New Delhi, Sept. 11 -- Being careful with money does not always mean that one has made a sensible financial decision.

Let's talk about a 32-year-old software engineer who has built up Rs.15 lakh in savings. He was single, earning well and had money coming in every month. There was no bad stock, risky investment or crypto crash involved.

Posting about his woes on LinkedIn, Abhishek Kumar, SEBI RAI and advised at SahajMoney, said that his mistake was extremely simple - he left almost all his money in a savings account for four years.

He hadn't lost anything, so he assumed he hadn't lost anything. But the math told a different story.

While his savings account earned around 3%, inflation was running at about 6%, his money was losing rough...