Write a paragraph on how to save money.
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. Avoid unnecessary costs. Bring your own lunch and coffee to work, walk instead of paying for public transport, and hand make gifts instead of purchasing expensive ones, for example.
2. Recurring deposits. Also known as RDs, these deposits enable you to set aside a portion of your income if you are employed and get a salary on a fixed date.
3. Systematic Investment Plans. Also known as SIPs, these plans help us to turn our money into more money by investing it wisely.
4. Make a little money from everyday activities. Charge others to share your car with you, sell books on once you have read them, and so on.
5. Keep motivated. Making a savings chart that shows how close you are to your savings goals is a great way to stay motivated.
Conclusion: There are plenty of ways to save money and every little helps!
2. Recurring deposits. Also known as RDs, these deposits enable you to set aside a portion of your income if you are employed and get a salary on a fixed date.
3. Systematic Investment Plans. Also known as SIPs, these plans help us to turn our money into more money by investing it wisely.
4. Make a little money from everyday activities. Charge others to share your car with you, sell books on once you have read them, and so on.
5. Keep motivated. Making a savings chart that shows how close you are to your savings goals is a great way to stay motivated.
Conclusion: There are plenty of ways to save money and every little helps!
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