5 MONEY HABITS THAT KEEP MIDDLE-CLASS INDIANS BROKE

D N DRUPADA KUMAR

Source - Freepik

Car loan, phone EMI, credit card bill... You’re working just to pay installments.

1. LIVING FOR THE EMIs

Source - Freepik

Salary increases? So do your expenses. But your income sources stay the same.

2. UPGRADING LIFESTYLE, NOT INCOME

Source - Freepik

Most people don’t track where their money goes. If you don’t control it, it controls you.

3. NO BUDGET, NO TRACKING

Source - Freepik

Still putting money in fixed deposits? Inflation eats your returns while the rich invest.

4. SAVING IN FDs, NO INVESTING

Source - Freepik

Schools don’t teach money. And adults don’t learn either. No wonder we repeat the same mistakes.

5. NO FINANCIAL PLANNING

Source - Freepik

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