Saving for Next Gen !
I know a person from Kolkata whose net worth is not less than ?500 crores.
He usually travel by auto, metro and taxi.
However, his son always prefer to drive an audi or BMW. I asked him why you travel by an auto or metro and your son always prefer fancy cars.
He replied : It is always the next generation who either enjoy or suffer because of your decisions and choices.
Millennial Mindset
There is a paradigm shift in preferences and increasing demand for vehicles which costs > 10 lakhs.
There is a remarkable? 50 percent increase in the demand for SUVs, signifying a preference for spacious and versatile vehicles, the platform added.???
In terms of vehicle preferences, there has been a noteworthy 50 per cent?increase in the demand for SUVs. This surge indicates a growing preference among buyers for spacious and versatile vehicles. CarLelo's ability to meet this demand underscores its understanding of consumer preferences and market trends, the company added.
While previous generation kept on saving money next gen is keen on spending !
Question is
Do you want to save money even at the cost of troubling yourself with hardships only to ensure that the next generation will splurge big time ?
What is the motivation to do well when they have so much money at their disposal ?
In the end what is the whole purpose of saving ??
Executive Search Expert | Repatriation Specialist for Indian Diaspora Talent | Transforming Global Leadership Teams | SHRM India Top HR Influencer | Career Transition Consultant | Empowering Leaders Worldwide
7 个月Heads you Win- Tails you lose, right Raghav HR ")!? Guess it's a mindset we can attribute to the generation gap? Father used to walk 20 mins to save ?100. Son spends ?100 to save 20 mins. Neither is wrong!!
Assistant HR Manager
7 个月How?
Founder and Managing Trustee at Samatva Centre for Social Cause, practicing advocate and PHD Scholar at Christ University
7 个月Wow