5 Money Habits To Give Up In 2023
Last Update Date: 06-10-2026
Published by Outlook Money
Abhishek Kumar's role: Quoted
Abhishek Kumar suggested keeping no more than a fifth of the emergency fund in a savings account, said life cover should be 10–15 times annual income, and advised clearing the full credit card bill each month.
More of Abhishek's views on money management
Published at the start of 2023, the article lists five money habits worth dropping in the new year. They are keeping too much cash in a savings account, treating insurance as investment, paying only the credit card minimum, skipping the fine print, and taking costly unsecured loans.
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5 Money Habits To Give Up In 2023