INVESTMENT HABITS FOR BETTER SAVINGS

1.DO NOT OVER RELY ON ANY SO CALLED CUNSULTANTS ,BUT LISTEN CAREFULLY TO THEM,DO NOT TAKE FINANCIAL MATTER LIGHTLY .....
2. ALWAYS MAKE A HABIT TO SAVE ATLEAST 30- 40 PERCENT OF INCOME.
3. ALWAYS MAKE A BUDGET AT STARTING OF THE MONTH.
4. DO NOT TAKE LOANS .UNLESS EMERGENCY.
5. MAKE A HABIT OF FORMING EMERGENCY FUNDS
6. SEARCH BEFORE INVESTING....
8. UR INVESTMENTS SH. BE BASED ON UR REQUIREMENT,AGE,SALARY,RISK TAKING APPETITE,PRODUCT,SERVICE,BRAND CHARGES U HAVE TO PAY IN FORM OF COMMISSIONSETC
9. NEVER GO FOR SPECULATIVE BUSSINESS OR TRADING.
10. IF U WANT TO INVEST IN SHARE MARKET GO THROUGH MUTUAL FUNDS UNLESS U R TOO EXPERT AND U HAVE TIME TO FOLLOW UP THE SHARE.
11. ALWAYS TAKE INTO ACCOUNT UR TAX AND COMPARE VARIOUS TAX SAVING DEVICES.
12. DO NOT PUT ALL EGGS IN ONE BASKET,ALWAYS DIVERSIFY....
13. TAKE INSURANCE,POST OFFICE,MUTUAL FUNDS,FD EVERYTHING
14. MEDICAL ,ACCIDENTAL INSURANCE FOR UR FAMILY MUST.BUT TAKE CASHLESS OPTIONS.
15. ALWAYS CHECK RIDER BENEFITS WHILE INVESTING
16. DONOT EVER TEMPTED BY OVER SPENDING OR CREDIT CARDS.