Pillar 03: Daily Necessities & Other Needs
This category covers the monthly, non-negotiable living expenses, maintenance costs, and a controlled budget for personal care and recreation, ensuring a balanced lifestyle within the financial strategy.
Monthly Expenses Breakdown
The estimated monthly expenditure is approximately LKR 200,000, structured as follows:
| Expense Category | Monthly Allocation (LKR) |
|---|---|
| Rice Purchase | 20,000 |
| Food Supplies (Meat, Fish, Vegetables, Fruits, Spices) | 32,000 |
| Creams and Cosmetics | 15,000 |
| Vehicle Fuel | 15,000 |
| Vehicle Maintenance & Servicing | 20,000 |
| Personal Care (Detergents, Soaps, Toothpaste, etc.) | 10,000 |
| Clothing | 10,000 |
| Gifts for Festive Occasions | 5,000 |
| Other Miscellaneous Needs | 3,000 |
| Discretionary / Personal Needs | 20,000 |
| TOTAL MONTHLY EXPENSES: | 200,000 |
Spouse's Parents' Health Fund
A separate, dedicated savings fund for the emergency health needs of my wife's mother and father.
NDB Wealth Money Fund (03) Current Balance:
LKR 202,000
Monthly Savings Contribution: LKR 50,000
(Expected APR: 7% - 8%)Strategy: The balance in this highly liquid fund is expected to grow over time, utilizing compound interest to further strengthen this financial safety net for the family.