Did you overspend on that last shopping trip? Here are a few techniques to plan a budget for your requirements

We all have tried and failed when it comes to budgeting and we always end up thinking there should be some way to make shopping more affordable.


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We all have the need to budget, so let us check out a few tips to help you make the best decisions with your money.

Just ask yourself ‘Do you need this right now and how long will this be useful?’ before buying anything. It will help you with decision making.

1) Create a budget down to every rupee

Make sure that you note every expense. You can use an expense tracking app or you could just pen it down. Also, do not forget to include travel expenses.

2) Make a list

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First, list down the essentials like groceries. Put together a list of the clothes or other garments you need to buy. Then, mention the cosmetic needs for the month.

3) Check out other spaces

Cross-check the prices on the internet for a competitive deal. Check whether you are saving more by buying the items from a mall or online.

4) Keep a buffer

We all like to treat ourselves to something nice once in a while. Keep some cash aside in case of impulse buys.

You are the maker of your budget, so make sure that it works for you.

Originally published