1. Cash balance exhausted as month ends.
2. Spending windfall income on lifestyle expenses.
3. No personal medical insurance as the employer provides it.
4. Insuring self and family through costly traditional policies.
5. Not buying a house as the employer provides accommodation.
6. Provident Fund deducted from salary is enough for retirement.
7. No allocation to investments in early professional life.
8. Investing at the last minute to claim income tax benefits.
9. Investments are random and unfocused.
10. Investment is based on trying to time the market.
11. Investment decisions are based on overconfidence.
2. Spending windfall income on lifestyle expenses.
3. No personal medical insurance as the employer provides it.
4. Insuring self and family through costly traditional policies.
5. Not buying a house as the employer provides accommodation.
6. Provident Fund deducted from salary is enough for retirement.
7. No allocation to investments in early professional life.
8. Investing at the last minute to claim income tax benefits.
9. Investments are random and unfocused.
10. Investment is based on trying to time the market.
11. Investment decisions are based on overconfidence.