* Work out the monthly budget & stick to it as far as possible.
* Note down total of direct & indirect income.
* Prepare list of requirements according to priorities. Set first priority to necessity, second to comfort & third to luxury.
* While preparing monthly budget keep provisions for:

* After deducting above expenses try to manage other things with the amount available.

* If market is at walk-able distance from your home, avoid purchasing vegetables, fruits & other homely necessities from hawkers sitting outside your building/apartment.
* Keep records of newspaper, milk ordered every day, cloth given for ironing etc… so that you can prevent yourself from being cheated through cross checking.
* Every time after shopping list down each & every expenses. So that you can tally total monthly expense with balanced cash.
* Pay your bills, fees & other payments in time to save the penalty amount.
* Don't try to copy your rich neighbours & indulge in extra/unnecessary expenses.
* While purchasing routine cloths, purchase such cloths, which can be easily, hand washed.
* Do not get trapped by any instalment schemes, as the interest charges will create more burdens.
* Never do shopping in hurry.

* Don't purchase unnecessary things just because you like it.
* Parents can teach their children as long as possible & can further train them for self study & hence can save tuition fees.
* Use your elder children's cloth, uniform, study material etc. for younger children.
* If school is at long distance, make a group of 4-5 children & hire a vehicle.
* If you are going outside for more than 60 days, suspend your phone service temporarily.
* If possible go for bulk purchase of daily necessities, preferably from wholesale market.
* For long distance prefer train journey than bus journey as it saves your time & money.
* Be alert & save electricity by putting off T.V., fan, light etc. when not required, not keeping fridge open for long time, keeping door closed when A/C is on.
* Instead of buying sweets & farsan from shop, it's better to make at home. It not only will reduce the cost but you also get more quantity & of better quality.
* Check out your major money stealer & try to replace those likes. For e.g. - Instead of having costly cuisine at restaurant try some new varieties at home. During picnics carry eatables from home. For outings or sight seeing, plan in advance & hire vehicle for whole day.
* Instead of wasting money on cinema's ticket for a group of people, it's better to watch movie on MP3.
* Use various electronic devices as per instruction to prevent excess use of electricity. E.g. pre heat oven before cooking.

* Never invest your entire income in one scheme or at any one place.
* Make adequate investment for your future.
* Inquire about various schemes & ways available for child's future security.
* Chances of fraud & insolvency are higher in private firms/company than in any government scheme/policy.
* Various investment options: