Your Finances Advice

• Start saving today. Make it a habit to save a portion of your pay on a monthly basis. Some banks have the facility of taking a portion of your money into a savings account automatically.
• When you can borrow/rent, don't buy. Some books can be borrowed at the library without buying and some videos can be rented. You don't have to buy them and let them take up space in your house.
•  Go for the high down payment and low monthly instalments. It will help you in the long run and you can sleep better at night.
• Have good insurance coverage. You will never know when you will need a large sum of money during an emergency. So having good insurance coverage can really help tide you over through a crisis.
• Owning a credit card is very important for establishing credit. Even if you don't ever use it, it's important to have one. If you don't trust yourself, just lock it in a drawer.
• Have a good book on personal finance management. Learn proper finance management from the experts. Buy those things that are necessary if possible to save a good amount of money.
• Save a dollar a day as it will snowball to a million someday