1. Minimize imitation in lifestyle. We should be aware of the essential things our family needs. Beyond showing luxury, we should aim for financial security.
Buy the things we need. Use things like dress, electronics items, vehicles, etc. carefully. Never make a habit of changing electronics items frequently.
2. Recurring deposits are often underrated. Keep some money as a recurring deposit. Use any of the Fixed Deposit, PPF, Mutual Funds, etc. as much as you can.
3. Get a good family health insurance policy as soon as possible. The earlier you join, the lower the premium will be.
4. Learn to use credit card properly.
5. If you can create a vegetable garden at home, do it.
6. Make the most of opportunities to generate extra income.