If you are planning to make a big investment, then you must learn to be frugal. Take a look at the following column to understand the process. A House, we know is a one time investment. We work for our entire life and the savings that w make, is to invest in something worthwhile. In today’s market, keeping in mind the economic downturn, there has to be savings and assets bought. You need to concentrate on how you can work and save money. This money will be very important for the future. Therefore, when you start spending money, if you are a spendthrift, then this column is a must read for you. Before it is too late, you must learn how to be frugal. There is no other way but to understand why savings is important. To understand this in details, let us take an example.
You want to buy a house, for instance. You are looking for a proper flat that will have a great location setting and will be luxurious. You can consider buying the serviced apartments in EM Bypass. After you talk to the promoter or builder, or it can also be the real estate agent, you need to book it. To book the flat in Kolkata, you must take a look at certain aspects like:
a. Whether it has a community.
b. What services are provided in the serviced apartments?
c. Whether any facilities are there like gym, swimming pool, community
hall, lawn and playground.
d. Security.
e. Distance from market and school etc.
The next plan of action will be to take a look at the apartment that you are buying and make changes in the setting. The changes can be in terms of making place for an extra cabinet, or having a wall hanging. If the apartment is small, then it is a good idea to have hanging cupboards to save space. This is house; you should plan and invest in your new apartment. Remember, it is imperative to have a house. So, treat your savings well.
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