Expense estimate
I'll be moving to Mumbai (Andheri East) next month. I'll be earning 80K PM after tax and this is how I'm thinking of dividing my finances. Please give your inputs. Fixed: 1. Rent - 18K (PG) 2. Food - 4K 3. Electricity - 3K (estimating) 4. Travel - 3k (worst scenario, home to office - Rs 100, 3 days a week - 600/week) 5.Groceriess - 2K (Not sure because in a PG but considering it) 6. Internet - 1K 7. Lifestyle/Misc - 10K (I don't party much, most of this will spent in misc and exploring Mumbai etc) Total - 41K Savings - 39K/40K 1. 25K in savings bank account (i need to have this because I'm scared of emergency stuff) 2. 5K MF 3. 5K PPF 4. 4K/5K - sending home Is this good?
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