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There is a new rising dangerous trend in India where influencers are curbing spending to certain % number to advocate investing and saving.




Warren Buffet once said, "You spend 99% of your lives working towards moments that will encompass a mere 1% of your lives, then you feel nostalgic about the 99%."



Let me explain the above with my own experience-



I write this as someone who was raised in a middle-class,resource constraint family.



I earned decently in my 20s working across Government, boutique consulting, and e-commerce.



And here is what I did with my #money.



1. I traveled across the country from Assam, Himalayas, Udaipur to Kerala solo all by myself.



2. I regularly met my undergrad St. Stephen's College friends over lunches on weekends.



3. I periodically indulged myself in online shopping for my parents and myself. My parents never accepted it, but I know it made them happy.



And after all these spending habits, I guess my career and #finance just turned out to be all ok.



The thing is today at an age of 31, I'm distanced from my friends to catch up with them. I am also not in a phase to do a solo India trip.



Money saved at an age of 50 doesn't serve you much.



There is beauty and joy of being young, 25 and buying #experiences from your earned salary.



No doubt saving is a good habit.



But plain frugality may have worked for someone as an answer but don't blindly buy someone's view.



For that matter, don't even buy my views blindly.



Life is not black and white.



IDK if this offends someone but this needed to be said out loud!



I am raising this topic today because young India is gullible.



If you learn to spend.



You will also turn the entire universe around to learn how to earn more.



Don't live your life under the constant #stress of losing a calculated % figure of the money you earned.



You started earning for a reason in the first place.



Life is way too short to live a calculated one❤️.


If you are interested in learning about GGI's MBA Scholar program, you can learn here.


 

 

Author- Shatakshi Sharma, Co-founder Global Governance Initiative & GTI, Ex- BCG, Advisor; Tony Blair Institute

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