Krishan Mishra, CEO, FPSB (Financial Planning Standards Board) India, who was in Bengaluru recently, told TNIE that once youngsters receive a credit card, they start spending money.
"Easy money leads to easy spending. People get tempted to spend the money without understanding the repercussions. If you are not prudent enough to handle your credit card, then it can become a challenge for you to manage," he said.
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US Criticises Israel For High Casualties In Gaza
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Edge Of Democracy: Between Dividends And Divisiveness
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Budget '25 should prioritise AI research, cut GST on upskilling programmes: Experts
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Eveready expects 10% topline growth this fiscal on distribution channel rejig
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Bajaj Auto net profit rises 18% to â¹1,942 cr in June quarter of FY25
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NCLT admits insolvency proceedings against Byju's
Petition filed by BCCI against the edtech firm over a â¹158 crore debt
Indian Americans mark their presence on first day of event
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