Next: Banking and payments
Every account type, and which one you need
Savings, current, salary, zero-balance, minor, joint, demat and trading — what each one is actually for, and the penalties and freezes nobody mentions.
22 min
beginner
Net worth and the maths behind money
Why a rupee today beats a rupee next year, what a purchase really costs, and the one sum that says whether you are better off than you were last year.
3 lessons · about 22 minutes · written for reading age 13 · last checked 2026-08-12
A rupee today, a rupee next year
Why the same number is worth two different amounts depending on when it lands, and how one turns into the other with a single division done on paper.
7 min
What a purchase actually costs
The tag price is the smaller of two numbers. The other one changes with your age, which is why one phone costs a nineteen-year-old more than an uncle.
7 min
Net worth is the report card
Salary is a flow and net worth is a level. One subtraction, ten minutes and a pen, and you have the answer a rising salary can never give you alone.
8 min
Check yourself
4 questions at the end. Every wrong answer explains itself.
Tools for this
Sources
- Small savings rate notification — Department of Economic Affairs, Budget Division — Ministry of Finance, Government of India · checked 2026-08-12
- Reserve Bank of India — Financial Education portal — Reserve Bank of India · checked 2026-08-12
- SEBI Investor Website — investor education material on saving and the value of money over time — Securities and Exchange Board of India · checked 2026-08-12