The Money Travels!

Mastering money is an art. It involves mastering mind,wishes,people and lot more. Right from a fresh graduate to the pensioner, its the need of the hour to master and handle money.

We tend to hear many phrases like economic recession,No good openings,Frustration,Stress etc. The real survivor from all these barriers should be capable of mastering the so called MONEY.

We all need training.Definetely not an money-hunting course or foolish plans.A financial training for money ought to be provided..

SOME USEFUL MEASURES:

I would like to suggest few important measures, which as a fresher to a pensioner can really follow with no much pain.

1.SAVE MANTRA:

Always put some money away each month in regular bases.
Have a frequent check on your voluntary PF's.
If you tend to change your jobs frequently, we may usually tempt to cash out, but the wise and better way is to transfer it to the new employer.

Whenever you invest in stocks, stay for many long years even if you suffer the huge losses, because the market can bounce back to any great height.

2.MONEY TRACKER: (not a mobile tracker)

Never outspend  the hard earned income. Revise your budget frequently and always concentrate on saving it.

Spend time on each day to track down all the money.

3. NO MORE DEBTS:

Fresh graduate alway tend to spend more than the experienced. Avoid many new purchases. Get rid of your debt with any extra cash you have.The credit card loans interest are always the higher than the home/student loans.
Connect your life for the debt-free one.

4.ITS TIME FOR HEALTH:

Health care expenses are the most disastrous and can make people to go bankrupt. Always prefer to have a full-coverage on your health. Many majority of people  neglect the medical insurance. But it has been proved worthful in many cases.

Thats all about money mastering. Hope it helps all the new bees to have their best retirement life.