How to save more- 31M, 1.2 lpm in hand, ex-UPSC Aspirant.
I wanted to know how can I save more aggressively.
Background- 31M, 2 yoe , started working late because I spent 5 years preparing for upsc.
2018-23 - upsc prep, 0 saving, accumulated 1 lakh debt from friends.
2023 -June 24- I did PGP in AI.
July 24- Started working with 1.05 lpm in hand, currently earning 1.2 lpm.
Current monthly expenses -
Rent- 14k
House help- 6k
Groceries - 5k
Swiggy/zomato- 5k
Uber- 2k
Wifi, electricity- 2k
Saved around 8.5L, in 2 years, excluding epfo & nps. But this feels low with average monthly savings of around 35k only. I want to save more. Unable to track expenses.
I have returned the 1 lakh debt taken from friends, also have given around 2 lakh to family in total over the 2 years.
I am worried about saving more because of the foreseeable expenses- marriage, home etc. no financial help from family expected.