In 3% households, the monthly budget shot up by over 50%. Over the course of the month, track your income and spending.
MONTHLY EXPENSES DOWNLOAD
Download it to prepare your monthly budget in just minutes. The template is available online through instant download. This way, you will see where you’ve been overspending and drop those bad spending habits. Average total monthly cost for housing, including property taxes (if applicable) 295,300. If a certain category does not apply to you, you can simply leave it blank or enter a zero (0) in the box. This monthly budget review helps you compare your actual expenses and the income with your monthly budget. Whether you rent, own or are looking to make a change, being informed can help you properly budget for today’s housing costs.
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The survey mainly asked two questions – about past months’ spending (to 11,808 participants) and anticipated expenditure (to 11,858 participants ) – and received 23,500 responses from over 12,000 households located across 323 districts of India.Ī closer look at the poll found that expenses rose by 20-30% in 26% households, while 10% homes said that inflation drove up their family’s spending by 30-40%. To start your budget, complete the 'Monthly Budget Amount' column in the Expenses Worksheet to the best of your ability for the next month.
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The survey, which was conducted by community platform LocalCircles, also found that 7 in 10 Indian households or nearly 70% of respondents felt their monthly household spending increased by 10% in the same duration while 55% poll participants expected the family budget to go up by another 10% in the next 3 months.Īccording to the latest government figures, wholesale inflation in April 2021 climbed to 15.08% – the highest rise in over 16 years – driven primarily by a rise in prices of mineral oils, basic metals, crude petroleum and natural gas, food items and products among others. New Delhi: The onslaught of inflation is being severely felt in the country as a survey has revealed that 92% of respondents experienced a rise in their monthly household expenses in the last 3 months.