India of 21st century is totally different from the India of 20th century. It may be just few decades ago but the change in mindset of India has undergone the most drastic transformation which might have otherwise taken over a century. This is primarily because of the advancement in technology, education, onslaught of communication technology starting from radio, satellite television, internet, social and digital communication and increased spending and consumerism of highest order.

As Vishal Pansari, director RameshwarDevelopers puts it, even people with humble earnings are prone to spending even at the cost of real time life goals like buying a house, saving for a rainy day or creating a corpus for future financial freedom. Priorities once cantered around enduring life goals has been replaced by a culture of immediate gratification. What was exception a few years ago has become a rule now. A middle class household managed well with one landline phone but today every family member has a personal cell phone which are expensive and upgraded every year, the insistence of a fully furnished house also has become a norm unlike few decades ago, every household had either one two wheeler or rarely one car but now every household has high end two wheelers and more than one car in the family.

Even dining at restaurant which was once in a while activity has become twice in a week kind of situation. The underlining principle is that a lots of hard earned money is used to fuel the desires of a so called successful life. Vishal Pansari aptly puts that while spending, the mindset is as they say in Hindi ‘ Zindagi na milegi dobaraa’ as if there is no tomorrow. A serious look at this middle-class habit reveals that this habit takes a toll on many life making, life building and life empowering processes.

To counteract this trend, Pansari proposes a three-stage approach.

1. Money Earning 2. Money Saving and 3. Money Investing. The process of not saving money has consequences. Since the money saving does not happen so money investing also does not happen, as a result neither money gets compounded nor steady growth of wealth happens. He speaks about a friend who had wisely invested in a house worth 50,000/- in 1991 but now the price has compounded to 1.5 crore. Wise investing automatically attracts compounding of the investment. There are many modes of investing and one needs to gain some understanding to decide what investment can attract the maximum appreciation.

As the wise adage says that a journey of a thousand miles starts with a single step. However small the step may appear but consistency taking of steps with discipline shall end in the successful completion of a journey of a thousand miles.

Discipline that can make you a millionaire:

• Cultivate the Right Mindset: Success in investing begins with a clear understanding of one's financial goals. Cultivating an investor mindset is paramount to achieving success in wealth-building endeavours.
• Invest with Purpose: Prioritize financial goals and align investments accordingly. By delineating objectives and their order of importance, investors can make informed decisions that steer them towards their desired outcomes.
• Strongly believe in yourself: Believe that you are capable of building wealth. Investing with the right mindset and purpose shall help your build wealth. Incase you do not feel confident then learn and gather more information about investing. Learning to invest helps. Believe that you can too do it.
• Conquer the FEAR of investing: Like any mind-set investing can generate a lots of fear and apprehensions because of the uncertainty and risk involved. But there are conservative, sustainable and logic based approaches to investing. Take right action and do not allow your fear to stop you from making it.
• Embrace Discipline : Discipline is the most important hallmark to creating an investing mind-set and getting rich. Slowly but gradually you shall learn to refuse and leave the money wasting habits. Small and sustainable result will further motivate you to remain on track and maintain your speed of investing

In essence, purposeful saving transcends mere financial prudence; it embodies a transformative mindset that lays the foundation for enduring financial freedom. By embracing discipline, cultivating confidence, and investing with purpose, individuals can embark on a journey towards prosperity and security, one step at a time