As human beings, we were not created to save, invest, or live our lives simply for the sake of saving and investing. We were created to live, because we only live once on this beautiful earth.
In this video of money tales, we will explore how Indians spend money in rural and urban areas.
According to a study, more than 80% of Indians spend 75% of their monthly income on basic necessities. In addition, Indians love to offer gifts to their loved ones when they receive more funds.
All of us think that college-going Indians spend more money on fashion. In reality, employed people spend more on fashion than unemployed people. The average Indian spends less than 1000 rupees a year on shoes.
India rural population spend more on food and urban population spend more on transport, education etc.
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About Money Tales -
Our mission as a channel is to share incredible money stories. These stories will help millennials to develop a money mindset like rich people, so they will be able to achieve financial freedom by earning, saving, and investing. Moreover, they will avoid money traps & money mistakes that can hamper their finances in the short as well as long term.
