Hello readers! In the previous post we had a brief discussion about some tricks you can use to avoid being a bankrupt. In this post we will discuss some more helpful ways for you…hope you will like it.
1. Whenever you go out for shopping, do some researches regarding items & their prices which you willing to buy. It has 2 reasons, a) May be you can find another better option & can go with it. B) With some more research you can judge an item which you thought you needed but actually its not that much essential, by that calculation you may go for a practical purchase every time & save your money.
2. Whenever you go out for shopping, try not to bring your personal credit & debit cards along with you. Try to carry an amount of cash which is according to your monthly budget. By that way you will always control your budget & keeping on shopping smartly.
3. Always check your bank a/c statements periodically. Try to avail e-banking service by which you can verify your balance daily so that you don’t overdraw cash you don't need. If you can, try to transfer your personal a/c’s high balances to you other card which has a lower interest charges.
4. When you decides to borrow money from a lender, make sure you select the lender or financial service provider who offers you the best interest rates in the market. Other companies might give you some attractive spot offers, but remember it will only increase your debt in a long term basis.
