“Saving is not about having a high income. It's about smart choices.”
Even with a salary of ₹20,000–₹30,000 per month, you can still save ₹5,000 or more — consistently. In this post, we’ll show you simple, realistic methods to make this possible in any Indian household.
✅ 1. Create a Monthly Budget
Track every rupee that comes in and goes out. Use our free Monthly Budget Excel Sheet to:
- Categorize fixed and variable expenses
- Spot where your money leaks
- Plan realistic monthly savings
📌 Most people spend ₹1,000–₹2,000 on things they don’t track.
✅ 2. Set a Fixed Saving Amount as "Non-Negotiable"
Treat saving like a bill:
- Auto-transfer ₹2,000–₹5,000 on salary day to a separate savings account
- Use apps like Fi Money or Jupiter for automatic saving pots
🧠 Out of sight = out of spend.
✅ 3. Reduce Online Food Orders
Skip 1 Zomato/Swiggy order per week:
- ₹300 × 4 = ₹1,200 saved/month
- Cook at home 1 extra day a week = healthier + richer
✅ 4. Switch to Budget Recharge/OTT Plans
Avoid expensive postpaid bills or 3 OTT subscriptions. Try:
- Airtel ₹399 combo pack
- Family OTT sharing
- JioFiber prepaid + OTT combo
🪙 You can save ₹300–₹700/month with this one step.
✅ 5. Track Daily Expenses
Use apps like:
- Money Manager
- Monefy
- Walnut
Or simply use a pen-paper or Excel sheet. Tracking expenses builds awareness and stops overspending.
✅ 6. Cancel Unused Subscriptions or Autopays
Review your UPI/autopay list:
- Gym not visited?
- App not used?
- Magazine/website not needed?
🧾 Cancel at least 1 to save ₹200–₹500/month easily.
✅ 7. Buy Grocery & Household in Bulk
Bulk buying rice, oil, atta, etc. saves ₹500–₹800 monthly. Use your budget grocery list. Avoid small daily purchases that cause overspending.
🛒 Bonus: Use cashback apps or affiliate links to get even more savings.
🛠 Bonus Tools to Help You:
✨ Final Words
Saving ₹5,000 per month isn’t about living cheap — it’s about living smart. Start with 1 or 2 steps, track your progress, and stay consistent. Use tools to stay organized and motivated.
📣 Want a Hindi version of this blog? Let us know in the comments!
📎 Tags: #SaveMoney #BudgetPlann #LowSalarySavings #MonthlyBudget #IndianFinanceTips