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How I trimmed my monthly budget in the lockdown

May 14, 2020 09:23 IST

We asked you, dear readers, to tell us how you are preparing yourself for the dark economic days ahead.
Felcy Pinto, who works as an HR coordinator, shares her story:

How I trimmed my monthly budget

Tough times ahead. April onward, there will be no salary.

I need to be positive and so I have been at my best with my son and daughter.

During this lockdown period, I have cooked various dishes for them from the ingredients that were available in the fridge.

I have trimmed down my budget considerably by cutting down on meat, dairy products, fish and other eatables. I now cook more of lentils, khichdi and salads.

I have a habit of saving some amount of my salary in a RD (recurring deposit) account. This has come as a big relief for me as my annual RD in which I invested Rs 3,000 per month will mature in the third week of this month.

So I will have enough money to survive for the next three months -- at least till August.

Hopefully, life should be back to normal by August. That is, if my organisation allows me to open the office because I am the only staff in their India office located in Mumbai.

Illustration: Dominic Xavier/Rediff.com


How are you financially preparing for the dark days ahead?

Share your plans with us at getahead@rediff.co.in. Do share your name, age and profession with us. Please mention MY POST-COVID FINANCIAL PLAN in the subject line.

FELCY PINTO