I have always been inclined towards making money online. I have tried various methods to earn online including file sharing, article writing, data writing jobs, bogging etc. My first pay cheque was only for USD 125 which was from a file sharing site easy-share (closed now) in January 2007. I got too excited and spent the last rupee on unnecessary things.
Thereafter I started learning other methods to escalate my online earnings. The pay cheque got increased from USD 125 to USD 525 within a few months but one thing remained same that was my spending habit. I used to spend all my earning on things like gadgets, party, clothes etc.
My dad always used to give me a #SachchiAdvice and used to tell me to save at least half of money and put it in Fixed Deposit for some unforeseen expenses, since I was a student at that time I never listened to him. Then came the disaster, I invested all my money into share market, without knowing the basics of trading. For first few weeks everything was going smooth, then I made another mistake of buying expensive laptop on EMI. Since my expenses were increasing month by month but my earnings got stuck at particular level. I could not even withdraw money from share market as I was in a huge loss.
Finally I had to borrow a hefty amount from my parents to pay for the Laptop. After that I withdrew half of my money from share market, put it in FD and made a promise to my dad that whatever my earning would be I would always try to save atleast 30% of it.
I started my professional journey couple of years back and currently all my savings stand at around Rs.30 lakhs and I have no loans or outstanding EMI. I still save around 25% to 30% of my earnings and I also have a life-insurance, which keeps me and my family secured at all times.
I always thank my dad for his #SachchiAdvice that made a difference to my life.
If you have got such #SachchiAdvice which changed your life and made it better, do share with us in comment box.