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How to grow your money by investing and minimal spending

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Spending is sometimes used to mean investing, but there are several differences between them. Learn the difference between spending and investing to grow your money. Spending and investing are comparable in that you spend money when you buy goods like a new phone, a car, or investment assets. But where should the line be drawn between spending and investing? Here are the details on the difference between spending and investing : Spending : In general, you spend money to maintain your standard of living, which includes paying off bills, utilities, and rent. You also have to pay for food, transportation, debt, subscriptions such as Netflix and Spotify, your phone bill, and other fixed expenses. These are the types of expenses that you can no longer recover—they are no longer recoverable. Spending is not inherently bad. It's your money, after all. Frequently, you spend a large percentage (if not all) of your money on goods that give you rapid gratification (e.g., ne...

Here's What Happened to the Old 500 and 1000 Rupee Notes 5 Years After Demonetization

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On the night of November 8, 2016, Prime Minister Narendra Modi demonetized all 500 and 1000 rupee notes. The Reserve Bank of India (RBI) reported in 2018 that 99.3 percent of the old notes have been handed to the banking system. Today, more than 5 years after that historic announcement, when tens of thousands of people queued outside banks to exchange their old notes for new ones, one issue remains unanswered: what occurred to those old notes? What did the Reserve Bank of India (RBI) and the government do with the old banknotes? What did they do with them? Did they reuse them or other? What Happened to the Notes That Were Demonetized? The demonetized currency gathered from banks is processed through a monetary authentication and processing system that can distinguish between real and phoney notes, according to prior assertions by RBI officials. After that, the demonetized currencies are shredded and turned into coals, which are compressed garbage blocks. Tenders ...

Top 5 ways to make money on Instagram in 2022

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Instagram has become a great platform to earn money online. Find 5 top ways to make money on Instagram this year. Are you one of those who look for ways to generate money on Instagram. Then you should consider sharing more than just your photographs and videos. Companies are drawn to specific groups on the social networking app, even if the number of members is in the thousands. You may be able to earn money if your followers suit the profile of consumers that a business is attempting to reach. Not interested in being an influencer? Consider selling your own products. As of April 2021, the top five Instagram influencers each had over 200 million followers. Influencers with a million followers might earn up to $670 every post. On Instagram, a content producer with 100,000 followers can earn around $200 every post, while someone with 10,000 followers can earn around $88 per post. More followers + more posts = more money, according to the Instagram success formula. You may ...

How to start a business with money saved from various sources?

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Do you want to do business, but fall short of the money required to start it?. Find out how to start a business with money saved from various sources. We live in an era where most businesspeople agree that you must go into debt to start a firm. This idea is deeply ingrained in our Indian DNA; it does not occur to us that we could save aside the money we need to start a business and avoid going into the red. This does not happen to us because many of us do not have nearly enough money to start a business. There is no reason for why you, like most Indians, are troubled by these difficulties. You can't get past these obstacles and save enough money to start a business. Here's how to start a business with money saved from various sources. Get Rid of Your Debt: Getting rid of your pending bills is one of the best ways to save money. Perform a quick calculation on your regularly scheduled instalments as a whole. If you're like most people, you spend hundreds (...