7 Simple Money Habits That Can Change Your Financial Life
Most financial success stories are not built on one big investment or one lucky opportunity. They are built on habits.
7 Simple Money Habits That Can Change Your Financial Life
Here is a number that stopped me cold when I first came across it while preparing a presentation for a credit risk workshop in 2023: India's gross household savings rate dropped from 23.6% of GDP in 2012 to just 18.4% in 2023 , according to data published by the Reserve Bank of India . In the same period, average urban incomes nearly doubled. We are — as a nation — earning significantly more and saving proportionally less. I spent a long evening thinking about why. Not as an analyst reading a report, but as someone who grew up in a household where my father tracked every ₹10 expenditure in a pocket diary, and where the words "waste nahi karna" were practically a family religion. Somewhere between that generation and this one — between my father's disciplined frugality and today's EMI-for-everything culture — we lost something important. Not willpower, not income. We lost habit . That realisation is what this article is built on. Over 8+ years working as an Equity Deal…
