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      Aditya Birla Sun Life AMC Limited

      MUTUALLY

      Podcast 10

      My Budget - Managing income and expenditure to create surplus

      Do you always run out of money by the end of the month? It’s time you think of budgeting that will enable you to find a balance between income and expenditure, due to which you will be able to create a surplus budget for investments. The foremost rule of getting closer to personal financing is “pay yourself first.”

       

      Once you know how much you’re going to invest, you can prepare income and expenditure account that includes your fixed and variable expenses. The fixed costs are unavoidable, such as utility bills, EMIs, rent, etc. On the other hand, variable costs include bills related to leisure activities, vacation, shopping, etc. This will help you know where you can control your spending.

      Listen to the podcast for insights on budgeting.

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      Smart Selfie

      My Goal

      To achieving financial independence

      02/05/2030

      02/05/2025

      Create your own goal with "Smart Selfie"

      Plan Now ❯

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      Nivesh Mahakumbh Digital – September 2020 |A virtual conclave on Financial & Emotional Well-being during these unprecedented times

      Tune into our first ever Digital version of Nivesh Mahakumbh where you will get to know ways and means about “How to manage your financial and emotional well-being” during these unprecedented times. This unique event is inspired from our ancient concept of mass gathering and getting life enlightening knowledge from sages which is “Mahakumbh”. Through this “Nivesh Mahakumbh” you will be empowered with knowledge about managing mind to managing money.