Piggy-banks and piggy-backs

Remarkably, our fathers have taught us something very special- how to manage money. We carry forward these lessons till death and cannot altogether deny that the best advice comes only from our fathers. At times, we find it difficult to follow the instructions, but somehow, in the later part of our life, they guide us. Let us take into account a few such tips:

  1. You can start saving at any point of time in your life. Dads say that the day you start earning, start saving.
  2. Never stay empty stomach and a full wallet. Do not shop much even if you have a lot of bucks in your wallet. And never step out without having food that is in front of you.
  3. Always spend according to your income. Never plan something big that goes beyond your remuneration. Try not to trust on the credit cards as this can grow the loan tendency within you.
  4. Try to gather the current financial status from the newspapers, television channels etc. Keep yourself updated.
  5. Fathers think that buying a dress of Rs. 100 only to fade in a couple of months is worse than buying a dress that amounts to Rs 500 and last longer.

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