You need to be your financial adviser

At present you are worried about your savings stocks. Most of you do not have enough savings. Therefore you are frustrated. Here we discuss how to eliminate your financial frustrations.

Of course you have some earned income now but your expenditure pattern is very unclear to you. if you really want to improve your savings the first thing you need to do analyze your expenditure seriously. Then you will learn your expenditure is fruitful or wasteful.

Now you realise you have lot of unnecessary expenditure and start to eliminate or avoid those from your day to day life. Automatically savings will built.

first step: record your income

second step: record your expenditure. For Ex: All small expenditure need to be recorded.(Water consumption for brushing your teeth, sugar consumption per month, price of kilo of sugar or price of cup of tea,electricity bills, transportation costs, expenses on hobbies and all other meaning less expenditure)

Third step:: From the above expenditure list highlight the most essential expenditure and remove unnecessary expenditure.

Fourth step: Review above schedule at least on a daily basis or weekly basis.

Fifth Step:: Try to avoid all unnecessary expenditure and save the money in a savings account.


Sixth step:: Continue this process for at least 12 weeks.

Seventh Step: Go back to the second step and reconcile your savings in your savings account and know about your stock of savings.

If you are living with your wife/husband or kids, need to follow two management concepts.

1. Kitchen management - To reduce all unnecessary expenditure.
2. Bathroom management- To save environment and reduce expenditure on utility, health bills.

IF YOU FOLLOW THE ABOVE SEVEN STEPS DEFINITELY YOUR SAVINGS WILL IMPROVE FASTER AND YOU WILL BECOME A VERY RATIONAL PERSONAL TO THIS WORLD.