Start with fixed obligations
Before discretionary categories, list immovable monthly costs: rent or home loan EMI, car loan, insurance premiums, school fees, domestic help, and SIPs. In Indian households these often span multiple accounts — make sure every autopay is visible in one place.
Build UPI-aware variable categories
Food, transport, subscriptions, and shopping are where UPI volume hides small leaks. Set realistic limits — not aspirational ones — based on last month’s actual bank debits, not what you wish you spent.
- Groceries and dining (often the largest UPI categories)
- Transport — fuel, metro, cabs, auto
- Subscriptions — OTT, cloud storage, gym
- Festival and gift buffer (Diwali, birthdays, weddings)
Review weekly, not only on the 31st
Monthly budgets fail when you discover overruns on the last day. A five-minute weekly check — “are we on track for groceries and dining?” — prevents the end-of-month shock. Automated categorization from bank alerts makes this review possible without exporting CSVs from three banks.
Glass Money supplies the automatic, categorised record this review needs — that part is live. Adaptive category budgets on top of it are on the roadmap and not built yet.
Sources and review notes
We use primary sources where possible and review comparison pages quarterly. Product availability and pricing can change, so check each linked source before making a decision.