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EXTREME FRUGALITY
No house or car. Techie saving Rs 10 lakh a month even refuses to buy a TV or couch. His reason: prioritising hobbies and travelA Meta software engineer earning over Rs 2.5 crore annually lives a minimalist life in the San Francisco Bay Area, foregoing a car, couch, ...
‘Stop performing poverty’: Gurgaon-based CEO shares how a Bengaluru founder pays himself Rs 50,000 despite having Rs 5 cr in the bankStartup founders often face pressure to be extremely frugal. However, venture capital CEO Aditya Arora believes underpaying oneself can be ...
Bengaluru founder has Rs 5 crore in bank, yet pays himself Rs 50K per month. Investor explains why it’s a ‘red flag’ : ‘The salary costs him...'Seasoned investor Aditya Arora highlighted the folly of founders underpaying themselves, citing a Bengaluru founder earning Rs 50,000 month...
When money problems hurt kids: The hidden emotional cost and how to helpIn situations of financial distress, parents may themselves need help and support. Many of us that live the good life can look out to help ...
‘Frugal’ Sarvam AI did a DeepSeek with just 40 researchersSarvam is already deploying its models in enterprise and government use cases, including voice AI and language technologies. Cofounder Prat...
Word of the day: ParsimoniousParsimonious means overly frugal or stingy. A parsimonious person hesitates to spend even when necessary. This word highlights reluctance t...
‘India is now using ‘lean innovation’ in high-tech — it’s sparked by our economics and geopolitics from both East and West’India's unique 'high-tech jugaad' is driving innovation. This approach emphasizes affordability and scale, creating long-term global impact...
Only savings won't make you rich, warns CA. He shares a simple formula to create wealthCA Nitin Kaushik argues that true wealth isn't built solely on frugality, but on a balance between disciplined investing and intentional sp...
No air conditioner, no restaurant meals: 67-year-old man saved nearly ₹4 crore by living frugally, but now regrets it in retirementA 67-year-old Japanese man, known as Suzuki, saved nearly ¥65 million (Rs 3.9 crore) over decades of extreme frugality, yet now admits he r...
When FIRE backfires: He lived on bare minimum to save $440,000, now retiree regrets if money was worth sacrificing life’s joyA Japanese man, Suzuki, saved aggressively for decades. He amassed significant wealth by living very frugally. After his wife's passing, he...
Frugal economy model can guide India's growth: Navi Radjou at ET WLF 2025ET WLF 2025: Navi Radjou suggests India needs a 'frugal economy' model, balancing development with ecological limits, avoiding hypergrowth ...
The next frontier for India: Building a 'frugal economy'India's rapid economic growth faces challenges like water stress and pollution, necessitating a shift from hypergrowth or degrowth. Navi Ra...
Terrified of a recession, Gen Z in U.S turns to fast food deals, dumpster diving, and ChatGPT to cope without breaking the bankYoung adults in the United States are changing how they spend money. Many are worried about the economy and their debts. They are using new...
An 18 year old pays just Rs 550 in rent—but you won’t believe where she lives!An 18-year-old woman in China, Ms. Yang, lives in her workplace restroom, paying only for electricity and water. She saves most of her earn...
Wondering how to succeed and build wealth? Rs 5,000 crore man shares his secret to true successA Bengaluru resident shared concerns about financial instability despite a high income. Dr. A Velumani, founder of Thyrocare, responded emp...
Early retirement has a hidden cost: Retirees share their regrets; reveal why focusing on net worth can be a big mistakeBrandon Ganch retired at 34 after saving 70% of his income, but later realized that his extreme frugality, which led him and his wife to li...
How spending drops with age: 8 ways the 30 years in retirement is different from 30 years during employmentIt is now possible to write a living will and restrict invasive treatments. If seniors choose palliative care and quieter living at home, t...
Are you a saver or a miser? Read this to judge yourselfThe stingy deny themselves little pleasures only to feed their need to hoard money. The end result can only be sheer misery.
10 extremely wealthy tech executives who choose to live frugallyWhile some tech executives are quick to splurge on yachts and mega-mansions, others aren't so flashy with their riches.
Yoga fosters holistic approach to life: India tells UN"By changing our lifestyle and creating consciousness, it can help us deal with climate change," Modi had said proposing that June 21 be de...