Life Insurance
If you want insurance for protection only, buy a term life insurance policy.
If you want to buy a policy for wealth creation like ULIP or Endowment it should be at least for 15 years. Terminating these policies after a couple of years can more than double your life insurance costs and eat your profit.
Medicine
As brand name drugs are usually much more expensive than their generic equivalents, ask your physician or pharmacist if a less expensive generic or an over the counter alternative is available.
Credit Cards
To avoid late payment fees and possible interest rate increases on your credit cards, make sure you send your payment 7 to 10 days before the statement due date. Late payments on card can increase fees and interest rates on other cards.
Shopping
Make a list before going to shopping
Trick yourself into spending less, saving more
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