Uploaded on Aug 21, 2019
Presentation on "How To Save Salary In Order To Prevent Losses In Month End"
How To Save Salary In Order To Prevent Losses In Month End
HOW TO SAVE SALARY
IN ORDER TO PREVENT
LOSSES IN MONTH
END?
1. Audit your last month expenses
•You will get to know the
essential as well as the
irrelevant expenses you have
done last month.
•You may reduce unnecessary
expenses in the coming
month. indiamart.com
2. Creating a budget
•Have a proper budget plan for a
month.
•Note down the fix expenses and
cut it down from salary.
•Add some money in your
savings and keep some for your
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3. Tracking expenses
•It is the best way to prevent
you from running out of
bank balance.
•Track every expense you
have done.
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4. Avoid unnecessary expenses
•Most of the time, we go
shopping and buy something
that is not needed at all.
•Don't spend your money on
such unnecessary things.
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5. Save electricity
•Replace high watt bulbs with
energy-saving bulbs.
•Don't forget to unplugged the
appliances that are not in use.
•You can save up to 2% of
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monthly expenses.
6. Shopping choices
•Make a great shopping
choice.
•Compare the things you are
buying on different resources.
•First, buy the necessary
things and then shop for other
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7. Earn from hobbies
•If your every weekend is having two days off then you
have a choice to earn some money from your hobbies.
•You can run a blog, sell your
paintings.
•You will definitely earn
money to fulfill your daily
expenses.
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8. Don't forget to put some amount in
saving
•You must keep aside at least
10% of your salary in savings.
•After that decide further
expenses.
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9. Food choices
•Spend less on fast food.
•Prepare a meal at home.
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