SAVING TIPS

1. Never buy automobile if you got house on a central location....or transportation is not a big fuss......

2. Try to save what you can immediately after you got your salary......If you sit idle and think that you will save at the end of the year, you will find there is no money left....

3. If you can play in the stock market, its good!!! But giving money to MF not always advisable....There are N no. of MFs including ICICI prudential whose fund managers do not always guarantee return...

4. Put money in LIC Jeevan Saral....8.5% guaranteed return...make other LIC MF policies too.....

5. Give yourself a goal to put a centain amount of money in FD every year. When inflation is low, put money in long term saving, when inflation is high, put in short term saving.....

6. Use PPF as it is tax free

7. Do not go for Home loan if you already have a house in any of the Metros...These markets are highly inflated.....If possible, buy small lands here and there from people who urgently need money...These fellows tend to sell their possessions cheap....avoid big realty developers in between...

8. If possible, trade in the commodity market...This year, sugar and tea prices are going to sore....This kind of things happen every year...So speculate...you will get high return...

9. Never take car loans. car is a depreciating asset.

10. Avoid risky loans....and if you can make Rs. 4 from rs. 2, feel satisfied....

Never be too greedy....