No money left for vacation despite earning good salary – What to do ?

POSTED BY Nikhil ON September 18, 2014 1:16 pm COMMENTS (2)


I am a 26 yr old bachelor working in B’lore. I earn 60,000 p.m. and invest 30,000 p.m. in Equity MF and 60k p.a. in 80C. So I am left with around 25k per month which I spend on my monthly expenses and few other things like gifts/travel/health etc.

Now,  me and my family are planning for a holiday but I don’t seem to have any money left. This makes me wonder what good my 60k p.m. are if I can’t afford a holiday (costing around 50k to 1 lac) once a year.

Am I investing too much ? BTW I am about to get my bonus also but that money will also go to PPF (thanks to Budget 2014).

Please suggest, where am I going wrong ?

2 replies on this article “No money left for vacation despite earning good salary – What to do ?”

  1. Hemanth Chandra says:

    The thing is you didn’t plan for your trip…. So, you are facing difficulty…. From next time, do an RD to get the trip amount, and i am sure you will achieve it.

  2. Amit says:

    Hi Nikhil,

    The way you are investing monthly in Mutual Fund, you can also invest certain monthly amount in a RD for your annual vacation.


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