In an insightful and deeply reflective discussion, Alok Jain, Founder of Weekend Investing, has shed light on what he calls the “biggest savings myth” that traps even the most disciplined investors — the illusion that relentless frugality and delayed gratification are the ultimate paths to financial success. His message: Compounding wealth is valuable, but compounding joy is equally essential. Advertisement

Jain’s talk goes beyond the usual personal finance advice of saving and investing early. He begins by addressing a popular formula — the 15x15x15 rule, which suggests that investing Rs 15,000 every month for 15 years at a 15% annual return can create significant wealth. While mathematically accurate, Jain argues that such frameworks overlook a critical aspect — the human experience be

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