

Most of us tend to buy products that are newly launched in the market. Due, to this it has become very difficult to keep our desires under control.

Infact, never get carried away by the advertisements that gives fake promises to the consumers at times. Change of product should only depend on your personal decisions, not because you’re asked to like it.

For instance, if you have bought a perfume a month ago, if you didn’t like it use it sometimes as your room freshener and finish it before you buy another brand.

3. Wear it out

People tend to buy mobile phone more often. Even if there is no necessity, they get tempted to buy the model that is newly released in the market. This is an unnecessary expenditure.

It is very important to realize that mobile phone is just a tool for communication. Buying an expensive phone every 3 months would be a waste of money. Rather use the same money in investing in mutual funds or buying an insurance policy.

Also Read:

Why India Is Loosing FDI Investments?

10 Countries with Highest Income Tax Rates