Wealthy Mindset

Building wealth, one mindset shift at a time.

Tag: personal finance

HDFC Infinia metal card

HDFC Infinia Lives On: Why the Deval Doesn’t Kill Its Premium Power

The HDFC Infinia credit card has stirred significant discussion due to recent changes in its reward system, notably reducing accelerated points on Gyftr vouchers from 5x to 3x, effective January 16, 2026. Critics argue this devaluation lowers returns from 16.6% to about 10%, prompting concerns over the card’s viability. However, a closer inspection reveals that Infinia still offers substantial value through benefits like unlimited lounge access, travel perks, and flexible redemption options. Despite some drawbacks, Infinia remains competitive in the ultra-premium segment, appealing especially to users prioritizing comprehensive premium services over high-yield vouchers.

, , , , , , , , ,
infographic for building first 10 lakhs in 5 years

Building Your First ₹10 Lakh in 5 Years

To reach ₹10 lakh in 5 years, you need to consistently save and invest ₹14,000–₹16,000 monthly at 10–12% annual returns. The real wealth acceleration happens in years 3–5 when compounding kicks in. That ₹10 lakh can become ₹25+ lakh by year 10 if you stay invested.

Your first ₹10 lakh isn’t about getting rich—it’s about proving to yourself that you can. From there, everything accelerates.

, , , , ,

Save Money and Become Debt-Free Faster: Tips for Paying Off Your Car Loan Early in India

Are you tired of making car loan payments month after month? Paying off your car loan early can save you money on interest and help you become debt-free faster. In this article, we’ll give you five tips for paying off your car loan early in India, including making extra payments, refinancing, and using a lump sum payment.

, , , , , , ,

Why Understanding the Psychology of Money is Key to Building Wealth: A Review

The Psychology of Money is a powerful and thought-provoking book that delves into the underlying psychological factors that drive our financial decisions. Written by Morgan Housel, the book provides valuable insights into how our emotions, behaviors, and experiences shape our relationship with money. Through a series of engaging and relatable examples, the author shows readers how to overcome the biases and misconceptions that often stand in the way of achieving financial success. This book is a must-read for anyone looking to take control of their finances and build wealth in the long term.

, , , , , , , , ,
Illustration of a young Indian professional sitting at a desk in a modern office, managing finances on a laptop. The desk features investment documents and a chart showing upward financial growth. The background includes icons representing savings, investments, SIPs, gold, and financial goals, symbolizing wealth-building and financial success. The image uses a bright and motivational color palette.

Smart Moves to Build Wealth in 2025: A Guide for Young Indians

Unlock your financial potential in 2025 with these smart wealth-building strategies tailored for young Indian earners. Start small, think big, and stay consistent.

, , , , , , , , , , , , ,

Empowering your financial future: The importance of financial literacy and how to improve it

Financial literacy is crucial for making informed financial decisions and achieving financial goals. Unfortunately, many people lack the knowledge and skills needed to manage their money effectively. In India, financial literacy rates are particularly low, with a significant portion of the population lacking basic knowledge about financial concepts such as savings, budgeting, and investing. In this article, we’ll explore the importance of financial literacy and provide tips on how to improve it.

, , , , , , ,

Cryptocurrency investing 101 for Indian retail investors

The world of cryptocurrency investing can be a confusing and intimidating one for many retail investors, especially in India where regulations and awareness about digital currencies are still in the nascent stage. However, with the growing popularity of cryptocurrencies like Bitcoin and Ethereum, it’s becoming increasingly important for investors to understand the basics of this new asset class.

, , , , , , , , , , , , ,

The Pros and Cons of Switching from Regular to Direct Mutual Fund Plans

Are you considering switching from a regular to a direct mutual fund plan? It’s important to understand the fee structure, minimum investment amount, and type of investor you are before making a decision. Our latest article delves into the pros and cons of regular and direct mutual funds and provides a step-by-step guide to making the switch, including tax implications and lock-in period considerations.

, , , , , , ,

The Top 7 Apps for Tracking Your Mutual Fund Portfolio in India

Tracking your mutual fund portfolio can be a crucial step in managing your investments and achieving your financial goals. With the advent of technology, there are now several apps available that allow you to easily track your mutual fund portfolio, right from your smartphone. In this article, we will take a look at some of the best apps for tracking mutual fund portfolio in India, including Moneycontrol, Groww, Coin, ValueResearchOnline, ETMoney, Mprofit, MyCAMS mailback service.

, , , , , , ,