Persuading yourself to be a saver
Mutual Fund Insight|March 2023
How to save enough for the future without being a miser
ASHUTOSH GUPTA
Persuading yourself to be a saver

Our Value Research team has expanded rapidly in the last couple of years and a lot more twenty-somethings make up our workforce. Our office's breakout area The Bailout' as we call it - is mostly buzzing with voices of excited youngsters huddled in animated conversations while they sip on their caffeine in windy Delhi mornings.

The other day, as I waited by the coffee machine to have my fill, I overheard this interesting conversation on saving and investing (what else!). Being the month of January, the discussion started with this tall, skinny youngster (who does some great work behind the camera) enquiring the others about the deductions and receipts they were filing with the finance team to save tax. They first chatted and ranted about taxes before the discussion took an interesting turn when this young girl, who joined the research team last year, proudly disclosed that she's been saving and investing more than 50 per cent of her take-home salary. Her statement drew different reactions - some were in awe, some looked at her with disbelief and a few others were simply curious to know where she was investing. But all of a sudden, the latest member of our design team, let's call her Rachna, declared, "Yaar main investing ki itni tension nahi leti. Kya main ameer marne ke liye paise ki bachat karoon?" (I don't make much effort to save. After all, what's the point in living a miserly life to die rich?) There was a momentary silence before the group burst into laughter. As I walked away, I could hear the discussion move to their struggles and successes with saving in their fading voices.

この記事は Mutual Fund Insight の March 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Mutual Fund Insight の March 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

MUTUAL FUND INSIGHTのその他の記事すべて表示
International Mutual Funds Find Flavour But Lose Favour
Mutual Fund Insight

International Mutual Funds Find Flavour But Lose Favour

Despite stellar performance, these funds are cold-shouldered by investors

time-read
3 分  |
September 2023
The Dose Makes The Poison
Mutual Fund Insight

The Dose Makes The Poison

Are your fund investments diversified? Or are they diworsified? Here’s the solution

time-read
5 分  |
September 2023
'Since Sahi Hai drive launch, industry has grown over twofold'
Mutual Fund Insight

'Since Sahi Hai drive launch, industry has grown over twofold'

The AMC’s marketing and corporate communication head also lauds MFCentral and MF Utility

time-read
3 分  |
September 2023
'Earlier, not many knew of mutual funds; now SIP is a verb'
Mutual Fund Insight

'Earlier, not many knew of mutual funds; now SIP is a verb'

The CMO also explains how 4G, fintechs have elevated mutual funds’ reach

time-read
4 分  |
September 2023
'MFCentral is the most impressive of online platforms'
Mutual Fund Insight

'MFCentral is the most impressive of online platforms'

Shah says though passive funds are growing, there’s a long road ahead

time-read
3 分  |
September 2023
'Fintechs are driving mass financial inclusion'
Mutual Fund Insight

'Fintechs are driving mass financial inclusion'

Shah also lauds the pace at which distributors have embraced technology

time-read
2 分  |
September 2023
'A Maldives tour guide knew of the Mutual Fund Sahi Hai drive'
Mutual Fund Insight

'A Maldives tour guide knew of the Mutual Fund Sahi Hai drive'

Interaction with Edelweiss’s senior VP and head of products and marketing

time-read
3 分  |
September 2023
'More distributors will come to MFCentral, MF Utility'
Mutual Fund Insight

'More distributors will come to MFCentral, MF Utility'

Goyal feels they can grow their business five times, 10 times with tech

time-read
3 分  |
September 2023
'The size of passive funds has grown 36 per cent in a year'
Mutual Fund Insight

'The size of passive funds has grown 36 per cent in a year'

Parija explains how mutual funds have gained traction

time-read
5 分  |
September 2023
Tomorrow, and tomorrow, and tomorrow...
Mutual Fund Insight

Tomorrow, and tomorrow, and tomorrow...

There are a total of about 1.1 lakh crores of rupees invested in India’s mutual funds and the number of investors is now about 12 crore

time-read
4 分  |
September 2023