Idiot's guide to survive cashless - Give up 500/1000 notes

So the man has done it! Congratulations to Mr. Modi for a historic step towards corruption-free and safe governance. You have to hand it to him.. He has taken this step in the interest of the nation without worrying about how it'll affect his popularity and completely shunned votebank politics. This, at least, deserves a salute!

The night we received the news that 500 and 1000 rupee notes have been banned, it was like everyone's thinking processes overshot. Some headed to the banks.. of various rivers the others went out shopping for tickets to nowhereland and gold while still others were left befuddled. It made us realise that the circulation of 500 and 1000 rupee notes had become so common that the overnight demonetisation step felt like a bolt of lightening! But these past few days have taught me that it is indeed quite possible to live without the darling denominations! Here is my take:

1. Do not shun digital banking: If you have been avoiding the usage of banking apps and websites, now is the time to get started! At first it does present itself as a task but it eases your life a great deal. Life becomes so much easier when you take finances in your control.. completely! Remember to keep your username and password safe like for any other digital account.

  2. Use digital wallets: PayTM, Mobikwik and Freecharge are some of the popular mobile wallets. Their usage has been increasing day-by-day as they bring in more and more service providers under their umbrella. You cannot escape them. They fill in the gap where organised markets are missing. You will soon be able to pay your several 'walas' - rickshawala, bhajiwala, taxiwala, doodhwala - through digital wallets. With an array of discounts, coupons and cashback offers, they make perfect sense now. 

3. Use your plastic cards: If you have horror of the plastic, take part in your own version of Fear Factor and take the plunge. The convenience that it offers is worth getting over your fear. BUT, you have to use it prudently. Apply for a card with low credit limit. Be careful with your passwords, link it with your bank accounts, do not store any sensitive data on the phone - these are some precautionary measures to be taken.

4. Hoard some Chhutta: I know it is difficult but keep small change handy. It is very useful. Hoard it a bit and it'll be of use to you at the most unexpected moments.

5. Use common sense: With cash in hand, we feel rich and want to spend up everything specially if we are on a hot date! Now impress your girlfriend/ boyfriend by showing how digi-savvy you are. Cut down on unnecessary spending and use your money wisely!