But the real question is are your financial decisions getting smarter?
The Middle East crisis is impacting oil prices, supply chains, and ultimately… your daily expenses.
But here’s a hard truth:
Your wealth is not destroyed by inflation.
It is destroyed by poor financial choices during inflation.
One rule I always follow:
Money saved is money earned.
In times like these, controlling unnecessary expenses is more powerful than increasing income.
And the biggest mistake most people make?
Spending on depreciating assets.
Let’s talk about the most common one a brand new car.
Most people buy cars to look rich.
Smart people buy cars to stay rich.
Still think used cars are for people who can’t afford new ones?
Then look at Warren Buffett.
He bought a used Cadillac XTS.
Not because he couldn’t afford a new one but because he understands wealth.
Now look at the math:
A new car costs ₹20 lakh
The same car after 3 years costs ₹10 lakh
You save ₹10 lakh.
Invest that ₹10 lakh at 12% return…
In 10 years = ₹31 lakh+
Same car.
Same utility.
But one decision creates wealth.
The other destroys it.
So next time you make a purchase, ask yourself:
Is this making me look rich…
Or actually become rich?
Because in today’s world, financial discipline is the real luxury.
Money saved is not just money earned.
It is money that compounds.