Suggest me an idea to save money with 3.6lpa

Don't eat out

If you are a fresher, probably under 22-23, avoid using credit cards, drink at home instead of in clubs, and shop from budget friendly stores like Zudio. Save as much as you can and try to start a SIP of at least 5k-10k, increasing it every year. By the time you reach your 30s, you will have accumulated a significant amount.

Remember, you can survive without money in your 20s, but once you hit your 30s, life can feel depressing, and you may start comparing yourself to others. Struggle in your 20s so you can enjoy your 30s. If you enjoy too much in your 20s, you may struggle a lot in your 30s so decide wisely. Also, consider switching jobs every 2-3 years for better growth and opportunities. I made mistakes in my 20s now I’m struggling in my 30s

Invest in yourself, become better. The money you save now is going to be so little. You rather use that to invest in your knowledge and increase your salary

Savings ka stress mat le bhai…better stress about upskilling and making more money. Abhi 1 year exp. hi hai…once you hit that 12-16 LPA mark fir start exploring ways to optimise expenses, investments and savings. Abhi savings pe focus karega to you’ll lose a lot in life.

Uninstall
Instagram - Shows adds and makes you buy things. Zepto, Zomato etc these types of apps - Need to order min cart value for free delivery and end up buying more items.

First thing leave TCS and join product based companies.

Don't eat out and don't go to any pubs unless you are sure someone else is paying, go to one movie a month at max two, shop at places like Westside, zudio, snitch or R&B.

Most importantly learn some skills and start looking out, the extra money in your bank will give you some confidence to drop you papers and start interviewing.

As soon as you get salary send it to a different account or make some fd.

Just focus on keeping from where you cant pull it out easily. Focus on building saving habit.

Currently start of month send 5-7k to some account or to parents account

Treat yourself still as an stundent, simple living and basic expense....whatever remains move it to diff account and forget about that it even exist

I started with 4 LPA ten years ago. And my friend (keeping Inflation, expenses and value of money aside) at 34 now I regret not having a discipline in investing. I had a lot of personal commitments. I never threw money away without an explanation but even SIP-ing3-5k a month also, would be of value 10-15 years down the line.

So Kudos that you are asking this within your first year of work. Here goes:

1. Start of month, take your expenses out (Try living harsh first few year on rent. PG, shared rooms, etc). Minimise the expenses.
   If you get free food at office, do the hustle. Stay at office longer: Internet and food becomes free If food is not free, pull up those socks and learn to do meal prep (bhuna masala, powders, one pot cooking etc) and cook your own meals within 20 mins. This is irrespective of your gender.
2. Save. Take atleast 20% of your salary and push it to SIP. I'm not glamorising MF. I'm saying that the MF ecosystem has a discipline with which you can invest every month with decent returns. Don't procrastinate looking for the right combo. Simply start with Index (Nifty or Sensex from any fund house should do)
   Also divert some for an emergency fund (this can be MF or even a basic RD) build a 6 month expense corpus so that if at all you need to leave your job for some reason. Or support family, you have a cushion.
3. Upskill. Learn on the job. Observe others. Take basic courses. So you're prepared for a good switch by 2 year mark.

Repeat.

Don't worry about your annual for now. Just keep this discipline and you'll do fine.

Don't forget to live life amidst this. Do take a break and indulge a little. 😊