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FRUGAL LIVING
Want to build wealth? CA shares the simple Marwadi money rule behind their financial successCA Nitin Kaushik highlighted the Marwadi money rule of buying something only when you can afford it twice in cash. CA Paaras Gangwal shared...- Kevin O’Leary is worth $400 million, yet he still shops at Walmart for $29 jeans; here’s what the Shark Tank star has in common with $144 billion Warren BuffettKevin O’Leary, with an estimated $400 million net worth, still shops at Walmart for everyday essentials and proudly buys $29 jeans. The Sha...
- After 200+ applications and 15+ interviews, former corporate employee takes $11/hour dishwashing jobA 29-year-old former corporate employee laid off in April says he has submitted more than 200 applications and attended over 15 interviews ...
- Is Gen Z bad at saving money? Rs 5,000 loan request makes 26-year-old question how youngsters use lavish lifestyles to hide empty savingsA recent Reddit discussion has sparked a debate over Gen Z’s relationship with money, spending habits and financial discipline. What began ...
- Mending a torn relationshipSustainable living has to privilege thrift over convenience, with personal effort
- Quote of the day by Charlie Munger: ‘To get what you want, you have to deserve what you want. The world does not reward a bunch of undeserving people…’ what Warren Buffett's ex-associate teaches about hard work and successCharlie Munger’s quote, “You have to deserve what you want,” highlights the importance of competence, discipline and personal responsibilit...
- Psychology says people who try to save every penny they can aren't just trying to build wealth: What this behavior means and teaches us?Psychology says people who try to save every penny they can aren't always making financial decisions based only on budgeting. Their behavio...
- ‘The more you spend, the more you earn?’: Financial advisor warns against dumping money in SIPs and shares his father’s controversial money adviceFinancial advisor Prem Soni shared his father’s unconventional money advice: “The more you spend, the more you earn.” He argues that extrem...
- 'I find them in Gen-Z': Sridhar Vembu shares how three Gen-Z Zoho employees challenged popular assumptions with their sacrifice and simplicityZoho founder Sridhar Vembu questioned the usefulness of generational labels, arguing that values often transcend age groups. He shared stor...
- Czech proverb of the day: 'Nothing seems expensive when it is bought on credit'; life lessons on the dangers of overspending from popular sayingRelying on credit cards can certainly create an illusion of abundance and prosperity. However, a popular Czech proverb highlights how depen...
- ‘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 ...
- The rise of India’s frugal flamboyanceIndia's liberalization brought 'frugal flamboyance'. This trend allows people to appear rich without spending excessively. It contrasts wit...
- 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...
- 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...
- From Rs 4,200 to Rs 1 crore savings: A Bengaluru man, just class 10 pass, living in rented houses realises his dream with patience and sacrificeA Bengaluru proofreader's story inspires many. He built over Rs 1 crore in savings with a modest salary. He never took loans or credit card...
- Millionaires share secrets for financial freedom: How adopting a simple 'minimalist' lifestyle lead to success and early retirementA growing number of high-income earners are adopting an 'underconsumption' lifestyle, focusing on frugality, minimalism, and long-term fina...
- Do I need it? 'Underconsumption core' trends on TikTokSocial media has long had room only for picture-perfect homes, lavish closets and abundant beauty products. But a new trend is sweeping the...
- Avoid these financial mistakes if you want to retire earlyYou may want to invest all your liquid corpus in financial instruments in a hasty dash towards the FIRE target, but having a safety net is ...
- True victory lies in building wealth through saving, hard work and not in borrowing, splurgingTrue victory lies in building wealth despite hardships. One can do it by controlling expenses and not succumbing to the lure of instant gra...
- 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.
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