- Parents pushing their children to purchase a house, promising that they will make a down payment
- Parents pushing their children to purchase LIC policy from a known uncle
- Children pushing their parents to invest retirement corpus in equities, though they never had any experience of the same
- Spouse not taking an interest in managing finances
- Spouse not aware of investments and insurance details or even how the money is being invested
- Nomination is missing in half of the investments and insurance
- Investment in stocks suggested by a friend/family member
- Investment in 10/20/30 mutual funds in the hope of higher returns
- Not purchasing a health insurance policy because your family is covered under corporate health insurance cover
- Not purchasing term insurance because you get nothing on maturity
- Purchasing life insurance policies for investment purposes
- Tracking investments daily
- Investing in options to get rich in a single day
And so on….
What is one-liner story of your household?
