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Are you A Financially Responsible Person? Read This.

Abhilash Gupta
Oct 15, 2018 · 3 min read
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1. They Avoid Debt

“A Financially Responsible person would want to quickly come out of Bad Debts.”

2. They Have a Budget

3. They put at least 20% of what they make in Investments or Savings

“Financially Responsible person is aware about the different ways of growing his wealth and making money work for him. The best thing money can Buy is more money.”

4. They use Credit Card wisely

“Financially Responsible person knows the difference between his Needs and Wants. They use their credit card just to buy their needs and avoid impulsive buying.”

5. They follow ‘Less is More’ Principle

6. They Track their Expenses

“They track their spending patterns and always find ways to reduce their unnecessary expenses.”


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Abhilash Gupta

Written by

Writer at FinCalC Blog (https://fincalc-blog.blogspot.com) | Android Developer | Blogger | Reader | Vlogger | About Me (https://about.me/abhilashgupta)

Data Driven Investor

from confusion to clarity not insanity

Abhilash Gupta

Written by

Writer at FinCalC Blog (https://fincalc-blog.blogspot.com) | Android Developer | Blogger | Reader | Vlogger | About Me (https://about.me/abhilashgupta)

Data Driven Investor

from confusion to clarity not insanity

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