Personal Frugality Week 1 The Beginning

This week onwards I am starting Personal Frugality Week I want to live this week as frugal as possible to save the maximum amount by month end. I have observed nearly two heads where I spend the most.

Food
Telephone

Food : I spend nearly Rs 300 each weekend on food. Reason eating out, i.e. Rs 1200 a month. I spend nearly Rs 30 (consolidated) if I cook at home. Which implies I spend Rs 270 extra over food just over weekends, If I start cooking at home on weekends then I will be able to save Rs 1080 monthly, which will be a pure surplus for investment and can be swiped into an SIP.

Telephone: This is the other expense that I want to get rid off nearly 10% of my salary goes into phone bill. I need to check this too. I have changed the billing plan for my connection and expecting a reduction of Rs 1900 from the next month onwards.

I shall be working on other minor things but focus will be on these two. I have started this series to check my weekly spending and to generate a disciplined amount for investing. Every Monday I will be posting the update of the whole week and the improvement over the past week. So do keep visiting this post every Monday.