Wealth Management Insights

Building wealth does not mean making more money! In reality, it's more about how you manage what you already have. I’ve met salaried professionals earning ₹50,000 a month who have more discipline and ultimately more peace of mind than high-income ones with 0 financial structure. The secret is that they follow principles like the 5 laws of wealth. Let’s break these down in a practical way: -- Savings: Save at least 20% of your monthly income. As of today, over 39% of urban Indians don't save regularly. Without a consistent savings habit, you're one emergency away from dipping into high-interest debt. -- Invest: Your money should work harder than you do. A monthly SIP of ₹5,000 in an index fund (with a 12% annual return) could grow to ₹1 crore in 25 years. -- Invest in Yourself: Allocate 5-7% of your income toward learning. Warren Buffett spends 80% of his day reading because he knows the ROI on knowledge is exponential. -- Patience: The most underrated virtue in wealth-building. We’re in a generation that celebrates “overnight success,” but long-term investing has proven to outperform active trading for most people. -- Diversification: Don’t put all your eggs in one basket. The 2008 crisis and even the COVID crash taught us that markets are unpredictable. Spreading your investments across 5–7 asset classes. Wealth is built by doing small things right over a long period. If you’re just getting started, pick any one law and apply it this month. Tag someone who’s been trying to fix their finances but doesn’t know where to start. #finances #moneymanagement

My daughter, Troi, is 26. She doesn’t make millions (yet). But she’s quietly building wealth — one smart habit at a time. As her dad and a financial planner for 30+ years, I see her doing things most people don’t figure out until their 40s. Here are the 5 habits she’s building that could make her a millionaire (and more importantly — financially free): 💡 𝗛𝗮𝗯𝗶𝘁 𝟭: 𝗦𝗵𝗲 𝗽𝗮𝘆𝘀 𝗵𝗲𝗿𝘀𝗲𝗹𝗳 𝗳𝗶𝗿𝘀𝘁. Every time she gets paid, she moves a chunk straight into savings or investments. Even before paying any bills, brunches, or travel plans. Then jokes about being “broke” for the next two weeks. 😂 But that’s not broke, that’s discipline. 💡 𝗛𝗮𝗯𝗶𝘁 𝟮: 𝗦𝗵𝗲 𝗶𝗻𝘃𝗲𝘀𝘁𝘀 𝗮𝘂𝘁𝗼𝗺𝗮𝘁𝗶𝗰𝗮𝗹𝗹𝘆. Same day. Same amount. Every month. Whether the market’s up, down, or sideways. The secret isn’t timing the market, It’s time in the market. 💡 𝗛𝗮𝗯𝗶𝘁 𝟯: 𝗦𝗵𝗲 𝗸𝗻𝗼𝘄𝘀 𝗵𝗲𝗿 𝗴𝗼𝗮𝗹𝘀. Last year, she wrote down three: 🎯 Build a $25K emergency fund. 🎯 Save for her first home. 🎯 Start investing toward early retirement. Every financial decision she makes ladders up to one of these. You're not just "saving" when you have clear written goals — short-term, mid-term, and long-term. Clarity turns wishes into strategy. 💡 𝗛𝗮𝗯𝗶𝘁 𝟰: 𝗦𝗵𝗲 𝘂𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱𝘀 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗱𝗲𝗯𝘁. Troi knows not all debt is bad. She avoids high-interest credit card debt but isn’t afraid of good debt that builds assets or future income. Like financing certifications, investing in herself, or someday buying property. Debt doesn’t have to drown you, it can be a tool if used wisely. 💡 𝗛𝗮𝗯𝗶𝘁 𝟱: 𝗦𝗵𝗲 𝘀𝗽𝗲𝗻𝗱𝘀 𝘄𝗶𝘁𝗵 𝗶𝗻𝘁𝗲𝗻𝘁𝗶𝗼𝗻. She enjoys her life. But she spends on experiences, not flexes. Every dollar has a job — either to grow, give, or bring joy. ✨ 𝗕𝗼𝗻𝘂𝘀 𝗛𝗮𝗯𝗶𝘁: 𝗦𝗵𝗲 𝗻𝗲𝗴𝗼𝘁𝗶𝗮𝘁𝗲𝘀 𝗳𝗼𝗿 𝘄𝗲𝗮𝗹𝘁𝗵, 𝗻𝗼𝘁 𝗷𝘂𝘀𝘁 𝘀𝗮𝗹𝗮𝗿𝘆. As she grows in her corporate career, she’s learned that money isn’t just about what you earn now. Wealth comes from building assets. She’s already asking smart questions about equity, ESOPs, and long-term benefits. Because ownership > income. — If she keeps these habits up… She’s not just on track to be wealthy, She’s on track to be free. 💪🏾 Wealth isn't luck, it’s consistent, intentional habits — done early and done often. — And if you’re helping your daughter or niece (or yourself!) build wealth from the ground up with the right habits: 📘 My book “The Journey” is for you. It’s a practical, approachable guide to building wealth and financial independence for women. Comment below if you'd like a copy! 👋🏾 #Investing101 #FinancialPlanning

𝟭 𝗶𝗻 𝟰 𝘃𝗲𝗻𝘁𝘂𝗿𝗲 𝗰𝗮𝗽𝗶𝘁𝗮𝗹𝗶𝘀𝘁𝘀 𝘁𝗵𝗶𝗻𝗸 𝘄𝗼𝗺𝗲𝗻’𝘀 𝗽𝗮𝗿𝘁𝗶𝗰𝗶𝗽𝗮𝘁𝗶𝗼𝗻 𝗶𝗻 𝗳𝗼𝘂𝗻𝗱𝗶𝗻𝗴 𝘁𝗲𝗮𝗺𝘀 𝗶𝘀 𝗼𝘃𝗲𝗿𝗿𝗮𝘁𝗲𝗱. 𝟭 𝗶𝗻 𝟭𝟬 𝘀𝗮𝘆 𝘁𝗵𝗲𝘆 𝗱𝗼𝗻’𝘁 𝘄𝗮𝗻𝘁 𝘁𝗼 𝗶𝗻𝘃𝗲𝘀𝘁 𝗶𝗻 𝘄𝗼𝗺𝗲𝗻. Together with Laura Koch and Elisabeth Berger (JKU - Institute for Entrepreneurship), I surveyed 361 international VCs using a randomized response technique to bypass social desirability bias. The results aren't unconscious bias. The results are open discrimination. And it’s personal. Some of the strongest startups I’ve seen at the University of Hohenheim were women-led, such as Holiroots or Viva la Faba. What a waste of potential. We knew gender bias existed in venture capital. Now we know how much — and where. 𝗪𝗵𝗮𝘁 𝗻𝗼𝘄? One recommendation from our findings that’s both practical and powerful: 👉 Increase the share of women in venture capital. Why it matters:  • Women VCs show significantly less bias.  • Diverse teams make better decisions.  • Mixed teams perform better. If we want fairer funding decisions, we must rethink who’s making them. 𝗟𝗲𝘁’𝘀 𝗻𝗼𝘁 𝗮𝘀𝗸 𝗶𝗳 𝘄𝗼𝗺𝗲𝗻 𝗮𝗿𝗲 “𝗶𝗻𝘃𝗲𝘀𝘁𝗮𝗯𝗹𝗲.” 𝗟𝗲𝘁’𝘀 𝗮𝘀𝗸 𝘄𝗵𝘆 𝘀𝗼𝗺𝗲 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 𝘀𝘁𝗶𝗹𝗹 𝗮𝗿𝗲𝗻’𝘁. The paper is open access in Venture Capital—An International Journal of Entrepreneurial Finance. Feel free to share it or use it in teaching, workshops, or policy work. 📄 https://lnkd.in/eN4jfJQx

5 financial habits of successful people 👇 Financial success isn’t about luck or earning six figures overnight. It’s about the small, consistent habits that add up over time. The good news is anyone can build them if they start today. Here are five simple habits financially successful people follow that you can too: 1. They track their spending It’s not about being stingy; it’s about knowing where their money goes. A quick check-in each week helps avoid surprises and keeps spending in check. 2. They automate their savings They don’t rely on willpower to save. Money moves straight to their savings or investment account before they even see it. It’s the easiest way to stay consistent and avoid the temptation to spend. 3. They review their finances monthly Once a month, they sit down and check their income, expenses, and goals. It’s a simple way to stay on track and adjust if needed. 4. They plan for unexpected expenses Car repairs, medical bills, or surprise costs → successful people expect the unexpected. They build an emergency fund so they’re not caught off guard when life happens. 5. They set clear financial goals Whether it’s buying a home, growing their business, or retiring early, they have a plan. A goal gives every pound a purpose and helps them stay focused. Big financial wins come from small, consistent actions. You don’t have to be a finance expert. Just start with one habit at a time.

A meager 2% of VC capital is invested in female-founded companies.  
Many people I know are working hard to highlight the funding gap between male and female-led companies, exploring the root causes, and proposing actionable solutions, including my colleagues, Teresa Wells, CFA Kate Nevin Lenore Champagne Beirne Research shows: 🚩Female-founded companies command only 7% of VC deal counts 🚩Teams with both male and female co-founders receive just 14.2% 🚩Only 2% of VC dollars were invested in female founded companies  🚩Women received just 11.4% of the total Small Business 504 Loans Yet: Rogue Women’s Fund Stats (as of 2020): Women led companies have 63% higher returns over 10 years period and invest up to 90% back to community and family. The Root Causes Identified: ➡️ Women are underrepresented in VC decision-making roles (just 11% of VC partners are women) ➡️ Childcare is unaffordable – 46% of women left jobs in 2021 for this reason ➡️ Women with higher VC positions in at male dominated firms protect their status by backing male biases ➡️ Gender stereotype and display of more feminine behavior (practicality) during pitches is viewed as lacking vision, while overinflated pitches and numbers are rewarded. Harvard Business School 2017 Pitch Study ➡️ Antiquated small business lending diligence biased against women. United States Senate Small Business & Entrepreneurship Committee 
 Proposed Strategies for Change:  ✅Raise awareness of the statistics above - go see the Show Her The Money documentary! ✅Get more women into VC investor roles  ✅Change the way diligence is done to address biases ✅ Create different fund structures that accommodate venture, private equity and debt ✅Promote networking opportunities through organizations like WOMEN IN TECH®- Global Movement @womenfundwomen ✅Help more women pursue careers in STEM and higher education 
Shoutout and thank you to the amazing women and their male allies who are doing this work and believe we can invest in the female operators to increase our global economy. #womeninbusiness #diversityinvc #venturecapital #privateequity #smb

I’ve often heard people say,
“Baniyas are born entrepreneurs.” Coming from a 4th-generation Gujarati business family, let me say this clearly:
No one is born with entrepreneurial wisdom. It’s learned. It’s practised. It’s taught patiently, over the years. And the “secret,” if there is one, is actually very simple:
Financial discipline from a young age. While growing up, in my family, the difference between money and wealth was often reinforced. My grandfather would say, “Money can buy you a meal, but wealth is teaching the seeds to grow, so you never go hungry”. In other words, money by itself can only give you temporary security and should not be viewed as a status symbol. But managing money thoughtfully is what creates long-term value. Here are some core habits I plan to pass on to my kids to build a habit of wealth creation and not simply chasing money: 1. Save before you spend. The first rupee you earn shouldn’t be the first rupee you spend.
Saving teaches two things no classroom does: financial discipline and intentional decision-making. It’s not about saving a lot, it’s about building the habit of protecting your money before spending it. 2. Know where your money goes. Awareness creates control.
I still do monthly personal finance check-ins.
Not to obsess, but to stay conscious and avoid surprises. And it’s okay if a month goes off-track. The point is not perfection, but rather course correction. 3. Build JOMO > FOMO :  In today’s world of one-click checkouts, unfortunately, spending is easy, and saving is not. That, mixed with our need for instant gratification, means we are constantly in FOMO mode. Create systems in your financial management that put friction in the right places and make saving or postponing a purchase easier. I personally use SIPs, but there could be other systems that work well, too. The reward of discipline and patience lasts far longer than the thrill of an impulse buy. The idea of creating value out of money isn’t inherited, but it is a mindset that family businesses have kept a secret for years. The best part is you don’t need to come from a business family to build this mindset.
You just need the discipline to start early, stay aware, and be consistent. I’d love to know - Any other habits which have made a big difference in managing your personal wealth?

Women-owned companies are still valued less. The data proves it. A 25% gap, and it’s not closing fast. This is not a myth or a feeling. It’s a number that shows up in reports (links in comments) The market says women-led businesses are worth less. This isn’t just about valuation. It’s about outcomes. When companies are valued less, they also exit for less and that compounds into less long-term wealth. But the market is wrong. Here’s what the numbers really show: Bias is not invisible. ↪ It’s measured in deals, multiples, and missed chances. Value and values are not the same. ↪ The market rewards what it’s used to, not what is right. The gap is not about performance. ↪ Women-led firms often deliver stronger results, with less capital. The system is slow to change. ↪ Old thinking still shapes how companies are funded and priced. The next generation is watching. ↪ Our daughters see the numbers. They see the gap. What do we tell them? We tell them the truth. The market is behind reality but catching up. Bias is real, but it is not permanent. ↪ Every year, more people see the gap and push for change. Every founder, investor, and adviser has the power to close the gap by valuing performance, not pattern. Because when businesses are valued fairly, they exit stronger. And when women exit stronger, they build generational wealth that lifts others too. Take action: If you’re a female founder, build value intentionally and plan your exit (this has an outsized impact on valuation) before the market tells you what you’re worth. If you’re a male ally, can we champion fair, unbiased value in every deal?

Success in investing isn't just about: - Hot Stocks - Best Funds - Insider Tips - Market Timing It's about mastering things you can control like: - Your Mindset - Your Behaviour - Your Saving Rate - Your Investment Tenure When you shift your focus to these key factors, your journey to financial freedom becomes inevitable. 🧠 Mindset: Cultivate a positive attitude towards money and investing. Develop your mindset to focus on your financial goals, and stay resilient in the face of challenges and distractions. 🔄 Behaviour: Develop healthy financial habits that align with your goals. Practice disciplined saving and spending, avoid impulsive decisions, and stay committed to your long-term plan. Avoid herd mentality. 💰 Saving Rate: Your savings rate is a powerful predictor of financial success. Focus on increasing your savings rate by living below your means and consistently setting aside a portion of your income for investment. ⏳ Investment Tenure: Patience is key in investing. Understand that wealth accumulation takes time, and be prepared to stay invested for the long haul. Avoid the temptation to chase short-term gains and instead focus on building wealth gradually over time. By mastering these fundamental aspects of investing, you take control of your financial destiny and set yourself up for success. Remember, it's not about timing the market or chasing the latest investment trends. True investing success lies in focusing on the controllable factors. #ControlTheControllable #InvestingSuccess #TakeControl _____ Want to get better with money? Follow Diipesh, and hit the 🛎️ You'll get notified on my next post.

Have you ever noticed how increasing your spending along with your income can undermine your savings goals? By resisting lifestyle inflation and prioritizing savings, you can build wealth more effectively. 𝗦𝗲𝘁 𝗚𝗼𝗮𝗹𝘀: Recognize the dangers of lifestyle inflation and the benefits of growing your savings. Develop strategies to keep your lifestyle steady while increasing your savings rate. Create a plan to allocate additional income towards savings and investments. 𝗧𝗮𝗸𝗲 𝗔𝗰𝘁𝗶𝗼𝗻: 𝟭. 𝗠𝗮𝗶𝗻𝘁𝗮𝗶𝗻 𝗬𝗼𝘂𝗿 𝗕𝘂𝗱𝗴𝗲𝘁: Keep your spending in check by sticking to a budget even as your income increases. This prevents unnecessary lifestyle upgrades. 𝟮. 𝗔𝘂𝘁𝗼𝗺𝗮𝘁𝗲 𝗦𝗮𝘃𝗶𝗻𝗴𝘀 𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝘀: As you receive raises or bonuses, automatically allocate a portion of the extra income to your savings or investment accounts. 𝟯. 𝗦𝗲𝘁 𝗦𝗮𝘃𝗶𝗻𝗴𝘀 𝗚𝗼𝗮𝗹𝘀: Define specific savings and investment goals that align with your long-term financial plans, and adjust them as your income grows. 𝟰. 𝗘𝘃𝗮𝗹𝘂𝗮𝘁𝗲 𝗘𝘅𝗽𝗲𝗻𝘀𝗲𝘀: Regularly review your expenses to identify areas where you can avoid unnecessary upgrades and keep your spending in line with your original budget. 𝟱. 𝗜𝗻𝘃𝗲𝘀𝘁 𝗪𝗶𝘀𝗲𝗹𝘆: Use any additional income to enhance your investment portfolio, ensuring that your wealth grows along with your income.

Nobody's getting rich by accident. But the process behind it is less complicated than you think. Earning more money doesn't automatically make you wealthier. It sounds obvious, but most people operate as if it does. As if the next pay rise, the next deal, the next good year is the thing that will finally move them forward. Meanwhile, fees quietly compound against them... Lifestyle inflates to match income...  Cash sits idle or gets deployed too fast into things they don't fully understand... And the gap between what they earn and what they actually build stays frustratingly narrow. Wealth isn't built by earning more. It's built by making better decisions with what you already have, and then repeating those decisions until time does the rest. These 11 habits are where that starts: 1. Stop Optimising Income, Start Optimising What You Keep ↳ Earning more means nothing if fees, taxes, and lifestyle inflation quietly absorb it. 2. Track Net Worth, Not Just Income ↳ Income tells you what came in, but net worth tells you whether any of it stuck. Make sure to review it quarterly. 3. Know What You Own and Why ↳ For every position you hold, be able to explain what it produces, what you paid, and what would have to go wrong for the thesis to break. 4. If You Can't Explain It, Don't Buy It ↳ If you can't clearly explain how you'd get your money back, you don't understand it well enough. Skip it. 5. Keep a Cash Buffer You Don't Touch ↳ Cash isn't dead weight. It's the thing that gives you options when everyone else is being forced to act. 6. Reinvest Before You Upgrade Your Life ↳ Every time income goes up, put the difference to work before your spending catches up. Lifestyle creep is quiet, permanent, and very expensive. 7. Read the Fees Before You Sign ↳ A 1% annual charge doesn't feel like much. Over 30 years, it's decades of compounding pointed in the wrong direction. 8. Don't Act Until Acting Is Obviously the Right Call ↳ The impulse to do something is usually discomfort with uncertainty, not a signal that action is needed. Wait until the decision is genuinely clear. 9. Get Comfortable Holding Cash When Nothing Is Cheap ↳ Cash is not a problem to solve. When good value is hard to find, sitting on it is the right position. 10. Start With the Downside ↳ Before you get excited about what could go right, ask what happens if you're wrong. Protect the downside properly, and the upside has room to take care of itself. 11. Give Time More Credit Than You Currently Do ↳ A decade of disciplined decisions compounds into something most people significantly underestimate. The best move is usually the one with the longest horizon. Discipline and good decisions, repeated consistently, do more heavy lifting than most people ever give them credit for. What's one financial habit you wish you'd started earlier? . . . . ♻️ Repost to give your network a better set of financial habits. Follow me Andrew Faber for more on investing and allocating capital.