
Crude Oil Price is rising.
it is tarded between 125-130 US $ per barrel.
In india, Petrol prize is Rs. 52 per Litre.
According to Analysts, Crude Oil Prize will hike to $ 141 per barrel by year 2008 end.
The only solution of this problem is passing this burden on Public.
Petrol prizes Must have to rise by 30%. this is the only solution of this problem.
But UPA Government can't do this. bcoz of 2 reasons.
1) Election is 1 year away
2) Inflation is all time high in India (7.50%)
So after election, the petrol prize has to rise by 30%
30% rise means 1 Litre petrol will be Rs.65 to 70 per Litre after next election.
This will be too much rise.
Countries like USA & Indonesia has alread rise this 30% prize at Consumer Level.
So One need to rebalance his/her Monthly Budget.
if u don't rebalance your monthly budget than there will be no Money left at the end of Month for Savings & Investing.
Savings & Investing is Must for Financial Freedom and Future Financial Goals.
So here r 3 ways to Cut down your Monthly Expenses......
Way - 1) Cut down Un-necessary Travelling and Long-drives -
I know that all of u Love to travel and driving.
but u have to cut down your long-drives and un-necessary travels.
if u go to long-drive weekly than now go twice a week.
this is very important.
Way - 2) Cut Down Movies in Cinema Halls -
if u go for a movie in Cinema every week than now onwards...u go once every twice a week.
This will cut down your monthly expense and something will left out for savings & Investing at the end of Month.
Way - 3)Cut Down your outside Dinners -
if u go for a dinner every week than now onwards u go once wbery twice a week.
in this way u will reduce your Outside food expense.
See...
u understand the difference between Need & Want.
Need is something which is necessary like food, house, transportation...etc.
Want is something which is your desire like movies, long-drives, Hotels, restaurants...etc....
so understand the difference between need & want .
And than Cut Down your Wants.........!!!!!

