NEW YEAR RESOLUTIONS ONE SHOULD HAVE TO MAKE MONEY

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NEW YEAR RESOLUTIONS ONE SHOULD HAVE TO MAKE
MONEY
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• The new year has come and it is time to make new
  resolutions. How about making some financial
  resolutions? Managing money and other finances
  have been a crucial part of everyones lives. So
  might as well have resolutions and try our best
  to achieve them. At the same time, we should have
  resolutions that are practically possible and not
  just something that is broken the next morning.
• Here are some of the financial resolutions that
  are practically possible.

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• Cut down on unnecessary spending.
• As rightly said there is enough to for
  everybodys need, but not everybodys greed, cut
  down on unnecessary spending. There is something
  known as the 50 30 20 rule. According to this 50
  percent of your earning should be for daily
  requirements, 30 percent for luxury, and 20
  percent as savings or investments.

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• Have a monthly budget.
• Based on the rough average you spend every day,
  prepare a budget for a monthly basis. Try to
  reduce the budget by a small margin every month.
  This way you will be able to save more and spend
  less. In case there are any unavoidable
  circumstances you may adjust it to the next
  month. But make sure the goal set by you is
  achieved.