Updated on: 10 April 2023
Published on: 9 December 2020
Moving to an entirely new city with no family support and warmth from your friends can get on your nerves. In contrast to our hometowns, most metro cities are typically taxing, making it harder to live and handle your expenses. You will need to manage a lot on your own. While we’ve shared money management tips for the festive season and for millennials, some tips on money management in metro cities, should hopefully help make your experience throughout the year, an easier one. We’re happy to help:
6. Get into a Part-time job – In spending some extra time to earn some extra bucks, there is no harm. You can check out several job websites where you can make money while sitting at home and working. Even an hour of daily work will give you 4-5k per month.
7. Keep some money for small investments – Try putting some money as an investment per month after setting aside some cash for monthly expenses. Be sure to set aside any money in a fixed deposit or savings account, be it as little as 100 or 500 bucks. It will give you some financial protection, and in case of any emergencies in life, you will still have some number.
Staying alone in a new city encourages you to consider yourself and your limits and guides you to find ways to cope with every challenging situation. If you can master the art of balancing your budget, then in every city you go to, you’ll have a great time. So go out and enjoy life there but don’t forget to keep the Fibe app handy!
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Category : Finance
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