💰 Beginner’s Guide to Budgeting in India – 50/30/20 Rule & Beyond

Ever feel like your salary disappears too fast?
You’re not alone — but there’s a simple fix: budgeting.

It’s not about cutting all fun or living like a monk.
It’s about knowing where your money goes and telling it what to do.

Let’s start with the easiest budgeting method for beginners in India.

🔢 What Is the 50/30/20 Budget Rule?

It’s a simple formula to divide your monthly income:

Example: Salary ₹30,000/month

₹15,000 → Needs

₹9,000 → Wants

₹6,000 → Savings

✅ Simple math – No fancy apps needed
✅ Flexible – Works for any income
✅ Scalable – Grows with your salary
✅ Balances life + future planning

Don’t budget based on CTC. Use your actual bank-credited salary.

Use apps like:

You’ll be shocked where your ₹ actually goes.

Needs: Rent, travel, bills, groceries
Wants: Swiggy, online shopping, premium apps

Start with 20% of income. If you can do more — great!

Use auto-debit into:

Your budget is not a punishment — it’s a plan.
Tweak based on life changes, salary hikes, or new goals.

You don’t need more money. You need a better plan for your money.
Start budgeting today — your future self will be richer (literally). 💸

Simple tips on how to save, invest, and master your monthly money flow in India.