The 50/30/20 Rule, Made Indian

You've probably heard: 50% needs, 30% wants, 20% savings. But rent in a metro, a parent's medicine bill, and that cousin's wedding gift don't fit neatly into an American formula.
For a ₹50,000/month earner, that's ₹25,000 needs, ₹15,000 wants, ₹10,000 savings — but EMIs alone often eat ₹15,000–18,000 here.
So the Indian version shifts to 55/25/20, giving needs (including family support) more room.

What this means for you

• Needs bucket (55%): rent, groceries, EMI, parents' expenses — ₹27,500 on a ₹50,000 salary
• Wants bucket (25%): eating out, OTT, shopping — ₹12,500, guilt-free because it's planned
• Savings bucket (20%): SIP + emergency fund — ₹10,000, non-negotiable, moved on salary day

What you can do

• Open a separate savings account and auto-transfer your 20% the day salary lands, before spending starts
• Track just three numbers monthly, not fifty — needs, wants, savings — using any basic expense app

You don't need a perfect budget. You need one you'll actually follow past the third month.

Grow with clarity 🌱