Are you tired of watching your salary vanish before the month ends? What if you could save ₹1,00,000 in just 6 months — without feeling broke?
Saving big in a short time sounds like a dream, but with the right mindset and strategy, it’s 100% possible. Whether you’re a student, freelancer, or small business owner, this guide is designed for real people with real goals. And yes, you don’t need to be a finance expert to pull it off.
Let’s dive into the exact roadmap to help you reach your 1 lakh saving goal.
⚖️ Set a Clear Goal and Break It Down
First things first, understand the total target and break it into bite-sized monthly and weekly goals.
| Time Frame | Monthly Target | Weekly Target |
|---|---|---|
| 6 Months | ₹16,667 | ₹4,167 |
You need to save roughly ₹4,200 per week or ₹16,700 per month. This gives you clarity and urgency.
🌟 Step-by-Step Budget Plan for Beginners
1. Track Every Rupee You Spend
Before cutting expenses, know where your money is going. Use apps like:
- Walnut
- Money Manager
- Notion finance tracker
[Read: How to Start Budgeting from Scratch]
2. Apply the 50/30/20 Rule (Or 60/30/10 for Aggressive Saving)
For 6-month goals, use the 60/30/10 method:
- 60% → Essentials (rent, groceries)
- 30% → Growth & Skill Learning
- 10% → Savings (plus all extra income!)
But here’s the hack: flip it to save first, spend second.
3. Cut Down on These Expenses
- Online food delivery (₹500/week = ₹12,000 in 6 months!)
- Subscriptions you don’t use
- Cab rides > Public transport
- Unused software/tools
Pro Tip: Use free tools like Canva, CapCut, GIMP instead of expensive licenses.
4. Maximize Income Streams
Even saving ₹1 lakh gets easier when you earn more:
- Freelance on weekends (Upwork, Fiverr, LinkedIn)
- Sell digital products (Notion templates, eBooks)
- Monetize hobbies (editing, design, music)
[Read: 10 Side Hustles You Can Start with Zero Investment]
5. Start a No-Spend Challenge (1 Week Every Month)
Try going 7 days each month without spending on anything non-essential. It’s fun and saves you thousands.
📅 Example Monthly Budget to Save ₹1 Lakh in 6 Months
| Category | Monthly Spend | Notes |
|---|---|---|
| Rent & Bills | ₹6,000 | Share flat if needed |
| Food & Groceries | ₹3,000 | Cook at home |
| Transport | ₹1,000 | Use bike or metro |
| Subscriptions | ₹500 | Cancel unused |
| Learning/Tools | ₹1,000 | Skill investment |
| Total Spent | ₹11,500 | |
| Amount Saved | ₹5,200 | Add side hustle for more savings |
🌟 Mindset is Everything
This is not just about cutting costs. It’s about building discipline. Every rupee you save is a step toward freedom — financial freedom, career freedom, and life freedom.
Here’s what successful savers do:
- Automate savings to another account
- Review finances weekly
- Set a visual tracker (print or Notion)
- Reward yourself (within budget) after milestones
[Read: How I Saved ₹1 Lakh While Starting My Animation Studio]
🚀 Final Thoughts: Start Today, Not Someday
Saving ₹1,00,000 in 6 months isn’t just a goal — it’s a milestone on your journey to becoming financially strong and independent. Whether you’re saving for a dream trip, business idea, or emergency fund, it all starts with the first rupee.
Trust yourself. Trust the process. And remember, Orewix is here to fuel your growth.
