how to save money?

Dear Kirthy, Having seen your profile and your name I Could make out that you are from India. In India our culture and traditions are different from Western World. I sincerely appreciate your husband for sending Rs.20,000/- to his parents as that becomes his moral responsibility. In India unlike the parents in western countries, parents practically toil and spend every penny on their wards to get them a better education and future with an expectation that they will be looked after when they grow old. This is nothing new and it has been going on for several centuries. We have people like 'Shrava Kumar' and 'Shri Ram' in our mythological epic who have laid put their lives for their parents. So please don't feel anything about it. Please remember you reap as you sow. If you look after your In Laws today then your son and daughter in Law would do the same thing for you. So let your husband give what ever he can do for his parents. Now In spite of that you people are in a position to save Rs.10,000/- which you can invest in some Fixed deposit scheme or in some recurrent deposit scheme so that you will reap the interest after certain period. Mean while the bonus and incentives which your husband gets can be used for savings. Since you have just started your life and there is a long way to go, don't worry. Things will change and you will reap the returns in a beneficial way. Please have faith in God and good deeds. Kindly don't get carried away with the advices who are asking why your husband is paying the amount to their parents, as these people have different culture, social values and moral responsibility than ours! Wish you all the best! May God bless you! Thanks !

Hi friend, anybody read your topic the first question to ask is why you husband giving such amount of money to his parents but I'm not asking why? Your question is how to save your money if you check your distribution of your money after given to his parent their part, then the rest already distributed. However, the right difinition of "saving" is this, I will give as formula. Saving means from your gross income (since your money has a total of 30000) less the amount or percentage of your saving let say 10000, the balance will be 20000 from that you can deduct all your expenses and other requirements in your house. So meaning your saving will be the first to deduct from the gross income. I hope this is help to you.. see you around

Well first, why will your husband not allow you to work? I dont know your life therefore am unsure as to why you are giving money to his parents. I wouldnt nor would I allow my husband... Maybe something to think about..

It is hard to give any advice without knowing more about your specific situation, but I honestly believe that the important thing is to start saving NOW! Once you have gotten used to that (the best thing is to automate the amount you save, so you never even see it), try to increase the amount gradually. It is not so hard, because if you know that you can save 10.000, you can try 11.000 after a while, and so on. This is how I did it, and now I am saving a lot!

1. Stop giving money away to HIS family members. 2. Get a job. 3. If he refuses 1 or 2 (or especially both) find a new partner, and repeat 1 & 2.

It's hard, with different cultures. Not giving money to your parents would be one option, or you working another, but that may not be in your culture. Are you actually living with his parents? Or just giving them money? If you're just giving them money to help them, wouldn't it be wiser to live with them instead? It may be cheaper. And you may just have to convince your husband to let you work. Even part time. Have you thought about maybe looking after children in your home? That may make your husband feel more comfortable with you working. In truth, there's no way anyone can help you find a way to save money without knowing the details of your spending. You just need to find a way to cut back spending.