Examples to save money

01. OPENING FIXED DEPOSIT(TDR/ETDR) AT STATE BANK OF INDIA (SBI)
Minimum amount needs to be 1000.00 INR
DO NOT OPEN MULTIPLE FIXED DEPOSITS TO BE CLOSED ON SAME DAY, SINCE IT USED TO HAVE SOME EXTRA DEBIT CHARGES OVER THE INTEREST.

We can use following steps at any BANK as per those bank's interest rate. Eg: Following steps at State Bank of India(online without going to government BANK): SBI FIXED DEPOSIT RATE FOR 7 DAYS TO 44 DAYS AT SBI: 2.9% DURING 2022 and 2023. I am not writing more days, since each month having maximum 31 days.

ACTION	TODAY DATE(EXAMPLE):	SPEND/WASTE MONEY ON	NO OF DAYS	SBI ETDR RATE	INTEREST	ROUND(INTEREST)	SAVED AMOUNT	GAIN	SPENDING/WASTED AMOUNT
RENT HOUSE WATER BILL	Wed 26-Oct-2022	Thu 10-Nov-2022	16	2.9	1100.00 * 2.9 * 16 / 36500 = 1.39 Hence use 1180.00 1180.00 * 2.9 * 16 / 36500 = 1.50	02.00	80.00	82.00	1100.00
HOUSE RENT ALLOWANCE HRA	Wed 26-Oct-2022	Tue 01-Nov-2022	07	2.9	8500.00 * 2.9 * 07 / 36500 = 04.72 Hence use 9890.00 9890.00 * 2.9 * 07 / 36500 = 05.50	06.00	1390	1396	8500.00
RENT HOUSE CURRENT BILL	Wed 26-Oct-2022	Tue 15-Nov-2022	21	2.9	1300.00 * 2.9 * 21 / 36500 = 2.17 Hence use 1499.00 1499.00 * 2.9 * 21 / 36500 = 02.50	02.00	199.00	201.00	1300.00(MAX ASSUMPTION)
After opening fixed deposit, REMEMBER TO SUBMIT 15G(tax related) form using same SBI internet banking. Open the fixed deposit exactly on due date excluding 1 day after/excluding 1 day before. Check account balance at SBI on closing date. If not closed till 08:00 AM IST, manually close that account.						SAVED INTEREST 10.00	SAVED AMOUNT 1669.00		TOTAL SPENT: 10900.00

I USED TO HAVE REMAINDERS(AUTOMATION) AT COMPUTER FOR MY PAYMENTS. I CAN OPEN ANY NUMBER OF FIXED DEPOSIT ON SAME DAY. HOWEVER THE CLOSED DATE OF EACH FIXED DEPOSIT NEEDS TO BE DIFFERENT DATES. FIXED DEPOSIT CAN BE OPENED TO HANDLE:

CURRENT BILL AT(01 DAY BEFORE DUE DATE)	PREPAID BILL AT	POSTPAID BILL AT	INCOME TAX RELATED BILL	OTHER PAYMENTS
RENT HOUSE	OWN MOBILE	MOBILE	LIC	WATER BILL/VEG SHOPPING/MUSIC CLASS
OWN (DADDY/MUMMY) HOUSE	PARENTS MOBILE	LAND LINE INTERNET	SCHOOL FEE/MEDICINES/POST OFFICE MIS/POST OFFICE NSC	SAVING TO BUY NEW HOUSE
SISTER'S MIS	INTERNET (EXCEPTION: ELECTRICITY NOT AVAILABLE)		HOUSE RENT/80G DONATION	MONEY TO MUMMY/DADDY

02. OPENING FIXED DEPOSIT AT POST OFFICE. => LOCKED FOR FIVE YEARS AND WE NEED TO DEPOSIT MONEY EACH MONTH.

03. OPENING RECURRING DEPOSIT AT POST OFFICE. => LOCKED FOR FIVE YEARS AND WE NEED DEPOSIT MONEY EACH MONTH.

04. OPENING MONTHLY INSTALLMENT SCHEME AT POST OFFICE. => ONE TIME DEPOSIT AND LOCKED FOR FIVE YEARS. WE CAN RECEIVE INTEREST EACH MONTH. IN TURN WE CAN DEPOSIT THIS INTEREST TO FIXED DEPOSIT TO GET INTEREST OVER INTEREST.

05. EACH TWO WHEELER NEED TO HAVE INSURANCE AND EMISSION TESTING AS PER INDIAN TRAFFIC RULES. IF NOT, WE NEED TO PAY FINE TRAFFIC POLICE OR ONLINE.
I FEEL TO REGISTER TWO/FOUR/THREE WHEELER INSURANCE FOR ONE YEAR. OPEN FIXED DEPOSIT TO RECEIVE THAT MONEY BACK EXACTLY ONE DAY AFTER EXPIRY DATE OF INSURANCE.
NEVER EVER RENEW FOR MORE THAN AN YEAR. REASON: WE CAN GET INTEREST OF THAT AMOUNT WHEN OPENING FIXED/RECURRING/MIS DEPOSITS.
I HAVE SEEN "BEGGER_INSURANCE_COMPANY" ASKING ME TO BUY INSURANE IN ADVANCE USING:
SENDING ME AN EMAIL WHICH USED TO HAVE AUTO REPLY => I MADE THAT EMAIL TO SPAM
SENDING SMS TO MY MOBILE
INVALID CALL TO ME TO PAY MONEY IN ADVANCE
A LOT OF TIMES
I HAVE CALLED AND EMAILED A LOT OF TIMES FOR DND (DO NOT DISTURB ME USING CALL, SMS AND EMAIL). IT WAS OF NO USE, SINCE IT NEVER STOPPED FROM THAT "BEGGER_INSURANCE_COMPANY".
I DO NOT WANT TO MENTION THAT BEGGER_INSURANCE_COMPANY NAME HERE.
THIS STATEMENT WRITTEN ON Sun 19-Jun-2022 IST.

Search internet to find the least insurance provider.
My example search:

INSURANCE PROVIDER	URL	AMOUNT(INR)	VIEWED ON	TYPE OF TWO WHEELER
ACKO	https://www.acko.com	843.00	Sun 19-Jun-2022 IST	TVS MOTORS Suzuki Swish 125CC
ICICILOMBARD	https://www.icicilombard.com	917.00	Sun 19-Jun-2022 IST	TVS MOTORS Suzuki Swish 125CC
SBI GENERAL INSURANCE using any insurance provider(ACKO/ICICILOMBARD/HDFC/...)	https://www.sbigeneral.in	1020.00	Sun 19-Jun-2022 IST	TVS MOTORS Suzuki Swish 125CC
SBI GENERAL INSURANCE using any insurance provider(ICICILOMBARD)	https://www.sbigeneral.in	973.00	Tue 14-Jun-2022 IST	TVS JUPITOR 110CC
ICICILOMBARD	https://www.icicilombard.com	1251.00	Tue 14-Jun-2022 IST	TVS JUPITOR 110CC

06. NEVER EVER OPEN NATIONAL PENSION SCHEME(NPS), SINCE WE HAVE TO DEPOSIT ATLEAST 1000.00 INR EACH YEAR FOR FIVE YEARS ATLEAST.
DUE TO TERMS AND CONDITIONS FROM PUBLIC/PRIVATE BANK THIS FIVE YEARS MAY BE CHANGED TO THE AGE WHEN I REACH 60/70 YEARS.

07. PAY TNEB(Tamilnadu India) current bill using valid banks instead of using invalid banks(STATE BANK OF INDIA/CANARA BANK/INDIAN OVERSEAS BANK).

08. SBI used to charge AMC charges for my relatives once in a year.
Hence use ATM card at that bank who are not having AMC charges.
If you are having more than one bank, better to use only one ATM card at on branch alone. We can transfer from other bank to the bank where we are having ATM card.

09. HANDLE OTP/MOBILE APPLICATION KIND OF EXCEPTIONS AND DO NOT SHARE OTP/ACCOUNT NUMBER/IFSC CODE TO ANY PERSONS OVER MOBILE/PHONE CALL.

10. Immediately close the call, when any invalid number calling you to open loan/insurance/services. Save that number in mobile/computer and block that number immediately.

11. Open Life insurance corporation of india if you are having permenant job.
Open that insurance so that, we can get atleast one lakh(interest) after ten years,
one lakh(interest) after fifteen years and
all amount+interest after 20 years.
I will never open LIC where I need to deposit for twenty years, and obtaining all amount and interest after thirty years.

12. I AM NOT INTERESTED IN:
OBTAINING MONY AFTER COMPLETING WORK USING ONLINE WEB, CHAT AND SHARED MARKET.

13. EXCLDUING MY FIRST AND SECOND COMPANY, I ALWAYS USED TO WITHRAW MY:
a. PROVIDENT FUND
b. PENSION
I used to open fixed deposit(two years obtaining interest each month) using the same.
That interest used to help me a lot:
a. when I am not in job
b. submitting my income tax return(ITR) each year.
c. helping me to donate blind people/chief minister/national defence fund.
d. to pay EMI when I was having my house loan from 2011 to 2016.
e. to buy gold for my child and my wife only once.
f. to buy one laptop for my child/my wife.
g. to give back the money which I used to borrow from my classmate.