New Delhi, Sept. 11 -- Does it look less like a record of your savings and more like a messy receipt, dotted with transactions ranging from your morning coffee, grocery runs, online subscriptions, and cab fares? You're not alone.

The convenience of digital payments has led many of us to use our main bank account for all our spending and savings. While it seems easy and convenient, this practice is a risky move that blurs the line between your hard-earned wealth and your daily spending, leaving your entire financial life vulnerable to fraud and overspending.

Create a financial firewall

A smarter and safer approach is to create a clear separation between accounts you use for your savings and your daily spending. This simple step protects...