Even with a small salary, you can save if you plan smartly.
1. Create a Monthly Budget
Write down your income and fixed expenses. Set a limit for spending.
Those will become part of your budget. The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals.
2. Cut Unwanted Subscriptions
Cancel OTT or apps you don’t use regularly.
3. Cook at Home
Avoid eating out. Home food is healthier and cheaper.
4. Use Public Transport
Save fuel and car maintenance costs.
5. Start a Recurring Deposit
Even ₹500/month adds up over time.
6. Use Cashback Apps
Get rewards on groceries, bill payments, and recharges.
7. Buy in Bulk
Buy rice, wheat, or other items in bulk to save money.
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