Are Indians Falling Behind in Household Savings?

Household Savings: Are Indians Saving Enough?

• India’s Household Savings Rate: 15-18% of income.
• South Korea’s Household Savings Rate: 34.4% (Highest in the world).

This means South Korean households save MORE THAN DOUBLE compared to Indians! 😨

Why do Indians save less?

• Rising consumerism & easy credit
• Lack of long-term financial planning
• Savings often stay idle instead of being invested for growth

Can You Afford a Medical Emergency Without Insurance?

Medical Costs Are Skyrocketing: Are You Financially Prepared?

• Healthcare costs in India have DOUBLED in the last decade!
• Medical inflation is rising at 14% per year!
• A major illness can wipe out a family’s entire savings in months!

The Reality:

• An ICU stay in a private hospital? ₹50,000 - ₹1,00,000 per day!
• Cancer treatment? ₹10-25 lakh+
• Heart surgery? ₹3-10 lakh

Most Indians pay medical bills OUT OF POCKET!

Are You Missing Out on Stock Market Wealth?

Stock Market: A Missed Wealth Opportunity!

• USA: 55% of adults invest in the stock market.
• India: Only 2.8% of people have a Demat account!
• 97% of Indians are missing out on wealth creation!

Why?

• Lack of financial education
• Obsession with gold & real estate
• Fear & limited exposure to investments

Could You Be the Next Victim of Financial Fraud?

Financial Frauds: India’s Silent Epidemic!

Banking Frauds (FY 2023-24)

• 166% increase in fraud cases! (From 13,564 to 36,075 cases!)
• ₹13,930 CRORE STOLEN!

Cyber Frauds (FY 2024-25 - First 9 months)

• 13,384 cybercrime cases reported!
• Hackers stole $12.2 MILLION from people like YOU!

Biggest Scam?

Mumbai alone lost ₹12,000 CRORE to financial fraud in 2024!

Are Indians fulfilling their tax responsibilities?

Tax Crisis: Are Indians Avoiding Their Duty?

72.8 million tax returns filed in AY 2024-25.

• That’s JUST 4.98% of the population!

Now compare:

• USA: 58% of citizens file taxes.
• India: Only 5 out of 100 people pay direct taxes!

Why is this a disaster?

• Huge informal economy
• Millions of income earners AVOID taxes
• No compliance or awareness

If India had a larger tax base, imagine how our economy would GROW!

Is India Struggling with Financial Ignorance?

Financial Literacy: Are We the Least Educated About Money?

India ranks 121st out of 144 countries in financial literacy!

• Only 24% of Indian adults understand basic finance!
• This means over 75% of Indians are financially clueless!

Where does India stand in the global picture?

• Norway, Sweden, Denmark → 70%+ literacy
• Global Average → 33%
• India → 24% (Way below average!)

The Gender Gap is Worse!

• Men → 27% literate
• Women → Only 20% literate!

Financial ignorance = Financial disaster.

Are you learning how to protect & grow your wealth?

Will Your Family Be Financially Safe Without You?

Life Insurance: If Something Happens to You, Will Your Family Survive?

Imagine if the worst happens… Will your family be financially secure?

• INDIA: Only 3-4% of the population is insured!
• LIFE INSURANCE PENETRATION: JUST 3.7% of GDP!

Now, look at the global comparison:

• South Korea: 99% insured! (11-12% of GDP)
• Japan: 90% insured! (8-9% of GDP)
• USA: 55-60% insured! (4-5% of GDP)

INDIA? Most families rely on savings alone!

A single tragedy can wipe out everything!

Do you have insurance? Or are you leaving your family’s future at risk?

Is Rising Debt Silently Destroying Indian Households?

Household Debt: Indians Are Borrowing More Than Ever!

Debt-to-Income Ratios Are Soaring!

Historical Debt Trends:

• 1999: 2.2%
• 2007: 44.7% (Peak!)
• 2016: 31.9%
• 2024: 17.1% (March)

Recent Surge in Loans (Q3 FY 2024):

• Household debt hit 39.1% of GDP! (16.5% Year on Year increase!)
• Most of this? Non-housing loans!

THE WARNING SIGNS:

• More debt = More financial instability!
• Debt traps ruin lives & futures!
• If not managed wisely, borrowing can DESTROY your wealth!

Are you in control of your finances? Or drowning in loans?