10 Tips for Saving on a Low Income in 2025
At Investilli.com, we believe that every individual, regardless of their income, has the potential to build a financially stable future. Saving on a low income may feel like an uphill climb, but with small, consistent steps, you can make a big impact. We have worked with thousands of readers like you who’ve shared their struggles and successes, and we want to pass those lessons along. Here’s your guide, filled with practical tips, personal insights, and answers to frequently asked questions about saving in 2025.
Let’s begin this step-by-step financial wellness journey together.
1. Automate Your Savings
One of our readers, Priya, shared how she started saving ₹1,000 per month using automation. Initially hesitant, she set up an automatic transfer via her digital wallet after payday. For six months, she forgot about it—only to find that she had ₹6,000 saved, which came in handy during a family emergency.
Similarly, digital banking apps like Chime in the US or Paytm in India make it easy to automate savings. Even saving a small percentage of your income—like ₹1,250 or $50—automatically gives you a valuable safety net without much thought.
Real Talk From Investilli:
Think of automated savings as paying yourself first. Don’t wait to see what’s left at the end of the month—chances are, it’s not much!
2. Stick to a Budget That Works for You
Budgeting feels overwhelming for many, which is why we love taking baby steps. Start by tracking your spending for just one week. Once you see where your money is going, you can tweak it to fit your goals. The 50-30-20 rule is a great starting point but can be adjusted to “necessities-first” if you’re on a low income.
When Amit, an Investilli reader, started budgeting, he realized he was spending ₹1,500 a month on chai and snacks. By cutting down to half, he freed up money to save for an online course—and eventually got a raise because of his newly learned skills.
Investilli’s Tip:
Budgeting apps like Money View (India) or PocketGuard (USA) are user-friendly and help you make sense of where every rupee or dollar goes.
3. Use Cashbacks and Rewards Wisely
We know it’s tempting to swipe a credit card for big cashback, but here’s a golden rule from Investilli —don’t spend to save. Use cashback programs for planned purchases only. During the latest Flipkart Big Billion Day Sale, one of our team members saved ₹2,000 on essentials and even enjoyed a cashback perk of ₹200.
For those in the USA, cashback credit cards like the Chase Freedom Flex or apps like Rakuten can save you hundreds annually.
Investilli’s Tip:
Stick to just one or two cashback platforms to avoid getting confused or losing track.
4. Cook at Home and Meal Prep
Our co-founder loves this one! Cooking at home isn’t just about saving money—it’s empowering. She often meal preps for the week on Sundays, cutting down costs and stress. Did you know cooking at home costs ₹1,500 in India or around $100 in the USA per month, compared to upwards of ₹4,000 or $250 eating out?
Meal-prepping doesn’t have to be complicated. Experiment with recipes using apps like Yummly or Tasty.
5. Take Advantage of Free Tools and Resources
Investilli is committed to helping you grow—financially and personally. That’s why we are big fans of free platforms like Google Skillshop for upskilling or Khan Academy for improving financial literacy.
One of our readers, Sarah, told us how she completed a free online course on budgeting, which helped her manage her limited income and save for her wedding.
Our Pick:
We recommend checking out the Investilli Savings Toolkit launching soon! It’s designed for real people with real challenges.
6. Cut Unnecessary Subscriptions
Raise your hand if you’ve forgotten to cancel a subscription (we’ve all been there). Apps like Truebill for US-based users or Buddy in India help you find those sneaky payments.
One of our readers, Ramesh, discovered an unused ₹299/month subscription. Cancelling it saved him over ₹3,500 annually!
7. Shop Smart and Compare Prices
Shopping does not have to be a luxury—it can be strategic! Use price comparison platforms like Smartprix (India) or Honey (global) to find the best discounts.
One simple change? Buy in bulk. Stocking up on essentials like rice or toiletries during sales can sharply bring down your expenses for months.
8. Take Advantage of Government and Employer Benefits
Investilli believes in making every opportunity count. Whether it’s employee-provided retirement benefits like 401(k) in the US or India’s Employee Provident Fund (EPF), maximizing these opportunities means more “free money” in your pocket.
Many employers in India even offer food and travel allowances—check with your HR department.
9. Reduce Energy Usage
Even small shifts in your energy consumption can save money over time. Switch out incandescent bulbs for energy-efficient LEDs. One of our avid readers shared how her electricity bill dropped by ₹500 after reducing fan and light usage.
10. Keep Track and Celebrate Small Wins
This might be the most crucial tip! Start keeping a joy journal—not just for noting financial goals but also to celebrate wins. Did you save ₹1,000 this month? Write it down. Acknowledge your growth.
Saving is a marathon—every little step adds up.
Q&A Section
Q1. What’s the best tool for someone new to saving?
If you’re just starting, automate your savings through your bank or apps like Paytm (India) or Chime (USA). Budgeting apps like YNAB are also beginner-friendly.
Q2. Can I save if I live paycheck to paycheck?
Absolutely. Start with just ₹500 or $10 a month—it’s how most of our readers began their journeys. Small, consistent steps lead to bigger changes over time.
Q3. Should I focus on saving or paying off debt first?
It depends on the interest rate of your debt. If manageable, split your budget—set aside some money for saving while tackling debt. High-interest debts should be prioritized, though.
Q4. How do I avoid overspending during festivals or holidays?
Plan ahead! Set a specific budget for gifts and festivities. Shopping during sales and using cashback rewards can stretch your money further.
Q5. How often should I review my savings progress?
Monthly check-ins are perfect for most people. Use this time to adjust your budget, plan ahead, and reward yourself for progress.
Saving on a low income in 2025 isn’t just about cutting costs—it’s about creating opportunities for yourself. At Investilli.com, our mission is to guide you every step of the way, whether it’s finding hidden savings, making smart investments, or celebrating wins. Remember that consistency, creativity, and a little tech support can help you achieve your financial dreams.
Got your own saving hack? Share it with us in the comments. Team Investilli would love to feature your tips!