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Which habit builds wealth slowly but surely—spending more or saving first?
Updated: 11-Apr-2025

Saving first builds lasting wealth. It’s known as “paying yourself first”—putting money into savings before spending on anything else. Even saving small amounts consistently can lead to big results over time, thanks to compound interest. For example, saving ₹1,000 per month at 8% annual return becomes ₹18+ lakhs in 20 years.

The key is consistency, discipline, and automating your savings. Whether for emergencies, education, or investment, savings provide security and options. Avoid the trap of spending first and saving what’s left—it rarely works. Make saving a non-negotiable expense.

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