Wealth With Aakarsh

In the busy world of modern India, where the economy is booming, and everyone wants the latest and greatest, there's a hidden problem: lifestyle inflation. It's like a quiet enemy that can mess up your finances without you even realising it. This blog dives into the heart of this issue, explaining where it comes from, how it can mess up your plans, and most importantly, how to take control of your money. As India gets richer, people make more money. The tricky part is that as incomes go up, so does spending. The bigger house, the fancier car, the dream vacations—all these things become tempting. There's a saying, "Once you travel in Business or First class, it's very difficult to go back from it." But these upgrades often become a problem, tying people to a cycle of spending that can harm their financial well being and their future. What causes this spending frenzy in India? A big factor is the desire for family and social status. We want to keep up with other...

Retirement is often painted as a distant paradise: a time when you can kick back on sandy beaches, sipping pina coladas under the sun, and enjoying the freedom of endless leisure. We've all bought into this dream, and I'll admit I'm guilty of it too. Throughout our lives, we toil and save, diligently building a nest egg to ensure our "Golden" days will be nothing short of spectacular, full of travel, relaxation, and the ability to support our children and spend more time with family. But let's pause for a moment and contemplate this: are retirement years truly the "golden" years, or could every year from now could be golden in its own unique way? In recent times, I've come to the realisation that retirement, in all its glory, is somewhat of a mirage. As working individuals, we innately crave purpose, routine, and something to occupy our time. I recently attended a stand-up comedy event, where the comic shared a humorous yet enlightening story abo...