SAVE 64% While SHOPPING Using These HACKS | Finance With Sharan #Finance

hey how are you affording all of this everything is on Emi bro I just found out that if you can’t afford something you can just do it on Emi so you realize that you cannot afford any of this but you still bought it yeah YOLO 90% of Indians earn below 3 lakhs in India and they still

want to buy expensive items because they had a status symbol no not this this is just a normal watch man 10 years back I bought for 6,000 rupees how do I know all of this because I follow my man hey no man because 70% of iPhones that are sold in I bought under Emi if you earn a good amount of money

buying all this expensive is fine but if you buy it when you can barely live paycheck to paycheck you’re not buying it but someone is selling it to you now I know what you’re going to say I know I shouldn’t spend money on things I can’t afford but I just can’t stop

myself well I have been there in the past and I have used some tricks that let me to control my lust for materialistic things or if I really wanted to buy something these hacks help me SA a lot of money since I was feeling generous today I thought let me share these secrets with you brokies firstly

we all know how much online shopping has taken over the world everyone sitting in the comfort of their homes scrolling through God knows how many online shopping apps to top all of that doing transactions online has become so easy that we don’t check all the pricing options available from

different stores for that same product to solve that an easy hack is to use price comparison tools like keepa price before price History app Etc they save you from buying something at a premium price you can also set price drop alerts using online tools and gain an advantage of good selling cheaply

a lot of sites provide student discounts for example air vistara offers up to 10% discount on their online class tickets along with extra baggage allowance Samsung offers a 10% discount on their Galaxy devices to students Lear two offers discounts up to 10,000 rupes on laptops and for for people

like him even apple offers student discounts up to 10% on MacBooks and iPads so if you have younger siblings who are college going you can buy these products in their name using their college IDs for something that you absolutely need but can’t really afford check out websites that sell

renewed and refurbished items like Amazon renewed cified Etc don’t be like this nimon who doesn’t need any of this but still bought it pro tip you can check out .in they also sell recertified quality laptops at a $4 50% discount with a 6 months warranty now I know that a few minutes

back I said don’t buy anything you can’t afford but we all know that we will anyway end up buying stuff that we don’t need so for Times Like These there’s a smart way that you can use your Credit card to your advantage consider your lifestyle and get a card

that provides maximum benefit if you’re someone who drives a lot cards providing fuel benefits may be the best for you if you travel by air frequently like I do because I’m an influencer co-branded cards like access bank vistara Air India SBI and and so on would be a great choice for

you Pro tip become a member of intermiles it’s the lifestyle and travel Rewards program if you’re already a member log to Amazon or flip cart via interm this ensures that you get double the benefits from intermiles as well as from your Credit card provider on the

purchases that you make but Sharon such reward programs and Credit cards have an annual fees right and that’s expensive right for example sbi’s Elite card fee is rupees 4,999 may feel like too much of an expense but when you check the Privileges of that card you might

find that there are free movie tickets worth 6,000 rupees also you get a welcome gift voucher of rupees 5,000 rupees and 10 x Reward Points too now that deal sounds pretty good to me if the Credit card offers the benefits you need and if you can recover these fees by all means you

should consider high-end cards while we are talking about shopping smartly to save more how can we forget the cost we incur on shopping in the case of clothes it’s hard to filter what you really need and what’s just a fancy B hey don’t look at me like that bro I need all of this

do not be like him look for clothing that can last and can be paired with existing clothes using mix and match if you have four shirts three pairs of jeans and two jackets then you can combine them to make 24 different outfits sounds good enough right now let’s say I have this brown jacket I

have a yellow jacket I have a black jacket and I have like three four checked shirts I have around five to six t-shirt I have four jeans pants so all in all I have around 20 to 25 clothes how do I know all of this I input all the clothes that I have into this app called a closet another app for

this is something called as smart closet so what this app does is it uses AI to mix and match all of my different clothes and shows me n number of outfits also the next time I go shopping I know exactly what I already own so I can whip up my phone see what clothes I have and see if whatever

I’m buying matches with the clothes that I already have how often have you felt I wish I knew whether I had this clothes and then after you purchase it you go back home and check it out and then you see that you already have that in your wardrobe we’ve all been there now when

you’re done with wearing all the clothes that you have you don’t need to just throw them away you can just resell it there are a lot of resale Markets for Branded jackets bags and

shoes stores like TFT Poshmark free up can help you with the reselling and if you do want to sell them you can also swap your old clothes with other clothes which are available in these apps if you like that give it a try when you’re done with using them now you might say Sharon you

don’t understand some necessary expenditure I had to buy a 50,000 Rupees traditional outfit for my uncle’s cousin daughter’s wedding stupid why are you buying clothes for wearing just once a year according to a wise survey of about 9,500 people 23 person said that they buy clothes

for one time use and then these clothes rot away in the back of their closet there is absolutely no upside for such consumer Behavior rent insert you can find many shops in your locality that rent our clothes for just 10% of their original price and if not local shops you can try this online too

sites like rented Bay sty Le rented an attire or fly rad give you such service I got got a cool wedding outfit which cost 1.3 lakhs for just 6,000 Rupees at flyr Lifesaver right now that we’ve covered online shopping let’s talk about offline shopping if you’re stepping out to shop

keep your belly full because that helps your brain to make wise decisions University of South California Professor Schwartz along with others confirmed in a research report that hunger increases the chance of people buying anything that grabs their attention another study examined the relationship

between actual purchases of fashion shoes and electronics at a mall and the shoppers Dee of hunger in this study hungry Shoppers spent 64% more money and bought 88% more product than those who are less hungry this is mad imagine if you ate 100 rupees worth of food before going shopping you could

save thousands of rupees in terms of unnecessary expenses another trick is to use the money from your liquid funds for fund purchases now we all know that when we try to withdraw money from our liquid funds it will make us wait for a couple of days before the money hits our Savings

bank account you have no choice but to wait until that time wait a minute say during this waiting period you realize that the pair of expensive sneakers is not a need but rather an impulsive purchase once you have that Clarity you may be able to skip that purchase it’s all in the mind guys

and if you’re a business owner this one is going to blow your mind check out the tax exemptions you can get when you buy furniture or gadgets buying in the name of the business can help you claim depreciation on that purchase amount plus GST input tax Credit suppose

you’re planning to buy a new mobile phone you may use it for your business costs if you are a business owner you can buy this phone in the name of your business and claim an input tax Credit once you get the tax invoice with the company name GST number HSN number and Company

address you are good to go when the supplier files the GST returns and pays Taxes to the government you can get that input tax Credit if you are an Equity investor I have some additional tips for you let’s look at the image if you own

Shares of Barta Hawkins cookers Indian hotels company Titan Trident Etc you get a special discount for being their customers they may come with some conditions now I know there’s a lot of burger lovers among you if you own Burger King share which is trading at around 110 to

140 rupes and if you buy two King collection Burgers whatever that is you can save up to 50% on the MRP close to 200 rupees but all in all guys being cautious about one’s mental biases and emotions will make you a better Shopper every rupee save today is going to compound beautifully over the

next 20 to 30 years if you invest it properly for example check out your monthly spending suppose you can reduce it by only 3,000 rupees using the tricks above and invest them by an sip after 30 years you can expect this investment to be close to 1 CR assuming even a 12% per year return if that

motivates you get your ass in line I use all of these methods that we discussed today and I am a personal Finance Creator so I know what I’m talking about guys I still

use just my phone to shoot most of my content I don’t have a super complex wardrobe having 10 different items for every type of social situation all these things will help you in the long run not just financially but mentally also your Financial Planning works best when

expenses don’t spiral out of bounds I’m spiraling in today’s world of Consumer Debt it is truly hard to filter out what really is a need and what’s just a fancy buy one such example of a need is that subscribe button you need to subscribe to my channel so

that you can save more money in the future by watching my CashNews.cos until then I’ll see you in the next one