1. Spend your money through a Credit Card
Yes! Don’t be surprised, but remember to pay your bill on time. Use a credit card to pay for your expenses, since you get as much as 50 credit free days. You also accrue miles or rewards points. However, ensure that you have a limit and are prompt with your bill payments.
2. Run a Side Hustle
Each one of us has some talent and the internet allows for monetization of that talent. Put your content online or offer your services on a freelancer website in order to diversify your streams of cash flow!
3. Never let your money rest in a savings account, invest in liquid funds
These are funds from which you can withdraw within a day! You earn higher returns and most importantly, if you can’t see it, you won’t spend it. Try Moneyjar’s Savings Jar.
4. Switch from a Fixed Deposit to Debt Mutual Funds:
NOW! Higher returns, no premature withdrawal penalty and no TDS Deduction. Check Moneyjar’s Savings Jar.
5. Save Tax:
By investing in Tax Saving Equity Mutual Funds. Moneyjar allows you to invest in tax saving funds.