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Why keeping all your money in saving account may be a costly mistake, explains CA

📅 October 17, 2025 12:00 AM 🕐 Scraped: October 21, 2025

Summary: Many people believe that money parked in a savings account is the safest option. But an expert warns that this habit could quietly drain your wealth over time, especially when inflation eats into low returns.

Many people believe that avoiding investments keeps their money safe. CA Abhishek Walia, recalled a conversation that many people might relate to.

“A 35-year-old client once said, ‘Mutual funds are risky. I prefer safety.’” Walia shared.

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🌍 India Today

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October 17, 2025 at 12:00 AM

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