The Shift from Saving to Spending
New Delhi [India], April 30: Financial wisdom in India had been based on one principle: save now, spend later, and this was true for decades. Nevertheless, this conventional way of thinking is experiencing a major change. The younger generation today is more and more focused on access and experience rather than the accumulation of wealth in the long term. Many would rather buy it now and pay it off in the long run in Equated Monthly Installments (EMIs)…

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