Wednesday, October 19, 2011

How to Fight inflation : 2



Continue..................

4 } Stop waste of money : 
There are many things which we buy without intend to use it also. which just attract you and you feel that you can fit it some were but turned up in to just adding on the unwanted items.
normally it happens with me also when i go to malls. so in this time it is important to note down what we want to buy & stick to that list.

5} Car pooling :
This is a option which you can look in to reducing your expenses. There are few car pooling options available in some cities. you can exercise this option to commute to office daily .


6 } Investments :
Don't sit on the investments which are not performing take a review of the situations and come out of the investments which are continuously under-performing. Don't keep out any amount idle, try to use every single rupee to yield you the returns. 

7 } Be ready to encash long term investment opportunities :
Normally it happens with every body that we keep on putting hard on the things which are out of our control & may miss the opportunities. 
This is a turbulent time for the economy as a whole , all companies are under pressure the market attractive for investments with long term perceptive. take this opportunity to invest it on long term goals wisely. your today's decision may give you good returns in long run, but be prepared for short term loss if any.

8 } Prepare your financial plan
Prepare your financial plan which will give you the whole picture of your life cash flows, this will help you to visualize where you are heading & in taking immediate corrective actions, also help you to know about if there going to be a problem or not in future.

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