Why (Indian) millennials just can't manage their money, and how Covid could change the scene altogether

Millennials have increasingly become a bigger part of the Asian consumer class that has driven travel and spending across the world. In India, savings in physical and financial assets as a portion of gross domestic product has been dropping, while net financial savings as a share of the gross national disposable income has also come down.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/why-indian-millennials-just-cant-manage-their-money-and-how-covid-could-change-the-scene-altogether/articleshow/78614623.cms