5 Tips To Save Money While Making Your Electricity Bill Payment!

Who doesn’t like saving money, right? Especially us Indians, we literally jump at the idea of saving some money. So, it doesn’t come as a surprise that we would want to do some savings while making our electricity bill payment as well. But how do you do that? Don’t worry, we’ve got you covered.

Enlisted below are 5 tips for you to save money while doing your electricity bill payment online:

  • Examine Billing History And Identify The Problem

The easiest way to save money on electricity bills is by seeing if you can continue to survive despite consuming a little less power. So, if you think your bills are getting higher lately and want to cut down on the usage, check your recent bills and analyse your recent lifestyle changes to see if there’s anything that is suddenly increasing your bill, or if there’s anything you can stop using to reduce your bill.

  • Find Solutions Or Alternatives

Now that you’ve identified the problem, try to find alternatives or some kinda solution for it. You could switch up the lights in your house to LED lights as they consume 75% less energy than your regular tube lights. Make it a habit to turn off and unplug devices when not in use(this applies to AC as well).

Use motion detector lights that only turn on when you’re nearby. Use cold water to wash your clothes and air dry them. Do not leave the geyser on for long. You could use all of these tips and more to reduce your electricity consumption.

  • Pay Electricity Bill Online

Once that is sorted, let’s move on to the next aspect, which is how you pay your bills. If you still pay electricity bills offline, you’re obviously spending more money by travelling to the centre or bank to pay your bills and back home. All of this can be avoided if you pay your electricity bill online.

Now, if you’re wondering how to pay electricity bill online, it’s extremely easy. All you need is an electronic device such as a mobile phone, tablet, laptop, etc and a stable internet connection. Then using a payment portal such as the Airtel Payments Bank, you can easily pay your electricity bills while saving your travelling money.

  • Settle Your Dues On/Before Time

Never, ever, delay your electricity bill payment! If your payment is delayed, you might incur a fine. So, to avoid that, settle your dues on or before time. And with online payment apps such as Airtel Payments Bank, you would also get regular reminders so that you don’t miss out on your due date for any reason.

  • Get Discounts And Cashback Offers

These days almost every other payment app or website offers lucrative discounts and cashback offers to consumers for simply using their app. One such payment portal is Airtel Payments Bank. Not only does it provide exciting offers but it also charges you the exact billing amount. Unlike some other portals, there are no hidden charges at all, making it an ideal choice for electricity bill payment.

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3 Stages in Your Life When a Guaranteed Savings Plan Can Be Beneficial

Financial goals in life keep changing at different stages in life. It depends on the life stage of the family and the extent of family commitments. If you are the only breadwinner in the family, you have to properly estimate your needs for making an effective financial plan. A guaranteed return insurance plan helps you to have a savings plan for the requirements at different stages in your life. This can reduce the financial burden considerably.

What is a Guaranteed Return Plan?

A guaranteed return insurance plan is a savings insurance plan that will serve dual purposes. First, it will provide the death benefit to your nominee if you meet with an unexpected demise during the policy term. Second, it provides guaranteed returns. As the returns are guaranteed during policy inception, you can plan for a financial commitment close to accuracy.

The guaranteed returns can be available as a lump sum amount or as regular income monthly or annually. The guaranteed income benefit will be a discounted value of all the guaranteed annual income payable on maturity. The guaranteed annual income will be a certain percentage of the sum assured, and it is fixed. The percentage calculation varies between different insurers.

Here are three stages in life when a savings insurance plan can be beneficial.

  • For your child’s higher education: Your child’s higher education is an important financial commitment. It is your responsibility to provide the right and best standards in education at different stages in your child’s life. You can decide on the amount required based on the type of education you are planning for your child. It will be based on the time horizon as well.

For example, if you want to send your child for higher education abroad in a reputed foreign university after ten years, you can invest in a savings insurance plan now. On maturity of the plan, you will receive a guaranteed return.

  • For your retirement: Retirement planning is one of the most important priorities in your life. As the returns are guaranteed, you can decide on the amount required and fix the tenure and premium accordingly. As the savings insurance plan offers different payout options, you can use the guaranteed annual income or the regular income plan.

You can calculate the amount you require on maturity based on your living expenses and other financial goals after considering the inflation rate. With TATA AIA, purchasing a guaranteed savings plan is possible at the click of a mouse.

  • Financial assistance to your dependents in your absence: Providing the necessary financial assistance to your dependents, spouse and parents is your primary responsibility. You have to ensure their financial security after your retirement and in your absence or a bad medical condition. With the insurance component in the guaranteed savings plan, you can avail of the rider options to extend the benefits.

For example, the critical illness rider benefit will ensure a portion of the sum assured payable for your medical expenses. It will reduce the burden on your dependents. In case of your sudden demise, your dependents can use the lump sum to pay off your debts and the guaranteed income as a regular monthly income for their routine requirements.


A guaranteed savings plan is one of the best investments for different stages in your life. You can use it for your child’s education at your middle age, your retirement expenses at your old age and your dependents’ financial security throughout your life or in your absence. So stay invested and live without financial worries

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Tips on Cutting Back on Expenses and Saving Money

The world economy today is truly insecure. Stocks go here and there every day. Item costs keep shooting up. Compensations get cut all over the place. Joblessness continues stressing the nation. These days, there’s actually no space for extravagance and abundance (aside from perhaps for the rich and amazing). Individuals need to discover approaches to cut expenses and set aside cash. One major misinterpretation about setting aside cash is that it’s hard. In all actuality you can set aside cash in the most reasonable manners. Be that as it may, altering your ordinary timetable only a little piece, you can spare yourself and your family unit a ton of cash over the long haul. Here are a couple of tips to save the easy way:

Vitality is something that is over the top expensive nowadays. Vitality is controls for all intents and purposes every single material thing in this world. On the off chance that you spare a tad of vitality consistently, you in the end spare a ton over the long haul. One approach to spare vitality is by killing the intensity of machines and gadgets that you are not utilizing. Likewise, when not utilizing an apparatus or hardware, make a point to pull the fitting on it. Notwithstanding when killed, an apparatus will retain power as long as it’s connected. This basic signal will spare you a great deal over the long haul.

Another of the numerous simple tips to set aside cash is by eating home-prepared nourishment. Eating out isn’t just progressively costly, it is additionally less solid. Keep in mind that cafés are organizations before whatever else. Their need is to benefit from you. Most dishes would cost twofold or triple when requested in cafés. Why go for something progressively costly and less delectable when you could set it up at home and make it more advantageous and increasingly heavenly? Taste and wellbeing astute, nothing beats a home-prepared dinner.

You can likewise spare by imparting to other people. Of the considerable number of tips to set aside cash, this one must be the best; in addition to the fact that you save cash, you likewise security with someone else simultaneously. A genuine case of sharing is getting a flat mate. Rather than living alone in one space, why not search for a flat mate that you can share you space with? In addition to the fact that you save cash, you additionally increase another companion.

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3 Incredible Money Saving Tips For The Home

These days, it is tied in with setting aside cash. Wherever we look; there will be adverts instructing us to get a good deal on fuel by diminishing our fuel consumption by driving all the more monetarily, or even how utilizing a dependability card at our nearby general store can help. Regardless of whether it is fuel for a vehicle, or the nourishment in our pantries, setting aside cash during hard financial occasions is something that everybody needs to do.

The house is one of the spots where bunches of cash can be squandered, or spared. What many individuals don’t understand, is that they could begin setting aside cash, at this moment! As a great many people spend most of their salary on their home, it bodes well this will be where they remain to spare the most.


Protecting a home adequately is an advantageous speculation. It may imply that the individual should expense some money in any case, however over the long haul, it will pay profits. Actually, numerous spots all through the UK are qualified for awards, which are given by the administration, so it merits addressing the neighborhood gathering. Many will cover a few or the majority of the expense identifying with getting a home protected accurately, which means this cash sparing overhaul, probably won’t cost a penny!

Protecting a home will imply that during the colder months, warming frameworks are not required. Any warmth that is inside the house can remain in the house. This, yet when warming frameworks are utilized, the warmth they produce won’t be squandered because of poor establishment. This clearly implies the general expense identifying with this utility will be diminished hugely.

Efficient Appliances

Diminishing the general expense of warming is effectively done. Each utility can without much of a stretch be diminished by introducing vitality sparing apparatuses. For example: lights, pots and even cookers. More seasoned machines will in general utilize significantly greater power and in this way, cost much more cash over the long haul.

Apparatuses are ending up increasingly efficient, so next time one is supplanted, ensure it is a vitality sparing machine that is utilized. All major electrical retailers will show subtleties of the utilization of their items on the bundling, so do a speedy examination before really obtaining any. They may be marginally progressively costly, yet like numerous things, this is a speculation that pays back in the long haul.

Be Smart

It is stunning to perceive what number of individuals are as yet squandering vitality. Truth be told, numerous individuals are burning through cash protecting their home and notwithstanding getting a portion of the machines referenced previously. What they probably won’t understand, is that they should simply to be brilliant to begin setting aside cash in their home. Doing things, for example, turning off lights, possibly utilizing the warming when vital and just placing enough water in a pot that is required will all lessen power use. All these little things include and after some time and they have an amazingly huge effect.

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5 Effective Ways To Cultivate The Habit Of Saving Money

Setting aside cash is the craft of saving some measure of cash for sometime later. The solitary motivation behind why such a significant number of individuals don’t generally get enough cash to do what they need or need is on the grounds that they don’t have a decent sparing propensity. In this article you will learn 6 viable approaches to enable you to begin setting aside cash.

1. Figure out what you need:

It is significant that you figure out what you need to do with cash and when you would need to utilize it. Doing this will help find out what you should save and over what timeframe, for example, in the event that you want to spare $5,000 inside a half year, you ought to spare about $830 consistently. This sum can likewise be separated into weeks or days relying upon your accommodation. What makes a difference most is to guarantee that you have a time span for which to achieve your objective.

2. Guide Out a Plan:

Having built up what you need to do with the cash you mean to spare and over some undefined time frame, your next undertaking will be to thought of an arrangement of how you plan to approach the sparing. Your arrangement should involve where to set aside the cash, do you need premiums, how regularly you should spare and so forth. Arranging will enable you to arrive at your objective a lot simpler and it will deal with any unanticipated hitches in transit.

3. Order:

One of the significant motivation behind why loads of individuals neglect to develop the propensity for setting aside cash is on the grounds that, they do not have the order required to compelling draw through with the arrangement of sparing. Order causes you remain engaged and focused on your arrangement. When you have an arrangement set up to set aside some cash over some stretch of time, you need control to see you through it. A few interruptions may come up en route, yet control will empower you pull through.

4. Penance:

Sparing requests that you swear off some ordinary spending schedule, truly once you have decided to begin setting aside some cash, you should make a few forfeits so as to accommodate your investment funds. By giving up some relaxation, it implies you are profiting accessible to spare. For this situation, you should separate between your needs and needs. Probably the most ideal approaches to set aside cash is to abstain from spending on things you needn’t bother with. Moreover, when you penance, you ought to likewise have it at the back of your mind that it is for a worldly premise. That is the reason it is significant that you have a time span for your sparing.

5. Convey Everyone Along:

Over the span of setting aside cash there are such huge numbers of things that will change with you, particularly in the event that you have a family or ward. For this situation, you should try to convey your family and whatever other individual who relies upon you monetarily along. You ought to have the option to convey you objective to them, am certain on the off chance that you are persuading enough, they will prevail upon you.

Setting aside cash is the best method to wind up well off throughout everyday life, no big surprise just the individuals who develop the propensity for setting aside cash can get by in the present economy.

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Cash Saving Tips

Living from check to-check, many disregarded the benefit of having reserve funds until unexpected conditions emerge that profited a similar way once more.

In any case, why given a deplorable happening a chance to happen in your life just to become familiar with its exercise and importance when, by doing little yet incessant advances, you separation yourself to such approaching issue, saw or something else.

Here are some cash sparing tips that could spare you from any future catastrophe including cash:

1. Open a Dedicated Savings Account

Like any initial move towards the way of making a few reserve funds, opening your own for investment funds just record is an unquestionable requirement. Not at all like your essential financial record which you use to store and pull back cash from, this devoted bank account is carefully for cash statements as it were.

For ideal advantages with respect to financing cost, search for a bank which offers “higher-than-swelling” development rate, which is something you may need to by and by ask, if not embraced to you.

Bank account

2. Cut Out Unwanted Expenses

Be it a month to month administration membership you never again observe as valuable to you or a propensity that just depletes your cash, many are blameworthy about spending on something on a month to month premise that they can truly live without.

Some portion of keeping yourself free from undesirable costs is by realizing which costs merit keeping from which are not and do the fundamental strides in cutting those that are from the last mentioned.

3. Be Systematic

On the off chance that you are as yet unused to making a sparing out of your each pay, chance is great that your initial couple of endeavors at reserving some cash as an afterthought might be conflicting and unpredictable at any rate.

In any case, in the event that you are not kidding in setting aside some cash for future contemplations, at times adhering to an attempted and-tried equation might be a decent start at restraining yourself about cash.

One such prevalent equation that is turning into a platitude among cash cognizant people is the “80-20” rule which proposes sparing 20% of your each salary, in any case how little, while uninhibitedly spending on the 80%.


4. Figure out How to Invest

Give your cash a chance to work for you. Try not to go into make easy money speculation trick and guaranteed extremely high ROI (Return of Investment). It’s conceivable to get exceptional yield in Forex exchanging and stock exchanging however there’s no assurance that you will persistently increase due to all over of the market.

There’s constantly a hazard in each speculation. Peruse books, go to classes and courses about contributing. Attempt to adapt present moment and long haul speculation, high return venture, stocks, common reserve, UITF.

Realize the contrast among Investing and Trading. Contributing is long haul, you will purchase, hold and sell following quite a while. Exchanging is present moment, which means on the off chance that I purchase today, at that point sell following couple of days, weeks, months. In Forex exchanging, different merchants purchase and sell inside seconds, minutes and hours.


5. Acquire Some Money as an afterthought

With such a significant number of channels you can tap-on the web, cell phones, or, in actuality, situation making cash has been caused simpler insofar as you to approach these methods.

When you are experiencing difficulty bringing home the bacon in order to give path for investment funds, once in a while producing various salary streams might be the better alternative just to spare.

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4 Step Guide To Saving Money

Figuring out how to set aside cash is extremely basic, regardless of whether you are hoping to escape obligation or to improve your money related circumstance. Shockingly, this is a down to earth ability that isn’t educated in school. A great many people along these lines experience experimentation possibly to get disappointed when they see no outcomes. So they surrender presume that it is too difficult to even think about doing.

Setting aside cash fundamentally includes spending not as much as what you procure and keeping enough aside for sometime later and for unexpected conditions like crises.

Albeit setting aside cash is moderately simple, embracing the propensity for setting aside cash is the place the vast majority appear to have an issue. This is chiefly on the grounds that they endeavor to save money on drive, possibly because of a close to crisis, or in the wake of seeing a companion or relative in a difficult situation.

In the event that you truly need to build up the propensity for setting aside cash, make yourself responsible to a companion whom you really trust. It is significant that you pick a companion who won’t put you down or ridicule you when things don’t go as arranged.

Pursue an organized methodology utilizing this 4 stage manual for setting aside cash:

Stage 1 – Determine precisely how a lot of cash you need to spare

When you know the definite motivation behind why you are setting aside cash, you can sensibly assess how a lot of cash you have to spare. This gives you a setting inside which you can think of an investment funds plan. It resembles taking a gander at a mountain you need to ascend, and enough setting yourself up with the correct instruments.

Stage 2 – List down the things you are wanting to forfeit so as to spare

Since you know precisely how a lot of cash you need to spare, you should have the option to recognize what you are going to forfeit so as to accomplish your objective. What the vast majority don’t understand is that it is the little costs that have a significant effect. You can most likely abandon that morning visit to your preferred bistro, and decide on a home prepared dinner other than eating out each night.

Stage 3 – Clearly characterize a timespan over which you will set aside cash

The time span that you offer yourself to accomplish your investment funds target will decide to what extent you will bring about the penance of abandoning a portion of your needs. This makes it simpler for you to center. An intense adventure winds up endurable when you realize precisely to what extent it will take to arrive at your goal.

Stage 4 – Track your advancement

To ensure that you remain on objective, check your advancement all the time. This will enable you to make further alterations with respect to your ways of managing money. You will likewise increase a ton of certainty when you start seeing a few outcomes, and before you know it, setting aside cash will turn out to be natural to you.

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