How I Budget My Monthly Salary – A Realistic Plan for Indian Families

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Managing monthly expenses can feel like a never-ending puzzle, especially for Indian families trying to balance needs, goals, and surprises. I’ve been there—and after trial and error, I found a system that works. In this blog, I’ll share my simple but powerful monthly budgeting plan. It’s not perfect, but it’s practical, real, and built for Indian middle-class life.
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My 5 Financial Mistakes I Made in My 20s (and What I’d Do Differently Today)

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A South Indian man looking at bills and monthly planner with a thoughtful expression, representing regret over money mistakes made in his 20s.

When I look back at my 20s, I realise that I made some bad financial decisions — not because I was careless, but because I didn’t know better. If you're in your 20s or just want to avoid the mistakes I made, this post is for you. I’m sharing five of my biggest financial mistakes and what I wish I had done instead.


๐Ÿ’ธ 1. Living Without a Budget  

Na monthly salary vandha udane kaasu selav panna start panniduvom. Tea/Coffee shops, online shopping, random weekend plans...


๐Ÿ”ป The mistake: I never tracked where my money was going. End of the month, bank balance = zero.  

✅ What I’d do now: Use simple budget tools like Google Sheets or an app (like Walnut or YNAB) to track every rupee. Budget = control.


๐Ÿงพ 2. Credit Card-na Free Money-nu Nenaichen  

My first credit card felt like magic. EMI? OK. Swipe for clothes? Sure.


๐Ÿ”ป The mistake: I didn’t understand compound interest. I paid minimum amount and let interest build up.  

✅ What I’d do now: Use credit card only if I can pay full amount before due date. Otherwise, I stay away.


๐Ÿ’ผ 3. No Emergency Fund  

Na oru time job lose pannadhaala 2 months salary illa struggle pannen.


๐Ÿ”ป The mistake: I had no backup money for rent, bills, or food.  

✅ What I’d do now: Emergency fund = 3 to 6 months’ expenses. Keep it in savings account or FD (not in mutual funds).


๐Ÿ“ˆ 4. Investing Late (Missed Power of Compounding)  

20s-la irundha extra cash ellam entertainment-ku poiduchu. Mutual fund, stock-nu ketta na "later" nu solliduvom.


๐Ÿ”ป The mistake: Missed 5–7 years of compounding.  

✅ What I’d do now: Even ₹500/month SIP is powerful. Start early = lesser stress later.


๐Ÿง  5. I Didn’t Invest in Skills  

Na full-time job irundhaalum, side learning-ku time edukave illa.


๐Ÿ”ป The mistake: I relied only on my salary. No additional skill = no additional income.  

✅ What I’d do now: Invest in learning — digital tools, automation, writing, freelancing. Skills bring side income.


๐ŸŽฏ Conclusion  

Your 20s shape your 30s. Naan seitha thavaru neenga pannave koodaadhu. Learn from my mistakes.  


Money doesn't grow by chance. It grows with awareness.  

Start small. Track. Learn. And most importantly — don’t repeat what I did.


๐Ÿ“Œ What's your take? Reply in comments — I respond to everyone ☺️

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