Pranjal Kamra on how to curtail lifestyle expenses and save money
Pranjal Kamra, CEO of Finology Ventures suggests following the 50-30-20 rule, where 50% of income is allocated to needs, 30% to wants, and 20% to investments. Kamra also recommends avoiding impulse purchases by using UPI or debit cards instead of credit cards, setting up manual payments instead of auto debits, and uninstalling shopping apps to prevent unnecessary spending.
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