Thursday, April 15, 2021
400 GTB

NNP LawOrder 11 04 2021

NNP Farmers

navan naroa 30

state mega job fair

Edu 20 March

Ayushman 11 04 2021

Markfed Sohna New

Verka Ice Cream

Innocent Hearts INNOKIDS Banner

Gettting penny-wise with these smart money hacks

- Advertisement -

New Delhi, March 21, 2021-
The pandemic and its subsequent impact on the economy has emphasized the importance of spending wisely. Having a dependable contingency fund in case of emergencies has been never been viewed with as much significance ever before. While spending money is a continuous process, clubbing expenses and choosing smarter modes of payment can help save enormous funds in the long-run.

Thanks to the intervention of technology and innovative modes of payments available today, smart spending is only a matter of knowledge. Here are some tips from InterMiles on how one can spend smart, save smart and make each rupee go that extra mile.

Heard the saying “Every drop makes the mighty ocean”? Very often, people wait until their earnings reach a certain amount to start saving. It can be very tempting to indulge and splurge lavishly with your first income. However, putting aside money month-on-month no matter how small the amount is ideal to help prepare for a rainy day. Disciplined saving habits do take time and effort to cultivate but once they become ingrained, the benefits are multiple and long-term.

Whether an aspirational outfit, a high end car, or a luxurious holiday, major non-essential expenses must always be planned. Planning grants gives one the opportunity to save adequately and choose a more value-beneficial deal. This will also eliminate the need to undertake a personal loan which can be excruciating to pay back on account of high-interest rates.

While there are numerous loyalty and reward programmes available to choose from, it is important to conduct in-depth research before to understand which one offers the maximum benefits aligned to one’s needs and lifestyle.

A programme that grants its members the opportunity to earn points regularly across simple day-to-day activities like paying rent, enjoying OTT subscriptions, ordering food, or online shopping in addition to occasional spends like flight tickets or hotel bookings is an ideal option.

Engaging frequently with the programme will help accelerate their point earnings and subsequent tier movement as well as avail of discounts and offers being run by the programme or programme partners thus, ensuring that every spend earns for them.

Apart from convenience and time-saving benefits on account of being accepted across diverse purchases worldwide, co-brand credit cards offer customers several additional opportunities to earn rewards.

Right from personalized offers such as welcome bonuses, discount coupons and vouchers to milestone benefits like complimentary movies, flight travel and hotel stay and rewards like insurance, lounge access and golf access. Therefore, as time passes, the more the customer swipes, the closer they come to earning rewards and freebies as well.

Programmes which offer points earning benefits when paying off routine utility bills for gas, mobile, or electricity etc. not only prove to be a one-stop solution for members but, also rewards them for making basic, calendarized payments which they would have anyway conducted as part of their lifestyle. This provides the convenience of time and effort saving along with an additional earning opportunity for loyalty points which when accrued could help fund a future expense such as air tickets, hotel bookings, dining bills and more.

One of the proven methods of building wealth is investing smartly. Whenever undertaking a major expense always evaluate the value of that product in a few years. If after a few years, the value of the product diminishes, think twice before incurring that expense.

Instead, identify and invest in assets that multiply in value over a period of time. For instance, instead of purchasing an extremely high-end new car, one can consider buying a second-hand car and investing the remaining amount in stocks or real estate that is expected to appraise in a few years.

It has been rightly said, “Health is wealth”. Health is undoubtedly one of the most important things that one can never oversee. Taking good medical insurance will ensure you are prepared for unforeseen situations that can take away major portions of your hard-earned savings within a few days.

Pro-tip: An ideal way to save on the cost of health insurance is to use the plan that is provided through your employer. (Agency)

- Advertisement -

Yes Punjab - TOP STORIES

Punjab News

Sikh News

Transfers, Postings, Promotions

- Advertisement -SGPC Wheat Appeal

Stay Connected



Ashutosh Rana tests positive for Covid-19

Mumbai, April 14, 2021- Actor Ashutosh Rana has tested positive for Covid-19. The 53-year-old actor shared the news on Facebook while wishing fans on the...

Jackie Shroff packs a punch, with health tip

Mumbai, April 14, 2021- Actor Jackie Shroff on Wednesday reiterated a basic maxim to underline the need to look after one's health. Jackie posted a picture...

Katrina Kaif has just herself for company

Mumbai, April 14, 2021- Bollywood star Katrina Kaif, who tested Covid positive earlier this month, is currently enjoying her own company, going by her social...

Rahul Roy tests Covid positive

Mumbai, April 14, 2021- Actor Rahul Roy on Wednesday took to social media to inform netizens that he has tested positive for Covid-19 along with...

Payal Ghosh essays different shades in ‘Red’

Mumbai, April 12, 2021- Actress Payal Ghosh, who came under the spotlight a while back after accusing filmmaker Anurag Kashyap for sexual harassment, is gearing...




Woman Working on Laptop

10 Best Side Business Ideas for Women in 2021

Are you desperately looking and searching for new ideas for side business for women? There are a lot of business ideas for women, and we...
Model Mosque

A model mosque – by Asad Mirza

The Muslim community should try to evolve the construction of the mosques, at a lesser cost besides fulfilling both functional and practical needs, and...
Kashmir Spring

The Kashmiri Spring – by Aditti Ahluwalia

It's a wonderful World. Amidst the toings and froings of the Covid chaos, one good thing that has emerged is the luxury of time....


Health & Fitness

Cancer Vaccine

Novel personalised cancer vaccine safe: Study

New York, April 12, 2021 - A new personalised cancer vaccine, developed by the US researchers, is safe and beneficial for patients with different cancers, including lung and bladder, results of phase I clinical trials have shown. "While immunotherapy has revolutionised the treatment of cancer, the vast majority of patients do not experience a significant clinical response with such treatments," said...

Gadgets & Tech

error: Content is protected !!