Saturday, 19 July 2025

Budgeting Guide #11: Build a Monthly Money Map

 


Build Your Monthly Money Map and Take Control

Every successful person has one thing in common — a clear monthly money plan.


1. What’s a Monthly Money Map?

It’s a detailed breakdown of:

  • Income
  • Fixed expenses (rent, EMIs)
  • Variable expenses (food, fuel)
  • Savings & investments

2. Budgeting Apps You Can Use

  • Money Manager Expense & Budget
  • Toshl Finance
  • Spendee



3. 50-30-20 Rule for Beginners

  • 50% needs
  • 30% wants
  • 20% savings/investments

Conclusion

Create a plan, stick to it, and track your monthly progress to master money management.


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