New Delhi, April 17 -- Many Indians find themselves struggling to devise an investment plan and save money efficiently. This is happening in an era of global inflation, economic tariffs and disputes between nations all over the world. This is an era where financial stability is of paramount importance.

Now, even after a cultural emphasis on saving and investing, several common financial mistakes and missteps can hinder economic prosperity and wealth accumulation. This write-up focuses on discussing five financial mistakes that deter you from saving money in a planned manner.

It is crucial to note that failing to create a clear budget and adhering to a planned way of spending your funds is a widespread problem. Without a clear understand...