1. India has a huge population of poor people who are not financially literate. This is due to the fact that they have been taught wrong values about money. They are taught that money is something bad and should be avoided at all costs. They are taught that if someone offers them money, then they should refuse it. This is because they were told that money is evil and only the rich can afford to give away their hard earned money.

 2. Indian parents teach their children that money is bad and that they should avoid spending it. They tell their children that they should save their money instead of spending it. If a child does spend his/her money, then he/she should do it wisely. He/She should buy what he/she really needs and not what he/she wants.

 3. Indians are taught that they cannot trust others and that they should always keep their money hidden from other people. They are taught that they should never show their money to anyone else. They are taught that no one would want to steal from them.

 4. In India, there are many scams and frauds where people take advantage of the poor and needy. These scammers use the same tactics to trick people into giving them their money. They promise to help people get jobs but end up taking their money.

 5. In India, there is a lot of corruption in government offices. People often bribe officials to get things done faster and easier. Many times, these bribes go unreported.

 6. There is a lot of cheating in schools. Students cheat each other to get better grades. Teachers often give students good grades just because they know the student.


1. Indian's are not taught how to manage their money effectively. They are not taught that they have to save money from their first pay check. They are not taught about credit cards and what happens if they don't pay back the amount they owe. They are not taught how to invest their money into stocks and bonds. They are not taught to budget their expenses.

 2. Most people think that they can get rich quick through illegal means. But they do not know that it takes time to build wealth. People who want to become wealthy should learn about investing and saving.

 3. Most people think that education does not matter. Education has always helped me achieve my goals. If you educate yourself, you will realize that everyone wants to make money. Everyone wants to earn more than he/she earns now. Everyone wants to live better than his/her parents did.

 4. Most people are not taught that they need to work hard to get rich. You need to study hard, work hard, save your money, and invest wisely.

 5. Most people are not educated about the stock market. They do not understand how the stock market works. They do not understand that the stock market is unpredictable.

 6. Most people are not aware of the importance of self-control. Self control is the ability to control our own actions and emotions. Without self-control we cannot succeed in life.


1. They are lazy

 They just don't care about money. If they didn't have enough food to eat, then they would not worry about money. They are happy with whatever little they have.

 2. They are too smart

 They know that education is the best way out of poverty. So they do not go beyond their basic needs.

 3. They are ignorant

 Most Indians are illiterate. They cannot read or write. Most people just do not want to learn anything. They are satisfied with what they already know.