Tips to make your financial resolutions stick

March 11, 2019 12:51 pm | Updated 12:51 pm IST

Coverage, insurance or Protection concept, Stacks and heaps of coins

Coverage, insurance or Protection concept, Stacks and heaps of coins

Buy insurance online:

After all, insurance premiums get costlier the older you get. Head to a portal like PolicyBazaar.com or CoverFox.com and pick based on your needs. Typically, online is cheaper.

Book that holiday in advance!

“People who book in advance can benefit by up to 100% in case of domestic travel and 25% if they are travelling abroad in the summer,” shares Balu Ramachandran, Head, Air and Distribution at Cleartrip.

Delete your shopping apps:

Boredom breeds credit card debt. Try using your computer to make online purchases. If deleting is too difficult, try removing your saved credit cards from the app.

Stop automating bill payments:

Manually paying your monthly credit card, phone and utility bills makes you pause and see whether you actually need everything you are paying for.

Learn to cook:

If you think cooking does not have anything to do with money, just go through the long list of taxes and charges that make up your restaurant bills. Plus, it might even be healthier. As Vishal Shah, CEO of meal prep delivery company iChef, says, “With the stressful lives most of us lead these days, it is important to eat home-cooked food that is prepared with quality ingredients under hygienic conditions.”

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