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How to Control Micro Expneses: Often we pay attention to big expenses, but small expenses (Micro expenses) quietly loosen our pockets. Coffee, SnacksOnline Subscription Or these expenses such as cab rides look modest, but at the end of the month they turn into large amounts. In this article, we will tell you how to identify these unseen micro-expanses and how to control them.

What are micro-expanses?

Micro-expanses are small expenses that we consider or habitat, but in a long time they become large amounts. As-

• Often take coffee from cafes
• Online subscription we don’t even use
• Repeated order ordering
• Useless online shopping
• In-app purchases on online games or apps

Why does their effect big?

Initially these expenses look small – ₹ 100 or ₹ 200. But if they are added for a month or a year, then they reach thousands. For example, if a coffee of ₹ 150 is taken 25 days daily, then ₹ 3750. They can become more than ₹ 45,000 in a year.

Ways to identify micro-expanses

Track spending

Note every expense in a mobile app or diary.
At the end of the month, see how much money was spent on unnecessary things.
Check bank and UPI statement

See every transaction and mark which expenses were necessary and which was not.
Audit subscription

See which service is being used and which is only eating money.

Measures to stop micro-expanses

Keep records of expenses

Make a habit of writing small and big expenses every day. You can use notebooks, mobile notes or spending tracking apps. This will let you know what unnecessary money is going on.

Increase the use of cash

It is easy to spend money from digital payment, as we do not miss immediately. Try to spend small expenses with cash, you will think before spending.

Check subscription

Streaming, music or app subscription that you are not using, cancel them immediately. This will directly prevent unnecessary expenses.
Adopt ‘Cooling of Period’

Give yourself 24 hours before purchasing anything online or offline. This will reduce Impulse Boying (purchasing without thinking).

Decide weekly budget

Create a fixed budget for small expenses and try to stay inside it.

Benefits of controlling micro-expanses

• More savings at the end of the month
• Financial goals to complete early
• Unnecessary debt prevention
• Discipline in spending

Micro-expanses are small in appearance, but they can disturb your big financial plans. If you adopt some awareness and discipline, then you can control them easily. By saving these money, you can get good returns by investing every month. Remember, savings start with small steps.