Young Indians don’t want to spend on financial advice


hey splurge on mobile apps, apparel and eating out but very few young Indians want to spend on getting the right financial advice. A recent survey says that only 1 out of every four young investors goes to a professional advisor for financial advice. The survey was conducted by Value Notes for life insurance company HDFC Life. Of the 404 young investors surveyed in 11 cities across India, 31% said they chalked out their financial plans themselves while 39% said they relied on advice from friends and relatives.
http://economictimes.indiatimes.com/personal-finance/savings-centre/analysis/young-indians-want-to-spend-on-clothes-gizmos-but-not-financial-advice/articleshow/13010195.cms

 

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