47 percent Indians dont save money for future
Posted on: 18/Jul/2016 12:27:34 PM
In this era of busy work life and hectic job, it is imperative for one to save for the future to meet the needs that rise after you cross 60 years of age. Well, how far are we actually saving for our own future? Ipsos MORI, the world’s second largest market research organization had conducted a research on this. This involved studying people in over 17 nations including India, Brazil, Egypt, France, and Singapore. The research report appallingly states that most Indians have quit the practice of saving money for the future. About 44 percent of Indians have quit saving money or they encounter a lot of troubles in saving money. Nearly 21 percent individuals never have this habit at all.
Similarly, 22 percent of those surveyed aging above 60 years and 14 percent of those surveyed above 50 years have not even started saving money. On the whole, 47 percent Indians have not even started the habit of saving money, or they have quit in between, or they experience hindrances or other troubles in this practice.
How far do you think is saving important, and what is the best way to save money and fight such hindrances in saving? Share your views in comments below
