A Millennial’s Guide to Saving the Fuck Up


A Millennial’s Guide to Saving the Fuck Up

Illustration: Juergen Dsouza


am driving around Mumbai with a friend that I often drive around Mumbai with, when he tells me he wants to “get into mutual funds” with the same tone that someone would use if they wanted a date with Radhika Apte. While aspiring for such a date could be considered difficult, it takes under half an hour of internet form-filling and all of one web search to start investing in mutual funds. So I tell my friend to begin an SIP, to which he replies, “Is that Stupid Intolerant Politicians?” At this point, we quit talking finance.

As far as I’m concerned, this level of financial literacy is the equivalent of only being able to scribble your name, but somehow very few people my age (FINE, millennials) seem to have any. While I got a very basic knowledge of such matters from a father, who lends money to other people, and by swapping The Bombay Times for the occasional Economic Times, everyone else seems to have missed the memo about money being important. They seem to come from the school of thought that believes small, large, and medium caps are things you get at the neighbouring Nike store.