Indian homemakers manage tight household budgets. In 2025, over 20 crore women run homes but don’t earn directly. Micro-savings can build wealth. This article shares practical ways to save small amounts.
Track household spending. Note daily costs like vegetables or electricity in a diary. If the budget is ₹10,000 monthly, save ₹500 by buying in bulk. Apps like BHIM track UPI spending for clarity.
Save small amounts. Open a Jan Dhan account. Save ₹10 daily from grocery budgets. Post office schemes like Mahila Samman Savings Certificate offer 7.5% interest, growing ₹3,600 yearly to ₹4,500 in three years. SHG savings can fund goals like kids’ books.
Government schemes help. Sukanya Samriddhi Yojana secures daughters’ futures. Pradhan Mantri Matru Vandana Yojana gives ₹5,000 for new mothers. CSCs explain these in local languages.
UPI apps like Google Pay simplify bill payments. Avoid OTP scams. Banks like SBI offer free accounts for homemakers.
Taxes apply if savings interest exceeds ₹40,000 annually. File Form 15G to avoid TDS. Free tax camps at banks help.
Learn from NRLM’s free financial camps. YouTube channels like Women Money India offer Hindi tips. SHGs share savings ideas.
Start small. Save ₹10 daily. Track expenses for a week. Explore Sukanya at a CSC. Use UPI safely. Learn one tip monthly. Micro-savings bring independence. Share tips with neighbors.