help to manage my finances better!

Hello All,

I'm a 38 yo, living in ghaziabad. I make about 1.6 L per month with my wife & 5 yo daughter as dependents.

Here are my expenses and some savings.. would you please be kind enough to suggest improvements to this:

home loan emi - 27k, loan prepayment - 20k, car cleaner + maid 3k, shopping + travel - 10k, car fuel - 5k, maintenance+electricty - 5k, dth - 1k, ppf - 5k, ssy - 5k, rd for car downpayment - 5k, rd for annual lic - 3k, rd for school fees for kid - 5k, mutual funds - 13k, lic - 2k, term insurance - 2k, grocery - 20k, transfer to spouse - 20k

note: I have a car leased from company for which emi gets deducted from my in-hand salary.. the rd here mentioned is to deposit the residual value of my car - about 3 l, to be deposited in year 2027, so I am using 5k a month as rd to cater to that expense

I need to submit my daughter's school fees about 17-18 k per quarter , so saving 5k a month for 2 months and adding another 2-3k, I am able to manage.

am I saving too less? what can I do better?

thanks a lot in advance!