With the abolishment of 500 and 1000 rupee notes from currency common people is in a dilemma of how they would manage their regular expenses without the basic currency. Especially the day –to-day requirement of money for grocery, local bills (milk, school/tuition fee, LPG cylinder, water), shopping etc. would certainly get badly affected by this decision of the government.
You can deal easily with this matter if you play smart with your money, let’s see how?
Since there is no effect on plastic money i.e. debit /credit card you can pay your apparel, lifestyle shopping bills using plastic money. As you can transect 2000 rupees per day from the ATM, manage all your local bills like milk, newspaper etc. to that money. Good news is in urban areas grocery is also available online so that could also be managed without spending cash. For the rural area, one can manage by paying bills in fractions or dividing everyday requirements on a priority basis. Use public transport to avoid petrol/diesel bills or you can opt ride sharing. However, petrol pumps also give the facility to pay bills using debit/credit cards.The common man has to face little hardship during this currency scarcity but thanks to the technology we can manage our expenses smartly without affecting lifestyle.
How denomination of 500 and 1000 rs note will affect the lifestyle of a common man?
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