Latest news with #AkshatShrivastava
Time of India
6 days ago
- Business
- Time of India
Akshat Shrivastava solves your daily spend-vs-save dilemma in just one simple sentence
The One Sentence That Unlocked It All MORE STORIES FOR YOU ✕ « Back to recommendation stories I don't want to see these stories because They are not relevant to me They disrupt the reading flow Others SUBMIT Financial coach and Wisdom Hatch founder Akshat Shrivastava recently offered a masterclass in one tweet that cut right to the heart of modern money woes. Writing on X (formerly Twitter), he reflected on how upbringing shapes our habits. 'My parents came from humble backgrounds. Seeing them save money constantly rubbed off on us,' he confessed, noting how his childhood savings mindset later led him to debate even a ₹250 Greek yogurt Shrivastava turned to the other side of the ledger. He called out another breed of people—'spenders'—those swept up by flashy lifestyles, fast cars, and Instagram influence. 'There is no right answer to 'how much should you spend,'' he wrote, spotlighting that what we really decide is how much stress we're willing to live a moment of signature clarity, Shrivastava distilled decades of money advice into a single line: 'The cost of spending is the loss of freedom.' It was poetic—and immediate. His tweet resonated deeply, turning abstract financial wisdom into a visceral reactions poured in, echoing his insight. One user wrote, 'Your point about stress vs freedom is gold … spending isn't about the money, it's about the peace you keep.' Another opined, 'Wealth is freedom, not just a number.' Readers praised his framing of spending as not a financial act, but a deeply personal decisionIn an era of endless products, get-rich-quick schemes, and influencer-fueled spending sprees, Shrivastava's simple statement refocuses us on what really matters: the emotional cost of living beyond our means. It's not just about avoiding debt—it's about preserving freedom, calm, and control. As he wisely attested, the ultimate question isn't how much you spend, but how much stress you're willing to live with. And that's a lesson we could all take to heart.
Mint
21-06-2025
- Business
- Mint
Financial advisor shares mantra to save 95% income: '…Never let my lifestyle'
In an era marked by aspirational spending and social media-driven consumerism, financial educator and investor Akshat Shrivastava has drawn attention online for his disciplined and pragmatic approach to money management. In a detailed post on X, Shrivastava revealed how a single core philosophy helped him save up to 95 per cent of his income—despite significant jumps in earnings over the years. Shrivastava began his professional journey on a modest monthly salary of ₹ 10,000. Residing with his parents, using a second-hand mobile phone, and sticking to home-cooked meals, he still managed to set aside ₹ 1,000– ₹ 2,000 every month. With no debt and a simple lifestyle, he built strong saving habits early on. His financial trajectory changed significantly when he landed a corporate role offering an annual package of ₹ 50 lakh. However, rather than increasing his spending in line with his income, Shrivastava maintained his frugal lifestyle. He continued to live debt-free and reportedly saved ₹ 20 lakh annually, directing most of it into high-growth investments. As those investments began yielding passive income, his journey toward financial independence accelerated. Now a family man based in a high-cost city and travelling internationally, Shrivastava claims he still manages to save 95 per cent of his income. He attributes this to one steadfast principle: 'Don't buy something once unless you can afford to buy it twice.' 'This mindset is non-negotiable unless it is an investment in upskilling,' he wrote in his now-viral post. Shrivastava clarified that his approach to personal finance was not about austerity, but about conscious, values-based decisions. 'Most people give in to lifestyle inflation when their income goes up. But I never let my lifestyle inflate faster than my income,' he added. His post resonated widely, with many praising his financial discipline and long-term thinking. However, others pointed out that such a high savings rate might be unrealistic for many Indians facing stagnant wages and the rising cost of living. Still, the overarching message struck a chord. Many users shared their own experiences with impulse purchases and debt traps, highlighting the importance of financial literacy and restraint from an early age. Shrivastava concluded his post with a clear message: build wealth not by chasing trends but through steady, mindful financial habits. 'Save, invest, and live below your means—even when you start making more. That's how you win long-term,' he wrote.
News18
20-06-2025
- General
- News18
Are Indians The Most Overworked People On Earth? Netizens Debate Over Viral Post Claim
Last Updated: His observation, made in response to a conversation about reservation and employment, has sparked wide-ranging responses online A viral post on social media platform X has reignited discussions around work culture, education pressure, and social mobility in India. The comment, made by user named, Akshat Shrivastava, claimed that 'Indians are the most overworked people on earth. Not by choice. But, by system." His observation, made in response to a conversation about reservation and employment, has sparked wide-ranging responses online — from agreement to criticism, and everything in between. In a detailed post, Shrivastava outlined why he believes this pattern of overwork is deeply embedded in Indian society. He wrote: 'Kids studying for IITs would easily study 10-12 hours/day. This ability to 'slog" continues at work. This habit to 'slog" continues in adult life… While their European colleagues would have 'down time", Indians would sacrifice their sleep, family and health, to serve their company." Shrivastava pointed to the pressures young Indians face early in life, stating that the drive to overwork often stems from a lack of options and economic security. 'What's the root cause of all this? Well, it comes down to building survival instincts from a young age. Many hardworking kids have no choice but to slog. Build merit–> build a better life. That's their only option to a better life." His post was a reply to another user, Ravi, who had commented on the reservation system, stating that general category students do not lose seats to reserved category applicants, but to other general category candidates. Shrivastava's response quickly went viral, sparking a flurry of reactions. Some users supported his perspective, agreeing that Indian society encourages relentless effort from a young age. 'Indians don't hustle out of ambition. They hustle because the system taught them there's no safety net, only grind or fall," a comment read. 'Glorifying 'slogging' as the only path feels like accepting a broken system. Isn't the real tragedy that survival depends on such extremes?," another user responded. Others, however, pushed back against the idea that overwork should be normalised. 'Hard work is not a problem. Mindset is. Indians need to know: hard work isn't always the key to success — leverage is." 'Indians are often trapped in a cycle of relentless hard work, chasing middle-class stability without questioning the true return on investment for their efforts. The grind for IIT or NIT can open doors, but why does the pressure to top the class start so early, robbing teens of their youth?," another added. One user sharply criticised Shrivastava for lacking social insight, despite his strong grasp of financial matters: 'I've never seen someone so brilliantly astute when it comes to financial literacy and that part of the horizon and then be a completely oblivious illiterate when it comes to social aspects. just fascinating that someone can be this knowledgeable and this ignorant at the same time."
NDTV
20-06-2025
- General
- NDTV
X User Says "Indians Are The Most Overworked People On Earth", Sparks Discussion
Akshat Shrivastava, a finance advisor and a content creator, has sparked a debate online after saying that Indians are the most overworked people on earth, not by choice, but because of systemic pressures ingrained from a young age. Taking to X, Mr Shrivastava cited the example of children studying 10-12 hours a day to prepare for competitive exams. This ability to "slog", he argued, carries over into adulthood. "Many hardworking Indians migrate abroad. While their European colleagues have downtime, Indians sacrifice their sleep, family and health to serve their company," he wrote. The content creator attributed this pattern to a survival mindset that begins from a young age. "What's the root cause of all this? Well, it comes down to building survival instincts from a young age," he said, adding: "Many hardworking kids have no choice but to slog." "Build merit - build a better life. That's their only option. They work silently, putting in hours. Right from the time they are 12-13-year-old kids. Why? because working hard is 100x better than entitled begging," he wrote. [1] Indians are the most overworked people on earth. Not by choice. But, by system. Example: kids studying for IITs would easily study 10-12 hours/day. This ability to "slog" continues at work. [2] This habit to "slog" continues in adult life. Example: many hardworking… — Akshat Shrivastava (@Akshat_World) June 19, 2025 Mr Shrivastava's post has triggered mixed reactions on social media. While several users agreed with him, others shared their critical perspective. "Indians are often trapped in a cycle of relentless hard work, chasing middle-class stability without questioning the true return on investment for their efforts. The grind for IIT or NIT can open doors, but why does the pressure to top the class start so early, robbing teens of their youth?" questioned one user. "Indians don't hustle out of ambition. They hustle because the system taught them there's no safety net, only grind or fall," expressed another. "It's not hustle culture, it's survival culture. For many Indians, hard work isn't ambition-it's the only way out," commented a third user. "India's work ethic is rooted in survival, not passion. From competitive exams to corporate cubicles, the system teaches us that hard work is the only escape from poverty and mediocrity. This mindset-while admirable-often rewards burnout, not brilliance. Children sacrifice play for tests, adults sacrifice health for targets," said another. However, one user wrote, "Hard work is not the problem. Mindset is. Indians need to know: hard work is not the key to success - leverage is." "If you are born among 1.5 billion people in a 3rd world country, Hard work and Struggle are inevitable," expressed another.
Hindustan Times
20-06-2025
- General
- Hindustan Times
‘Indians are the most overworked people on Earth': YouTuber's viral post sparks discussion
A viral post by finance YouTuber and content creator Akshat Shrivastava has reignited debate over India's deeply ingrained culture of overwork, a pattern he attributes not to personal choice, but to systemic pressures ingrained from a young age. In a post on X (formerly Twitter), Shrivastava wrote, 'Indians are the most overworked people on earth. Not by choice. But, by system,' citing the example of children preparing for competitive exams like the IIT-JEE who often study 10–12 hours a day. This early conditioning to 'slog,' he argued, carries over into adulthood. (Also Read: 'Narayana Murthy must be dancing': Karnataka's 12-hour workday proposal triggers meme fest) 'This habit continues in adult life,' he wrote. 'Many hardworking Indians migrate abroad. While their European colleagues have downtime, Indians sacrifice their sleep, family and health to serve their company.' He attributed this pattern to a survival mindset that begins in adolescence: 'Many hardworking kids have no choice but to slog. Build merit → build a better life. That's their only option.' The post has sparked a flurry of responses on social media, with many echoing the sentiment and others offering critical perspectives. One user commented, 'Yet despite longer working hours, overall productivity remains so low that it cancels out the extra effort.' Another noted, 'Glorifying slogging as the only path feels like accepting a broken system. True merit should value sustainable effort and well-being.' Others questioned the social cost of this relentless pursuit of success. 'Why does the pressure to top the class start so early, robbing teens of their youth?' asked one user. While Shrivastava's take struck a chord with many, it also triggered introspection. As one user summed it up, 'Hard work is not the problem. Mindset is. Indians need to know: hard work is not the key to success — leverage is.' (Also Read: 'Work 50-60 hours a week, most weekends': Virginia man on harsh reality of life after college)
