Some Financial Tips for Poor/Low Salary People

• Look for a working life partner to have a much better quality of life.
• Start saving and investing since the first day of job, so that you can cope up when responsibilities hit you hard.
• “Assets are those products whose value increases with time and are resellable, rest everything is a liability”, never forget this.
• Exercise and walk in public parks, don't spend in gyms, unless you are too passionate.
• Make a diary of fixed monthly expenditures and allocate money to each class, to have a planned spending every month.
• Invest something out of the minimum salary you get in a pension plan. Old age can be quite harsh.
• EMI's must never cross 10 to 15% of your income or you will slowly get caught in the web of loans.
• Go to public gardens, temples on picnics, go often and take home cooked tiffin, make life interesting without spending much.
• Have a limited closely bound social circle to reduce expenditure and to avoid the tendency of showing off.
• Don't keep a credit card, it's too lucrative, specially when you are a little deprived in life.
• Prioritize expenditures, first is groceries, then child education, then bills, then leisure.
• You desperately need growth, keep acquiring new skills without fail, work part time also if possible.
• Delay your purchases but get products of decent quality to avoid high wear and tear and replacement costs.
• Take good care of household utensils and gadgets to prolong their life.
• Try and do maximum grocery shopping on one particular day every month to have economies and avoid travelling cost later on.
• Create an emergency fund out of any bonus money you get.
• Prefer wholesale markets over malls, you will find many products of fine quality (specially clothes, shoes, bags, plastic products) available at half the prices.
• Try and do shopping on weekdays at morning to have maximum bargaining power.
• Visit mall once in a while with child and spouse, let them enjoy a softy or a burger, it won't cost much, and their cravings would be reduced. (But don't step in a resto bar by mistake)
• Use apps like YouTube for entertainment, avoid boasting on apps like Facebook.
• Avoid wastage like cinema hall food, maintaining a car, alcohol, smoking etc.
• If you live life in a systematic and planned manner, life with low funds can also be happy and content.
• Try and use permanent birth control measures once you complete your family.
• Protect yourself as much as possible, you can't afford to be casual, so use a helmet while travelling and wear clothes as per season.
• Have friendship with neighbors, you won't need to travel to meet and chat with them, also you can pool certain resources and save some money.
• Eat seasonal fruits and experiment new recipes of cooking inexpensive vegetables like potato.
• On outdoor visits once in a while, carry as much water and food as you can, plan in advance and save money on tickets and stays, shopping while holidaying is overrated, avoid it.
• Use low potency, light AC's in a combination with a fan to save electricity, similarly use LED technology for lighting.
• Live your family life with love and care so that money loses a little value.
•  Most important, have peace of mind, stay away from stress and negative people, focus on happiness and togetherness, a lot of money would be saved automatically.