Kaun Banega Crorepati KBC Lottery Winner 2020 Series

Tips to spend your KBC Jio Lottery Prize 2020

KBC-Jio-Lottery-Winning-Tips
Smita Singh
Written by Smita Singh

Tips to spend your KBC Jio Lottery Prize in 2020 Season 12

Every Winner dreams about luxury life and the necessities of life all around. He may wish to travel in Top Brand Cars, Stay in 5 Star Hotels, Book air ticket to Lufthansa, Executive Seat in Rail Car, VIP Restaurants to Dine, Furnished Villa to spend life. All is true, but you have to manage your KBC Jio Lottery Winnings (Hard Earned Money) and spend wisely. After winning a prize bond or lottery, people become more conscious and sticky to spending their money. As they think it was the last chance in their life to earn a bunch at once.

In KBC Lottery Winner Live Game 2020, you could get a chance to participate once in life probably, if your luck is with you. Most of the persons try again and again to get an opportunity to sit in the show. But they could not enter the show after so many struggles. Once you are selected to participate, try hard to win as much you can. Mega winner prize is worth 7 crores. Struggle to win that prize to spend whole life with ease.

kbc-lottery-show-2020
kbc-lottery-show-2020

When you have won the prize amount, pay applicable taxes, and the rest amount is up to you. How you spend the remaining amount defines the scope of your future. Either you spend the Lottery Money at once, or you make plans to secure your future also. Take Nice and Wise decisions. To guide you best to pay your Lottery Winnings, KBC Official Team, and previous seasons KBC Lottery Winners suggest you some excellent tips to follow on.

Spend Half, Save Half of your Lottery Amount

For the safest way to speed up your hard-earned millions net worth is to sock away all the raises and bonuses you get at once by your luck in the jackpot Show. Much behavioral finance research shows that too much deprivation now may cause you to trouble later on in your upcoming days of life. So, be cautious at the early stage and start your spending journey steady, as much you can afford. Jio KBC Lottery Winner team also recommends you play safe and spend safely for a better life.

You should deposit some of your regular raises and bonuses in the right worth bank in your Area. 50% is an excellent ratio to accumulate and spend the rest. Rest could be paying your loans, buying a new house, or renovating the old one you have. Furthermore, you could start a new business or two businesses with a low budget at once. It’s important to celebrate your successes, is a famous quote, a well-known personality. So, follow his rule and celebrate with your loved ones, Wife, kids, or close friends. If you manage things as we have described so you can get to nearly three crore Indian Rupees in the short term by using this strategy, even assuming more gains are expected with your 7 crore INR KBC Jio Lottery Prize.

Do not take Loans while you have Winning Amount

When we talk about buying a new house, or making changes in your old home, keep in mind that how much house you can afford your monthly income? Recent research shows that it should not be more than 32% of gross monthly income. If this figure rises, it is sure alarming your budget.

You could move to open areas where there the land is not so costly. You can acquire more space for your house as compared to the busy areas of the city. Construct your dream house as per your desires and budget, hire a competent architecture to draw the best design within your budget. Take some excellent ideas from newly constructed homes of previous KBC Jio Lottery Winners 2020. Do not consider taking loans for this purpose because you have enough winning amount and keep your budget in mind. We are stressing again and again on a planned budget because we want you to be successful in your life so that the next Lottery Winners can have some inspirations from your case study.

Spend on Relations, not on things

When you plan to spend your jackpot money on different things like branded cars or the latest gadgets, you can maximize the satisfaction you derive from the purchases you are making. Focus on your internal voice and emotions that which thing is better for you? Many people experience much deeper satisfaction when they make experiences like vacations rather than something like house furniture or imported clothing. That’s in part because we’re happiest when we’re spending time with people we love. First of all, if you are planning to visit a foreign country, look around your relatives. Maybe they are more needy and deserving. Help them with some portion of your KBC Lottery Prize that you have won in Season 11 or the prior season.

For more suggestions, dial KBC dedicated hotline (WhatsApp). They would be more than happy to assist you regarding next season’s information.

About the author

Smita Singh

Smita Singh