FinVise India

  The Psychology of Spending At the heart of understanding what your spending reveals about you lies the fascinating realm of psychology. Our purchasing decisions are influenced by a myriad of factors, including our upbringing, social environment, emotions, and aspirations. For instance, someone who grew up in a frugal household may exhibit cautious spending tendencies, while others might seek fulfillment through material possessions as a means of validation or status. Values and Priorities One of the most telling aspects of what your spending reveals about you is your values and priorities. Take a moment to review your recent transactions. Do you often splurge on experiences such as travel, concerts, or fine dining? This might indicate that you prioritize creating memories and savoring life's pleasures over acquiring material possessions. Conversely, if your expenditures primarily revolve around acquiring the latest gadgets or fashion trends, it could suggest a focus on self-expr...

1. Budget Impact: India’s 2024-25 Interim Budget has set the stage for targeted growth initiatives. Key highlights include: ·          - Capital Expenditure Boost: The budget allocated INR 11,11,111 crore for capital expenditure, signalling a focus on infrastructure development. ·          - Fiscal Deficit: Projected at 5.1% of GDP, indicating a balance between expenditure and revenue. ·          - Sectoral Initiatives: Emphasis on uplifting marginalized sections like farmers, women, and youth through targeted schemes. ·          - Taxation: No changes proposed in tax rates, ensuring continuity in fiscal policy. 2. Market Reaction: Following the budget announcement, the stock market experienced initial volatility. The BSE Sensex dropped 106.81 points, while the NSE Nifty fell 28.25 points, reflecting mixed sent...