Credit card bills payed within due date: The non paid bills after due date alone can raise the expenditure by 40% per annum which is very expensive as in the form of credit.
Unused bank accounts closed: There are too many bank accounts with new jobs as openings and some of these bank accounts are hardly checked
Have a months expense in the bank: Bank gives interests on the saving's account. Therefore some extra money can be earned through fixed deposits mutual funds of small terms
Have life insurance: Buy life insurance, not for yourself but for the ones you love.
Investing early: This is done because of the compounding phenomenon. A person investing early has to pay less than the person investing after him and you may know that both of them get the same price later but the cost of buying differs.
Regular invests: Investing systematically helps in long-term profits as it eliminates the risk of investment in equity markets.
Financial plan: Make your financial goals, have a good plan to reach for what you have planned keeping in mind the risks that can be taken
Stay with the financial plan: Be with your plan and try to cut down the risks from it as much as possible.Enter boldly into the market when others can hardly think of it.
LAST BUT NOT THE LEAST: KEEP ALL THE ABOVE COMMANDMENTS IN MIND
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