Consumer Spending: Where do people spend money on? Spending Habits [India]

There is an interesting report of World Bank on consumer spending habits of developing nations. It also gives detailed numbers on where do people spend money in India. A report like this gives a nice visualisation of how Indians (and other population across the globe) spend their money. Though the report is dated 2010 but…

Why are Poor People Poor -image

Why Poor People stay Poor? Visible Mistakes

Why poor people stay poor? This is because poor do not know how manage money to become richer. Poor thinks that, only making ‘more’ money makes one rich. But this is not correct. One must attain financial independence first. Only after achievement of financial independence one can start getting “richer”. The difficult part is, the achievement of…