New Year Resolutions

Its that time of year when everyones down to making resolutions for the new year and plan not to stick to them by the first week of the next year. But Resolutions do need to be made, and if you by any rare chance end up sticking to them you might just come out a winner. I am here jotting down some of my "New Year Financial Resolutions" and just like everyone else i vow to see them through next year(at least i hope to).

1. I plan to make a contingency fund in my savings, for any emergencies and keep at least 15% of that amount at home at all times. Just one thing the money i plan to keep in the bank, will be kept in a savings account linked with an Fixed deposit account, this way i will earn interest as well on the amount.

2. I plan to stop keeping revolving credit on my credit card, i am just paying too much interest on it. Just plan to pay of everything on time and try to minimize the use of credit card.

3. I don't have a PPF account yet and plan to open one in the new year and start putting money in it every month.

And one very important financial resolution apart from the all the other that i have

I PLAN TO LOSE WEIGHT,
I AM SPENDING TOO MANY HOURS THINKING ABOUT FOOD AND TO MUCH MONEY ON FOOD

HAPPY NEW YEAR TO EVERYONE
AND
BEST WISHES