Should I stop spending on Starbucks, eating out and vacations if I want to build wealth?
Published 18 September 2026
How do you think about it Bedant?
If you earn ₹25 lakh a year, going to Starbucks four or five times a month is not necessarily the problem.
The point of earning more is also to have a good life.
What matters is knowing what you actually spend. People usually know their EMI, insurance premium and school fees. But they often don’t know how much they spend on eating out, entertainment, groceries and travel.
The bigger issue can be annual expenses such as vacations that never get included when someone says, “My monthly expense is ₹1 lakh.”
“If you can’t go to Starbucks four or five times, then stop working.”
“You have to live your present also and you have to save for your future also.”
This question and answer is derived from the podcast between Bedant and Sachin. See the full podcast here.
This is not personalized investment advice. Your financial situation, goals and constraints may be different, so assess your own situation and discuss it with your financial advisor.
The point of earning more is also to have a good life.
What matters is knowing what you actually spend. People usually know their EMI, insurance premium and school fees. But they often don’t know how much they spend on eating out, entertainment, groceries and travel.
The bigger issue can be annual expenses such as vacations that never get included when someone says, “My monthly expense is ₹1 lakh.”
“If you can’t go to Starbucks four or five times, then stop working.”
“You have to live your present also and you have to save for your future also.”
This question and answer is derived from the podcast between Bedant and Sachin. See the full podcast here.
This is not personalized investment advice. Your financial situation, goals and constraints may be different, so assess your own situation and discuss it with your financial advisor.
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