Question

You are someone who hoards money but you deprive yourself of your

Answer 1

First, is there a specific purpose in mind when you save or do you save for the sake of saving? My reader wrote that her household income is Rs 4 lakh a month, but spends about Rs 40,000 at the most (excluding rent as they live in their own house). A 90% saving rate is a target her husband is very proud of and budgets everything to stick to that rate. With grown up children who are on their own, this household should pause and ask what is the saving for. Mindless saving trades off the present for the future and is harmful.