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Topic : Personal Budgeting......
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Banking & Insurance Professionals

 
Started by : Adrija , Assistant manager finance , HDFC Bank   11 13 2010 07:03:34 +0000
Industry : BankingFunctional Area : Personal Finance(Personal Interests)
Activity:  101 views;  last activity : 11 07 2011 13:49:50 +0000

Money saving could be sometimes boring but believe me its the most common thing we all do in our day to day live. Knowingly or unknowingly we all try to save something.

So, what are the craziest things one can do to save money????

 
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1 2 3 4 5
1 Eat less
2 stop haircut
3 Surrender ur Credit Card
4 sit at home all the time.
5 Over head tank
6 change your lifestyle
7 Vehicle Pool
8 read quran and follow the way of islam
9 read quran and obey the rules of islam
10 Wear less
11 Walk
12 Invest your money
13 Doing Nothing
14 Misplace your ATM card
15 Be a Miser
16 Sleep in money
17 Prefer to walk
18 Parcel from restaurant instead of dining there
19 Re use the products till its last avilable utility
20 Nudity
21 Go to your office in groups

Eat less

idea posted by Adrija Assistant manager finance , HDFC Bank

In an effort to save money, the craziest notion I endured was to stop purchasing groceries and eat way less, often not eating all day into the wee hours of the night! & also limit any other types of purchases.

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by Sayan Bhattacharyya, Analyst Programmer, Accenture  | 11 22 2010 09:58:40 +0000

Very bad idea.. but people frequently used that.. which is never give anyone what he/she want, it will make you sick.

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One who eats less lives longer.Not even 5% of deaths occur due to starving.People die because of diseases like blood pressure,diabetes,heart disease etc.All these diseases are closely linked to wrong dietary habits.

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Eat less food outside home or avoid outside food .. avoid junk ..

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stop haircut

idea posted by Suryanarayan Murthy Asst Vice President (Corporate Finance), A Hydro Power Project
It happened really !! A government employee, when told by the astrologer that he may not live more than 1 year, stopped going for haircuts (why waste this money, when I am dying any way was his reply). He is still living even 5 years after the predictions by the astrologer.. How crazy ?
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by Nitin Anand, SAP Consultant, J P Morgan  | 12 10 2010 10:31:19 +0000

haha.. this is crazy !! ;-)

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I did not meet him for the last 3- 4 years Mr. Narayan

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by G A Narayan, VP - Marketing, KE Housing P. Ltd.  | 11 13 2010 07:23:24 +0000

Now a days, does he have his haircuts or not?

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Surrender ur Credit Card

idea posted by premkumar ponnusamy Associate/Senior Associate, Later
Do not have a credit card ;-)
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Yes, good suggestion & I already implemented it.

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sit at home all the time.

idea posted by sandesh saboo Research Associate/Analyst, saboo associates
if you move out of home it cost you some thing ,if you stay at home all the time it would cost you the least.you save on travel time,travel cost,and new unknown expenses,you would not need insurance.you would not need expensive vehicles.etc
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by Nitin Anand, SAP Consultant, J P Morgan  | 12 10 2010 10:39:32 +0000

wrt craziness i would agree on all the points bt insurance.. because you may still have to take insurance because what happens if an earthquake comes or terrorists bombard ur house ;-)....

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Over head tank

idea posted by LAXMAN KESHWALA Freelancer, Telecom/ISP
Today mostly houses are contains over head water tanks.It is generally feed by electric pump and used its water for domestc or other purposes.When all the water is used tanks is refeeded and viseversa.Now if draining pipe means out put of tank to house is connected with small turbine and turbine shaft is connected with water feeding pump then automatic water is filed when it is used and no need to fill by motor drive pump.Economy is proved.
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by Nitin Anand, SAP Consultant, J P Morgan  | 12 10 2010 10:33:28 +0000

@Laxman :Technically this is not possible bt still on crazy grounds ... it is gud .. lol @ narayan : Yes hand pump is a better option

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by G A Narayan, VP - Marketing, KE Housing P. Ltd.  | 11 15 2010 18:50:40 +0000

I like!!

Sounds good. New method of generating power. If you are able to do this you may end up becoming not only a billionaire but also win lots of awards.

Many have tried this earlier but have been unsuccessful. Better still would be to use a hand pump to pump up the water to the OHT. This way one would be healthy at the same time save power (money). May work for single a storied house.

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change your lifestyle

idea posted by Sumeeta Mukherjee Finance Manager, Veera Techno Trec Pvt. Ltd.
changing lifestyle requires self discipline and self discipline enable to cut your shopping, eating and every damn habits in control
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Vehicle Pool

idea posted by Prassan Kumar Sharma AVP, Nirmal Bang Securities
If a set of people from residential area are going for work in same work area can pool their vehicle. Means one vehicle to carry 3 or 4 and would get it's turn in 3 or 4 days.
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by Tanima , First Medical Services Pvt. Ltd.  | 02 21 2011 10:43:39 +0000

I will support this idea, It will help me to save my money as well as I will be fit.

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read quran and follow the way of islam

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read quran and obey the rules of islam

idea posted by amir amza abdul samad Diploma student, shreeram
their is no god but allah
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Wear less

idea posted by Saibal Ray Sr. Process Engineer, KPIT Cummins Infosystems

I think this is the only idea thats been implemented by most of us...we see this in our daily lives...in movies, in pubs and in offices too...what an idea, sirji!

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by Nitin Anand, SAP Consultant, J P Morgan  | 12 10 2010 10:34:17 +0000

@narayan : well said .. rofl

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by G A Narayan, VP - Marketing, KE Housing P. Ltd.  | 11 14 2010 05:20:45 +0000

Great. Let me move in as the neighbor to the ladies who follows this idea ;-)

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idea posted by Biswajit Sarma Project Manager - Construction of Raddison 5 Star Hotel, DS Group
Walking is the best way. No fuel consumption and fares.
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by Nitin Anand, SAP Consultant, J P Morgan  | 12 10 2010 10:34:42 +0000

I agree too.

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by G A Narayan, VP - Marketing, KE Housing P. Ltd.  | 11 13 2010 12:15:22 +0000

I agree.....

 

but one should not end up eating more to compensate for the loss of energy

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Invest your money

idea posted by Vijay Birajdar Asst.Professor & Programme Coordinator, AICAR Business School
Investment is the best tool through which one can save money. It also helps to increase the amount of Investment. No need to eat less,wear less, Walk, neither stop haircut.
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by G A Narayan, VP - Marketing, KE Housing P. Ltd.  | 11 13 2010 12:16:05 +0000

But this is the traditional method of saving and there is nothing crazy about this.

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Doing Nothing

idea posted by yogesh deshpande Management consultant for Sales, leadership, Wealth mangerment and self help,

I have my Neighbor who does nothing...? yah he says that if i do nothing i will not earn when i dont earn i will not spend, and he also say's "Money saved is money earned".

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by Nitin Anand, SAP Consultant, J P Morgan  | 12 10 2010 10:35:53 +0000

this i guess is the craziest !! hahaha

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by G A Narayan, VP - Marketing, KE Housing P. Ltd.  | 11 13 2010 12:16:43 +0000

Must have had a good dad who is also a provider...

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Misplace your ATM card

idea posted by shrinivas Asst. Manager/Manager -(NonTechnical), the Lakshmi vilas bank ltd
Misplace your ATM card on 5th of ever month and dont search it till 30th of every month..
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by G A Narayan, VP - Marketing, KE Housing P. Ltd.  | 11 14 2010 05:19:35 +0000

Nice idea, provided you don't die of hunger. Also, if the bill collection agents let you live in peace this might work.

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Be a Miser

idea posted by Neeraj Bhandari Tour Management Executive, Divine Travel Connextions
As we all know that we have hidden miser in ourself which comes out in less time. Being a miser is not a bad thing but live a miser is really harmful for itself and surrounding. So the only extract comes it miser concept as a craziest way to save money. Miser concept can be implement anywhere in any situation but it has one merit also is increase bargaining power among the opened mouth world. So be a miser but not too much...
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Sleep in money

idea posted by Shashi Kumar U Manager accounts & commercial, Mazda Concrete Products Pvt Ltd
Do not eat, do not drink, do not wear do not do any act that can be quantified in money but sleep in money
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by Nitin Anand, SAP Consultant, J P Morgan  | 12 10 2010 10:36:29 +0000

but the fact would be ..where do we get the money to sleep in?

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Prefer to walk

idea posted by Nilesh Pawar Legal & Secretarial, Valencia Professional & Management Services LLP
One can save money by walking short destinations.
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Parcel from restaurant instead of dining there

idea posted by Gajanan Mamidwar Management Trainee, Computational Research Laboratories
You can carry parcel for curry and dal.You can prepare chapatis and rice at home.Have you ever wondered how much cooked rice costs at home and at restaurant??
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by Nitin Anand, SAP Consultant, J P Morgan  | 12 10 2010 10:37:28 +0000

thats an unhealthy idea !!

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Re use the products till its last avilable utility

idea posted by Pramo ffffffffffff, fffffffff
Re use the products till its last avilable utility Plan & Purchase your 1weeks Groceries only at once in a week
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idea posted by LAXMAN KESHWALA Freelancer, Telecom/ISP
It is the best way to stop worldwide cotton mills and garment industries to live nudely.It is our right from birth,why become dependent of garments.We can live without wearing.Actuall every one internally loves it.I hope that nobody will accept this idea because it is the only fact which I can give you.
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Go to your office in groups

idea posted by Jagdeep Ohlan Engineer Maintenance, ACPL
if you go to office in seperate cars you spent more on petrol & other expenses
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