50/30/20 Rule of Budgeting (Explained for Indians) | Smart Money Plan 2025
Understand the 50/30/20 budgeting rule for Indians in 2025—spend 50% on needs, 30% on wants, and save 20% for future goals to balance life and finances. In bustling cities like Bengaluru, with rents and living costs climbing ever higher, budgeting isn’t just smart—it’s necessary. A viral story on Reddit highlighted a 22-year-old engineer managing to live comfortably on ₹20,000/month in Bengaluru, using sensible allocation and clever hacks like room sharing, public transport, and DIY meals. His expense…
