“Can one really run a family of four on ₹1,12,000/month in India today?”
Yes — I’m doing it. And here’s how I make every rupee count.
A Little About Me
I’m Irfan — a full-time working professional, a husband, a father of two amazing daughters, and the only earning member in my family. Life isn’t always easy, but it’s fulfilling.
Every month, I manage our entire household — from school fees to EMI payments — within a budget of ₹1,12,000. While many may see this as a decent income, in reality, it’s a constant balancing act.
Through this blog, I want to show you how we live debt-conscious, savings-first, and still lead a peaceful, joyful life — without compromising on the things that matter.
My Monthly Budget: A Transparent Breakdown
Here’s exactly how my ₹1,12,000 is allocated every month:
| Category | Amount (₹) | Why It Matters |
|---|---|---|
| 🏠 Home Loan EMI | 32,000 | Owning a home brings long-term security |
| 🧒 Children’s Education | 14,000 | My top priority — investing in their future |
| 🛒 Groceries & Essentials | 9,000 | Monthly kitchen & daily needs |
| 💡 Utilities (Electricity, Gas, Water) | 2,000 | Necessary and consistent |
| 🍼 Milk & Kids’ Nutrition | 1,300 | Non-negotiable health need |
| 📱 Mobile & Internet | 1,200 | Basic necessity for work and education |
| 💊 Parents’ Medicines | 1,500 | A small way to take care of them |
| 🚗 Transportation & Fuel | 2,500 | Includes school drop-offs and errands |
| 💼 Miscellaneous Expenses | 4,500 | For clothing, school events, small outings |
| ❤️ Charity & Zakat | 1,000 | A personal value I hold close |
| 📈 SIP Investments | 14,500 | Mutual funds for long-term wealth building |
| 🚨 Emergency Fund Saving | 4,000 | Life is uncertain — this gives peace of mind |
| 🛡️ Life & Health Insurance | 3,500 | Protection for family and future |
✅ Total Spent: ₹1,10,000 – ₹1,12,000 (Every rupee is planned)
How I Make It Work
1. I Prioritize Needs Over Wants
No impulse shopping. No unnecessary gadgets. Every purchase is deliberate.
2. I Invest First, Not Last
My SIPs and insurance payments are made as soon as the salary arrives. It’s like paying my future first.
3. I Track Every Rupee
Using a simple Excel sheet, I monitor where the money goes — it’s the most powerful financial habit I’ve built.
4. I Embrace Minimalism
Our home is simple. Our lifestyle is balanced. We don’t compare with others — we live with intention.
5. I Involve My Family
We’ve created a culture of financial awareness at home — even my kids are learning money values early.
Why I’m Starting This Blog — SimplifyWala.com
I’m not a finance guru or a millionaire.
I’m just someone who wants to simplify personal finance, government schemes, and technology (especially AI) for people like me — middle-class Indian families trying to do their best.
Through this blog, I’ll share:
- Budgeting tips & real-life examples
- Investment insights and SIP strategies
- Government scheme guides (PMAY, PPF, Sukanya Samriddhi, etc.)
- Simple AI tools that save time or money
- My experiments with financial apps & tools
Final Thoughts: It’s Not About Sacrifice, It’s About Strategy
Living on a tight budget isn’t a punishment — it’s a challenge that makes you smarter.
By being intentional with money, I’ve been able to:
- Keep my family secure
- Build long-term savings
- Stay debt-conscious
- Give back to the community
If you’re also walking this path, know that you’re not alone.
Let’s simplify life and money — together.
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📬 Have questions or your own story to share?
Comment below or connect with me — I’d love to hear from you!