Running short of money is something that can happen to anyone anywhere, therefore planning comes into picture.
Getting acquainted with your incoming and outgoing finances is always good to keep a track and thereby control the cash flow from your account.
2. Introduction
• Running short of money is something that can happen
to anyone anywhere, therefore planning comes into
picture.
• Getting acquainted with your incoming and outgoing
finances is always good to keep a track and thereby
control the cash flow from your account.
For more details visit : https://www.letzbank.com/
3. 1. Make a note of your expenses by
creating a monthly budget
• Calculating your finances will always help you know
and track down all the expenditures you need to make
in the coming month.
• Divide expenses according to the areas your funds
will be utilized for.
4. 2. Pay off your debts
• Debts are sometime unavoidable;however, if your
salary is spent in a controlled manner and are able to
adjust in the existing resources you can certainly live
life debt free.
• Paying off our debt well in time can help us not fall
into that financially tight situation.
For more details visit : https://www.letzbank.com/
5. 3. Use credit card only if you can pay back
in time
• Credit cards are good till the time you can make the
payment well in time otherwise you will just end up
accumulating interest and paying credit card bills.
• Failing to pay your credit card bills can lead you into
a financially tight situation.
For more details visit : https://www.letzbank.com/
6. 4. Try managing within the resources
• Manage your monthly budget within the resources
available and that you do not have to borrow for any
external source.
• Remember borrowing money will always come at a
cost.
For more details visit : https://www.letzbank.com/
7. 5. Get insurance for yourself, your family
and vehicle
• A thing providing protection against a possible
eventuality.
• Availing an insurance helps us fight any emergency
situation without having us pay in cash for the
purpose.
For more details visit : https://www.letzbank.com/
8. 6. Beware - Do not overspend
• If you are not in a financially tight situation then do
not over spend and fall in the debt trap.
• I am sure that there are many who would run
cashless, especially while heading towards the month
end.
For more details visit : https://www.letzbank.com/
9. Contact us
Letzbank,
Plot No. 4,, 1-98/8/9/A, Image Gardens Rd, Madhapur,
500081 Hyderabad, Telangana,
India.
040-48586878
support@letzbank.com
For more details visit : https://www.letzbank.com/