7 Super Mantras to Save Money
Money isn't just about earning money; it's also an art to manage and grow.
In today's world, only those who have mastered this are truly rich—whether their income is in the millions or thousands.
Here, I'm sharing seven practical ideas that can make a huge difference in the life of any ordinary person.
1. Pay yourself first every month
When your salary or income comes in, set aside 10% in your name first.
Don't think of it as "savings," it's the seed of your future.
No matter how many needs you have, don't touch this portion.
Gradually, this will become your strength.
2. Identify unnecessary expenses; don't cut them out—replace them.
Tea, coffee, eating out, unwanted subscriptions...
Don't eliminate them; just choose cheaper and wiser alternatives.
Don't eliminate what brings you happiness—just learn the art of living frugally.
3. Don't take small investments lightly.
Invest 500 or 1000 rupees every month in a mutual fund SIP or recurring deposit.
The initial impact will seem small, but it's the magic of compounding that can turn your income into crores over time.
Read:
4. Cultivate the habit of "making your income work even while you sleep."
Awaken the money that's sleeping in the bank.
Fixed deposits, money markets, short-term bonds—
Put it in places where it grows a little every day.
Related Read:
5. Invest some money in yourself.
The biggest investment is your knowledge and skills.
Spend some money every month on learning new things, books, or courses.
What expands your mind fills your pocket.
6. Build a small side income source.
Blog, YouTube, affiliate marketing, or a small service business...
Create something that slowly generates income without daily work.
This will become your financial security shield.
7. Don't befriend debt, keep distance from it.
Credit cards and loans are like snakes that warm you first and then bite.
Buy it only when you need it, and repay whatever you have on time.
A debt-free person is the richest.
Final Thought
Saving money isn't miserliness, it's responsibility.
And increasing wealth isn't greed, it's smartness.
The day you start respecting your money—
that day will be the beginning of true financial freedom in your life.
Disclaimer
It has not been written by me, but is a translated version of a post by Abhishek Mishra on Quora. This post will be helpful for my friends and readers, hence I have shared it here after translating it.
0 Comments