Understanding the psychology behind Personal Money Management in India.

Profession?

Student

Working Professional

Business Owner/Entrepreneur

What is your approximate annual income?

Less than ₹5 lakhs

₹5 – ₹10 lakhs

₹10 – ₹15 lakhs

₹15 – ₹25 lakhs

₹25 – ₹40 lakhs

More than ₹40 lakhs

Prefer not to say.

Who do you financially support through your income? (Select all that apply)

Myself.

Parents and/or Siblings

No one, I currently don't earn.

Whose finances do you help manage? This includes budgeting, bill payments, investments, taxes, etc. (Select all that apply)

My own.

Parents and/or Siblings

I don't actively manage mine or anyone else's finances.

Across how many categories is your money currently spread? (Think bank accounts, wallets, mutual funds, stocks, gold, etc.)

1-2

Honestly, I'm not sure anymore.

How often do you wish you had a clear, and complete view of your finances? (This includes tracking your investment portfolio, bank balances, insurance timelines, etc.)

Almost every day, I hate not knowing.

A few times a week, usually when something feels off.

Once or twice a month, for peace of mind or planning.

Rarely, only when there's a big event or crisis.

Never, I don’t think about it that way.

And how often do you actually take out the time to do it?

Almost never, I keep putting it off even if it bothers me.

Once in a few months, when it really can’t be avoided.

Maybe once or twice a month, if I get the time.

A few times a week, but only in bits and pieces.

Almost every day, I make it a priority.

How do you usually get a full picture of your finances? (Select all that apply)

Refer to a comprehensive sheet I made.

Open a bunch of apps and check manually.

Ask a professional.

Ask a family member.

Mentally estimate.

Refer to a single app.

I don't really do that.

How do you keep track of important details like nominees, account ownership, or maturity dates?

I store them physically.

I store them digitally.

I’ve shared them with someone I trust.

I keep them in my head.

I don’t really track these.

Is there anyone who knows how your finances are structured, apart from you?

Yes, completely.

They know a little, not everything.

Haven't thought about this.

If someone else had to step in and understand your finances in your absence, how easy or hard would that be?

Very easy.

They'd figure it out with some effort.

It would be really difficult.

I've never thought about it.

What parts of your financial setup always feel like a mess? (Select all that apply)

Keeping track of my expenses.

Keeping track of my overall investment portfolio.

Nominee and ownership details.

Keeping track of SIPs.

Insurance premium payments.

Credit card bill payments.

Could you please describe what you mean by 'Something else'?

And how often do you find yourself feeling mentally tired because of that?

Daily

A few times a week

A few times a month

It's random, event-specific.

Lastly, how easy or difficult is it for you to stay on top of your money?

Very difficult, I find it overwhelming and mentally exhausting.

Difficult, I struggle and often lose track.

Neutral, I try, but it’s hit or miss.

Easy, I have a fair idea most of the time.

Very easy, I never feel confused about my money.