How to Increase your Monthly Savings

It has often been witnessed that at the beginning of every month we are determined to make savings from our salary but unfortunately by the end of the month we hardly have anything left with us. Here are some innovative tips that will allow you to add some funds to your savings accounts on a regular basis.

Target Weekdays for movies: Movies are one of the best modes of entertainment for people. On an average, a working person visits a movie theater twice a month. However, when you go to movies on weekends and Fridays, the tickets may cost you somewhere around Rs. 300- 350 per ticket. Alternatively, if you are going to the movies on weekdays the price is close to Rs. 90 per ticket. This means you are saving Rs. 500 by just shifting to another day.


Prefer Online Shopping: With the presence of online shopping portals, it has become easier for people to save more. Since online stores establish a direct contact with all major brands, they are able to offer you products at rates that are cheaper than the prevailing market price. For an instance, when you shop at EBay, you can use EBay Discount Coupons to reduce your net payable amount. The difference between the market price and the price that you pay will add up to your savings fund.

List down your priorities: Every month try and list down your top 5 priorities. Then spend on them under a fixed budget. Suppose, if you are segregating Rs. 5000 for spending your priorities then the same should be first used to meet priority number 1 followed by 2, 3, 4 and 5. If your budget exhausts in the middle then shift those priorities to the top most places for the next month. This way you can control yourself from spending more.

Get a recurring account: In India, you can find a lot of banks that offer attractive rates on recurring deposits. Opening a recurring account will allow you to forcibly reserve some money every month. On maturity, you will have a handsome amount in hand along with its interest.

There are numerous other options as well, however, for a working person it is also important to maintain social status and hence, role of Ebay Discount coupons plays a special part while shopping.

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