Small Habit That Changed Their Finances: Zerodha's Nithin Kamath reveals how a Rs 20,000 credit card debt changed his money habits

Nithin Kamaths financial philosophy centres on learning from debt, maintaining cash reserves and investing with discipline. After a Rs 20,000 credit card debt took him five years to repay, he stayed away from credit cards for nearly a decade. One common thread in all of his financial advice or lesson is to have enough cash reserves. Apart from this his investment approach focuses on suitable asset allocation, low-cost index funds, regular investing, rebalancing and staying invested.