hey splurge on mobile apps, apparel and eating out but very few young Indians want to spend on getting the right financial advice. A recent survey says that only 1 out of every four young investors goes to a professional advisor for financial advice. The survey was conducted by Value Notes for life insurance company HDFC Life. Of the 404 young investors surveyed in 11 cities across India, 31% said they chalked out their financial plans themselves while 39% said they relied on advice from friends and relatives.
http://economictimes.indiatimes.com/personal-finance/savings-centre/analysis/young-indians-want-to-spend-on-clothes-gizmos-but-not-financial-advice/articleshow/13010195.cms
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