Hi friends, thanks for the support in the previous blogs. I am back with some interesting and useful content. The title may be negative, but the post will help us to correct our mistakes, if we do any of these mistakes we can correct them. Now, I have 6 major points to be discussed about this topic, let us get into one by one.

1. The first thing to be considered is spending money for purchasing things with cash in hand. In our 90's and early 2000's, we never used this concept of credit card, even though it might be in circulation. If some thing or item is completely essential, then we might choose for credit card, but how much ever we minimize the usage of credit card, our spending capability depends on that. We might be happy that we managed the expense of this month with credit card, but it will again increase our load for the next month and the consecutive months. So, try to minimize the usage of credit cards as much as possible.
2. Don't delay the payment of bills, this will denote that you are spending more than your earnings. People who delay the payment of bills will not have money with them.
3. It is always good to have a budget prepared for each and every month. We should ensure that our expenses are not crossing this budget. If you are unable to manage the expenses within your budget limit, then it indicates that you are spending on something in a unnecessary manner.
4. If you are forced to take some money from your PF or retiral benefits, then you are not handling the expenses in a proper manner, so again it indicates that money is not staying with you.
5. There are some apps or finance corporations, which will be ready to lend you money with less documentation work, but it will end up bigger trouble for us, as the interest that is being taken by them is too high. We should not get trapped in these organizations. If you get stuck in them, then money won't stay with you.
6. Never get involved in any kind of money expectation from your relatives, this will create problem in relationship, if you are unable to return back the money. We should learn to manage our expenses within our earnings. Ensure we have money for food, clothing and shelter, rest all are unnecessary expense, but mobile, travel and medical are unavoidable.

Thanks for reading this content.