Summary of this article
Bengaluru couple shares five money habits to manage family finances effectively.
They prioritise mindful spending, experiences, health, and consistent investments.
Couple divides expenses strategically while focusing on long-term financial goals.
Managing household finances has become an important priority for many young families as living costs continue to rise. A millennial couple shared the money habits they follow. The couple explained how these practices are part of their everyday financial routine.
In a video posted on Instagram by Bengaluru-based couple Megha and Shubham on their account @the12absproject, they shared the five financial habits they follow in their daily lives. The couple, who are raising a toddler and a pet dog while working full-time jobs, said these are the money practices that have helped them manage their household finances.
Five Money Habits The Bengaluru Couple Follows
The first money rule the couple follows is spending on things that genuinely add value to their lives rather than spending to impress others. Sharing their spending approach, the couple said, “No fancy cars, no branded clothes, no jewellery that just goes into our lockers.” Instead, they choose to spend on their home and the neighbourhood they live in, saying these are the spaces where they spend most of their time and where their daughter is growing up.
Their second lesson is to prioritise experiences over material possessions. The couple said they prefer creating memories with their family by taking one international trip every summer and planning multiple staycations during the year. They also make it a point to visit their parents whenever needed.
The third principle revolves around investing in health. The couple described fitness as non-negotiable and said they spend on clean eating, quality food products and gym memberships without hesitation. According to them, maintaining good health today could help avoid high medical expenses in the future. They also said the body is the longest investment making preventive spending more important than delaying healthy habits.
The fourth rule is to invest consistently with clear financial goals. The couple shared that they increase their investments every year instead of keeping them at the same level. Whether the goal is short-term or long-term, they believe every investment should have a purpose. The couple said they focus on growing their investment portfolio rather than spending on status symbols. “The number on our investment portfolio matters more than the car standing outside our house,” they said.
Their fifth lesson is about sharing financial responsibilities as a couple. They explained that instead of splitting every bill equally, they divide expenses based on categories. The couple also shared how they divide financial responsibilities at home. Megha said, “I handle all the fixed expenses every month, like rent, utilities, house help, salaries, etc.” Shubham added, “I take care of all the miscellaneous expenses like clearing our credit card bills, groceries, shopping, travel, etc.”
Towards the end of the video, Shubham said that these were not perfect rules but the ones they follow, while Megha added that this approach has worked for their family so far.
