Which is best way to save money?
The options you have stated are not the options for saving money but they are options for investing the money you save. So saving preceds investing. Budgeting is an important element for saving – list out your expenditures of the month, try it out for 2-3 months and you will have an idea where you are spending and then have a budget for yourself, try to stick to that budget with some allocation of saving for yourself. Best way is to have deductions from your salary itself in products like PF, SIPs in MF, RD etc. When you have the habit of saving you can start with active investing.
