@Unity
edited
more from that month
Where to Spend Money We earn and spend money. We need money to live. So, we like to read articles on how to earn. We are running after creating new income streams. The desire for earning drives us all. Because we require to spend our hard-earned money doing multiple things. We buy food items and daily utilities. We pay bills for electricity, water, etc. We pay tax. We also spend money on traveling. I strongly feel that there must be some deep thinking before deciding to spend our hard-earned money. How much money do you spend on commuting? Have you ever noticed how much money you spend on commuting? It may include air travel, passage via train, and on the road by taxis, etc. How often did you spend high cab fees instead of traveling by community bus services? Did you need a costly cab service? Some of you may argue that private taxi services are better than bus services. There are good bus services available in most urban locations. The cab fares are higher than community bus services. Sometimes, when we don't have any hurry and carry heavy luggage, we can travel by community bus services. The money saved on local commuting can be utilized to buy food items, groceries, and many daily utilities. An example of reasonable money spent on local commuting Shashi Kumar is a seasoned tech specialist turned entrepreneur based in Bangaluru, India. The place is full of offices of big IT companies. It is a real story I have read on LinkedIn. https://www.linkedin.com/in/shashi-kumar-ak/ https://www.linkedin.com/posts/shashi-kumar-ak_food-health-community-activity-6993650763977670657-kXmd/ Shashi's LinkedIn post explained how he decided to commute by a prepaid community bus service instead of costly cab services in the city. Look at the comparison of costs of traveling from Bangaluru international airport to his place of visit by a community bus and different cab services.
*Image Screenshot* *Source* https://www.linkedin.com/posts/shashi-kumar-ak_food-health-community-activity-6993650763977670657-kXmd/ Shashi paid INR 290 as bus fare, whereas the popular cab fares were ranging between INR 2325 and 2377. Shashi can afford to pay the fares of the popular cab services. But, he decided to opt for a community bus service because that served his purpose nicely. Shashi's decision saved him about INR 1610, which he could spend on buying food, groceries, vegetables, and so many things. Concluding remarks Think and decide where to spend money. We do hard work to earn money. An example of spending on local commuting gives light on how we may end up wasting huge money on taxi cabs without thinking. We must give thoughtful reasoning before deciding where and how to spend our hard-earned money. We must spend our hard-earned money on real necessities. `[Sponsor information for this article]`
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14 comments
We should know better about where we can invest and where we can get profit. Uber service is working good in Pakistan.
Cab services are good and reliable. But we should only use it when public transport is not serving the purpose, i.e., you have a hurry and have heavy luggage.
I always use public buses or on foot in the city and my own car outside the city. Both are expensive at the moment, sometimes I take someone with me and share the costs because it's more reasonable!
I also walk down as long as the distance is less than 3 km. I agree with your sharing the vehicle with others, as sharing the car with acquaintances helps reduce burning oil and carbon footprints.
I mostly go to village and use train, it's very cheap though the price is 3times of what it was earlier. I just avoid public transportation service in festivals because it's a mess during that time.
I agree. A crowded bus is a pain with luggage.
Knowing where our money go and also managing it in the best way we can helps a lot... Great article 🥰🥰
I am grateful for your positive comment :)
Tracking where your money goes helps us to improve our budgeting.. nowadays it's getting hard because of inflation. Money spent like a bubble now tskk
Oh yes, even if it is not inflation or crisis, reducing unnecessary expenses is a golden habit.
We work hard to collect money after collecting money we do have not any idea where we need to spend money. My friends earn almost 10 million per and now they don't know where they need to spend they are asking different friends.
One must think carefully before spending, which is the key. It is essential to decide where to spend.
It pays to be smart with money. I would probably walk it if it's less than 30 minutes.
Thank you :)