Struggling to save money? 6 easy tips to grow your savings

You don’t need to save huge amounts to begin your journey. Even setting aside a small amount regularly can build a strong habit. Saving Rs 100 a day may seem insignificant, but over a year, it adds up to a meaningful amount. 

New Delhi: If you often find yourself wondering where your money disappears by the end of the month, you’re not alone. With rising living costs, EMIs, and lifestyle expenses, saving money has become a real challenge for many people. But building savings doesn’t always require a higher salary or extreme budgeting. In fact, small, practical changes in daily habits can make a big difference over time. Whether your goal is travel, buying a home, starting a business, or simply achieving financial peace of mind, consistent saving is the first step toward turning dreams into reality.

Here are six simple and practical tips to help you grow your savings without feeling overwhelmed.

You don’t need to save huge amounts to begin your journey. Even setting aside a small amount regularly can build a strong habit. Saving Rs 100 a day may seem insignificant, but over a year, it adds up to a meaningful amount. The key is consistency, not size.

Many people struggle to save because they don’t track their expenses. Try noting down everything you spend for one month. This exercise helps identify unnecessary spending and gives you a clear picture of where your money actually goes.

A basic budget can bring clarity and control. You can try the 50-30-20 rule — 50% of income for needs, 30% for wants, and 20% for savings. Even if you can’t follow it perfectly, it provides a practical structure to improve money management.