Family expense for a family of 4 in India[OC]

Posting from an alt account.
Living in a tier 2 city in India with my spouse and 2 kids aged 4 & 7. I tracked every expense for the year 2024 and wanted to visualize where all the money is going. Thus leading to this chart.

A little detail on the expenses:
Savings – these are in the form of fixed deposits earning 6% interest annually.

Investments- mostly mutual funds and equity investments in India.

Shopping – this category has been quite hard to track and also has a lot of scope for reducing expenses.

Education – kids are in primary school and fees are a bit lower in tier 2 cities. School bus transportation makes up almost 35% of this expense.

Travel – We went on 7-8 domestic trips which are included in the travel section. 2 of these included flight tickets. Others were by car.

Gifts and charity- most of these have been gifts given to in laws for special occasions. Then marriage and newborn baby gifts.

Eating out – mostly take away, some dine -in, no fancy 5 star restaurants.

Insurance- took term insurance this year to provide some financial relief for family in case we die before 65 years of age.

Office expense – spouse and I work in IT sector, we haven't switched jobs in 8 years, so salaries have been stagnant, but it allows us to stay at our ancestral home and travel to office twice a week. And 3 days wfh. Expense includes travel, food and sometimes stay as my office is 6 hours away.

Hope you guys find this insight interesting. Will post again in 2025. Cheers!