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Tuesday, October 22, 2013

Methods to Beat Inflation


Indian Stock Market is hitting new highs but People are facing heat of rising prices of every commodity due to that effect we have seen how UPS failed in Delhi, Rajashtan completely

Indian Economy is undergoing phase of high inflation. As prices of Vegetables, Fruits and every commodity are on the rise. So savings are kept on reducing it becomes very difficult to fulfill day to day needs. So everyone tries to reduce his spending and try to save every penny they can. 

There are Some methods which will help you to beat Inflation:-
Short Term FD'S:- 

Most of PSU and Private banks offers 4% interest on Balance in your account. Also banks offers FD'S from 7 day to more then 5 years so don't just remains your balance Non-utilized, Let your saving account balance to earn more for you so always try to put your money in FD'S so as to get maximum out of investment. You may get return from 6- 10% on your FD'S depending upon duration of FD'D and also you also break your FD'S whenever required and get back your amount same day along with interest. 

Compare Product prices before buying:- 

In festival season everyone has plans to buy something for there home so do research so as to minimum price for your product. You can check online offers available and also check at retail outlets. Also most Important thing is that don't just put your money behind Brands as always MNC brands are always associated with high cost. Just look for features you required and search out the options available in the Market. Also don't just buy what your friends and colleague buy try to do your own research so as maximize your savings. If you don't have time do research the just go through Justdial.com they provide best offers for the product you need. 

 Buy in Bulk:-

With continuous rise in Inflation prices of commodities are kept on rising day by day. So try to buy in bulk so that you can get maximum discounts and inflation doesn't impact in near future. e.g. if you buy Grocery for 1 Month then just plan to buy for 3 Months. If your pocket doesn't allow to buy Grocery for 3 months then try to buy along with your friends so as to get maximum discounts. 

Use Public Transport:- 
 Do not use your own vehicle for office or long distances try to use Public transport as it is cheap and best mode of travelling. Also you can use Car poll services available in the market and with your friends. This will save your spending's a lot.
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Methods to Beat Inflation


Indian Stock Market is hitting new highs but People are facing heat of rising prices of every commodity due to that effect we have seen how UPS failed in Delhi, Rajashtan completely

Indian Economy is undergoing phase of high inflation. As prices of Vegetables, Fruits and every commodity are on the rise. So savings are kept on reducing it becomes very difficult to fulfill day to day needs. So everyone tries to reduce his spending and try to save every penny they can. 

There are Some methods which will help you to beat Inflation:-
Short Term FD'S:- 

Most of PSU and Private banks offers 4% interest on Balance in your account. Also banks offers FD'S from 7 day to more then 5 years so don't just remains your balance Non-utilized, Let your saving account balance to earn more for you so always try to put your money in FD'S so as to get maximum out of investment. You may get return from 6- 10% on your FD'S depending upon duration of FD'D and also you also break your FD'S whenever required and get back your amount same day along with interest. 

Compare Product prices before buying:- 

In festival season everyone has plans to buy something for there home so do research so as to minimum price for your product. You can check online offers available and also check at retail outlets. Also most Important thing is that don't just put your money behind Brands as always MNC brands are always associated with high cost. Just look for features you required and search out the options available in the Market. Also don't just buy what your friends and colleague buy try to do your own research so as maximize your savings. If you don't have time do research the just go through Justdial.com they provide best offers for the product you need. 

 Buy in Bulk:-

With continuous rise in Inflation prices of commodities are kept on rising day by day. So try to buy in bulk so that you can get maximum discounts and inflation doesn't impact in near future. e.g. if you buy Grocery for 1 Month then just plan to buy for 3 Months. If your pocket doesn't allow to buy Grocery for 3 months then try to buy along with your friends so as to get maximum discounts. 

Use Public Transport:- 
 Do not use your own vehicle for office or long distances try to use Public transport as it is cheap and best mode of travelling. Also you can use Car poll services available in the market and with your friends. This will save your spending's a lot.