Budgeting Guide #76: How to Create a Monthly Budget That Actually Works (Even If You Hate Numbers)

 

Don’t Like Numbers? You Can Still Master Monthly Budgeting in 3 Simple Steps

Budgeting isn’t about being a math genius — it’s about telling your money where to go before it disappears. Here's the easiest way to create a working budget in India.

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✅ Step 1: Know Your Net Income

Calculate your take-home salary after tax and PF. Include freelance, side income, rent, etc.

Example:
₹45,000 salary

• ₹5,000 tuition income
  = ₹50,000 total net income

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✅ Step 2: Break It Into Buckets

Use this basic structure:

• Essentials (50%) – Rent, food, bills
• Lifestyle (30%) – Fun, travel, eating out
• Future (20%) – Savings, investments, insurance

Adjust percentages based on your needs.

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✅ Step 3: Track Once a Week

Use any one:

• Notebook
• Google Sheet
• App like Monefy, Walnut, or Spendee

Consistency > complexity.

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🧠 Bonus Tip: Use the “Anti-Budget”

Instead of tracking every rupee, automate your savings first (₹10,000/month), and spend the rest guilt-free.

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✅ Conclusion

Budgeting isn’t boring — freedom lives in planning. Once you take control, you’ll feel less stress and more savings.

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