How much money is needed for survival?

Look, it almost depends upon the way you are living your life. If you think you can live your life in less money or if you are extravagant it's your choice. Suppose if your are living single then, you need Rs 5000 - Rs 7000 for PG (including food), Rs. 500 - Rs.

What are a few saving strategies/tips on Amazon?

I would like to share some tips for everyone to save money.The most two useful ways to save money for Amazon shopping are:-Win Amazon Gift Card.-Find the best products on discount/free deal websites.-Be an Amazon pro reviewer.I have saved a

Why is getting a mortgage a bad idea?

Your premise is incorrect. Making a down payment on a home and financing the balance with a mortgage ultimately makes far more sense than taking some extended period of time to accumulate the funds to buy for cash. Furthermore, the cost

What are some tips for a semi monthly mortgage?

Its best to get a 30 year fixed mortgage. Then get into the habit of paying down principle on a monthly basis. Its better not to lock yourself down into a semi monthly mortgage, just in case an emergency happens, say an injury, hospital bills, layoff's, or other circumstances. Its

What are the best ways to make money as a teenager?

I've been fairly successful using some of the following methods, enough to be almost completely independent from my parents throughout high schoool.1) Take advantage of Alibaba. A lot of people fail to realize the power of Chinese manufacturers to produce products at a fraction of what you may pay for it in the US.

How Can I afford a $100k car?

It is possible. However, any good friend, family member, or financial advisor would tell you that it isn't wise to own one.Not only do most luxury cars cost a lot up front but you will pay a lot for maintenance and mileage.Experiences make people happy not possessions.Here's a calculator for car ownership: Car cost mileage

Is a chit fund a good saving instrument to invest money?

Savings instrumenmt - YES, investment part requires an active participation from the investor. If this helps - Intelligent Investing in ROSCA Funds (also called Gye, Hui, Arisan, Chit, Susu, Pandero, Tanda, Cundinas)-Aravindan

How much do you pay for your phone bill every month?

590INR or $8.30 with AIRTEL.In return, I get:75GB 4G Data per month rollover upto 200GB.Unlimited Calls and Text.Free Amazon Prime.Netflix for 3 months.

Does the Tesla Model S really save money?

Answering old question because it just flashed across my feed. Don't blame me blame Quora.****Comparing a Jeep Wrangler to a Tesla is not even an apples to oranges comparison, because both of those are fruits. It's like comparing apples to cement blocks. With that out of the way, the answer to your question is

How to make financial life simpler

Managing finances is pretty simple.Develop a simple profile with a mix of savings and investment.30% long time PPF /PF with tax savings, 30% deposits, 40% equity.for monthly  requirements have two bank accounts -one salary and another personal.Use personal for running monthly family expenditure

What are the best ways to save money?

Save with style:Use credit card less and feel like as if your mother in law is asking for it while going to mall for her shopping.Use Ola and Uber or auto or public transport and start your journey early in the morning.Buy a small car. The

Can I get a mortgage with debt?

In the US, a credit score of 750 is quite good and will allow you to purchase a home with a mortgage.Generally speaking, your total monthly debt payments (including the projected new mortgage payment) should not equal more than 36% of your monthly gross income.You will also need a down payment of anywhere between

How to make financial life simpler

Managing finances is pretty simple.Develop a simple profile with a mix of savings and investment.30% long time PPF /PF with tax savings, 30% deposits, 40% equity.for monthly  requirements have two bank accounts -one salary and another personal.Use personal for running monthly family expenditure

Is it worth to buy a smart phone?

Con: You may find yourself being sucked in to wasting a lot of time, and spending more money on data than you intended.You may find that some apps actually spend your money for you.If you buy from a cell carrier, you may be forced onto a more expensive phone plan. But if you

How do students save money in Sweden?

This formerly Swedish student saved money by:Living with parents for as long as practical. Okay, I see this is tagged as ‘Student Exchange', so that may not be very practical.Bagging lunch pretty much every day, and cooking everything from scratch. That included baking bread once a week.Buying food in large packs (usually

How much money do you need in your life?

Some people love making money even if they have allot of it. Think of it this way why stop something you are good at? If a race driver wins the Indy 500 do they automatically retire? If a movie maker like Steven

How to get a mortgage without a deposit

In Dubai, You can get a mortgage from a bank with 100% financing.However, in other cases you can Consider getting a property with a post handover payment plan especially from developers. This is like paying a high rent, but the property becomes yours after the agreed period.You can also consider

How much money do you need to live a comfortable life in Jaipur?

Well, an average household (with only husband-wife) can easily survive by spending around 30k-40k per month in Jaipur. Here's how we manage it. (Me and my husband both are working)Rent - 11,000 (1 BHK semi-furnished at a prime location)Electricty - 500 a month (fridge, washing machine, No AC)Water - Around 200 per monthGroceries - 4,000Eating out - 2,000Movies/Leisure -

What are a few tips on getting a mortgage?

To get a jump start in mortgage loan process use these five tips to find out the best lender for you:GET YOUR CREDIT SCORE IN SHAPEA low credit score signals that lending to you is riskyTo build your credit score, first make sure your credit reports are accurate and free

What are the best ways to save money?

People tend to think that to save money means to spend less. Most time - yes, but in some circumstances, spending now can save money later. Here are the three ways I've summarized on how to save money effectively:a. Saving money by

Should I get a loan for buying a used car?

All depends on the vehicle you want to buy, your current cash on hand, and what you can afford in terms of payments.Will the car you can pay cash for last long enough for you to save up

How much upfront money do I need to reliably live purely off of day trading?

Before thinking about upfront money, think about the upfront skills required to succeed in trading. If new to trading, consider yourself to be the first standard student, while the skills levels you need to attain to be successful is of Ph.D. And the worst part is -these skills are not

What are the best ways for millennials to save enough money for retirement?

Everyone's methodology varies, so it's hard to say exactly what method(s) would be best in your scenario without knowing the nitty gritty details of your life. So, instead of a specific and tax-conscious answer, I pose the following three keys to do your best as you save for retirement.Immediately (start now!)Consistently (don't stop!)Generously (save more than you think

How much money do you save by not having kids?

Well, the way to SAVE money by not having kids is to figure out what you WOULD have paid for if you had kids. Then divert that amount into savings or investments.Some examples would be :Bigger apartment or house -$400-$600/monthBraces -$5,000 per kidDaycare -$8,000 to

What are the advantages of a 10-year mortgage over a 30-year mortgage?

The biggest advantage would be a lower interest cost on the mortgage overall, and you will accumulate equity on the home quicker (faster amortization schedule).Like others have said, interest rates on a 10 year mortgage will typically be lower than a 30 year mortgage. But looking at the bigger picture, the total interest cost

How much money I need to live in India?

Which city ? You need to tell us your particular circumstances (single, married, from the West or elsewhere, current standard of living) and your place, so we can tell you what's realistic on it. Furthermore, that depend which part of city you want to stay. The more center

How much money do you save by driving a tesla?

You don't save money by driving a Tesla.Sure, you'll spend less on fuel because electricity costs less than gasoline (and a lot less if you don't live in the US), you'll pay less tax because electric vehicles come with generous tax breaks in most places, and the servicing might be cheaper because there is far less to go wrong.But

How much money can you save?

What kind of question is this? You can save nothing like most Americas or you can save 100% of your money if you live in the woods and live off the fat of the land. The choice is yours.

Why are Indians going abroad to earn money?

Well I didn't know until last night!Despite traveling by public bus around northern India for 2 months last summer and talking to everyone I could, I still didn't understand the economics of India.I recently applied for a teaching job in India. I have two degrees, have teaching experience

What would make you spend money now?

Unforseen circumstances and investment can make me spend money.Spend on either assets or liabilitieswhich actually determine the direction of my cashflow.Most times unforseen circumstances spending are liabilities because they don't bring money into your pocket.Daily needs too are expenses u just have to get.they are not bad liabilities cos

What drives you to save money?

i refer you to :This paper was originally published as Lewis, S. and F-A. Messy (2012), "Financial Education, Savings andInvestments: An Overview", OECD Working Papers on Finance, Insurance and Private Pensions, No. 22, OECDPublishing. doi: 10.1787/5k94gxrw760v-en

What is the worst way to spend a lot of money?

New cars.Never buy BRAND NEW cars.They lose 11% right off the lot.They lose 20% in the first year and 60% by the end of year 5.Want to have a depreciating liability? Buy a new car.Personal experience and opinion is that buying brand new cars is the word

Is it worth going to other country to earn money?

It's a subjective question:It depends by various factor and you have to evaluate the trade off of the various elements.what is your loss if you don't go? what if your loss if you go?what is your gain if you go? what is your gain if you don't

What is the best way to spend money?

There are two parts to your question. How to save and how to get steady income. There are two ways of saving out of a given income.  First spend on whatever you want to and save what is left.  Other one, first keep some portion of income aside and spend the

How much money have you saved by buying in bulk?

You likely dont. Buying in bulk usually means your spending more, and rationalizing it, buying stuff you don't need because it's a

What are the best ways to make money as a teenager?

I've been fairly successful using some of the following methods, enough to be almost completely independent from my parents throughout high schoool.1) Take advantage of Alibaba. A lot of people fail to realize the power of Chinese manufacturers to

How to earn money as a student

10 way to pay for your college tuition and make money

Who will immediately save money by buying a Tesla Powerwall?

"Immediately"? No one. You can only start saving money once you've paid off your initial outlay (~$3,500 plus installation). That said, you would figure this out by determining your difference in kilowatt hour costs between daytime and nighttime, then determining what your

Does the Tesla Model S really save money?

Answering old question because it just flashed across my feed. Don't blame me blame Quora.****Comparing a Jeep Wrangler to a Tesla is not even an apples to oranges comparison, because both of those are fruits. It's like comparing apples to cement blocks. With that out of the way, the answer to your question is

How to make a billion dollars from one dollar

Interesting question....To start with find a business where you can double your income everyday for Ten days and you'll end up with ~$1024Find another business where you can double your income every month for Ten months and you'll end up with ~$1,048,576Find another business where you can double your income every year for the

What are your best hacks for saving money at home?

I believe in frugality. I have not spent anything in the last 7 days. This has helped me save approximately Rs 7200 or $99.86. It's about using up stuff in your pantry and refrigerator. Take a conscious decision not to eat out.Don't buy expensive

How much money do you need to live a peaceful life?

MONEY!!Yes, the count really matters. But you know what, it's something for which everyone has a never ending desire.Well, just if you want to quantify it, the amount which can suffice all your needs and a bit more for your savings may provide a peaceful life.In my opinion, it's a never ending desire. You can't quantify it. Everyone

Should I get an interest only mortgage or a repayment mortgage as a first time buyer?

It probably won't be up to you. Take what the bank gives you.

How do people afford luxury cars?

Hmm, first, what do you consider luxury?I recently purchased a Porsche Cayenne GTS. It's in great condition and unless you look closely at the front bumper or driver's seat, looks pretty new. Brand new, retail was about $95K. I paid $15K.Maintenance, beyond normal fluid changes,

How much, in the percentage of salary, is optimal for saving?

If your goal is to maximize your savings then 100% of your income is optimal. A side benefit of this plan is that you don't have to save long. You will starve to death within a few weeks.

What are some tips on saving?

This is how i started saving. I started by saving 10% of every check I got but realized that I would always end up having a reason to go back and spend the money. I decided to look at the money saved