How to manage your money?

This guide is mainly written for young people. Boys and girls, who just start earning know little about tax, mutual funds, PPF etc. However, it can still be used by people who already know about money management too. It covers all the basics in an easy to understand, simplified way!

If you know someone who has just started earning and will find this information useful, please do recommend it to them.

Introduction

This guide is a little sad! When you get your first salary, the last thing on your mind is “investing” and “tax” and other such issues. You probably want to use your salary to buy yourself something or spend the money on entertainment, watching movies, partying etc. However, this guide is going to tell you that you need to manage your money. You can enjoy yourself, but you also need to save and invest and use your money properly. So I guess the obvious question is...