Save me today so i can save you tomorrow

An interesting quote that I got from my financial advisor... And that struck me as an interesting way to look at things

In the heat of the moment , we always look to spend money on small things.. A pizza , a watch , a new mobile or even a nice coca cola even though you really did not need to spend on it .

I analyzed my own data for the last month .. What I ate in the office , how much I spent on coffee ( its like ten steps from my room) and what I spent with my family over the weekend .

The amount when it comes out looks a little uncomfortable.. 6780 Rs in the last 30 days.. The last month. ( and I was travelling for most of last month!)

This doesn't really include the really important stuff which couldn't be avoided ... School stuff, clothes for growing children ... Just stuff that could easily have been avoided .

Now, I don't mean to say that don't go out and enjoy- with my tough weekdays of 15-16 hr days.. This is the only time I get to spend with my family and they do deserve this.. But we need to find some different things to do vs just going to the malls and having coffee and a dinner in crowded places . More on this topic in another post

But lets get back to the point .

If I am able to save 3000 Rs a month additonal.. That's 36000  Rs a year. In 20 years @15% this would be significant benefit adding to your retirement kitty..

Save today.. So it can save you tomorrow.

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