This lack of requirement to understand basic money management issues could be the reason why 43 percent of Indian women respondents did not talk to their children about the same. It is also likely that the earning member of the family has the sole grip over issues like household budgets and savings.

Indians were tremendously confident that their teenagers and young adults had a strong grip over money management issues. Sentiments of Indian respondents in this regard ranked ahead of even leading economies like U.S.A., Australia, Canada, China and Japan. And with approximately 65 percent of the 1.2 billion Indian population below 35 years of age, if going by the results in the reports,  India Inc is definitely building up a solid foundation for the years to come.