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ABOUT FRUGALITY AND FINANCIAL FREEDOM

The New Indian Express

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January 13, 2025

I have a friend who has a net-worth in the region of ₹100 crore. Resides in a simple 2bhk in a Mumbai suburb and lives what we would call a 'frugal' life.

- PV SUBRAMANYAM

I would think (and say) he leads a simple and independent life and I have seen this life-style for the past 45 years. It has remained the same! His daughters' marriages were done in a very simple style and I dare say he must not have spent much on those events too.

Why am I saying all this?

He spends far less than what he earns and he is about 68 years of age, does not own a car and rarely takes vacations. He gives far more to charity than he spends on himself.

The New Indian Express

यह कहानी The New Indian Express के January 13, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं?

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